A late rally Tuesday kept a major U.S. stock index from winding up in the dreaded “bear market” territory. The Standard & Poors-500 index closed 25 points higher, or 2.5 percent. At one point Tuesday, the S&P was down more than 2 percent, putting it more than 20 percent below its April 29th high of […]
US Stock Index Flirts with ‘Bear Market’
US Stock Index Flirts with ‘Bear Market’
A closely watched U.S. stock market index has slipped briefly into the dreaded “bear market” territory, the negative point at which it had fallen more than 20 percent from its recent peak last April. The world’s stock markets mostly plunged again Tuesday on continued worries about a Greek debt default and a slowing world economy. […]
US Stocks Rise
U.S. stock market indexes rose in Monday’s early trading. The Dow Jones Industrial Average, the S&P 500 and the NASDAQ all gained around 1.5 percent. European stock markets were up strongly in afternoon trading. The CAC 40 in Paris moved up 2.2 percent, and the DAX in Frankfurt jumped 2 percent. London’s Financial Times 100 […]
Cambodia Opens Stock Exchange Without Traders
Cambodia officially opened its long-delayed stock exchange Monday, although no companies are yet listed for trading. Finance Minister Keat Chhon said at the opening of the Cambodia Securities Exchange that trading is expected to begin by the end of the year. He said the government has instructed three state-owned companies to work on listing their […]