U.S. stock indexes closed mixed Tuesday as investors wait for news about Greece and the results of the latest U.S. Federal Reserve meeting. The Dow Jones Industrial Average closed up nearly 8 points to 11,409 while the Standard & Poors-500 was down 2 points to 1,202. The technology-laden NASDAQ was off 22 points to 2,590. […]
US Stocks Advance in Midday Trading Tuesday
U.S. stock indexes moved up in midday trading Tuesday. The Dow Jones Industrial Average of 30 key stocks is ahead nine-tenths of one percent, while the broader S&P 500 is up one percent. The technology-laden NASDAQ is ahead by eight-tenths of a percent. European stock prices closed sharply higher. London’s Financial Times index ended up […]
US Stocks Open Lower on Tuesday
U.S. stock indexes slid in early trading Tuesday. The Dow Jones Industrial Average, the S&P 500 and the NASDAQ are all down about two-tenths of one percent. European stock prices moved higher in afternoon trading. London’s Financial Times index is up nine-tenths of a percent. The CAC-40 in Paris is ahead by six-tenths of a […]
European Stocks Higher in Midday Trading
European stock prices are higher in midday trading Tuesday. London’s Financial Times index is up well over one and one-quarter percent. The CAC-40 in Paris is just over one and one-quarter percent higher, and trading on the DAX index in Frankfurt is up more than two percent. In New York, the S&P futures contract is […]
Global Airlines Revise Profit Forecast Upward
A global aviation group has dramatically increased its estimate for worldwide airline profits this year, citing an increase in passenger demand. The International Air Transport Association said Tuesday it expects airlines to earn $6.9 billion in 2011, compared to an earlier estimate of just $4 billion. However it forecast earnings to fall back to $4.9 […]
Japan’s Nikkei Ends Trading Day with Losses
Japanese markets closed lower Tuesday, while the U.S. dollar is trading slightly lower against the Japanese yen. Tokyo’s Nikkei index lost well over one and one-half percent to finish at 8,721. The dollar was selling at 76.55 yen, a loss of a fraction of a yen from Monday. Gold is trading at $1790.64 an ounce.
Japan’s Nikkei Ends Trading Day with Losses
Japanese markets closed lower Tuesday, while the U.S. dollar is trading slightly lower against the Japanese yen. Tokyo’s Nikkei index lost well over one and one-half percent to finish at 8,721. The dollar was selling at 76.52 yen, a loss of a fraction of a yen from Monday. The Taipei market rose one-fourth of one […]
US Stocks Fall
U.S. and European stock markets dropped sharply Monday on fears of a Greek debt default. In the United States, the Dow Jones Industrial Average lost nine-tenths of a percent to end at 11,401. The S&P 500 slid one percent to 1,204, while the NASDAQ fell one-third of a percent to finish at 2,613. In Europe, […]
China, India to Spur Global Energy Demand Through 2035
A new U.S. report says that the global demand for energy will spike markedly in the next two decades, with China and India accounting for half of the growth. The U.S. Energy Department said Monday that the world energy demand will jump 53 percent by 2035, and that by then China and India combined will […]
US, European Markets Fall
U.S. and European stock markets dropped sharply Monday on fears of a Greek debt default. U.S. stocks traded lower at midday. Both the Dow Jones Industrial Average of 30 key stocks and the broader S&P 500 are off 1.8 percent. The technology-laden NASDAQ is down 1.2 percent. European stocks ended even lower. London’s Financial Times […]