US Treasuries Gain on Increased Demand
Treasuries rose today on increased demand as the government concluded its third auction for the week. More
Pound Loses Ground to Dollar, Euro
London’s FTSE 100 Index shed 1.6 percent today pulling the pound down to $1.6329 US dollars and 58.32 pence to the euro. More
Positive Earnings Reports Lifts Wall Street
Better-than-expected earnings from several key retail stocks helped lift the Dow Jones Industrial Average 180 points (2.2 percent) by 2:00 PM in New York today. More
Yen Falls on Yield Concerns
The yen fell against most of the major currencies today as investor appetite turned to currencies exected to offer higher-yields. More
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