International markets roundup
Market watch top headlines
Australian reports
- Aust markets: Market opens lower after US stimulus news
- Aust dollar report: $A plummets as US Fed winds back stimulus
- Aust credit close: Aust bonds weaken on US Fed stance
World reports
- World commodities: Commodities markets summary
- World markets: International markets roundup
AAP
2012-07-09
A roundup of trading on major world markets:
NEW YORK - US stock markets have sunk in opening trade after a fresh batch of dismal employment data was released.
The Dow Jones Industrial Average lost 106.11 points (0.82 per cent) to 12,790.56 in the first minutes of trade on Friday.
The S&P 500 lost 10.69 (0.78 per cent) to 1,356.89, while the tech-rich Nasdaq dropped 19.23 points (0.65 per cent) to 2,956.89.
The Labor Department said the economy generated only a net 80,000 new jobs in June, leaving the unemployment rate at 8.2 per cent.
LONDON - European stock markets fell on Friday as traders brushed off monetary stimulus measures in Europe and China, and focused instead on disappointing jobs data in the United States.
London's benchmark FTSE 100 slid 0.53 per cent to close at 5,662.63 points, Frankfurt's DAX 30 shed 1.92 per cent to 6,410.11 points and in Paris the CAC 40 lost 1.88 per cent to 3,168.79 points.
In Madrid, the Ibex 35 index slumped 3.10 per cent to 6,738.9 points and in Milan the FTSE Mib index was down 2.53 per cent at 13,732 points as investor concerns about Spain and Italy's strained public finances.
In foreign exchange deals, the European single currency fell to $US1.2302 from $US1.2391 late Thursday in New York.
HONG KONG - Asian markets have fallen as apparently coordinated action by Europe and China to stimulate growth failed to reassure wary investors ahead of US jobs data due later in the day.
The slide came as International Monetary Fund chief Christine Lagarde warned the global economy was slowing and said the situation could get worse because Europe was not doing enough to fix its debt crisis.
Tokyo closed down 0.65 per cent, or 59.05 points, at 9,0120.75 and Seoul ended 0.92 per cent, or 17.29 points, lower at 1,858.20, with Samsung Electronics falling despite posting a record quarterly operating profit guidance figure.
Hong Kong ended flat, edging down 0.04 per cent, or 8.49 points, to 19,800.64 while Shanghai bucked the trend to close up 1.01 per cent, or 22.23 points at 2,223.58, with property stocks leading the rise following a rate move.
WELLINGTON - The NZX 50 Index fell 5.49 points, or 0.2 per cent to 3478.7.
