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