Monday, January 26th1.5°C
24779
24806

US stocks fall at midday over Portugal worries

NEW YORK, N.Y. - U.S. stocks are lower at midday as fears about the health of a European bank weigh on the market.

The Dow Jones industrial average was down 109 points, or 0.7 per cent, at 16,876 moments as of 11:45 a.m. on Thursday. The Standard & Poor's 500 index was lower by 11 points, or 0.6 per cent, at 1,961. The Nasdaq was off 29 points, or 0.7 per cent, at 4,389.

U.S. markets were hit by earlier stock losses in Europe, where worries over the health of one of Portugal's largest financial groups slammed stocks and pushed investors into safer bonds.

The yield on the 10-year Treasury note slipped to 2.52 per cent from 2.55 per cent late Wednesday. Yields fall when demand for bonds rises.

The Canadian Press


Read more Business News

23015


Recent Trending




Today's Market
S&P TSX14797.83+18.48
S&P CDNX674.39-3.79
DJIA17678.70+6.10
Nasdaq4771.764+13.885
S&P 5002057.09+5.27
CDN Dollar0.8014-0.0026
Gold1281.40-11.20
Oil46.82-0.49
Lumber314.40+2.90
Natural Gas2.891-0.095

 
Okanagan Companies
Pacific Safety0.14+0.025
Knighthawk0.010.00
QHR Technologies Inc1.39+0.01
Cantex0.035+0.005
Anavex Life Sciences0.18-0.001
Metalex Ventures0.035-0.005
Russel Metals24.45-0.03
Copper Mountain Mining1.09-0.01
Colorado Resources0.135-0.02
ReliaBrand Inc0.006+0.001
Sunrise Resources Ltd0.055+0.03
Mission Ready Services0.24+0.02

 



24667

FEATURED Property
21916961612 Sunrise Road
5 bedrooms 4 baths
$695,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


How to price: workbook approach

In 2008 Self Counsel Press published my book - Pricing Strategies for Small Business. The book is now available in Europe, India, Russia and the United States. The purpose of the book was to make avai...


Ailing Parents: Tax Issues

If your parent has become ill, there can be several tax issues that come into play depending on the nature of their illness, their age and the role that family members are playing. For example, if you...


What do I pay ICBC for anyway?

If you have had ongoing dealings with ICBC as a result of a car accident than you have likely had the pleasure of dealing with at least two sides of ICBC. Initially the relationship starts off pleasan...

_








Member of BC Press Council


24222