A worldwide stock sell-off continued for a second day Tuesday, 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 were recorded elsewhere in Asia, with export-oriented manufacturers […]
Global Stock Sell-Off Continues Into Second Day
Posted September 6th, 2011 at 3:25 am (UTC-5)
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Japan’s Nikkei Plummets
Posted September 6th, 2011 at 2:35 am (UTC-5)
Japanese markets closed lower Tuesday, while the U.S. dollar is lower against the Japanese yen. Tokyo’s Nikkei index lost nearly two and one-quarter percent to finish at 8,591. In currency trading, the dollar was selling at 76.84 yen, a loss of a fraction of a yen from Monday. The Taipei market finished at 7,367, a […]
Global Stock Sell-Off Continues Into Second Day
Posted September 6th, 2011 at 12:05 am (UTC-5)
A worldwide stock sell-off continued for a second day in Asia Tuesday, driven by fears of slowing growth in the United States and the sovereign debt crisis in Europe. Stock indexes were down by more than 1 percent on most Asian markets at midday, with export-oriented manufacturers suffering some of the heaviest losses. Oil prices […]
Stock, Oil Prices Fall As Investors Worry About Growth
Posted September 5th, 2011 at 12:45 pm (UTC-5)
Stock markets declined sharply in Europe and Asia on Monday following disappointing economic reports in the United States and China, the world’s two largest economies. Several European stock indexes fell more than three percent, and the DAX in Germany plunged 5.3 percent by the close of trading. In Asia the closely-watched market in Hong Kong […]
European And Asian Stocks Fall Sharply
Posted September 5th, 2011 at 12:20 pm (UTC-5)
European stock markets closed sharply lower on Monday. London’s Financial Times 100 index lost 3.6 percent to end at 5,103. The CAC-40 in Paris fell 4.7 percent to finish at 3,000 and the DAX in Frankfurt plunged 5.3 percent to hit 5,246. Earlier in Asia, Tokyo’s Nikkei index dropped 1.9 percent to close at 8,784. […]
Stock, Oil Prices Fall As Investors Worry About Growth
Posted September 5th, 2011 at 11:20 am (UTC-5)
Stock markets declined in Europe and Asia on Monday following disappointing economic reports in the United States and China, the world’s two largest economies. Key European stock indexes plunged between three and five percent, while the closely-watched market in Hong Kong fell almost three percent. U.S. markets were closed for Monday’s Labor Day holiday, after […]
European And Asian Stocks Fall Sharply
Posted September 5th, 2011 at 11:15 am (UTC-5)
European stock markets were sharply lower in afternoon trading. London’s Financial Times 100 index lost 3.4 percent, the CAC-40 in Paris fell 4.5 percent, and the DAX in Frankfurt plunged 5.2 percent. Earlier in Asia, Tokyo’s Nikkei index dropped 1.9 percent to close at 8,784. Hong Kong’s Hang Seng index lost nearly three percent to […]
Stock, Oil Prices Fall As Investors Worry About Growth
Posted September 5th, 2011 at 9:20 am (UTC-5)
Stock markets declined in Europe and Asia on Monday following disappointing economic reports in the United States and China, the world’s two largest economies. A key European stock index was down as much as 3.8 percent, while the closely-watched market in Hong Kong fell almost three percent. U.S. markets were closed for Monday’s Labor Day […]
European Markets Sharply Lower at Midday
Posted September 5th, 2011 at 7:35 am (UTC-5)
European stock markets were sharply lower in midday trading Monday. London’s Financial Times 100 index was down 2.5 percent to 5,163. The CAC-40 in Paris plunged 4 percent to 3.024. And the DAX in Frankfurt lost 3.9 percent to hit 5,325. U.S. markets are closed for the Labor Day holiday. In Asia, Tokyo’s Nikkei index […]
Asian, European Markets Sink on Fears of US Recession
Posted September 5th, 2011 at 5:40 am (UTC-5)
Asian and European markets suffered heavy losses Monday as anxiety spreads about disappointing job creation figures from the United States. The downturn began in Asia, where South Korea’s main stock index lost almost 4.4 percent on the day. The pain continued when trading moved to Europe, where Paris and Frankfurt opened with losses of more […]
