All Entries Tagged With: "europe"
G-8 leaders: Recovery still facing obstacles
By Andria Cheng , MarketWatch President Obama speaks at Saturday’s G-8 meeting as Germany’s Angela Merkel, Britain’s David Cameron (rear) and Russia’s Dmitri Medvedev listen. NEW YORK (MarketWatch) — President Barack Obama and other Group of Eight leaders said on Saturday while the global economic recovery shows signs of promise, significant headwinds persist. With the economic crisis in the euro zone among the key point of discussions, the world leaders said they affirm their interest in Greece remaining in the Eurozone while respecting its commitments.
Wall St Ahead: Mkt is oversold, but major cues say ‘Sell’
Like this story, share it with millions of investors on M3 Like this story, share it with millions of investors on M3 Wall St Ahead: Mkt is oversold, but major cues say ‘Sell’ Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case next week, even after the market posted its worst weekly loss for the year and the S&P fell for six straight sessions.
Dow, S&P’s three-week losing streak is longest this year
NEW YORK (MarketWatch) — U.S. stocks declined Friday, with the Dow and S&P falling for a third week, on concern about Europe’s debt troubles and prospects for global growth. “The problems in Europe are not getting any better
Wall Street flat after Facebook IPO fizzles
Like this story, share it with millions of investors on M3 Like this story, share it with millions of investors on M3 Wall Street flat after Facebook IPO fizzles US stocks were little changed on Friday, reversing earlier gains after Facebook Inc stumbled in its market debut after a delayed opening. US stocks were little changed on Friday, reversing earlier gains after Facebook Inc stumbled in its market debut after a delayed opening.
Asia Markets: Asia stocks tumble as Spain joins worry list
By Sarah Turner , MarketWatch SYDNEY (MarketWatch) — Asian stock investors dumped shares on Friday as fresh concerns about the health of Spanish banks added to existing worries about capital flight from Greek lenders. Japan’s Nikkei Stock Average /quotes/zigman/5986735 JP:100000018 -3.01% fell 2.9%, South Korea’s Kopsi index KR:SEU -3.49% dropped 2.5%, and Australia’s S&P/ASX 200 index /quotes/zigman/1653884 AU:XJO -2.79% skidded 2.4%.
Economic Report: Philly Fed factory index turns negative in May
By Jeffry Bartash , MarketWatch WASHINGTON (MarketWatch) — Business conditions at manufacturing firms in the Philadelphia region worsened in May, as orders for new products fell and executives scaled back hiring plans, a survey showed Thursday.
Canadian Markets: Mining, materials trash Canadian stocks
By Wallace Witkowski , MarketWatch SAN FRANCISCO (MarketWatch) — Canadian stocks dropped Monday, led by big losses in the mining, materials and energy sectors.
Dow ends down 125 points, its eighth loss in past nine sessions
SAN FRANCISCO (MarketWatch) — U.S. stocks dropped sharply Monday, ending at their lowest levels in over three months, as investors dumped stocks on the prospects of a euro-zone break-up and a drop in financials after J.P
Peter Brimelow: Another summer sag for stocks?
By Peter Brimelow , MarketWatch NEW YORK (MarketWatch) — Two down weeks — are stocks starting another summer sag?
Futures Movers: Oil slips lower after Saudi minister comments
By Michael Kitchen , MarketWatch LOS ANGELES (MarketWatch) — Crude-oil futures moved lower during Asian trading hours Monday, with comments from Saudi Arabia’s oil minister and concerns about Europe’s debt crisis helping to weigh on the commodity. Benchmark U.S.