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Apr 10, 2014

Wall St drops as tech shares sell off; U.S. bonds jump

NEW YORK, April 10 (Reuters) – Wall Street stocks tumbled on
Thursday as investors exited technology and biotech shares,
extending recent weakness and knocking the Nasdaq down by more
than 3 percent.

The technology-heavy Nasdaq stock index posted its worst
single-day drop since 2011, and yields on the benchmark 10-year
U.S. Treasury note fell to their lowest since February 27 as
investors sought shelter in government debt.

Apr 10, 2014

Tech stocks sink Wall Street; U.S. bonds rally

NEW YORK, April 10 (Reuters) – U.S. technology stocks
slumped on Thursday, resuming recent weakness in shares that had
led U.S. stocks higher for more than a year, while Greece’s
much-heralded return to the bond market buoyed euro zone debt.

The benchmark 10-year U.S. Treasury yield fell to its lowest
level since the beginning of March as investors shifted out of
equities. Technology and biotech shares led the way lower, as
investors continue to question whether high-flying momentum
stocks like TripAdvisor are overvalued.

Apr 10, 2014

Global stocks resume downward trend; U.S. bonds rally

NEW YORK (Reuters) – U.S. and European equity markets resumed their downward trend on Thursday, driving investors into safe-haven government bonds, while Greece’s much-heralded return to the bond market buoyed euro zone debt.

The benchmark 10-year U.S. Treasury yield fell to its lowest level since the beginning of March. On Wall Street, technology and biotech shares led the way lower, as investors continue to question whether high-flying momentum names have come too far, too fast.

Apr 10, 2014

Stocks resume downward trend; U.S. bonds rally

NEW YORK, April 10 (Reuters) – U.S. and European equity
markets resumed their downward trend on Thursday, driving
investors into safe-haven government bonds, while Greece’s
much-heralded return to the bond market buoyed euro zone debt.

The benchmark 10-year U.S. Treasury yield fell to its lowest
level since the beginning of March. On Wall Street, technology
and biotech shares led the way lower, as investors continue to
question whether high-flying momentum names have come too far,
too fast.

Apr 8, 2014

Wall St stocks rise as dollar, euro drop against yen

NEW YORK, April 8 (Reuters) – The dollar and euro fell
sharply against the yen on Tuesday as hopes for additional
stimulus out of Japan faded, while bargain-hunting on Wall
Street lifted stock prices after three days of losses.

The greenback fell 0.60 percent against other major
currencies, and the decline was felt in other markets. Prices of
oil and gold jumped, and U.S. Treasuries added to two days of
strong price gains after the government sold more debt.

Apr 8, 2014

Wall St gets post-selloff bounce; dollar and euro sag vs yen

NEW YORK, April 8 (Reuters) – The dollar and euro fell
sharply against the yen on Tuesday as hopes for additional
stimulus out of Japan faded, while bargain- hunting on Wall
Street lifted stock prices after three days of losses.

U.S. Treasury prices were generally flat after recent gains.

For the second time this week, policymakers from a major
central bank cut short expectations for additional stimulus,
with the governor of the Bank of Japan, Haruhiko Kuroda, saying
Tuesday there was no need for more monetary support to escape
deflation.

Apr 8, 2014

World stocks steady; dollar and euro sag against yen

NEW YORK (Reuters) – The dollar and euro fell sharply against the yen on Tuesday as hopes for additional stimulus out of Japan faded, while world equity markets were relatively stable after three days of losses.

U.S. Treasury prices surrendered some recent gains as the greenback fell. Wall Street clawed back some ground after three days of steep losses.

Apr 7, 2014

Stocks sag around globe; dollar drops as U.S. Treasuries rise

NEW YORK, April 7 (Reuters) – Wall Street stocks slumped on
Monday, extending a broad retreat in global equities markets
from a six-year high touched last week, while U.S. Treasuries’
yields moved lower.

The dollar fell against major currencies as comments by
European Central Bank policymakers curbed expectations of more
euro zone economic stimulus and boosted the euro against the
greenback.

Apr 7, 2014

Wall Street joins broad retreat in global equities

NEW YORK (Reuters) – Wall Street stocks fell 1 percent on Monday, joining a broad retreat in global equities markets from a six-year high touched last week, while U.S. Treasuries’ yields moved lower.

The dollar fell against major currencies as comments from European Central Bank policymakers curbed expectations of more euro zone economic stimulus and boosted the euro against the greenback.

Apr 7, 2014

World stocks fall around globe; U.S. Treasuries rise

NEW YORK (Reuters) – Wall Street stocks sank on Monday, joining a broad retreat in global equities markets from a six-year high touched last week, while U.S. Treasuries’ yields moved lower.

The dollar fell against major currencies as comments from European Central Bank policymakers curbed expectations for more stimulus and boosted the euro against the greenback.