NEW YORK (Xinhua) — U.S. stocks soared on Monday, with the S&P 500 snapping a seven-day losing streak, as investors were encouraged by strong holiday sales and new hopes for a more radical European debt solution.
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NEW YORK (Xinhua) — The U.S. dollar rose against most major currencies this week against the backdrop of the ongoing European debt crisis and upbeat economic data.
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BERLIN (Xinhua) — New car sales in the European Union (EU) shrank month on month by 1.8 percent in October, figures from the European Automobile Manufacturers’ Association (ACEA) showed on Wednesday.
The EU’s new vehicle registrations totaled 1,005,976 in October, according to Brussels-based ACEA.
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CHICAGO (Xinhua) — Gold futures on the COMEX Division of the New York Mercantile Exchange retreated on Wednesday, following U.S. equities lower and pressured by the earlier strength in U.S. dollar, as risk appetite continued to be hit amid swelling concern over the debt plaguing the Eurozone.
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NEW YORK (Xinhua) — The competitive divergence between northern and southern European countries caused the “odd dilemma” that European leaders must face in addressing the ongoing sovereign debt crisis, former U.S. Federal Reserve Chairman Alan Greenspan said on Thursday.
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