Wall Street resumes advance on positive economic data

Posted by admin on April 1, 2009 under News | Be the First to Comment

Wall Street resumes advance on positive economic data
If Wall Street can get more evidence that the economy is bottoming out, it has a better chance of making up the sharp losses logged this year. The Dow is still down 14.3 percent for 2009, but up 14.5 …

Oil prices slide under $50 on economic woes (AFP)

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Oil prices slide under $50 on economic woes (AFP)

A petrol pump is seen at a petrol station. Oil prices sank underneath 50 dollars per barrel on Monday, in line with stock markets on renewed concerns for the global economy and the struggling US auto sector, traders said.(AFP/File/Nicolas Asfouri)AFP – Oil prices sank underneath 50 dollars per barrel on Monday, in line with stock markets on renewed concerns for the global economy and the struggling US auto sector, traders said.


Wall Street retreats after three-week rally on auto, financial industry woes; Dow falls 254

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Wall Street retreats after three-week rally on auto, financial industry woes; Dow falls 254
NEW YORK (AP) – Wall Street's March rally is on hold after the White House rejected turnaround plans from General Motors Corp. and Chrysler and gave investors an economic reality check. Major ind…

Oil prices slide under $50 on economic woes (AFP)

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Oil prices slide under $50 on economic woes (AFP)

A petrol pump is seen at a petrol station. Oil prices sank underneath 50 dollars per barrel on Monday, in line with stock markets on renewed concerns for the global economy and the struggling US auto sector, traders said.(AFP/File/Nicolas Asfouri)AFP – Oil prices sank underneath 50 dollars per barrel on Monday, in line with stock markets on renewed concerns for the global economy and the struggling US auto sector, traders said.


Stocks Slide As U.S. Warnings Weigh; Brazil Cuts Growth View

Posted by admin on March 31, 2009 under News | 6 Comments to Read

Stocks Slide As U.S. Warnings Weigh; Brazil Cuts Growth View
Latin American stocks tumbled Monday, hit as part of a worldwide slide in equities, as investors braced for the possibility that U.S. banks will need more capital support and that automakers

Stocks tumble as automaker plans are rejected (AP)

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Stocks tumble as automaker plans are rejected (AP)

The numbers are displayed on a board at New York Stock Exchange shortly after the closing bell, Monday, March 30, 2009 in New York. Wall Street's March rally is on hold after the White House rejected turnaround plans from General Motors Corp. and Chrysler and gave investors an economic reality check. (AP Photo/Mary Altaffer)AP – Wall Street’s March rally is on hold after the White House rejected turnaround plans from General Motors Corp. and Chrysler and gave investors an economic reality check.


US stocks slide amid concerns for car industry

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US stocks slide amid concerns for car industry
New York – US stocks tumbled Monday amid concerns over the fate of the struggling car industry, which will be given a last chance to restructure operations or lose government support. President Barack…

European shares ending week lower (AFP)

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European shares ending week lower (AFP)

Traders work at the stock exchange in Frankfurt, western Germany, October 2008. Europe's main stock markets fell on Friday following a late sell-off in Asia which came despite an overnight rally on Wall Street.(AFP/DDP/File/Thomas Lohnes)AFP – Europe’s main stock markets fell on Friday following a late sell-off in Asia which came despite an overnight rally on Wall Street.


World stocks plummet as auto sector reels

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World stocks plummet as auto sector reels
Global stock markets dived on Monday as fresh woes for the global auto sector and extremely weak economic data triggered a rush to dump shares and cash in on a recent rally, traders said. After the…

World stocks plummet as auto sector reels (AFP)

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World stocks plummet as auto sector reels (AFP)

A pedestrian passes before a share prices board in Tokyo. Global stock markets dived on Monday as fresh woes for the global auto sector and extremely weak economic data triggered a rush to dump shares and cash in on a recent rally, traders said.(AFP/Yoshikazu Tsuno)AFP – Global stock markets dived on Monday as fresh woes for the global auto sector and extremely weak economic data triggered a rush to dump shares and cash in on a recent rally, traders said.