Japanese share prices plunged Monday, while the dollar rose against the yen. Tokyo’s Nikkei index dropped nearly two percent , to close at 8,784. In currency trading, the dollar was selling at 76.84 yen, up a fraction from late Friday. Gold was trading at $1899.65 an ounce.
Asian Markets Sink on Fears of New US Recession
Asian markets suffered heavy losses Monday amid anxiety over disappointing job creation figures from the United States. South Korea’s main stock index was down by 4.39 percent at the close, while losses topped 2.3 percent in Australia and 1.8 percent in Japan. Hong Kong’s main index was down more than 2.5 percent in late trading. […]
Tokyo Stoks Plunge, Dollar Lower
Japanese share prices plunged Monday, while the dollar fell against the yen. Tokyo’s Nikkei index dropped nearly two percent , to close at 8,784. In currency trading, the dollar was selling at 76.74 yen, down a fraction from late Friday. The Taipei market lost 2.65 percent , to finish at 7,552.
Asian Markets Sink on Fears of New US Recession
Asian markets were down steeply in early trading Monday, with losses approaching 3 percent in South Korea and exceeding 2 percent in Hong Kong. Analysts said the sell-off came in reaction to Friday’s disappointing job creation figures from the United States. Asian companies that rely on export sales to the United States were especially hard […]
US Stocks Close Lower
U.S. stock indexes fell sharply Friday after the government reported that the American economy added no new jobs in August. The Dow Jones Industrial Average fell 2.2 percent to close at 11,240. The S&P 500 was down 2.5 percent to end at 1,174 and the Nasdaq composite index fell 2.6 percent to 2,480. European stocks […]
US Stocks Fall Sharply in Midday Trading Friday
U.S. stock indexes fell sharply in midday trading Friday after the government reported that the American economy added no new jobs in August. The Dow Jones Industrial Average of 30 key stocks is down 1.8 percent, while the broader S&P 500 is off 2.1 percent. The technology-laden NASDAQ is down 2.2 percent. European stocks fell […]
US Stocks Fall Sharply in Early Friday Trading
U.S. stock indexes fell sharply early Friday after the government reported that the American economy added no new jobs in August. The Dow Jones Industrial Average of 30 key stocks and the technology-laden NASDAQ are both off 2 percent. The broader S&P 500 is down 2.1 percent. Stocks were markedly lower in afternoon trading on […]
European Markets Lower in Midday Trading
European stock prices are lower in midday trading Friday. London’s Financial Times index is down one and one-half percent. The CAC-40 in Paris is down 2.3 percent, and trading on the DAX index in Frankfurt is down more than two and a half percent. In New York, the S&P futures contract is down 9 points, […]
Japan’s Nikkei Closes in Negative Territory
Japanese markets closed lower Friday, while the U.S. dollar is trading lower against the Japanese yen. Tokyo’s Nikkei index lost nearly one and one-quarter percent to finish at 8,951. In currency trading, the dollar was selling at 76.80 yen, a loss of just over one-tenth of a yen from Thursday. Gold is trading at $1,853.71 […]
Japan’s Nikkei Closes in Negative Territory
Japanese markets closed down Friday, while the U.S. dollar is trading slightly lower against the Japanese yen. Tokyo’s Nikkei index lost nearly one and one-quarter percent to finish at 8,951. The dollar was selling at 76.82 yen, a loss of one-tenth of a yen from Thursday. The Taipei market ended its session Friday at 7,757, […]