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