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European shares slide after Bernanke comments rattle investors
Reuters* FTSEurofirst 300 down 1.5 pct at 1,237.81 * Bernanke stokes QE worries in live Q&A * China data heaps pressure on indexes at 5-yr highs * Banks and Miners top fallers * Halfords wilts in wake of dividend cut By David Brett LONDON, May 23 (Reuters)...Tags: Ben Bernanke, HSBC Holdings plc, Money and Monetary Policy, Passenger Cars, Nissan
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US factory activity slips to 7-month low in May-Markit
ReutersNEW YORK, May 23 (Reuters) - U.S. manufacturing slowed for a second straight month in May as weak overseas demand and government belt-tightening at home led to the sector's most sluggish rate of growth since October, a survey showed on Thursday....Tags: Dwayne Johnson, Ben Bernanke, U.S. Congress
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Factory activity slips to seven-month low in May: Markit
ReutersNEW YORK (Reuters) - Manufacturing slowed for a second straight month in May as weak overseas demand and government belt-tightening at home led to the sector's most sluggish rate of growth since October, a survey showed on Thursday. Financial data firm...Tags: Dwayne Johnson, Ben Bernanke, U.S. Congress
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CANADA FX DEBT-C$ wins back minor gains as FX gyrates
Reuters* C$ at C$1.0334 vs US$, or 96.77 U.S. cents * Sharp swings in yen create havoc elsewhere * Weak China data, Bernanke's easing comments add to worry By Alastair Sharp TORONTO, May 23 (Reuters) - The Canadian dollar won back some slight gains against...Tags: Government Debt, Foreign Exchange Market, Montreal (Canada), Canada, China
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CANADA STOCKS-TSX opens lower on fears of stimulus rollback
ReutersTORONTO, May 23 (Reuters) - Canada's main stock index slumped on Thursday due to concerns about a quicker-than-expected end to the U.S. Federal Reserve's stimulus program, as well as weak economic data from China and Europe. The Toronto Stock Exchange's...Tags: Toronto Stock Exchange, Canada, Stock Market, Toronto (Canada)
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US equities sell-off carries over as stock futures tumble; global markets sliding
NEW YORK (AP) — The momentum of a late sell-off on Wall Street carried over into a second day, sending U.S. futures and global stock markets into retreat. Uncertainty over how committed the Fed remains to a massive bond-buying program scattered...Tags: Japan, Nikkei, Labor Markets, The Gap, Perry Ellis International, Inc.
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WRAPUP 2-U.S. jobless claims data suggests labor market strength
Reuters* Weekly jobless claims fall 23,000 * Four-week average of claims slip 500 * May factory activity growth at seven-month low By Lucia Mutikani WASHINGTON, May 23 (Reuters) - The number of Americans filing new claims for unemployment benefits fell more...Tags: Unemployment, Career and Workplace, Labor Markets, Ben Bernanke, Employment
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GLOBAL ECONOMY-U.S., Chinese factories struggle, Fed hints at less stimulus
Reuters* Chinese factory activity declines in May - PMI * U.S. manufacturing activity hits seven-month low * Euro zone downturn eases slightly * Data and comments from Bernanke send shares plummeting By Andy Bruce and Steven C. Johnson LONDON/NEW YORK,...Tags: Dwayne Johnson, Career and Workplace, Nikkei, HSBC Holdings plc, Labor Markets
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GLOBAL MARKETS-World shares slump on U.S. stimulus, growth fears
Reuters* Signs Fed could taper bond-buying soon trigger share selloff * Weak Chinese factory, euro zone sentiment data add to concerns * Nikkei drops 7.3 pct, Wall Street opens lower * Yen gains over 2 pct against dollar and euro By Richard Hubbard LONDON,...Tags: European Central Bank, Deutsche Bank AG, Nikkei, Foreign Exchange Market, Chicago Board Options Exchange Market Volatility Index
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U.S. crude falls $2, drops below 200-day moving average
ReutersNEW YORK, May 23 (Reuters) - U.S. crude futures fell more than $2 and pushed below the 200-day moving average on Thursday, as a decline in China's factory activity and the possibility that the Federal Reserve could scale back stimulus weighed on oil...Tags: China, Petroleum Industry
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CANADA STOCKS-TSX drops 1 pct on fears of stimulus withdrawal
ReutersTORONTO, May 23 (Reuters) - Canada's main stock index fell more than 1 percent on Thursday, with every major sector in the red, due to concerns about a possible quicker-than-expected end to the U.S. Federal Reserve's stimulus program as well as weak...Tags: Toronto Stock Exchange, Canada, Stock Market, Toronto (Canada)
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Uncertainty about Federal Reserve's commitment to economic stimulus sends markets lower
NEW YORK (AP) — A global stock market slump is continuing on Wall Street as traders worry about how committed the Federal Reserve remains to keeping up its bond-buying program. The Dow Jones industrial average fell 112 points to 15,191 in early...Tags: Financial Markets, Japan, Nikkei, S&P 500, Money and Monetary Policy
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Original site for Federal Reserve topic gallery.
