Stocks End Flat as Rebound Hindered By Global Economic Jitters, Shelved M&A Deals

By
A A A

Stocks mostly squeezed out cautious gains on Wednesday as recent economic developments in Europe, shelved M&A deals, and lingering risk-aversion among global investors stifled the rebound after Tuesday's sell-off. Weak economic data, namely a huge drop in German factory orders and a surprise contraction in Italian GDP, weighed on U.S. equity futures and resulted in a lower open. Although stocks climbed to the plus column, gains were limited by lingering geo-political pressures and lost M&A deals between 21st Century Fox ( FOX ) and Time Warner ( TWX ), as well as Sprint's ( S ) pulled bid for T-Mobile ( TMUS ).




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.



This article appears in: Investing , Commodities

Referenced Stocks: FOX , TWX , S , TMUS

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Stocks

Referenced

Most Active by Volume

71,516,687
  • $15.31 ▼ 0.71%
70,751,657
  • $32 ▲ 6.38%
52,690,101
  • $15.98 ▼ 0.19%
42,003,007
  • $8.57 ▲ 4.51%
38,202,273
  • $123.25 ▼ 0.80%
33,193,564
  • $40.97 ▼ 0.58%
31,456,406
  • $105.52 ▲ 0.40%
30,445,885
  • $5.67 ▼ 4.55%
As of 3/27/2015, 04:15 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com