Rising dollar, weak economic data drags stocks lower; Dow gives up more than 135 points NEW YORK (AP) — A stronger dollar and more discouraging signs of a subdued economic recovery triggered a broad sell-off in stocks. Major indexes tumbled more than 1 percent Thursday, including …
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Stronger dollar, weak economic data pummels stocks – WallStreet
Posted on: November 20th 2009 in Market News.
Expect 10-20% correction in Asia: Macquarie Securities
Posted on: October 1st 2009 in Market News.
Daniel McCormack, Macquarie Securities: I am cautious on Asian equities as cyclical indicators have started turning down. I expect 10-20% correction in Asia ex-Japan, which would be a buying opportunity in India. I like banking and infra companies in India. source: Read More..
Stock market may correct 15% on polls, earnings worries
Posted on: April 7th 2009 in Market Outlook.
New Delhi: The Dalal Street is expected to see a 15% correction over the next 6-8 weeks, as concerns of a hung Parliament and fear of companies’ earnings declining may bear upon the market sentiment, global financial services major Bank of America-Merrill Lynch says. …
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