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S&P breaches 1,400 as global markets stay upbeat
Aug 7th, 2012
The S&P 500 index breached the 1,400 level for the first time since May as financial markets around the world retained their optimistic tone on Tuesday. (Source: Associated Press) -
By Herbert Lash NEW YORK (Reuters) - The dollar soared on Friday against a basket of currencies, reaching a nearly three-year peak, and global equity indexes gained as speculation mounted over whether the Federal Reserve would soon begin to rein in its asset-buying program. Wall Street advanced, with the benchmark S&P 500 rebounding from its wo... [Full Article]
Reuters Market Eye - The BSE Sensex risks of some consolidation after indexes ended at their highest close since November 2010 on Friday. Earnings will be key, with Coal India Ltd , State Bank of India Ltd and Jet Airways Ltd set to report next week. Investors will also be eyeing whether strong foreign buying continues. Overseas investors were net ... [Full Article]
SITTWE, Myanmar (AP) - A cyclone only a day away carries wind and rain that could become deadly. But in dozens of refugee camps that spatter Myanmar's western coast, the order to evacuate ahead of the storm was met with widespread refusal. (Source: Associated Press)... [Full Article]
LONDON (AP) - Financial markets were subdued Thursday despite encouraging growth figures out of Japan, as investors paused for breath a day after the main U.S. stock indexes struck record highs. (Source: Associated Press)... [Full Article]
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