Canada Stocks Fall From Record as Oil, Gold Drop on Global Rout - Bloomberg
Done Stocks slump as earnings disappoint By STEVE ROTHWELL and KAY JOHNSON 37 minutes ago 0 shares . View photo Trader James Dresch, right, works on the floor of the New York Stock Exchange, Monday, June 30, 2014. European stocks were lower Wednesday July 30, 2014 ahead of U.S. economic data while cheery earnings from major Japanese companies such as Honda Motor Co.
Stocks look set to end July with whimper - Jul. 31, 2014
Moments ago, the Federal Reserve wrapped up its two-day Federal Open Market Committee (FOMC) meeting . And as expected, it stayed the course, tapering its monthly asset purchase program by another $10 billion. "Labor market conditions improved, with the unemployment rate declining further," they said. "However, a range of labor market indicators suggests that there remains significant underutilization of labor resources." In other words, there's some slack in the labor markets. "The Committee sees the risks to the outlook for economic activity and the labor market as nearly balanced and judges that the likelihood of inflation running persistently below 2 percent has diminished somewhat," they added.
US Markets, July 30, 2014 - Business Insider
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The MSCI All-Country World Index, which tracks both developed and developing markets, fell 1 percent, headed for the lowest close since June 16. Argentina missed a deadline yesterday to pay $539 million in interest after two days of negotiations in New York failed to produce an agreement with creditors from its last default in 2001. Portugals Banco Espirito Santo said it needs to raise capital after a first-half loss and companies from Adidas AG to Lufthansa AG said unrest in Russia and Ukraine dimmed prospects for growth. Gold Stocks Agnico Eagle sank 8.1 percent to C$40.81, the most since April, to pace declines among raw-materials producers as eight of 10 industries in the S&P/TSX retreated on trading volume 42 percent higher compared with the 30-day average at this time of the day.