The U.S. dollar extended gains against some currencies after a surge the previous day, buoyed by signs of improvement in the U.S. economy such as better-than-expected home sales, durable goods and consumer confidence. The stronger dollar was partially a factor in Tuesday's sell off, as the strong dollar sent commodity prices falling, which in turn hit shares of material, oil and gas and industrial companies. Greece might miss a debt repayment on June 5 if it fails to receive bailout funds from creditors, who are demanding that the country make reforms to its economy. Missing those payments could destabilize the country's financial system and eventually push it out of the 19-country eurozone, a step that could shake the currency union and the global economy.
Similar Stories to Us Stocks Open Modestly Higher In Quiet Trading on Bing News
By KEN SWEET, AP Business Writer, Seattle Post-Intelligencer: Business
Wed, 05/27/2015 - 7:59am
BING NEWS:
- Stock Market Today: Stocks higher amid earnings parade; GM, GE, UPS report
Stocks are looking at their first back-to-back gains for the month Tuesday with a host of blue-chip earnings reporting first-quarter earnings.
04/23/2024 - 4:20 am | View Link - Stock Market Today: Stocks higher amid earnings parade; GM, GE, UPS report
U.S. stocks nudged higher Tuesday, following on from a tech-led rebound that lifted Wall Street firmly higher in the previous session, as investors looked to a busy slate of corporate earnings and ...
04/22/2024 - 8:20 pm | View Link - Australian Market Notably Higher
(RTTNews) - The Australian stock market is notably higher on Thursday, recouping some of the losses in the previous five sessions, despite the broadly negative cues from Wall Street overnight.
04/17/2024 - 2:29 pm | View Link - Stocks edge higher in calmer trading
European and US markets are mostly higher this afternoon, as a lack of any geopolitical developments encourages some cautious buying, says Chris Beauchamp, Chief Market Analyst at online trading ...
04/17/2024 - 4:30 am | View Link - BMO shares 4 charts showing why stock investors shouldn't fear higher-for-longer interest rates
Investors are starting to wake up to the fact that the Federal Reserve may not cut interest rates in 2024 following hawkish commentary from Fed Chairman Jerome Powell on Tuesday. That's in stark ...
04/17/2024 - 3:46 am | View Link - More
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