Asian stock markets took a nosedive in early trading Friday. Tokyo’s Nikkei index dropped 3.72 percent , to close at 9,300. Hong Kong’s Hang Seng plunged 4.29 percent , to end at 20,946. Elsewhere, share prices dropped from more than one to more than five percent in Taipei, Sydney, Manila, Shanghai and Wellington. The dollar […]
Stocks Plunge in US, Europe, Asia Amid New Worries of Global Downturn
Posted August 5th, 2011 at 2:45 am (UTC-5)
Stock markets plunged around the globe Thursday and Friday, amid new concerns that the world may be headed for another sharp economic downturn. In Asia, markets fell Friday, with Tokyo’s Nikkei closing down 3.72 percent and hitting its lowest level in five months. Hong Kong’s Hang Seng tumbled more than 4.5 percent in afternoon trading. […]
Tokyo Markets, Dollar Down
Posted August 5th, 2011 at 2:35 am (UTC-5)
Japanese share prices plummeted Friday, while the dollar slipped against the yen. Tokyo’s Nikkei index dropped 3.72 percent , to close at 9,300. In currency trading, the dollar was selling at 78.55 yen, down one-third of a yen from late Thursday. The Taipei market tumbled 5.58 percent , to close at 7,853.
Asian Markets Open Sharply Lower After US, European Plunge
Posted August 4th, 2011 at 8:50 pm (UTC-5)
Major Asian markets opened sharply lower Friday after concerns that another global economic downturn may be on the way sent U.S. and European markets plunging. Tokyo’s Nikkei, Sydney’s Australian Securities Exchange, and Seoul’s Kospi were all down about four percent shortly after opening. Thursday, the Dow Jones Industrial Average in New York plummeted 513 points, […]
US Stocks Follow Europe, Fall Sharply
Posted August 4th, 2011 at 4:45 pm (UTC-5)
U.S. stock market indexes closed down four to five percentage points in Thursday’s trading, amid continued concern over the progress of global economic growth. The Dow Jones Industrial Average closed down 4.3 percent to 11,384. The broader S&P 500 dropped 4.8 percent to 1,200 and the NASDAQ composite index fell 5 percent to 2,556. European […]
Stocks Plunge in US, Europe Amid New Worries of Global Downturn
Posted August 4th, 2011 at 4:25 pm (UTC-5)
Stock markets plunged in the United States and Europe on Thursday amid new concerns that the world may be headed for another sharp economic downturn. In the United States, the Dow Jones Industrial Average plummeted more than 510 points, or 4.3 percent, its largest drop since 2008. The U.S. losses came as major European exchanges […]
US Stocks Fall Sharply in Midday Trading Thursday
Posted August 4th, 2011 at 2:00 pm (UTC-5)
U.S. stock market indexes fell sharply in Thursday’s midday trading, following a significant plunge on European exchanges. The Dow Jones Industrial Average is down 2.4 percent. The broader S&P 500 is off 2.6 percent, and the NASDAQ by 2.7 percent. European stock markets finished sharply lower. London’s Financial Times 100 index fell 3.4 percent to […]
Stocks Plunge in US, Europe Amid New Worries of Global Downturn
Posted August 4th, 2011 at 1:10 pm (UTC-5)
Stock markets plunged in the United States and Europe on Thursday amid new concerns that the world may be headed toward another sharp economic downturn. Key stock indexes in the United States dropped by more than 2 percent in midday trading, nearly wiping out accumulated gains for 2011. The U.S. losses came as major European […]
US Stocks Fall
Posted August 4th, 2011 at 9:55 am (UTC-5)
U.S. stock market indexes fell sharply in Thursday’s early trading. The Dow Jones Industrial Average retreated 1.2 percent, the S&P 500 lost 1.4 percent, and the NASDAQ slid 1.6 percent. European stock markets were lower in afternoon trading. London’s Financial Times 100 index fell 1.7 percent, the CAC-40 in Paris moved down 1.3 percent, and […]
European Stocks Lower in Midday Trading
Posted August 4th, 2011 at 7:40 am (UTC-5)
European stock prices are lower in midday trading Thursday. London’s Financial Times index is down over one percent. The CAC-40 in Paris is down more than six-tenths of one percent, and trading on the DAX index in Frankfurt is down nearly one-half of one percent. In New York, the S&P futures contract is down nearly […]
