Thursday, July 07, 2005

Stock Markets Afternoon News 7/7/2005

Stocks up, recover from London blasts

Reuters - U.S. stocks rose in late afternoon trading, recovering from early losses triggered by four blasts that killed at least 37 people in London on Thursday.

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Stocks Edge Higher After London Explosions

AP - Stocks edged higher Thursday after the terrorist attacks that rocked London and killed at least 40 people and injured more than 700. The Dow Jones industrials and Nasdaq composite index were both up slightly for the session after losing nearly 1 percent in early trading.

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Losses on stock markets minimal following London bombings

Canadian Press - TORONTO (CP) - Investors responded to Thursday's deadly bombings in London's public transport system by staying on the sidelines.

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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.

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Nasdaq and FTSE link up to launch indexes

Reuters - The Nasdaq Stock Market Inc. on Thursday launched four new indexes in collaboration with London-based stock index provider FTSE Group.

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Wall St seen sharply lower

Reuters - Unexplained explosions in the London underground network, and oil prices at fresh record levels, were likely to hammer U.S. equity markets when they open on Thursday.

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Dollar at 19-mth high vs pound

Reuters - The dollar hit a 19-month high against the pound on Thursday ahead of a Bank of England decision on interest rates and crept to an 11-month peak versus the yen as oil prices surged to another record high.

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Wednesday's Wall Street Glance

AP - Dow Jones Industrials

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Salton gets NYSE delisting warning letter

Reuters - Salton Inc. , which makes the George Foreman grill, on Wednesday said it received a warning from the New York Stock Exchange that its shares may be delisted because of low market capitalization.

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Stocks climb, Wal-Mart ups consumer view

Reuters - U.S. stocks climbed on Tuesday, with strong June sales from Wal-Mart Stores Inc. driving blue chips and analysts' increases in earnings estimates for Apple Computer Inc. helping Nasdaq.

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