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China is the scariest threat to stocks since 2009... Financial News
America's stock market is in the midst of one of the longest bull markets in history - despite recent steep losses recently. It's a bull market that has gone through many panic attacks.
Rates jump at weekly US Treasury bill auction Financial News
Interest rates on short-term Treasury bills jumped in Monday's auction, rising to their highest levels in several weeks. The Treasury Department auctioned $24 billion in three-month bills at a discount rate of 0.095 percent, up from 0.050 percent last week.
Wobbly euro economy may get bigger push from cent... Financial News
Analysts are already talking about when and how the European Central Bank might extend its 1.1 trillion-euro stimulus program that has been running for the past six months in an attempt to boost the modest recovery in the 19 countries that use the euro. They say ECB President Mario Draghi will likely use his news conference Thursday to underline the bank's willingness to increase its efforts, if needed, to push up stubbornly weak inflation or limit any damage from the economic troubles in China.
Business Highlights Financial News
If you think investors in U.S. stocks have had it rough, consider the hapless folks who followed Wall Street's advice to buy emerging-market stocks. The MSCI Emerging Markets index has lost 25 percent over the past year, while the most widely held U.S. fund, the Vanguard Total Stock Market index, is down less than 1 percent.
US stocks close out worst month in 3 years Financial News
In this Monday, Aug. 24, 2015, photo, pedestrians walk past the New York Stock Exchange. Global stocks mostly fell on Monday, Aug. 31, 2015, after a U.S. Federal Reserve official suggested a September interest rate hike still was possible and weak Japanese factory activity provided more evidence of a sluggish global economy.
Traders work on the floor of the New York Stock E... Financial News
U.S stocks tumbled and oil prices surged Monday as Wall Street closed out a volatile August with hefty losses that gave the S&P 500 its worst monthly performance since May 2012. S&P 500 posts biggest monthly loss in more than 3 years U.S stocks tumbled and oil prices surged Monday as Wall Street closed out a volatile August with hefty losses that gave the S&P 500 its worst monthly performance since May 2012.
Awful August: Worst month for Dow in 5 years Financial News
The Dow Jones industrial average plummeted more than 1,100 points during the month -- a fall of 6.6%. That's the biggest percentage drop for this collection of 30 stocks since a nearly 8% plunge in May 2010.
Investors are fleeing once-popular emerging marke... Financial News
If you think investors in U.S. stocks have had it rough, consider the hapless folks who followed Wall Street's advice to buy emerging market stocks. The MSCI Emerging Market index has lost 25 percent over the past year, while the mostly widely held U.S. fund, the Vanguard Total Stock Market index, is down less than 1 percent.
Loonie down half a cent, Toronto and U.S. stock m... Financial News
The Toronto Stock Exchange's S&P/TSX composite index was down 176.48 points, dropping to 13,688.59. In New York, the Dow Jones average of 30 stocks was down 123.87 to 16,519.14, the broader S&P 500 index was down 15.38 points at 1,973.49 and the Nasdaq lost 30.41 points to 4,797.91.
Europe Markets: Europe stocks poised for worst mo... Financial News
European stocks were poised to close out the worst month in years for the region on Monday with more losses, as major oil companies fell on the heels of lower oil prices. was flat at 363.56, leaving it poised for a monthly loss of 8.5%.
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