U.S. stocks accelerated dropping Wednesday, with major stock indices down over 1 percent, undermined by sliding crude prices which fell to fresh five-year lows.
U.S. stocks closed slightly lower after wavering between gains and losses Thursday, as investors digested mixed news overseas.
U.S. stocks managed to close in positive territory Wednesday as investors tried to assess the strength of the U.S. economy by a string of mixed economic data.
The U.S. dollar declined against most major currencies Thursday and the euro/dollar rate went up 0. 39 percent in late trading as European Central Bank (ECB) launched a new asset purchase plan to stimulate the waning economy in the eurozone.
U.S. stocks rose Tuesday, with the Dow Jones Industrial Average hitting a record intraday high, boosted by expectations that the Federal Reserve may not send out a hawkish tone Wednesday at the conclusion of its policy meeting. The Dow jumped 100.83 points, or 0.59 percent, to 17,131.97. The S&P 500 climbed 14.85 points, or 0.75 percent, to 1,998.98. The Nasdaq Composite Index surged 33.86 points, or 0.75 percent, to 4, 552.76.
U.S. stocks closed mixed following a volatile session Wednesday, after the Federal Reserve said in its Beige Book that the American economy picked up in the past six weeks.
Thailand's National Economic and Social Development Board (NESDB) on Monday cut its forecast for the country's economic growth in 2014 to a range of 1.5-2.5 percent from the previous 3-4 percent.
China adopted harsh road rules, which have been dubbed by nettizens as "the strictest traffic regulations ever". According to the new rules, 52 different sorts of violations can result in deducting points for punishment, up from 38 under the previous regulation.