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Economic Worries Pummel US Stocks

Posted June 1st, 2011 at 4:30 pm (UTC-5)
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Weak economic data is sparking new concerns the U.S. economic recovery is stalling, sending the major stock indexes sharply lower Wednesday. The Dow Jones Industrial Average dropped 2.2 percent to close at 12,290. The S&P 500 index plunged 2.3 percent to end at 1,315. And the NASDAQ dropped 2.3 percent to finish at 2,769. European […]

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Economic Concerns Send US Stocks Sliding

Posted June 1st, 2011 at 12:45 pm (UTC-5)
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Concerns about job creation and a slowing U.S. economic recovery pushed the major stock indexes lower in Wednesday’s midday trading. The Dow Jones Industrial Average slid almost 1.5 percent. The S&P 500 index fell 1.4 percent. And the NASDAQ dropped almost 1.3 percent. European stock prices also fell, closing lower. London’s Financial Times index dipped […]

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US Stocks Slip at Open

Posted June 1st, 2011 at 9:50 am (UTC-5)
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Major U.S. stock market indexes slid lower in early trading Wednesday, following reports the job market created fewer jobs last month than many economists had forecast. The Dow Jones Industrial Average and the S&P 500 index each fell three-tenths of a percent. The NASDAQ dropped almost two-tenths of a percent. European stock prices were lower […]

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European Stocks Lower in Midday Trading

Posted June 1st, 2011 at 7:40 am (UTC-5)
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European stock prices are lower in midday trading Wednesday. London’s Financial Times index is down more than one-quarter of one percent. The CAC-40 in Paris is down nearly one-quarter of one percent, and trading on the DAX index in Frankfurt is down more than one-quarter of one percent. In New York, the S&P futures contract […]

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Asia Markets Close Mixed

Posted June 1st, 2011 at 7:20 am (UTC-5)
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Major Asian stock markets closed mostly higher Wednesday. Tokyo’s Nikkei index gained more than one-quarter of one percent to finish at 9,720. Hong Kong’s Hang Seng index lost nearly one-quarter of one percent to finish the day’s trading at 23,626. Share prices were higher in Manila, Mumbai, Singapore, Taipei and Wellington, but lower in Bangkok, […]

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Japan’s Nikkei Loses Ground

Posted June 1st, 2011 at 5:35 am (UTC-5)
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Japanese markets closed higher Wednesday, while the U.S. dollar is lower against the Japanese yen. Tokyo’s Nikkei index gained more than one-quarter of one percent to finish at 9,720. In currency trading, the dollar was selling at 81.39, a loss of just over one-tenth of a yen from Tuesday. Gold is trading at $1,531.15 an […]

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Asian Stocks Mixed

Posted June 1st, 2011 at 4:35 am (UTC-5)
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Asian stock markets closed mixed Wednesday. Tokyo’s Nikkei index gained more than one-quarter of one percent to finish at 9,720. Hong Kong’s Hang Seng index lost nearly one-quarter of one percent to finish the day’s trading at 23,626. Share prices were higher in Manila, Taipei and Wellington. Trading was either flat or unchanged in Shanghai […]

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Japan’s Nikkei Rises, Dollar Falls

Posted June 1st, 2011 at 2:50 am (UTC-5)
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Japanese markets closed higher Wednesday, while the U.S. dollar is lower against the Japanese yen. Tokyo’s Nikkei index gained more than one-quarter of one percent to finish at 9,720. In currency trading, the dollar was selling at 81.36 yen, a loss of just over one-fourth of a yen from Tuesday. The Taipei market finished at […]

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