Click chart for in-depth premarket data.
NEW YORK (CNNMoney)
Global markets were in the red as U.S. and Russian officials met in London to try to find a diplomatic solution to an increasingly tense stand-off over the fate of the Ukrainian region of Crimea.
Investors are bracing themselves for Sunday's referendum in Crimea, where voters will decide whether to break away from Ukraine and join Russia. Ukraine and the West have described the vote as illegal. They have accused Russia of violating Ukraine's sovereignty and are threatening sanctions.
Russia's benchmark share index fell about 2%, taking losses for the year so far to nearly 19%, and the ruble weakened further against the dollar. Russian markets have been hit hard by fears that the crisis will deter foreign investment and wipe out growth this year.
U.S. stocks fell Thursday on worries about global tensions and more bad economic news out of China. The Dow fell more than 230 points while the S&P 500 and Nasdaq were off by more than 1%.
U.S. stock futures were making tentative moves higher ahead of Friday's opening bell.
Related: 4 reasons Russia will keep gas exports flowing
European markets were all weaker in morning trading, while Asian markets ended with deep losses. The Nikkei in Japan dropped by 3.3% and the benchmark index in Australia also tumbled by 1.5%.
Recent poor export figures from China and signs that the government may let more companies go to the wall have sparked worries about the pace of growth in the world's second biggest economy.
Related: Fear & Greed Index slipping into neutral
Looking to the economic announcements of the day, the U.S. government will publish the producer price index at 8:30 a.m. ET. Then at 9:55 a.m., the University of Michigan will release its consumer sentiment index.
On the corporate side, Fuel Systems Solutions (FSYS) will report earnings before the bell.
Related: CNNMoney's Tech30
Shares in Aeropostale (ARO) fell in after-hours trading after the retailer reported a bigger-than-expected loss for the most recent quarter. It plans to close about 50 stores this year.
First Published: March 14, 2014: 6:10 AM ET
Anda sedang membaca artikel tentang
Stocks: Global risks take center stage
Dengan url
https://ngopingeteh.blogspot.com/2014/03/stocks-global-risks-take-center-stage.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Stocks: Global risks take center stage
namun jangan lupa untuk meletakkan link
Stocks: Global risks take center stage
sebagai sumbernya
0 komentar:
Posting Komentar