S&P 500 stock index futures eased modestly on Tuesday after a Moody's warning on France's credit rating and a slowdown in China's growth revived concerns over a worsening debt crisis in Europe and a hard landing for Asian economies.
Goldman Sachs reported a third quarter loss of $393 million on Tuesday, marking only the second time the investment bank has had an unprofitable quarter since going public in 1999.
Goldman Sachs Group Inc posted a wider-than-forecast loss of $428 million for the third quarter, only its second quarterly loss as a public company, hurt by sharp declines in the value of investment securities and customer trading assets.
otal revenues jumped by about 6.6 percent from $26.9 billion to $28.7 billion.
Future on U.S. stocks and other global risk assets declined on Tuesday on the back of weak Chinese economic data and lingering disappointment over the prospects of a strong Eurozone bailout.
China's economic expansion slowed in the third quarter to its weakest pace in more than two years as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.
S&P 500 stock index futures eased modestly on Tuesday after a Moody's warning on France's credit rating and a slowdown in China's growth revived concerns over a worsening debt crisis in Europe and a hard landing for Asian economies.
U.S. stock futures point to lower opening on Tuesday after new data showed that Chinese economy has expanded at a slower rate in the third quarter and quarterly results from IBM failed to impress investors.
World stocks stumbled from the previous day's 1-1/2 month high on Tuesday and government bonds rose as slower-than-expected Chinese growth and a warning on France's triple-A sovereign credit rating prompted investors to cut risks.
China's economic expansion slowed in the third quarter to its weakest pace in more than two years as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.
World stocks stumbled from the previous day's 1-1/2 month high on Tuesday and government bonds rose as slower-than-expected Chinese growth data and a warning on France's triple-A sovereign credit rating prompted investors to cut risks.
European shares fell for a second straight day on Tuesday, with investors cutting their exposure to riskier assets after Moody's warned on France's rating outlook and Chinese data showed growth in the world's second biggest economy slowed.
China's economic expansion slowed in the third quarter to its weakest pace since early 2009 as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.
China's economic expansion slowed in the third quarter to its weakest pace since early 2009 as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.
The horrific video footage of a two-year-old Chinese toddle being run over twice and then ignored by a passer-by has shocked and stunned the world.
The gross domestic product of China has expanded 9.1 per cent in the third quarter from a year earlier, which is the slowest speed in more than two years for the world’s second-largest economy.
European shares were expected to retreat on Tuesday, echoing losses in Asian stocks and commodities, after Germany cautioned against hopes for a quick fix to Europe's debt problem, and on news that China's growth slowed slightly more than expected in the third quarter.
China's economic expansion slowed in the third quarter to its weakest pace since early 2009, but core domestic drivers of growth remained robust, suggesting little chance that monetary policy can be relaxed near term.
Dow Jones Indexes, majority-owned by CME Group Inc , launched two new regional indexes for Asia and Europe on Tuesday, applying a similar methodology to that used for the Dow Jones Industrial Average <.DJIA> in the United States.
Asian stocks and commodities fell on Tuesday after Germany's finance minister cautioned against hopes for a quick fix to Europe's debt problem, and news that China's economic growth slowed a tad in the third quarter added to concerns.
China's economic expansion eased slightly in the third quarter to its slowest pace since the second quarter of 2009 as the world's growth engine strained against tight monetary policy at home and softening demand abroad.
Climate Change is causing plants and animals to grow smaller, researchers have found.