(AFX UK Focus) 2010-02-05 05:09 GLOBAL MARKETS-Asia shares slide; euro up on Swiss c.bank talk
By Dean Yates
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NYSE, Nasdaq Slide After Obama Proposes Prop Trading Limit
NYSE, Nasdaq Slide After Obama Proposes Prop Trading Limit
NYSE Euronext and Nasdaq OMX Group Inc., the owners of the two largest U.S. stock exchanges, tumbled after President Barack Obama called for restricting trading activities at financial institutions.
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Asia stocks slide on Obama plan
Asia stocks slide on Obama plan
Asian stock markets skidded on Friday and commodity prices fell across the board after U.S. President Barack Obama proposed new restrictions on banks that spurred selling of risky assets.
Read more on Reuters via Yahoo! Canada News
Stocks, Commodities Slide, Treasuries Gain on Obama Bank Reform
Stocks, Commodities Slide, Treasuries Gain on Obama Bank Reform
Jan. 21 (Bloomberg) — Stocks plunged, erasing the Dow Jones Industrial Average’s gain for the year, and Treasuries rose as President Barack Obama proposed limiting risk-taking at banks and concern grew that China will do more to cool its economy.
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