The stock market is closing out its worst day so far this year, bringing the Dow average back below 14,000. The drop, which erased 129 points from the Dow Jones industrial average, came on the first trading day after the index closed above 14,000 for the first time since the […]
Tag: Stock Market
Global shares slip from highs; Spain, Italy pressure euro
Major stock markets fell on Monday as investors booked profits on recent strong gains, while the euro slipped from multi-month highs against the dollar and yen on political uncertainty in Spain and Italy. Oil prices retreated from 4-1/2-month highs as investors paused for breath after a rally powered by signs […]
Chinese Economy Expanded at End of 2012, Data Shows
The giant Chinese economy picked up steam during the last few months of 2012, closely watched data from Beijing on Friday confirmed. But at the same time the figures underlined the view that the pace of future growth is likely to remain well below that seen in recent years. China’s […]
