Thursday, June 30, 2005

Stock Markets Afternoon News 6/30/2005

Stocks drop as Fed avoids rate pause hint

Reuters - U.S. stocks fell on Thursday after the Federal Reserve raised key interest rates a quarter point for a ninth straight time without hinting that the year-long rate-rise cycle may soon come to an end.

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Dow, Nasdaq Fall; Fed Ups Interest Rates

AP - Disappointed investors sent stocks sliding Thursday after the Federal Reserve said it would continue raising interest rates at a "measured" pace. As expected, the Fed also raised short-term rates for the ninth time in a year.

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Stocks mainly lower as Fed delivers quarter-point hike, quashes hope for pause

Canadian Press - TORONTO (CP) - Stock markets moved lower Thursday afternoon as the U.S. Federal Reserve hiked its key interest rate a quarter-point to 3.75 per cent.

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Dollar hits 9-mth high before rate move

Reuters - The dollar cleared a 9-month high against the yen and an 8-month peak against sterling on Thursday before an expected U.S. interest rate rise that could further boost the dollar's appeal to investors.

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Thursday's Wall Street Glance

AP - Dow Jones Industrials

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Traders Prepare for Fed Comments on Rates

AP - Thursday's trading on Wall Street ought to come with a warning — not for the faint of heart.

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Dollar slips to lows on May durable goods

Reuters - The dollar initially slipped to session lows against the euro on Friday, after a report showed demand for U.S. big ticket items slipped in some categories in May.

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Two More Seat Holders Sue NYSE Over Merger

AP - Two more New York Stock Exchange seat holders filed suit against the Big Board Thursday, seeking the release of documents and records of the exchange's merger agreement with all-electronic rival Archipelago Holdings Inc.

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US blue-chip stocks end lower

Reuters - U.S. blue-chip stocks ended lower on Wednesday, as weakness in Ford Motor Co. shares spread to its Detroit rival and Dow component General Motors Corp., while tech stocks drew support from a higher outlook from Jabil Circuit Inc.

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Stocks seen touch higher on techs

Reuters - Technology stocks could drive U.S. stocks higher early on Wednesday but a fresh earnings warning from Ford and another expected drop in U.S. oil inventories should keep market gains limited.

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Stock Markets Morning News 6/30/2005

Stocks open slightly higher ahead of Fed

Reuters - U.S. stocks opened slightly higher on Thursday, with investors anticipating another interest-rate hike by the Federal Reserve.

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Bank Merger Boosts Stocks Ahead of Fed

AP - Bank of America Corp.'s $35 billion acquisition of credit card issuer MBNA Corp. cheered investors and sent stocks higher Thursday. Trading was still cautious, however, ahead of the Federal Reserve's pending decision on interest rates.

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Stock markets dip despite lower oil price ahead of Fed rate announcement

Canadian Press - TORONTO (CP) - The Toronto stock market slipped Thursday morning as lower oil prices depressed energy stocks and investors took in a better-than-expected reading of the economy for April.

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Dollar hits 9-mth high before rate move

Reuters - The dollar cleared a 9-month high against the yen and an 8-month peak against sterling on Thursday before an expected U.S. interest rate rise that could further boost the dollar's appeal to investors.

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Thursday's Wall Street Glance

AP - Dow Jones Industrials

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Traders Prepare for Fed Comments on Rates

AP - Thursday's trading on Wall Street ought to come with a warning — not for the faint of heart.

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Dollar slips to lows on May durable goods

Reuters - The dollar initially slipped to session lows against the euro on Friday, after a report showed demand for U.S. big ticket items slipped in some categories in May.

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Two More Seat Holders Sue NYSE Over Merger

AP - Two more New York Stock Exchange seat holders filed suit against the Big Board Thursday, seeking the release of documents and records of the exchange's merger agreement with all-electronic rival Archipelago Holdings Inc.

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US blue-chip stocks end lower

Reuters - U.S. blue-chip stocks ended lower on Wednesday, as weakness in Ford Motor Co. shares spread to its Detroit rival and Dow component General Motors Corp., while tech stocks drew support from a higher outlook from Jabil Circuit Inc.

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Stocks seen touch higher on techs

Reuters - Technology stocks could drive U.S. stocks higher early on Wednesday but a fresh earnings warning from Ford and another expected drop in U.S. oil inventories should keep market gains limited.

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Wednesday, June 29, 2005

Stock Markets Afternoon News 6/29/2005

Blue chips fall as 3M, Exxon weigh

Reuters - U.S. blue chip stocks were lower on Wednesday, with shares of industrial companies such as 3M Co. slipping on doubts about economic growth despite an upward revision to first-quarter gross domestic product data.

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Dow, Nasdaq Off in Late Afternoon Trading

AP - Nervous investors sent stocks lower Wednesday as they anxiously awaited the Federal Reserve's decision on interest rates and looked past an increase in U.S. oil inventories and a solid advance in the gross domestic product.

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Stocks lower despite increase in U.S. oil supplies, solid advance in Q1 GDP

Canadian Press - TORONTO (CP) - Stock markets were lower Wednesday afternoon with investors disinclined to do much ahead of Thursday's announcement from the U.S. Federal Reserve on interest rates.

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Dollar at 8 mth high vs yen ahead of Fed

Reuters - The dollar touched a new 8-1/2 month high against the yen on Wednesday as expectations of a U.S. interest rate hike made the greenback more attractive to investors.

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Tuesday's Wall Street Glance

AP - Dow Jones Industrials

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Traders Prepare for Fed Comments on Rates

AP - Thursday's trading on Wall Street ought to come with a warning — not for the faint of heart.

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Dollar slips to lows on May durable goods

Reuters - The dollar initially slipped to session lows against the euro on Friday, after a report showed demand for U.S. big ticket items slipped in some categories in May.

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Two More Seat Holders Sue NYSE Over Merger

AP - Two more New York Stock Exchange seat holders filed suit against the Big Board Thursday, seeking the release of documents and records of the exchange's merger agreement with all-electronic rival Archipelago Holdings Inc.

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US blue-chip stocks end lower

Reuters - U.S. blue-chip stocks ended lower on Wednesday, as weakness in Ford Motor Co. shares spread to its Detroit rival and Dow component General Motors Corp., while tech stocks drew support from a higher outlook from Jabil Circuit Inc.

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Stocks seen touch higher on techs

Reuters - Technology stocks could drive U.S. stocks higher early on Wednesday but a fresh earnings warning from Ford and another expected drop in U.S. oil inventories should keep market gains limited.

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Stock Markets Morning News 6/29/2005

Stocks flat after GDP, before Fed

Reuters - U.S. stocks opened little changed on Wednesday after an upward revision of U.S. gross domestic product growth as investors awaited news from the Fed to shed further light on the state of the economy.

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Stocks Dip Ahead of Oil Inventories Data

AP - Stocks dipped lower Wednesday as investors anticipated a decline in U.S. oil inventories and a subsequent return to record high crude prices.

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Stock market indicators mixed, oil price eases ahead of Fed interest rate talk

Canadian Press - TORONTO (CP) - Global indicators were mixed for North American stock markets early Wednesday as oil prices eased and the U.S. Federal Reserve prepared to discuss raising interest rates.

