U.S. stock indexes slid in early trading Monday, following bigger losses on key exchanges in Asia and Europe. The Dow Jones Industrial Average of 30 key stocks is off one percent, while the broader S&P 500 is down nine-tenths of one percent. The technology-laden NASDAQ is down six-tenths of a percent. European stock markets are […]
US Stocks Fall in Early Trading Monday
World Markets Tumble on Greek Default Fears
World stock markets and the value of the euro plunged Monday as investors worried that Greece would not be able to pay back its bailout loans. European shares hit their lowest point in more than two years, with exchanges in London, Paris and Frankfurt all falling sharply. German Economy Minister Philipp Roesler said Europe could […]
British Prime Minister Cameron Makes Rare Russian Visit
British Prime Minister David Cameron is in Moscow on the first visit by a British leader to Russia in six years. Mr. Cameron is expected to encourage closer trade ties with Russia. Relations between the two countries soured in 2006 after a Russian ex-security agent, Alexander Litvinenko, died of poisoning in London. So far, Russia […]
US Stocks Mixed in Midday Trading
U.S. stock market indexes were narrowly mixed in midday trading Thursday. The Dow Jones Industrial Average and the S&P 500 were both down a bit more than a tenth of one percent, while the NASDAQ was up fractionally from Wednesday’s close. European stocks ended the day higher. London’s Financial Times 100 index and the CAC […]
US Stocks Fall Sharply in Midday Trading Tuesday
U.S. stock indexes fell sharply in midday trading Tuesday, as concern grew about a stagnant economy in the United States and government debt in Europe. The Dow Jones Industrial Average of 30 key stocks is off 1.9 percent, while the broader S&P 500 index is down 1.8 percent. The technology-laden NASDAQ is down 1.7 percent. […]
US Stocks Fall Sharply in Early Trading Tuesday
U.S. stock indexes fell sharply in early trading Tuesday, as concern grew about a stagnant economy in the United States and government debt in Europe. The Dow Jones Industrial Average of 30 key stocks and the broader S&P 500 index are both off 2.1 percent, while the technology-laden NASDAQ is off 1.8 percent. Stocks are […]
On US Labor Day, Obama Calls for New Worker Aid
U.S. President Barack Obama praised American workers on the country’s Labor Day holiday, while calling on political opponents to join him in supporting new spending to fix roads and bridges and to extend a national payroll tax cut. The president appeared Monday before a cheering group of union workers in auto industry hub of Detroit, […]
US Stocks Down Slightly in Midday Trading Thursday
U.S. stock indexes fell slightly in midday trading Thursday. The Dow Jones Industrial Average, the S&P 500 and the NASDAQ are all off one-tenth of a percent. European stocks ended mixed. London’s Financial Times index closed up one-half of one percent to end at 5,419. The CAC-40 in Paris advanced three-tenths of a percent to […]
US Jobless Benefit Claims Fall
Fewer unemployed Americans made their first claims for financial assistance last week, but there was no immediate indication that U.S. companies are hiring substantial numbers of new workers. The U.S. government said Thursday that 409,000 jobless workers applied for unemployment compensation, down from 421,000 the previous week. The applications for aid have fallen from an […]
US Stocks Advance in Midday Trading Wednesday
U.S. stock indexes advanced in midday trading Wednesday. The Dow Jones Industrial Average of 30 key stocks is up eight-tenths of one percent, while the broader S&P 500 is ahead nine-tenths of a percent. The technology-laden NASDAQ is up one-half of a percent. Stocks closed sharply higher in Europe. London’s Financial Times index ended up […]