Online Stock Trading and Stock Market Resouces: August 2005

Wednesday, August 31, 2005

Stock Markets Afternoon News 8/31/2005

Blue chips fall; storm may slow growth

Reuters - U.S. blue chips were lower on Wednesday on concerns Hurricane Katrina's devastation will slow growth in the third quarter even as data suggested the economy's expansion is already slowing.

Stocks Rise As Energy Sector Climbs

AP - Stocks rose in a seesaw session Wednesday as oil prices dipped and investors bid up the engineering and construction sector in anticipation of the clean up after Hurricane Katrina.

Stocks higher: oil stabilizes on word US to open strategic reserve but gas prices soar

Canadian Press - TORONTO (CP) - The Toronto stock market made solid gains Wednesday morning as the energy sector charged ahead and investors took in data showing strong economic growth.

Tuesday's Wall Street Glance

AP - Dow Jones Industrials

Dollar holds gains before data

Reuters - The dollar held on to its gains and touched a three-week high versus the yen on Tuesday ahead of key U.S. consumer confidence data that will kick off a busy week of economic releases.

Nikkei recovers after gains

Reuters - Japan's Nikkei share average rose 0.94 percent on Tuesday, with investors buying exporters such as Toyota Motor Corp. as a weakening of Hurricane Katrina eased pressure on oil prices and helped a recovery in U.S. shares.

NYSE member arrested in threat case

Reuters - A New York Stock Exchange member has been arrested in connection with a telephone threat to a fellow member about the NYSE's deal to buy electronic trading company Archipelago Holdings Inc. , New York police said on Monday.

NYSE Member Arrested for Alleged Threat

AP - A member of the New York Stock Exchange was arrested Monday for allegedly threatening another member who sued to oppose the Big Board's takeover of electronic rival Archipelago Holdings Inc.

Oil's Economic Impact May Be Seen This Week

AP - Wall Street has been battered in recent weeks by high oil prices and mounting evidence that rising energy costs  including record gasoline prices  are starting to curtail consumer spending.

Wall Street wants more competition as NYSE, Nasdaq prep mergers

Canadian Press - NEW YORK (AP) - Philadelphia has a stock exchange?

Stock Markets Morning News 8/31/2005

Stocks open flat after GDP misses

Reuters - U.S. stocks opened flat on Wednesday after the government reported second-quarter economic growth was slower than previously estimated, offsetting a decline in crude oil prices after the Bush administration said it would tap the Strategic Petroleum Reserve.

Stocks Creep Higher on Oil Reserve News

AP - Stocks crept higher Wednesday as oil prices retreated from record highs after the U.S. government said it would tap its strategic petroleum reserves in the devastating aftermath of Hurricane Katrina.

Markets continue to assess Katrina's impact;oil soars and Bush releases reserves

Canadian Press - TORONTO (CP) - Early indicators pointed to a flat start to North American markets Wednesday as investors continue to assess the devastation to the Louisiana Gulf Coast caused by Hurricane Katrina.

Tuesday's Wall Street Glance

AP - Dow Jones Industrials

Dollar holds gains before data

Reuters - The dollar held on to its gains and touched a three-week high versus the yen on Tuesday ahead of key U.S. consumer confidence data that will kick off a busy week of economic releases.

Nikkei recovers after gains

NYSE member arrested in threat case

NYSE Member Arrested for Alleged Threat

AP - A member of the New York Stock Exchange was arrested Monday for allegedly threatening another member who sued to oppose the Big Board's takeover of electronic rival Archipelago Holdings Inc.

Oil's Economic Impact May Be Seen This Week

AP - Wall Street has been battered in recent weeks by high oil prices and mounting evidence that rising energy costs  including record gasoline prices  are starting to curtail consumer spending.

Wall Street wants more competition as NYSE, Nasdaq prep mergers

Canadian Press - NEW YORK (AP) - Philadelphia has a stock exchange?

Tuesday, August 30, 2005

Stock Markets Afternoon News 8/30/2005

Stocks fall on oil spike, Fed concern

Reuters - U.S. stocks fell on Tuesday, led by declines in retailers, insurers and transportation companies, a day after Hurricane Katrina hit the Gulf Coast, causing oil prices to soar to a new record.

