http://www.rttnews.comGlobal financial news, market analysis, economics and forex newsen-usWed, 16 May 2012 14:15:02 GMTAfter trending lower in recent sessions, stocks are moving notably higher in early trading on Wednesday. The major averages have climbed firmly into positive territory, bouncing off the three-month closing lows set in the previous session.http://www.rttnews.com/story.aspx?Id=1887833Wed, 16 May 2012 14:02:05 GMTStocks may move back to the upside in early trading on Wednesday after trending lower in recent sessions. The major index futures are currently pointing to a moderately higher open for the markets, with the Dow futures up by 43 points.http://www.rttnews.com/story.aspx?Id=1887716Wed, 16 May 2012 12:55:10 GMTIndian shares tumbled on Wednesday, weighed down by capital outflow worries after the rupee tumbled to hit a record low against the dollar, succumbing to growing risk aversion due to the euro zone crisis and amid concerns about India's widening current account and fiscal deficits. The rupee pared early losses after finance minister Pranab Mukherjee said there was no need to panic and the RBI is closely watching currency movements.http://www.rttnews.com/story.aspx?Id=1887614Wed, 16 May 2012 11:34:25 GMTStocks fell sharply across Asia on Wednesday, as news that Greece will hold a second election in June increased uncertainty over the future of the euro region. Investors fear that a Greek exit from the eurozone, a strong position against austerity measures and a disorderly debt default could lead to fatal consequences and make sovereign debt problems worse.http://www.rttnews.com/story.aspx?Id=1887477Wed, 16 May 2012 09:33:31 GMTEuropean stocks are expected to follow Asian stocks and commodities lower, as the political impasse in Greece deepened Europe's sovereign debt crisis. With European leaders getting ready to survive a Greek exit, investors now turn their focus to other weaker eurozone members like Spain and Italy, which remain at the forefront of the crisis due to rising bond yields. http://www.rttnews.com/story.aspx?Id=1887282Wed, 16 May 2012 06:10:49 GMTIndian shares fell sharply on Wednesday, mirroring weak Asian cues as Greece coalition talks failed and data showed Japanese core machinery orders fell for the first time in three months in March, declining a seasonally adjusted 2.8 percent from the previous month. http://www.rttnews.com/story.aspx?Id=1887224Wed, 16 May 2012 04:38:21 GMTAsian stock markets are trading lower on Wednesday with investors indulging in some heavy selling across the board due to the political uncertainty in Greece. http://www.rttnews.com/story.aspx?Id=1887217Wed, 16 May 2012 04:19:01 GMTThe Japanese stock market is trading lower on Wednesday with weak machinery data and concerns about the political and economic situation in Greece weighing on sentiment to a notable extent. The yen's surge against the euro - it rose to the lower-102 level - also contributed to the weak start for stocks.http://www.rttnews.com/story.aspx?Id=1887201Wed, 16 May 2012 02:48:08 GMTThe Australian market is trading lower on Wednesday with investors indulging in some heavy selling across the board following a weak lead from the U.S. and European markets. http://www.rttnews.com/story.aspx?Id=1887174Wed, 16 May 2012 01:32:42 GMTAfter showing a lack of direction for much of the session, stocks came under pressure in the latter part of the trading day on Tuesday. Worries about Greece weighed on the markets once again, overshadowing a batch of largely upbeat U.S. economic data.http://www.rttnews.com/story.aspx?Id=1886881Tue, 15 May 2012 20:28:20 GMTAfter ending the previous session sharply lower, stocks have seen considerable volatility during trading on Tuesday. The choppy trading comes as traders weigh the latest news out of Greece against a batch of largely upbeat U.S. economic data.http://www.rttnews.com/story.aspx?Id=1886651Tue, 15 May 2012 16:10:36 GMTStocks are turning in a lackluster performance in early trading on Tuesday, as traders weigh the latest news out of Greece against a batch of largely upbeat economic data. The major averages are lingering near the unchanged line after ending the previous session sharply lower.http://www.rttnews.com/story.aspx?Id=1886541Tue, 15 May 2012 13:57:36 GMTAfter ending the previous session sharply lower, stocks are likely to move back to the upside in early trading on Tuesday. The major index futures are currently pointing to a moderately higher open for the markets, with the Dow futures up by 61 points.http://www.rttnews.com/story.aspx?Id=1886463Tue, 15 May 2012 12:56:02 GMTIndian shares rebounded on Tuesday, as bargain hunters stepped in after five straight days of losses. Falling oil prices and the strengthening of rupee from a near record low against the dollar amidst what dealers called "massive" intervention from the Reserve Bank of India also encouraged investors to cherry-pick battered stocks. http://www.rttnews.com/story.aspx?Id=1886274Tue, 15 May 2012 11:00:57 GMTWall Street remains poised for a rebound on Tuesday, as indicated by the U.S. index futures, which point to a higher open. The negative sentiment emanating from the ongoing political tussle in Greece and the debt concerns plaguing some of the peripheral eurozone nations is likely to be offset to some extent by fairly positive GDP reports released by some eurozone nations.http://www.rttnews.com/story.aspx?Id=1886243Tue, 15 May 2012 10:31:21 