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.
My pick: Long euro-dollar through Thursday, long dollar (pending)
Expertise: Fundamental and technical analysis
Average time frame of trades: A few hours to a few weeks
US stocks rose yesterday, rebounding from the previous session’s losses, as tepid economic data eased concerns the US Federal Reserve would begin to gradually scale back its policy of stimulating growth.
THE UK’S top shares fell yesterday as investors took profits after the previous session’s sharp gains on concern the US central bank might soon scale back its bond purchase programme that has bolstered equities.
BRITAIN’S FTSE 100 share index suffered its biggest one-day drop in a year yesterday, knocked off historic peaks by weak economic data and signs that the US Federal Reserve could soon taper its stimulus programme.
US stocks slipped yesterday but finished sharply off their session lows as a rally in Hewlett-Packard’s shares offset worries about weak Chinese manufacturing data and the prospects of the Federal Reserve reducing its monetary stimulus.
US stocks fell yesterday with the S&P 500 posting its biggest decline in three weeks, after minutes from the latest US Federal Reserve meeting showed some officials were open to tapering large-scale asset purchases as early as at the June meet
US stocks rose yesterday, with the Dow Jones and the S&P 500 closing at new all-time highs as Federal Reserve officials’ comments eased some concerns that the central bank could start reducing its stimulus program.