Nov 30, 2010 4:14 PM ET
Stocks traded lower as investors focused on the rising sovereign debt yields in Europe. The dollar gained against the euro and gold closed higher. Google Inc is said to be nearing its largest deal to acquire online coupon marketer Groupon Inc for $6 billion.
Nov 30, 2010 10:25 AM ET
European market indexes declined and yields on sovereign bonds of Portugal, Spain and Ireland rose. The euro dropped to a 2-month low and fell 8% from the peak a month ago. German unemployment fell in November. ABB agreed to acquire U.S.-based Baldor Electric for $4.2 billion.
Nov 29, 2010 4:07 PM ET
U.S. stocks rebounded from the loss of more than 1% on better than expected retail sales. Euro declined as investors fear widening debt contagion in Europe after Ireland bailout. Commodities closed higher and crude oil, copper and gold edged up.
Nov 29, 2010 11:05 AM ET
European indexes fell sharply after Ireland agreed to terms of bailout and investors worried that the debt contagion may not be prevented from reaching to Spain. European confidence index increased in October. Banks and insurance companies declined.
Nov 29, 2010 10:35 AM ET
Market indexes in New York dropped more than 1% tracking losses in Europe. The European nations agreed to lend €85 billion to Ireland, the second nation to seek help and hoped that the debt contagion will be forestalled. Euro declined and banks fell. Holiday shopping data lifted retailers.
Nov 29, 2010 9:42 AM ET
European leaders and Ireland hammered out bailout conditions on late Sunday to stem the widening debt contagion in the euro-zone. Ireland agreed to tougher loan conditions and cut 15 billion in costs and interest rate of 5.8%.
Nov 26, 2010 10:30 AM ET
The European indexes fell on rising debt concerns in the euro-zone as leaders struggle to contain the spreading debt contagion. German CPI rose in November and French consumer spending declined in October. Euro area bank lending climbed in October. Spain mortgage approvals fell in September.
Nov 25, 2010 3:22 PM ET
Investors in Europe face rising sovereign debt stress and yields spreads widen as focus shifts to Portugal, Spain and Germany. Belgium banks have a significant exposure in Ireland. French consumer confidence improved in November and German building industry orders declined in September.
Nov 24, 2010 1:45 AM ET
The European indexes rose after German business confidence improved in November. Portuguese strike paralyzed the nation. Euro area industrial new orders fell in September.
Nov 23, 2010 1:22 AM ET
The European indexes fell on rising tensions between the Koreas and speculation of contagion fears in the region. Euro area consumer confidence and PMI rose in November. German economy expanded in the third quarter. French business confidence waned but private sector growth increased in November.