Stocks Drop in Hurricane's Aftermath

AP - Stocks tumbled Tuesday in the devastating aftermath of Hurricane Katrina, which slammed the Gulf Coast, pounded hotels and casinos, constricting oil refinery capacity and leaving insurers to cover losses estimated as high as $26 billion. The Dow Jones industrial average fell more than 100 points in late afternoon trading.

Higher oil prices, bill from hurricane Katrina depress stock markets

Canadian Press - TORONTO (CP) - The Toronto stock market was slightly positive Tuesday afternoon as energy stocks rose along with oil prices.

Dollar holds gains before data

Reuters - The dollar held on to its gains and touched a three-week high versus the yen on Tuesday ahead of key U.S. consumer confidence data that will kick off a busy week of economic releases.

Nikkei recovers after gains

Monday's Wall Street Glance

AP - Dow Jones Industrials

NYSE member arrested in threat case

NYSE Member Arrested for Alleged Threat

AP - A member of the New York Stock Exchange was arrested Monday for allegedly threatening another member who sued to oppose the Big Board's takeover of electronic rival Archipelago Holdings Inc.

Oil's Economic Impact May Be Seen This Week

AP - Wall Street has been battered in recent weeks by high oil prices and mounting evidence that rising energy costs  including record gasoline prices  are starting to curtail consumer spending.

Wall Street wants more competition as NYSE, Nasdaq prep mergers

Canadian Press - NEW YORK (AP) - Philadelphia has a stock exchange?

Stock Markets Morning News 8/30/2005

Stocks slide on storm's damage toll

Reuters - U.S. stocks declined on Tuesday, amid concerns about the damage toll of one of the costliest hurricanes in U.S. history.

Higher oil prices, bill from hurricane Katrina depress stock markets

Canadian Press - TORONTO (CP) - Stock markets were lower Tuesday as oil prices again took off and investors considered the huge financial toll from hurricane Katrina.

Stocks Drop in Hurricane's Aftermath

AP - Stocks slipped Tuesday in the aftermath of Hurricane Katrina, which slammed the Gulf Coast, constricting oil refinery capacity, pounding hotels and casinos and leaving insurers with damages estimated as high as $26 billion.

Dollar holds gains before data

Reuters - The dollar held on to its gains and touched a three-week high versus the yen on Tuesday ahead of key U.S. consumer confidence data that will kick off a busy week of economic releases.

Nikkei recovers after gains

Monday's Wall Street Glance

AP - Dow Jones Industrials

NYSE member arrested in threat case

NYSE Member Arrested for Alleged Threat

AP - A member of the New York Stock Exchange was arrested Monday for allegedly threatening another member who sued to oppose the Big Board's takeover of electronic rival Archipelago Holdings Inc.

Oil's Economic Impact May Be Seen This Week

AP - Wall Street has been battered in recent weeks by high oil prices and mounting evidence that rising energy costs  including record gasoline prices  are starting to curtail consumer spending.

Wall Street wants more competition as NYSE, Nasdaq prep mergers

Canadian Press - NEW YORK (AP) - Philadelphia has a stock exchange?

Monday, August 29, 2005

Stock Markets Afternoon News 8/29/2005

Stocks rise as storm weakens

Reuters - U.S. stocks rose on Monday, rebounding from earlier losses, as Hurricane Katrina weakened after hitting the U.S. Gulf Coast and oil prices retreated from records that rattled shares early in the session.

Stocks Rally As Katrina's Force Diminishes

AP - Wall Street rallied Monday as the force of Hurricane Katrina diminished, easing worries about refinery outages and damage along the Gulf of Mexico. Oil prices also retreated from record highs and reassured the market.

NYSE member arrested in threat case

NYSE Member Arrested for Alleged Threat

AP - A member of the New York Stock Exchange was arrested Monday for allegedly threatening another member who sued to oppose the Big Board's takeover of electronic rival Archipelago Holdings Inc.

Stock markets higher as investors hope damage from Katrina won't be as bad as feared

Canadian Press - TORONTO (CP) - The Toronto stock market was higher Monday as energy stocks rose in the wake of a jump in oil prices as investors tried to evaluate the damage to U.S. refinery and offshore oil production facilities by Hurricane Katrina.

