Analytics, News, and Forecasts for CFD Markets: stock news — 11-02-2015.

Stock indices traded closed lower ahead Eurozone's finance ministers meetings. The euro group of finance ministers will meet in Brussels later in the day. Greece's Finance Minister Yanis Varoufakis is expected to present new reform proposals.

Investors speculate that the European Commission could extend Greece's existing bailout program. Greece's bailout expires at the end of this month.

But German Finance Minister Wolfgang Schaeuble said today that there are no plans for a new agreement.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,818.17 -10.95 -0.16 %

DAX 10,752.11 -1.72 -0.02 %

CAC 40 4,679.38 -16.27 -0.35 %

Greece's deputy foreign minister Nikos Chountis said on Tuesday that Russia and China had already offered financial support to Greece.

Russia's Finance Minister Anton Siluanov said that Russia hasn't received a request for help from Greece. He noted that Russia could only provide Greece with rubles.

U.S. stock-index futures are mixed as investors await the outcome of a meeting between Greece and its creditors.

Global markets:

Nikkei 17,652.68 -59.25 -0.33%

Hang Seng 24,315.02 -213.08 -0.87%

Shanghai Composite 3,158.08 +16.48 +0.52%

FTSE 6,793.08 -36.04 -0.53%

CAC 4,674.29 -21.36 -0.45%

DAX 10,751 -2.83 -0.03%

Crude oil $49.58 (-0.90%)

Gold $1234.40 (+0.17%)

Upgrades:

Downgrades:

Wal-Mart (WMT) downgraded to Neutral from Overweight at HSBC Securities

Other:

PepsiCo (PEP) earned $1.12 per share in the fourth quarter, beating analysts' estimate of $1.08. Revenue in the fourth quarter decreased 0.8% year-over-year to $19.95 billion, but exceeding analysts' estimate of $19.66 billion.

The company announced a 7.3% rise in its annualized dividend to $2.81 per share from $2.62 per share.

PepsiCo (PEP) shares increased to $100.63 (+2.69%) prior to the opening bell.

European stocks and the euro are trading lower as investors focus on Greece and the Emergency Euro Zone Meetings. Today Finance Ministers meet and tomorrow European Union Leaders. Over the weekend Greek Prime Minister Alexis Tsirpas had ruled out any extension of the international bailout and reaffirmed that he will stick to his pre-election pledges to roll back austerity measures.

Yesterday Prime Minister Alexis Tsipras won a confidence vote in Greek Parliament on his plan to cancel the international bailout. Hopes for a compromise in Greek debt negotiations lend support to the markets. Reports state that the European Commission could propose a six-month extension to the bailout program. Greece seeks to get a 10 billion euro bridging plan in order to buy time and to avoid a funding crunch but according to German Finance Minister Schäuble there are no plans to give the country more time.

The ongoing crisis in Ukraine further weigh on markets as peace-talks are taking place between Russia, Ukraine, France and Germany in Belarus.

The FTSE 100 index is currently trading -0.42% quoted at 6,800.29 points. Germany's DAX 30 lost -0.42% trading at 10,708.85. France's CAC 40 is currently trading at 4,660.88 points, -0.74%.

European stocks are little changed in early trading as investors focus on Greece and the Emergency Euro Zone Meetings. Over the weekend Greek Prime Minister Alexis Tsirpas had ruled out any extension of the international bailout and reaffirmed that he will stick to his plan to roll back austerity measures.

Yesterday Prime Minister Alexis Tsipras won a confidence vote in Greek Parliament on his plan to cancel the international bailout. Hopes for a compromise in Greek debt negotiations lend support to the markets. Reports state that the European Commission could propose a six-month extension to the bailout program. Greece seeks to get a 10 billion euro bridging plan in order to buy time and to avoid a funding crunch but according to German Finance Minister Schäuble there are no plans to give the country more time.

The FTSE 100 index is currently trading -0.02% quoted at 6,827.46 points. Germany's DAX 30 rose +0.07% trading at 10,761.59. France's CAC 40 lost -0.42%, currently trading at 4,676.05 points.

U.S. markets booked gains on Tuesday after Job openings climbed to 5.028 million in December from 4.847 million in November. That was the highest level since January 2001. November's figure was revised down from 4.972 million. Analysts had expected job openings to rise to 4.992 million. Wholesale inventories in the U.S. rose 0.1% in December, missing expectations for a 0.2% increase, after a 0.8% gain in November. The Federal Reserve Bank of Richmond President Jeffrey Lacker said on Tuesday that interest rate hike in June is "the attractive option" for him.

Hopes for a compromise in Greek debt negotiations lend support to the markets. Greece seeks to get a 10 billion euro bridging plan in order to buy time and to avoid a funding crunch but according to German Finance Minister Schäuble there are no plans to give the country more time.

The DOW JONES index added +0.79% closing at 17,868.76 points. The S&P 500 gained +1.07% with a final quote of 2,068.59 points with Apple up 1.9%. Apple is the first company worth more than USD700 billion.

Yesterday weak inflation data from China fuelled expectations on further monetary easing by the People's Bank of China to boost the world's second largest economy. China's consumer inflation hit a five-year low and factory deflation deepened. The Chinese PPI declined more-than-expected by -4.3% in January. CPI for January came in at +0.8%, lower than the estimated +1.1% further slowing compared to +1.5% in December. Hong Kong's Hang Seng is trading -0.71% at 24,355.16 points. China's Shanghai Composite closed at 3,158.27 points +0.52%. Markets await data on money supply and social financing due today at no fixed time.

Japanese markets are closed today for a public holiday. Yesterday Japan's Nikkei lost, closing -0.36% with a final quote of 17,652.68 points reversing some of its early losses. Concerns over Greece's bailout and its consequences for the whole Eurozone weighed on the index.