The wave of selling that has washed over financial markets in recent weeks swamped precious metals on Friday, sending gold and silver prices plummeting and raising the stakes for key weekend meetings of global finance officials. Gold and silver prices have seen sharp declines lately, but [...]
Reuters - The Dow Jones industrial average on Friday suffered its worst week since the depths of the financial crisis in 2008, stung by severe anxiety over Europe’s spiraling debt crisis and a warning from the Federal Reserved about the U.S. economy.[Read more...]
NEW YORK—U.S. stocks opened lower Friday in what was expected to be another volatile session, as fears of a Greek default and the domestic economy spiraling into another recession continued to feed investor trepidation. The Dow Jones Industrial Average was off 21 points, or 0.2%, to 10716. The index plunged 675 points in the [...]
FRANKFURT—U.S. stock-index futures gave up small early gains to point to a flat open for Wall Street Friday as investors looked to international policy makers for solutions to Europe’s debt crisis. Futures on the Dow Jones Industrial Average rose 5 points to 10655. Standard & Poor’s 500 Index futures rose 0.90 point to 1124.40, [...]
Global investors dumped everything from stocks to corporate bonds to foreign currencies and fled to the relative safety of U.S. Treasurys on fears of another recession and a Greek debt default. Investors staged a global flight from risk Thursday that sent stocks plummeting and 10-year [...]
NEW YORK—Investors staged a flight from risk in global markets as investors pressured stocks and sent 10-year Treasury yields to 1940s levels after a gloomy outlook by the Federal Reserve renewed fears of a global economic slowdown. In a move dubbed “Operation Twist,” the Fed announced Wednesday it would increase the share of [...]
NEW YORK—U.S. stocks tumbled as investors questioned the effectiveness of the Federal Reserve’s latest unconventional attempt to bolster the faltering U.S. economy. The Dow Jones Industrial Average closed down 283.82 points, or 2.5%, to 11124.84. The Standard & Poor’s 500-stock index shed 35.33 points, or 3%, to 1166.76 and the Nasdaq Composite lost 52.05 [...]
NEW YORK—U.S. stocks fell as investors worried over a slowdown in the materials sector and waited for a statement on monetary policy from the Federal Reserve. The Dow Jones Industrial Average fell 32 points, or 0.3%, to 11377. The Standard & Poor’s 500-stock index shed four points, or 0.3%, to 1198 and the Nasdaq [...]
NEW YORK—U.S. blue-chip stocks pushed closer to break-even for the year as investors erased all of Monday’s market losses, betting on a rescue plan for Greece and more stimulus from the Federal Reserve. The Dow Jones Industrial Average rose 131 points, or 1.2%, to 11532 in early afternoon. The gains recouped all of the [...]
NEW YORK—U.S. stocks bounced between small gains and losses in early trading, as sentiment remained guarded in the face of Greece’s ongoing debt talks and as investors anticipated gaining further insight into Federal Reserve policy on Wednesday. The Dow Jones Industrial Average rose 9 points, or 0.1%, to 11410 around 10 a.m. The Dow [...]
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