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US stocks sink again; Nasdaq down 1.3pc NEW YORK: The tech-rich Nasdaq Composite Index led Wall Street sharply lower again Friday, closing out a dreary week at its lowest level in more than two months.The Nasdaq sank 54.37 points (1.34 percent) to 3,999.73, its lowest close since February 3, when the index settled for one session below the psychologically important 4,000 level. The Dow Jones Industrial Average tumbled 143.47 (0.89 percent) to 16,026.75, while the broad-based S&P 500 shed 17.39 (0.95 percent) to 1,815.69.US equities were in the red most of the day, but losses deepened in the last 90 minutes of trade. Highflying technology and biotechnology stocks are "driving an overall correction in the market," said Alan Skrainka, chief investment officer at Cornerstone Wealth Management."And how far that goes, and how fast, no one can know."Prominent technology names continued to slump, including Apple (-0.7 percent), Amazon (-1.7 percent), Facebook (-1.1 percent), Priceline (-1.8 percent) and Twitter ...

TSX opens lower on US tech stock slowdown TORONTO: Canada's main stock index opened lower on Friday as weakness in the US technology sector drag further on sentiment for global equities and helped drive down shares in most major groups.The Toronto Stock Exchange's S&P/TSX composite index was down 26.75 points, or 0.19 percent, at 14,281.25 shortly after the open. Copyright Reuters, 2014 ...
Biotech pummeled again, extending Wall St slide NEW YORK: US stocks added to losses on Friday, with the Nasdaq biotech index down more than 20 percent from a recent high as shares in the sector continued to get pummeled.The Dow Jones industrial average fell 88.66 points or 0.55 percent, to 16,081.56, the S&P 500 lost 8.8 points or 0.48 percent, to 1,824.28 and the Nasdaq Composite dropped 21.702 points or 0.54 percent, to 4,032.405. At its session low, the Nasdaq Biotech index ...
US stocks fall after weak Chinese trade data NEW YORK: US stocks Thursday moved lower in early trade as investors weighed weak Chinese trade data and an encouraging report on US jobless claims.About 30 minutes into trade, the Dow Jones Industrial Average edged down 11.69 points (0.07 percent) to 16,425.49.The broad-based S&P 500 dipped 4.49 (0.24 percent) to 1,867.69, while the tech-rich Nasdaq Composite Index fell 31.51 (0.75 percent) to 4,152.39.March trade data for China, the world's second-largest economy, showed imports dropped 11.3 ...
TSX advances after Fed comments ease worries TORONTO: Canada's main stock index climbed on Wednesday after minutes from the Federal Reserve's latest meeting appeared to ease investor fears of an aggressive roll-back of the US central bank's stimulus program.The minutes suggested the Fed might not be in a rush to tighten monetary policy.The commentary helped calm equity markets, which have been volatile due to worries about the Fed's monetary policy direction and its timeline to raise interest rates. A selloff in US ...
Dovish Fed minutes send US stocks up more than 1pc NEW YORK: Wall Street stocks Wednesday bolted higher with tech stocks leading the way after US Federal Reserve minutes showed no support for an early rise in interest rates.At the closing bell, the Dow Jones Industrial Average jumped 180.46 (1.11 percent) to 16,436.60.The broad-based S&P 500 advanced 20.19 (1.09 percent) to 1,872.15, while the tech-rich Nasdaq Composite Index soared 70.91 points (1.72 percent) to 4,183.90.Stocks were higher through early afternoon, but rose more after the ...
Wall St extends gains following Fed minutes: us stocks NEW YORK: US stocks jumped on Wednesday, with the three major indexes hitting session highs, after minutes from the Federal Reserve's latest policy meeting showed a more supportive central bank than previously expected.The Dow and the Nasdaq rose more than 1 percent with internet and biotech stocks leading the gains. Facebook shares jumped 5.6 percent to $61.45.Fed policymakers were unanimous in wanting to ditch the thresholds they had been using to telegraph a policy tightening, ...


Index Closing Chg%
Arrow DJIA 16,424.85 1.00
Arrow Nasdaq 4,086.23 1.29
Arrow S&P 1,862.31 1.05
Arrow FTSE 6,584.17 0.65
Arrow DAX 9,317.82 1.57
Arrow CAC-40 4,405.66 1.39
Arrow Nikkei 14,417.68 3.01
Arrow H.Seng 22,696.01 0.11
Arrow Sensex 22,277.23 0.92

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln