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Latest Japanese yen Stories

2009-09-08 09:25:23

U.S. markets headed up Tuesday morning after the Labor Day holiday break, as gold and silver prices climbed on the New York Mercantile Exchange. Gold climbed to $1,002.40 per troy ounce, the highest since it set a record in March 2008 at $1,038.60. Silver climbed to $16.67 per troy ounce. In midmorning trading, the Dow Jones industrial average gained 21.16 points, 0.22 percent, to 9,462.43. The Standard & Poor's 500 rose 0.65 percent, 6.57 points, to 1,022.97. The Nasdaq index added 9.17...

2009-09-04 15:22:34

U.S. markets shrugged off August's higher unemployment rate Friday, heading up after the Labor Department's early announcement. The department said the jobless rate added 0.3 percentage points to reach 9.7 percent in August on the loss off 216,000 jobs. Construction, manufacturing and finance sectors lost jobs. The healthcare sector added 28,000 positions in the month. By close, the Dow Jones industrial average gained 96.66 points, 1.3 percent, to 9,441.27. The Standard & Poor's 500 rose...

2009-09-04 09:01:43

U.S. markets shrugged off August's higher unemployment rate Friday, heading up after the Labor Department's early announcement. The department said the jobless rate added 0.3 percentage points to reach 9.7 percent in August on the loss off 216,000 jobs. Construction, manufacturing and finance sectors lost jobs. The healthcare sector added 28,000 positions in the month. In midmorning trading, the Dow Jones industrial average gained 20.70 points, 0.22 percent, to 9,365.31. The Standard &...

2009-09-02 15:13:53

U.S. markets waffled up and down Wednesday, then ended the day with a fourth consecutive day of losses. Stocks in Asia and Europe moved lower Wednesday in a correction many predicted. I think we've gotten ahead of ourselves, Stanley Nabi, vice chairman of Silvercrest Asset Management, told The Washington Post. By close, the Dow Jones industrial average dropped 29.93 points, 0.32 percent, to 9,280.67. The Standard & Poor's 500 slid 0.33 percent, 3.28 points, to 994.76. The tech-heavy...

2009-09-02 13:02:55

U.S. investors applied brakes to a three-day slide Wednesday, pulling back to break even after early morning losses. Stocks in Asia and Europe moved lower Wednesday in a correction many predicted. I think we've gotten ahead of ourselves, Stanley Nabi, vice chairman of Silvercrest Asset Management told The Washington Post. In early afternoon trading, the Dow Jones industrial average was ahead 3.25 points, 0.03 percent, to 9,313.85. The Standard & Poor's 500 gained 0.02 percent, 0.22...

2009-09-02 09:17:55

U.S. markets extended a three-day slide Wednesday morning as stocks in Asia and Europe moved lower in a correction many analysts predicted. After a six-month rally, I think we got ahead of ourselves, Stanley Nabi, vice chairman of Silvercrest Asset Management told The Washington Post. In midmorning trading, the Dow Jones industrial average lost 21.47 points, 0.23 percent, to 9,289.13. The Standard & Poor's 500 lost 0.27 percent, 2.73 points, to 995.31. The tech-heavy Nasdaq composite...

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2009-09-01 12:57:36

U.S. markets turned sharply lower Tuesday led by a drop in bank stocks that fell despite signs of an improved economy. The Institute of Supply Management said manufacturing punched into positive territory in August for the first time in 18 months. Many stock analysts, however, have recently predicted a correction in share values. Since March, a leading index of bank shares, the KBW index, has risen 150 percent. In early afternoon trading, the Dow Jones industrial average lost 171.02 points,...

2009-09-01 09:48:59

U.S. markets turned higher Tuesday morning after the Institute of Supply Management said manufacturing punched into positive territory in August. ISM's leading index rose from 48.9 in July to 52.9. Numbers higher than 50 indicate growth, while numbers below indicate contraction. In midmorning trading, the Dow Jones industrial average gained 15.35 points, 0.16 percent, to 9,511.63. The Standard & Poor's 500 index rose 0.27 percent, 2.73 points, to 1,023.41. The Nasdaq index added 15.38...

2009-08-31 14:48:02

The Japanese yen reached a seven-week high against the dollar Monday, as investors reacted to a shift in political power, a market strategist said. If the Democratic Party of Japan's rise to power also heralds a more active reserve management strategy "¦ (the) dollar/yen would come under pressure as the country is one of the world's biggest holders of the dollar debt, Geoffrey Yu at UBS told the Financial Times. The Nikkei 225 average in Tokyo spiked early Monday after Sunday's...

2009-08-31 13:15:34

U.S. markets headed lower Monday following a sharp drop in the Shanghai Composite index, where a slump moved into its fifth consecutive week. In early afternoon trading on Wall Street, the Dow Jones industrial average lost 93.11 points, 0.98 percent, to 9,455.70. The S&P 500 index lost 1.41 percent, 12.14 points, to 1,016.79. The Nasdaq composite index shed 28.55 points, 1.37 percent, to 2,000.93. The Shanghai index lost 2.9 percent Friday and another 6.74 percent Monday. Stocks closed...