News that European leaders completed a debt-relief deal for Greece and expand the continent’s bailout fund encouraged investors, and stocks soared around the world Thursday. U.S. stocks made strong gains in midday New York trading. The Dow Jones Industrial Average rose 2.6 percent, with the S&P 500 up 2.9 percent and the NASDAQ 2.8 percent. […]
US Stocks Rise Strongly
News that European leaders made a deal to expand a bailout fund in the region’s debt crisis encouraged investors, and stocks soared around the world Thursday. U.S. stocks made strong gains in early New York trading. The Dow Jones Industrial Average rose 2 percent, while the S&P 500 and the NASDAQ moved up 2.5 percent. […]
European Stocks Higher in Midday Trading
European stock prices are higher in midday trading Thursday. London’s Financial Times index is up two and one-half percent. The CAC-40 in Paris is nearly five percent higher, and trading on the DAX index in Frankfurt is up just over four and one-quarter percent. In New York, the S&P futures contract is up 25 points, […]
Asia Markets Close Higher
Major Asian stock markets closed higher Thursday. Tokyo’s Nikkei index gained two percent to finish at 8,927. Hong Kong’s Hang Seng index soared three and one-quarter percent to finish the day’s trading at 19,689. Share prices were also higher in Bangkok, Jakarta, Kuala Lumpur, Manila, Seoul, Shanghai, Singapore, Sydney, Taipei and Wellington. No trading was […]
Japan’s Nikkei Loses Ground
Japanese markets closed closed higher Thursday, while the U.S. dollar is trading lower against the Japanese yen. Tokyo’s Nikkei index gained just over two percent to finish at 8,927. The dollar was selling at 75.83 yen, a loss of more than one-quarter of a yen from Wednesday. Gold is trading at $1,711.13 an ounce.
Asian Stocks Higher
Asian stock markets closed higher Thursday. Tokyo’s Nikkei index gained just over two percent to finish at 8,927. Hong Kong’s Hang Seng index soared three and one-quarter percent to finish the day’s trading at 19,689. Share prices were also higher in Manila, Shanghai, Sydney, Taipei and Wellington. In currency trading, the dollar was selling at […]
Global Markets Boosted by Eurozone Debt Deal
Asian and European markets are on the rise in Thursday trading as investors reacted favorably to a new deal reached by European leaders to contain the region’s debt crisis. Japan’s benchmark Nikkei index closed just over two percent at the end of its trading session, while the main indexes in Hong Kong and Australia are […]
Japan’s Nikkei Soars on Eurozone News
Japanese markets closed higher Thursday, while the U.S. dollar is trading lower against the Japanese yen. Tokyo’s Nikkei index gained just over two percent to finish at 8,927. The dollar was selling at 75.89 yen, a loss of just over one-quarter of a yen from Wednesday. The Taipei market finished at 7,565, a gain of […]
US Stocks Close Higher
U.S. stocks made strong gains by the close of Wednesday’s trading. The Dow Jones Industrial Average advanced 1.4 percent to finish at 11,869. The S&P 500 gained 1.1 percent to end at 1,242, while the NASDAQ composite index rose half a percent to close at 2,651. Stock markets in Europe were mixed at the close […]
US Stocks Mixed in Midday Wednesday Trading
U.S. stocks were mixed in midday trading Wednesday. The Dow Jones Industrial Average advanced two-tenths of a percent, while the S&P 500 fell one-tenth of a percent. The NASDAQ dropped three-quarters of a percent. European stock markets closed mixed ahead of the Brussels summit of the continent’s leaders and their debate on resolving Europe’s debt […]