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Stocks sink after Europe disappoints Wall Street

Stocks fell on Thursday after European Central Bank President Mario Draghi disappointed investors hoping for immediate action to contain the euro zone debt crisis.

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Found more than 1 month ago on channel MSNBC

Before the Bell: U.S. retail sales, ECB in focus

Wall Street is pointing higher on Thursday after the European Central Bank left its key rate unchanged, as expected, and looked to comments from ECB President Mario Draghi. Many U.S. retail stores reported increase in same-store sales. Futures on the Dow Jones Industrial Average rose 0.5% and Nasdaq 100 futures rose 0.5%. European stock markets held on to gains and most Asian markets fell Thursday as skepticism the European Central Bank will announce bold measures to ease the region’s debt troubles turned investors cautious a day after the Federal Reserve also refrained from further monetary stimulus.

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Found more than 1 month ago on channel MarketWatch

London Markets: U.K. stocks climb after Draghi, earnings

U.K. stocks largely erase the week’s losses, on European Central Bank President Mario Draghi’s pledge to take all necessary steps to keep the euro zone afloat that helps boost other regional bourses as well as Wall Street.

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Found more than 1 month ago on channel MarketWatch

ECB's Draghi phoned Napolitano over resignation reports: press

ROME - European Central Bank President Mario Draghi phoned Italian President Giorgio Napolitano after media reports that the 87-year-old head of state was planning to resign early to clear the way for new elections, newspapers reported on Sunday.

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Found more than 1 month ago on channel Reuters

Exclusive: Draghi lectures euro zone leaders about labor costs

BRUSSELS - European Central Bank President Mario Draghi gave EU leaders a crash course in macroeconomics late on Thursday, emphasizing his concerns about low productivity and high labor costs hurting the euro zone's prospects, officials said.

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Found more than 1 month ago on channel Reuters