U.S. stocks fell as much as 3 percent Wednesday and European stock markets dropped even further because of concerns about weak U.S. economic growth and growing worries about Europe’s debt problems. Asian stocks closed earlier Wednesday with gains. The decline in Europe and the United States ended a strong stock rally that began Tuesday after […]
European, US Stocks Plunge Sharply on Wednesday
Posted August 10th, 2011 at 1:40 pm (UTC-5)
European and U.S. stock indexes retreated sharply Wednesday, giving back big gains from the day before. In afternoon trading in the U.S., the Dow Jones Industrial Average was off 3.3 percent, with the broader S&P 500 down 3.1 percent. The NASDAQ fell 2.9 percent. European stock indexes ended lower on continued worries about the debt […]
Global Stocks Drop Again After Rebound
Posted August 10th, 2011 at 11:15 am (UTC-5)
U.S. and European stock markets fell sharply Wednesday because of continuing concerns about weak U.S. economic growth and Europe’s debt problems. Asian stocks closed earlier Wednesday with gains. The decline in Europe and the United States ended a strong stock rally that began Tuesday after top officials of the U.S. central bank said they will […]
Global Stocks Drop Again After Rebound
Posted August 10th, 2011 at 10:30 am (UTC-5)
U.S. and European stock markets fell sharply Wednesday because of continuing concerns about weak U.S. economic growth and Europe’s debt problems. Asian stocks closed earlier Wednesday with gains. The decline in Europe and the United States ended a strong stock rally that began Tuesday after top officials of the U.S. central bank said they will […]
US Stocks Plunge in Early Tuesday Trading
Posted August 10th, 2011 at 10:25 am (UTC-5)
U.S. stock indexes retreated sharply in early trading Wednesday, giving back big gains from the day before. The Dow Jones Industrial Average was off 2.5 percent, with the broader S&P 500 down 2.4 percent. The NASDAQ was down 2.3 percent. European stock prices were also down in afternoon trading. London’s Financial Times index is down […]
Global Stocks Rebound and Then Sag
Posted August 10th, 2011 at 9:45 am (UTC-5)
Many stock markets around the world rebounded Tuesday and early Wednesday after top officials of the U.S. central bank said they will probably keep interest rates at their current ultra-low level until the middle of 2013. But continuing concerns about the U.S. economy and Europe’s debt problems drove U.S. and European stocks back down sharply […]
European Stocks Higher in Midday Trading
Posted August 10th, 2011 at 7:35 am (UTC-5)
European stock prices are higher in midday trading Wednesday. London’s Financial Times index is up nearly one percent. The CAC-40 in Paris is up more than one-quarter of one percent, and trading on the DAX index in Frankfurt is up nearly two percent. In New York, the S&P futures contract is down eight points, indicating […]
Asian Markets Soar in Response to US Fed Action
Posted August 10th, 2011 at 5:40 am (UTC-5)
Stock markets across Asia closed in positive territory Wednesday, mirroring the previous day’s big rebound on Wall Street from Monday’s massive sell-off. Japan’s main Nikkei index finished Wednesday’s trading session one percent higher, while Hong Kong’s index, the Hang Seng, gained more than two and one-quarter percent. Indexes in Sydney, Wellington and Taiwan also finished […]
Japan’s Nikkei Continues US Markets Recovery
Posted August 10th, 2011 at 5:30 am (UTC-5)
Japanese markets closed higher Wednesday, while the U.S. dollar is lower against the Japanese yen. Tokyo’s Nikkei index gained just over one percent to finish at 9,039. In currency trading, the dollar was selling at 76.56 yen, a loss of four-tenths of a yen from Tuesday. Gold is trading at $1,757.95 an ounce.
Asian Markets Soar in Response to US Fed Action
Posted August 10th, 2011 at 3:10 am (UTC-5)
Stock markets across Asia are closing in positive territory Wednesday, mirroring the previous day’s big rebound on Wall Street from Monday’s massive sell-off. Japan’s main Nikkei index finished Wednesday’s trading session one percent higher, while Taiwan’s stock exchange gained over three percent. Markets in Hong Kong and Sydney were trading at least two percent higher […]
