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European stocks dropped as investors awaited the American payrolls report today and elections in France, Greece, Italy and Germany this weekend. U.S. index futures were little changed, while Asian shares fell. Royal DSM NA, the world’s largest maker of vitamins, declined 2.1 percent after Bank of America Corp. downgraded its recommendation for the stock. Rio [...]

The global economy is set to expand by a modest 3.3 percent this year as a still-smoldering euro zone debt crisis and a relatively slow U.S. recovery continue to leave Asia as the main driver of growth, Reuters polls showed on Thursday. Asian economies, as well as Latin America, are expected to pick up the [...]

The upcoming U.S. earnings season is likely to be better than expected for major U.S. corporates, investor and strategist Dennis Gartman told CNBC Tuesday. “Are we going to see 5-10 percent growth in earnings by almost all of the S&P 500 [.SPX 1361.39 -20.81 (-1.51%) ]? Probably,” Gartman, the author of The Gartman Letter, said. [...]

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Stocks (SXXP) fell, U.S. index futures reversed earlier gains and the yen strengthened as earnings missed estimates and Standard & Poor’s said Greece may have to restructure its debt again. Spanish and Italian bonds dropped. The Stoxx Europe 600 Index (SXXP) lost 0.8 percent at 7:25 a.m. in New York. S&P 500 Index futures slipped [...]

Oil prices are poised to gain for the third straight week, undermining global equity market sentiment and threatening the fragile economic recovery, CNBC’s weekly survey of market sentiment showed. A CNBC poll of analysts and traders showed 12 out of 16 respondents, or 75 percent, expect oil prices to rise this week. Three believe prices [...]

Germany was left to dig deeper to combat the euro-area debt crisis after the Group of 20 nations told Europe to come up with more financial firepower before they consider lending outside support. The decision by G-20 officials to rebuff European calls for assistance in their crisis-fighting effort pending an increase in its own financial [...]

Euro zone governments are looking to the European Central Bank and national central banks to help pare back the cost of a second rescue package for Greece which would otherwise amount to 170 billion euros ($224.2 billion). Figures seen by the Financial Times reveal Greece needs 136 billion euros in fresh bail-out funding from the [...]

Federal Reserve Chairman Ben Bernanke on Tuesday renewed a pledge to prevent Europe’s financial crisis from damaging the U.S. economy in testimony before Congress that mirrored remarks he made last week. “We are in frequent contact with European authorities, and we will continue to monitor the situation closely and take every available step to protect [...]