financial markets

Stocks slumped Wednesday in one of their worst showings this year as Greece, slogging through negotiations with other countries over a bailout, once again cast a long shadow over the financial markets.

Hugh Johnson, chairman of Hugh Johnson Advisors LLC, talks about volatility in the financial markets, Federal Reserve monetary policy and the outlook for U.S. stocks and economy in 2012.

Stocks sank Wednesday as worries about Europe dragged down financial markets. Energy companies fell hard as the price of crude oil plunged 5 percent.

Gold fell below $1,600 for the first time in more than two months.

Stocks and the euro fell Wednesday as worries about Europe hang over financial markets. Energy companies fell hard as the price of crude oil plunged 4 percent.

The dollar and Treasury prices rose as traders shifted money into lower-risk investments.

The so-called Robin Hood tax — a tiny levy on trades in the financial markets that would take money from the banks and give it to the world’s poor — has attracted an array of influential champions.

Typhoon Nesat pounded the Philippines' main island on Tuesday, lashing crop-growing provinces and bringing the capital to a near standstill as it flooded roads, cut power supplies and closed financial markets, government offices, transport and schools.

You've seen all the headlines - Fears grow about eurozone debt, Growth slower than anticipated, Turmoil on the financial markets.

Asian governments face a balancing act as they fight accelerating inflation while economic malaise in the U.S. and turmoil in financial markets threaten to dim the region's growth.

Financial markets reflected rising fears on Monday that Italy could become the next victim of Europe’s debt crisis.

U.S. stocks are set to slip at Friday’s open as uncertainty grips financial markets following Egyptian President Hosni Mubarak's refusal to step down.