PSI

Late on June 28, European leaders announced that they had agreed to recapitalize Spanish banks without adding more debt to the Spanish government's balance sheet. Subsequently, Spanish bonds rallied and yields fell. However, the market impact of this bailout has just run out. Spanish 10-year...

Just now, at 3pm ET, the window for private sector creditors to agree to the Greek debt-swap deal closed. Speculation in the markets is that Greece was able to clear the 75% threshold, and may even have gotten past the 90% threshold. This is important, because without getting a participation rate...

European markets are now closed. Stock markets across Europe performed as follows: The UK FTSE rose 0.3%. The German DAX added 0.8%. The French CAC gained 0.8%. The Spanish IBEX tacked on 1.2%. The Portuguese PSI jumped 0.8%. Positive economic data out of the U.S. and M&A activity in the auto...

European markets are now closed. Stock markets across Europe performed as follows: The U.K. FTSE finished down 0.03%. The German DAX closed up 0.05%. The French CAC slipped 0.5%. The Spanish IBEX dropped 0.8%. The Portuguese PSI tumbled 1.5%. Investors continued to dump stocks and the euro on...

European markets are now closed. Stock markets across Europe performed as follows: The UK FTSE lost 0.4% The German DAX dipped 0.1% The French CAC shed 0.1% The Spanish IBEX tumbled 1.3% The Portuguese PSI fell 0.5% The euro is lower by 0.9% to $1.3925 against the dollar.

European markets are now closed. Stock markets across Europe performed as follows: The U.K. FTSE shed 0.6%. The German DAX lost 0.6%. The French CAC dropped 1.1%. The Spanish IBEX fell 1.4%. The Portuguese PSI tumbled 0.6%. The euro is lower by 1.17% against the greenback to $1.2722.

European markets are now closed. Stocks markets across Europe performed as follows: The U.K. FTSE surged 2.7%. The German DAX gained 2.7%. The French CAC soared 3.8%. The Spanish IBEX rose 3.5%. The Portuguese PSI gained 1.0%. The euro is currently up 0.91% against the dollar to 1.28. Get trading...

European markets are now closed. Stock markets across Europe performed as follows: The U.K. FTSE fell 0.9%. The German DAX shed 0.6%. The French CAC lost 1.2%. The Spanish IBEX dropped 1.6%. The Portuguese PSI tumbled 0.9%. European shares were weak after Standard & Poor's cut Ireland's credit...

European markets are now closed. Stock markets across Europe performed as follows: The U.K. FTSE fell 0.1%. The German DAX was flat. The French CAC fell 0.4%. The Spanish IBEX fell 0.4%. The Portuguese PSI was flat. The euro is higher versus the dollar by 0.63% to 1.2836. The euro fell almost 4%...

European markets are now closed. Stock markets across Europe performed as follows: The U.K. FTSE shed 0.6%. The German DAX lost 1.0%. The French CAC dropped 1.2%. The Spanish IBEX slipped 0.9%. The Portuguese PSI fell 0.6%. The euro is down against the dollar by roughly 1% to 1.3092.

European markets are now closed. Stock markets across Europe performed as follows: The U.K. FTSE rose 0.54%. The German DAX gained 0.49%. The French CAC added 0.46%. The Spanish IBEX tacked on 0.46%. The Portuguese PSI lost 1.7% In European news, Greece passed major changes in its pension system...

European markets are now closed. Stock markets across Europe performed as follows: The U.K. FTSE surged 2.9%. The German DAX gained 2.15%. The French CAC rose 2.7%. The Spanish IBEX jumped 3.5%. The Portuguese IBEX added 0.46%. The euro is up nearly 1% against the greenback and is currently trading...

European markets are now closed. Stock markets across Europe performed as follows: The U.K. FTSE rose 0.7%. The German DAX dropped 0.4%. The French CAC added 0.3%. The Spanish IBEX tacked on 0.8%. The Portuguese PSI gained 0.8%. The euro is higher against the dollar today after the worse-than-...

European markets are now closed. Stock markets across Europe performed as follows: The U.K. FTSE shed 2.3%. The German DAX fell 1.8%. The French CAC tumbled 3.0%. The Spanish IBEX lost 0.9%. The Portuguese PSI dropped 0.7%. The euro is higher by 1.68% against the dollar to 1.2438 on concerns that...

European markets are now closed. Stock markets across Europe performed as follows: The U.K. FTSE gained 0.1%. The German DAX rose 0.1%. The French CAC added 0.3%. The Spanish IBEX tacked on 1.1%. The Portuguese PSI rose 0.4%. The euro gained today after banks borrowed less-than-expected from the...