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Showing posts with the label ADFN III World Daily Market Bulletin

ADFN III World Daily Market Bulletin

ADVFN III World Daily Markets Bulletin Daily world financial news US Market Reports Stocks Posting Steep Losses In Early Trading Stocks have shown a notable move to the downside in early trading on Tuesday, giving back some ground after moving sharply higher in recent sessions. The major averages have all slid firmly into negative territory, with the Nasdaq and the S&P 500 pulling back off Monday's multi-year closing highs. The major averages have edged up off their lows for the session in the past few minutes but continue to post steep losses. The Dow is down 98.20 points or 0.7 percent at 13,140.93, the Nasdaq is down 25.06 points or 0.8 percent to 3,053.26 and the S&P 500 is down 9.53 points or 0.7 percent at 1,400.22. Concerns about the outlook for the global economy have contributed to the early weakness on Wall Street, with an executive at mining giant BHP Billiton warning that Chinese iron ore demand in flattening. News that China is raising reta