The euro gained against the dollar, as lower-than-expected demand for a European Central Bank lending program allayed some fears over the region’s banking sector.
But disappointing U.S. private-sector jobs data took some shine of currencies most closely tied to global growth, such as the Australian, New Zealand and Canadian dollar.
The euro-zone funding results are “a sign [...]
Posts Tagged ‘stocks’
Euro Gains on ECB Relief
June 30th, 2010 by HardMoney Writer
Tags: borrowers, consumers, euro zone, European Central Bank, financial lending, global recovery, investments, stocks
more...US Stocks Wobble As Earnings Boost Market; Worries Persist
May 17th, 2010 by HardMoney Writer
U.S. stocks wobbled between small gains and losses at the open Monday after earnings from Lowe’s and General Motors encouraged investors but worries persisted over the stability of the euro zone.
The Dow Jones Industrial Average gained 33 points, or 0.3%, to 10653 in early trading. American Express rose 1.6% after joining with U.K. private equity [...]
Tags: Dow Jones Industrial, economic recovery, economy, financial, financial market, global recovery, investors, money, stocks, US Economy, wall street
Euro-zone troubles may keep stocks on edge
May 15th, 2010 by HardMoney Writer
Stocks could face more volatility next week as growing doubts about whether Europe can solve its deepening debt crisis are likely to take center stage again.
A $1 trillion rescue package unveiled at the week’s start gave only temporary relief to investors, who are increasingly worried about the impact of the crisis on the global recovery [...]
Tags: Commodities, debt crisis, Dow Jones Industrial, economy, financial, financial market, global recovery, stock market, stocks, US Economy, wall street
Stocks fall on renewed concerns about Greek debt
April 22nd, 2010 by HardMoney Writer
NEW YORK — Investors are looking past a jump in home sales and focusing on concerns about Greece’s debt problems.
The National Association of Realtors says Thursday that home sales rose 6.8 percent last month after falling 0.8 percent in February. Buyers are trying to stay ahead of a tax credits that expire at the end [...]
Tags: Dow Jones Industrial, economic recovery, financial, financial crisis, global financial crisis, hard money, investors, stocks
Wall St. Slips but Ends Week With Gains
February 13th, 2010 by HardMoney Writer
Stocks were mostly lower Friday as a move by China to curb bank lending and economic data in the United States and Europe raised fears that the global recovery might be in jeopardy.
Even so, Wall Street stocks ended off the day’s lows as investors bet that the European Union would devise a clear plan to [...]
Tags: business inventories, euro zone, european union, Financial Markets, global recovery, stocks, wall street
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