Tag Archives: nasdaq composite index

Wall Street rises 1 percent on jobs, Europe (Reuters)

NEW YORK (Reuters) ? Major stock indexes rose more than 1 percent on Friday after data showed the U.S. jobless rate dropped to a 2-1/2 year low and as policymakers appeared to move closer to tackling Europe’s debt crisis. The Dow Jones industrial average (.DJI) gained 121.24 points, or 1.01 percent, to 12,141.27. The Standard & Poor’s 500 Index (.SPX) gained 15.10 points, or 1.21 percent, to 1,259.68. The Nasdaq Composite Index (.IXIC) gained 32.59 points, or 1.24 percent, to … Continue reading

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Asia stocks drop as Italy debt woes brew (AP)

BANGKOK ? Asian stocks fell early Tuesday, as lingering concerns about Italy’s ability to repay its massive debts shook investor sentiment. Japan’s Nikkei 225 index lost 0.4 percent to 8,567.61. South Korea’s Kospi index fell 0.4 percent to 1,895.44. Hong Kong’s Hang Seng index fell 0.6 percent to 19,400.24. Major indexes closed higher last week as Greece and Italy moved to form new governments and took other decisive steps to get their debt troubles under control. News that the two … Continue reading

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