Dollar falls on oil surge, yuan eyed

Reuters - The dollar slipped against most other major currencies on Monday as investors fretted that record high oil prices could crimp U.S. economic growth, but it gained against the yen as Tokyo shares stumbled.

Nikkei off 1 pct on oil worries

Reuters - The Nikkei average was down 1 percent by midsession on Monday, led by exporters like Toyota Motor Corp. on worries over a surge in oil prices to a new record and after figures last week showed a fall in U.S. consumer confidence.

Oil's Economic Impact May Be Seen This Week

AP - Wall Street has been battered in recent weeks by high oil prices and mounting evidence that rising energy costs  including record gasoline prices  are starting to curtail consumer spending.

Friday's Wall Street Glance

AP - Dow Jones Industrials

Wall Street wants more competition as NYSE, Nasdaq prep mergers

Canadian Press - NEW YORK (AP) - Philadelphia has a stock exchange?

Stock Markets Morning News 8/29/2005

Stocks turn positive on gains in oil shrs

Reuters - U.S. stocks turned positive early on Monday, as investors shook off some concerns about potential damage from Hurricane Katrina and record-high oil prices.

Stocks Fall As Katrina Hammers Refineries

AP - Wall Street slumped in early trading Monday as Hurricane Katrina battered U.S. refineries in the Gulf of Mexico, disrupting energy production and catapulting oil prices to new record highs.

TSX rises as Hurricane Katrina slams ashore, disrupts oil production, refining; NY markets lower

Canadian Press - TORONTO (CP) - Higher energy stocks took the Toronto stock market higher Monday morning with oil hitting $70 US a barrel as Hurricane Katrina played havoc with refinery operations and offshore oil production in the Gulf of Mexico.

Dollar falls on oil surge, yuan eyed

Nikkei off 1 pct on oil worries

Oil's Economic Impact May Be Seen This Week

AP - Wall Street has been battered in recent weeks by high oil prices and mounting evidence that rising energy costs  including record gasoline prices  are starting to curtail consumer spending.

Friday's Wall Street Glance

AP - Dow Jones Industrials

Wall Street wants more competition as NYSE, Nasdaq prep mergers

Canadian Press - NEW YORK (AP) - Philadelphia has a stock exchange?

Before the Bell: Google, Plumtree gain

Reuters - Google Inc. rose nearly 1 percent before the bell on Tuesday after the Los Angeles Times reported the Web search company will launch its own instant messaging system .

NYSE says fines Merrill Lynch $10 mln

Reuters - The New York Stock Exchange on Monday said it fined Merrill Lynch & Co. , the biggest U.S. brokerage, $10 million for "supervisory and operational failures."

Friday, August 26, 2005

Stock Markets Afternoon News 8/26/2005

Stocks fall on consumer, rate hikes

Reuters - U.S. stocks fell on Friday as a warning by Federal Reserve Chairman Alan Greenspan about rising asset prices and a drop in U.S. consumer sentiment pushed down housing and retailing shares.

Stocks Make Up Losses As Oil Prices Fall

AP - Stocks attempted a late-session rally Friday as oil prices backed off record highs and mitigated a sharp dip in the nation's consumer confidence. But the rise in oil prices left the major indexes poised to finish the session and the week lower.

Energy stocks take TSX lower, NY off on high oil, Greenspan comments

Canadian Press - TORONTO (CP) - The Toronto stock market was practically unchanged Friday afternoon, held back by a lower energy sector despite higher oil prices.

Nikkei close higher on steel, auto shares

Reuters - Tokyo's Nikkei share average rose 0.28 percent on Friday as investors scooped up steel and auto shares on earnings prospects, though some recent winners such as Fast Retailing Co. Ltd. fell on profit-taking.

Dollar shaken as China denies yuan rumor

Reuters - The dollar was rattled on Friday by market speculation that China might again revalue its yuan currency, but retraced losses after a denial from the Chinese central bank.

Thursday's Wall Street Glance

AP - Dow Jones Industrials

Before the Bell: Google, Plumtree gain

Reuters - Google Inc. rose nearly 1 percent before the bell on Tuesday after the Los Angeles Times reported the Web search company will launch its own instant messaging system .

