Financial Market News

Every trade has two sides, writes Steve Utkus a principal and director of the Vanguard Center for Retirement Research.

The deal, disclosed on Tuesday, comes as Goldman is working to bulk up its asset management unit, partly by strengthening its quantitative product offerings.

New Zealand stocks rose as Genesis Energy held its gains on the second day of trading, lifting sentiment for fellow government-controlled energy companies, Mighty River Power and Meridian Energy.

The Federal Election Commission will consider a request this Wednesday that could open the floodgates for donors to make political contributions in bitcoin in the upcoming midterm elections.

The market also got a lift from deal news. Netflix rose after reporting a big jump in its earnings and Botox maker Allergan rose sharply on a takeover bid.

European shares rose in early trade on Tuesday as mergers and acquisitions activity in the pharma sector helped the market extend last week's gains and eclipse disappointing results from Dutch conglomerate Philips.

Shares in Botox maker Allergan will be watched closely after activist investor Bill Ackman and Valeant Pharmaceuticals said they were planning a joint bid to buy the company.

Wall Street stocks closed on a high note Monday follow the holiday weekend, with a boost from a promising economic survey.

Asian stocks edged higher on Tuesday following a Wall Street rally powered by positive earnings reports but the mood was still cautious before a report on Chinese manufacturing and possible sanctions against Russia over Ukraine.

Japan overhauled the world's biggest public pension fund on Tuesday, appointing new committee members, in a push toward Prime Minister Shinzo Abe's goal of a more aggressive investment strategy.

Economists had expected growth to accelerate in 2014 after two years of slow and steady improvement.

Economists had expected the growth to accelerate in 2014 after two years of slow and steady improvement.

Falling mining stocks pushed the Toronto stock market slightly lower Monday as traders look to a heavy slate of earnings news coming out during the week.

A measure of the U.S. economy's health rose in March for the third consecutive month, a sign of stronger growth after harsh winter weather caused the economy's pace to slow.

The Standard & Poor's 500 index is coming off its best week since July as first-quarter corporate earnings begin to come in.

Stocks drifted higher in early trading Monday as U.S. investors got back into action after the long holiday weekend.

More than five years after the financial crisis, the average American is still wary of the stock market, according to a survey released Monday.

The net-long position contracted to the lowest since mid- February as speculators sold bullion on signs of accelerating U.S. economic growth.

Asian stocks were mixed Monday in light trading after Japan reported a jump in its trade deficit and investors looked ahead to economic data this week from China and Korea.

Among the companies whose shares are expected to see active trade in Monday's session are Netflix Inc., Halliburton Co., Hasbro Inc. and LinkedIn Corp. is projected to report first-quarter earnings of 81 cents a share, according to a consensus survey from FactSet.