Stock markets across the world continued their slide Friday as fears heightened that the global economy was headed to a new downturn. Asian stock markets dropped sharply, following Thursday’s steep sell-off in the United States. Later, European and U.S. markets also fell, although not as sharply as the day before. U.S. markets whipsawed in volatile […]
US Stocks Advance in Early Trading Friday
Posted August 5th, 2011 at 10:40 am (UTC-5)
U.S. stock indexes advanced in early trading Friday, edging higher after Thursday’s steep declines. The Dow Jones Industrial Average is up half a percentage point. The broader S & P 500 index is ahead four-tenths of a percent with the NASDAQ up a tenth of a percent. European stock markets fell in afternoon trading. London’s […]
US, Europe Markets Concern Spreads to Asia
Posted August 5th, 2011 at 10:05 am (UTC-5)
Asian stock markets dropped sharply Friday, following Thursday’s sell-off in the United States. But major U.S. and European indexes seemed to be recovering some of their lost ground after what was seen as a positive unemployment report Friday. The main Dow Jones Industrial Average in the United States gained almost 1 percent in Friday’s early […]
US, Europe Markets Concern Spreads to Asia
Posted August 5th, 2011 at 8:55 am (UTC-5)
Asian stock markets dropped sharply Friday and major European indexes lost ground in early trading as investors worried about another world economic downturn. In the United States, however, stock index futures pointed to a recovery of some losses on Wall Street, following a relatively positive unemployment report. On Thursday the Dow Jones Industrial Average showed […]
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 […]
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 […]
Haitians Bracing for Stalled Tropical Storm Emily
Posted August 4th, 2011 at 10:05 am (UTC-5)
Haitians living in makeshift tent camps are bracing for possible life-threatening flashfloods and mudslides as a result of Tropical Storm Emily. Some rain was already falling on southern Haiti early Thursday, but the center of the storm paused offshore, 170 kilometers southeast of Port-au-Prince. Hundreds of thousands of people in Haiti live in flimsy shanties, […]
Obama Urges Russia to Finish Negotiations to Join WTO
Posted August 3rd, 2011 at 3:00 pm (UTC-5)
U.S. President Barack Obama is urging Russia to negotiate with members of the World Trade Organization to resolve the remaining issues blocking it from becoming the 154th member of the group. The White House said that Russian President Dmitry Medvedev called President Obama Wednesday to wish him a happy birthday, a day ahead of his […]
Tropical Storm Emily Barrels Toward Haiti And Dominican Republic
Posted August 3rd, 2011 at 2:45 pm (UTC-5)
Tropical storm warnings and watches are posted for parts of the Caribbean as Tropical Storm Emily is expected to move across the island of Hispaniola late Wednesday. Haiti and the Dominican Republic share the island. The threat is of particular concern for Haiti, where thousands of people still live in tent camps after a devastating […]
Tropical Storm Emily Barrels Toward Haiti And Dominican Republic
Posted August 3rd, 2011 at 9:30 am (UTC-5)
Tropical storm warnings and watches are posted for parts of the Caribbean as Tropical Storm Emily is expected to move across the island of Hispaniola late Wednesday. Haiti and the Dominican Republic share the island. The threat is particularly concerning for Haiti, where thousands of people still live in tent camps after a devastating earthquake […]
