Afternoon markets traded mostly sideways at the plus 1 percent level on low to moderate volume levels. Short term indicators are 30% bullish, but that could change overnight. Savvy investors still concerned to what will happen if the Greeks go belly up. International News will move the markets over the next several sessions, volatility expected.
Liberal use of 'Hopium' is on the rise again as 'Sheeples' 'hope' the Greeks and the EU will just go away.
PARIS (Reuters) - Airbus won the Paris Airshow with a last-minute $14 billion deal to sell 110 jets to Hungary's Wizz Air on Thursday, diverting attention from a growing industry debate over how quickly a record backlog of jet orders can be built.
ATHENS/LUXEMBOURG (Reuters) - Euro zone leaders will hold an emergency summit on Monday to try to avert a Greek default after bank withdrawals accelerated and government revenue slumped as Athens and its international creditors remain deadlocked over a debt deal.
NEW YORK (Reuters) - Oil prices settled up for a third straight day on Thursday, boosted by a slipping dollar and reports that data showed a draw in crude this week at Cushing, Oklahoma, the delivery point for U.S. crude futures.
Moody's Investors Service's move last month to downgrade Chicago's credit rating to junk status highlights a tough new stance from the firm. Chicago's mayor has called the move irresponsible; other municipalities are also dropping Moody's.
MILAN (Reuters) - General Motors seeking advice from investment banks shows it is taking an attempt by Fiat Chrysler Automobiles (FCA) to force a merger with its larger U.S. rival seriously, analysts and traders said.
The Securities and Exchange Commission today announced enforcement actions against 36 municipal underwriting firms for violations in municipal bond offerings. The cases are the first brought against underwriters under the Municipalities Continuing Disclosure Cooperation (MCDC) Initiative, a voluntary self-reporting program targeting material misstatements and omissions in municipal bond offering documents.
NEW YORK (Reuters) - Out-of-favor networking and data centers look attractive as the Nasdaq Composite index breaks new records, said Kevin Landis, whose $133.4 million Firsthand Technology Opportunities fund is the top performing U.S. tech fund this year.
SAN FRANCISCO/WASHINGTON (Reuters) - The question of how quickly the Federal Reserve should raise rates is dividing normally like-minded policymakers at the U.S. central bank, pitting those who favor two hikes this year against a growing number of those who want to stop at just one.
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