Asian Stocks Rally After Wall Street’s Rebound The key market indexes in Japan, Hong Kong and Australia all added more than 1.2 percent, buoyed by one of the best performances that Wall Street has seen this year. Read more on New York Times
U.S. Stocks Rise as Dow Average Pares Worst May Loss Since 1940 U.S. stocks rose this week, paring the biggest Dow Jones Industrial Average decline in May since 1940, after increasing consumer confidence and home sales as well as China’s commitment to maintain investments in Europe eased concern that a debt crisis is spreading. Read [...]
Europe’s debt woes to weigh on market Share prices are expected to move sideways this week as developments abroad will continue to influence trading in the local stock market. “A lot will depend on the developments abroad, which continues to remain volatile. Read more on Manila Standard Today
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