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London close: Footsie battered again

Fri 18th May 12, 16:53

Footsie finished not far off its low for the day after a lunch-time rally fizzled out.

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US Close: Facebook fails to lift euro gloom

Dow Jones: -0.59%, S & P 500: -0.74% NASDAQ: -1.24% 14 hours ago

US midday: Facebook flotation can't hide euro terrors

-Euro fears dominate -Facebook IPO raises 16bn but shares now flat Yesterday

BoE´s Posen rethinks his position on quantitative easing

In an interview with newswire MNSI Bank of England policy-maker Adam Posen indicates that his recent decision to drop his call for additional monetary stimulus may have been premature. Yesterday

Europe close: The slump continues

- Greece continues to weigh down markets - Investors react to Moody's downgrade of Spanish banks - Concern over slowing growth in China Yesterday

Facebook shows indicative price of 42 dollars ahead of open

The NASDAQ stock exchange is pairing off orders for shares of social networking site Facebook in order to come up with an indicative price minutes ahead of its market début. Yesterday

Bonds: Yields level out as investors eye G8 meeting

These were the yields and movements on some of the most watched 10 year bonds by the close in Europe: Yesterday

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