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| | | ... with news that it could have as much as a,-100 billion to save its banks. Hooray! But wait, this a,-100 bil would add to Spanish government debt. Bond markets sent the yield on its bond surging past the "request for bailout mark" of 7%. Boo! Last week ... |
| | | | ... happened there," he said. Wall Street ended the day solidly higher, following European bourses after a moderately successful Spanish bond auction and amid speculation the Federal Reserve would act to stimulate the US economy. The Dow Jones Industrial ... |
| | | | ... 4,167.4 points. Wall Street has ended the day solidly higher, following European bourses after a moderately successful Spanish bond auction and on speculation about more Federal Reserve stimulus. The Dow Jones Industrial Average ended Tuesday at 12,837.33 ... |
| | | | ... quickly as the uncertainty surrounding Greece dissipated, Spain pops up to take its place. News was the yield on 10-year Spanish bonds jumped to a euro area high of 7.28% last night. Boyoboyoboy. Spanish yields eased to around 7.16% at the close. But ... |
| | | | ... 1,344.78. Meanwhile the Nasdaq rose 22.53 points (0.78 per cent) to 2,895.33. LONDON - European and US stocks were mixed and Spanish bond rates hit a record high despite a Greek vote result welcomed by investors, who were nonetheless turning their attention ... |
| | | | ... risk when markets are subject to the actions of policy makers globally". "I don't have an edge on Greek elections, the Spanish banking system, what the European Central Bank, the International Monetary Fund, the Chinese government, Angela Merkel, or ... |
| | | | ... rating to Baa3 - one step above junk - from A3 and warned of the possibility of further downgrades. Fitch Ratings rate Spanish debt one notch higher than Moody's while S&P's score is two grades higher. Then again, they produced their ratings before Spain ... |
| | | | ... as Greece prepares for another election. Adding downward pressure to sentiment was a decision by Fitch to downgrade 18 Spanish banks while the euro was steady against the US dollar and yen. Tokyo closed up 0.60 per cent, or 51.12 points, at 8,587.84 ... |
| | | | ... major European stock markets closed higher after mixed trading, while the euro was steady as enthusiasm over a massive Spanish bank bailout faded. At the close of trading, London's FTSE 100 index of leading companies had gained 0.76 per cent to 5473.74 ... |
| | | | ... real tough when the a,-100 billion pledged to save Spain caused but a fleeting smile from the markets. Yields on 10-year Spanish bonds jumped to 6.8% last night - the highest in the eurozone's history - before settling at a still high 6.4%. Can't blame ... |
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