Tuesday, June 14, 2005

Stock Markets Morning News 6/14/2005

Stocks open flat; retail data offsets PPI

Reuters - U.S. stocks opened flat on Tuesday as a surprising drop in May retail sales offset tame producer prices data that eased inflation concerns.

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TSX down on resources stocks, NY markets advance on economic data

Canadian Press - TORONTO (CP) - Resources stocks took the Toronto stock market lower Tuesday morning, but New York indexes were positive as investors weighed a better-than-expected reading on inflation amid disappointing retail sales data.

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Stocks Move Higher on Benign Inflation

AP - Investors sifting through a mix of retail and inflation data nudged stocks higher in early trading Tuesday. Upbeat earnings report contributed to the gains.

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Wall St seen higher; data in focus

Reuters - Wall Street was expected to edge higher on Tuesday, although investors could be cautious ahead of key U.S. economic data that should yield clues on inflation and monetary policy.

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Monday's Wall Street Glance

AP - Dow Jones Industrials

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Dollar hits peak vs euro, then eases

Reuters - The dollar hit a nine-month high against the euro on Monday, helped by interest rate differentials in the United States' favor and continued concern over Europe's economy and political structures.

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U.S. shares trim gains as oil spurts

Reuters - U.S. stocks were little changed on Monday, trimming earlier gains as oil spurted above $55 a barrel, raising concerns about corporate earnings and reduced consumer spending.

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Shares climb, but trim gains on oil spurt

Reuters - U.S. stocks were little changed on Monday, trimming earlier gains as oil spurted above $55 a barrel, raising concerns about corporate earnings and reduced consumer spending.

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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.

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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.

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