Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Stocks, Euro Pare Losses on Speculation of EU Agreement

U.S. Stocks Pare Losses on Speculation of EU Summit Agreement
A trader works on the floor of the New York Stock Exchange (NYSE) in New York. Photographer: Scott Eells/Bloomberg

U.S. stocks and the euro pared losses amid speculation that European leaders were nearing an agreement on plans to halt contagion from the debt crisis.

The Standard & Poor’s 500 Index slipped 0.2 percent to 1,329.01 at 4 p.m. in New York after earlier slumping as much as 1.4 percent. The euro slipped less than 0.2 percent to $1.2447 after earlier dropping as much as 0.5 percent.

Italy and Spain may get short-term relief to ease financing pressure, Xinhua reported, citing a European Union source at the summit in Brussels. German Chancellor Angela Merkel canceled a press briefing at the summit and her spokesman said talks on a growth accord were ongoing.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.