Market at Crossroads of Earnings and Oil

AP - Wall Street's gains from bullish second-quarter earnings are evaporating quickly in the face of near-record crude oil futures and increasing evidence that high gasoline prices are diverting consumers' dollars.

NYSE says fines Merrill Lynch $10 mln

Reuters - The New York Stock Exchange on Monday said it fined Merrill Lynch & Co. , the biggest U.S. brokerage, $10 million for "supervisory and operational failures."

Stocks set to edge up as Fed tops agenda

Reuters - Stocks were seen opening slightly higher on Tuesday, reversing some of the previous day's losses, with the focus on an expected hike in interest rates.

Stock Markets Morning News 8/26/2005

Stocks dip as consumer sentiment drops

Reuters - U.S. stocks slipped on Friday after a report showed U.S. consumer sentiment, a key to consumer spending, fell more than expected in August, suggesting higher gasoline prices are eating into Americans' household budgets.

Stocks Head Lower on Oil Price Concerns

AP - Stock headed lower Friday as a new report showed a sharp dip in consumer confidence, dragged down by soaring oil prices.

Nikkei close higher on steel, auto shares

Stocks mixed as RBC earnings help boost TSX, NY flat on high oil prices

Canadian Press - TORONTO (CP) - The Toronto stock market moved higher Friday morning as the financial sector made inroads after Royal Bank's quarterly earnings report.

Dollar shaken as China denies yuan rumor

Reuters - The dollar was rattled on Friday by market speculation that China might again revalue its yuan currency, but retraced losses after a denial from the Chinese central bank.

Thursday's Wall Street Glance

AP - Dow Jones Industrials

Before the Bell: Google, Plumtree gain

Reuters - Google Inc. rose nearly 1 percent before the bell on Tuesday after the Los Angeles Times reported the Web search company will launch its own instant messaging system .

Market at Crossroads of Earnings and Oil

NYSE says fines Merrill Lynch $10 mln

Reuters - The New York Stock Exchange on Monday said it fined Merrill Lynch & Co. , the biggest U.S. brokerage, $10 million for "supervisory and operational failures."

Stocks set to edge up as Fed tops agenda

Reuters - Stocks were seen opening slightly higher on Tuesday, reversing some of the previous day's losses, with the focus on an expected hike in interest rates.

Thursday, August 25, 2005

Stock Markets Afternoon News 8/25/2005

Stocks edge up on acquisition news

Reuters - U.S. stocks rose on Thursday as news about acquisitions offset the impact of high oil prices, credit downgrades of automakers and cuts in stock ratings.

Stock markets up as financials boost TSX, crude oil slips from record high of $68 US

Canadian Press - TORONTO (CP) - The financial sector helped the Toronto stock market to minor advances Thursday afternoon as investors were relieved by earnings reports from TD Bank and National Bank.

Stocks Rise Despite Oil Price Worries

AP - Stocks rose modestly Thursday as investors saw a series of corporate acquisitions as a chance to pick up bargains in an otherwise difficult market. But a late-session rise in oil prices threatened to erase even those minimal gains.

Thursday's Wall Street Glance

AP - Dow Jones Industrials

Dollar clings to gains ahead of data

Reuters - The dollar held on to its gains on Wednesday as investors awaited U.S. durable goods data and a speech from a Federal Reserve policymaker to give indications of the interest rate outlook.

Before the Bell: Google, Plumtree gain

Reuters - Google Inc. rose nearly 1 percent before the bell on Tuesday after the Los Angeles Times reported the Web search company will launch its own instant messaging system .

Market at Crossroads of Earnings and Oil

NYSE says fines Merrill Lynch $10 mln

Reuters - The New York Stock Exchange on Monday said it fined Merrill Lynch & Co. , the biggest U.S. brokerage, $10 million for "supervisory and operational failures."

Nikkei ends flat after GDP, off 4-yr high

Reuters - Tokyo's Nikkei average ended down 0.01 percent on Friday, a touch off the previous day's four-year high as weaker-than-expected GDP and a higher yen prompted selling in JFE Holdings and other recent gainers.

Stocks set to edge up as Fed tops agenda

Reuters - Stocks were seen opening slightly higher on Tuesday, reversing some of the previous day's losses, with the focus on an expected hike in interest rates.