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Tuesday's Wall Street Glance

AP - Dow Jones Industrials

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Traders Prepare for Fed Comments on Rates

AP - Thursday's trading on Wall Street ought to come with a warning — not for the faint of heart.

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China's talk on yuan pushes yen lower

Reuters - The yen slipped against the euro and inched closer to an eight-month low against the dollar on Monday after China insisted that it would not be bullied into revaluing its currency.

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Dollar slips to lows on May durable goods

Reuters - The dollar initially slipped to session lows against the euro on Friday, after a report showed demand for U.S. big ticket items slipped in some categories in May.

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Two More Seat Holders Sue NYSE Over Merger

AP - Two more New York Stock Exchange seat holders filed suit against the Big Board Thursday, seeking the release of documents and records of the exchange's merger agreement with all-electronic rival Archipelago Holdings Inc.

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US blue-chip stocks end lower

Reuters - U.S. blue-chip stocks ended lower on Wednesday, as weakness in Ford Motor Co. shares spread to its Detroit rival and Dow component General Motors Corp., while tech stocks drew support from a higher outlook from Jabil Circuit Inc.

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Stocks seen touch higher on techs

Reuters - Technology stocks could drive U.S. stocks higher early on Wednesday but a fresh earnings warning from Ford and another expected drop in U.S. oil inventories should keep market gains limited.

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Tuesday, June 28, 2005

Stock Markets Afternoon News 6/28/2005

Stocks rally on oil drop, consumer data

Reuters - U.S. stocks rose on Tuesday, as crude oil's fall to around $58 a barrel and a jump in a gauge of consumer confidence to a three-year high relieved investors' concerns about a slowdown in profit growth and consumer spending.

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Stocks Advance in Late Afternoon Trading

AP - Stocks rallied Tuesday as crude oil futures dropped more than $2 per barrel and a new report showed consumer confidence was at a three-year high. The Dow Jones industrials rose 98 points in late trading.

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Stock markets head up as oil prices fall and consumer confidence improves

Canadian Press - TORONTO (CP) - A retreat in oil prices and an advance in U.S. consumer confidence sent stock markets higher Tuesday.

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Monday's Wall Street Glance

AP - Dow Jones Industrials

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Traders Prepare for Fed Comments on Rates

AP - Thursday's trading on Wall Street ought to come with a warning — not for the faint of heart.

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China's talk on yuan pushes yen lower

Reuters - The yen slipped against the euro and inched closer to an eight-month low against the dollar on Monday after China insisted that it would not be bullied into revaluing its currency.

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Dollar slips to lows on May durable goods

Reuters - The dollar initially slipped to session lows against the euro on Friday, after a report showed demand for U.S. big ticket items slipped in some categories in May.

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Two More Seat Holders Sue NYSE Over Merger

AP - Two more New York Stock Exchange seat holders filed suit against the Big Board Thursday, seeking the release of documents and records of the exchange's merger agreement with all-electronic rival Archipelago Holdings Inc.

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US blue-chip stocks end lower

Reuters - U.S. blue-chip stocks ended lower on Wednesday, as weakness in Ford Motor Co. shares spread to its Detroit rival and Dow component General Motors Corp., while tech stocks drew support from a higher outlook from Jabil Circuit Inc.

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Stocks seen touch higher on techs

Reuters - Technology stocks could drive U.S. stocks higher early on Wednesday but a fresh earnings warning from Ford and another expected drop in U.S. oil inventories should keep market gains limited.

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Stock Markets Morning News 6/28/2005

Stocks aim higher as oil eases off peak

Reuters - U.S. stock futures indicated a higher market open on Tuesday, with equities poised to regain some of the ground they lost over the past few days as oil prices retreated from a record high. Investors are also expecting improved consumer confidence in June.

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Stocks Climb on Drop in Crude Oil Prices

AP - Investors welcomed a dip in crude oil prices Tuesday and sent stocks moderately higher, helping the markets rebound from last week's selloff. A sharp rise in consumer confidence index also encouraged buying.

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North American stock markets move higher as oil retreats from US$60

Canadian Press - TORONTO (CP) - Stock markets opened slightly higher as oil prices relaxed from Monday's record-high close and investors look for bargains after six days of losses for U.S. blue chips.

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Monday's Wall Street Glance

AP - Dow Jones Industrials

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Traders Prepare for Fed Comments on Rates

AP - Thursday's trading on Wall Street ought to come with a warning — not for the faint of heart.

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China's talk on yuan pushes yen lower

Reuters - The yen slipped against the euro and inched closer to an eight-month low against the dollar on Monday after China insisted that it would not be bullied into revaluing its currency.

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Dollar slips to lows on May durable goods

Reuters - The dollar initially slipped to session lows against the euro on Friday, after a report showed demand for U.S. big ticket items slipped in some categories in May.

Read More...

Two More Seat Holders Sue NYSE Over Merger

AP - Two more New York Stock Exchange seat holders filed suit against the Big Board Thursday, seeking the release of documents and records of the exchange's merger agreement with all-electronic rival Archipelago Holdings Inc.

Read More...

US blue-chip stocks end lower

Reuters - U.S. blue-chip stocks ended lower on Wednesday, as weakness in Ford Motor Co. shares spread to its Detroit rival and Dow component General Motors Corp., while tech stocks drew support from a higher outlook from Jabil Circuit Inc.

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Stocks seen touch higher on techs

Reuters - Technology stocks could drive U.S. stocks higher early on Wednesday but a fresh earnings warning from Ford and another expected drop in U.S. oil inventories should keep market gains limited.

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Monday, June 27, 2005

Stock Markets Afternoon News 6/27/2005

Stocks slip as oil gains

Reuters - U.S. stocks slipped on Monday, hurt by oil's move above $60 a barrel to another all-time high and by companies' weak profit outlooks, while Apple Computer Inc. led the decline on Nasdaq.

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Stocks Decline in Late Afternoon Trading

AP - Stocks barely budged Monday as Wall Street steadied itself after last week's losses and waited for the Federal Reserve's meeting on interest rates. Fears that second-quarter earnings could disappoint also weighed on the market.

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Stock markets turn lower on record-high oil, concerns over earnings

Canadian Press - TORONTO (CP) - Record-high oil prices poured cold water on North American stock markets late Monday morning. "The environment is getting awful risky here," said John Johnston, chief strategist at The Harbour Group at RBC Dominion Securities.

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Traders Prepare for Fed Comments on Rates

AP - Thursday's trading on Wall Street ought to come with a warning — not for the faint of heart.

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China's talk on yuan pushes yen lower

Reuters - The yen slipped against the euro and inched closer to an eight-month low against the dollar on Monday after China insisted that it would not be bullied into revaluing its currency.

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Friday's Wall Street Glance

AP - Dow Jones Industrials

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Dollar slips to lows on May durable goods

Reuters - The dollar initially slipped to session lows against the euro on Friday, after a report showed demand for U.S. big ticket items slipped in some categories in May.

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Two More Seat Holders Sue NYSE Over Merger

AP - Two more New York Stock Exchange seat holders filed suit against the Big Board Thursday, seeking the release of documents and records of the exchange's merger agreement with all-electronic rival Archipelago Holdings Inc.

