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Wall Street bounces from early loss
NEW YORK, Oct. 6 (Xinhua) -- Wall Street rebounded Monday afternoon from early deep losses as investors hunted for bargain after the major indexes plunging more than 7 percent. However, the Dow Jones industrial average was down more than 300 points tomore
Nikkei Loses More Than 300 Points in Early Trade
Tokyo, Oct. 6 (Jiji Press)--The key 225-issue Nikkei average was sharply lower in early trading on the Tokyo Stock Exchange Monday, losing more than 300 points briefly. At 9:25 a.m., the average was down 310.19 points from Friday at 10,627.95, the lowestmore
HK stocks slump despite regulators' efforts
Hong Kong shares dropped 5 percent yesterday to close below 17000 points for the first time in more than two years, as China stocks sank despite fresh attempts by regulators to prop up the mainland market. The decline gathered force in the afternoonmore
Nikkei tumbles to five-year low, below 10,000 [XFNA]
TOKYO, Oct 7 (Reuters) - Japan's Nikkei stock average tumbled to a five-year low shortly after the start of trade on Tuesday, sliding below 10,000 for the first time since December 2003 on growing fears over the global economy and a sharply stronger yen.more
Severe recession in stock markets all over world
KARACHI: Today, all stock markets of the world were under severe recession while trading was stopped in the stock exchanges of Russia and Ireland.Severe recession was seen in all stock exchanges of the world as no agreement has reached regarding themore
JGB 10-year yield hits 6-mth low on Nikkei slide [XFNA]
TOKYO, Oct 7 (Reuters) - The benchmark 10-year Japanese government bond yield hit a six-month low on Tuesday as Tokyo shares tumbled on global economic concerns and a stronger yen. The 10-year yield declined 1.5 basis points to 1.355 percent, its lowestmore
Tokyo stocks open lower on U.S. equity plunge, Nikkei briefly below 10,000null
(EDS: INCORPORATING EARLIER STORY HEADLINED 'NIKKEI FALLS BELOW 10,000 MARK FOR 1ST TIME SINCE DEC. 2003) Tokyo stocks opened sharply lower Tuesday, sending the key Nikkei index below the 10,000 mark for the first time since December 2003 on a plunge inmore
Stocks fall as yen edges higher
HONG KONG: The Japanese currency, perceived as a relative safe haven, edged up further in early Asian trade on Tuesday, after staging its biggest one-day rise against the U.S. dollar since 1998 on Monday. By Tuesday morning, it traded at 101.80 permore
Stocks slump despite regulators' efforts
Hong Kong shares dropped 5 percent yesterday to close below 17000 points for the first time in more than two years, as China stocks sank despite fresh attempts by regulators to prop up the mainland market.The decline gathered force in the afternoonmore
Wall Street tumbles following global sell-off
as investors were worried about financial chaos and economic slowdown around the world. Investors feared that the Bush administration's 700 billion U.S. dollar rescue plan couldn't avert economic slowdown and will not quickly unfreeze the credit markets.more
Wall Street sinks on recession
NEW YORK ? US stocks slid for a fourth straight day on Monday, leaving the Dow below 10,000 for the first time in four years, on fears the global economy was hurtling into recession despite government efforts to contain the fast-spreading financialmore
Stocks Tumble to Four-Year Low After Global Selloff
Traders work on the floor of the New York Stock Exchange (NYSE) October 06, 2008 in New York City. (Spencer Platt/)Despite passage of the $700 billion bailout plan from the government, the Dow Jones Industrial Average tumbled below 10,000 for the firstmore
ASIA MARKETS: Nikkei Drops Below 10,000 As Sell-off Continues
','http:ads.cnn.com/html.ng/site=cnn_money&cnn_money_pagetype=article&cnn_money_position=220x200_ctr&cnn_money_rollup=markets_and_stocks&cnn_money_section=quigo Asian markets fell sharply again Tuesday after deep losses on Wall Street, with Japanesemore
Broad Weakness in the Stock Market, Then and Now
A quick scan of data suggests that slightly over half of all NYSE-listed stocks made fresh 52-week lows on Monday, continuing the expansion of weakness described in the recent indicator update. Such broad weakness is not common. Indeed, since 1965, Imore
Panicked global markets reel, Wall Street plunges below 10,000 pts
