World Stocks Extend Slump on Wall Street Sell-Off – ABC News
“The full consequences of default are not predictable, but they are certainly not positive,” Pollack said. The holdouts, led by NML Capital Ltd., blamed Argentina for the failure to reach an agreement. In a statement, the hedge fund run by New York billionaire Paul Singer said the mediator had proposed “numerous creative solutions,” to resolve the standoff. “Argentina refused to seriously consider any of them, and instead chose to default,” it said. The hedge funds spent more than a decade litigating for payment in full rather than agreeing to provide Argentina with debt relief.
Small stocks sink blog — bad sign for economy? – Aug. 1, 2014
Brent crude, a benchmark for international oils used by many U.S. refineries, fell 18 cents to $105.84 in London. CURRENCIES: The euro drifted down to $1.3390 from $1.3391 late Thursday. The dollar rose to 102.95 yen from 102.78 yen.
Stocks slump as earnings disappoint – Yahoo News
Small caps were even doing well this year up until recently. Almost all of the 2014 losses took place in July. The Russell 2000 slid more than 6% in two weeks after the index added some new stocks and got rid of others. Related: The Russell had been doing great before the rebalance Is this a cause for concern? Some investors view the performance of smaller stocks as a barometer for the economy since many small companies are more exposed to the United States than international markets.
Most active New York Stock Exchange-traded stocks – Yahoo News
Pfizer Inc. fell .4 percent to $30.42 with 8,838,000 shares traded. Rite Aid Corp. fell .5 percent to $7.53 with 18,792,200 shares traded.
Done Stocks slump as earnings disappoint By STEVE ROTHWELL and KAY JOHNSON 37 minutes ago 0 shares . View photo Trader James Dresch, right, works on the floor of the New York Stock Exchange, Monday, June 30, 2014. European stocks were lower Wednesday July 30, 2014 ahead of U.S. economic data while cheery earnings from major Japanese companies such as Honda Motor Co.