Stock Market Today

European Central Bank issued three-month loan demand lower than expected Wednesday,it slow down the investors’ worry mood that European banking industry need money of European Central Bank to survive, European Central Bank said that the bank has granted 131.9 billion euros (161.5 billion U.S. dollars) of the 91-day loans with a fixed-rate payment of 1% [...]

U.S. stocks ended lower Wednesday; it is the season with worst tape since December 2008, before the release of the important non-farm data in June on Friday, investors worry about the job market prospects because of the disappointing ADP private sector employment data. ET at 16 o’clock on the June 30, the Dow Jones industrial [...]

Emerson Electronics (EMR) said that they have proposed a buy offer with the value of million pounds to the British electricity producer Chloride Group PLC, thus exceeding the offer of the swiss ABB Ltd, 8th of this month, Chloride ABB Board of Directors has recommended that shareholders accept the proposed 864 million pounds, 325 pence [...]

International Monetary Fund President Dominique Strauss-Kahn said on Tuesday that the IMF experts believe that the global economy will continue to recover, but this road of recovery is not flat. When Kahn answered questions after a speech in Peterson Institute for International Economics, he showed that “the global economy will continue to recover, it will [...]

World markets: European markets stumbled across the board, with Britain’s FTSE 100 losing 3.1%, Germany’s DAX giving back 3.3% and France’s CAC 40 falling 4%. Asian markets slumped. Japan’s Nikkei fell 1.3%, Hong Kong’s Hang Seng slid 2.3% and China’s Shanghai Composite slumped 4.3%. Housing market: Home prices rose 3.8% in April versus a year [...]