US stock markets tumble on Tuesday

Source: Reuters
US equities experienced a worst day in last three months on returning fears about Greece's default and the impact of China's slowdown on global economy. S&P 500 index fell 1.54% or 20.97 points and finished at 1,343.36 while Dow Jones Industrial Average index plunged 1.57% or 203.66 points and closed at 12,759.15. Nasdaq Composite tumbled 1.36% or 40.16 points to 2,910.32.
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Wed, 07 Mar 2012 09:56:43 GMT

Loonie depreciates on global risk concerns

Canadian Dollar weakened against greenback on Tuesday as investor worries about global growth curbed demand for higher yielding assets including shares and commodities. Canada's currency lost 0.7% against US Dollar dropping to CAD 1.0019. Currently USD/CAD is trading at CAD 0.9997.

Wed, 07 Mar 2012 09:36:49 GMT

European share markets lower on global worries

European stocks extended losses on Tuesday as investor worries about global economic outlook and Greece debt swap outcome returned. Stoxx Europe 600 lost 2.7%, UK FTSE 100 tumbled 1.9% and German DAX plunged 3.4%. French CAC 40 index fell 3.6% while Italian FTSE MIB index gave up 3.4%. 

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