Category Archives: Emerging Markets

Stocks rally again on Yellen remarks, emerging markets

The major U.S. stock averages had their third 1%-plus gain in the past four sessions as Janet Yellen, in her first monetary policy testimony before Congress as the new Federal Reserve chair, pledged continuation of the Fed’s recent policies, including … Continue reading

Posted in China, Emerging Markets, Federal Reserve, Stocks

Dow drops 150 points in week, 900 in January

Despite two days on which the Dow climbed an average of 100 points, three days of declines averaging more than 125 points took the Dow down 180 points or 1.1% in the final week of January.

Posted in Emerging Markets, Savings and Consumer Spending, Stocks

Stocks drop, bond prices surge as Fed tapers again

As was widely expected, the Federal Reserve elected to continue tapering its quantitative easing bond purchase program, but the decision had relatively little impact on stock prices, which resumed their decline on Wednesday.

Posted in Bonds, Emerging Markets, Federal Reserve, Stocks

Stocks slump badly on emerging market fears

It was a brutal week for stocks, the worst in seven months, and Friday was the worst day for the Dow since June 20 and was especially bad for emerging markets.

Posted in China, Emerging Markets, Stocks, The U.S. Dollar