Thursday, June 09, 2005

Stock Markets Morning News 6/9/2005

Stocks little changed after Fed comments

Reuters - U.S. stocks were little changed on Thursday after Federal Reserve Chairman Alan Greenspan said that policy makers should be able to continue to raise interest rates at a measured pace.

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Stocks Dip As Investors Focus on Greenspan

AP - Stocks drifted lower Thursday as investors shrugged off a drop in jobless claims to focus on Federal Reserve Chairman Alan Greenspan's testimony before Congress.

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Stock markets negative before Greenspan commentary, Intel report

Canadian Press - TORONTO (CP) - Early indicators were mostly negative for North American stock markets Thursday as oil prices rose and investors awaited comments from Federal Reserve chairman Alan Greenspan.

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Stocks set for low start before Greenspan

Reuters - U.S. stock futures signaled a lower market open on Thursday, with investors awaiting morning comments by Federal Reserve Chairman Alan Greenspan, which will be watched for any sign as to how long the central bank will continue its campaign of interest-rate hikes.

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Dollar holds firm ahead of Greenspan

Reuters - The dollar approached nine-month highs against the euro on Thursday as traders looked for Federal Reserve chief Alan Greenspan to signal that interest rates are continuing to head even higher.

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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.

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Wednesday's Wall Street Glance

AP - Dow Jones Industrials

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Status Report on Major Stock Indexes

AP - Wall Street gave up early gains and fell for the second straight day Wednesday as a disappointing economic forecast from the White House overshadowed a drop in oil prices and good corporate news.

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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.

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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.

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