Europe, Asia markets mixed as Wall Street declines

Equities markets in Europe were mixed Wednesday, with London markets declining after the Bank of England said inflation could be as high as 5 percent later in the year. The FTSE 100 was down 0.71 percent to 5,976 in London, while the FTSE 250 dropped 0.31 percent to 12,017.9 as Pace plc (LSE: PIC) made [...]
European equities decline on lower credit rating for Greece

European equities markets were lower Monday as banks declined on Standard & Poor’s move to cut Greece’s credit rating from B to BB minus. The FTSE 100 was down 0.57 percent to 5,942.69 in London, while the FTSE 250 dropped 0.09 percent to 11,896.1 as banks dropped, the utilities sector was mostly lower, airlines and [...]
European, US equities markets see gains; Asia mostly lower

European equities markets were higher Tuesday as traders returned after the four-day weekend in observance of Easter. The FTSE 100 added 0.85 percent to 6,069.36 in London, while the FTSE 250 was up 0.5 percent to 11,869.4, with miners and the energy sector mixed while the technology sector was mostly higher, airlines saw gains on [...]
Europe, US, Asia equities markets see gains

Equities markets were higher globally on Wednesday. In Europe, the FTSE Eurofirst 300 was up 1.74 percent to 1,136.55 while the IBEX added 1.53 percent to 10,535.4, the CAC-40 was 2.46 percent higher to 4,004.62 with only three decliners and the Dax gained 2.98 percent to 7,249.19 with no losers. London’s FTSE 100 added 2.13 [...]
Wall Street ends lower despite rate cut

Wall Street was up right after the Federal Reserve announced on Wednesday that it was cutting its main interest rate by half a percentage point to 3 percent, but the markets ended the session lower. The Dow Jones Industrial Average dropped 0.3 percent to 12.442.83 while the Nasdaq Composite was down 0.38 percent to 2,349 [...]
Australian markets drop for 9th straight day

Equities markets in the Asia-Pacific region were mixed on Thursday. Among losers on the session, Australian markets were down for the 9th consecutive session, their longest losing streak in more than a decade. The S&P/ASX200 was down 0.23 percent to 5,796.1 while the Sydney Ordinaries fell 0.24 percent to 5,857. During the recent losing streak, [...]
Hang Seng drops nearly 400 points

Equities markets in the Asia-Pacific region were lower on Thursday on further concerns about US credit markets. The main exception to losses was the Shanghai Composite, which added 0.38 percent to 5,456.54. Australian indices saw the least of the losses as the S&P/ASX200 fell 0.15 percent to 6,078.7 and the Sydney Ordinaries dropped 0.2 percent [...]
Global equities drop on inflation fears

Equities markets in the Asia-Pacific region were lower on Monday on fears that growing inflation in the United States will cause the Federal Reserve to hold back on further interest rate cuts at a time when the economy is continuing to slow. The Shanghai Composite was down 2.62 percent to 4,876.76 while South Korea’s Kospi [...]
Hang Seng drops almost 4 percent on China reports

Asia-Pacific region equities markets were down Monday on the expectation that banks will report further losses due to exposure to the US subprime mortgage crisis. The biggest loss among major indices came in Hong Kong, where the Hang Seng dropped 3.88 percent to 27,665.73, a loss of 1,117.68 points on the session. The decline there [...]
Wall Street mixed after interest rate decision

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 after [...]