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Stock market surges back


August 12th, 2011 - 1:04 am ICT by Aishwarya Bhatt
New York, Aug 11 (THAINDIAN NEWS) The US stock market opened on Thursday fairly better than it did on Wednesday. The Dow Jones Industrial Average recovered from the record losses it made ... Read more...

Posted in Business |

US markets suffer sharpest drop since 2008


August 9th, 2011 - 10:59 am ICT by IANS
Washington, Aug 9 (IANS) In Wall Street's worst day since the 2008 financial crisis, all three major US stock indexes sank between 5 percent and 7 percent as fearful ... Read more...

Posted in Business |

US markets plunge after the downgrade


August 8th, 2011 - 11:05 pm ICT by IANS
Washington, Aug 8 (IANS) US stocks plunged sharply as Wall Street opened Monday, the first day of trading after Standard & Poor's historical downgrade of the United States' top notch ... Read more...

Posted in World |

Wall Street drops amid debt ceiling uncertainty and weak data (Lead)


August 2nd, 2011 - 9:27 am ICT by IANS
New York, Aug 2 (IANS) Wall Street fell Monday on weak manufacture data and debt vote worries, with the S&P; 500 falling for a sixth day, Xinhua reported. Major ... Read more...

Posted in Business |

US stocks extend losses as relief over debt deal faded


August 2nd, 2011 - 4:33 am ICT by IANS
New York, Aug 2 (IANS) US stocks ended lower after a short-lived rally Monday, with the Dow extending losses to the seventh straight session, as relief over a debt ... Read more...

Posted in Business |

Sensex moves up 1.82 percent (Weekly Market Review)


December 18th, 2010 - 4:05 pm ICT by IANS
Mumbai, Dec 18 (IANS) A benchmark index of the Indian equities markets closed with modest gains in a truncated week of trading. The 30-share sensitive index (Sensex) of the Bombay Stock ... Read more...

Posted in Business |

Sensex rises by 55 points in the opening trade


January 15th, 2010 - 3:20 pm ICT by ANI
Mumbai, Jan 15 (ANI): The Bombay Stock Exchange (BSE) benchmark Sensex increased by 55 points in the opening trade on Friday, on emergence of fresh buying by funds ahead of the ... Read more...

Posted in Business |

Exxon Mobil buys XTO Energy in a $31 billion stock deal


December 14th, 2009 - 11:35 pm ICT by Aishwarya Bhatt
Irving, Dec 14 (THAINDIAN NEWS) In a huge business deal, Exxon Mobil has agreed to buy XTO Energy in a whopping $31 billion stock deal. XTO Energy Incorporation is a large supplier ... Read more...

Posted in Business |

Markets quiet, still in the red (Lead)


April 1st, 2009 - 1:16 pm ICT by IANS
Mumbai, April 1 (IANS) Indian equities markets continued to trade below their last closing figure, with a key index ruling about 0.39 percent below it previous close, a little before noon ... Read more...

Posted in Business |

Markets trading dull, Sensex slips around noon (Lead)


March 3rd, 2009 - 1:53 pm ICT by IANS
New Delhi, March 3 (IANS) Indian equities markets were trading on a dull note late Tuesday morning, with a key index 0.6 percent below its previous close. The 30-scrip Bombay Stock Exchange (BSE) ... Read more...

Posted in Uncategorized |

Wall Street tumbles to 12-year low as US comes to AIG aid


March 3rd, 2009 - 10:48 am ICT by IANS
New York, March 3 (IANS) Wall Street tumbled with the Dow and S&P 500 falling to a 12 year low after insurance giant American International Group reported the biggest quarterly loss in ... Read more...

Posted in Uncategorized |

Wall Street goes tumbling down to 12-year low


February 24th, 2009 - 11:13 am ICT by IANS
New York, Feb 24 (IANS) Big losses have sent two major gauges of Wall Street - the Dow and S&P 500 - tumbling to their lowest levels not seen in nearly 12 ... Read more...

Posted in World |

Wall Street slumps as US cuts 100,000 jobs in a week


January 31st, 2009 - 10:47 am ICT by IANS
New York, Jan 31 (IANS) The Wall Street slumped to its worst January ever as investors eyed abysmal reports on economic growth and several companies across various industries announced more than 100,000 ... Read more...

Posted in Uncategorized |

Positive end to week’s trade (Roundup)


January 30th, 2009 - 7:06 pm ICT by IANS
Mumbai, Jan 30 (IANS) Indian equities markets ended in the positive terrain Friday despite weak global markets, with a key index finishing 2.04 percent over its previous close.The sensitive index (Sensex) of ... Read more...

Posted in Uncategorized |

Wall Street starts new year with a bang


January 3rd, 2009 - 9:57 am ICT by IANS
Washington, Jan 3 (IANS) After an abysmal 2008, Wall Street started the new year with a bang as stocks rallied and the Dow Jones closed above 9,000 for the first time since ... Read more...

Posted in World |

Wall Street bounces back after record plunge(Lead)


December 3rd, 2008 - 10:14 am ICT by IANS
New York, Dec 3 (IANS) The US markets rallied Tuesday, a day after the benchmark Dow Jones plumbed to a 26-year low.Market analysts said the Wall Street recovery could be due to ... Read more...

Posted in World |

Wall Street surges after two-day fall


November 22nd, 2008 - 8:09 am ICT by IANS
New York, Nov 21 (Xinhua) Wall Street rallied Friday after reports that US president-elect Barack Obama plans to name New York Federal Reserve President Timothy Geithner as treasury secretary.All major indexes jumped ... Read more...

Posted in Uncategorized |

Wall Street tumbles with major losses (Lead)


October 16th, 2008 - 9:49 am ICT by IANS
New York, Oct 16 (DPA) Wall Street took another tumble Wednesday, with the Dow Jones Industrial Average spiralling down by more than 700 points amid renewed worries the US is already in ... Read more...

Posted in Uncategorized |

US stocks surge again as Bush goes for ‘partial nationalisation’ of banks


October 14th, 2008 - 9:45 pm ICT by IANS
Washington, Oct 14 (IANS) As the US Tuesday unveiled an "unprecedented and aggressive" plan to pour at least $250 billion to partly nationalise nine major banks and expand federal insurance protection, the ... Read more...

Posted in World |

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