Hypo Venture Capital Headlines:Stocks, Commodities, Euro Drop on Economy as Treasuries Advance
posted by jeffersonlao 30 days ago under hypo venture capital, hypo venture capital zurich, hypo venture capital headlines-stocks, commodities, euro drop on economy as treasuries advance
March 22 (Bloomberg) — Stocks and commodities dropped while Treasuries rose for a third day after manufacturing contracted in Europe and China and FedEx Corp. predicted slower growth, undermining confidence in the global economy.
The Standard & Poor’s 500 Index slipped 0.7 percent to 1,392.84 at 10:39 a.m. in New York and the Stoxx Europe 600 Index fell for a fourth straight day, tumbling 1.2 percent. The euro depreciated 0.4 percent to $1.3162. Ten-year Treasury yields declined four basis points to 2.26 percent, and the rate on the German bund decreased seven basis points to 1.91 percent. Copper and oil plunged more than 2 percent and nickel retreated to the lowest price this year. A gauge of European manufacturing fell to 47.7 as factory output unexpectedly shrank in Germany and France, according to London-based Markit Economics. » Hypo Venture Capital Headlines:Stocks, Commodities, Euro Drop on Economy as Treasuries Advance |
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