Keith Springer News
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Emerging-market stocks fell, sending the benchmark index down for the first time in seven days, as Standard & Poor’s said it may downgrade the European Financial Stability Facility, fueling concern the region’s debt crisis will hurt the global economy.
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Emerging-market stocks fell to a 14-month low after the Federal Reserve said there are “downside risks” to the economic outlook and planned to replace much of the short-term debt in their portfolio with longer-term Treasuries.
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U.S. stocks rallied, breaking a four-week losing streak for the Standard & Poor’s 500 Index, as Federal Reserve Chairman Ben S. Bernanke indicated the economy isn’t deteriorating fast enough to warrant any immediate stimulus amid valuations close to the lowest in 2 1/2 years.
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Emerging-market stocks rose, driving the benchmark index to its first weekly gain in five, as Federal Reserve Chairman Ben S. Bernanke stopped short of signaling further stimulus to aid the economy, easing investors’ concern about the outlook for growth.
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U.S. stocks rose for a second week as Federal Reserve Chairman Ben S. Bernanke said more stimulus may be needed to protect the economic recovery and better-than- estimated earnings boosted investor confidence.
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Emerging-market stocks fell for the first time in six days after hiring in the U.S. unexpectedly stagnated as U.S. employers became less confident in the recovery of the world’s largest economy.
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And you think Starbucks is expensive?
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Swiss stocks fell for a second day as uncoordinated attempts by policy makers to resolve Europe’s debt crisis unnerved investors.
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