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Stocks saw substantial weakness during trading on Thursday, as traders reacted negatively to a disappointing batch of U.S. economic data. Lingering concerns about the financial situation in Europe also continued to weigh on the markets.
Continue Reading →European shares are seen opening lower on Friday, extending recent steep losses, as Fitch downgraded Greece deeper into junk territory and Moody’s Investor Service announced a sweeping downgrade of 16 Spanish banks, adding to concerns about Europe’s worsening financial woes. There are also concerns about the stability of the U.S. economy following weak U.S. manufacturing [...]
Continue Reading →Indian shares fell sharply on Friday, tracking a sell-off across other Asian markets, after a U.S. report showed manufacturing in the mid-Atlantic states contracted for the first time in eight months and Moody’s Investors Services downgraded 16 Spanish banks, adding to concerns over Europe’s debt crisis.
Continue Reading →Indian shares are set to see a gap-down opening on Friday, as stocks plunged across Asia on concerns about the turmoil in Europe and the U.S. economy’s growth prospects.
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