Top Stories
London Markets: Europe, China worries weigh on U.K.’s FTSE 100
London stocks drop on Friday, with banks and energy majors bearing the brunt of losses.
Market Snapshot: U.S. stocks off after Facebook as Greek fears loom
U.S. stocks resume losing streak on uncertainty about how Europe’s debt troubles will play out.
Currencies: Dollar index slips after 14-session rally
The U.S. dollar index edges lower against most major currencies, pulling back a bit after its longest rally since at least 1985, as traders anticipate news from this weekend’s Group of Eight meeting.
Zynga halted after FB launch, 13% drop
Trading in shares of Zynga Inc. is halted after the social gaming company’s stock falls 13% after the launch of Facebook’s IPO. Other social media stocks also post sharp losses after IPO.
Europe Markets: Europe ends lower on debt, China fears
European stocks end lower, dragged down by continuing worries over debt problems in the euro zone.
IPO Report: Facebook shares mixed in IPO debut
Social network’s shares see mixed trades in debut as a public company. Facebook priced its $16 billion IPO at the high end of its expected range.
India Stocks: India’s pharma, consumer stocks shine
While Indian stocks are among the worst performers among Asian peers this year, the pharmaceutical and consumer discretionary sectors have been booming since March.
Energy Stocks: Chesapeake paces gains as energy stocks rise
Energy stocks pivot away from selling that’s gripped the sector for much of the month of May.
Canadian Markets: Canadian stock index gain as gold shares lead
Toronto’s benchmark index tallies a second day of gains, keying in part off higher gold futures.
Real Estate Weekly: ‘Facebook effect’ on Bay Area real estate
Facebook’s initial public offering is having a marked effect on San Francisco Bay Area real estate, according to one mortgage banker.
