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Wall Street closes dire month with a whimper
Jun 1st, 2012
NEW YORK (Reuters) - Stocks fell modestly on Thursday to close out the worst month since September as investor sentiment sank on Europe's deepening credit problems. The broad S&P 500 index fell 6.3 percent in May, its largest percentage drop since September. The Dow's 6.2 percent drop and Nasdaq's 7.2 percent loss are their largest monthly declines in two years. Spain was at the center of the latest European developments as markets judged Madrid's government would sooner or later have to ask for outside help for its banks. ... (Source: Reuters) -
WASHINGTON (AP) - The director of the National Security Agency said Tuesday the government's sweeping surveillance programs have foiled some 50 terrorist plots worldwide, including one directed at the New York Stock Exchange, in a forceful defense of spy operations that was echoed by the leaders of the House Intelligence Committee. (Source: As... [Full Article]
Enormous demonstrations have shaken cities across this continent-sized country, and more were expected Tuesday in some of the largest outpourings of frustration in decades over red tape, high prices and ... (Source: Associated Press)... [Full Article]
LAGOS (Reuters) - Nigeria's biggest listed firm Dangote Cement briefly rose 2.38 percent to 215 naira on Tuesday, but gains were quickly reversed to close flat at 210 naira, Reuters data showed. The volatile spike in price occurred a day after its main shareholder sold a 1.5 percent stake in it to South Africa's pension fund PIC for disco... [Full Article]
By Francesca Trianni NEW YORK (Reuters) - New York City unveiled the first of 25 free solar charging stations for mobile phones on Tuesday, installed in response to Superstorm Sandy, which wiped out power and forced residents to walk miles to charge their phones. The Street Charge stations are New York Mayor Michael Bloomberg's latest answer t... [Full Article]
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