European Stock Markets Fell in Reaction to Global Growth Worries - November 23, 2011 22:52

European stock markets closed on negative note on Wednesday as the several disappointing economic indicators escalated uncertainty among investors. Investors were also shaken over the disappointing German bond auction and weak manufacturing report from China. German 10-year bond auction saw a very sluggish response from the market and hardly the touched the planned figure of […]

FTSE 100 Index Declines on Disappointing Economic Outlook - November 16, 2011 23:57

UK’s FTSE 100 index fell on Wednesday’s trading session in reaction to Bank of England’s concerns over the UK’s economic outlook. In a recent statement BOE’s Governor, Mervyn King expressed his deep concerns over the country’s economic situation and commented, “U.K. growth over the next few quarters will be markedly weaker than in the August […]

Stock Markets Closed Lower on Wednesday on Disappointing Economic Data - June 16, 2011 13:06

US stock markets remained bearish on Wednesday as investors sold their position on weaker US economic data. US industrial production increased 0.1 percent in last month while analysts were expecting the increase of 0.2 percent. Dow Jones Industrial Average declined 1.48 percent or 178.84 points to 11,897.27 on Wednesday. Standard & Poor’s 500 index slipped […]

FTSE Falls on Bearish Sentiments at Mining Sector - April 12, 2011 23:38

FTSE 100 index declined below 6,000 levels on Tuesday as all the mining sector stood in red zone. Despite negative sentiments at London Stock Exchange stocks in travel, healthcare and defense industry posted high capital gains. The FTSE 100 index declined 1 percent to 5,994.12 on Tuesday’s midday trading. Other European stock markets indexes such […]

FTSE 100 Gains mainly led by Mining Sector - March 30, 2011 21:41

London’s FTSE 100 index surged 0.5 percent or 30 points to 5,962 in start of the session on Wednesday. The surge was mainly triggered by bullish sentiments from US and Asian stock markets. The index however closed 0.27 percent or 16.13 points up to 5,948.30 for the day. Mining sector stocks were major performers at […]

Euro Zone’s Services PMI declines for the Month of February - March 3, 2011 20:06

According to the latest market research report released on Thursday by Markit the business activity in services sector declined for the month of February. The euro zone’s services business activity index dropped to 56.8 for the month of February as compared to last month figure of 57.2. Analysts on wide were also expecting that the […]