U.S. stock indexes jumped sharply in early trading Tuesday after the huge sell-off on Monday. The Dow Jones Industrial Average is ahead 2 percent, the broader S&P 500 2.5 percent and the NASDAQ more than 3 percent. European markets were falling in afternoon trading. London’s Financial Times 100 index is down one-half of one percent. […]
European Markets Lower at Midday
European stock markets were lower in midday trading Monday. London’s Financial Times 100 index was down one percent , to 5,014. The CAC-40 in Paris slipped half a percent , to 3,111. And the DAX in Frankfurt fell more than two percent to 5,782. The S&P futures contract was up 17 points, indicating a higher […]
Asian Markets Mostly Lower
Asian stock markets closed mostly lower Tuesday. Japan’s Nikkei index was down 1.68 percent to close at 8,944. Hong Kong’s Hang Seng index slumped 5.66 percent to end at 19,331. Elsewhere, markets closed lower in Manila, Wellington, Jakarta, Bangkok, Kuala Lumpur, Mumbai, Seoul, Taipei and Shanghai. The market in Sydney closed higher, while the Singapore […]
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 Markets Mostly Lower
Asian stock markets closed mostly lower in Tuesday trading. Japan’s Nikkei index was down 1.68 percent to close at 8,944. Hong Kong’s Hang Seng index slumped 5.66 percent to end at 19,331. Elsewhere, markets closed lower in Manila, Wellington, Taipei and Shanghai. The market in Sydney closed higher. The dollar was selling at 77.34 yen, […]
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 […]
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 […]
European Markets Tumble at Midday
European stock markets dived in midday trading Monday. London’s Financial Times 100 index was down 1.82 percent , to 5,152. The CAC-40 in Paris dropped 2.42 percent , to 3,199. And the DAX in Frankfurt fell 2.89 percent , at 6,056. The S&P futures contract was down 30 points, indicating a tumble for U.S. markets […]