Briefing.com News

The U.S. Consumer Price Index rose by 0.1 percent in May, according to a report released Tuesday by the Bureau of Labor Statistics, matching what a consensus of economists expected for the closely watched inflation guage.

Heavy rains have killed 50 people in the north of India . The S&P BSE India Sensex Index fell 0.5%.

Investors look set to push stocks cautiously higher Tuesday in the hope that the Federal Reserve will calm fears about an early end to cheap money.

Market participants look for the U.S. Federal Open Market Committee to largely stay the course on monetary accommodation and maybe even try to "soothe" markets after a widely anticipated meeting this week.

The Advance Retail Sales Report released Thursday morning shows that sales in May came in at 0.6% month-over-month, a strong improvement over the 0.1% in April.

US stocks fell sharply in highly volatile trade on Wednesday, with the Dow posting its first three-day losing streak this year amid worries about central banks' stimulus plans.

For the quarter ended March 31, the Chinese solar company posted a loss attributable to common shareholders of $187.1 million, or $1.21 per American depository share.

For the quarter ended March 31, the Chinese solar company posted a loss attributable to common shareholders of $187.1 million, or $1.21 per American depository share.

Retail sales and a consumer sentiment survey in the United States plus a Bank of Japan statement on its monetary policy lead this week's list of key economic reports.

US stocks jumped 1.3 per cent on Friday as investors took a report of continuing modest gains in job creation in May to suggest that the Federal Reserve will not reel in its stimulus in the short run.

India's rupee fell to its lowest level in a year . The S&P BSE India Sensex Index dropped 0.5%.

U.S. stock futures were edging slightly lower without straying far from Thursday's closing levels.

US stocks swung erratically Thursday as the dollar sank and bond prices rose, but finished solidly higher a day ahead of the government's release of US employment data for May. The Dow Jones Industrial Average gained 80.03 points at 15,040.62, after having lost as much as 116 points at mid-session.

China said it would explore imposing tariffs on wine from Europe in response to duties imposed on solar panels.

If the Dow Jones industrial average manages even a small gain, this will be the 21st Tuesday in a row it will have ended in positive territory.

The Institute of Supply Management's monthly reading on the U.S. manufacturing sector came in at 49 in May, down from 50.7 in April, and well below the 50.9 that was expected by economists surveyed by Briefing.com. Any number below 50 indicates the sector is contracting.

US stocks rose in opening trade Monday, rebounding from steep losses Friday as markets awaited key PMI manufacturing data for May.

Barring a massive sell-off Friday, the major U.S. indexes will end the month with solid gains, So far this month, they're up between 3% and 4%, bringing their advance for the year to a hefty 16%. Investors close out the week awaiting a handful of economic reports, including data on personal income and spending due from the Commerce Department at ... (more)

China's economy is less responsive to credit , Bloomberg says. The Shanghai Stock Exchange Composite Index fell 0.3% today.

The Consumer Confidence Index, which gauges how consumers feel about the economy each month, rose to 76.2 in May -- its highest reading since February 2008, according to research firm The Conference Board.