XML Market NewsTrouble In The Transports?published Wed, Feb 08 2012 07:32 GMT
One of the few major exchange-traded funds trading lower into midweek was the iShares Dow Jones Transportation Average Index Fund ETF (NYSE: IYT). IYT has traded lower for the past two days in a row after rallying to their highest levels since the summer of 2011.
Currency Markets Steadypublished Wed, Feb 08 2012 07:02 GMT
Currency markets were holding steady in tight ranges in European trading as participants refrained from placing new bets without firm news of a political deal in Greece.
German Costs Stay Lowpublished Wed, Feb 08 2012 06:32 GMT
Germany's latest offer of five-year debt attracted solid demand at its latest auction as borrowing costs rose only slightly from recent record lows.
Europe's Markets Risepublished Wed, Feb 08 2012 06:14 GMT
European stocks were modestly higher as investors hoped that Greek lawmakers were close to a deal on the restructuring of Greece's debt.
Citi Bullish on Retail Bankingpublished Tue, Feb 07 2012 21:42 GMT
U.S. banks have been dogged in recent years by tougher regulation and sluggish loan growth. But Citigroup believes things will turn around for its U.S. retail-banking operations.
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