After the Federal Reserve announced that it has cut interest rates by another quarter point to 4.5 percent, New York equities markets were mixed at midafternoon after having traded uniformly higher before the decision was released. The Dow Jones Industrial Average was up 0.21 percent on the day so far to 13,821 up again […]

Wall Street was lower in afternoon trade on Tuesday ahead of Wednesday’s decision on interest rates by the Federal Reserve and after the Conference Board reported that consumer confidence was down in October, to its lowest level in two years. More disappointing corporate results did not help matters. The Dow Jones Industrial Average […]

Equities markets in the Asia-Pacific region were higher again on Monday, with some indices reaching new records. In India, the Sensex rose above 20,000 for the first time, going as high as 20,024.67 during the session on record buying from investors in Europe and the United States. While the index dropped back below […]

Asia-Pacific stocks were higher Friday. In Hong Kong, the Hang Seng index added 1.84 percent to 30,405.22, closing over 30,000 for the first time and setting a new closing record after rising to 30,562.63 during the session for an all-time intra-day high. Meanwhile in South Korea the Kopsi index gained 2.6 percent to […]

Europe’s markets saw gains on Thursday. The FTSE Eurofirst 300 was up 1 percent to 1,565.18. Madrid’s IBEX added 1.02 percent to 15,386, while the Dax gained 1.32 percent to 7,932.44 and the Paris CAC-40 jumped 1.51 percent to 5,760.3. Telecommunications utilities did well on the day after France Telecom (Euronext: FTE; […]

Most Asian markets were lower on Wednesday, worried by a report that investment bank Merrill Lynch (NYSE: MER; TYO: 8675) will likely write down $2.5 billion more in the third quarter than previously estimated, adding to concerns over the effect of the subprime crisis. The bank had previously estimated it would write down around […]

Wall Street was up in early afternoon trade after declines earlier in the day. The Dow Jones Industrial Average added 0.17 percent to 13,545.43, while the Nasdaq Composite gained 0.81 percent to 2,747.17. And the S&P 500 was 0.23 percent higher to 1,504.04. In the pharmaceuticals sector, Merck (NYSE: MRK) added $1.21 to […]

Asian and Pacific region equities were lower Friday. The Shanghai Composite was 0.12 percent lower to 5,818.05, while in Taiwan the Taiex was down 0.26 percent to 9,611.72. Australian markets declined on losses in the banking and mining sectors. The Sydney Ordinaries fell 0.85 percent to 6,723.3 and the S&P/ASX200 dropped 0.91 […]

European markets were mixed Thursday, with more losers than gainers. The gainer was Madrid’s IBEX, which added 0.5 percent to 15,507.1. Elsewhere, the pan-European FTSE Eurofirst 300 was down 0.78 percent to 1,572.92. In Frankfurt, the Dax dropped 0.8 percent to 7,921.4. The Paris CAC-40 fell 0.89 percent to 5,767.24. […]

Equities markets in Asia and the Pacific were mixed on Wednesday, with most major markets seeing declines on the session. The most notable decline came in India, where the Sensex dropped 1.76 percent to 18,715.82 after dropping nearly 10 percent at one point in the day, forcing trade to stop for an hour. […]