Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: Table './themoney_2011new/watchdog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:40:\"Creating default object from empty value\";s:5:\"%file\";s:62:\"/home/themoney/public_html/modules/taxonomy/taxonomy.pages.inc\";s:5:\"%line\";i:33;}', 3, '', 'http://www.themoneytimes.com/tags/u_s_markets', '', '54.91.172.117', 1454980865) in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: Table './themoney_2011new/watchdog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:12:\"user warning\";s:8:\"%message\";s:176:\"Table './themoney_2011new/nodewords_custom' is marked as crashed and last (automatic?) repair failed\nquery: SELECT pid, path FROM nodewords_custom ORDER BY weight ASC\";s:5:\"%file\";s:71:\"/home/themoney/public_html/sites/all/modules/nodewords/nodewords.module\";s:5:\"%line\";i:1384;}', 3, '', 'http://www.themoneytimes.com/tags/u_s_markets', '', '54.91.172.117', 1454980868) in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: Table './themoney_2011new/watchdog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:388:\"mktime(): It is not safe to rely on the system\'s timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone \'UTC\' for now, but please set date.timezone to select your timezone.\";s:5:\"%file\";s:93:\"/home/themoney/public_html/sites/all/modules/nodewords/nodewords_extra/nodewords_extra.module\";s:5:\"%line\";i:401;}', 3, '', 'http in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

Warning: Table './themoney_2011new/watchdog' is marked as crashed and last (automatic?) repair failed query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:386:\"date(): It is not safe to rely on the system\'s timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone \'UTC\' for now, but please set date.timezone to select your timezone.\";s:5:\"%file\";s:93:\"/home/themoney/public_html/sites/all/modules/nodewords/nodewords_extra/nodewords_extra.module\";s:5:\"%line\";i:406;}', 3, '', 'http:/ in /home/themoney/public_html/includes/database.mysql.inc on line 135
Latest U.S. markets news and updates

Money Matters - Simplified

U.S. markets

US markets continue plunge amid fears of nuclear crisis

Japan crisis loomed large on the U.S. markets as they continued their downward trend for the third consecutive day. The political turmoil in Bahrain and weak report on the housing sector also contributed to the loss.

Markets mixed at the close

New York -- U.S. markets closed mixed Thursday after the U.S. Department of Labor reported first-time jobless claims fell by 17,000 in the week ending Dec. 4.

As expected, the Bank of England left its overnight lending rate unchanged at 0.5 percent Thursday. The leading index in Britain rose 0.4 percent in October, the Conference Board said.

In most of Asia and Europe markets rose. The dollar index, a pro-rated measure of the greenback against six major currencies, rose 0.32 percent to 80.26, climbing for the third consecutive trading session.

Chinese firms find welcome in U.S. markets

New York -- Chinese companies are proving they can hold their own in U.S. markets this year, recent public offerings have shown.

Youku, an online streaming company, has yet to make a profit, but its shares surged 146.5 percent on the New York Stock Exchange after its initial listing this week, The Financial Times reported Thursday.
Consider the company the equivalent of a Chinese Netflix, The Financial Times said.

Shares of Dangdang, an Internet bookseller, rose 77.4 percent after its initial public offering, share prices jumping to $28.39 per share from a starting range between $13 and $15.

Market mixed in early afternoon trading

New York -- U.S. markets opened mixed Thursday after the U.S. Department of Labor reported first-time jobless claims fell by 17,000 in the week ending Dec. 4.

As expected, the Bank of England left its overnight lending rate unchanged at 0.5 percent Thursday. The leading index in Britain rose 0.4 percent in October, the Conference Board said.

In most of Asia and Europe markets rose. The dollar index, a pro-rated measure of the greenback against six major currencies, rose 0.32 percent to 80.26, climbing for the third consecutive trading session.

U.S. markets close with slim gains

New York -- U.S. markets mustered few gains Wednesday with the dollar index extending its rise into the second trading session, climbing 0.18 percent to 80.

The dollar's gain weighed on commodities and U.S. firms that rely on exports. With no major reports on the U.S. economic calendar, Germany reported its trade surplus grew from $16.5 billion in October 2009 to $18.8 billion in October 2010.

The surplus is a reminder of the struggles of the euro, which is shared by countries with economies in decline, such as Greece and Ireland, and countries where an economic recovery has found traction, such as Germany and France.

U.S. markets open flat Wednesday

New York -- U.S. markets opened flat Wednesday with the dollar index extending its gains into the second trading session, rising 0.22 percent to 80.03.

The dollar's gain weighed on commodities and U.S. firms that rely on exports. With no major reports on the U.S. economic calendar, Germany reported its trade surplus grew from $16.5 billion in October 2009 to $18.8 billion for October 2010.

The surplus is a reminder of the struggles of the euro, which is shared by countries with economies in decline, such as Greece and Ireland, and countries where an economic recovery has found traction, such as Germany and France.

U.S. markets close flat

New York -- U.S. markets closed flat Tuesday, failing to hold early gains prompted by a compromise tax plan announced by President Barack Obama.

The White House agreed with Republicans to extend the George W. Bush-era tax cuts for two years for all wage earners, even those earning above $250,000 per year. In return, Republicans agreed to an extension of jobless benefits for workers out of a job for extended periods.

Obama said millions of jobs were at stake. If the tax cuts ended for the middle class, jobs would be lost. With the tax cuts in place, millions of jobs were saved, he said.

U.S. markets rise on tax compromise

New York -- U.S. markets headed higher Tuesday after President Barack Obama announced a compromise had been reached with Republicans on a tentative tax plan.

The White House agreed to extend the George W. Bush era tax cuts for two years for all wage earners, even those earning above $250,000 per year. In return, Republicans agreed to an extension of jobless benefits for workers out of a job for extended periods.

Obama said millions of jobs were at stake. If the tax cuts ended for the middle class, jobs would be lost. With the tax cuts in place, millions of jobs were saved, he said.

U.S. markets rise on tax compromise

New York -- U.S. markets headed higher Tuesday after President Barack Obama announced a compromise had been reached with Republicans on a tentative tax plan.

The White House agreed to extend the George W. Bush era tax cuts for two years for all wage earners, even those earning above $250,000 per year. In return, Republicans agreed to an extension of jobless benefits for workers out of a job for extended periods.

Obama said millions of jobs were at stake. If the tax cuts ended for the middle class, jobs would be lost. With the tax cuts in place, millions of jobs were saved, he said.

Dow ends winning streak

New York -- U.S. markets were mixed Monday after U.S. Federal Reserve Chairman Ben Bernanke said the nation's economic recovery remains fragile.

In an interview aired on the CBS news show "60 Minutes," Bernanke said the central bank would consider expanding its much-criticized $600 billion bond purchasing program if it proved necessary. He also said the recovery "may not be" self-sustaining, The New York Times reported.

The remarks followed Friday's Labor Department report that said the unemployment rate edged up from 9.6 percent to 9.8 percent in November.


Warning: trigger_error(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home/themoney/public_html/includes/database.mysql.inc on line 135

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