Markets Tumble On Greece; Dow Down 20% From April High

World stocks hit a 15-month low on Tuesday and the dollar rose to a nine-month peak as fears over a major banking crisis in Europe mounted.

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  • Dollar rises above 100 yen for 1st time in 4 years
    The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • Spain education sector hit by strike against cuts
    Thousands of students and teachers staged a strike across Spain on Thursday to protest government austerity measures and a planned new education reforms. More
  • LinkedIn Shares Slide After Disappointing Outlook
    LinkedIn's surging share price cooled Friday as the social network projected slower revenue growth next quarter following a decision to lower the number of display ads that the website shows. More
  • Stocks surge to new highs after hiring climbs
    A big gain in the job market is lifting the stock market to new milestones. The Dow Jones industrial average crossed 15,000 for the first time early Friday, and the Standard and Poor's 500 index, a broader market measure, broke through 1,600 for the first time. More
  • Equity markets and oil bounce back after last week's tumble
    The currency could "test all-time highs again", he added. Bitcoin hit a record of almost $65,000 in April before suffering a sharp sell-off over the following months.
    08/22/2021 - 9:14 pm | View Link
  • Coronavirus markets: Bank of Canada cuts rates another half percentage point
    Royal Caribbean and MSC Cruises both announced on Friday that they would be suspending all cruise holidays in the US until April ... cent before he spoke. The Dow Jones Industrial Average closed ...
    08/6/2020 - 6:53 am | View Link
  • 'It's Europe's fault. I inherited this problem': Obama refuses to accept responsibility for financial crisis after Dow goes into freefall sparking panic on Wall Street
    with Hang Seng down 5.7 per cent Nasdaq and S&P down seven per cent on Monday while Dow Jones falls 600 But U.S. markets rebound today - with indexes opening up two per cent ...
    08/9/2011 - 12:52 am | View Link
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