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Current News from Around the Globe on Stock Markets

London close: Stocks sink sharply as risk appetite scaled back

LONDON (ShareCast) – The UK stock market suffered a sharp sell-off on Thursday, dropping to its lowest level in over a week, as geopolitical and macroeconomic fears hammered investor sentiment.The FTSE 100 finished down 1.37% at 6,895.33, as it continues … Continue reading

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Stocks slide, oil prices jump after Yemen air strikes

By Michael Connor NEW YORK (Reuters) – Oil prices jumped 5 percent and stock markets worldwide slumped on Thursday after Saudi Arabia and allies carried out air strikes in Yemen, which fueled worries Middle East that energy shipments may be … Continue reading

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Asia stocks down on weak data, Wall Street dive

Asian stock markets mostly fell Thursday, battered by weak U.S. economic data, tensions in the Middle East and Wall Street’s retreat from near record highs. KEEPING SCORE: Japan’s Nikkei 225 fell 1.4 percent to 19,471.12 while Hong Kong’s Hang Seng … Continue reading

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Turkey

ISTANBUL, March 26 (Reuters) – Here are news, reports and events that may affect Turkish financial markets on Thursday. The lira weakened to 2.600 against the dollar by 0633 GMT from 2.5737 late on Wednesday. The main share index rose … Continue reading

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Asian markets follow Wall St, lower after US data

Hong Kong (AFP) – Asian markets mostly wound back on Thursday, in line with a hefty sell-off on Wall Street, after surprisingly weak US data hinted at ongoing weakness in the world’s number one economy. The euro maintained its recent … Continue reading

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Borse Dubai rules out Nasdaq OMX Group stake sale

DUBAI (Reuters) – Borse Dubai has no “current intention” to sell its stake in Nasdaq OMX Group , a spokesman for the company told Reuters on Thursday. The company earlier confirmed it had sold its complete 17.4 percent stake in … Continue reading

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MIDEAST STOCKS-Saudi Arabia tumbles on worries about valuations, Yemen

(Updates with Saudi Arabia closed) DUBAI, March 25 (Reuters) – Saudi Arabia’s stock market tumbled in a broad sell-off on Wednesday as investors grew concerned about upcoming first-quarter earnings announcements, stretched valuations and the escalation of military conflict in neighbouring … Continue reading

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MIDEAST STOCKS-Saudi Arabia tumbles as Arab states consider Yemen intervention

* Saudi Arabia tumbles on valuation concerns, Yemen fighting * Other Gulf markets also fall despite stronger oil * Dubai’s Arabtec tests technical support again * Waha Capital jumps on expansion plans, supports Abu Dhabi * Egypt retreats broadly By … Continue reading

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Wall Street, dollar slip on U.S. growth worries

By Michael Connor NEW YORK (Reuters) – Wall Street stocks tumbled and the dollar slipped on Wednesday after government data signaled the U.S. economic expansion was slowing, while gains in the euro prompted a pullback in European stock markets. The … Continue reading

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US stocks head lower following drop in durable goods

NEW YORK (AP) — The stock market sank Wednesday following a drop in durable goods orders, as major indexes headed toward their third day of losses. Tech companies and financial firms led eight of 10 sectors in the SP 500 … Continue reading

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