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Wall Street higher but Facebook weighs
May 29th, 2012
NEW YORK (Reuters) - Wall Street rose on Tuesday on renewed hopes Greece will stay in the euro zone, but indexes cut gains in half as Facebook hit a new low. Greek election polls pointed to support for pro-bailout parties in June 17's elections, helping to calm fears Greece would leave the euro zone and threaten more turmoil in the financial system. Facebook Inc shares hit a new low of $29.23, with losses accelerating after falling through the $30 per share barrier. The stock fell on talk Facebook was in discussions to buy Oslo-based Opera Software . ... (Source: Reuters) -
WASHINGTON (AP) - The director of the National Security Agency said Tuesday the government's sweeping surveillance programs have foiled some 50 terrorist plots worldwide, including one directed at the New York Stock Exchange, in a forceful defense of spy operations that was echoed by the leaders of the House Intelligence Committee. (Source: As... [Full Article]
Enormous demonstrations have shaken cities across this continent-sized country, and more were expected Tuesday in some of the largest outpourings of frustration in decades over red tape, high prices and ... (Source: Associated Press)... [Full Article]
NEW YORK (AP) - The stock market is closing higher as investors anticipate that the Federal Reserve will keep programs to support the U.S. economy in place. (Source: Associated Press)... [Full Article]
By Jennifer Saba (Reuters) - Facebook Inc said on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue growth. A vast majority of those advertisers are small business owners who have flocked to the world's No. 1 social network. Face... [Full Article]
LONDON (AP) - Disappointment that the Bank of Japan did not unveil more measures to boost the economy as well as uncertainty over the course of U.S. monetary policy weighed hard on global markets Tuesday. (Source: Associated Press)... [Full Article]
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