Read More...

US blue-chip stocks end lower

Reuters - U.S. blue-chip stocks ended lower on Wednesday, as weakness in Ford Motor Co. shares spread to its Detroit rival and Dow component General Motors Corp., while tech stocks drew support from a higher outlook from Jabil Circuit Inc.

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Stocks seen touch higher on techs

Reuters - Technology stocks could drive U.S. stocks higher early on Wednesday but a fresh earnings warning from Ford and another expected drop in U.S. oil inventories should keep market gains limited.

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Stock Markets Morning News 6/27/2005

Stocks flat after oil pushes past $60

Reuters - U.S. stocks were nearly unchanged on Monday, as record-breaking crude oil prices tempered investors' appetite for equities.

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Stocks Are Mixed on Surging Oil Prices

AP - Wall Street rebounded modestly Monday as stocks depressed by last week's selloff drew buyers back to the market despite a further advance in oil prices.

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Stocks mixed: US$60 oil mutes buying interest ahead of expected rate hike

Canadian Press - TORONTO (CP) - The Toronto stock market moved up Monday morning as fresh record prices for crude oil pushed energy shares higher.

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Traders Prepare for Fed Comments on Rates

AP - Thursday's trading on Wall Street ought to come with a warning — not for the faint of heart.

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China's talk on yuan pushes yen lower

Reuters - The yen slipped against the euro and inched closer to an eight-month low against the dollar on Monday after China insisted that it would not be bullied into revaluing its currency.

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Friday's Wall Street Glance

AP - Dow Jones Industrials

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Dollar slips to lows on May durable goods

Reuters - The dollar initially slipped to session lows against the euro on Friday, after a report showed demand for U.S. big ticket items slipped in some categories in May.

Read More...

Two More Seat Holders Sue NYSE Over Merger

AP - Two more New York Stock Exchange seat holders filed suit against the Big Board Thursday, seeking the release of documents and records of the exchange's merger agreement with all-electronic rival Archipelago Holdings Inc.

Read More...

US blue-chip stocks end lower

Reuters - U.S. blue-chip stocks ended lower on Wednesday, as weakness in Ford Motor Co. shares spread to its Detroit rival and Dow component General Motors Corp., while tech stocks drew support from a higher outlook from Jabil Circuit Inc.

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Stocks seen touch higher on techs

Reuters - Technology stocks could drive U.S. stocks higher early on Wednesday but a fresh earnings warning from Ford and another expected drop in U.S. oil inventories should keep market gains limited.

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Friday, June 24, 2005

Stock Markets Afternoon News 6/24/2005

U.S. stocks hit by high oil

Reuters - U.S. stocks fell on Friday as oil prices stayed firm around $60 a barrel, hurting heavy-equipment maker Caterpillar Inc. and retailer Wal-Mart Stores Inc. and pushing the Dow to its lowest level in nearly six-weeks.

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Most North American indexes negative, show impact of surging crude oil prices

Canadian Press - TORONTO (CP) - Rising crude oil prices continued to batter North American indexes Friday afternoon, with Toronto's main market managing only minor gains even as Canada's inflation rate in May actually declined with lower gasoline prices in that month.

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Stocks Drop Sharply on Oil Price Jitters

AP - Stocks fell sharply for a second straight session Friday as investors, unable to shake their jitters over high oil prices, ignored mostly upbeat government data showing strong sales last month of durable goods and new homes. The major indexes were headed for sharp losses for the week as well.

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Dollar slips to lows on May durable goods

Reuters - The dollar initially slipped to session lows against the euro on Friday, after a report showed demand for U.S. big ticket items slipped in some categories in May.

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Euro dips briefly below $1.20

Reuters - The euro fell briefly below $1.20 for the first time in 10 months on Friday, but recovered some ground as investors waited to see what, if anything, ECB Bank President Jean-Claude Trichet would say on interest rates in a speech later in the session.

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Wall Street Glance

AP - Dow Jones Industrials

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Two More Seat Holders Sue NYSE Over Merger

AP - Two more New York Stock Exchange seat holders filed suit against the Big Board Thursday, seeking the release of documents and records of the exchange's merger agreement with all-electronic rival Archipelago Holdings Inc.

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US blue-chip stocks end lower

Reuters - U.S. blue-chip stocks ended lower on Wednesday, as weakness in Ford Motor Co. shares spread to its Detroit rival and Dow component General Motors Corp., while tech stocks drew support from a higher outlook from Jabil Circuit Inc.

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Stocks seen touch higher on techs

Reuters - Technology stocks could drive U.S. stocks higher early on Wednesday but a fresh earnings warning from Ford and another expected drop in U.S. oil inventories should keep market gains limited.

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Tenacious Markets to Be Put to the Test

AP - The stock market has proven to be downright scrappy, with investors still bidding stocks higher last week as crude oil prices topped $58 per barrel and the nation's economic picture remained muddled.

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Stock Markets Morning News 6/24/2005

Stocks fall on concern over oil prices

Reuters - Stocks declined on Friday as oil held close to a record high, raising concern that higher energy costs will eat into corporate profits.

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Stocks Head Lower As Oil Prices Stay High

AP - Stocks wobbled lower Friday as investors, unable to shake their jitters over high oil prices, shrugged off mostly upbeat government data showing strong sales last month of durable goods and new homes.

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Dollar slips to lows on May durable goods

Reuters - The dollar initially slipped to session lows against the euro on Friday, after a report showed demand for U.S. big ticket items slipped in some categories in May.

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Global stock market signals negative, show impact of surging crude oil prices

Canadian Press - TORONTO (CP) - Hurt by rising crude oil prices, global indicators were mostly negative for North American stock markets early Friday - even as Canada's inflation rate in May declined with lower gasoline prices.

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Euro dips briefly below $1.20

Reuters - The euro fell briefly below $1.20 for the first time in 10 months on Friday, but recovered some ground as investors waited to see what, if anything, ECB Bank President Jean-Claude Trichet would say on interest rates in a speech later in the session.

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Wall Street Glance

AP - Dow Jones Industrials

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Two More Seat Holders Sue NYSE Over Merger

AP - Two more New York Stock Exchange seat holders filed suit against the Big Board Thursday, seeking the release of documents and records of the exchange's merger agreement with all-electronic rival Archipelago Holdings Inc.

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US blue-chip stocks end lower

Reuters - U.S. blue-chip stocks ended lower on Wednesday, as weakness in Ford Motor Co. shares spread to its Detroit rival and Dow component General Motors Corp., while tech stocks drew support from a higher outlook from Jabil Circuit Inc.

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Stocks seen touch higher on techs

Reuters - Technology stocks could drive U.S. stocks higher early on Wednesday but a fresh earnings warning from Ford and another expected drop in U.S. oil inventories should keep market gains limited.

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Tenacious Markets to Be Put to the Test

AP - The stock market has proven to be downright scrappy, with investors still bidding stocks higher last week as crude oil prices topped $58 per barrel and the nation's economic picture remained muddled.

