Stocks dip on in-line GDP, $61-plus oil
Reuters - U.S. stocks fell on Friday after government data showed the economy grew no faster than expectations and crude oil rose above $61 a barrel, stirring fears of high energy costs.
Stock indexes 'stepping sideways a little bit' as oil and C$ rise
Canadian Press - TORONTO (CP) - Canada's benchmark stock index deepened its losses Friday afternoon, even as oil prices shot past $60 US per barrel and the Canadian dollar climbed on positive economic news.
Dow, Nasdaq Decline Despite GDP Growth
AP - Investors took profits and sent stocks lower Friday despite respectable growth in the nation's gross domestic product and a bullish consumer confidence report. The major indexes, however, were poised for their fifth straight positive week.
Nikkei hits 4-month closing high
Reuters - Japan's Nikkei average rose 0.35 percent to a four-month closing high on Friday as firm industrial output data fueled investor enthusiasm for strong earners such as Matsushita Electric Industrial Co.
Dollar steady before growth data
Reuters - The dollar held steady in a narrow band on Friday ahead of U.S. economic growth data that could strengthen the Federal Reserve's resolve to keep raising interest rates, which would buoy the U.S. currency.
Thursday's Wall Street Glance
AP - Dow Jones Industrials
European stocks higher on solid earnings
Reuters - European shares hit new 3-year highs on Thursday after a slew of strong corporate earnings including Telefonica and France Telecom.
NYSE Criticized Over Governance Policies
AP - When the New York Stock Exchange unveiled its landmark acquisition of Archipelago Holdings Inc., Big Board Chief Executive John Thain pledged that the merged company would be a "model for best practices in corporate governance."
A Status Report on Wall Street
AP - Investors sent stocks higher Wednesday after the Federal Reserve's assessment of the economy raised hopes that the Fed's interest rate hikes would soon end.
Stocks gain on Fed's report, earnings
Reuters - U.S. stocks rose on Wednesday, lifted by a report from the Federal Reserve showing business activity growing in almost all regions of the country and better-than-expected earnings from Boeing Co. and Amazon.com Inc.
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