World stocks rise this week on earnings and Fed

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Source: Reuters
Stocks around the world slowed on Friday, but are still heading towards a forth consecutive week of gains after better-than-expected earnings announcements and Fed's comments on its stimulus. The FTSE Eurofirst 300 index dropped 0.3%, but was poised for a rise this week. The same was true for MSCI's 45-country all world index.
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Fri, 19 Jul 2013 09:52:07 GMT

U.K. stocks drop on earnings data

Stocks in the U.K. declined after worse-than-expected earnings from Microsoft and Google, decreasing fourth consecutive weekly gain. The FTSE 100 dropped 0.4% to 6,607.19 so far today, however, the index is still poised for a 1% rise this week. The FTSE All-Share Index and ISEQ Index lost 0.4% and 0.5% respectively.

Fri, 19 Jul 2013 09:30:04 GMT

Moody's improves U.S. debt's outlook to stable

Moody's Investors Service improved the outlook for the U.S. credit rating to stable as there has been economic growth in the U.S. and the budget deficit has narrowed. The federal deficit is estimated to drop to 4% of U.S. GDP this year, for comparison, it was 7% previous year, according to Congressional Budget Office. The deficit has reached $509.8 billion

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