FTSE 100 (UKX) Declines Sharply

FTSE 100 Declines Sharply

Recent reports have indicated that the Greek financial crisis and weak economic data in the US has caused the global markets to decline as metal prices faced a downturn and affected the mining industry. The FTSE 100 (UKX) also declined by 52.53 points as it closed with 5,690.02. Aside from the FTSE 100, the FTSE 250 also decreased by 86.2 points as it closed lower with 11,677.2. The FTSE Small Caps also weakened by 9.79 points as it closed with 3,273.34.

Market Gains Led by Retail Stocks Prior to Release of Jobs Report

Market Gains Led by Retail Stocks Prior to Release of Jobs Report

Thursday saw the Dow Jones Industrial Average (INDEXDJX:.DJI) 0.17 percent higher at 12,062.26 as investors took in retail shares due to increased sales prior to the employment report on Friday.

Decline in Stock Index Futures Noted

Decline in Stock Index Futures Noted

A lower open is expected Monday at Wall Street based on the US stock index as futures for the Dow Jones and S&P500 went down by 0.44 and 0.52 percent respectively. Nadaq 100 futures decreased by 0.35 percent

Stocks in Europe declined by 0.7 percent as bank shares decreased and anxiety due to the debt crisis continues. A number of European countries may be forced to request for help from the IMF or the EU to fight off the financial crisis.

Gradual Upward Movement in Stock Index Futures

Gradual Upward Movement in Stock Index Futures

Tuesday saw stock index futures move up as S&P 500 and Dow Jones futures went up by 0.08 and 0.09 percent respectively. The NASDAQ futures went up by 0.02 percent.

Despite the slight stock index futures improvement, the Border Group Inc (NYSE:BGP) shares declined by 8.33 percent after-hours following the resignation of two top officials. The company is currently looking for funding to struggle against credit problems.