Jun 30, 2010 11:04 PM ET
U.S. stocks closed lower after a rating agency expressed negative comments on Spain and warned a ratings downgrade. Weaker than expected private sector hiring in the U.S. also contributed to the negative sentiment. Commodities traded mixed and the dollar edged lower. 10-year bond yields drop.
Jun 30, 2010 10:38 AM ET
The European markets slide after disappointing U.S. private sector employment report. ECB agrees to lend $161 billion to banks and extends bank support schemes in Netherlands, Slovenia, Greece and Poland. Portuguese government uses “golden share” to block Telefonica offer.
Jun 29, 2010 9:43 PM ET
World markets declined sharply after economic outlook on China was revised and U.S. consumer confidence faltered. Resource stocks plunged the most in a year. European markets dropped more than 3% as liquidity concerns at banks resurfaced and Greece faced another protest.
Jun 29, 2010 10:37 AM ET
European stocks edge lower after jitters about liquidity issues ahead of bank repayments to the European Central Bank later this week. IMF approves €383.2 million to Serbia. European Commission extends bank support schemes in Ireland, Spain, Denmark, and Hungary.
Jun 28, 2010 4:11 PM ET
U.S. stocks closed higher as personal income and spending rose. World leaders agreed to cut budget deficits by half in the next six years and recapitalize banks. Tobacco stocks traded higher after the Supreme Court rejected to hear the case between the U.S. and cigarette makers.
Jun 28, 2010 11:23 AM ET
European markets climb after the group of 20 leaders endorsed targets to cut deficits by at least half by 2013. Euro-zone private lending rose 0.2% in May. German consumer price inflation eases 0.1% in June.
Jun 25, 2010 8:38 PM ET
World leaders gather in Toronto to discuss the global economic health and future course of action. Three banks were seized by the U.S. regulators totaling bank failures to 86 for the year. Stocks struggled, bonds, metals and commodities gained after the U.S. lowered first quarter economic growth.
Jun 25, 2010 10:53 AM ET
European indexes fall on reports that the U.S. GDP expands 2.7% in the first quarter. The EC extends bank support schemes for Austria and Latvia. Spanish producer price inflation accelerates 3.8% in May.
Jun 24, 2010 4:00 PM ET
U.S. stocks turned lower amid mixed economic data and growing worries related to the euro-zone. Jobless claims declined at the end of last week and durable goods orders increased excluding volatile transportation orders. U.S. Treasury sold $108 billion of notes as yields hover near record lows.
Jun 24, 2010 11:22 AM ET
European markets fluctuate after moderate U.S. economic data and on worries concerning the euro area sovereign debt crisis. Euro-zone industrial new orders rise 0.9% in April. French consumer spending grows 0.7% in May.