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Wall Street Week Ahead: Correction talk gets old as rally sails along

NEW YORK - With the broad S&P 500 Index gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street's rally inevitably hitting a ceiling is starting to get old.

Recent Business News

Greece to sell Postbank, Proton in July, stress-test big banks

ATHENS - Greece's bank rescue fund will aim to sell Hellenic Postbank and Proton by mid-July with big banks continuing to absorb small lenders as part of plans to revive the battered sector, the country's foreign lenders said in an inspection review.

8:24am EDT

Tesco clothing brand plans international expansion

LONDON - The clothing brand sold by Britain's biggest retailer Tesco said on Sunday it planned to open more than 50 new franchise stores worldwide over the next five years.

8:21am EDT

German minister calls EU move on China solar 'grave mistake'

BERLIN - German Economy Minister Philipp Roesler said the European Commission made a "grave mistake" by agreeing to impose punitive import duties on solar panels from China and urged the Commission to work to prevent the eruption of a trade conflict.

8:44am EDT

Exclusive: South Africa's NUM seeks 15-60 percent wage rises from gold, coal producers

JOHANNESBURG - South Africa's National Union of Mineworkers said it would seek pay rises of up to 60 percent from gold and coal producers, raising the prospect of fresh strikes as firms battle higher costs and falling prices in an already heated labor climate.

9:16am EDT

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DOW 15,354.40 +121.18 +0.80%
S&P 500 1,667.47 +17.00 +1.03%
NASDAQ 3,498.97 +33.72 +0.97%
TR US Index 151.30 +1.53 +1.02%
EUR/USD 1.2840 +0.00%
GBP/USD 1.5166 +0.00%
USD/JPY 103.20 +0.00%
Gold 1,361.00 -22.20 -1.60%
Oil 96.02 +0.86 +0.90%
Corn 652.00 +11.25 +1.75%

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