US sharemarkets fell in early trade but recovered over the morning session before travelling sideways in afternoon trade. Investors dissected the economic growth figures and the flow of earnings results.

The US Federal Reserve kept interest rates on hold, but left the door open for a rate hike later this year. The two conditions that the Fed would require to raise rates were on track to be met – inflation and jobs.

US sharemarkets rallied on Tuesday as the stabilisation in Chinese markets allowed investors to shift focus to US corporate earnings. Pfizer rose 2.7% after the drug maker beat expectations on a lift in vaccine sales.

Fears of a further rout on Chinese stock markets overshadowed earnings results, after the Shanghai composite index fell 8% – its biggest one-day loss in eight years. US sharemarkets fell on Monday.

US sharemarkets fell on Friday. Investors reacted to weaker economic data in Europe and China. And investors have been disappointed so far by revenue estimates of the US companies reporting earnings results.

US sharemarkets fell on Thursday as poor earnings results and downbeat forecasts gave investors a reason to sell equities. Caterpillar reported sales declines in key markets its shares fell 3.6%. Nine of the ten major S&P sectors were lower.

US sharemarkets fell on Wednesday dragged lower by the technology sector. Apple shares fell by 4.6% a day after the company reported results. Microsoft lost 4.2% after demand fell for its Windows operating system and writing down its Nokia business.

US sharemarkets fell on Tuesday with weaker earnings from IBM and United Technologies dragging indices lower. Shares in IBM fell by 5.9% after data showed that sales fell for the 13th straight quarter.

US sharemarkets rallied on Monday as better-than-expected corporate earnings boosted sentiment. The tech-heavy Nasdaq hit a record intra-day high for the third straight session.

US sharemarkets were mixed on Friday. Shares In Boeing lost 1.1%, weighing on the Dow Jones index. But shares in Google rose by 16.3% after reporting solid advertising revenue growth. And shares in Facebook rose by 4.5% to record highs.

The European Central Bank has announced that its 60 billion euros per month asset purchase programme will continue until September 2016 or until its inflation rate hits its target levels.

US sharemarkets eased modestly on Wednesday. Traders mulled testimony from the Federal Reserve chief and economic data and awaited the vote by the Greek Parliament on the bailout package. The Dow Jones fell by 3 points.

Iran and six world powers have reached an agreement on the former’s nuclear ambitions. But the deal needs to be passed by the US congress and sanctions on Iranian oil exports won’t be immediately lifted.

Leaders of the 19 nation euro zone have agreed on a bailout package with the Greek government. The Greek Parliament must now pass the package of proposals by July 15 in return for €86 billion in bailout funds.

The Greek Parliament has approved substantial economic reform measures. The leaders of the 19 nation euro zone are now debating a draft proposal from the Eurogroup.

US sharemarkets rose on Thursday, but finished well off the day’s highs. Investors were encouraged by the bounce of Chinese shares but continued to monitor the newsflow of the Greek debt crisis. The Greek Government is expected to send new reform.

The ASX 200 is up 0.8 percent, with every sector trading higher on hopes Greece’s creditors will accept its new bailout proposal.

US sharemarkets were sharply lower on Wednesday, as the rout on Chinese stocks markets hurt sentiment. A trading glitch on the NYSE resulted in a three-hour halt to trading and added further to the uncertainty.

US sharemarkets closed higher in a volatile session on Tuesday. The rebounded in oil prices supported energy shares. The S&P Energy index reversed course to trade up 1.1%.

European shares fell on Monday as investors debated what comes next for Greece after the “No” vote in the referendum on bailout conditions.

With around 60% of the referendum results to hand, official projections show the Greek people rejecting the bailout conditions with the ‘no’ vote achieving around 61%.

US sharemarkets followed Asian and European markets higher on Wednesday. There was hope for resolution of the Greek debt crisis while investors were encouraged by better-than-expected economic data.

Euro shares fell again investors worried about consequences if Greece miss its IMF debt repayment.

European Union and International Monetary Fund officials have indicated that Greece will be in arrears if the IMF payment is not made on June 30.

The Greek Parliament has agreed to referendum on July 5 to approve latest bailout proposals from key creditors. Greece is now likely to default on debt payments scheduled for June 30.

There was no debt deal for Greece overnight with talks to continue into Saturday.

European shares fell on Wednesday as Greece continued to talk with creditors on its debt situation.

US sharemarkets posted modest gains on Tuesday. Traders dissected economic data, news on Greece, merger and acquisition speculation and comments from a Federal Reserve Governor.

European leaders and creditors have welcomed new proposals from the Greek Government that include higher taxes and moves to curtail early retirement.

European shares were mixed on Friday. Investors continued to watch progress on Greek debt negotiations. European leaders are scheduled to hold an emergency summit on Monday to discuss Greek debt proposals

US sharemarkets rose on Thursday. Traders were encouraged that the Federal Reserve suggested a slower trajectory of rate hikes over the next year. Economic data was stronger than expected.

US sharemarkets rose modestly on Wednesday. Investors digested the Federal Reserve decision and comments made by Fed chief Janet Yellen at the press conference.

US sharemarkets ended firmer on Tuesday. Traders awaited the Federal Reserve meeting decision on Wednesday and monitored progress on talks between Greece and its creditors.

European shares fell again on Monday on the lack of progress on Greek debt negotiations. The FTSEurofirst 300 fell by 1.6% with the German Dax down by 1.9% while the UK FTSE fell by 1.1%.

Greece once again did not agree to a new deal- markets ended down

US sharemarkets rose again on Thursday. Investors were encouraging by the latest retail sales figures. Utilities lifted in response to lower bond yields. But ongoing uncertainty about Greek debt negotiations trimmed market gains.

US sharemarkets posted solid gains on Wednesday after four days of declines. Bargain hunters finally held the upper hand, although bond yields continued to rise. Hopes of a Greek debt deal added to the upward momentum.

US sharemarkets ended modestly lower on Tuesday. After three days of declines, bargain hunters were active. But other investors fretted about firm economic data and the prospect of the Federal Reserve lifting interest rates in September.

US sharemarkets fell on Monday with the Dow Jones wiping out its gains of 2015. The threat over the likelihood of US rate hikes and a Greek default weighed on investors.

US sharemarkets fell on Thursday, with investors cautious ahead of the US non-farm payrolls data release on Friday. The uncertainty over Greece weighed on markets. The S&P materials index led the declines down 1.3%.