U.S. markets continued a downward track Tuesday as union workers in Greece called a 24-hour strike to protest a new austerity budget package. Leaders of the Greek government Monday announced an agreement to cut 15,000 public jobs through attrition. The cuts were made to help Greece comply with financial mandates set by the European Union, the European Central Bank and the International Monetary Fund to allow Greece to qualify for continued international assistance. The strike is a vivid reminder that there is more work to be done. Greece has yet to reach an agreement with creditors. In mid-morning trading Tuesday, the Dow Jones industrial average gave up 15.71 points, or 0.12 percent, to 12,829.40. The Standard & Poor's 500 index lost 5.89 points, or 0.44 percent, to 1,338.44. The tech-heavy Nasdaq composite index dropped 9.37 points, or 0.32 percent, to 2,892.62. The 10-year treasury note was yielding 1.96 percent. The euro rose to $1.3214 from Monday's $1.3122. Against the yen, the dollar rose to 77.45 from Monday's 76.58 yen. In Tokyo, the Nikkei 225 index shed 0.13 percent, 11.68 points, to reach 8,917.52. The euro fell to $1.3122 from Friday's $1.3159. Against the yen, the dollar fell to 76.58 from Friday's 76.6 yen.
GMT 19:47 2018 Saturday ,06 January
Global stocks extend rally; London hits record peakGMT 19:22 2018 Wednesday ,03 January
Worldwide stocks start year on a highGMT 10:37 2018 Wednesday ,03 January
Asian markets build on gains, dollar faces further weaknessGMT 17:30 2017 Sunday ,31 December
London stocks end year on record highGMT 18:04 2017 Thursday ,28 December
Miners boost stocks in thin holiday tradingGMT 18:51 2017 Monday ,25 December
Oman’s share index falls on lack of buying supportGMT 08:49 2017 Sunday ,24 December
'Virtual gold' may glitter, but mining it can be really dirtyGMT 17:45 2017 Saturday ,23 December
Madrid stocks sink on Catalan woes; London hits record
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor