US stocks mixed on disappointing data
US stocks opened mixed Wednesday on negative data, although more and more investors believe that a new round of quantitative easing will come.
On the economic front, the Commerce Department said retail sales fell 0.2 percent in May from April as expected, Xinhua reported.
In addition to economic slow-down, investors bet that the European Central Bank, together with the Federal Reserve, push a new round of easing policy sooner than later after Spain's bailout package.
Federal Reserve board member Charles Evans indicated earlier that monetary easing was not necessarily a dead issue, which lifted up the market's sentiment.
The Dow Jones industrial average lost 38.45 points, or 0.31 percent, to 12,535.35. The Standard Poor's 500 was down 6.41 points, or 0.48 percent, to 1,317.83. The Nasdaq Composite Index declined 10.65 points, or 0.38 percent, to 2,831.89.
Comments
More Auckland News
RSS-
Michael Douglas says it is tough filming sex scenes because everybody is a judge.
The 68-year-old actor believes cast, crew and eventually moviegoers are more critical of love scenes because everyone can relate to erotic acts, as opposed to action and shooting ...
-
Chinese influence creating Supercity of sin - Peters
New Zealand First Leader and former Foreign Minister Winston Peters has again lashed out at growing Chinese influence, saying it is turning Auckland into "the Supercity of sin". Mr Peters, who has often been criticised for stirring up xenophobia for the sake of political gain, warned that New Zealand was turning a blind eye to the level of corruption in China. That corruption had already ...
-
Truck and trailer rolls on Auckland motorway
Traffic is backed up from the Newmarket Viaduct to Fanshawe Street after a truck and trailer rolled on State Highway One this afternoon. The accident happened about 2pm, blocking two of the three northbound lanes. Motorists are being warned to expect long delays in the area, where traffic is heavily congested. The truck and trailer have now been cleared from the road, the New Zealand Transport ...
-
Dodgy erectile drugs chemist jailed
An Auckland pharmacist has been jailed for more than four months for a range of drug transgressions, including selling "herbal" erectile dysfunction drugs which contained potentially dangerous medicine.Fadi Iskander, 32, was found guilty in Auckland District Court of 47 of 49 charges brought against him, the Ministry of Health said on Friday.He was sentenced to four months and two ...
-
Outstanding judge to be posthumously knighted
Supreme Court judge Robert Chambers, who died on Tuesday, was to have been knighted in the Queen's Birthday Honours, the Governor-General has revealed. The honour has been bestowed on Justice Chambers posthumously. Lieutenant General Sir Jerry Mateparae said today that Justice Chambers was to be made a Knight Companion of the New Zealand Order of Merit for services to the ...
-
Team NZ sail AC72 at cup venue
Team New Zealand have taken the AC72 catamaran they will use in their challenge for the America's Cup for a sail for the first time off San ...
-
Catherine Zeta-Jones has completed her treatment for bipolar II disorder.
The 'Behind the Candelabra' actor told People: "She comes home tomorrow. She's doing a really good job of getting balanced. I'm proud of her."Although the 43-year-old star's condition hasn't worsened, Catherine - who has two children with Michael, Dylan, 12, and 10-year-old Carys - opted to undergo the treatment as a "proactive" measure.In a ...
-
Air New Zealand offers improved check-in with new Melbourne kiosk service
Air New Zealand customers travelling trans-Tasman and Pacific Island routes have flocked to use the new check-in kiosks introduced this week at Melbourne ...
-
SFO charges seven with house sale fraud
The Serious Fraud Office has accused seven people of defrauding banks of about $9.2 million by supplying false mortgage information on properties in Auckland and Christchurch.The SFO said it had laid 48 charges against the seven Aucklanders, and it named Eli Devoy, 44, who was also known as Ellie Stone, as the primary defendant.The others are Mehrdad Ghorbani, 46, Mehran Ghorbani, 35, Nasrin ...
-
Harry Styles is reportedly being romantically pursued by a host of famous women including Ke$ha and Rihanna.
The 19-year-old lothario reportedly has a host of beauties awaiting his arrival when he and One Direction visit the US next month on their 'Take Me Home' tour, and as well as Ke$ha and Rihanna Rod Stewart's daughter Kimberly is keen to see him again after they spent a night together in Los Angeles last ...
