U.S. stocks closed down sharply Tuesday, after a volatile day of trading. In U.S. economic news, investors are becoming increasingly worried that central banks might start paring back their historically unprecedented levels of bond buying. U.S. investors seem as if they are going to take a wait and see approach until next week, when Federal Reserve (Fed) Chairman Ben Bernanke holds his quarterly press conference. Bernanke is expected to give investors some hints as to when the Fed’s easing might stop or slow down. In international economic news, Japan’s central bank spooked investors early in the day by leaving its monetary policy unchanged. Many investors had expected further stimulus. Prime Minister Shinto Abe has been trying to weaken the yen to boost experts. But “Abenomics” does not seem to be working lately. In corporate news, Lululemon shares tanked after the yoga wear maker announced that chief executive Christine Day is stepping down. Shares of Sprint Nextel rose after SoftBank, Japan’s third-largest wireless carrier, increased its takeover offer. Shares of aircraft maker Boeing slipped after the company trimmed its 20-year forecast for widebody jet demand, even as it raised its forecast for single-aisle jets. Google announced that it would acquire mapping company Waze, but did not disclose a price tag. The dollar lost ground against the euro, the pound, and the yen. Light sweet crude oil for July delivery dropped 39 cents to $95.38 a barrel on the New York Mercantile Exchange. Gold futures fell $9.00 to $1,377.00 an ounce. The Dow Jones industrial average lost 116.57, or 0.76 percent, to 15,122.02. The broader Standard & Poor’s 500 index fell 16.68, or 1.02 percent, to 1,626.13. The technology-heavy Nasdaq composite index dropped 36.82, or 1.06 percent, to 3,436.95.
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
Amman stock market closes trading at JD4.4 millionGMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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