Search Results for: Standard & Poor
The Age of Vulnerability
October 13th, 2014
Two new studies show, once again, the magnitude of the inequality problem plaguing the United States. The first, the US Census Bureau’s annual income and poverty report, shows that, despite the economy’s supposed recovery from the Great Recession, ordinary ...
Stocks, oil flounder on growth anxiety, China data little help
October 13th, 2014
Asian stocks stumbled to seven-month lows on Monday, while crude oil prices were pinned near a four-year trough as promising trade numbers out of China failed to cheer a market still worried about faltering global growth. “European equities look ...
Dow plunges nearly 300 points on host of fears
October 10th, 2014
The Dow, S&P 500 and the Nasdaq are all tanking big-time. Renewed worries about global economic growth, corporate earnings and market valuations propelled U.S. stocks to huge losses Thursday. The Dow Jones industrial average sank 335 points (2%) to ...
Dow scores biggest gain of 2014 on Fed minutes
October 9th, 2014
Minutes showed little change from the Fed’s previous statements. The whipsaw ride on Wall Street continued Wednesday as the Dow Jones industrial average scored its biggest gain of the year when the release of the minutes of the Federal ...
I.M.F. Asks Rich Nations for Support
October 8th, 2014
The International Monetary Fund said that cash-rich countries needed to step up large public investments to help keep the flagging global recovery on track. The International Monetary Fund, showing heightened concern over a slowing world economy, said on Tuesday ...
Share trading flat after Wall Street sell-off
September 26th, 2014
U.S. shares trading was near the flat line Friday after Wall Street suffered its worst slide in nearly two months Thursday. The Dow closed down 264.26 points, 1.5%, to end below 17,000 at 16,945.80. Throughout most of the day, ...
Stocks end lower: Nasdaq off more than 1%
September 23rd, 2014
Wall Street took a sharp hit Monday as tech stocks plunged and Alibaba (BABA) fell more than 4% on its second day of trading after a blockbuster start on Friday. Investor concerns of a slowing Chinese economy also weighed ...
G-20 Warns of Potential Market Risks
September 22nd, 2014
Group of 20 finance chiefs and central bankers said low interest rates could lead to a potential increase in financial-market risk, as major economies rely on monetary stimulus to bolster uneven growth. “We are mindful of the potential for ...
Dow sets record close as Fed says rates to stay low
September 18th, 2014
The Dow jumped to a record close Wednesday after the Federal Reserve reaffirmed that a key short-term interest rate will stay near zero for a “considerable time” after its bond-buying program ends next month. Investors have been eagerly awaiting ...
Goldman Sachs revises price guidance on debut sukuk
September 16th, 2014
Goldman Sachs (GS.N) will complete a $500 million debut sukuk issue later on Tuesday, with price guidance tightened slightly from earlier indications due to strong demand from investors, a document from lead managers showed on Tuesday. The latest price ...
