Stock Market Today

Fitch Ratings Wednesday said Bank of America Corp、JP Morgan Chase and Wells Fargo & Co and other 20 publicly-listed Bank of America may write-down their home equity investment the most up to 409 billion this year. John Mackerey and Ken Ritz publish report today ,in the worst case, above-mentioned three banks may write-down the home [...]

U.S. stocks ended lower on june 9, disk shocks, the plate of  energy and financial sector in general decline. after German Chancellor Angela Merkel said the timing had to withdraw incentives, U.S. stocks end lower. The euro against the dollar fell below 1.20, also contributed to one of the reasons the stock market decline. Since [...]

When U.S. stocks reach late, German Chancellor Angela Merkel reduce Germany’s 80 billion euros to spending plans for the defense, he said it is the time to withdraw from the government incentives, Germany must draw lessons from the debt crisis. After Merkel made the remarks in the following round, U.S. stocks turn down. Some investors [...]

Dow Jones 10241.38-0.08% The Nasdaq Composite Index 2301.45 +0.89% S & P 500 1100.56 +0.20% FTSE 100 5,211.18 +1.16% Germany’s DAX index 6,054.63 +1.23% Russia’s MICEX index 1,350.48 +0.69% French CAC40 index 3,557.34 +1.59% Hong Kong’s Hang Seng 19,786.71 +1.62% Nikkei 225 9,914.19 +3.24% South Korea’s KOSPI index 1,661.84 +1.93% S & P Asia 50 [...]

Citigroup USD think that the London Interbank Offered (LIBOR) rose to 10-month high last week, it does not mean that the financial system at stake. However, the Bank of Portugal said that the European credit dried up,it threatening the small banks and threaten financial stability. LIBOR rose to 0.5384 last Thursday , the highest since [...]