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Tag Archives: London

ECB disappointment and North Korea concerns weigh on markets

Disappointment over the European Central Bank’s decision to keep monetary policy unchanged weighed on the region’s stock markets once again. News that North Korea had conducted a nuclear test also rattled investors, particularly in South Korea. KEEPING SCORE: In Europe, France’s CAC 40 fell 0.4 percent to 4,517 while Germany’s DAX slipped 0.5 percent to 10,625. Britain’s FTSE 100 was ...

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US stocks veer lower in morning trading; oil dips

U.S. stock indexes edged lower in morning trading Wednesday, weighed down by a slide in supermarket operators and other consumer-focused companies. Materials stocks also were among the big decliners. A sharp drop in hiring last month overshadowed a report Wednesday showing a pickup in job openings in July. KEEPING SCORE: The Dow Jones industrial average fell 51 points, or 0.3 ...

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Stocks, pound fall again due to UK vote uncertainty

U.S. stocks indexes headed toward a sharply lower close in late-afternoon trading Monday, reflecting ongoing investor jitters over the fallout of Britain’s vote to leave the European Union. European stock markets extended their losses from Friday. The British pound, which last week plunged to its lowest level since 1985, continued to fall as traders expected the British economy would take ...

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Global stocks choppy after G-7 fails to deliver

Stock markets were choppy Monday after a meeting of the developed world’s central bankers and finance ministers failed to yield fresh ideas for spurring economic growth. KEEPING SCORE: In Europe, the main indexes pushed lower following early gains. France’s CAC-40 index was down 0.7 percent at 4,323 while Germany’s DAX fell 0.6 percent to 9,854. The FTSE 100 index of ...

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Global stocks drift lower on global growth concerns

Stock markets around the world and oil prices were weighed down Friday by concerns over the global economy ahead of a raft of U.S. and Chinese economic data. KEEPING SCORE: In Europe, Germany’s DAX was up 0.1 percent at 9,875 but the CAC-40 in France fell 0.2 percent to 4,283. The FTSE 100 index of leading British shares was 0.4 ...

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Stocks fall sharply as banks, tech sectors take a beating

Steep losses in financial, technology and other companies sent U.S. stocks sharply lower in midday trading Monday. The decline followed drops in Europe and set the market on course for its second big loss in a row. Crude oil prices slumped again. KEEPING SCORE: The Dow Jones industrial average fell 308 points, or 1.9 percent, to 15,897 as of 12:25 ...

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Stocks edge lower in early trading on Wall Street

NEW YORK — The stock market opened slightly lower after the government reported only modest job growth last month. The Dow Jones industrial average edged down 54 points, or 0.3 percent, to 16,359 as of 9:35 a.m. Eastern time. The Standard & Poor’s 500 index lost 12 points, or 0.7 percent, to 1,902. The Nasdaq composite gave up 36 points, or 0.8 ...

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An early gain for stocks is gone by midday; retailers sink

  NEW YORK — U.S. stocks are wavering between small gains and losses at midday after a mid-morning rally faded. Retailers had some of the biggest losses Thursday. Ralph Lauren plunged 17 percent after its revenue fell short of forecasts. Kohl’s also sank 17 percent. GoPro tumbled 13 percent after the maker of wearable cameras issued disappointing results. The price ...

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Stocks open higher, led by gains in technology, energy

U.S. stocks are opening higher, led by gains in big technology companies, which have had a rough start to the year. Intel and Apple each rose 2 percent in early trading Tuesday, the biggest gains in the Dow Jones industrial average. Energy stocks also did well in the early going as the price of oil turned higher. It had slumped ...

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Bumper US jobs figures give stock markets further lift

American employers added a robust 292,000 jobs in December, suggesting that the U.S. economy is so far defying global weakness and growing solidly. The strong figures underscore the resilience of the United States at a time of financial turmoil stemming from China’s slowing economy and plummeting stock market. Most economists expect U.S. consumer spending to continue to offset overseas weakness, ...

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