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Thursday, June 23, 2005

Stock Markets Afternoon News 6/23/2005

U.S. stocks fall as oil hits record

Reuters - U.S. stocks fell on Thursday as oil prices hit a record $60 a barrel, with lower outlooks from transportation and retail companies offering proof of oil's drag on profits.

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Stocks Drop Sharply As Oil Surges to $60

AP - Stocks dropped sharply Thursday as oil reached a new all-time high over $60 per barrel, prompting a selloff in a battered transportation sector that spread to the rest of the market. The Dow Jones industrials were off 111 points.

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North American markets fail to find traction as crude oil prices move higher

Canadian Press - TORONTO (CP) - North American stock markets were mostly flat late Thursday morning, with investors laying low while crude oil prices climbed.

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Two More Seat Holders Sue NYSE Over Merger

AP - Two more New York Stock Exchange seat holders filed suit against the Big Board Thursday, seeking the release of documents and records of the exchange's merger agreement with all-electronic rival Archipelago Holdings Inc.

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Euro slips again, rate cut talk persists

Reuters - The euro slipped toward last week's nine-month low against the dollar on Thursday as expectations grew European interest rates would move further below those in the United States.

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Wednesday's Wall Street Glance

AP - Dow Jones Industrials

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US blue-chip stocks end lower

Reuters - U.S. blue-chip stocks ended lower on Wednesday, as weakness in Ford Motor Co. shares spread to its Detroit rival and Dow component General Motors Corp., while tech stocks drew support from a higher outlook from Jabil Circuit Inc.

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Stocks seen touch higher on techs

Reuters - Technology stocks could drive U.S. stocks higher early on Wednesday but a fresh earnings warning from Ford and another expected drop in U.S. oil inventories should keep market gains limited.

Read More...

Tenacious Markets to Be Put to the Test

AP - The stock market has proven to be downright scrappy, with investors still bidding stocks higher last week as crude oil prices topped $58 per barrel and the nation's economic picture remained muddled.

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U.S. shares trim gains as oil spurts

Reuters - U.S. stocks were little changed on Monday, trimming earlier gains as oil spurted above $55 a barrel, raising concerns about corporate earnings and reduced consumer spending.

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Stock Markets Morning News 6/23/2005

Stocks open lower after profit warnings

Reuters - U.S. stocks opened lower on Thursday after a series of earnings warnings from companies including FedEx Corp. and Rite Aid Corp. .

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Stocks Are Mixed on Rising Oil Prices

AP - Wall Street was again mired in indecision Thursday as oil prices rose modestly and the government released upbeat news on the labor market.

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Global indicators mixed as crude oil prices move higher

Canadian Press - TORONTO (CP) - Global indicators were mixed for North American stock markets early Thursday as oil prices rose and the main Toronto index sat at a 4 1/2-year high above 10,000 points.

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Euro slips again, rate cut talk persists

Reuters - The euro slipped toward last week's nine-month low against the dollar on Thursday as expectations grew European interest rates would move further below those in the United States.

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Wednesday's Wall Street Glance

AP - Dow Jones Industrials

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US blue-chip stocks end lower

Reuters - U.S. blue-chip stocks ended lower on Wednesday, as weakness in Ford Motor Co. shares spread to its Detroit rival and Dow component General Motors Corp., while tech stocks drew support from a higher outlook from Jabil Circuit Inc.

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Stocks seen touch higher on techs

Reuters - Technology stocks could drive U.S. stocks higher early on Wednesday but a fresh earnings warning from Ford and another expected drop in U.S. oil inventories should keep market gains limited.

Read More...

Tenacious Markets to Be Put to the Test

AP - The stock market has proven to be downright scrappy, with investors still bidding stocks higher last week as crude oil prices topped $58 per barrel and the nation's economic picture remained muddled.

Read More...

U.S. shares trim gains as oil spurts

Reuters - U.S. stocks were little changed on Monday, trimming earlier gains as oil spurted above $55 a barrel, raising concerns about corporate earnings and reduced consumer spending.

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Dollar rises after April U.S. trade data

Reuters - The dollar gained against the euro and yen on Friday, after a report showed a narrower-than-expected U.S. trade deficit in April and a revised improvement in the March shortfall.

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Tuesday, June 14, 2005

Stock Markets Morning News 6/14/2005

Stocks open flat; retail data offsets PPI

Reuters - U.S. stocks opened flat on Tuesday as a surprising drop in May retail sales offset tame producer prices data that eased inflation concerns.

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TSX down on resources stocks, NY markets advance on economic data

Canadian Press - TORONTO (CP) - Resources stocks took the Toronto stock market lower Tuesday morning, but New York indexes were positive as investors weighed a better-than-expected reading on inflation amid disappointing retail sales data.

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Stocks Move Higher on Benign Inflation

AP - Investors sifting through a mix of retail and inflation data nudged stocks higher in early trading Tuesday. Upbeat earnings report contributed to the gains.

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Wall St seen higher; data in focus

Reuters - Wall Street was expected to edge higher on Tuesday, although investors could be cautious ahead of key U.S. economic data that should yield clues on inflation and monetary policy.

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Monday's Wall Street Glance

AP - Dow Jones Industrials

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Dollar hits peak vs euro, then eases

Reuters - The dollar hit a nine-month high against the euro on Monday, helped by interest rate differentials in the United States' favor and continued concern over Europe's economy and political structures.

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U.S. shares trim gains as oil spurts

Reuters - U.S. stocks were little changed on Monday, trimming earlier gains as oil spurted above $55 a barrel, raising concerns about corporate earnings and reduced consumer spending.

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Shares climb, but trim gains on oil spurt

Reuters - U.S. stocks were little changed on Monday, trimming earlier gains as oil spurted above $55 a barrel, raising concerns about corporate earnings and reduced consumer spending.

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Investors Hoping Wall Street Extends Rally

AP - After a week of treading water on Wall Street, some investors may be wondering if the stock market can extend its spring rally into the summer.

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Dollar rises after April U.S. trade data

Reuters - The dollar gained against the euro and yen on Friday, after a report showed a narrower-than-expected U.S. trade deficit in April and a revised improvement in the March shortfall.

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Monday, June 13, 2005

Stock Markets Afternoon News 6/13/2005

Shares climb on M. Stanley, United Tech

Reuters - U.S. stocks pushed ahead on Monday, with shares of Morgan Stanley advancing.

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Stocks Rise on Morgan Stanley News

AP - Stocks rebounded Monday as investors grew more confident ahead of key economic reports due later this week, and following the announcement that embattled Morgan Stanley CEO Phil Purcell would soon retire. But rising oil prices limited the gains.

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Stocks higher on hopes that data will indicate Fed rate hike intentions

Canadian Press - TORONTO (CP) - North American stock markets were moderately higher Monday afternoon as investors hope economic data coming out this week will bolster hopes that the U.S. Federal Reserve is coming to the end of its run of interest rate hikes.

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Dollar hits 9-month high on rate outlook

Reuters - The dollar jumped to a nine-month high against the euro on Monday, helped by interest rate differentials in the United States' favor and concern about the future of political integration in the euro zone.

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Stocks seen flat at open; GM, Boeing eyed

Reuters - U.S. stock futures pointed to a flat market open on Monday ahead of key inflation data to be reported this week that could offer clues about the future pace for interest rate hikes.

