Written by U.S. stocks slipped Monday as concerns over the health of financials prompted investors to take a step back after four consecutive weeks of gains. READ MORE »
Posts tagged stock market
Asian Shares Rise; Tokyo Stocks Get Lift From Tankan Survey
Asian stock markets were higher Wednesday, with Japanese stocks lifted by a better-than-expected business sentiment survey. READ MORE »
FOREX-Dollar mired near lows, yen on intervention watch
*Caution on Japan intervention heightened after dollar falls
* Some think Japan may not intervene before weekend G7 meet
* Focus on Trichet’s comments at ECB policy meeting
* Aussie hits new 2-year high vs dollar on solid jobs data
The dollar was mired near a 15-year low versus the Japanese yen and an eight-month low against the euro on Thursday on the spectre of more money-printing by the U.S. Federal Reserve as early as next month. READ MORE »
Stocks gain on prospect of Fed purchases
U.S. stocks advanced last week, sending the Dow Jones industrial average above 11,000 for the first time since the May 6 crash, on speculation the Federal Reserve will buy more debt to boost the economy. READ MORE »
Gold steady, after sharp falls on China rate hike
Gold held steady on Wednesday, after posting a decline of nearly 3 percent in the previous session, following China’s surprise announcement of an interest rate hike on Tuesday. READ MORE »