B RITAIN’S top shares slid to five-month lows yesterday, led by miners after the US Federal Reserve said it planned to slow its stimulus programme later this year and Chinese data suggested growth there was waning.
US stocks fell more than two per cent yesterday, extending the previous day’s sharp decline as investors fretted over the Federal Reserve’s plan to begin reducing its stimulus later this year if the economy strengthens.
US stocks fell more than 1 per cent yesterday after Federal Reserve chairman Ben Bernanke said the central bank would start to reduce its stimulus measures later this year if the economy is strong enough.
US STOCKS advanced for a second straight day yesterday as investors bet the Federal Reserve would temper statements which were interpreted to mean a sooner-than-expected winding down of stimulus efforts.
THE past few days have seen global stock indices looking like they’ve found a fair value, as they consolidate following some volatile trading sessions. But there are other big questions on investors’ minds.
BRITAIN’S top share index gained yesterday, with some investors seeing value in the market after a four-week sell-off, and with stronger US housing data boosting sentiment on construction and engineering stocks.
US stocks rose yesterday but ended well off their highs as investors speculated over the Federal Reserve’s intentions about its massive stimulus programme to aid the economy before a meeting of policymakers that begins today.
US stocks rallied yesterday after three days of losses as stronger-than-expected economic data helped reassure investors concerned about the expected winding down of the Federal Reserve’s economic stimulus.
MARK Carney finally enters his new office at the Bank of England next month, when he takes the reins from Sir Mervyn King after his decade at the helm. King’s last meeting a week ago was rather a non-event, as policy remained unchanged.
BRITAIN’S benchmark share index edged lower yesterday, with weakness in miners on the back of soft Chinese data only partly offset by demand for healthcare and travel shares cheapened by a recent sell-off.
MANUFACTURING and construction data due out this week may provide welcome news for the British economy.
Office for National Statistics output data for April, due tomorrow, are expected to show the decline in activity is slowing down.
BRITAIN’S leading shares slipped to six-week lows yesterday, breaking below a support level after the European Central Bank (ECB) signalled it was in no hurry to offer more stimulus to the country’s top trading partner.
US stocks rose yesterday, with the Dow swinging nearly 200 points from its session low to high and the S&P 500 recovering after hitting a key technical level in volatile trading a day before the release of the US jobs report.
US stocks dropped one per cent yesterday, extending a recent selloff, as investors grappled with concerns that the Federal Reserve may begin to scale back its bond-buying stimulus while the economy is still sluggish.
THE UK’S top share index recovered from a four-week low yesterday, bouncing up from technical support levels and cheered by expectations that Federal Reserve stimulus may remain in place for a while longer.