Edition: Global Global Select Region
Email: Passwd: or sign up free
One News Page
One News Page > Business > News Summary: Wall Street slides on Europe fears
Breaking News: Gabriel Garcia Marquez, Nobel Laureate, Dies at 87
Open news article

News Summary: Wall Street slides on Europe fears

Wednesday, 9 May 2012

News Summary: Wall Street slides on Europe fears
Associated Press
Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Published 01:42 p.m., Wednesday, May 9, 2012

OLD EUROPE: Political uncertainty in Europe intensified Wednesday, sending global markets broadly lower. Borrowing rates climbed for Spain and Italy, a sign that investors are losing confidence in those countries' finances. Greece appears unable to form a government because of deep rifts about spending cuts tied to international bailouts. NEW SLUMP: The Dow Jones industrial average fell for a sixth consecutive day, its longest losing streak since August. The average hit a four-year closing high last week, and has declined every day since. COULD BE WORSE: The Dow plunged as much as 184 points before closing down 97 points.
Share on FacebookShare on Twitter Comment

Recent related news

Open news article

World equities fall on valuation fears, bonds gain

NEW YORK (Reuters) - Global equity markets fell on Friday as fears on Wall Street about over-stretched stock valuations spread to Asia and Europe, pushing...
Reuters India 6 days ago - Business

Open news article

Crude to the Rescue: How $100 Oil Helps the Market

Crude crossed into triple digits again this week. This morning, a barrel of black gold trades for about $103. While fears of a market meltdown ripple across Wall...
The Daily Reckoning 1 week ago - Money

You Might Like

Other recent news in Business

Thursday's most followed in U.S. including Morgan Stanley, GE, GOOGLE, IBM, Goldman Sachs, AmEx, SanDisk, UnitedHealth, DuPont, PepsiCoBarbie SALES Slump, Soda Loses Fizz, Google Stumbles
Wall Street edges up as jobless claims beat; Google drops, GOLDMAN SACHS risesPRICE hikes and snack sales drive Pepsi profits
CHIPOTLE Sales Surge And Beat Expectations (CMG)Movers & Shakers: Goldman, MORGAN STANLEY rise; Google falls
UPDATE 1-DUPONT's revenue misses estimates on weak farm salesGoogle revenue, profit up in Q1, but WALL STREET not impressed
SOCIAL INSIDER: New LinkedIn App — WEIBO IPO — Facebook's FutureTARGET hackers could take years to identify, Secret Service says.



comments powered by Disqus

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2014 One News Page Ltd. All Rights Reserved.  |  About us  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
One News Page - Top Headlines RSS Feed RSS  |  News for my Website  |  Free news search widget  |  Advertise  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |  One News Page on Facebook LIKE us on Facebook  One News Page on Twitter FOLLOW us on Twitter  One News Page on Google+ FIND us on Google+

Bullet: One News Page official news app for iPhone Bullet: Our news app for iPhone