US stocks fall on European worries

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AFP
On Wednesday US market indexes closed at about 2% lower as weak German bond auction increased European yields. S&P 500 Index fell 2.2% or 26.25 to 1,161.79, Nasdaq Composite lost 2.4% or 61.2 points to 2,460.08 while Dow Jones Industrial Average declined 2.1% or 236.17 reaching 11,257.55. Phil Orlando, Federated Investors' strategist claims that investors' confidence of Europe's ability to tackle debt affliction is ruined.

 

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Thu, 24 Nov 2011 07:17:57 GMT

Asia stocks rebound while Japan declines

Most of Asian stock markets opened lower on Thursday, but during day recovered and closed higher. Hong Kong's Hang Seng Index edged up 0.5%, Australia's S&P/ASX 200 index advanced 0.2% whereas Shanghai Composite Index and South Korea's Kospi each added 0.3% and 0.6% respectively. Only Japanese equities extended losses as investors returned from holiday and share prices reflected yesterday's global developments. 

Wed, 23 Nov 2011 16:52:10 GMT

Russia ready to "destroy" US missile-defense

Dmitry Medvedev, President of Russian Federation, required the military to be ready to "abolish" command ability of US missile defense system in the European region. Medvedev claimed country may also place strike missiles across its western and southern flanks as well as position them in Kaliningrad. Russia warned US that ignoring its objections may initiate new arms competition between both countries.  

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