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April 13, 2011

U.S. Growth Fall, Wall Street Down

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

United States stock market fell sharply in trading Tuesday (12/4). The decline was influenced by the economic growth forecast will be lower and there are signs of uncertainty in the survey among small business owners.

After the opening of Wall Street, stock futures fall after Japan raised the level of nuclear crisis. Alcoa Inc. earnings disappoint sentiment also affects the decrease in the index. As quoted from marketwatch.com.

“It’s like the Red Sox season so far, full of promise but it begins with bad things,” said Chief Market Strategist JP Morgan Asset Management, David Kelly.

He further said that investor confidence is influenced by a number of Read it all..

April 7, 2011

The Japanese Economy Also Depressed by Tsunami

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

Japan’s economy is under strong pressure due to the devastation caused by earthquakes and tsunamis, said the Bank of Japan (BOJ).

BOJ said that the downward pressure that comes largely from loss of production and supply chain disruption.

The central bank did not alter its monetary policy, leaving the interest rate in the range of zero to 0.1%.

BOJ said it would offer one trillion yen in new loans a year.

The loan will be extended to financial institutions in areas affected by the quake with only 0.1% interest rate. Read it all..

March 29, 2011

Nuclear Radiation Making U.S. Stocks Slumped

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

The majority of the shares on U.S. stock exchanges fell in trading Monday (03/28/2011) local time. Market participants are still worried, Japan failed in arresting the spread of nuclear radiation in the country.

The Dow Jones Industrial Average fell 22.71 points or 0.19 percent to 197.88 points. The S&P 500 index dropped 3.61 points or 0.27 percent at 1,310.19, whereas, previously, the S&P 500 briefly rose by 0.5 percent. The Nasdaq composite index fell 12.38 points, or 0.45 percent, to Read it all..