Wall Street retreats amid rising concerns on government shutdown

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Source: Reuters
© Scanpix/RS
U.S. stocks decreased on Wednesday falling for the second straight day amid lingering concerns that the first partial shutdown of the U.S. government in 17 years may be prolonged and as a report showed smaller-than-expected number of jobs added by employers last month. The Nasdaq Composite Index declined 2.96 points to 3,815.02, while the Dow Jones industrial average and S&P 500 Index fell as well.

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Thu, 03 Oct 2013 07:35:06 GMT

U.S. Dollar falls against most of its counterparts

The U.S. Dollar strengthened on Thursday solidifying its position against the Japanese Yen, at the same time, it fell versus the Euro and majority of other currencies amid positive development in Italy and the U.S. government shutdown. Italian PM Enrico Letta won the crucial vote of confidence called after Silvio Berlusconi ordered his allies from People of Freedom Party to

Thu, 03 Oct 2013 07:13:03 GMT

Australian services sector contracts in September

Service industry in Australia continued to decline in September; however, the pace of slump eased, with the benchmark AIG Index of performances in services sector advancing to 47.1 points against 39.0 in August. Meanwhile, the only reading above 50 points indicates the rise in sector. The report pointed out that the only sectors to increase in September were health and

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