Topic: Bank of Spain
All Content
-
Stocks stumble towards end of solid 3Q
Stocks fell Friday in all industry groups in the S&P 500 except utilities. The biggest losses were in telecommunications and information technology stocks. But the big indices are still up 4 percent or more for three months.
-
Europe unrest reverberates on Wall Street
A dip in home sales and unrest in Europe sent stocks sliding Wednesday, extending the longest losing streak for the S&P 500 since mid-July. European stocks had their worst day in months as unrest threatened to boil over in Greece.
-
Spain's troubles worsen, sparking new phase for euro crisis
Spanish stock prices fall 3 percent Wednesday as Spain's bond rates rise above 6 percent and demonstrators take to the streets to protest anticipated cuts in government spending.
-
Bad reports give Dow its second-worst day of year
The Dow started sinking after the Fed's Philadelphia branch reported a manufacturing slowdown resulting from a steep drop in companies' orders. It only got worse, as the index ultimately lost 250 points to close at 12,573, a 2 percent drop.
-
Focus In Spain, public distrust feeds economic meltdown
In Spain, misinformation and cover-ups have undermined Spaniards' trust in their government and its plan for economic recovery, with repercussions that could resonate all the way in Brussels.
-
Merkel says Europe ready to act as big downgrade hits Spain
Fitch slashes Spain's credit rating three notches to BBB. Germany and the rest of EU are ready to use instruments to support euro zone, Merkel says.
-
Spain capital flight doubles as risk of European bailout rises (+video)
Capital flight from Spain has doubled to a new record and the country has demanded the European Central Bank recapitalize its teetering financial system, warning that the alternative is a broader bailout that could rock the European economy.
-
Stocks fall despite US company profits
The Dow fell 68 points to close at 12964 as a slew of US companies announced big profits Thursday, but investors spooked about the economy sold stocks anyway.
-
Why Moody's downgraded Spain's debt rating
Analysts say Moody's is looking at the worst-case scenario for Spain's struggling economy even though some economist say Spain shows some promising signs.
-
Queen Elizabeth II accepts support freeze; Europe's faces tough cuts
Queen Elizabeth II accepts support freeze, sales taxes are increased, and deep budget cuts are eyed by Europe.
-
Europe's debt woes weigh on stock markets again
European stock markets fell again and the American stock market opened lower over European worries on Monday.
-
A biblical lesson for today's bankers
Just as Joseph stored food ahead of a drought, banks should build capital for lean times.
Become part of the Monitor community