AP – Global stock markets tumbled Monday on the first trading day since Standard & Poor’s downgraded long-term U.S. debt. The Dow Jones industrial average plunged 634.76 points, the sixth-worst point less in its 112-year history. Investors are anxious about a weakening U.S. economy and a widening debt crisis in Europe.
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Reuters – U.S. stocks advanced on Wednesday as materials shares rose, but rising commodities prices due to turmoil in the Middle East and North Africa could keep rallies modest.
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Reuters – Stocks gained after a week of heightened volatility on Friday, but investors were reluctant to make big bets due to turmoil in the Middle East and Japan’s nuclear crisis.
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Read More »Reuters – Stocks rallied on Friday after a week of volatility, but light trading volume suggested investors are still reluctant to make big bets due to turmoil in the Middle East and Japan’s nuclear crisis.
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Reuters – Stock index futures tumbled about 2 percent on Tuesday as Japan faced a looming nuclear crisis, sending global equities sharply lower in what could be a prolonged bout of turmoil for financial markets.
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Reuters – Stocks were poised for a lower open on Wednesday, with oil prices edging higher on continued turmoil in Libya, and as a bond auction in Portugal failed to ease concerns the country would need a bailout.
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Reuters – Wall Street erased most of its weekly gains on Friday as fears of more geopolitical turmoil and higher oil prices threaten to stifle rallies in coming weeks.
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Read More »Reuters – Wall Street erased all of its weekly gains on Friday as fears of more geopolitical turmoil and the impact of high oil prices drove investors to sell risky assets like stocks.
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