U.S. stock indexes advanced modestly Friday, a day after markets plunged. The Dow Jones Industrial Average rose four-tenths of percent to end at 10,771. The S&P 500 jumped six-tenths of a percent to hit 1,136 while the NASDAQ rose 1.1 percent to close at 2,483. European stock markets closed higher. London’s Financial Times 100 index […]
US Stocks Advance Slightly in Midday Trading Friday
Posted September 23rd, 2011 at 4:36 pm (UTC-5)
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IMF: Economy Hit By Crisis of Confidence
Posted September 23rd, 2011 at 4:05 pm (UTC-5)
The head of the International Monetary Fund says the global economy is in the grip of a “crisis of confidence” and urged nations to move quickly and act together to solve problems. IMF Managing Director Christine Lagarde spoke Friday, as finance ministers and central bankers from around the world gathered in Washington for talks with […]
US Stocks Advance Slightly in Midday Trading Friday
Posted September 23rd, 2011 at 12:45 pm (UTC-5)
U.S. stock indexes advanced modestly in midday trading Friday, a day after markets plunged. The Dow Jones Industrial Average is up two-tenths of one percent, while the S&P 500 is ahead seven-tenths of a percent. The NASDAQ is up one percent. European stock markets closed higher. London’s Financial Times 100 index climbed one-half of one […]
US, European Stock Markets End Their Freefall
Posted September 23rd, 2011 at 12:26 pm (UTC-5)
U.S. and European stock markets steadied themselves Friday, advancing slightly the day after sustaining massive losses spawned by fears the world is headed into another recession. Finance officials from 20 of the world’s emerging and wealthy nations pledged to launch a coordinated effort to bolster the struggling global economy. Investors have watched as $3.4 trillion […]
US Stocks Fall Slightly in Early Friday Trading
Posted September 23rd, 2011 at 10:20 am (UTC-5)
U.S. stock indexes dropped slightly in early trading Friday, a day after markets plunged. The Dow Jones Industrial Average is off three-tenths of one percent, while both the S&P 500 and the NASDAQ are down one-tenth of a percent. European stock markets are lower in afternoon trading. London’s Financial Times 100 index is off four-tenths […]
Global Stock Markets Retreating More on Friday
Posted September 23rd, 2011 at 9:50 am (UTC-5)
Asian and European stock markets plummeted again on Friday as investors feared the world is headed into another recession. Finance officials from 20 of the world’s emerging and wealthy nations pledged to launch a coordinated effort to bolster the struggling global economy. But that did little to calm the worries of investors who have watched […]
European Markets Lower at Midday
Posted September 23rd, 2011 at 7:00 am (UTC-5)
European stock markets were lower in midday trading Friday. London’s Financial Times 100 index was down nine-tenths of a percent , to 4,995. The CAC-40 in Paris dropped 1.39 percent , to 2,743. And the DAX in Frankfurt fell 1.71 percent , at 5,076. The S&P futures contract was down 10 points, indicating a lower […]
Tokyo Markets Closed, Dollar Up
Posted September 23rd, 2011 at 5:11 am (UTC-5)
Japanese markets were closed Friday for a national holiday , while the dollar rose against the yen. In currency trading, the dollar was selling at 76.27 yen, up slightly from late Thursday. Gold was trading at $1,736.45 an ounce.
G20 Pledges Cooperation Against World Economy’s Latest Struggles
Posted September 23rd, 2011 at 4:10 am (UTC-5)
Finance officials from the world’s 20 emerging and wealthy nations have pledged to launch a coordinated response to bolster the struggling global economy. The finance ministers and central bankers issued a statement late Thursday in Washington after global stock markets plunged earlier in the day, amid new worries the world economy is teetering towards another […]
Tokyo Markets Closed, Dollar Up
Posted September 23rd, 2011 at 2:22 am (UTC-5)
Japanese markets were closed Friday for a national holiday , while the dollar rose against the yen. In currency trading, the dollar was selling at 76.29 yen, up slightly from late Thursday. The Taipei market plunged 3.55 percent , to close at 7,046.
