Stocks advanced in the United States and Europe on Wednesday. In the U.S., the Dow Jones Industrial Average is up one-half of one percent in early day trading. The S & P 500 is ahead seven-tenths of a percent, while the NASDAQ is up 1.1 percent. European stock prices are sharply higher in afternoon trading. […]
US, European Stocks Advance in Wednesday Trading
Posted October 5th, 2011 at 11:40 am (UTC-5)
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Europe Pushes Toward More Bank Funding
Posted October 5th, 2011 at 11:10 am (UTC-5)
European officials are moving to add new funding for troubled banks on the continent that are weighed down by the possibility of a Greek default on its debts. German Chancellor Angela Merkel, leader of the country with Europe’s strongest economy, lent her support Wednesday. She said there should be a Europe-wide cash infusion for the […]
Europe Wavers on Terms of Its Second Greek Bailout
Posted October 4th, 2011 at 9:45 am (UTC-5)
European leaders are wavering on the terms of their planned second international bailout of debt-ridden Greece because of the country’s worsening financial condition. One key European financial leader, Luxembourg Prime Minister Jean-Claude Juncker, suggested Tuesday that private creditors will have to take bigger losses on the Greek loans they hold, part of the $211 billion […]
Global Stock Indexes Plunge on Greek Debt Worries
Posted October 3rd, 2011 at 1:55 pm (UTC-5)
World stock markets fell Monday on new worries of a Greek debt default. In midday trading in the United States, the Dow Jones Industrial Average of 30 key stocks is down 1.4 percent. The broader S&P 500 is off 1.6 percent. The technology-laden NASDAQ is down 1.9 percent. European markets closed sharply lower. London’s Financial […]
World Markets Roiled by New Greek Default Fears
Posted October 3rd, 2011 at 1:40 pm (UTC-5)
World stock markets fell sharply Monday because of new fears that Greece might soon default on its bailout loans from last year. Hong Kong’s Hang Seng exchange dropped more than 4 percent. The London, Paris and Frankfurt markets all slid, as did U.S. stock indexes. Investors moved to sell stocks after the Athens government said […]
World Markets Roiled by New Greek Default Fears
Posted October 3rd, 2011 at 11:45 am (UTC-5)
Asian and European stock markets fell sharply Monday because of new fears that Greece might soon default on its bailout loans from last year. Hong Kong’s Hang Seng exchange dropped more than 4 percent, and the London, Paris and Frankfurt markets all plunged. U.S. markets were also down, but not by as much. Investors moved […]
Global Stock Indexes Plunge on Greek Debt Worries
Posted October 3rd, 2011 at 10:15 am (UTC-5)
World stock markets fell Monday on new worries of a Greek debt default. In early trading in the United States, both the Dow Jones Industrial Average and the S&P 500 indexes are off five-tenths of one percent. The NASDAQ is down seven-tenths of a percent. European markets plunged in afternoon trading. London’s Financial Times 100 […]
World Markets Roiled by New Greek Default Fears
Posted October 3rd, 2011 at 9:35 am (UTC-5)
Asian and European stock markets fell sharply Monday because of new fears that Greece might soon default on its bailout loans from last year. Hong Kong’s Hang Seng exchange dropped more than 4 percent, and the London, Paris and Frankfurt markets all plunged. Investors moved to sell stocks after the Athens government said Sunday it […]
Europe Moves Closer to Bigger Bailout Fund
Posted September 30th, 2011 at 2:00 pm (UTC-5)
Europe moved closer Friday to adopting a bigger bailout fund to assist debt-ridden countries, with Austria the latest country to approve its expansion to $593 billion. Austria became the 14th of the 17 nations that use the euro currency that need to approve the expanded fund. Some financial experts are saying the fund will need […]
US, European Markets Fall in Friday Trading
Posted September 30th, 2011 at 1:15 pm (UTC-5)
U.S. and European stock indexes are lower in afternoon trading. The Dow Jones Industrial Average is down seven-tenths of one percent, while the S&P 500 is off one percent. The NASDAQ is down 1.1 percent. European stock markets closed sharply lower. London’s Financial Times 100 index ended down 1.3 percent to finish at 5,128. The […]
