Arab Today, arab today us stocks sink on ecb comments
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

US stocks sink on ECB comments

Arab Today, arab today

Arab Today, arab today US stocks sink on ECB comments

New York - AFP

US stocks closed sharply lower Thursday after the head of the European Central Bank poured cold water on hopes that the bank will boost its bond-buying to help contain the eurozone debt crisis. The blue-chip Dow Jones Industrial Average tumbled 195.72 points (1.60 percent) to 12,000.65 in closing trade. The broader S&P 500 lost 26.32 points (2.09 percent) to 1,234.69, while the Nasdaq slid 52.52 points (1.98 percent) to 2,596.69. \"Comments from European Central Bank president Mario Draghi cooled hopes that the central bank will step up its bond-buying efforts,\" Charles Schwab analysts said in a client note. Leaders of the 27-nation EU opened a crucial two-day summit in Brussels Thursday night mired in divisions over a treaty change demanded by Germany and undermined by an ECB warning there will be no big boost in rescue funding. Earlier the ECB cut its key interest rates for the eurozone, by a quarter of a percentage point to 1.00 percent. After the rate cut, ECB chief Mario Draghi said at a news conference that governments must to \"do their utmost\" to resolve the crisis and restore confidence in the euro. \"The ultimate decisions are in the hands of leaders,\" Draghi said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us stocks sink on ecb comments Arab Today, arab today us stocks sink on ecb comments

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us stocks sink on ecb comments Arab Today, arab today us stocks sink on ecb comments

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday