How the Dow Jones industrials fared Friday

Posted by admin on March 10, 2009 under News | 5 Comments to Read

How the Dow Jones industrials fared Friday
Stocks ended a volatile session mixed Friday after the government reported that employers cut 651,000 jobs last month, and the unemployment rate jumped to 8.1 percent. The government also revised its …

Citigroup shares tumble below $1 (Reuters)

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Citigroup shares tumble below $1 (Reuters)
Reuters – Shares of Citigroup , once the world’s most valuable bank, tumbled below $1 on Thursday, taking its year-to-date drop to 85 percent.

N.Y. stocks end slightly higher after sinking to new 12-year low+

Posted by admin on March 9, 2009 under News | 2 Comments to Read

N.Y. stocks end slightly higher after sinking to new 12-year low+
low+ (AP) – NEW YORK, March 6 (Kyodo)—(EDS: RECASTING WITH END OF TRADING) New York stocks ended slightly higher Friday after wild ups and downs that sent the Dow Jones index briefly sliding to a…

FTSE 100 flat despite US job losses (AFP)

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FTSE 100 flat despite US job losses (AFP)

The FTSE 100 index of leading shares proved resilient to more bad news from the United States on Friday to finish flat at 3,530.73 points.(AFP/File/Ben Stansall)AFP – The FTSE 100 index of leading shares proved resilient to more bad news from the United States on Friday to finish flat at 3,530.73 points.


Wall Street ends mixed after Dow falls below 6,500

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Wall Street ends mixed after Dow falls below 6,500
NEW YORK, March 6 (Xinhua) — U.S. stocks ended mixed on Friday, with the Dow Jones average dropping below 6,500 for the first time in 12 years in the day's trading. The U.S. Labor Department reporte…

Stock markets pounded by bad news, mum China (AFP)

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Stock markets pounded by bad news, mum China (AFP)

A trader works on the floor of the New York Stock Exchange during morning trading on March 3, 2009. US stocks plunged Thursday amid fresh global turmoil amid a spate of weak economic news, corporate woes and disappointment about the lack of an expected new Chinese economic stimulus plan.(AFP/Getty Images/File/Mario Tama)AFP – Stock markets around the world took a beating Thursday from a spate of bad recession news, worries over the financial sector and a deafening silence from China on much hoped-for new stimulus measures.


Stocks drift further to the red zone

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Stocks drift further to the red zone
By Quintus Perera – Asian Tribune Acuity – the stock-brokering arm of HNB and DFCC in their weekly review indicated that stocks at the Colombo bourse suffered another week of losses as the week s…

Obama touts recovery amid grim economic news (Reuters)

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Obama touts recovery amid grim economic news (Reuters)

US President Barack Obama waves after landing on the South Lawn aboard Marine One, on March 6, at the White House in Washington, DC. US President Barack Obama has announced plans to fill senior foreign policy positions dealing with international organizations as well as European and Eurasian affairs.(AFP/Tim Sloan)Reuters – President Barack Obama tried to highlight some good news and tout his economic plan on Friday, but the grim reality of plunging employment and faltering stock markets once again stepped on his message.


Aussie share market to open higher on positive Wall St lead

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Aussie share market to open higher on positive Wall St lead
The Australian share market is expected to open higher on Monday following Wall Street’s positive finish and ahead of a raft of employment and housing finance data this week. A late-day rally saw W…

European stocks mixed ahead of US jobs report (AP)

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European stocks mixed ahead of US jobs report (AP)

A man walks in front of an electronic stock board of a securities firm in Tokyo, Japan, Friday, March 6, 2009. The benchmark Nikkei 225 stock average fell 228.54 points, or 3.07 percent, to end morning session at 7,204.95. (AP Photo/Itsuo Inouye)AP – European markets were mixed Friday ahead of the publication of what is expected to be an especially bleak U.S. jobs report.