Stock Markets Morning News 8/25/2005

Stocks open up as oil, jobs data weigh

Reuters - U.S. stocks opened slightly higher on Thursday as crude oil prices edged lower after touching a record $68 a barrel, while a drop in weekly jobless claims signaled strength in the jobs market.

Stocks Are Flat on Oil Pricing Concerns

AP - Chronic concerns about record oil prices kept stocks flat in early trading Thursday despite a series of new corporate acquisitions and a reorganization at Eastman Kodak Co.

Global indicators mixed for North American markets, oil retreats from US$68

Canadian Press - TORONTO (CP) - Global indicators were all over the map early Thursday while crude oil pulled back from a record $68 US a barrel.

Thursday's Wall Street Glance

AP - Dow Jones Industrials

Dollar clings to gains ahead of data

Reuters - The dollar held on to its gains on Wednesday as investors awaited U.S. durable goods data and a speech from a Federal Reserve policymaker to give indications of the interest rate outlook.

Before the Bell: Google, Plumtree gain

Reuters - Google Inc. rose nearly 1 percent before the bell on Tuesday after the Los Angeles Times reported the Web search company will launch its own instant messaging system .

Market at Crossroads of Earnings and Oil

NYSE says fines Merrill Lynch $10 mln

Reuters - The New York Stock Exchange on Monday said it fined Merrill Lynch & Co. , the biggest U.S. brokerage, $10 million for "supervisory and operational failures."

Nikkei ends flat after GDP, off 4-yr high

Stocks set to edge up as Fed tops agenda

Reuters - Stocks were seen opening slightly higher on Tuesday, reversing some of the previous day's losses, with the focus on an expected hike in interest rates.

Wednesday, August 24, 2005

Stock Markets Afternoon News 8/24/2005

Stocks fall as oil climbs to new record

Reuters - U.S. stocks fell, wiping out earlier gains, on Wednesday after crude oil sprinted to a new all-time high price, raising fears consumer spending and corporate earnings will be impaired later in the year.

New Oil Record Sinks Stocks

AP - Stocks turned sharply lower in late trading Wednesday after crude oil futures set yet another record and a mix of data provided conflicting views on the economy.

Stock markets rise as energy, financials boost TSX, NY higher on housing data

Canadian Press - TORONTO (CP) - The Toronto stock market moved up Thursday afternoon as the financial sector climbed following CIBC's quarterly earnings report and energy stocks gained as the price of oil moved toward $67 US a barrel.

Dollar clings to gains ahead of data

Reuters - The dollar held on to its gains on Wednesday as investors awaited U.S. durable goods data and a speech from a Federal Reserve policymaker to give indications of the interest rate outlook.

Tuesday's Wall Street Glance

AP - Dow Jones Industrials

Before the Bell: Google, Plumtree gain

Reuters - Google Inc. rose nearly 1 percent before the bell on Tuesday after the Los Angeles Times reported the Web search company will launch its own instant messaging system .

Market at Crossroads of Earnings and Oil

NYSE says fines Merrill Lynch $10 mln

Reuters - The New York Stock Exchange on Monday said it fined Merrill Lynch & Co. , the biggest U.S. brokerage, $10 million for "supervisory and operational failures."

Nikkei ends flat after GDP, off 4-yr high

Stocks set to edge up as Fed tops agenda

Reuters - Stocks were seen opening slightly higher on Tuesday, reversing some of the previous day's losses, with the focus on an expected hike in interest rates.

Stock Markets Morning News 8/24/2005

New home sales data offsets durable goods

Reuters - U.S. stocks were flat on Wednesday after a report showed new home sales unexpectedly rose last month, erasing earlier declines from weaker-than-forecast data on durable goods orders.

Stocks Mixed As Investors Weigh Data

AP - Stocks were little changed Wednesday as a sharp drop in orders for big-ticket manufactured items pointed to a potentially slowing economy, but strong new home sales eased investors' concerns about rising interest rates.

Stock markets mixed on weak U.S. durable-goods report, higher oil prices

Canadian Press - TORONTO (CP) - The Toronto stock market registered a slight gain Wednesday morning as energy stocks moved higher on advancing oil prices.

Dollar clings to gains ahead of data

Reuters - The dollar held on to its gains on Wednesday as investors awaited U.S. durable goods data and a speech from a Federal Reserve policymaker to give indications of the interest rate outlook.

