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| Currencies: Dollar edges up as investors keep eye on Greece Thu, 17 May 2012 10:59:14 GMT The U.S. dollar index edges higher in quiet trade, as markets consolidate with a wary eye on developments surrounding Greece.
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| Stocks to Watch: Stocks to watch Thursday: Boyd, HollyFrontier Thu, 17 May 2012 10:52:41 GMT A gambling acquisition and a batch of dividend increases will likely grab investors’ attention as they sort through the corporate headlines early Thursday.
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| Europe Markets: Europe stocks struggle, overshadowed by Greece Thu, 17 May 2012 10:48:02 GMT European stock markets pushed lower on Thursday amid a Spanish bond auction that showed rising borrowing costs, while persistent worries about Greece overshadowed the market, with banks out in front of the losses.
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| Indications: Stocks inch higher as Europe woes weigh Thu, 17 May 2012 10:25:22 GMT Economic data, Facebook buzz and Wal-Mart earnings could help U.S. markets buck recent weakness even as Greece worries mount.
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| London Markets: Vodafone, Standard Chartered lead FTSE 100 decline Thu, 17 May 2012 09:45:25 GMT Shares of Vodafone Group and Standard Chartered among the stocks pressing on the downside, as Greece worries continue to weigh on markets.
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| Spain clears bond sale, but borrowing costs up Thu, 17 May 2012 09:36:50 GMT Spain’s borrowing costs lurch again higher at a bond auction Thursday as mounting doubts over Greece’s future in the euro zone have spurred investor fears that other fiscally frail nations could be the next weak links in the currency bloc.
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| Asia Markets: Asia stocks mostly rebound after savage sell-off Thu, 17 May 2012 08:31:08 GMT Mainland Chinese and Taiwanese stocks lead most Asian markets higher on relief buying after a string of weak performances, although Hong Kong shares suffer a late retreat amid lingering worries over Greece.
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| Peter Brimelow: Is oil spoiled? Thu, 17 May 2012 07:58:47 GMT Energy bulls are reluctant to give demand, writes Peter Brimelow.
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| Corrections: European stocks uneasy as Greece focus remains Thu, 17 May 2012 07:16:23 GMT A MarketWatch article published May 16 incorrectly stated the first-quarter net profit fall for Banco Espirito Santo. The story has been corrected.
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| Europe Markets: European stocks uneasy as Greece focus remains Thu, 17 May 2012 07:15:05 GMT European stocks struggled on Wednesday to shake off the fallout from political impasse in Greece.
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| Word of the day |
Merriam-Webster's Word of the Day for May 17, 2012 is:
maffick • \MAF-ik\ • verb
: to celebrate with boisterous rejoicing and hilarious behavior
Examples:
Fans mafficked for hours outside the stadium, celebrating the team's dramatic victory in the division championship.
"In half an hour, after the mildest of mafficking, the last visitors of the exhibition's last day had gone out of the gates and the staff began their final acts of closing up shop." — From an article in The Guardian (London), October 1, 2011
Did you know?
"Maffick" is an alteration of Mafeking Night, the British celebration of the lifting of the siege of a British military outpost during the South African War at the town of Mafikeng (also spelled Mafeking) on May 17, 1900. The South African War was fought between the British and the Afrikaners, who were Dutch and Huguenot settlers originally called Boers, over the right to govern frontier territories. Though the war did not end until 1902, the lifting of the siege of Mafikeng was a significant victory for the British because they held out against a larger Afrikaner force for 217 days until reinforcements could arrive. The rejoicing in British cities on news of the rescue produced "maffick," a word that was popular for a while, especially in journalistic writing, but is now relatively uncommon.