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Wall Street seen flat ahead of data

Reuters - Wall Street was expected to open little changed on Monday, with interest rate-wary investors likely to remain cautious ahead of this week's key economic reports on consumer and manufacturing prices.

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Investors Hoping Wall Street Extends Rally

AP - After a week of treading water on Wall Street, some investors may be wondering if the stock market can extend its spring rally into the summer.

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Friday's Wall Street Glance

AP - Dow Jones Industrials

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Dollar rises after April U.S. trade data

Reuters - The dollar gained against the euro and yen on Friday, after a report showed a narrower-than-expected U.S. trade deficit in April and a revised improvement in the March shortfall.

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Instinet Rejects Third Avenue's Counterbid

AP - Instinet Group Inc. rejected a better counterbid by an investment advisory group for the company's brokerage arm, instead choosing to go forward with its merger with The Nasdaq Stock Market Inc. as planned.

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Stock Markets Morning News 6/13/2005

Blue chips open lower; GM weighs

Reuters - U.S. blue chips opened slightly lower on Monday, with shares of General Motors Corp. down on a report that the carmaker will cut base U.S. sticker prices for some of its models.

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Stocks Drop As Investors Await Key Data

AP - Stocks drifted lower Monday as investors awaited the release of the week's key economic data, though news of Phil Purcell's resignation made Morgan Stanley the market's most actively traded stock.

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Stocks lower on major acquisition news, Morgan Stanley CEO departure

Canadian Press - TORONTO (CP) - Stock markets opened lower Monday amid news of a major deal in the Canadian movie theatre industry and the pending departure of the top executive at investment bank Morgan Stanley.

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Dollar hits 9-mth high on US rates view

Reuters - The dollar hit a nine-month high against the euro on Monday, extending recent gains made after upbeat U.S. data and comments from Federal Reserve chief Alan Greenspan fanned expectations of more U.S. interest rate hikes.

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Stocks seen flat at open; GM, Boeing eyed

Reuters - U.S. stock futures pointed to a flat market open on Monday ahead of key inflation data to be reported this week that could offer clues about the future pace for interest rate hikes.

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Wall Street seen flat ahead of data

Reuters - Wall Street was expected to open little changed on Monday, with interest rate-wary investors likely to remain cautious ahead of this week's key economic reports on consumer and manufacturing prices.

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Investors Hoping Wall Street Extends Rally

AP - After a week of treading water on Wall Street, some investors may be wondering if the stock market can extend its spring rally into the summer.

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Friday's Wall Street Glance

AP - Dow Jones Industrials

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Dollar rises after April U.S. trade data

Reuters - The dollar gained against the euro and yen on Friday, after a report showed a narrower-than-expected U.S. trade deficit in April and a revised improvement in the March shortfall.

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Instinet Rejects Third Avenue's Counterbid

AP - Instinet Group Inc. rejected a better counterbid by an investment advisory group for the company's brokerage arm, instead choosing to go forward with its merger with The Nasdaq Stock Market Inc. as planned.

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Friday, June 10, 2005

Stock Markets Afternoon News 6/10/2005

Lower stocks led by Intel slip

Reuters - U.S. stocks were lower on Friday, led by falls in technology stocks after Intel Corp. , the world's largest chipmaker, raised its second-quarter outlook by less than some investors had hoped.

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High Trade Deficit Sends Stocks Lower

AP - A sharp increase in the nation's trade deficit in April unnerved investors Friday and sent stocks lower despite a bullish sales forecast from Dow component Intel Corp. The major indexes were poised to end the week with a modest loss.

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TSX higher on energy, NY slides on weak trade report despite Intel outlook

Canadian Press - TORONTO (CP) - Resource stocks gave the Toronto stock market a lift Friday afternoon but its key index was bogged down by a 9.5 per cent slide in Nortel Networks' shares.

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Techs slip as Intel weighs; GM holds Dow

Reuters - U.S. technology shares were knocked lower on Friday, hurt by a drop in shares of Intel Corp. after the world's largest chipmaker raised its second-quarter outlook but not by as much as some investors had hoped.

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Dollar rises after April U.S. trade data

Reuters - The dollar gained against the euro and yen on Friday, after a report showed a narrower-than-expected U.S. trade deficit in April and a revised improvement in the March shortfall.

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Wall St seen higher after Intel forecasts

Reuters - Wall Street was expected to open higher after the world's largest chip maker Intel Corp raised its revenue and profit margin forecasts.

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Dollar strong and steady after Greenspan

Reuters - The dollar held close to last week's nine-month high versus the euro on Friday, keeping gains made after Federal Reserve Chairman Alan Greenspan dismissed concerns that the U.S. economy was entering a serious slowdown.

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Thursday's Wall Street Glance

AP - Dow Jones Industrials

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Instinet Rejects Third Avenue's Counterbid

AP - Instinet Group Inc. rejected a better counterbid by an investment advisory group for the company's brokerage arm, instead choosing to go forward with its merger with The Nasdaq Stock Market Inc. as planned.

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Status Report on Major Stock Indexes

AP - A positive take on the economy from Federal Reserve Chairman Alan Greenspan sent stocks higher Thursday and allowed investors to look past a sharp surge in crude oil prices.

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Stock Markets Morning News 6/10/2005

Blue chips open higher after deficit data

Reuters - U.S. blue chips opened higher on Friday, following a Commerce Department report showing a narrower-than-expected April U.S. trade deficit.

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Rise in Trade Deficit Leaves Stock Mixed

AP - A sharp increase in the nation's trade deficit in April unnerved investors Friday, leaving stocks mixed.

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Stock mixed despite corporate, economic data; Nortel loses 2 top execs

Canadian Press - TORONTO (CP) - The Toronto stock market moved lower Friday morning as new employment and trade data beat expectations but the main index was weighed down by Nortel Networks after the resignations of two top executives.

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Stocks point higher after trade gap data

Reuters - U.S. stock futures indicated a higher market open on Friday, after the Commerce Department reported the U.S. April trade deficit was narrower than Wall Street had expected.

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Dollar rises after April U.S. trade data

Reuters - The dollar gained against the euro and yen on Friday, after a report showed a narrower-than-expected U.S. trade deficit in April and a revised improvement in the March shortfall.

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Wall St seen higher after Intel forecasts

Reuters - Wall Street was expected to open higher after the world's largest chip maker Intel Corp raised its revenue and profit margin forecasts.

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Dollar strong and steady after Greenspan

Reuters - The dollar held close to last week's nine-month high versus the euro on Friday, keeping gains made after Federal Reserve Chairman Alan Greenspan dismissed concerns that the U.S. economy was entering a serious slowdown.

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Thursday's Wall Street Glance

AP - Dow Jones Industrials

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Instinet Rejects Third Avenue's Counterbid

AP - Instinet Group Inc. rejected a better counterbid by an investment advisory group for the company's brokerage arm, instead choosing to go forward with its merger with The Nasdaq Stock Market Inc. as planned.

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Status Report on Major Stock Indexes

AP - A positive take on the economy from Federal Reserve Chairman Alan Greenspan sent stocks higher Thursday and allowed investors to look past a sharp surge in crude oil prices.

