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Market Update Archive: 
UK Manufacturing Expands, Home Prices Fall
Feb 01, 10:22 AM ET
The UK indexes rose more than 1% after manufacturing activity rose to an eight-month high, home prices fell, and Irish manufacturing sector declined in January. Traders were optimistic that the Greek debt-swap talks too would be resolved by the weekend.
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Nikkei Flat in Tokyo; Nomura Net Up, Sony Replaces Chief
Feb 01, 12:07 PM ET
Tokyo stocks were flat as earnings release accelerate this week. Sony replaced its chief executive as losses in its TV unit mount. Nomura reported a slight profit after the close and Sumitomo Heavy lowered annual earnings outlook. All Nippon Air lifted its operating earnings estimate.
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Australian Home Prices Decline 4.8%; Fortescue in Focus
Feb 01, 9:01 AM ET
Australian indexes eased after home prices fell December quarter. Wesfarmers traded down ahead of its quarterly results tomorrow. Fortescue Metals Group declined after a key investor cut its stake to 1%.
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U.S. Indexes Hold; Consumer Confidence, Home Prices Decline
Jan 31, 5:33 PM ET
U.S. stocks were in a holding pattern after consumer confidence index dipped in January and home prices declined for the third month in a row in November. European leaders agreed for a fiscal pact and paved the way for the euro zone nations to tighter integration. The yen traded at a 3-month high.
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EU Summit Sparks Optimism; Exxon Net Rises 2%
Jan 31, 10:11 AM ET
The U.S. indexes gained on optimism of a resolution to the Greek debt-swap deal. McKesson agreed to acquire private label and drug franchise retail business of Canada based Katz Group for C$920 million. Exxon quarterly net rose 2%.
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U.S. Movers: Danaher, Eli Lilly, Pfizer, Tyco, UPS, Valero
Jan 31, 11:34 AM ET
Danaher fourth quarter net increased to $571 million. Eli Lilly fourth quarter net slumped 27% to $858 million and Pfizer fourth quarter net declined 50% to $1.44 billion. Tyco International first quarter net slumped to $333 million. United Parcel fourth quarter net slumped 29% to $725 million.
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EU Adopts Fiscal Compact; ThyssenKrupp, Outokumpu in €2.7 B Deal
Jan 31, 7:42 AM ET
European leaders agreed on the fiscal compact that will pave the way for the European Central Bank involvement. Czech Republic and UK dissented. ThyssenKrupp agreed to sell its Finnish unit for €2.7 billion.
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French Consumer Spending Falls; Euro Area Jobless Rate Above 10%
Jan 31, 8:50 AM ET
Euro area jobless rate remain unchanged but stayed above 10% in December as Spanish jobless rate rose to 22.9% and Greek rate to 19.2%. German retail sales dropped and French consumer spending fell in December. Spanish inflation eased in January.
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UK Confidence at 7-Month High; BSkyB Profit Rises
Jan 31, 10:38 AM ET
The UK indexes gained after consumer confidence improved in January and loan approvals for home purchase climbed in December. Essar ordered to pay $1.235 billion of sales tax deferment benefit, plus interest accrued. BSkyB first-half revenue increased 6%.
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Nikkei Jumps 4.1% in January; Canon, Fujifilm, Toshiba in Focus
Jan 31, 11:23 AM ET
Japanese market indexes closed flat and gained 4.1% in January. Honda reported worse than expected decline in earnings and Sumitomo Mitsui Financial reaffirmed annual net income outlook. Canon president resigned and Fujifilm lowered its annual view.
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