NCM forecasts rainfall in most Saudi regions until Sunday    SFDA warns of potential risks associated with high doses of Ginseng    King Salman and Crown Prince congratulate new Lebanese President Joseph Aoun    Energy minister: Saudi Arabia is keen on enhancing energy cooperation with Greece    GASTAT: Industrial Production Index rises by 3.4% in November 2024    Minimum 30-day validity of Iqama is required to issue final exit visa    Mexico's Sheinbaum mocks Trump over his 'Gulf of America' idea    Al-Qaryan Group begins 125,000 m2 decommissioning project for Ibn Rushd in Yanbu    Oscar nominations postponed because of LA fires    Stories of heroism emerge as Los Angeles infernos rage    Elon Musk's interference in national debates angers Europe's leaders    Ukraine says it attacked fuel depot serving Russian strategic bombers' air base    Islamic Arts Biennale 2025 to witness first-ever display of full kiswah of Kaaba outside Makkah city    Saudi Arabia tops in venture capital investment, with SR2.8 billion, in MENA in 2024    Oman aims for metro project by 2032, minister says    Rajković shines as Al-Ittihad edge Al-Hilal in dramatic King's Cup quarter-final    Al-Qadsiah secures spot in King's Cup semi-finals with dominant win over Al-Taawoun    Barcelona and Athletic Bilbao arrive in Jeddah ahead of Spanish Super Cup semi-final    Saudi Arabia announces dates and venues for AFC Asian Cup 2027    Demi Moore continues comeback with Golden Globe win    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Wall Street Closing
Published in Saudi Press Agency on 14 - 08 - 2012

U.S. stocks finished mixed on Monday, as investors are debating whether the U.S. economy is weak enough to warrant additional stimulus from the Federal Reserve (Fed).
In world markets, European stocks ended lower, with the declines led by the DAX in Germany falling 0.5 percent. Asian markets also ended lower, with the declines led by the Shanghai Composite falling 1.5 percent.
Hopes for a third round of asset purchases by the Fed have stimulated market gains this year. But July's better-than-expected jobs report raised questions whether the central bank will need to take further action.
In U.S. company news, Google Incorporated is cutting about 4,000 jobs at its Motorola Mobility wireless-telephone business. The changes come as Motorola lost money in 14 of the last 16 quarters. Shares of Google were up on the news.
The U.S. dollar fell against the euro and rose against the yen. Light sweet crude oil for September delivery fell 14 cent to $92.73 a barrel on the New York Mercantile Exchange. Gold futures fell $10.20 to $1,612.60 an ounce.
The Dow Jones industrial average fell 38.52, or 0.3 percent, to 13,169.43. The broader Standard & Poor's 500 index fell 1.76, or 0.1 percent, to 1,404.11. The technology-heavy Nasdaq composite index rose 1.66, or 0.1 percent, to 3,022.52.


Clic here to read the story from its source.