Japanese markets closed higher Wednesday, while the U.S. dollar is lower against the Japanese yen. Tokyo’s Nikkei index gained just over two percent to finish at 8,763. In currency trading, the dollar was selling at 77.19 yen, a loss of nearly half a yen from Tuesday. Gold is trading at $1,840.53 an ounce.
Positive Turnaround for Japan’s Nikkei
Positive Turnaround for Japan’s Nikkei
Japanese markets closed higher Wednesday, while the U.S. dollar is lower against the Japanese yen. Tokyo’s Nikkei index gained just over two percent to finish at 8,763. In currency trading, the dollar was selling at 77.32 yen, a loss of more than one-quarter of a yen from Tuesday. The Taipei market closed out the day’s […]
US Stocks Fall On Recession Fears, Concerns Over Europe’s Economy
U.S. stock indexes fell again Tuesday on investor fears about another U.S. recession and Europe’s troubled economy. The Dow Jones Industrial Average dropped 1 percent to close at 11,139. The S&P 500 was down three-quarters of a percent at 1,165. The technology-laden NASDAQ composite index was off one-fourth of a percent to close at 2,474. […]
Swiss Cap Franc’s Value Against Euro
Switzerland is moving to protect its exporters hurt by Europe’s financial crisis, putting a cap on the franc’s exchange rate against the euro. With world stock markets experiencing huge swings in value on an almost daily basis, some investors have turned to gold and purchase of the Swiss currency as safe havens from the market […]
US Stocks Fall Sharply in Midday Trading Tuesday
U.S. stock indexes fell sharply in midday trading Tuesday, as concern grew about a stagnant economy in the United States and government debt in Europe. The Dow Jones Industrial Average of 30 key stocks is off 1.9 percent, while the broader S&P 500 index is down 1.8 percent. The technology-laden NASDAQ is down 1.7 percent. […]
US Stocks Fall Sharply in Early Trading Tuesday
U.S. stock indexes fell sharply in early trading Tuesday, as concern grew about a stagnant economy in the United States and government debt in Europe. The Dow Jones Industrial Average of 30 key stocks and the broader S&P 500 index are both off 2.1 percent, while the technology-laden NASDAQ is off 1.8 percent. Stocks are […]
Swiss Cap Franc’s Value Against Euro
Switzerland is moving to protect its exporters hurt by Europe’s financial crisis, putting a cap on the franc’s exchange rate against the euro. With world stock markets experiencing huge swings in value on an almost daily basis, some investors have turned to gold and purchase of the Swiss currency as safe havens from the market […]
European Stocks Higher in Midday Trading
European stock prices are higher in midday trading Tuesday, after closing sharply lower on Monday. London’s Financial Times index is up one percent. The CAC-40 in Paris is up four-tenths of one percent, and the DAX index in Frankfurt is up nearly seven-tenths of one percent. In New York, the S&P futures contract is down […]
Global Markets Unsettled for Second Day
European stock prices rebounded some Tuesday from the previous day’s steep losses but Asian markets continued their slide, driven by fears of slowing growth in the United States and the sovereign debt crisis in Europe. Japan’s closely watched Nikkei index closed down by 2.2 percent, at its lowest level since April 2009, while similar losses […]
Japan’s Nikkei Plummets
Japanese markets closed lower Tuesday, while the U.S. dollar is trading higher against the Japanese yen. Tokyo’s Nikkei index lost nearly two and one-quarter percent to finish at 8,591. The dollar was selling at 77.20 yen, a gain of more than one-quarter of a yen from Monday. Gold is trading at $1,893.85 an ounce.