Dec 30, 2011 4:39 PM ET
The U.S. indexes struggled to hold slim gains in 2011 and the S&P 500 closed flat and the Nasdaq fell 1.9%. The Dow, considered too narrow for most investors, gained 5.5%. Emerging markets led the global decline with India down 25%, Brazil and Russia dropping 18% and China falling 22%.
Dec 30, 2011 10:31 AM ET
Stocks in Japan suffered from multiple forces driving the market lower for the second year in a row. The Nikkei declined 17.3% in the year after falling 3% in 2010. Freight shippers led the decliners with more than 50% fall and machinery makers and electronics exporters suffered as the yen gained.
Dec 30, 2011 9:29 AM ET
The UK indexes gained but for the year plummeted 6%. The UK home prices dropped 0.2% on a monthly basis in December and housing equity injections slowed in the third quarter.
Dec 30, 2011 4:28 PM ET
The U.S. indexes rose after German Finance Minister Wolfgang Schaeuble expressed confidence that the euro area debt crisis would be under control by the end of 2012. Eaton completed acquisition of E.A. Pedersen.
Dec 30, 2011 8:50 AM ET
Stocks in Australia declined for the third day in a row. For the year the ASX 200 index fell 15% with the sharpest drops in retailers, materials and energy linked companies. Billabong plunged 78%, Harvey Norman dropped 38% and David Jones declined 47%.
Dec 30, 2011 7:54 AM ET
European markets edged higher after German Finance Minister Wolfgang Schaeuble ruled out a breakup of the euro area. France planned to raise between €7 billion and €8 billion from its first long-term debt auction on January 5. Spanish inflation eased in December.
Dec 29, 2011 4:39 PM ET
U.S. stocks traded higher after jobless claims rose but stayed below 400,000 level for the fourth week in a row. In addition, the pending home sales increased in November to a 19-month high. European markets focused on the stubborn long term Italian bond yield near 7%.
Dec 29, 2011 11:29 AM ET
Stocks in Tokyo edged lower in thin trading and resources linked stocks led the decliners. Japan agreed to offer swap line to India of $15 billion and agreed to lend $5 billion for a rail line.
Dec 29, 2011 10:27 AM ET
The UK indexes pared gains after Italy sold long term debt at an auction today. The indexes swung as the Italian yields declined less than expected and metals and oil diverged. The euro declined to a 10-year low against the yen.
Dec 29, 2011 10:12 AM ET
The U.S. indexes traded higher after weekly jobless claims rose 15,000 to 381,000. Chesapeake Midstream agreed to acquire Appalachia Midstream for $865 million. Mosaic declined after the phosphate maker said it will cut output by 250,000 tons.