LONDON, Dec 13- Global equities headed for their biggest two-week drop since June and the dollar hit 5- year highs against the yen on Friday amid concern the U.S.» Read More
LONDON, Dec 13- Global equities headed for their biggest two-week drop since June and the dollar hit 5- year highs against the yen on Friday amid concern the U.S.
*FTSE underperforms as RSA plummets. LONDON, Dec 13- European shares edged higher on Friday but remained near two-month lows and were set for their worst fortnight since June, pegged back by concerns over the U.S.
LONDON, Dec 13- Global equities headed for their biggest two-week drop since June and the dollar hit 5- year highs against the yen on Friday amid concern the U.S. Such concerns saw U.S.-based funds pull $6.51 billion out of stock mutual funds in the past week, the biggest outflow this year, according to Thomson Reuters Lipper data.
*FTSEurofirst 300 flat, Euro STOXX 50 edges 0.3 pct higher. LONDON, Dec 13- European shares were holding at two-month lows on Friday and are set for their worst fortnight since June, weighed down by a decline in RSA and by concern over the U.S.
HONG KONG, Dec 13- Hong Kong shares trimmed weekly losses on Friday, with the Chinese banking sector leading a tepid rebound after it was hit this week by worries Beijing would lower 2014 growth targets and signs of quicker interest rate liberalisation. The Hang Seng Index, which closed on Thursday at its lowest since Nov. 18, ended up 0.1 percent at 23,246 points.
TOKYO, Dec 13- The Nikkei stock average ended a three-day run of losses on Friday as the yen slumped to a five-year low against the dollar following strong U.S. retail sales data, lifting the appeal of Japanese equities.
*VIX closes at highest level since mid-October. NEW YORK, Dec 12- U.S. stocks fell on Thursday as retail sales rose solidly in November, adding to signs the economy is strong enough for the Federal Reserve to begin reducing the pace of monetary stimulus.
NEW YORK, Dec 12- U.S. stocks fell on Thursday as retail sales rose solidly in November, adding to signs the economy is strong enough for the Federal Reserve to begin reducing the pace of monetary stimulus. Based on the latest available data, the Dow Jones industrial average fell 104.10 points or 0.66 percent, to end unofficially at 15,739.43.
NEW YORK, Dec 12- U.S. stocks dipped on Thursday as retail sales rose solidly in November, adding to signs the economy is strong enough for the Federal Reserve to begin reducing the pace of monetary stimulus. "Year-end activity is clouding reactions to some economic news," said Drew Wilson, an analyst at Fenimore Asset Management in Cobleskill, New York.
*Hilton Worldwide shares open 6.5 pct above IPO price. NEW YORK, Dec 12- U.S. stocks fell for a third day on Thursday amid uncertainty over how soon the Federal Reserve will trim its market-friendly stimulus program.
*Facebook to join S&P 500. NEW YORK, Dec 12- The S&P 500 was poised to open higher Thursday after posting its biggest decline in over a month a day earlier, as the market digested mixed data that showed a rise in weekly jobless claims and stronger-than-expected retail sales for November.
Shares of Men's Wearhouse are ticking higher after the clothier overcame a sluggish performance from its tuxedo business in the third quarter to top profit and revenue expectations on Wall Street. Net income fell 22 percent, largely on costs related to the acquisition for more than $97 million of JA Holdings Inc., the parent company of the brand Joseph Abboud.
BRP, which was spun off from Bombardier Inc in 2003, listed on the Toronto Stock Exchange in May. The company's competitors include Arctic Cat Inc, Polaris Industries Inc and Yamaha Motor Co Ltd.. The company's shares closed at C $26.83 on the Toronto Stock Exchange on Wednesday.
LONDON, Dec 12- European shares slipped to a two-month low on Thursday, tracking losses on Wall Street and in Asia as markets positioned for data that could determine if the U.S. Investors lowered their exposure to riskier assets after a provisional budget deal in Washington this week eased some of the fiscal drag on the U.S. economy.
*FTSEurofirst 300 slips lower for 2nd day in a row. LONDON, Dec 12- European shares fell for the second consecutive session on Thursday, dented by weaker pharmaceutical stocks and lingering uncertainty over when the U.S.
HONG KONG, Dec 12- Hong Kong shares sank to their lowest in almost four weeks on Thursday, with the Chinese property sector hit by worries about China's 2014 growth target and continuing speculation the U.S. The Hang Seng Index ended down 0.5 percent at 23,218.1 points, while the China Enterprises Index shed 1 percent.
HONG KONG, Dec 12- China shares lingered at their lowest in more than two weeks on Thursday, as weakness in the finance and mining sectors offset strength in pharmaceutical and information technology counters. The CSI300 of the leading Shanghai and Shenzhen A-share listings closed down 0.1 percent at 2,410 points, its lowest closing since Nov. 26.
BANGALORE, Dec 12- Indian shares are forecast to scale new highs next year after elections, attracting offshore funds despite an expected rough period for emerging markets when the U.S.
*Hopes for U.S. economic recovery, softer yen seen lifting index. *Market expects rising corporate profits. TOKYO, Dec 12- A weaker yen is forecast to help boost corporate earnings and drive Japan's Nikkei to double-digit gains next year, a Reuters poll found on Thursday.
TOKYO, Dec 12- Japan's Nikkei share average dropped for a third day to a one-week low on Thursday, led by selling in futures and index heavy weights like SoftBank Corp as the mood was soured by renewed anxiety of an early reduction in U.S. stimulus. The Nikkei ended down 1.1 percent to 15,341.82 after slipping to a low of 15,255.36, the weakest since last Friday.