Asia stocks fall as U.S. data darkens global outlook
SINGAPORE - Asian shares fell on Friday and the safe-haven dollar hovered near its highest in a week-and-a-half after weak manufacturing data from the United States, Europe and China heightened fears over the outlook for global growth.
Recent Business News
Russia's Severstal: to build customers in U.S., no plans to buy assets
DEARBORN, Michigan - Russian steel company Severstal will focus on expanding the customer base for its current plants in the United States rather than buying other factories in the country, Chief Executive Alexey Mordashov said on Thursday.
IGT, Bally get Nevada license for online gaming
- Slot machine makers International Game Technology and Bally Technologies Inc said they have been granted online gaming licenses in Nevada, paving the way for the companies to grab market share when U.S. internet gambling laws are relaxed.
Judge delays ruling on union contracts at American Airlines
- A judge on Thursday postponed a ruling on whether to throw out contracts covering thousands of unionized workers at bankrupt American Airlines, giving labor and management an extra week try and reach deals to save the company money.
U.S. judge allows investor suit over Goldman CDOs
NEW YORK - A U.S. federal judge said on Thursday that shareholders can proceed with a lawsuit accusing Goldman Sachs Group Inc of concealing conflicts of interest in several collateralized debt obligation transactions, the fallout from which caused Goldman's stock price to tumble.
Markets
- U.S.
- Europe
- Asia
- Sectors
| DOW | 12,573.57 |  -250.82 |
-1.96% |
| S&P; 500 | 1,325.51 | -30.18 |
-2.23% |
| NASDAQ | 2,859.09 | -71.36 |
-2.44% |
| TR US Index | 119.78 | -2.80 |
-2.29% |
Sector Summary
| Energy | -3.22% |
| Basic Materials | -2.05% |
| Industrials | -1.59% |
| Cyclical Goods & Services | -1.50% |
| Non-Cyclical Goods & Services | -0.88% |
| Financials | -1.66% |
| Healthcare | -0.92% |
| Technology | -2.43% |
| Telecoms | -0.47% |
| Utilities | -0.63% |
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