Stocks Sink as Treasuries, Yen Rise; Oil Drops on Saudi Output

U.S. stocks extended a sixth weekly drop, the longest slump for the Dow Jones Industrial Average since 2002, and oil slid while Treasuries, the dollar and yen rose amid concern the global economy is slowing. Crude extended losses as OPEC said Saudi Arabia pumped the most since 2008.

See Full Article

Source: BusinessWeek

U.S. stocks sink on debt fears; gold, dollar gain
SAN FRANCISCO (MarketWatch) -- U.S. stocks closed with broad losses Monday as investors transferred holdings into safe-havens such as the dollar and gold on concerns over U.S. debt levels and European...
US close: Stocks fight back
LONDON (SHARECAST) - Stocks finished in positive territory heading into the weekend, winning back some of the losses incurred earlier in the week. The Dow Jones closed up 42 at 12,479, the S&P 500 finished...
Arab stocks suffer from Greek and Italian debt debacle
AMMAN: Arab stock markets lost ground last week as investors came under negative impact from global recovery worries, Europe's debt ordeal and the persistent political turmoil in the Middle East, financial...
US stocks dip on debt worries
US stocks fell on Thursday as the market worried about a possible US debt default if Congress fails to act soon to raise the borrowing limit. The Dow Jones Industrial Average dropped 54.49 points (0.44...
U.S. Stocks Pare Advance on Concern Debt-Ceiling Deal Will Fail
U.S. stocks pared gains, almost erasing a 164-point rally in the Dow Jones Industrial Average, after the Associated Press reported that House Speaker John Boehner said it’s a “crapshoot” whether...
Avoid China Banking Stocks Over Short Term
July 14 (Bloomberg) -- Louis Wong, a director at Phillip Securities HK Ltd., talks about China's banking industry and the debt levels of the country's municipal governments.
NZ stocks fall for eighth session
New Zealand stocks fell for an eighth session, with Westpac Banking leading the exchange lower after a surge in the kiwi dollar sapped offshore demand for shares. Skellerup rose.