U.S. stock markets made strong gains in early trading Thursday, rebounding from a sell-off in the previous session as a new economic data indicated U.S. companies are laying off fewer workers. The U.S. government said first-time claims for jobless benefits fell to a four-month low in the past week. It was the fewest number of […]
US Stocks Rebound, European Markets Fall Again
Posted August 11th, 2011 at 9:55 am (UTC-5)
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European Markets Fall Again on Banks/Debt Concerns
Posted August 11th, 2011 at 9:00 am (UTC-5)
European stock markets dropped again Thursday as investors sold bank shares because of concerns about the sector’s exposure to indebted European governments. Asian markets fell earlier in the day. U.S. stock futures were also lower, indicating a possible drop in share prices when the market opens. On Wednesday the U.S. markets saw another major sell-off, […]
European Stocks Mixed in Midday Trading
Posted August 11th, 2011 at 7:55 am (UTC-5)
European stock prices are mixed in midday trading Thursday. London’s Financial Times index is up just over one-quarter of one percent. The CAC-40 in Paris is down just over three-quarters of one percent, and trading on the DAX index in Frankfurt is virtually unchanged from Wednesday’s close. In New York, the S&P futures contract is […]
Europe Markets Rise Sharply After Asia Recoups Early Losses
Posted August 11th, 2011 at 6:10 am (UTC-5)
European markets opened their trading day in positive territory Thursday after more bad news about the global economy caused an up-and-down trading day in Asia. Japan’s main Nikkei index opened nearly two percent below Wednesday’s close, but recovered to end the day by losing about half of one percent. Hong Kong’s Hang Seng index was […]
Japan’s Nikkei Reverses to Negative Territory
Posted August 11th, 2011 at 5:20 am (UTC-5)
Japanese markets closed lower Thursday, while the U.S. dollar is higher against the Japanese yen. Tokyo’s Nikkei index dropped more than one-half of one percent to finish at 8,982. In currency trading, the dollar was selling at 76.55 yen, a loss of more than one-quarter of a yen from Wednesday. Gold is trading at $1,790.67 […]
Asian Stocks Claw Back From from Opening Bell Panic
Posted August 11th, 2011 at 3:20 am (UTC-5)
Asian markets endured another up and down trading day Thursday, as investors dealt with more bad news about the struggling global economy. Japan’s main Nikkei index opened nearly two percent below Wednesday’s close, but recovered to end the day down by more than half of one percent. Indexes in South Korea and Australia also rebounded […]
Japan’s Nikkei Reverses to Negative Territory
Posted August 11th, 2011 at 2:20 am (UTC-5)
Japanese markets closed lower Thursday, while the U.S. dollar is lower against the Japanese yen. Tokyo’s Nikkei index dropped more than one-half of one percent to finish at 8,982. In currency trading, the dollar was selling at 76.59 yen, a loss of just over one-quarter of a yen from Wednesday. The Taipei market finished at […]
Asian Stocks Open Lower After Bad Day on US and European Markets
Posted August 10th, 2011 at 9:00 pm (UTC-5)
Asian stocks opened lower after U.S. and European share prices dropped on news about sluggish global economies. Seoul’s KOSPI index opened 3 percent lower Thursday while Tokyo’s Nikkei was down nearly 2 percent. Sydney’s main indicator opened more than 1 percent lower. Concerns about weak U.S. economic growth and worries about European debt had sent […]
Global Stocks Drop Again After Rebound
Posted August 10th, 2011 at 4:55 pm (UTC-5)
Concerns about weak U.S. economic growth and worries about European debt sent stocks plunging on Wednesday. In New York, the Dow Jones Average fell almost 5 percent white the S&P and NASDAQ indexes also were down sharply — giving back all the gains from Tuesday’s recovery a Monday sell-off. Major European indexes in London, Paris, […]
European, US Stocks Plunge Sharply on Wednesday
Posted August 10th, 2011 at 4:30 pm (UTC-5)
European and U.S. stock indexes retreated sharply Wednesday, giving back big gains from the day before. At the close of U.S. trading, the Dow Jones Industrial Average was off 4.6 percent to end at 10,719. The S&P 500 fell 4.4 percent to close at 1,121 while the NASDAQ fell 4.1 percent to hit 2,381. European […]
