Friday, February 12, 2010

U.S. stocks drop as China, EU spur global worries

Date: Friday, February 12, 2010

U.S.STOCKS DROP AS CHINA, EU SPUR GLOBAL WORRIES
U.S. stocks sink Friday as concerns about global growth spread in the
wake of a report showing sluggish fourth-quarter economic growth in
the euro zone and a move by China to tighten lending.

STOCKS IN FOCUS FOR FRIDAY
Among the companies whose shares are expected to see active trade in
Friday's session are Ingersoll-Rand, Agilent and Duke Energy.

STOCKS IN EUROPE LOWER AFTER DATA, CHINA HIKE
Stocks in Europe ended lower Friday, snapping a four-session run of
gains, hit by weak data out of the euro zone and more signs that China
is acting to cool its economy.

JAPAN, CHINA STOCKS LEAD ASIA MARKETS HIGHER
Asian equity markets end mostly higher Friday after a strong finish on Wall
Street, with resource sector stocks in China, Japan and Australia lifted by a
rise in commodity prices overnight.

WHAT FALLING CONSUMER SENTIMENT TELLS US
This morning's report of an unexpectedly big drop in consumer
sentiment may not be something about which to jump up and down for
joy. But it's not terrible news either.

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