European markets rallied on Thursday after the US Federal Reserve pledged to keep the cost of borrowing at rock-bottom levels for longer than expected, offsetting its decision to begin trimming back its massive $85bn a month stimulus programme.
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Showing posts with label US stocks. Show all posts
Showing posts with label US stocks. Show all posts
Friday, December 20, 2013
Tuesday, November 22, 2011
Wall Street tumbles more than 2% on Europe, recession worries
NEW YORK: US stocks tumbled on Monday, with the Dow turning negative for the year, as concerns about heavy debt loads both in the United States and Europe heightened worry about recession and increased volatility.
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