Wall Street’s main Dow Jones index closed up 2.3% yesterday at 10,250 after good news boosted investor confidence.
The pending home sales index and demand for cars boosted stocks in the world’s largest economy.
“A positive housing report and better-than-expected auto sales are giving the...
Posted to
Finance
on 06-03-2010
Filed under: All Financial News, Economy News, US, shares, rise, car industry, General Motors, Chrysler, National Association of Realtors, boost, good news, demand, Toyota, Dow Jones, NAR, Pending Home Sales Index
A warning from the Bank of England about the UK’s debt levels has sent sterling plummeting to a five-month low against the euro. The pound dropped as low as €1.1016 - the lowest level since April In the meantime, the pound dropped as low as $1.6134 - its lowest against the US Dollar in almost [...]
Posted to
Finance
on 09-21-2009
Filed under: All Financial News, Economy News, Bank of England, fall, Investment News, Debt News, warning, dollar, currency, euro, pound, Dow Jones, Quarterly Bulleting, markets
The Dow Jones index rose today on the back of positive economic data and followed gains seen over the last week. In seven out of the last eight days, the Dow Jones has risen. By mid-session in New York, the index gained 0.6% to 9,737.3 points with European shares rising in response.
London’s FTSE 100...
Posted to
Finance
on 09-16-2009
Filed under: All Financial News, Economy News, US, Ben Bernanke, shares, rise, retail sales, consumer prices, data, positive, economic, trade deficit, Dow Jones
The chief executive of financial bookmaker IG Group has called the recent stock market gains a "false rally".
Posted to
Comment
on 03-27-2009
Filed under: dow jones, ftse 100, ig group, Tim Howkins