Global Markets News

Wall Street flat after leftists win Greek elections

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NEW YORK - U.S. stocks were little changed on Monday after a decisive Greek election victory by the leftist Syriza party spurred concern over fresh instability in the euro zone, even as the possibility of Greece leaving the bloc was considered remote.

Oil climbs ahead of U.S. storm following Saudi transition

NEW YORK - Oil prices were up for a second straight day on Monday ahead of the first major snowstorm expected this year in the U.S. Northeast.

1:31am IST

U.S. deficit to dip in 2015, era of dramatic declines ends: CBO

WASHINGTON - The U.S. budget deficit will decline slightly to $468 billion this fiscal year from $483 billion last year, the Congressional Budget Office said on Monday in a report that marks the end to an era of dramatically falling deficits.

12:40am IST

Euro recovers, global stocks up after Greek vote

NEW YORK - The euro rebounded from two days of sharp losses on Monday, even as an anti-bailout party was victorious in Greek elections, while global stock indexes edged up on confidence in the European Central Banks's new money-printing program. | Video

12:10am IST

S&P downgrades Russia's sovereign credit rating to 'junk'

MOSCOW - Ratings agency S&P cut Russia's sovereign credit rating to below investment grade, or "junk" status, on Monday for the first time in a decade.

1:36am IST

Questions raised over Swiss franc retail trades

LONDON - Doubts grew on Monday about the validity of trades in the turmoil that followed this month's removal of the cap on the Swiss franc, with administrators of Alpari UK saying they were taking another look at the retail broker's trades.

12:59am IST
World Markets

US STOCKS-Wall St dips weighed by UPS, miners; Starbucks shines

* Dow down 0.2 pct, S&P 500 off 0.1 pct, Nasdaq up 0.4 pct (Updates to early afternoon)

Greek shares slump after anti-austerity party wins vote

PARIS, Jan 26 - Top Greek shares slumped more than 5 percent at the open on Monday after Greece's Syriza party promised to roll back austerity measures in the wake of its victory in a snap election.

Greek vote fails to derail Europe's ECB-driven share rally

* QE optimism contains damage in markets (Updates with closing prices)

Hong Kong shares gain for 5th day despite euro zone concerns

Jan 26 - Hong Kong shares inched up on Monday to notch a fifth consecutive day of gains, shrugging off renewed concerns over potential instability in the euro zone after an anti-austerity party won the Greek general election.

26 Jan 2015
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Nikkei 17,468.52 -43.23 -0.25%
Hang Seng 24,909.90 + 59.45 +0.24%
Sensex 29,278.84 + 272.82 +0.94%
EUR/INR 69.283 +0.99%
USD/INR 61.465 -0.06%
GBP/INR 92.683 +0.68%
Gold 1,281.40 -13.20 -1.02%
Oil 45.14 -0.45 -0.99%
Corn 384.00 -2.75 -0.71%

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