AP – Are you too late to the rally?
January 30, 2011
Focus on Egypt, earnings, jobs (Reuters)
Reuters – U.S. stocks may struggle to return to firmer footing this week if anti-government riots in Egypt destabilize the Middle East, keeping investors on edge.
CA-CANADA Summary (Reuters)
Reuters – Rising energy and materials shares, spurred by surging oil and gold prices, kept Toronto’s main stock index in positive territory on Friday, fending off a selloff in other areas in the wake of unrest in Egypt. The gain stood in contrast to stocks in the United States and emerging markets, which investors sold in reaction to street battles between protesters and Egyptian security forces.
Gulf stock markets shaken by Egypt unrest (AFP)
AFP – Stock markets in several Gulf countries, where many leading firms have interests in Egypt, dropped Sunday on mounting concerns over developments in the world’s most populous Arab nation.
Egypt turmoil rattles Middle East stock markets (AP)
AP – Investors nervous about instability gripping Egypt drove Middle Eastern stocks down sharply Sunday as markets reopened following a weekend of violent protests.
Gulf stock markets down on Egypt concerns (AFP)
AFP – Several Gulf stock markets dropped Sunday on apparent concerns over developments in Egypt, with the Dubai market leading the plunge with a slide of more than six percent.
Saudi bourse plunges 6.43% on Egypt tensions (AFP)
AFP – The Saudi stock market, the largest Arab bourse, plunged 6.43 percent to 6,267.22 points on Saturday as tensions soared in Egypt, where deadly anti-government protests continued for a fifth day.
January 29, 2011
Focus will be on Egypt, earnings, jobs data (Reuters)
Reuters – U.S. stocks may struggle to return to firmer footing next week if anti-government riots in Egypt destabilize the Middle East, keeping investors on edge.
Egypt riots knock Wall St to biggest drop in 6 months (Reuters)
Reuters – Stocks suffered their biggest one-day loss in nearly six months on Friday as anti-government rioting in Egypt prompted investors to flee to less risky assets to ride out the turmoil.
World markets sink as protests escalate in Egypt (AP)
AP – Escalating protests in Egypt jarred world financial markets on Friday. Stocks fell while the dollar, Treasurys and gold rose as investors sought to reduce their exposure to risk.