-
Kiwis Aussies saw tornado shred Oklahoma
As the atmospheric conditions brewed perfectly outside Oklahoma City earlier this week to create the monster killer tornado, New Zealanders and Australians from all walks of life watched nearby in fear and awe.There were amateur storm chasers like Tauranga's Neill Ellis, Perth couple Melissa and Brayden Marshall, Brisbane's Dean Naromore who, for their holidays, travelled to ...
-
Carers charged with assaults on teenager
A Taranaki teenager was burned, attacked with a dog and had a swastika drawn on his head in attacks by three people, including his carers, police ...
-
Rihannas dad Ronald Fenty thinks shell get back together with Chris Brown.
Speaking to The Sun newspaper, Ronald said: "I'm still his [Chris Brown's] no.1 fan - I still like Chris regardless. They have a very passionate relationship but if they split up it does not mean it's for ever with them. In a couple of months, they'll be back together."Ronald had a brief telephone chat with his pop star offspring to make sure she was coping after ...
-
Trade surplus smaller than expected
New Zealand's trade surplus in April was smaller than expected as a rise in petroleum imports more than offset increasing meat exports after farmer culled their livestock because of drought.New Zealand's export receipts outpaced imports by $157 million in April for an annual deficit of $694m, according to Statistics New Zealand.That's smaller than the monthly surplus of $475m ...
-
Mila Kunis introduced Ashton Kutcher to her parents last weekend.
The morning after, Ashton, 35, decided to cook up a traditional English breakfast for his girlfriend's parents and sought the best quality ingredients - including bacon, sausages and black pudding, which is made from pigs' blood and oatmeal - for the tasty dish.A source said: "Ashton thought it would be nice to lay on a good old English fry-up. It was knocked up in one ...
-
Brad Pitt doesnt have many friends.
He admitted: "I have very few friends. I have a handful of close friends and I have my family and I haven't known life to be any happier."I'm making things. I just haven't known life to be any happier."The 49-year-old actor fully supported Angelina's decision to have a double mastectomy in February after learning she had an 87 per cent chance of developing ...
-
High Commissioners weekly rent $7500
New Zealand's new High Commissioner in London has been put up in high-end accommodation in Kensington costing $7500 a week. Instead of moving into the official residence, a Clareville St property in the upmarket suburb of Kensington, former Speaker Lockwood Smith is staying in leased accommodation in the same suburb at a cost of £4000 British (NZ$7500) a week. The ...
-
Minister welcomes Rotorua education initiative
Friday, 24 May 2013, 11:28 am Press Release: New Zealand Government Hon Hekia Parata Minister of Education 24 May 2013 Minister welcomes Rotorua education initiative Education Minister Hekia Parata and Rotorua MP Todd McClay have announced a major initiative aimed at improving the educational success of Rotorua's children and young people. Ms Parata says the new education-focused ...
-
Sir Don Mckinnon Recognised For 35 Years of Service
The Rt Hon Sir Donald McKinnon ONZ GCVO - Supreme Award Sir Don McKinnon, whose life's work has involved extending the commercial and moral influence of New Zealand around the world, has been named Supreme Award winner at the 2013 World Class New Zealand Awards. Sir Don received his award from Prime Minister the Rt Hon John Key at a gala dinner in Auckland tonight. From modest ...
-
Answers needed on High Commissioner’s residence
New Zealand taxpayers should be told why they are having to fork out $7500 a week to pay for alternative premises for the High Commissioner in London while the official residence remains empty, Labour's Foreign Affairs spokesperson, Phil Goff, says. "Foreign Affairs has just been savagely restructured, with staff being made redundant and allowances slashed to save ...
-
SFO charges multiple suspects in mortgage fraud
Friday, 24 May 2013, 11:30 am Press Release: Serious Fraud Office Media Release24 May 2013 SFO charges multiple suspects in mortgage fraudThe Serious Fraud Office (SFO) has today laid 48 Crimes Act charges against a group of individuals allegedly involved in a complex series of mortgage frauds. The primary defendant is 44 year-old Eli Devoy (who now goes by the name of Ellie Stone). SFO ...
-
Taking a joint approach to clean winter air
Friday, 24 May 2013, 11:14 am Press Release: Environment Canterbury Taking a joint approach to clean winter airAs winter draws near, people's attention turns both to keeping warm and to the impact this can have on South Canterbury's air quality.Around 80% of the harmful particulate PM10 comes from domestic home heating and these tiny particles are breathed into the lungs ...
News from around our Network
Comments
No comments yet for this story
Have your say