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S&P 500 hits new high on Fed statement

The S&P 500 jumped 0.9% just under an hour into the day’s trading, helping the benchmark easily surpass all-time intraday record highs Read More | View Original Article

Capital comments boost Lloyds shares

Part-nationalised bank says it will not need to issue new equity to satisfy Prudential Regulatory Authority requirements on capital levels Read More | View Original Article

Shares bolstered by Bernanke testimony

The chairman of the Federal Reserve shows no sign of wanting to scale back the central bank’s programme of asset purchases just yet Read More | View Original Article

US money market funds warm to eurozone

Exposure to Europe’s banks was 14 per cent higher as Italy’s recent political difficulties and Europe’s mishandling of Cyprus crisis is shrugged off Read More | View Original Article

US stocks close at fresh high

Five of 10 main industry groups on the benchmark rise, with companies that sell non-essential items to consumers leading the gainers Read More | View Original Article

Investors sit out European rally

As the continent’s shares near a five-year high, equity trading volumes fall to their thinnest level since June 2001, an average of 1.8bn shares a day Read More | View Original Article

ICE and NYSE file deal with EU regulators

Deal worth $10bn would create one of the world’s largest derivatives exchanges. The authorities have 25 workdays for an initial investigation Read More | View Original Article

Shares advance ahead of Bernanke speech

US stocks reach fresh record highs as investors await further clues on the outlook for monetary policy from the Federal Reserve chairman Read More | View Original Article

Quick View: NYSE’s prophetic objection

The flash crash that sent Anadarko Petroleum shares to one cent has called into question the SEC’s new rules for circuit breakers Read More | View Original Article

Short position holders have been hit hard

Missing this bounce will have hurt – but for some more than others. Those who held short positions have suffered horribly Read More | View Original Article

Ryanair lifted by gain in net profit

The results saw the European aviation sector make gains as well – Lufthansa added 3.6% to €16.07 and Air France-KLM rose 4% to €7.71 Read More | View Original Article

FTSE 100 hits highest in 12 years

The FTSE 100 rose 0.5% or 32.57 points at 6,755.63, its highest level since September 2000, with utilities underpinning the advance Read More | View Original Article

Wall of money eases eurozone funding

Encouraged by low borrowing costs and investor demand, finance ministries are further ahead in funding programmes than at this stage in 3 years Read More | View Original Article

Dealmaking fails to send Wall St higher

The benchmark’s decline came as Yahoo, the internet media and search company, said it would acquire blogging site Tumblr for $1.1bn Read More | View Original Article

Global stocks inch to fresh highs

Equity markets made further progress as the S&P 500 hit an intra-day record but the dollar’s recent rally began to run out of steam Read More | View Original Article