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