US Stock Market News Page 2

Italian and Spanish shares have dropped sharply with fears that the EU summit taking place this week will fail to create a deal to save the euro. The shares’ main indexes finished down by around 4 percent as Spain’s prime minister urged summit leaders to "dispel doubts" over the single currency. The US stock market was...

Wall Street shares finished with a 2 percent drop after manufacturing figures in Europe, China and the US indicated a weakening global economy. Prices for petroleum were also affected, with Brent crude oil and US light crude both down by over 3.5 percent. The sad economic news came after a downgrade of American economic growth forecasts...

Manchester United football club has announced its tentative plan to move its upcoming stock market flotation from Singapore to the United States. Previously, Manchester United was planning a $1 billion share sale at the Singapore Stock Exchange. If its share listing is moved, this would be the most recent in a series of cancelled or...

Wall Street shares have witnessed their largest daily jump for 2012 on hopes of a big rescue for Spanish banks, as well as a Federal Reserve report suggesting the American economy was getting back on track. The Dow Jones index finished at 12,415, up 287 points (2.4 percent). European markets also ended higher, as the Paris and London...

Stock markets have dropped after lower-than-expected employment data from the United States released on Friday sparked concerns over the global financial recovery. As Wall Street opened a little lower, Germany's Dax index fell by 1%. France's Cac 40 also started down prior to recovering during afternoon trading. Japan's Nikkei 225 finished...

Shares in Facebook finished below the price where they were floated, amid concerns that the newly-listed firm can truly live up to investor expectations. The shares first appeared on the Nasdaq exchange at $38 on Friday, but finished down by 11% on Monday. Some experts said that shares would have dropped on Friday if underwriters had not...

As reported by the BBC, the New York Dow Jones index has finished at its best level for over four years, buoyed by data showing US manufacturing stronger than expected for April. The Institute for Supply Management also announced that its manufacturing activity index went up to 54.8 in April from 53.4 in March. Figures above 50 show...

As reported by Market Watch, the American stock market’s recent drop may cause a full-fledged correction during the days ahead while the first-quarter earnings season goes into full swing. However, earnings may also be the vehicle for a rebound. Phil Orlando, who is chief equity market strategist for Federated Investors, says earnings...

As reported by the BBC, world stock markets have dropped on fears over the health of the US and EU economies. In Europe, shares dropped after a unsatisfactory Spanish bond sale. French and German shares fell nearly 3%. The European Central Bank says it will not roll back austerity measures to tackle the EU debt crisis, which is adding to...

As reported by the Guardian, fast food giant Burger King, which is overhauling its stores and menus, has announced its intentions to be relisted on the NY stock exchange before July. The New York-based investment company 3G Capital stated it was selling a 29 percent stake in the globe’s second biggest burger chain for $1.4 billion (£880...