GMTAsian stocks turned in a mixed performance on Tuesday, as worries about the possible exit of Greece from the euro-zone continue to haunt investors. Investors fear that the European debt crisis could spiral out of control and weigh on global growth if Greece were to exit the euro zone and default on its debt. http://www.rttnews.com/story.aspx?Id=1886183Tue, 15 May 2012 09:23:11 GMTEuropean shares are seen opening lower on Tuesday, extending the previous session's sell-off, as Greek political parties continue their talks to form a coalition government for a ninth day, raising fears the debt-laden country may renege on bailout pledges and exit from Europe's currency union. http://www.rttnews.com/story.aspx?Id=1885948Tue, 15 May 2012 06:16:33 GMTIndian shares are trading moderately higher on Tuesday, as investors hunted for bargains after five straight days of losses. U.S. crude futures extended losses, dropping towards $94 a barrel this morning and the Reserve Bank of India is believed to have intervened in the forex market to check rupee volatility, offering some support to battered stocks. http://www.rttnews.com/story.aspx?Id=1885845Tue, 15 May 2012 04:58:04 GMTAsian stock markets are trading weak on Tuesday with investors tracking a negative lead from the U.S. and European markets where stock prices drifted down sharply overnight amid concerns about the financial situation in Europe. Most of the markets are down with notable losses with traders remaining quite wary of building up positions.http://www.rttnews.com/story.aspx?Id=1885823Tue, 15 May 2012 03:29:03 GMTIndian shares are seen drifting lower on Tuesday, joining a global sell-off as growing fears that Greece would exit the eurozone and default on its debt heightened risk aversion and put pressure on the euro. http://www.rttnews.com/story.aspx?Id=1885818Tue, 15 May 2012 03:16:22 GMTStocks opened on a weak note in the Japanese market on Tuesday with investors following a weak lead from the U.S. and European markets and indulging in some heavy selling in several blue chip stocks from across various sectors. The yen's surge against the euro also contributed to the negative start in the market.http://www.rttnews.com/story.aspx?Id=1885790Tue, 15 May 2012 02:01:33 GMTThe Australian stock market is trading weak on Tuesday with investors pressing heavy sales at several counters, tracking cues from Wall Street where stocks ended notably lower overnight amid worries about the European economy.http://www.rttnews.com/story.aspx?Id=1885776Tue, 15 May 2012 01:32:26 GMTStocks saw considerable weakness during trading on Monday, as traders expressed continued concerns about the latest developments overseas. The losses on the day extended a recent downward for the markets, which have trended lower for most of May.http://www.rttnews.com/story.aspx?Id=1885554Mon, 14 May 2012 20:37:51 GMTStocks remain mostly negative in mid-day trading on Monday, although selling pressure has waned from earlier in the session. Concerns about the latest developments overseas continue to weigh on the markets.http://www.rttnews.com/story.aspx?Id=1885382Mon, 14 May 2012 16:02:57 GMTAfter moving sharply lower in early trading on Monday, stocks have seen continued weakness over the course of the morning. The major averages have remained stuck firmly in negative territory, extending a recent downward trend.http://www.rttnews.com/story.aspx?Id=1885352Mon, 14 May 2012 15:05:42 GMTWith lingering concerns about developments overseas weighing on the minds of investors, stocks moved sharply lower at the start of trading on Monday. The major averages showed notable moves to the downside, adding to the losses posted last week.http://www.rttnews.com/story.aspx?Id=1885300Mon, 14 May 2012 14:03:43 GMTStocks are likely to show a sharp move to the downside at the start of trading on Monday amid continued uncertainty about developments overseas. The major index futures are currently pointing to a notably lower open for the markets, with the Dow futures down by 95 points.http://www.rttnews.com/story.aspx?Id=1885221Mon, 14 May 2012 12:48:36 GMTIndian shares fell on Monday after government data showed India's headline inflation accelerated to 7.23 percent in April, making it difficult for the RBI to moderate monetary policy. Negative global cues, especially a sell-off in Europe on fears that Greece will soon exit the eurozone also prompted investors to move to the sidelines. http://www.rttnews.com/story.aspx?Id=1885015Mon, 14 May 2012 10:43:43 GMTThe plethora of worries plaguing the eurozone has apparently found their way across the Atlantic, as indicated by the U.S. index futures, which point to a lower opening. In the absence of any major domestic economic catalysts, traders may stay glued to the events that unfold in the Eurozone debt crisis saga, as the region battles its debt woes. A key Eurogroup meeting and the developments in Greece to break the political impasse could be the focus of the markets in today's session.http://www.rttnews.com/story.aspx?Id=1885004Mon, 14 May 2012 10:32:48 GMTAsian shares swung between gains and losses before ending mostly lower on Monday, as concerns over political uncertainty in Europe partially offset the positive sentiment generated by a weekend move by China's central bank to cut banks' reserve requirement ratio for commercial banks by 50 basis points, effective from May 18.http://www.rttnews.com/story.aspx?Id=1884972Mon, 14 May 2012 10:02:15 GMT