shaken by massive sell-offs by panicked investors who fear a much-vaunted US finance sector bailout will fail to end a crippling credit crisis. 'There is all-out panic,' said ING senior strategist Adrian van Tiggelen. 'Everyone had hoped that after themore
Stocks lower at noon on RBA rate wait
Australian stocks were lower at noon as the market anticipates an interest rate cut by the Reserve Bank of Australia, and after heavy losses on Wall Street. At 1200 AEDT, the benchmark S&P/ASX200 was down 94.4 points, or 2.08 per cent, at 4446, while themore
Crisis drives Nikkei below 10,000 to 5-year low
TOKYO, Oct 7 (Reuters) - Fears surrounding the global financial crisis drove Japan's Nikkei stock average down more than 5 percent on Tuesday to a five-year low below 10,000, before some bargain hunters emerged to erase some of the losses. A strongermore
Seoul shares fall on worsening econ, banking fears
SEOUL, Oct 7 (Reuters) - Seoul shares traded lower on Tuesday as deepening worries about the global credit crisis sent heavy industry and banking issues lower, but a weakening won helped some tech issues outperform the benchmark index. The Koreamore
Darling in talks with banks as RBS tops list of stockmarket casualties
Britain's bank bosses held a protracted meeting with Alistair Darling last night after another turbulent day for bank shares during which was one of the biggest casualties on the stockmarket, dropping 20% amid uncertainty about the government's plans tomore
Crisis drives Nikkei below 10,000 to 5-year low
(Reuters) - Fears surrounding the global financial crisis drove Japan's Nikkei stock average down more than 5 percent on Tuesday to a five-year low below 10,000, before some bargain hunters emerged to erase some of the losses. A stronger yen, holdingmore
Crisis drives Nikkei below 10,000 to 5-year low
(Updates to midmorning) By Elaine Lies TOKYO, Oct 7 (Reuters) - Fears surrounding the global financial crisis drove Japan's Nikkei stock average down more than 5 percent on Tuesday to a five-year low below 10,000, before some bargain hunters emerged tomore
Wall Street rebounded Monday afternoon from early deep losses as investors hunted for bargain after the major indexes plunging more than 7 percent.•
Photo Gallery>>> Photo Gallery>>> NEW YORK, Oct. 6 (Xinhua) -- Wall Street rebounded Monday afternoon from early deep losses as investors hunted for bargain after the major indexes plunging more than 7 percent. However, the Dow Jones industrial averagemore
Pummeled Indonesian Stocks Could Fall Again
(RTTNews) - The Indonesian stock market has seen its losing streak hit four sessions now, punctuated on Monday by the largest single-day decline ever. The market was making up for lost time after missing the final four days of the previous trading weekmore
ASIA MARKETS: Nikkei Drops Below 10,000 As Sell-off Continues
Both benchmarks took losses into a fourth straight session, as investors were gripped by nervousness over the spreading malaise in the global credit markets and doubts about the effectiveness of the U.S. government's $700 billion Australia's S&P/ASX 200more
Australian market trades sharply lower on global cues
(RTTNews) - The Australian stock market was trading sharply lower on Tuesday after Wall Street finished with steep triple-digit losses on Monday amid the continuing uncertainty about the implementation of the U.S. government's financial bailout plan asmore
Japanese market trades sharply lower; Nikkei down 4%
the Japanese stock market was trading sharply lower on growing concerns about the global economy, while a stronger yen weighed on export-oriented stocks. The benchmark Nikkei 225 Index recovered slightly after falling below the 10,000 level for the firstmore
Aussie stocks hit 3-year low
The Australian share market has hit a three-year low after global stockmarkets plunged overnight. Local stocks lost nearly 3 per cent, with the All Ordinaries index down 133 points to 4,412. The Australian dollar hit a four-year low of about 70 US centsmore
Recruiter: 50,000 More Layoffs on Wall Street Before the Years End
Financial services companies have now slashed almost 200,000 jobs since the credit crunch began last year, and the pace of cutbacks is expected to accelerate considerably over the next several months. Since August 2007, financial institutions havemore