Stocks, Economy | featured news

Stocks rose on Thursday after U.S. economic data came in stronger than forecast and Germany's lower house approved new powers for the euro zone's crisis fund.

FedEx scared markets in its first quarter earnings report, noting the global economy would slow and demand, particularly from Asia, would cool, putting downward pressure on the stock.

Stocks tumbled on Thursday, extending losses for a fourth straight session, as the Federal Reserve's weak outlook for the U.S. economy and disappointing data from China heightened fears about a global recession.

Bottom Line: Stocks rose in mid-morning trade on Wall Street Tuesday as investors grew more optimistic that the Federal Reserve would announce new moves to stimulate the economy.

Stocks are tumbling as investors worry that Greece won't qualify for a new installment of emergency funds in time to avoid defaulting on its debt.

Stocks are edging higher following a four-week losing streak. The Dow Jones industrial average is up 23 points, or 0.2 percent, to 10,844 in midday trading Monday. It had been up as many as 203 points. The Dow fell 4 percent last week as worries deepened that the U.S. could slip into a recession. The S&P 500 rose less than a point to 1,124. The Nasdaq was up less than a point at 2,342.

Stock markets in Asia opened sharply lower Friday amid signs of a possible U.S. recession and renewed worries over the financial health of Europe's banks.

World stocks fell on Thursday as heightened worries about sluggish economic recovery prompted investors to cut exposure to riskier assets, while the Swiss franc fell as the central bank took further steps to halt its steady rise.

Markets are in a "new danger zone" as investors have lost confidence in the economic leadership of several countries, the World Bank president says.

The Fed spoke - and financial markets rallied. The Dow Jones industrial average surged more than 429 points, its tenth highest point gain in history and the biggest since March 2009. It was just one day after the Dow had its worst point decline since 2008.