Stock Market Today

U.S. Treasury bond costs sank for the second day on Wednesday, driving yields to a six-month high following an agreement to extend tax cuts fed fears of inflation and a ballooning deficit, while the dollar rose on perceptions the tax cuts could enhance economic development. Gold tumbled a day following hitting a lifetime high in [...]

Following a brief lull, the Asian IPO express looked back on track on Thursday, with companies from China to Japan reiterating commitments to raise billions of dollars through stock marketplace floats, although marketplace volatility did cut appetites for some deals. Sentiment took a hit on Wednesday, encouraging two companies to shelve IPOs worth extra than [...]

Asian stocks rose from 1-1/2-month lows on Thursday, with buying focused inside the tech and retail sectors on hopes for a busy U.S. shopping season, though the falling Australian dollar was an indication of investors’ reduced willingness to take risks. Major European stock markets saw modest early gains, using the FTSEurofirst 300 opening up 0.2 [...]

Japan’s Nikkei share average dropped 1 percent on Wednesday as North Korea’s shelling of a South Korean island the previous day rattled investors and spurred profit-taking after a recent rally. Market players said Tokyo shares were due for a pull-back after having climbed this month on the back of solid corporate earnings, as well as [...]

The Treasury Department says it has received $11.7 billion from the sale of 358.5 million shares of General Motors stock. Treasury announced that the net proceeds from the GM stock sold last week were delivered on Tuesday. Treasury officials said that the government could receive an additional $1.8 billion assuming the bankers exercise choices to [...]