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Overnight Markets: Wall Street falls on global demand concerns

Wall Street declined on Wednesday on lingering concerns about weak global demand, but an afternoon rebound helped the Standard & Poor’s 500 Index pare its biggest intraday plunge since 2011. The Dow Jones industrial average fell 173 points, or 1.06%, to 16,142, the S&P 500 lost 15 points, or 0.81%, to 1,862 and the Nasdaq

FTSE gains wiped out as Fed rally proves short-lived – Citywire

FTSE gains wiped out as Fed rally proves short-lived – Citywire

Early gains on the FTSE 100 have been wiped out as investors turned their attention from the US Federal Reserve’s dovish stance to the latest eurozone economic woes. The UK blue-chip index rose two points higher at 6,484 after choppy trading. It had reached as high as 6,542 at the open as investors reacted enthusiastically to signals from the Fed that

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