Dec 31, 2009 4:02 PM ET
U.S. stocks fell on the last day of trading and closed up in the year. The S&P 500 index added 24% and the Dow increased 19%. European markets gained more than 22%. Russia led the world markets with a surge of 126% followed by gains of more than 80% in Brazil, India and China.
Dec 31, 2009 2:49 PM ET
China region stocks closed higher on the last trading day of the year. The benchmark indexes in Shanghai surged 80% and in Hong Kong advanced 53% in the year on a large government stimulus and increase bank lending.
Dec 31, 2009 2:06 PM ET
European markets closed mixed today but close up in the year. The benchmark index in Norway led the region with a rise of 70% and indexes in German gained 25% followed by increase of 22% in France and UK. Toronto judge approved $12 million settlement for Air France accident four years ago.
Dec 31, 2009 1:37 PM ET
UK stocks advanced 22% in the year and rebounded 53% from their lows in March. The index lost 31% in 2008 and lost 22% in the decade. Miners, banks and home builders gained. UK home prices increased for the eighth month in a row.
Dec 31, 2009 12:25 PM ET
YRC Worldwide reached a last minute agreement with its bond holders that will dilute shareholders more than expected. Scanning and detection security systems providers surged for the second day in a row on the hopes of higher sales after a failed terrorist attempt.
Dec 31, 2009 11:53 AM ET
The Australian benchmark index increased 31% in the year with a gain of 0.8% on the last day of trading. The Australian dollar advanced after the Reserve Bank of Australia said that bank lending increased 0.1% in November. For the year the Australian dollar is up 28% against the dollar.
Dec 31, 2009 11:26 AM ET
Mumbai stocks close up on the last day of trading surge 80% for the year but the Sensex index is still below its highs of 2007. Foreign investors continue to pour capital in India stocks with flows in the year expected to reach $14 billion, a sharp rise from $1 billion at the start of the decade.
Dec 31, 2009 4:05 PM ET
U.S. stocks trade sideways on the last of trading in the year. A fall in jobless claims in last week powered a slight gain in the dollar. Commodities gained and copper, gold and silver closed higher. Emerging markets defied skeptics to register 80% plus gains with steady fund flows.
Dec 30, 2009 6:12 PM ET
Finance Minister Mukherjee said India cannot sustain its current high fiscal deficit and need to strike a balance between growth and inflation. Budget deficit is expected to surge to record 16-year high. Stocks decline after gaining 5% in four days in a row.
Dec 30, 2009 5:47 PM ET
China is expected to a sharp increase in inflation in December as energy and commodities prices rise. China estimated $16 billion of international inflows in November that may be contributing to the asset price inflation.