Author Archives: Pan Pylas

World markets surge as S&P strikes four-month high

A new four-month high in the Standard & Poor’s 500 index in the U.S. helped shore up confidence in the markets Monday, September 20, a day before the latest policy statement from the U.S. Federal Reserve, where investors will be looking out for any hints over further measures . . . read more Read More

US consumer confidence drop hits stocks

Renewed fears about the pace of the U.S. economic recovery hit stocks Friday, September 17, after a survey showed consumer sentiment fell to its lowest level in over a year.

The University of Michigan reported that its main consumer sentiment index slipped to 66.6 in September from August’s 68.9 . . . read more Read More