U.S. stocks and the euro retreated for a third day as concern about Italian banks kept Europe’s debt crisis in focus and Oracle Corp. led technology shares lower. Italian, Irish and Spanish bond yields surged, while the rate Treasury notes decreased to 2011 lows.
BusinessWeek.com — Finance
U.S. stocks fell, sending the Standard & Poor’s 500 Index lower for a third straight day, as concern about the European debt crisis intensified and Oracle Corp. dragged down technology shares.
BusinessWeek.com — Finance
U.S. stocks rose for the first time in seven weeks, preventing the longest losing streaks for the Standard & Poor’s 500 Index and Dow Jones Industrial Average since 2001, as concern about the American economy ebbed even as the Greek debt crisis deepened.
BusinessWeek.com — Finance
Asian stocks tumbled, with the region’s key benchmark index on course for its longest string of weekly losses in seven years, as rioting against planned austerity measures threatened Greece’s government and the global economic recovery.
BusinessWeek.com — Finance
Asian stocks fell, with the region’s key benchmark index on course for its lowest close since in almost three months, on concern that debt-ridden Greece will default and as reports showed the U.S. economy is cooling.
BusinessWeek.com — Finance
Asian stocks fell, setting the region’s key benchmark index on course for a seventh straight weekly drop, on concern that debt-ridden Greece will default and as reports showed the U.S. economy is cooling.
BusinessWeek.com — Finance
U.S. stocks fell, threatening the 2011 gain for the Standard & Poor’s 500 Index, on concern Greece will default and signs the American economy is cooling down.
BusinessWeek.com — Finance
Money managers remain bullish despite the Dow’s five-week drop
BusinessWeek.com — Finance