May 31, 2012 7:33 PM ET
Wall Street delivered one of the worst monthly performances in the last three years as global markets dropped, the euro declined and oil and gold fell. S&P 500 index declined 6.3%, Indexes in Europe fell more than 6% and Nikkei slumped 10.2%. Gold eased 6% and oil dropped 17.5% in the month.
May 31, 2012 9:11 AM ET
Stocks in Tokyo closed down and finished May with a loss of 10.3%, the worst monthly decline in the last two years. The yen gained and bond yields dropped after euro zone stress drove investors to the safety of few select governments bonds. Nuclear utilities operators rose on the prospect of restart
May 30, 2012 5:26 PM ET
World markets extended losses and the euro fell to a 2-year low as investors prefer bonds of U.S., Germany, UK, Switzerland and Japan. Swiss bond yields turned negative at the latest auction and the U.S. bond yields fell to record low as Spanish yields jumped to a record since joining the euro.
May 30, 2012 10:17 AM ET
Stocks in New York fell after European markets eased and bond yields of Spain reached a new high. Pending home sales fell in April. Research in Motion plunged 10% after it estimated operating loss and hired bankers for a strategic review. Apple chief confirmed the interest in building a TV device.
May 30, 2012 9:30 AM ET
Stocks in Tokyo recovered from the early decline of 1% in the Nikkei index but Spain and the euro zone worries dragged market sentiment. Olympus soared 5% on the speculation that it may seek capital from Panasonic or Sony and Renesas Electronics rebounded 27% after losing half its value this month.
May 29, 2012 3:41 PM ET
Stocks in New York traded higher and the growing financial contagion spread to Spain dragging the euro to a 2-year low as investors seek the safety in currencies and increase the U.S. dollar exposure. Commodities traded volatile and gold fell.
May 29, 2012 10:33 AM ET
Stocks in Tokyo gained but pared earlier gains on domestic corporate and the euro zone export worries. Panasonic, Renesas and Sony were in focus. Rising bond yields in the peripheral euro zone also stoked fears of another financial contagion in the currency union.
May 28, 2012 10:07 AM ET
Stocks in Tokyo gained and Renesas Electronics plunged 11% after the company plans to eliminate 12,000 jobs and raise $1.3 billion. In light trading stocks generally drifted up. Nomura was linked to second insider trading case and Sumitomo Heavy confirmed it was suspended from a defense contract.
May 25, 2012 4:01 PM ET
U.S. stock fluctuated as world markets focused on the ongoing financial and debt crisis in Spain and the euro zone. The troubled Spanish home lender Bankia asked $19 billion in government bailout as the bank battles with high default rates.
May 25, 2012 8:17 AM ET
Stocks in Tokyo traded sideways and the Nikkei index declined for the eighth week in a row and extended losses to 16% from the peak in late March. Japan Tobacco agreed to acquire Belgium based cigarette maker Gryson NV for $600 million.