US stocks erased most of their early declines, but finished the day mostly lower as a renewal of economic and political concerns in Italy kept major US equity benchmarks off their all-time highs. The Dow Jones Industrial Average pulled ...
THE Standard & Poor's 500-stock index has rallied to the second-highest close in its history, as investors shrugged off eurozone concerns. The S&P500 closed up 12.08 points, or 0.78 per cent, to 1563.77, just shy of its October 2007 peak ...
US stocks dropped as a last-minute bailout deal for Cyprus kicked up worries that deposits across Europe could become future targets of international creditors. The Dow Jones Industrial Average dropped 64.28 points, or 0.4 per cent, to ...
THE dollar has opened firmer, with gains on US and European sharemarkets helping lift the currency near $US1.05. At 7am AEDT, the Aussie was at $US1.0486, up from yesterday's local close of $US1.0465. The local unit reached a high of ...
US stocks gained ground, nearly erasing the week's losses for the Dow industrials as investors started to look past the latest euro-zone debt drama. For European markets, however, it was a different story, as the turmoil in Cyprus ...
Tags: economy
US stocks moved lower as prices took a hit from continued uncertainty about the fate of a bailout plan for banks in Cyprus and weakness in technology shares. The Dow Jones Industrial Average shed 90.24 points, or 0.6 per cent, to ...
US investors pushed stocks broadly higher, as the Federal Reserve's promise of continued easy-money policies helped them move past the latest flare-up in Europe's debt crisis. The Dow Jones Industrial Average finished with an advance of ...
The stockmarket has fallen by almost 1.5 per cent due to concerns about a bailout of Cyprus and falls on Wall Street. A European Union bailout of Cyprus had scared investors and led to a negative opening on the Australian market, IG ...
Tags: stockmarket, Australian market, euros
Investors took a record high for US stocks - the bellwether Dow Jones Industrial Index eclipsing its pre-global financial crisis peak - as confirmation that the US economic recovery is gathering strength and sent the local market to its ...
Tags: US stocks, Stockmarkets, Stocks
THE Dow Jones Industrial Average has edged closer to an all-time closing high, as investors brushed off steep losses in China's equity markets and pushed major benchmarks higher. The Dow rose 38.16 points, or 0.3 per cent, to 14127.82, to ...
US investment firm Jefferies analyst Peter MiseKe said in a report released Wednesday that although a growing number of analysts and shareholders required apple to do more with the cash, but he believed the company should be handled with ...
Tags: Apple, Stock Price, Peter MiseKe
The Australian dollar slumped to its lowest level in more than four months overnight after improved US economic figures and comments from Federal Reserve chairman Ben Bernanke's boosted the greenback. At 7am AEDT the currency was down ...
Tags: Australian dollar, US economic, dollar
The benchmark S&P/ASX 200 has closed down 2.3 per cent at 4980.1, its biggest fall in nine months. More than $36 billion was wiped from the value of Australian shares in the market's largest one-day decline since May 18, pulling back from ...
Tags: Stocks, benchmark, Australian shares
US stocks edged mostly lower as declines in Wal-Mart Stores and the energy sector offset firm readings on consumer confidence and New York manufacturing. The Dow Jones Industrial Average rose 8.37 points, or 0.1 per cent, to 13981.76 ...
Tags: US stocks, energy sector offset, finance
Rising industrial shares offset a slump in the telecommunications and utilities sectors, leaving the S and P 500 slightly higher as investors weighed muted retail sales and other economic data. The Standard & Poor's 500-stock index added ...
Tags: telecommunications, retail sales, US Stocks