Thu Feb 11, 2016/Reuters By Chijioke Ohuocha and Ulf Laessing Nigeria’s stock exchange, Africa’s second-largest, is looking to attract investors spooked by a weak currency and oil price by offering more products ahead of a possible listing. “We would like to give exposure to asset classes that we are not […]
Tag: Wall Street
Wall St. up as Yellen revives rate hike hopes
Wed Feb 10, 2016/Reuters By Abhiram Nandakumar U.S. stocks gained on Wednesday after Federal Reserve Chair Janet Yellen said conditions in the United States would allow for “gradual” rate hikes, and as technology stocks rebounded. However, Yellen acknowledged that the weakness in the global economy could knock the U.S. economy […]
Growth worries, financials push Wall Street lower
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 […]
