US shares plunge on renewed anxiety about Greece elections

Source: Marketwatch
US stock indices posted a sharp losses as concerns over the outcome of upcoming Greek elections returned. Moreover Spanish bailout request added to worries the European debt turmoil actually keeps broadening. S&P 500 index fell 1.26% or 16.73 points to 1,308.93. Dow Jones Industrial Average shed 1.14% or 142.97 points and closed at 12,411.23. Nasdaq Composite gave up 1.70% or 48.69 points and finished at 2,809.73. 
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Tue, 12 Jun 2012 08:12:43 GMT

European shares pare gains on Spanish uncertainty

European stocks erased gains on Monday after Italian and Spanish borrowing costs surged. Investors expressed doubts if Spank debt aid will be sufficient to tackle the nation's debt trouble. Moreover upcoming Greek elections created additional uncertainty. Stoxx Europe 600 traded flat, Spanish IBEX 35 declined 0.5% and Italian FTSE MIB index fell 2.8%. UK FTSE 100 ended marginally lower while

Tue, 12 Jun 2012 07:48:38 GMT

Yen gives up gains on IMF prediction

The Japanese Yen offset gains versus its major peers on Tuesday after the IMF fuelled speculation global leaders will support Japanese policy makers' attempt to depreciate the local currency. Yen sank 0.3% against the Euro to JPY 99.44 and slippped 0.1% versus the greenback to JPY 79.55. Currently EUR/JPY is trading at JPY 99.32 and USD/JPY is trading at JPY 79.49

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