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 […]

In Europe, equities markets were higher on the session. The FTSE Eurofirst 300 was 0.65 percent higher to 1,539.28. Frankfurt’s Dax was up 0.45 percent to 7,804.15, while the CAC-40 added 0.87 percent to 5,690.77 and the IBEX jumped 1.59 percent to 14,540.5 in Madrid. Utilities saw gains. In Frankkfurt, RWE […]

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 […]

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 […]

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 […]

European markets were lower on the session, led by declines in banks that are still beset by problems in the credit market. The FTSE Eurofirst 300 was 1.28 percent lower to 1,493.85. In Frankfurt the Dax dropped 0.66 percent to 7,425.07, while the IBEX was down 1.21 percent to 14,553.1 in Madrid and […]

Asia-Pacific equities markets were mixed on Tuesday as investors waited to see what the US Federal Reserve would do about interest rates and how it would characterize the current mess in the subprime market. Decliners included Hong Kong’s Hang Seng index, which fell 0.13 percent to 21,907.99 and the Straits Times index in Singapore […]

Equities markets in the Asia-Pacific region dropped sharply on Wednesday as continuing troubles in the subprime mortgage sector and around corporate debt worried investors as it became clear that the damage would not be limited to US markets. Taiwan’s Taiex index saw the worst of the losses, dropping 4.26 percent to 8,891.88. The […]

Equities markets in the Asia-Pacific region were mostly lower again on Thursday. The Shanghai Composite was again an exception as it added 0.52 percent to 4,346.46, a new record high, on corporate profits reports that have been better than anticipated in the first half of the year. The other exception was India’s Sensex, […]

Most Asia-Pacific equities markets were lower again on Wednesday. India’s Sensex index was an exception, but it only added 0.07 percent to 15,301.17. In Australia, the Sydney Ordinaries dropped 0.79 percent to 6,367.2, while the Hang Seng index in Hong Kong fell 0.93 percent to 22,841.92 and the Straits Times index in Singapore […]