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Thursday, June 09, 2005

Stock Markets Afternoon News 6/9/2005

Stocks up slightly, but oil limits gains

Reuters - U.S. stocks rose on Thursday, helped by optimism ahead of Intel Corp.'s business update and comments on the economy from Federal Reserve Chairman Alan Greenspan, but a spike in oil limited gains.

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Stocks Rebound on Greenspan Testimony

AP - Stocks rebounded Thursday as bullish congressional testimony from Alan Greenspan and anticipation for a strong midquarter update from Intel Corp. brightened Wall Street's mood and overshadowed a surge in oil prices.

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Dollar rallies after upbeat Greenspan

Reuters - The dollar strengthened in choppy trade on Thursday after Federal Reserve Chairman Alan Greenspan said the U.S. economy is on a firm footing and that interest rates can continue to be raised at a measured pace.

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Stocks drift lower as Greenspan signals that further rate hikes likely

Canadian Press - TORONTO (CP) - Stock markets were negative Thursday morning as investors failed to get a clearer indication of when the U.S. Federal Reserve may quit raising rates.

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Stocks set for low start before Greenspan

Reuters - U.S. stock futures signaled a lower market open on Thursday, with investors awaiting morning comments by Federal Reserve Chairman Alan Greenspan, which will be watched for any sign as to how long the central bank will continue its campaign of interest-rate hikes.

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Firm Counterbids Nasdaq on Instinet Unit

AP - The proposed merger between the Nasdaq Stock Market Inc. and the electronic trading arm of Instinet Group Inc. could be delayed after an investment advisory company made a separate, higher bid for Instinet's institutional brokerage division.

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Wednesday's Wall Street Glance

AP - Dow Jones Industrials

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Status Report on Major Stock Indexes

AP - Wall Street gave up early gains and fell for the second straight day Wednesday as a disappointing economic forecast from the White House overshadowed a drop in oil prices and good corporate news.

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Wall St set to open up, oil stocks eyed

Reuters - U.S. shares were expected to open firmer on Wednesday with Texas Instruments offering support following upbeat forecasts after the bell last session.

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Banks and oil push Toronto stocks higher

Reuters - Toronto stocks were firmly in positive territory at midmorning on Tuesday in a broadbased rally, led by stronger financial and energy stocks.

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Stock Markets Morning News 6/9/2005

Stocks little changed after Fed comments

Reuters - U.S. stocks were little changed on Thursday after Federal Reserve Chairman Alan Greenspan said that policy makers should be able to continue to raise interest rates at a measured pace.

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Stocks Dip As Investors Focus on Greenspan

AP - Stocks drifted lower Thursday as investors shrugged off a drop in jobless claims to focus on Federal Reserve Chairman Alan Greenspan's testimony before Congress.

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Stock markets negative before Greenspan commentary, Intel report

Canadian Press - TORONTO (CP) - Early indicators were mostly negative for North American stock markets Thursday as oil prices rose and investors awaited comments from Federal Reserve chairman Alan Greenspan.

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Stocks set for low start before Greenspan

Reuters - U.S. stock futures signaled a lower market open on Thursday, with investors awaiting morning comments by Federal Reserve Chairman Alan Greenspan, which will be watched for any sign as to how long the central bank will continue its campaign of interest-rate hikes.

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Dollar holds firm ahead of Greenspan

Reuters - The dollar approached nine-month highs against the euro on Thursday as traders looked for Federal Reserve chief Alan Greenspan to signal that interest rates are continuing to head even higher.

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Firm Counterbids Nasdaq on Instinet Unit

AP - The proposed merger between the Nasdaq Stock Market Inc. and the electronic trading arm of Instinet Group Inc. could be delayed after an investment advisory company made a separate, higher bid for Instinet's institutional brokerage division.

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Wednesday's Wall Street Glance

AP - Dow Jones Industrials

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Status Report on Major Stock Indexes

AP - Wall Street gave up early gains and fell for the second straight day Wednesday as a disappointing economic forecast from the White House overshadowed a drop in oil prices and good corporate news.

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Wall St set to open up, oil stocks eyed

Reuters - U.S. shares were expected to open firmer on Wednesday with Texas Instruments offering support following upbeat forecasts after the bell last session.

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Banks and oil push Toronto stocks higher

Reuters - Toronto stocks were firmly in positive territory at midmorning on Tuesday in a broadbased rally, led by stronger financial and energy stocks.

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Wednesday, June 08, 2005

Stock Markets Afternoon News 6/8/2005

Stocks flat ahead of Greenspan

Reuters - U.S. stocks were little changed on Wednesday, as investors were reluctant to wade into the market ahead of remarks on the economy by Federal Reserve Chairman Alan Greenspan, while declines in Biogen Idec and Internet stocks like Yahoo Inc. hit Nasdaq.

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Firm Counterbids Nasdaq on Instinet Unit

AP - The proposed merger between the Nasdaq Stock Market Inc. and the electronic trading arm of Instinet Group Inc. could be delayed after an investment advisory company made a separate, higher bid for Instinet's institutional brokerage division.

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Stocks Decline Despite Lower Oil Prices

AP - Stocks shuffled lower Wednesday despite positive company news and lower oil prices as buyers refrained from making big bets ahead of congressional testimony from Federal Reserve Chairman Alan Greenspan.

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Stock markets move higher; crude prices advance as inventories shrink

Canadian Press - TORONTO (CP) - Higher energy and financial stocks helped send the Toronto stock market higher Wednesday morning.

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Wall St set to open up, oil stocks eyed

Reuters - U.S. shares were expected to open firmer on Wednesday with Texas Instruments offering support following upbeat forecasts after the bell last session.

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Tuesday's Wall Street Glance

AP - Dow Jones Industrials

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Status Report on Major Stock Indexes

AP - Stocks stumbled to a mixed finish Tuesday after a Federal Reserve official warned that interest rates might continue to climb.

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Banks and oil push Toronto stocks higher

Reuters - Toronto stocks were firmly in positive territory at midmorning on Tuesday in a broadbased rally, led by stronger financial and energy stocks.

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CORRECTED: Stocks gain on GM cuts, Fed comments

Reuters - U.S. stocks were higher in early morning trading on Tuesday, as investors keyed to comments by Federal Reserve Chairman Alan Greenspan that the narrowing gap between long-term and short-term interest rates did not necessarily indicate an economic slowdown is coming.

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Euro falls to 11-mth low versus yen

Reuters - The euro hit an 11-month low against the yen on Tuesday, hurt by a bleak economic outlook for the euro zone and remarks by the European Central Bank chief which the market saw as a hint of interest rate cuts.

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Stock Markets Morning News 6/8/2005

Stocks rise as GM, Caterpillar lead

Reuters - U.S. stocks rose on Wednesday, with blue chip companies including Caterpillar Inc. , General Motors Corp. and Altria Group Inc. leading the gains.

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Stocks Climb on Positive Company News

AP - Positive company news gave stocks a lift Wednesday, as Tracinda Corp. carried out a plan to substantially raise its stake in General Motors Corp., and Texas Instruments Inc. issued a brighter outlook.

