European markets were higher again Friday, helped by talk of a plan to allow the US Federal Housing Authority to guarantee loans for delinquent subprime mortgage holders so that they can refinance their loans at better rates and avoid foreclosure, on the theory that the plan will help relieve chaos in the mortgage marked and [...]

Most Asia-Pacific equities markets were higher on Thursday after Wednesday’s gains in the US markets and after US Federal Reserve chairman Ben Bernanke said in a letter to a US senator that the Fed is prepared to “act as needed” to preserve market stability and that the US central bank is watching events closely. In [...]

Most Asia-Pacific equities markets were lower again on Wednesday on reports of declining consumer confidence in the United States and on the sharp drop in US markets on Tuesday. In Australia, the S&P/ASX200 and the Sydney Ordinaries dropped by an identical 1.23 percent to 6,100.3 and 6,101.4 respectively. The declines there came in the banking [...]

Asia-Pacific equities markets were mixed Tuesday after new data on existing homes sales out of the United States Monday posed new concerns about the state of the US economy. Among those indices seeing gains were the Taiex, which added 0.11 percent to 8,727.55 in Taiwan. India’s Sensex gained 0.52 percent to 14, 919.19, while the [...]

The New York equities markets were lower in early afternoon trade on Monday after new data showed existing home sales dropped and inventories were higher in July. The Dow Jones Industrial Average was 0.22 percent lower to 13,349.93, while the Nasdaq Composite had dropped 0.49 percent to 2,564.19 and the S&P 500 fell 0.63 percent [...]

Equities markets in the Asia-Pacific region were mixed Friday as investors worried again about the state of the global economy. India’s Sensex was the biggest mover of the day after the Congress Party and the Communist Party there came to an agreement to jointly study a proposed nuclear energy deal with the United States, averting [...]

Most equities markets in the Asia-Pacific region were up Thursday, benefiting from a move by Bank of America (NYSE: BAC; TYO: 8648) to buy $2 billion worth convertible preferred stock in Countrywide Financial (NYSE: CFC), which gave investors confidence that the worst of the subprime mortgage chaos could be over. The Shanghai Composite added 1. [...]

In early afternoon trade on Wednesday the New York equities markets were up even though many banks were lower again. The Dow Jones Industrial Average was 0.59 percent higher to 13,167.93, while the Nasdaq Composite had added 0.67 percent to 2,538.25 and the S&P 500 had gained 0.49 percent to 1,454.17. Banks were lower after [...]

European markets were mixed Tuesday. The FTSE Eurofirst 300 was 0.15 percent lower to 1,479.61. While the Dax and the CAC-40 were higher, by 0.23 percent to 7,424.75 and by 0.36 percent to 5,418.78 respectively, Madrid’s IBEX fell 0.21 percent to 14,239.8. In the banking sector, Credit Agricole (Euronext: AGA) was 0.26 percent lower to [...]

Wall Street was lower in early afternoon trade on Monday. The Dow Jones Industrial Average was back down below the 13,000 level to trade at 12,993.32, a decline of 0.66 percent, just before 1:30 pm in New York, while the Nasdaq Composite had dropped 0.64 percent to 2,489.1 and the S&P 500 was 0.99 percent [...]