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July 12, 2011

The Dow Jones hit by Euro Zone Crisis

Author: admin - Categories: Stocks & Forex - Tags: , , , , , , , , ,

U.S. stocks tumbled on Monday as market concerns on the worsening Europe debt crisis so adds the market downturn that has hit hard on Friday by a dismal U.S. economic data. The Dow Jones Industrial Average closed down 151.44 points (1.20 percent) to 12,505.76.

S&P 500 shed 24.31 points (1.81 percent) to end at 1,319.49, while the Nasdaq composite index fell 57.19 points (2.00 percent) to 2,802.62. It follows a sharp fall in European markets because of political leaders and bankers in the Greece debt talks continue to Read it all..

June 10, 2011

U.S. Stocks Finally Stronger

Author: admin - Categories: Stocks & Forex - Tags: , , , , , , ,

U.S. stocks recovered from a “collapsed in June” on Thursday, lifted by an unexpected narrowing of the trade deficit the United States in April.

Dow Jones Industrial Average rose 75.42 points (0.63 percent) to close at 12,124.36, ending a six-session decline in a row since the beginning of the month.

S&P 500 Index broader adding 9.44 points (0.74 percent) to 1289.00, while the Nasdaq technology composite index rose 9.49 share points (0.35 percent) to 2,684.87. Read it all..

March 24, 2011

Mining Lift Wall Street

Author: admin - Categories: Stocks & Forex - Tags: , , , , , , ,

U.S. stock markets closed higher on Wednesday (03/23/2011) local time, driven by mining companies and the industry as traders consider the influence of the high demand for metals and commodities as well as Japan reconstruction.

Dow was appointed to the top by aluminum giant Alcoa shares, which increased more than three percent, and manufacturing giant 3M rose by 1.6 percent as the cost of everything from aluminum to Read it all..

May 17, 2010

Improving Economy, Credit Card Payment On Time

Author: admin - Categories: Economy - Tags: , , , , , , ,

More and more customers are paying credit card bills on time in April, in another signal that the economic recovery might begin to rise.

Capital One, Discover, American Express, Chase and Citibank all said that the rate at which they remove the credit card bill was paid off last month. Some lenders see an increase for two consecutive months.

American Express has the lowest level of 6.7% of total loans, down from 7.5% in Read it all..