Tuesday, July 26, 2005

Stock Markets Morning News 7/26/2005

Blue chips turn negative, DuPont weighs

Reuters - The blue-chip Dow Jones industrial average edged into negative territory early on Tuesday, weighed down by chemical company DuPont Co. , which reported second-quarter results below Wall Street expectations.

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Stocks Are Mixed As Oil Prices Decline

AP - Stocks were narrowly mixed in early trading Tuesday as oil prices fell, allowing investors to focus on the day's stream of earnings reports and forecasts.

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Stocks open higher on TI, Lockheed

Reuters - U.S. stocks opened higher on Tuesday, boosted by gains in chip maker Texas Instruments Inc. and defense contractor Lockheed Martin Corp., which reported earnings that topped Wall Street expectations.

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Stock markets mostly flat on earnings reports, lower oil price; C$ sinks

Canadian Press - TORONTO (CP) - North American stock markets opened flat Tuesday as investors waded through a slew of positive earnings reports and pondered the impact of retreating oil prices. The Canadian dollar was sharply lower.

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Wall Street set for higher start

Reuters - Wall Street was expected to open higher on Tuesday with consumer confidence figures set to show a small rise while investors will scour a raft of company results after some contrasting figures in the previous session.

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European shares dip on results

Reuters - European stocks fell in early Tuesday trade in a busy day of quarterly results with earnings from chip maker Infineon and car maker Peugeot disappointing, while oil prices were steady.

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Nikkei falls, investors hold back

Reuters - Tokyo's Nikkei share average fell on Tuesday as investors held back from aggressive buying ahead of earnings results from major companies, although gains in some chip stocks after a brokerage upgrade limited losses.

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Monday's Wall Street Glance

AP - Dow Jones Industrials

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Stocks set to open flat on earnings

Reuters - U.S. stock futures signaled a flat market open on Monday at the start of a busy earnings week, which was coupled with reports of merger and acquisition activity.

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Dollar stronger as yen loses China luster

Reuters - The dollar extended its rebound against the yen on Monday as the impact of last week's small but significant revaluation of the Chinese yuan faded and investors turned to economic data and interest rate differentials.

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