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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Wall Street stocks were set for a lower start on Tuesday, as investors returned from the Labor Day long weekend, and faced continued tight money market conditions and uncertainty over whether the Federal Reserve will cut rates this month.
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Shares were set for a weaker start on Friday as investors sought direction after four days of choppy trading and ahead of an interest-rate decision next week.
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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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London equities fell back in opening trade on Thursday as financial stocks continued to drift lower, but bullish commodities prices helped resource companies keep overall losses small.
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Wall Street was lower as a pair of disappointing economic reports added to investor anxiety about the economy.
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US stocks were set for a weaker start on Wednesday, after global equity markets swooned in the wake of a sharp fall in China.
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Leading shares closed down Wednesday, just off session lows, with financial stocks providing the main drag on the Footsie, while Wall Street made heavy losses after disappointing pending home sales data hit investor confidence.
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Stocks headed for a lower open today amid renewed concerns that soured subprime loans will wreak financial havoc and upend the recent run-up on Wall Street.
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Stocks edged lower on Wednesday on disappointment about corporate financial results and uncertainty whether an expected Federal Reserve rate cut could head off a U.S. recession.
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Leading shares closed near lows as Wall Street remained weaker on news of credit default troubles at American International Group Inc., with falls from the UK insurers and banking sectors.
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Wall Street stocks were set for a lower start on Wednesday, as investors looked to pull back some of the market&#39;s sharp gains on Tuesday.
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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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Stocks edged lower on Friday as weaker-than-expected data on new home sales reinforced worries about the housing and mortgage markets.
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European equity markets were lower on Monday, but off their worst levels as heavyweight oil and pharma stocks partially offset losses for financial and mining stocks.
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Stocks fell on Thursday, led lower by tech shares as investors worried about the impact of a slowing economy on the outlook for profits.
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Leading shares closed lower, around the worst levels of the day, as US indices traded mixed, a Next profit warning hit retailers and ex-dividend stocks weighed, dealers said.