Tuesday, July 12, 2005

Stock Markets Afternoon News 7/12/2005

Stocks up on solid earnings, merger news

Reuters - U.S. stocks climbed into positive territory on Tuesday, resuming the momentum of a three-day rally after better-than-expected earnings from soft-drink maker PepsiCo Inc. and biotechnology company Genentech Inc. .

Read More...

Stocks Up, Dismissing Rising Oil Prices

AP - Bullish investors sent stocks modestly higher Tuesday as Wall Street welcomed the prospect of a strong earnings season and looked past a sharp jump in oil prices.

Read More...

Dollar drops broadly, trade data in focus

Reuters - The dollar declined to three-week lows against the euro on Tuesday as investors cautiously eyed U.S. trade data for May due on Wednesday which could underscore the country's external financing woes.

Read More...

C$ surges as higher rates appear likely; stocks mixed as oil jumps

Canadian Press - TORONTO (CP) - The Canadian dollar ran up sharply Tuesday on indications that interest rates will be heading higher soon while stock markets were mixed as higher oil prices trumped good earnings news.

Read More...

Stocks seen little changed as oil up

Reuters - U.S. stock futures pointed to a flat market open on Tuesday as oil prices inched up above $59 a barrel, failing to ease concerns about the impact of higher energy costs on corporate profits and consumer spending, as the earnings season gets under way.

Read More...

Wall St seen flat as oil up

Reuters - U.S. shares look set to open little changed on Tuesday as oil prices creep back above $59 a barrel, but Alcatel's optimistic update could add to bullish views on the forthcoming earnings season.

Read More...

Monday's Wall Street Glance

AP - Dow Jones Industrials

Read More...

Wall Street Eager for Earnings Season

AP - All the talk about economic growth, inflation, oil prices and interest rates can send the markets scurrying in any direction. But when it comes to stocks, there's no better indicator of performance than earnings. Second-quarter earnings season begins in earnest this week.

Read More...

Japan stocks gain after job data boosts

Reuters - Japan's Nikkei average rose 1.06 percent by midsession on Monday as healthy gains on Wall Street, inspired by modest U.S. job creation, encouraged investors to buy Toyota Motor Corp. and other blue chips.

Read More...

Europe shares hit by blasts, end off lows

Reuters - Deadly blasts across London rocked European financial markets on Thursday, wiping tens of billions of euros in value from equity markets and knocking British shares to their biggest one-day loss in a year.

Read More...

No comments: