Stocks plunge on last day of quarter after disappointing Midwestern manufacturing reportSeptember 30th, 2009 Stocks plunge on drop in manufacturing activityNEW YORK (A) — A surprise drop in a key regional economic indicator sent stocks reeling Wednesday, with the Dow Jones industrials tumbling more than 100 points. The Chicago Purchasing Managers Index fell to 46.1 in September rather than rising to the 52 that economists expected.
US stocks plunge on concerns of consumer spending; overseas markets slide as wellAugust 17th, 2009 Stocks plunge at opening on Wall StreetInvestors' rising fears about consumer spending are turning stocks into a risky investment again. Stocks plunged and Treasury prices soared Monday as investors around the world feared that consumers are too anxious to lift the economy into recovery.
India's merchandise exports plunge by 27.7 percent in June, 9th month of deep declinesAugust 3rd, 2009 India's exports plunge 27.7 percent in JuneMUMBAI, India — India's merchandise exports fell by more than a quarter in June, the Ministry of Commerce said Monday, marking the nation's ninth month of steeply declining trade. Merchandise exports were valued at 612.17 billion rupees ($12.8 billion), down 27.7 percent in dollar terms from 759.3 billion rupees ($17.7 billion) a year earlier, according to government figures.
US stocks mixed on better-than-expected GDP figuresAugust 1st, 2009 NEW YORK - US stocks closed mixed Friday to end one of its best months in years, after government figures showed a smaller-than-expected contraction of the world's largest economy in the second quarter of the year. The economy shrank at a 1-percent annual rate April-June period, according to a preliminary estimate by the US Commerce Department.
Euro-zone inflation rate goes negative for second straight month in JulyJuly 31st, 2009 Euro-zone prices fall for second monthBRUSSELS — The EU statistics agency says euro-zone consumer prices fell 0.6 percent in July from a year ago. Lower demand for energy and other goods has caused prices to plunge in the region, according to figures released Friday.
Asian stocks mostly lower as recovery worries weigh on investors; Nikkei down 1.3 percentJuly 9th, 2009 Asia stocks mostly lower as recovery worries weighHONG KONG — Asian stocks turned in another shaky performance Thursday, with Japan's market headed for its seventh straight loss, as worries about the pace of economic recovery continued to hold investors back. The weakness followed more losses on Wall Street overnight, with most of the region's markets moving in a narrow range in thin trade.
India's merchandise exports plunge by 29.2 percent in May, 8th month of deep declinesJuly 1st, 2009 India's exports plunge 29.2 percent in MayMUMBAI, India — India's exports fell by nearly a third in May, the eighth straight month of declines, as overseas demand withered. Merchandise exports were valued at 534.3 billion rupees ($11.0 billion), up slightly from April, but down 29.2 percent in dollar terms from 655.0 billion rupees ($15.5 billion) a year earlier, according to government figures Wednesday.
US stocks gain on energy sharesJune 30th, 2009 NEW YORK - US stocks posted gains Monday, led by energy companies and some optimism ahead of a big week of economic figures in the US. The price of crude oil jumped 3.4 percent to $71.49 per barrel, pushing up shares of petrol producers Exxon Mobil and Chevron.
Russian stock markets plunge 8 percent as oil prices fallJune 22nd, 2009 Russian stocks plunge as oil prices slideMOSCOW — Russia's main stock market plunged by nearly 8 percent Monday as falling oil prices and a gloomy economic outlook spooked investors. The MICEX, the largest stock index, fell by 7.8 percent to 938 points, while the RTS, which closes earlier, posted a more modest 5 percent drop to 961 points.
US stocks plunge amid commodity and industrial sell-offJune 16th, 2009 NEW YORK - US stocks tumbled Monday by the most in a month, led by sell-offs of commodity and industrial companies. The drop pushed the Dow Jones Industrial Average back into negative territory for the year.
German exports plunge in April amid global economic slumpJune 9th, 2009 German exports plungeBERLIN — Germany, Europe's largest economy, saw its exports plunge nearly 30 percent in April as the global economic crisis continued to hurt demand for its products, the Federal Statistical Office reported Tuesday. The country saw exports drop to euro63.8 billion ($88.47 billion) in April, compared with euro89.5 billion in the same month the previous year — a drop of 28.7 percent.
Sensex slips almost 5 percent, global markets in redMarch 30th, 2009 MUMBAI - Indian equities markets turned southwards Monday, aping their global peers, and marked an end to last week's rally that saw a key index breach the psychologically important 10,000-mark and gain over 12 percent. The 30-scrip Bombay Stock Exchange (BSE) sensitive index (Sensex), which opened at 10,036.8 points Monday, ended at 9,568.14 - a fall of 480.35 points or 4.78 percent from its previous close Friday.
Dismal start to trading week, Sensex dives 3.2 percentMarch 3rd, 2009 MUMBAI - Indian equities markets pulled down shutters in the red Monday as investors started offloading stocks both in Indian and global markets alike. A key index ended trade 3.2 percent below its previous close.
Indian markets plummet as global cues weakenMarch 2nd, 2009 MUMBAI - Indian equities markets were south-bound around noon Monday as global markets weakened further and investor confidence dampened, with a key index 2.11 percent below its last closing figure. The 30-scrip Bombay Stock Exchange (BSE) Sensitive Index (Sensex), which opened at 8,762.88 points, was at 8,704.18 points, 2.11 percent or 187.43 points lower than its previous close.
US stocks fall on retail sales figuresJanuary 14th, 2009 NEW YORK - US stocks fell Wednesday as more-than-expected drop in retail sales and downbeat outlooks for big banks exacerbated worries about the economy. Tumbling banking sector led the Standard & Poor's financial index down 4.9 percent.
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