Global Markets News

Global shares fall on corporate outlooks, euro gains

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NEW YORK - Global stocks fell on Monday on weak corporate results and outlooks, while the euro gained after a regional vote in Spain was seen as moving a solution to the euro zone debt crisis one step closer.

Wall Street falls, Caterpillar latest to miss on sales

NEW YORK - Stocks tumbled on Monday as investors worried that slower global growth is hitting corporate sales despite earnings that beat expectations. | Video

3:02pm EDT

U.S. exchange flags internal trading discrepancy

NEW YORK - U.S. exchange operator Direct Edge said on Monday it found a discrepancy between how a stock trades in certain circumstances compared with what its rules state, a contradiction at the center of a growing debate over market complexity and fairness.

2:24pm EDT

Gold rebounds above key support, Fed statement eyed

NEW YORK - Gold prices climbed on Monday, partially recovering from the previous session's sharp decline, boosted by technical buying and better Indian physical demand following the recent price drop.

2:47pm EDT

Oil dips on economy worry, but supply fears support

NEW YORK - Oil prices fell in choppy trading on Monday as economic concerns and expected production and pipeline restarts offset support from fears the turmoil in the Middle East turmoil may threaten the region's supply.

2:00pm EDT

Yen plunges as BoJ leans to easing, euro rises on Spain

NEW YORK - The yen plummeted to multi-month lows versus the dollar and euro on Monday on heightened expectations that the Bank of Japan will ease monetary policy at a meeting next week.

2:49pm EDT
World Markets

Iraq ambassador wants U.S. to pressure Exxon on Kurdistan

* Exxon signed exploration deal with Kurdistan last October

Financials, Stocks, 3:21pm EDT

European shares dented by Caterpillar outlook

LONDON, Oct 22 - European shares fell on Monday after U.S. industrial bellwether Caterpillar joined other multinational manufacturers in giving a sobering take on the outlook for the global economy.

Nikkei posts longest winning streak in 13 mths on weak yen, BOJ

* Increasingly soft yen continues to support exporters * Mitsubishi Corp sags after cutting profit forecast * Index heavyweight Fanuc falls after JPMorgan downgrade * Sharp jumps on report of boost in IGZO display output By Sophie Knight TOKYO, Oct 22 - Japan's Nikkei average edged up on Monday to mark its sixth straight day of gains as a softer yen and expectations of easing from the Bank of Japan outweighed the latest disappointing U.S. earnings from General Elec

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