Jul 24, 2012 4:04 PM ET
Global markets extended losses for the third day in a row and the U.S. indexes accelerated declines. The euro fell to a new two-year low. Metals and energy prices also fell. Apple Inc and Samsung Electronics filed patent infringement suits in California.
Jul 24, 2012 9:57 AM ET
Stocks in Japan inched lower on the widening debt contagion in Spain and a downgrade on the advanced nations in the currency union. Toshiba declined 5% after the chipmaker plans to cut flash memory production by 30%. Sharp dropped to another 34-year low.
Jul 23, 2012 4:16 PM ET
Global markets plunged on the growing speculation that Spain may be forced to ask a larger bailout ans the crisis deepens. U.S. indexes closed down 1% and recovered from the earlier losses of 2% and European markets plunged between 3% and 5%. Pete’s Coffee agreed to a $1 billion offer.
Jul 23, 2012 11:17 AM ET
Nikkei index in Tokyo plunged the most in six weeks in light trading as investors lowered expectations in the euro zone as Spanish crisis broadens in the economy. Print makers declined after Xerox lowered its outlook. Resources linked stocks fell.
Jul 20, 2012 4:04 PM ET
Wall Street losses accelerated after technology and financial sectors led the decliners. Euro zone worries contributed to weak earnings from financials. Commodities halted two week rally and the oil declined for the first time in nine days.
Jul 20, 2012 1:25 PM ET
Stocks in Tokyo dropped on Friday and the Nikkei index closed down 3.9% in the week. Insurance and financial services stocks declined after weak economic data from the U.S. Toshiba gained but Yamato Holdings declined.
Jul 19, 2012 4:15 PM ET
U.S. indexes were flat after weak batch of economic data overshadowed generally positive earnings. Home sales fell in June and weekly unemployment claims rose. UK retail sales exceeded expectations and German lawmakers approved Spanish bailout with conditions.
Jul 19, 2012 8:40 AM ET
Stocks in Japan closed higher in thin trading and the yen gained for the second day in a row against the dollar and the euro. Advantest and Tokyo Electron jumped after Intel lowered sales outlook below expectations.
Jul 18, 2012 4:07 PM ET
U.S. indexes gained after two housing reports showed improvements. Bank of America said it plans to cut a total of $8 billion by 2015 and improved its Tier 1 ratio. Capital One agreed to pay $210 million from charges related to misleading customers.
Jul 18, 2012 11:17 AM ET
Stocks in Japan declined as the yen edged lower from its one-month peak. The Nikkei index traded below its 25-day moving average and few export sensitive stocks closed higher. Electric utilities declined after two nuclear power plants were found to be on top of n active fault line.