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US stocks drop amid global equity selloff NEW YORK: US stocks dropped sharply in early trade Thursday, following international markets downward as anxiety over global growth continued to prompt selling.About 30 minutes into trade, the Dow Jones Industrial Average stood at 16,062.34, down 79.40 points (0.49 percent).The broad-based S&P 500 fell 13.75 (0.74 percent) to 1,848.74, while the tech-rich Nasdaq Composite Index tumbled 43.05 (1.02 percent) to 4,172.27.Equity markets in Britain and France were down more than 1.0 percent. Asian markets also fell sharply, with Japan's Nikkei tumbling 2.22 percent."Global risk aversion is persisting amid exacerbated global growth concerns, fueled by yesterday's surprising decline in US retail sales," said a market note from Charles Schwab."Moreover, a flare-up in Greek debt concerns, festering Ebola fears, and heightened geopolitical concerns are adding to the dampened global mood."Thursday's declines move the market closer to a full-blown correction, normally considered a drop of 10-20 percent. The S&P 500 has fallen about ...

Bonds rally, stocks fall as global economy fears mount NEW YORK: Stocks took a pounding on Wednesday, although Wall Street managed to pedal back from its steepest lows, and safe-haven government debt prices rose after US and Chinese inflation data fanned worries about a global slowdown. A key gauge of Wall Street anxiety hit its highest level since November 2011 as investors rushed to buy protection against further losses, and options activity surged as investors reevaluated their strategies in light of the latest signs ...
TSX hits eight-month low on US data, oil price TORONTO: Canada's main stock index dropped to its lowest level in eight months on Wednesday as sluggish US economic data revived concerns about global growth and the price of oil remained volatile.Worries about sluggish demand for oil have sent the price of the commodity into a tailspin in the past three months. The price of US crude oil was in negative territory in early trade, and shares of energy producers slipped again.The benchmark TSX has ...
Wall St drops on global economy worry; S&P, Nasdaq down for year NEW YORK: US stocks dropped on Wednesday as economic data buttressed worries over the health of the world economy and signs emerged of slowing merger activity.Each of the major indexes fell more than 2 percent shortly after the open, sending the S&P 500 and Nasdaq into negative territory for the year, before paring losses. The Dow industrials fell into the red for 2014 on Friday.Concern over plunging oil prices, the potential impact of global economic ...
Brazil stocks rise most in three years as Neves gains momentum SAO PAULO: Brazilian stocks skyrocketed on Monday as investors saw a higher likelihood of challenger Aecio Neves defeating President Dilma Rousseff in this month's election.Brazil's Bovespa stock index climbed its most in over three years, while the nation's currency, the real , posted its biggest gain against the US dollar since mid-June.A survey of voter intentions by pollster Sensus released on Saturday showed Neves with about 58.8 percent support, versus 41.2 percent for Rousseff, ahead ...
Wall St drops in late selloff; worst 3 days for S&P 500 since 2011 NEW YORK: The S&P 500 dropped more than 1 percent and posted its worst three-day slide since November 2011 on Monday following worries that global economic weakness will dampen US earnings, along with concern about the spread of Ebola. After trading nearly even for much of the session, stocks fell sharply late in the day and the S&P 500 closed below its 200-day moving average for the first time since Nov. 16, 2012. The CBOE ...
Wall St hits lowest level in 5 months; S&P breaks support NEW YORK: US stocks fell on Monday to continue their recent decline, with the S&P 500 dropping to its lowest level since May on global growth concerns.The benchmark S&P index had slumped 3.1 percent last week and Monday's losses pushed the index below both the 1,900 level and its 200-day moving average of around 1,905, seen as support points.The declines were sparked last week by a cut in the global growth forecast by the International ...


Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln