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.
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.
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.
Monday's Wall Street Glance
AP - Dow Jones Industrials
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.
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.
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