Financial Market News

Stocks remained under pressure Thursday as modestly stronger than anticipated U.S. retail sales figures failed to offset concerns over the Chinese economy.

Specialist Donald Civitanova work on the floor of the New York Stock Exchange Wednesday, March 12, 2014.

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Specialist Donald Civitanova work on the floor of the New York Stock Exchange Wednesday, March 12, 2014.

Stocks are opening higher as traders were encouraged by a pickup in retail sales and more signs of health in the U.S. job market.

Irish government bond yields hit new record lows on Thursday as Dublin's first regular debt auction since its 2010 international bailout found substantial demand and cemented the return of full access to borrowing markets.

The New York City fire department says it has received a report of an explosion and building collapse in East Harlem.

Art auctions sales were up 13% on the year to $12 billion in 2013. But even as investors are turning toward alternative assets, advisors are telling clients to rethink art purchases for their portfolio, reports Murray Coleman at the WSJ.

The 48-year-old owner of a die-casting factory in Mumbai is among a growing number of local investors returning to the $1.2 trillion equity market on speculation national elections in May will deliver a government with the mandate to revive economic growth from a decade low.

The Dow Jones industrial average and the S&P 500 both ended little changed. The Nasdaq posted a modest gain.

In this Friday, March 7, 2014, file photo, trader Theodore Nelson, left, works on the floor of the New York Stock Exchange.

Concerns about slower economic growth in China and lingering tensions in Ukraine helped set the U.S. stock market on course for its third loss in a row Wednesday.

US stocks were poised to fall at the open, putting the S&P 500 on track for a third straight decline, as concerns grew over the strength of China's economy.

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The Toronto stock market looked set for a lower open Tuesday as commodity prices started to recover from sharp price drops.

The trade-weighted index jumped as high as 79.68 overnight, up from 79.50 yesterday and surpassing its previous high of 79.67 in April last year.

Without any big economic news or blowout company earnings to respond to, investors found little to get excited about Tuesday and sent the stock market lower for the second day in a row.

Puerto Rico sold $3.5 billion in general obligation bonds on Tuesday in the largest issue of its kind for the U.S. territory, which is struggling to pay off $70 billion in public debt.

A man walks past a world stock price chart on a street in Tokyo, Monday, March 10, 2014.

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