Thursday, June 30, 2005

Stock Markets Morning News 6/30/2005

Stocks open slightly higher ahead of Fed

Reuters - U.S. stocks opened slightly higher on Thursday, with investors anticipating another interest-rate hike by the Federal Reserve.

Read More...

Bank Merger Boosts Stocks Ahead of Fed

AP - Bank of America Corp.'s $35 billion acquisition of credit card issuer MBNA Corp. cheered investors and sent stocks higher Thursday. Trading was still cautious, however, ahead of the Federal Reserve's pending decision on interest rates.

Read More...

Stock markets dip despite lower oil price ahead of Fed rate announcement

Canadian Press - TORONTO (CP) - The Toronto stock market slipped Thursday morning as lower oil prices depressed energy stocks and investors took in a better-than-expected reading of the economy for April.

Read More...

Dollar hits 9-mth high before rate move

Reuters - The dollar cleared a 9-month high against the yen and an 8-month peak against sterling on Thursday before an expected U.S. interest rate rise that could further boost the dollar's appeal to investors.

Read More...

Thursday's Wall Street Glance

AP - Dow Jones Industrials

Read More...

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.

Read More...

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.

Read More...

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.

Read More...

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.

Read More...

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.

Read More...

No comments: