Finance stocks take trading lower
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Axa Asia Pacific was the hardest hit, falling 35c - or 8.5 per cent â-o $3.75 after rejecting a bid by French parent Axa SA, which had offered $4.
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Leading shares closed near day's lows in mid-afternoon trade Friday after much weaker than expected US non-farm payroll data dragged the Dow nearly 200 points lower in morning deals.
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Leading shares closed weaker for the fifth day out of the last six, with the heavyweight mining sector badly hurt, but a relatively mild fall on Wall Street helped ensure that the FTSE 100 finished well off session lows.
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Leading shares closed weaker, albeit off lows, with Wall Street mixed as it recovered, after an initial drop on falling durable goods orders, with a Northern Rock profit warning initiating a UK banking sector slump.
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Stocks edged lower on Wednesday after Standard & Poor's downgraded its rating outlook on several bond insurers, suggesting further potential turmoil in the financial sector.
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Stocks fell on Friday, sending the Nasdaq down more than 1 percent, as investors worried that equities could see more downside as the appetite for riskier assets diminishes further following this week's sell-off.
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Brokerage announces weaker-than-expected results dragged lower by a writedown in the value of some of its assets.
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Stock prices were lower in early trading today as Wall Street awaited minutes from the Federal Reserveâs Aug. 7 meeting, which could provide insight into whether it may cut rates.
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Wall Street stocks were weaker at midmorning on Friday after disappointing earnings from Google (NASDAQ:GOOG) and Caterpillar (NYSE:CAT) and renewed jitters over US mortgage and credit markets.
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BROKER downgrades of three blue-chip stocks and a rise in crude oil futures pushed US stocks lower yesterday as investors looked for a clear sign that Wall Street would continue its year-end rally.
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Leading shares closed lower with defensive stocks such as utilities the major fallers in London, and as Wall Street was sharply down on worries about writedowns and the trade deficit unexpectedly widening.
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US stocks were lower at midmorning on Monday, as talk of deal activity was offset by a renewed rise in bond yields.
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Stocks moved lower on Thursday as a  brokerage downgrade on the oil sector, including Exxon Mobil  Corp. XOM.N, weighed on the market.
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Stock prices are mostly lower, but not showing much change from yesterday&#39;s closing levels. The Dow Jones Industrial Average is down 11 points in today&#39;s early going.
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UK leading shares closed weaker, albeit off day lows after a negative trading session.
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US STOCKS were knocked lower yesterday as investors worried that rising prices for oil and commodities would dent corporate profits, while drug shares fell on possible stricter scrutiny from regulators.
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U.S. stocks declined on Thursday, pushed down by declines in banking shares after Britain's HSBC  warned that bad debts from its U.S. mortgage lending business would hurt results.