February 8, 2016/Reuters By Caroline Valetkevitch U.S. stocks dropped on Monday as concern over global growth hit banks and other economically sensitive shares, but a late rally in energy shares left the market well above its lows of the day. European banks led a global selloff in financial shares as […]
Tag: S&P 500
Asian shares slip as crude resumes drop
Tue Feb 2, 2016/Reuters By Lisa Twaronite Asian shares fell on Tuesday as crude oil prices slid on oversupply fears and after downbeat manufacturing data raised concerns about sluggish global economic growth. Spreadbetters predicted European bourses would follow Asia lower, with IG predicting Britain’s FTSE 100 .FTSE would start trading […]
Wall Street closes at five-year high on data
Stronger-than-expected data on housing starts and jobless claims lit a fire under stocks for a third day, boosting the S&P 500 to a five-year high on Thursday. The Dow Jones industrial average (^DJI) was up 84.79 points, or 0.63 percent, at 13,596.02, according to the latest available figures. The Standard […]
