Asian and European markets are lower Tuesday as investors react to an unprecedented downgrade of the U.S. government’s credit rating and lingering concerns about European debt problems and global economic growth. Japan’s Nikkei index closed 1.68 percent lower Tuesday, recovering from a more than 4 percent drop earlier in the session. Analysts said some buyers […]
Asian, European, Markets Fall, Await Fed Action
Tokyo Stocks, Dollar, Lower
Japanese share prices gained back some ground Tuesday after opening sharply lower on U.S. debt fears. The dollar was lower against the yen. The Nikkei index was down 1.68 percent , to close at 8,944. In currency trading, the dollar was selling at 77.07 yen, down seven-tenths of a yen from late Monday. Gold was […]
Asian, European, Markets Lower
Asian and European markets are lower Tuesday as investors react to an unprecedented downgrade of the U.S. government’s credit rating and lingering concerns about European debt problems and global economic growth. Japan’s Nikkei index closed 1.68 percent lower Tuesday, recovering from a more than 4 percent drop earlier in the session. Analysts said some buyers […]
Asian Markets Trim Losses as Investors Look for Bargains
Asian markets are lower Tuesday as investors react to an unprecedented downgrade of the U.S. government’s credit rating and lingering concerns about European debt problems and global economic growth. Japan’s Nikkei index closed 1.68 percent lower Tuesday, recovering from a more than 4 percent drop earlier in the session. Analysts said some buyers came in […]
Asian Markets Trim Losses as Investors Look for Bargains
Asian markets are lower Tuesday as investors react to an unprecedented downgrade of the U.S. government’s credit rating and lingering concerns about European debt problems and global economic growth. Japan’s Nikkei index closed 1.68 percent lower Tuesday, recovering from a more than 4 percent drop earlier in the session. Analysts said some buyers came in […]
Tokyo Stocks, Dollar, Down
Japanese share prices gained back some ground Tuesday after opening sharply lower on U.S. debt fears. The dollar was lower against the yen. The Nikkei index was down 1.68 percent , to close at 8,944. In currency trading, the dollar was selling at 77.33 yen, down nearly half a yen from late Monday. The Taipei […]
World Stocks Tumble, But US Treasuries Gain on Downgrade
Global financial markets continue their plunge in reaction to an unprecedented downgrade of the U.S. government’s credit rating and lingering concerns about European debt problems and global economic growth. In early Asia trading Tuesday, Hong Kong’s Hang Seng index is down nearly 6 percent, while Japan’s Nikkei index is nearly 4 percent lower. Seoul’s KOSPI […]
US Stock Markets Plunge After Credit Downgrade
U.S. stock markets plunged Monday, following last Friday’s downgrade of U.S. government debt. The Dow Jones Industrial Average was down 5.5 percent , ending at 10,810. This is the biggest one-day drop for the Dow in almost three years. The broader S&P 500 index fell 6.7 percent to 1,119, while the NASDAQ composite index fell […]
US Stock Markets Open Lower
U.S. stock markets plunged in Monday’s midday trading, following last Friday’s downgrade of U.S. government debt. The Dow Jones Industrial Average was down 2.9 percent, the broader S&P 500 index fell 3.8 percent and the NASDAQ composite index fell 4 percent. European stock markets fell sharply by the close of trading. London’s Financial Times 100 […]
US Stock Markets Open Sharply Lower
U.S. stock markets dropped at the opening of trading Monday, the first time exchanges were open since the downgrade of U.S. government debt late Friday. The Dow Jones Industrial Average was down more than 1.5 percent early in early trading, the broader S&P 500 index was down 1.9 percent and the NASDAQ composite index fell […]