Financial Market News

The Australian sharemarket extended its recovery after weak Chinese growth data revived hopes for stimulus in the world's second biggest economy.

A Vanguard-produced webcast on ETFs found that two-thirds of retail investors tuning in were doing so just to understand what ETFs - engage-traded funds - are and how they are different from mutual funds.

The Toronto stock market closed with a small gain Tuesday amid concerns about China's growth and worsening tensions between Ukraine and Russia.

Major U.S. stock indexes were mixed in afternoon trading Tuesday after an early gain faded.

Drugmaker Johnson & Johnson's quarterly earnings rose and Coca-Cola's matched Wall Street's expectations.

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Lower U.S. gasoline prices kept consumer inflation in check last month, helping offset higher costs for food and clothing.

Asian stock markets were mixed Tuesday as jitters about China's economy overshadowed a perk from strong U.S. data and earnings.

Bathurst Resources says it needs an extra day to complete a discounted share placement raising funds to develop its controversial Escarpment open-cut coal mine on the Denniston Plateau near Westport.

Shoppers were out in full force last month, pushing retail sales up more than 1 percent.

In this Friday, April 11, 2014 photo, trader Anthony Carannante, left, works on the floor of the New York Stock Exchange.

In this April 10, 2014 file photo, Ally Financial CEO Michael Carpenter, third from right, is applauded as he rings the New York Stock Exchange opening bell to mark his company's IPO.

Russian stocks and the rouble fell sharply on Monday as Ukraine prepared to fight pro-Russian rebels, heightening fears of Russian military intervention and more western sanctions against Moscow.

Better than expected reports from Citigroup and retail sales data helped U.S. markets open in positive territory after a painful week that saw the Nasdaq fall 3.1%, the S&P 500 side 2.7% , and the Dow Industrials tumble 2.3%.

U.S. stocks appeared ready to start the week higher, following news that U.S. retail sales in March rose by the largest amount in 18 months.

Tokyo stocks slipped 0.36 percent Monday, weighed by losses on Wall Street last week and the yen's rise as tensions in Ukraine escalate.

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China's benchmark Shanghai Composite Index lost 0.4 percent to 2,122.38 and the regional heavyweight, Tokyo's Nikkei 225, shed 0.1 percent to 13,944.43.

The safe-haven yen started the week on a firm footing and Asian shares braced for more losses on Monday after a dismal week on Wall Street.

And now a new study finds that the typical 401 fees - adding up to a modest-sounding 1 percent a year - would erase $70,000 from an average worker's account over a four-decade career compared with lower-cost options.