Britain suffered further blows to its economic standing on Monday as two top ratings agencies downgraded its sovereign credit score, judging last week's vote to leave the European Union will hurt its economy. Standard & Poor's stripped Britain of its last remaining top-notch credit rating, ...
A man walks into a tailor, orders a custom-made suit and then says he's bound by his own rules to only buy half of it. Sell the rest to someone else, he says. That, essentially, is the conundrum facing S&P Dow Jones Indices, except that ...
Standard & Poor's has cut the nation's long-term credit rating one level to A+, saying it sees little chance of the government's current strategy accelerating growth and inflation over the next few years. The downgrade, announced Wednesday, came just a day after the Bank of ...
U.S. stocks edged lower on Tuesday, with major indexes pulling back from record levels as the recent rally lost steam, and the trend of modest moves and low volume continued heading into the final trading day of the year. Despite the modest move lower, the ...
Standard & Poor's has cast doubt on Prime Minister Shinzo Abe's ability to repair Japan's tattered finances less than two weeks away from a snap election, after Moody's downgraded the country's sovereign debt rating. Abe's decision to delay a sales tax increase by 18 months ...
A plunge in U.S. stocks deepened in afternoon trading Wednesday, sending the Dow Jones industrial average down more than 400 points and putting the index on track for its biggest loss in more than a year. The decline came as investor fears of a global ...
U.S. stocks dropped more than 1 percent on Monday, with the S&P 500 closing below a key technical support level, as declines in energy and airline shares led a late-day selloff. The S&P energy sector lost 2.9 percent, extending recent losses. It is down 7.6 ...
The S&P 500 was unable to hold the 2,000 mark after moving above the milestone level for the first time on Monday, but still managed to close at a record high, buoyed by financials and biotechnology stocks. The significance of the milestone was more psychological ...
