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.
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.
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.
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.
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.
Friday's Wall Street Glance
AP - Dow Jones Industrials
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.
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.
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.
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.
No comments:
Post a Comment