Financial Market News
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1 hr ago | The News Tribune
The worries also spread to the European stock and bond markets. KEEPING SCORE: The Dow Jones industrial average dropped 173 points, or 1 percent, to 16,811 in the first 20 minutes of trading.
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1 hr ago | KCRA-TV Sacramento
U.S. stocks are down sharply Thursday as jitters about a Portuguese bank and ugly economic data raise more doubts about whether Europe is recovering.
2 hrs ago | Ledger-Enquirer.com
The finance ministry said Thursday it had accepted 1.5 billion euros of the 3 billion euros offered by investors, and that the yield had been set at 3.5 percent.
4 hrs ago | San Jose Mercury News
Today: Gigamon plummets after revealing that earnings report will not live up to expectations.
Hollywood's summer at the box office isn't just missing nearly 20 percent of last summer's revenue.
This March 14, 2014 file photo shows the Federal Reserve headquarters building in Washington.
Stocks inched higher midday Wednesday, reversing a two-day decline, as the quarterly earnings season got underway with some positive news from the giant aluminum company Alcoa.
The Dow Jones industrial average, the S&P 500 and the Nasdaq were all up around 0.2% to 0.4%.
As global watchdogs warn that euphoric financial markets are divorced from economic reality and acting out some reprise of the credit bubble and bust of the past decade, fears of another subprime timebomb are inevitable.
The selling Tuesday follows record closes last week. The Dow Jones industrial average ended below 17,000, a level it topped Thursday for the first time in its 118-year history.
The dollar eased and global equity markets fell on Tuesday as investors stepped back ahead of second-quarter earnings reports and after successive record highs last week for several major stock indices.
This was the 30th trading day so far this year that the Nasdaq has moved more than 1 percent up or down.
HSBC downgraded its investment outlook on Hong Kong, citing fears over a pro-democracy movement in the city but the banking giant later altered its report, severely toning down the emphasis on public unrest.
The Dow Jones industrial average fell below 17,000 for the first time since crossing that threshold last week on news that employers have been hiring more.
Europe's main stock indices and lower-rated government bonds slipped on Tuesday amid reports of new U.S. fines for banks and dimming prospects the European Central Bank will launch an asset purchase program.
Asian stocks were subdued on Tuesday as Wall Street turned cautious ahead of the corporate reporting season and earnings guidance from regional tech heavyweight Samsung came in well short of forecasts.
Updated: Thu Jul 10, 2014 07:50 am
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