Tag: news

(RTTNews) - Stocks showed a notable downturn over the course of the trading day on Wednesday after failing to sustain an early upward move. The pullback came as worries about the political situation in Greece once again overshadowed a batch of upbeat U.S. economic data.

The major averages all ended the day in negative territory, near their worst levels of the day. The Dow slipped 33.45 points or 0.3 percent to 12,598.55, the Nasdaq fell 19.72 points or 0.7 percent to 2,874.04 and the S&P 500 dropped 5.86 points or 0.4 percent to 1,324.80. Continue reading "Stocks Extend Downward Move Amid Continued Greece Worries" →

(RTTNews) - Stocks may move back to the upside in early trading on Wednesday after trending lower in recent sessions. The major index futures are currently pointing to a moderately higher open for the markets, with the Dow futures up by 43 points.

Bargain hunting is likely to contribute to any early strength on Wall Street, with some traders looking to pick up stocks at reduced levels following the recent weakness in the markets. The losses seen on Tuesday pulled the major averages down to new three-month closing lows. Continue reading "Stocks May Regain Some Ground In Early Trading" →

(RTTNews) - After showing a lack of direction for much of the session, stocks came under pressure in the latter part of the trading day on Tuesday. Worries about Greece weighed on the markets once again, overshadowing a batch of largely upbeat U.S. economic data.

The major averages moved roughly sideways going into the close, stuck firmly in negative territory. The Dow fell 63.35 points or 0.5 percent to 12,632.00, the Nasdaq slipped 8.82 points or 0.3 percent to 2,893.76 and the S&P 500 dropped 7.69 points or 0.6 percent to 1,330.66. Continue reading "Stocks Close Lower As Greece Faces New Elections" →

(RTTNews) - Stocks saw considerable weakness during trading on Monday, as traders expressed continued concerns about the latest developments overseas. The losses on the day extended a recent downward for the markets, which have trended lower for most of May.

After falling sharply at the open, the major averages staged a recovery in mid-day trading but moved back to the downside going into the close. The Dow fell 125.25 points or 1 percent to 12,695.35, the Nasdaq dropped 31.24 points or 1.1 percent to 2,902.58 and the S&P 500 slid 15.04 points or 1.1 percent to 1,338.35. Continue reading "Stocks Fall Sharply Amid Worries About Troubles Overseas" →

By COLLEEN BARRY
AP Business Writer

(AP:MILAN) World stock markets dropped Monday as worries intensified over the condition of the eurozone and whether Greece is edging towards leaving the single currency union.

In Athens, Greek party leaders were scheduled to resume talks aimed at forming a government. But as the political wrangling dragged into its second week, markets contemplated the threat that the crisis-stricken country would not meet the terms of its bailout and drop out of the currency club. Continue reading "World stocks drop as worries over Greece intensify" →