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Firm Makes Counterbid for Instinet Unit

AP - The proposed merger between the Nasdaq Stock Market Inc. and the electronic trading arm of Instinet Group Inc. could be delayed after an investment advisory company made a separate, higher bid for Instinet's institutional brokerage division.

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Global indicators mixed for early markets ahead of oil inventory report

Canadian Press - TORONTO (CP) - Global indicators were mixed for North American stock markets early Wednesday as crude oil prices eased ahead of the weekly U.S. inventory report.

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Wall St set to open up, oil stocks eyed

Reuters - U.S. shares were expected to open firmer on Wednesday with Texas Instruments offering support following upbeat forecasts after the bell last session.

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Tuesday's Wall Street Glance

AP - Dow Jones Industrials

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Status Report on Major Stock Indexes

AP - Stocks stumbled to a mixed finish Tuesday after a Federal Reserve official warned that interest rates might continue to climb.

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Stocks trim gains after Greenspan rally

Reuters - U.S. stocks pared gains on Tuesday afternoon in program trading after a rally sparked by Federal Reserve Chairman Alan Greenspan's comments that investors said suggested the central bank was near the end of its campaign of interest-rate hikes.

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Banks and oil push Toronto stocks higher

Reuters - Toronto stocks were firmly in positive territory at midmorning on Tuesday in a broadbased rally, led by stronger financial and energy stocks.

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CORRECTED: Stocks gain on GM cuts, Fed comments

Reuters - U.S. stocks were higher in early morning trading on Tuesday, as investors keyed to comments by Federal Reserve Chairman Alan Greenspan that the narrowing gap between long-term and short-term interest rates did not necessarily indicate an economic slowdown is coming.

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Tuesday, June 07, 2005

Stock Markets Afternoon News 6/7/2005

Stocks trim gains after Greenspan talk

Reuters - U.S. stocks pared gains on Tuesday afternoon in program trading after a rally sparked by Federal Reserve Chairman Alan Greenspan's comments that investors said suggested the central bank was near the end of its campaign of interest-rate hikes.

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Stocks Move Higher on Greenspan's Comments

AP - Investors encouraged by a bullish outlook from Federal Reserve Chairman Alan Greenspan sent stocks sharply higher Tuesday, but stocks gave up some of their earlier gains in a spate of profit taking.

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Falling techs make for mixed markets; investors relieved by Greenspan comments

Canadian Press - TORONTO (CP) - Sliding technology stocks cut into early gains on the Toronto market and sent New York's Nasdaq index into the red Tuesday afternoon.

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Banks and oil push Toronto stocks higher

Reuters - Toronto stocks were firmly in positive territory at midmorning on Tuesday in a broadbased rally, led by stronger financial and energy stocks.

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CORRECTED: Stocks gain on GM cuts, Fed comments

Reuters - U.S. stocks were higher in early morning trading on Tuesday, as investors keyed to comments by Federal Reserve Chairman Alan Greenspan that the narrowing gap between long-term and short-term interest rates did not necessarily indicate an economic slowdown is coming.

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Euro falls to 11-mth low versus yen

Reuters - The euro hit an 11-month low against the yen on Tuesday, hurt by a bleak economic outlook for the euro zone and remarks by the European Central Bank chief which the market saw as a hint of interest rate cuts.

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Monday's Wall Street Glance

AP - Dow Jones Industrials

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Archipelago LLC shares jump; New York Stock Exchange seat price rises

Canadian Press - NEW YORK (AP) - Shares of Archipelago LLC, which is planning a merger with the New York Stock Exchange, rose steadily to an all-time high Monday, while the price of an NYSE seat climbed by $70,000 US.

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Status Report on Major Stock Indexes

AP - Wall Street made a modest advance Monday as uncertainty about the economy muted the impact of a flurry of multibillion-dollar merger deals.

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Dollar weaker after recent gains

Reuters - The dollar edged lower on Monday as traders took advantage of a quiet day by cashing in on some of last week's strong gains.

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Stock Markets Morning News 6/7/2005

Stocks gain on GM cuts, Fed comments

Reuters - U.S. stocks were higher in early morning trading on Tuesday, as investors keyed to comments by Federal Reserve Chairman Alan Greenspan that the growing gap between long-term and short-term interest rates did not necessarily indicate an economic slowdown is coming.

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Greenspan's Economy Comments Lift Stocks

AP - Investors encouraged by a bullish outlook from Federal Reserve Chairman Alan Greenspan sent stocks higher Tuesday, relieved by his continued belief that the economy would not slip into a recession.

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Stocks up as Greenspan, GM, TI help

Reuters - U.S. stocks opened higher on Tuesday following Federal Reserve Chairman Alan Greenspan's comments on long-term interest rates and a rise in shares of carmaker General Motors Corp. after it announced cost-cutting measures.

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Stock markets ahead on lower oil, GM plan to slash 25,000 jobs, shutter plants

Canadian Press - TORONTO (CP) - North American stock markets were off to a positive start Tuesday morning as the price of crude continued to back off last week's six per cent runup while General Motors Corp. outlined plans to deal with falling profits and market share.

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Euro falls to 11-mth low versus yen

Reuters - The euro hit an 11-month low against the yen on Tuesday, hurt by a bleak economic outlook for the euro zone and remarks by the European Central Bank chief which the market saw as a hint of interest rate cuts.

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Monday's Wall Street Glance

AP - Dow Jones Industrials

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Archipelago LLC shares jump; New York Stock Exchange seat price rises

Canadian Press - NEW YORK (AP) - Shares of Archipelago LLC, which is planning a merger with the New York Stock Exchange, rose steadily to an all-time high Monday, while the price of an NYSE seat climbed by $70,000 US.

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Status Report on Major Stock Indexes

AP - Wall Street made a modest advance Monday as uncertainty about the economy muted the impact of a flurry of multibillion-dollar merger deals.

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Dollar weaker after recent gains

Reuters - The dollar edged lower on Monday as traders took advantage of a quiet day by cashing in on some of last week's strong gains.

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Stocks end lower, job growth slows in May

Reuters - U.S. stocks dropped on Friday afternoon as sharply weaker-than-expected May job growth sparked investor worry about the economy, and a 4.5 percent slump in Apple Computer Inc. hit technology shares.

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Monday, June 06, 2005

Stock Markets Afternoon News 6/6/2005

Stocks rise slightly, oil prices retreat

Reuters - Stocks rose slightly on Monday as a wave of mergers boosted investor sentiment and oil prices retreated from six-week highs.

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Lack of News Leaves Stocks Meandering

AP - Stocks drifted modestly higher in lackluster trading Monday as a dearth of economic news left investors unmotivated in spite of a flurry of multibillion-dollar merger deals.

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Stock markets drift;TSX energy sector slips as oil comes off $56 US

Canadian Press - TORONTO (CP) - The Toronto stock market was in the red Monday afternoon, led by losses in the technology sector.

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Dollar slips on wave of profit-taking

Reuters - The dollar slipped on Monday as traders took advantage of a quiet day to cash in some of the strong gains struck last week, when the currency rose to an eight-month high against the euro.

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Dollar weaker after recent gains

Reuters - The dollar edged lower on Monday as traders took advantage of a quiet day by cashing in on some of last week's strong gains.

