GLOBAL MARKETS

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London share index rises 0.5 percent

On Wednesday, London stocks closed slightly higher than expected despite the doubts and skepticism of worldwide investors of the viability of the U.S. governments' latest rescue plan for the struggling financial industry.

World stocks tumble as investors doubt U.S. bank plan

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On Wednesday world markets fell following a steep sell-off on Wall Street as investors doubted the viability of the U.S. governments' latest rescue plan for the struggling financial industry with as much as $2 trillion in funding.
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Wall Street Comes Under on Oil

U.S. stocks plunged sharply on Tuesday, sending the Dow Jones into a bear market as crude oil prices continued to rise causing financial stocks to tumble as more analysts reduced earnings estimates for banks.
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U.S. Stocks Mixed on Economic Data, Merrill Plunges

U.S. stocks were mixed in morning trading on Friday, failing to post a significant rebound a day after the Dow suffered its second-worst percentage loss of the year and closed at its weakest level in 21 months while key inflation gauge showed signs that consumer spending surged in May.
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U.S. Stocks Drop, GM Shares Tumble 10 Pct

U.S. stocks tumbled sharply on Thursday with the Dow dropping to its worst level since September 2006 on a series of downgrades from Goldman Sachs while shares of Citigroup Inc. and General Motors hit its lowest levels in more than nine years.
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Tech Stocks Rally After FOMC Decision

U.S. stocks held onto most of its gains on Wednesday after the Federal Reserve decided to end its string of interest rate cuts and maintain rates at 2 percent as inflation concerns rise.
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U.S. Stocks Gain as Financials Advance

U.S. stocks rose on Tuesday on speculation that weaker consumer confidence and a record plunge in home prices will ensure the Federal Reserve to maintain interest rates at current levels, while United Parcel Service set new multiyear low.
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U.S. Stocks Fall as Oil Rises

U.S. stocks fell on Friday to a three month low as the oil price continued to rise following increased violence in the Middle East and more trouble persisted in the financial sector.
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U.S. Stocks Plunge on FedEx's Loss

U.S. stocks fell for the second day on Wednesday after economic bellwether FedEx Corp. released disappointing results and reinforced concern over bank losses.
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U.S. Stocks Plunge, Led by Financials

U.S. stocks on Tuesday fell for the first time in four days after Goldman Sachs predicted anks will have to raise $65 billion in new capital to cover losses in the face of economic data that further highlights soaring inflation amidst a troubled housing market.
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U.S. Stocks Fall on Manufacturing Data, Energy Concern

U.S. stocks fell on Monday for the first time in three days, giving back some of Friday's gains, after a bigger-than-expected drop in New York state manufacturing and a decline in the dollar cast doubts about the state of the U.S. economy, while oil jumped $4 a barrel.
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Wall Street Rallies as Data Meets Expectations

U.S. stocks rose on Friday, paring the week's losses, after oil retreated and by a rising dollar while some measures of inflation matched economists' forecast, damping speculation the Federal Reserve will boost interest rates this year.
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FTSE edges up Thursday morning

The FTSE 100 share index rose early on Thursday. By 9:18 am the index had risen 0.6 per cent by 34.7 points to 5,758.9.
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U.S. Stocks Surge on Stronger Retail Sales, Jobless Claims

U.S. stocks gained on Thursday, with all three indexes gaining at least 1 percent as May sales at Wal-Mart Stores Inc. and Costco Wholesale Corp. beat analysts' estimates while jobless claims fell, boosting expectations that consumer spending will increase the retailers profits.
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U.S. Stocks Mixed on Credit Woes

U.S. stocks were mixed Wednesday afternoon after Moody's said it may be forced to downgrade the credit ratings on MBIA Inc and Ambac Financial.
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U.S. Stocks Plunge, Led by Financial Shares

U.S. stocks fell for a second day Tuesday with increasing speculation that Lehman Brothers Holdings Inc. will be forced to raise more capital led a slump in financial shares.
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U.S. Stocks Plunge as Banks Decline

Wall Street began June in the red, falling for the first time in five days, as the Dow quickly lost more than 100 points Monday morning on more worries about the financial sector after Wachovia Corp. ousted its chief executive.
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U.S. Stock Indexes Gain, Dell Lifts Tech Sector

U.S. stocks rose for a fourth day on Friday with technology gaining on better-than-expected profit from computer maker Dell Inc which signaled stronger business spending, while the broad market was little changed after three days of gains.
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U.S. Stocks Gain as Oil Soars

U.S. stocks rose on Thursday for a third consecutive day after oil dropped, easing inflation concerns, while the government reported that the economy grew last quarter at a faster pace than previously predicted.
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U.S. Stocks Drop as Oil Resumes Price Hike

U.S. stocks fell on Wednesday as concerns increased that regional banks face more write downs after more bad news in the financial sector did little to ease concerns over the state of the slowing economy, while oil futures headed back toward $130 a barrel.
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U.S. Stocks Tumble as Oil Continues to Climb

U.S. stocks fell on Friday, extending the biggest weekly retreat since February and placed the market on track for weekly losses as crude oil resumed its surge to top $133 a barrel.

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