Friday, July 01, 2005

Stock Markets Morning News 7/1/2005

Stocks up ahead of confidence report

Reuters - U.S. stocks opened higher on Friday as investors expected a strong consumer confidence report.

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Stocks Climb on Strong Economic Data

AP - Stocks moved higher in early trading Friday as investors welcomed stronger-than expected economic data and rebounded from their disappointment over the Federal Reserve's latest policy statement.

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Stocks open up ahead of confidence report

Reuters - U.S. stocks opened higher on Friday as investors expected a strong consumer confidence report.

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Thursday's Wall Street Glance

AP - Dow Jones Industrials

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Stock markets fall after Fed raises rates again, shows no sign of stopping

Canadian Press - TORONTO (CP) - Stock markets tumbled Thursday ahead of the Canada Day and Independence Day holidays after the U.S. Federal Reserve raised interest rates again and gave no indication that rate hikes are at an end.

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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.

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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.

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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.

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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.

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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.

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