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S&P 500 posts worst day since Oct; energy shares sink NEW YORK: The S&P 500 posted its biggest daily percentage drop since Oct. 22 on Monday as oil's slump to a five-year low caused a selloff in energy shares.Worries about global growth added to the bearish tone. Data showed China's exports grew at a slower-than-expected pace and imports dropped in November, while Japan's economy shrank more than expected in the third quarter. The S&P energy index tumbled 3.9 percent and traded at its lowest since June 2013 as Brent crude fell to a five-year low on predictions oversupply would keep building until next year.Leading the decline, shares of Exxon Mobil fell 2.3 percent to $91.70 while shares of Chevron dropped 3.7 percent to $106.80. The energy index is now down 12.8 percent for the year and is the only major S&P sectors in negative territory for 2014.The S&P 500 is up 11.5 percent for the year so far. Most growth-oriented ...

US stocks stumble, oil falls to 5-year lows NEW YORK: US and European stocks fell on Monday after weak Chinese and Japanese data stoked worries about slowing global economic growth, while oil prices sank to five-year lows on expectations of oversupply into 2015. The euro sagged to 2-1/2-year lows against the dollar after European Central Bank policymaker Ewald Nowotny warned of a "massive weakening" of the euro zone economy and said the purchase of state bonds could provide a boost.His comments came just ...
TSX dives to 7-week low on oil prices, global growth fears TORONTO: Canada's main stock index declined 2 percent to its lowest in seven weeks on Monday, hit by a drop in oil prices that took down oil and gas shares and sluggish data from Asia that raised concerns about the global economy.Weakness in China's imports and a fall in the pace of its export growth highlighted worries about an economic slowdown there, and separate data showed the Japanese economy lost more ground than expected in ...
Wall St flat after Japan, China data; biotechs climb NEW YORK: US stocks were little changed on Monday, as investors weighed the strength of the U.S. economy against global growth concerns following soft data out of China and Japan, while biotechs rose on merger activity.Major indexes opened slightly lower after data showed China's exports grew at a slower-than-expected pace and imports dropped 6.7 percent in November, while Japan's economy shrank more than expected in the third quarter.But signs of strength in the U.S. economy, ...
Wall St slips after Japan, China data; energy drags NEW YORK: US stocks dipped on Monday, after soft data in China and Japan raised global growth concerns, while a further drop in oil prices weighed on energy shares.Data showed China's exports grew at a slower-than-expected pace and imports dropped 6.7 percent in November, while Japan's economy shrank more than expected in the third quarter.The data put a damper on recent enthusiasm over the U.S. economy, after a strong payrolls report on Friday sent the ...
TSX flat, hurt by weakness in banks, oil and gas TORONTO: Canada's main stock index was flat on Friday, rattled by lusterless bank earnings and continued weakness in oil and gas shares, a day after its biggest single-day drop in 18 months.Shares in Bank of Nova Scotia lost 2 percent to C$66.24 after Canada's No. 3 lender reported a weaker-than-expected quarterly profit on previously announced charges related to soured bets in the Caribbean and Latin America.Other banks whose results have failed to impress also slipped. ...
Financials lead Wall St higher, Dow hits record NEW YORK: Bank shares led gains Friday on Wall Street after November payrolls data came in much stronger than anticipated, raising market expectations a rate hike from the Federal Reserve may materialize sooner than previously thought.Payrolls came in at 321,000 for November, the largest number in nearly three years and way above the 230,000 estimated, while the unemployment rate held steady at 5.8 percent, a six-year low. Financials led the S&P 500's gains, up 1 ...

 



 
Index Closing Chg%
Arrow DJIA 17,804.80 0.15
Arrow Nasdaq 4,765.38 0.36
Arrow S&P 2,070.65 0.46
Arrow FTSE 6,545.27 1.23
Arrow DAX 9,786.96 0.25
Arrow CAC-40 4,241.65 0.18
Arrow Nikkei 17,621.40 2.39
Arrow H.Seng 23,116.63 1.25
Arrow Sensex 27,371.84 0.90






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln