Latest fromNew York Stock Exchange

World shares stay firm on Greece optimism
The tone on Wall Street and Europe's equity markets remained positive overnight amid optimism the EU is making progress in its efforts to avert a Greek default.

World markets slump on economy, oil news
World markets fell overnight, pulled down by poor economic news and the surprise announcement that the International Energy Agency would release oil from strategic reserves.

Fed outlook for US economy lacks lustre
Federal chairman Ben Bernanke has provided investors with little incentive to commit fresh funds to Wall Street as the central bank cut its US economic growth forecast for 2011.

US$600m payday for Silicon Valley veteran
Silicon Valley is where the young and thin dream of making millions on the next hot tech startup. Reid Hoffman is portly, "old" and far more successful than most can ever hope to be.

NASDAQ bid for NYSE shattered by competition authority
NASDAQ's dream of buying its bigger, older and more famous rival, the New York Stock Exchange, has been shattered

World equities recover with commodities
Stocks on Wall Street recovered overnight as a rebound in prices of raw materials bolstered commodity producers.

Risk trade unwinds as Wall St falls
Disappointing US economic data prompted a selloff in oil overnight, which dropped more than 8 per cent. Stocks on Wall Street fell, with losses accelerating towards the close.

Commodity falls weigh on world share markets
Declines in commodities such as gold, silver and oil dragged stocks lower on world markets overnight.