Stocks in Europe gave up their initial gains Monday, failing to continue a rally seen in Asia after pro-bailout parties won enough votes in Greece’s parliamentary elections to form a government. Greece’s stock exchange surged more than 7 percent at one point, but waned later, losing much of its early gain. Elsewhere in Europe, fears […]
European Stocks Fail to Sustain Rally After Greek Election
European Stocks Fail to Sustain Rally After Greek Election
Stocks in Europe gave up their initial gains Monday, failing to continue a rally seen in Asia after pro-bailout parties won enough votes in Greece’s parliamentary elections to form a government. Greece’s stock exchange was the exception, holding a 6-percent advance hours into trading. But elsewhere in Europe, fears about other struggling economies — especially […]
European Stocks Fail to Sustain Rally After Greek Election
Stocks in Europe gave up their initial gains Monday, failing to continue a rally seen in Asia after pro-bailout parties won enough votes in Greece’s parliament elections to form a government. Greece’s stock exchange was the exception, maintaining a 5-percent jump hours into trading. But elsewhere in Europe, fears about other struggling economies – including […]
World Markets Rally after Greek Election Results
Investors have pushed stock markets in Europe and Asia higher after pro-bailout parties won enough votes in Greece’s parliament elections to form a government. Greece’s stock exchange jumped more than 6 percent in early trading, while European markets were broadly up more than 1 percent. Japan’s Nikkei index finished the day up nearly 2 percent, […]
Asia Stocks Rally After Greek Election Results
Investors have pushed stock markets across Asia higher after pro-bailout parties won enough votes in Greece’s parliament elections to form a government. Japan’s Nikkei index rose nearly two percent in morning trading Monday, while Hong Kong’s Hang Seng was up more than 1.5 percent. The results in Greece also boosted the euro as concerns about […]
Market Euphoria Fades on Spanish Bank Rescue
The initial euphoria on world financial markets about Europe’s $125 billion bailout of Spanish banks faded quickly Monday as investors reconsidered terms of the rescue package. Stock indexes in Tokyo and Hong Kong surged more than 2 percent, and markets in London, Frankfurt and Paris moved up sharply in early trading. By the end of […]
Spanish Bank Rescue Euphoria Fades on World Markets
The initial euphoria on world financial markets about Europe’s $125 billion bailout of Spanish banks faded quickly Monday as investors reconsidered the terms of the rescue package. Stock indexes in Tokyo and Hong Kong surged more than 2 percent, and markets in London, Frankfurt and Paris followed suit with sharp gains in their first hours […]
World Markets Advance After Spanish Bank Rescue
Investors have pushed stock markets higher across Asia and Europe following an agreement by eurozone countries to provide up to $125 billion to rescue Spain’s ailing banks. Markets in Britain, Germany and France jumped about 2 percent in early trading Monday, although later edged off their high points. Shares in Spain — led by financial […]
World Markets Surge After Spanish Bank Rescue
Investors have pushed stock markets across Asia and Europe higher following an agreement by eurozone countries to provide up to $125 billion to rescue Spain’s ailing banks. Markets in Britain, Germany and France jumped about 2 percent in early trading Monday, although later edged off their high points. Shares in Spain — led by financial […]
World Markets Surge After Spanish Bank Rescue
Investors have pushed stock markets across Asia and Europe higher following an agreement by eurozone countries to provide up to $125 billion to rescue Spain’s ailing banks. Markets in Britain, Germany and France were all up about 2 percent in early trading Monday, while shares in Spain — led by financial stocks — surged nearly […]