U.S. shares fall 4th session in row on stimulus

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Source: Reuters
Wall Street shares edged lower on Wednesday closing lower for the fourth successive session with about 60% of traded stocks on the NYSE falling amid concerns over the Federal Reserve monetary policy and its scale-back. The Standard & Poor's 500 Index declined 0.13% to 1,792.81, the Dow Jones industrial average fell 0.16% to 15,889.77 and the Nasdaq Composite Index added 0.02% to 4,038.00.

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Thu, 05 Dec 2013 08:34:05 GMT

Yen weakens before U.S. labour data

The Japanese currency declined on Thursday and traded near the weakest level in five years against the euro-area currency and a six-month trough versus the U.S. Dollar before a report showed situation on the U.S. labour market. The Yen dropped to 102.39 per U.S. Dollar following a slide to 103.38 earlier this week, while it traded at 139.06 per Euro,

Thu, 05 Dec 2013 08:12:04 GMT

Asia's stocks tumble on Fed's stimulus

The majority of Asian shares sank on Thursday led by drops of Japanese shares and as global bond yields were seen rising amid speculation that the Federal Reserve may trim its stimulus measures earlier than expected as the U.S. economy improves. The MSCI broadest Asia-Pacific gauge outside Japan tumbled 0.3%, while Australian benchmark index slid 0.8%.

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