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Stocks seen higher on merger news; oil up

Reuters - U.S. stock futures pointed to a slightly higher open on Monday with merger activity grabbing headlines, while oil prices reached a six-week peak above $55 a barrel.

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Friday's Wall Street Glance

AP - Dow Jones Industrials

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Stocks end lower, job growth slows in May

Reuters - U.S. stocks dropped on Friday afternoon as sharply weaker-than-expected May job growth sparked investor worry about the economy, and a 4.5 percent slump in Apple Computer Inc. hit technology shares.

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Stocks fall on jobs and services data

Reuters - U.S. stocks fell on Friday after data on payrolls and the services sector for May came in below expectations, raising worries about the economy, and oil prices climbed above $54 a barrel.

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Dollar initially falls after jobs report

Reuters - The dollar initially fell on Friday, after the influential U.S. jobs report showed the labor market was weaker-than-expected last month.

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Stock Markets Morning News 6/6/2005

Stocks flat; oil spike offsets mergers

Reuters - U.S. stocks opened little changed on Monday as a slew of merger activity failed to impress investors concerned about oil prices, which hit a six-week peak above $55 a barrel.

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Stocks register minor gains as price of crude oil tops $55 US a barrel

Canadian Press - TORONTO (CP) - The Toronto stock market lost a slight early gain Monday even as oil prices continued to lift the energy sector.

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Stocks Meander on Mergers, Oil Prices

AP - Wall Street meandered in search of a direction Monday as worries about rising crude oil prices overshadowed a flurry of multibillion-dollar merger deals.

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Dollar dips after jobs disappointment

Reuters - The dollar fell against the euro and the yen on Monday in the wake of last week's gloomy U.S. jobs data, but the euro remained vulnerable to concerns about the political and economic future of the European Union.

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Stocks seen higher on merger news; oil up

Reuters - U.S. stock futures pointed to a slightly higher open on Monday with merger activity grabbing headlines, while oil prices reached a six-week peak above $55 a barrel.

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Friday's Wall Street Glance

AP - Dow Jones Industrials

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Stocks end lower, job growth slows in May

Reuters - U.S. stocks dropped on Friday afternoon as sharply weaker-than-expected May job growth sparked investor worry about the economy, and a 4.5 percent slump in Apple Computer Inc. hit technology shares.

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Stocks fall on jobs and services data

Reuters - U.S. stocks fell on Friday after data on payrolls and the services sector for May came in below expectations, raising worries about the economy, and oil prices climbed above $54 a barrel.

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Dollar initially falls after jobs report

Reuters - The dollar initially fell on Friday, after the influential U.S. jobs report showed the labor market was weaker-than-expected last month.

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Wall St seen down, jobs report awaited

Reuters - Wall Street stocks were expected to open slightly weaker on Friday with investors focused on the 1230 GMT release of May U.S. payroll report, seen as a gauge of the health of the U.S. economy.

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Saturday, June 04, 2005

Stock Markets Morning News 6/4/2005

Stocks drop on jobs, oil over $55

Reuters - U.S. stocks slid on Friday as investors worried about a faltering economy after a government report showed May payrolls grew at the weakest pace in 21 months and crude oil prices topped $55 a barrel.

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Stocks Sink at Close of Disappointing Week

AP - Wall Street finished a disheartening week sharply lower Friday after a government report showing the slowest job growth in nearly two years exacerbated concerns about the health of the economy. Steadily climbing oil prices, which topped $55 per barrel, helped push the major indexes to losses for the week.

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Friday's Wall Street Glance

AP - Dow Jones Industrials

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TSX up 44 1/2 on resource stocks, Dow off 92 1/2 on weak job data, rising oil

Canadian Press - TORONTO (CP) - Much slower than expected U.S. job growth and oil closing above $55 US a barrel for the first time since late April sent New York stock indexes tumbling Friday.

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Stocks end lower, job growth slows in May

Reuters - U.S. stocks dropped on Friday afternoon as sharply weaker-than-expected May job growth sparked investor worry about the economy, and a 4.5 percent slump in Apple Computer Inc. hit technology shares.

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Sentiment gives dollar boost over euro

Reuters - The dollar rose against the euro on Friday as sentiment continued to reward higher U.S. interest rates and relatively positive growth prospects over political instability and economic torpor in the euro zone.

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Stocks fall on jobs and services data

Reuters - U.S. stocks fell on Friday after data on payrolls and the services sector for May came in below expectations, raising worries about the economy, and oil prices climbed above $54 a barrel.

Read More...

Dollar initially falls after jobs report

Reuters - The dollar initially fell on Friday, after the influential U.S. jobs report showed the labor market was weaker-than-expected last month.

Read More...

Wall St seen down, jobs report awaited

Reuters - Wall Street stocks were expected to open slightly weaker on Friday with investors focused on the 1230 GMT release of May U.S. payroll report, seen as a gauge of the health of the U.S. economy.

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Euro dives on Italian call to quit EMU

Reuters - The euro suddenly spiked lower on Friday after an Italian minister said that Italy should quit the single currency and revert back to the lira.

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Friday, June 03, 2005

Stock Markets Afternoon News 6/3/2005

Stocks drop on slower job creation

Reuters - U.S. stocks dropped on Friday afternoon as sharply weaker-than-expected May job growth sparked investor worries about an economic slowdown, while oil hit the $55-a-barrel mark.

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Stocks Drop on Disappointing Jobs Report

AP - Questions about the health of the nation's economy sent stocks sharply lower Friday after the government reported the slowest job growth in nearly two years and oil prices climbed above $55 per barrel.

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Sentiment gives dollar boost over euro

Reuters - The dollar rose against the euro on Friday as sentiment continued to reward higher U.S. interest rates and relatively positive growth prospects over political instability and economic torpor in the euro zone.

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Stocks fall on jobs and services data

Reuters - U.S. stocks fell on Friday after data on payrolls and the services sector for May came in below expectations, raising worries about the economy, and oil prices climbed above $54 a barrel.

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TSX advances on resource stocks, NY fades on disappointing jobs data

Canadian Press - TORONTO (CP) - New York stock markets turned sharply lower Friday afternoon as oil crept toward $55 US a barrel and investors contemplated a much weaker than expected U.S. jobless report for May.

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Dollar initially falls after jobs report

Reuters - The dollar initially fell on Friday, after the influential U.S. jobs report showed the labor market was weaker-than-expected last month.

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Euro dives on Italian call to quit EMU

Reuters - The euro suddenly spiked lower on Friday after an Italian minister said that Italy should quit the single currency and revert back to the lira.

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Nikkei inches up by midday

Reuters - Japan's Nikkei average edged up a meager 0.05 percent by midday on Friday as firmness in tech shares and shippers was offset by profit-taking on recent gainers such as Toyota Motor Corp. and Softbank Corp.

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Wall St seen down, jobs report awaited

Reuters - Wall Street stocks were expected to open slightly weaker on Friday with investors focused on the 1230 GMT release of May U.S. payroll report, seen as a gauge of the health of the U.S. economy.

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Thursday's Wall Street Glance

AP - Dow Jones Industrials

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