US stocks and stock futures decline

Source: Bloomberg
Standard & Poor's 500 Index lost 0.8% and slid to 1322.39 by 12:30 GMT today. Index has lost 5.4% of its value since the start of the month. S&P 500 intraday futures lost 0.74% giving away 9.9 points and decreasing to 1323.5. NASDAQ futures lost 21 points (0.82%) and decreased to 2538.5. Dow Jones futures lost 0.64% and decreased to 12502.00. Specialist state that Greek concerns continue to shake markets even after pro EU bailout parties wining latest polls.
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Wed, 30 May 2012 15:47:00 GMT

Eurozone economic confidence decreases more than anticipated in May

Economic confidence in the Euro zone decreased more than anticipated in May. The gauge decreased by 2.3 from April and slid to 90.6, the lowest level in more than two years. Economic sentiment amongst European manufacturers decreased further and was -11.3, the lowest in almost one and a half year. Confidence in the service sector decreased to -4.9 while consumer confidence

Wed, 30 May 2012 20:10:05 GMT

Ireland seeks for support from the ESM

Ireland hopes to ensure additional funding beyond the received EUR 85 billion in December, which will be determined by the upcoming referendum Thursday 31 May. The purpose of the referendum is to receive the approval (or rejection) of the Irish people for imposing austerity in terms of taxes and spending control. According to Enda Kenny, Prime Minister, if the Irish agree to the treaty, the

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