International markets roundup

A roundup of trading on major world markets:

NEW YORK - Nervous investors have sold down US stocks after surviving last week's turbulence, amid continued worries over the potential broader impact of China's slowdown.

After trading lower all day, the Dow Jones Industrial Average finished down 114.98 points (0.69 per cent) at 16,528.03.

The broader S&P 500 lost 16.69 points (0.84 per cent) at 1,972.18, and the Nasdaq Composite gave up 51.82 (1.07 per cent) at 4,776.51.

There was little concrete news to drive trade; the weekend's central banking conference in Jackson Hole, Wyoming, shed no light on whether the Federal Reserve was likely to begin raising interest rates in September.

LONDON - Europe's main stock markets slid as investors, still rattled by last week's turmoil, pondered China's slowing economy and potential US interest rate moves.

The CAC 40 in Paris fell 0.47 per cent to 4,652.95 points, while Frankfurt's DAX 30 slipped 0.38 per cent to end at 10,259.46 points.

London's stock exchange was closed for a British public holiday on Monday.

European stocks could end August with their worst month in four years.

Lingering concerns about China and comments over the weekend by US Federal Reserve officials left analysts Monday split over whether the US Federal Reserve would raise interest rates for the first time since 2006 next month.

HONG KONG - Chinese stocks sank again, dragging most other Asian bourses lower amid uncertainty over US interest rates, reviving fears of a broader global economic slowdown that has rocked the world's financial markets.

Shanghai closed down 0.82 per cent at 3,205.99 and most bourses in Asia followed its lead with Tokyo and Sydney down more than one per cent.

WELLINGTON - The S&P/NZX 50 Index slipped 14.24 points, or 0.3 per cent, to 5656.24.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.7117+0.0007+0.10%
    AUDUSD=X
    0.4629-0.0004-0.10%
    AUDGBP=X
    0.6326-0.0017-0.27%
    AUDEUR=X