Financial Market News

Disappointing results from Google Inc and IBM may unnerve investors shaken by a strong recent selloff in tech stocks, underscoring the challenges the Internet and IT sectors face as corporate report cards come due in coming weeks.

What a difference a day makes. Solid earnings reports and a smaller slowdown in China's growth than many had feared pushed stocks higher for the third day in a row.

World stock markets rose Wednesday after Chinese economic figures showed the slowdown in the first quarter was less severe than expected.

Major stock indexes were notching small gains in morning trading Wednesday as investors cheered solid earnings from Yahoo and looked ahead to quarterly report cards from other big tech companies including Google and IBM.

U.S. factory output rose further last month, extending strong growth from February after harsh weather had caused production to tumble in January.

In this Friday, June 29, 2012, file photo Specialists Frank Masello, left, and John T. O'Hara work on the trading floor of the New York Stock Exchange in New York shortly before the closing bell.

U.S. stock futures were moving higher after a set of positive earnings and better-than-expected Chinese GDP data boosted investor sentiment.

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.