Friday, December 19th0.8°C
24562
23664

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

20759


Recent Trending




Today's Market
S&P TSX14468.26+121.51
S&P CDNX676.54+11.04
DJIA17804.8026.65
Nasdaq4765.38+16.983
S&P 5002070.65+9.42
CDN Dollar0.8618+0.0001
Gold1197.20+2.50
Oil56.50+2.39
Lumber338.60+1.70
Natural Gas3.446-0.196

 
Okanagan Companies
Pacific Safety0.12-0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.25-0.03
Cantex0.03-0.005
Anavex Life Sciences0.1726+0.0026
Metalex Ventures0.05-0.005
Russel Metals25.58-0.42
Copper Mountain Mining1.55-0.02
Colorado Resources0.120.00
ReliaBrand Inc0.011-0.0089
Sunrise Resources Ltd0.05-0.005
Mission Ready Services0.215-0.01

 
24130


23041

FEATURED Property
19472584134 Gallaghers Fairway S.
4 bedrooms 3 baths
$689,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


My final thoughts on real estate

This will be the last column I write on real estate. Largely because at the end of the year I will be handing in my license. After 20+ years of working in land development, resort development and rea...


Reflecting on the end of the year

The importance of the end of the year and the Christmas holidays is profound. It is a time to reconnect with family and traditions that have made us who we are. But the year-end has always been a time...


Parenthood: Estates, insurance & taxes

It is now even more important to ensure your loved ones are well looked if anything should happen to you. Here are a few topics to consider helping you prepare for some of the unexpected events that c...

_



24111

24476


Member of BC Press Council


24604