06252016Sat
Last update: Sat, 25 Jun 2016 08am

Americas

Markets - Equity - Americas

US stocks drop further; Dow, S&P 500 down 3pc NEW YORK: US stocks dived to session lows at midday Friday after Britain's surprise vote to leave the European Union, with both the Dow and S&P 500 down about three percent.Near 1650 GMT, the Dow Jones Industrial Average was at 17,473.41, down 3.0 percent.The broad-based S&P 500 shed 3.2 percent at 2,046.78, while the tech-rich Nasdaq Composite Index tumbled 3.7 percent to 4,728.22.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Americas

Canadian stocks, currency slide as Brexit raises global growth risks TORONTO: Canada's currency and shares of most of its largest companies weakened in the wake of Britain's vote to leave the European Union on Friday, while government bond yields slipped as investors bet the Bank of Canada will cut interest rates. The threat to global growth that the so-called 'Brexit' presents will prove a headwind for an economy that relies on energy and other commodity exports, analysts and investors said."It increases the risk that deflation ...

Markets - Equity - Americas

US stocks futures down about 3% ahead of Wall Street opening NEW YORK: US stock futures were down about three percent in pre-market trade Friday morning after Britain's surprise decision to vote to exit the European Union.As markets across Asia and Europe plunged after the vote, near 1245 GMT, US futures indices pointed to a 2.7 percent fall in the Dow Jones Industrial Average when the stock markets open at 1330 GMT.The broad-based S&P 500 looked to drop about 3.2 percent, while the futures for the ...

Markets - Equity - Americas

US stocks rally as Britain votes on EU membership NEW YORK: Wall Street stocks rose decisively in early trade Thursday, with banking shares especially strong, as investors bet Britain will vote to stay in the European Union.Although last-minute opinion polls have shown a tight contest, the strong gains in stocks suggested markets believe a "Remain" vote is virtually guaranteed. But if the vote goes for Britain exiting the 28 member European Union, analysts say the result could be big losses in markets.About 40 minutes ...

Markets - Equity - Americas

TSX up, led by energy and financials on rising odds of Britain staying in EU TORONTO: Canada's main stock index rose on Thursday, led by energy and financial stocks as increased chances that Britons will vote to remain in the European Union helped drive global stocks and oil prices higher. The Toronto Stock Exchange's S&P/TSX composite index was up 80.59 points, or 0.58 percent, at 14,084.40, shortly after the open. Nine of the index's 10 main groups were higher. Copyright Reuters, 2016 ...

Markets - Equity - Americas

TSX rises as financials rally ahead of Brexit vote TORONTO: Canada's main stock index firmed to a one-week high on Wednesday, led by financial stocks as investors grew more optimistic that Britons would vote to stay in the European Union. Canada's heavyweight bank stocks were among the most influential movers on the index. Toronto-Dominion Bank rose 0.4 percent to C$56.58 and Royal Bank of Canada climbed by 0.5 percent to C$79.02, while the overall financials group advanced 0.4 percent.Stocks also drew support from Federal ...

Markets - Equity - Americas

Latam stocks, currencies up ahead of British referendum SAO PAULO: Latin American stocks and currencies rose on Wednesday as optimism grew that Britain would vote to remain in the European Union a day before the closely watched referendum.Betting markets have shown bigger chances of a "Remain" victory, though opinion polls have generally indicated a tight race. Investors worry a possible "Brexit" could disrupt financial markets and weigh on global risk appetite.The Mexican peso strengthened for a fourth consecutive day, sidestepping a drop in ...