Posts Tagged ‘major stock indexes’

South Korea’s central bank cuts policy rate to 3%

Nathan Andrada – Fourth Estate Cooperative Contributor Seoul, South Korea (4E) – The South Korean central bank surprised the markets on Thursday by lowering its key benchmark interest rate by 25 basis points citing worsening economic conditions in the U.S. and Europe, along with softening demand for local goods in emerging markets. Economists see this […]

Major stock indexes post biggest January gains in 15 years

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – January was good for stocks and commodities. Major stock indexes in the United States closed out the first month of the year with the largest gains in 15 years. While the Dow Jones Industrial Average declined 20.81 points Tuesday, the last day […]