Thursday, July 31st20.5°C
21450
21755

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




Recent Trending




Today's Market
S&P TSX15330.74-194.08
S&P CDNX1001.52-9.58
DJIA16563.30-317.06
Nasdaq4369.773-93.129
S&P 5001930.67-39.40
CDN Dollar0.9154-0.0015
Gold1310.00+6.70
Oil98.00-0.17
Lumber326.90+2.50
Natural Gas3.73-0.017

 
Okanagan Companies
Pacific Safety0.18-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.21-0.01
Cantex0.085+0.02
Anavex Life Sciences0.262+0.002
Metalex Ventures0.08-0.005
Russel Metals35.23+0.01
Copper Mountain Mining2.75-0.08
Colorado Resources0.205-0.015
ReliaBrand Inc0.10+0.019
Sunrise Resources Ltd0.03-0.005
Mission Ready Services0.150.00

 





FEATURED Property
20234001804-24 Ave
4 bedrooms 2 baths
$320,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Take charge of your debt

Photo: Thinkstock.comWays to reduce your Debt:Make a budget and get budget counselingA basic first step for debt reduction is to prepare a budget and plan your spending. Once you have a budget, you mu...


Geopolitical tensions rattle markets

The Big Picture Geopolitical tensions rattle markets The spectre of rising geopolitical tensions in Ukraine and Gaza cast a shadow over an otherwise positive week in the markets. News that a passenger...


Learn to delegate effectively

Photo: ContributedI have the pleasure of witnessing people delegate tasks quite often. Sometimes with tremendous success and sometimes with disastrous consequences. I have chaired a lot of committees...

_








Member of BC Press Council


22707