Us Stock Markets

  • US: Dow Jones soars to an all-time high March 6, 2013

    New York: About an hour after the Dow Jones industrial average hit a record high on Tuesday, Overland Park, Kansas-based financial adviser Brad Stratton got an e-mail from a client asking how she could "make hay while the sun shines." Stratton, a former Merrill Lynch broker who set up his...
  • S&P ends over 1,400 for the first time since 2008 crisis March 16, 2012

    New York: The S&P 500 closed above 1,400 for the first time since the 2008 financial crisis on Thursday as stocks resumed the upward climb that has produced a steady stream of gains this year. The benchmark index is up for six of the past seven sessions and is on target...
  • Obama, CEOs talk markets, global economy woes August 13, 2011

    Washington: Global financial upheaval was on the agenda on Friday when President Barack Obama met with top executives from the US business community, the White House said. Chief executives from Johnson & Johnson, Wells Fargo & Co, US Bank, Xerox Corp, BlackRock Inc, Silver Lake Partners, American Express and US...
  • US stock markets close on a flat note on Friday August 6, 2011

    New York: The US stock markets closed on a flat note on Friday, after they witnessed wild swings, trading in a range of 400 points during the day. The Dow Jones industrial average ended the day up 61 points, or 0.5 per cent, at 11,444.68. The S&P 500 closed lower by...
  • Google, Oracle stocks tumble on slippery US markets March 28, 2008

    New York: Major US stock indices were led lower Thursday by earnings worries at banks hit by the mortgage crisis and at technology giants Oracle and Google. Oracle, the third largest software firm, reported disappointing third-quarter results late on Wednesday, causing its shares to fall by the most since November....
  • Can Bernanke save US markets from subprime crisis? September 3, 2007

    New Delhi: Ben Bernanke said on Friday the Federal Reserve would act as needed to ease the impact of recent market turmoil on the economy, in a speech widely interpreted as opening the door to possible interest rate cuts. US shares rose nearly 1 per cent on Friday as Mr Bush...
  • Sensex picks up | Bernanke recues US mkts September 3, 2007

    New Delhi: Indian stock markets jumped high in the morning trade on Monday with BSE Sensex quoting above 15,352 (a gain of 196.30 points) and the Nifty at 4,477 points. All the major stocks were trading in the green. While brokers are still skeptical that it may to be too...
  • US Fed now to save sliding stocks markets August 20, 2007

    New Delhi: The US federal reserve has stepped in to help save the world markets from sliding further. The bank on Friday reduced by half a percent its discount rate — the rate at which the banks borrow from the fed. This, the bank says will ensure liquidity to the...
  • US economy goes through trouble, Indian IPOs boom August 11, 2007

    New Delhi: At a time when the US markets are facing tough market conditions, the initial public offer (IPO) activity in the States reported a healthy second quarter with as many as 71 issues and the period also spelt good for overseas firms, including China and India. Foreign registrants were...
  • Is it return of the Great Depression of 1929 for US? September 12, 2007

    New York: What is happening to the US economy? Has the wide-scale outsourcing of businesses, losses suffered by the US economy in Iraq War, the arrival of the ‘third world countries’ on the global business scenario — hit the US economy so hard that it’s heading towards crisis akin to...