Topic: Juergen Stark
The European Central Bank's announcement today expressed a willingness to prop up the bond market but without providing any specifics on how much it would spend, for how long, or starting when, dashing expectations that the continent had unified around a remedy for the eurocrisis.
Five financial scenarios that seemed impossible a short while ago are becoming likely
09/12/2011 05:00 pm
Stock prices in Europe fall sharply after G7 finance ministers fail to come up with new measures. Bank stock prices, in particular, tumble over concerns of spreading euro debt crisis.
09/12/2011 09:58 am
The Dow fell 303.68 points to close at 10,992.13. The S&P lost 31.67 points to 1,154.23, and the Nasdaq dropped 61.15 points to end the day at 2,467.99.
09/09/2011 05:59 pm