Tuesday's Wall Street Glance

AP - Dow Jones Industrials

Before the Bell: Google, Plumtree gain

Reuters - Google Inc. rose nearly 1 percent before the bell on Tuesday after the Los Angeles Times reported the Web search company will launch its own instant messaging system .

Market at Crossroads of Earnings and Oil

NYSE says fines Merrill Lynch $10 mln

Reuters - The New York Stock Exchange on Monday said it fined Merrill Lynch & Co. , the biggest U.S. brokerage, $10 million for "supervisory and operational failures."

Nikkei ends flat after GDP, off 4-yr high

Stocks set to edge up as Fed tops agenda

Reuters - Stocks were seen opening slightly higher on Tuesday, reversing some of the previous day's losses, with the focus on an expected hike in interest rates.

Tuesday, August 23, 2005

Stock Markets Afternoon News 8/23/2005

Stocks little changed, housing firms fall

Reuters - U.S. stocks were little changed on Tuesday, led by decliners in the home-building sector, as a report showed a drop in existing home sales.

Stocks Fall As Existing Home Sales Slide

AP - Wall Street was mostly lower Tuesday as existing home sales slid and volatile oil prices exacerbated the market's summer malaise.

Stocks lower as energy, financials pressure TSX; home sales help send NY lower

Canadian Press - TORONTO (CP) - The Toronto stock market was stuck on negative ground Tuesday afternoon as the start of the big banks' quarterly reporting season got off to a rocky start and energy stocks retreated on a slight dip in oil prices.

Before the Bell: Google, Plumtree gain

Reuters - Google Inc. rose nearly 1 percent before the bell on Tuesday after the Los Angeles Times reported the Web search company will launch its own instant messaging system .

Monday's Wall Street Glance

AP - Dow Jones Industrials

Market at Crossroads of Earnings and Oil

Dollar clings to gains after 5 day rise

Reuters - The dollar held gains on Friday after a five-day winning streak against a basket of major currencies, as a robust U.S. factory survey backed views the Federal Reserve will keep raising interest rates.

NYSE says fines Merrill Lynch $10 mln

Reuters - The New York Stock Exchange on Monday said it fined Merrill Lynch & Co. , the biggest U.S. brokerage, $10 million for "supervisory and operational failures."

Nikkei ends flat after GDP, off 4-yr high

Stocks set to edge up as Fed tops agenda

Reuters - Stocks were seen opening slightly higher on Tuesday, reversing some of the previous day's losses, with the focus on an expected hike in interest rates.

Stock Markets Morning News 8/23/2005

Stocks open flat as oil price nears $66

Reuters - U.S. stocks opened little changed on Tuesday as oil's rise toward $66 a barrel kept a lid on investor optimism following a slew of merger and acquisition developments.

Stocks Fall on Existing Home Sales Data

AP - Stocks fell Tuesday as existing home sales dropped and oil prices rose again.

Before the Bell: Google, Plumtree gain

Reuters - Google Inc. rose nearly 1 percent before the bell on Tuesday after the Los Angeles Times reported the Web search company will launch its own instant messaging system .

Global indicators mixed for North American markets, oil above US$65 a barrel

Canadian Press - TORONTO (CP) - Global indicators were mixed for North American stock markets early Tuesday as crude oil held above $65 US a barrel.

Monday's Wall Street Glance

AP - Dow Jones Industrials

Market at Crossroads of Earnings and Oil

Dollar clings to gains after 5 day rise

NYSE says fines Merrill Lynch $10 mln

Reuters - The New York Stock Exchange on Monday said it fined Merrill Lynch & Co. , the biggest U.S. brokerage, $10 million for "supervisory and operational failures."

Nikkei ends flat after GDP, off 4-yr high

Stocks set to edge up as Fed tops agenda

Reuters - Stocks were seen opening slightly higher on Tuesday, reversing some of the previous day's losses, with the focus on an expected hike in interest rates.

Monday, August 22, 2005

Stock Markets Afternoon News 8/22/2005

Stocks flat as Merck drags on Dow

Reuters - U.S. stocks were little changed on Monday as a decline in drug maker Merck & Co. Inc. , a Dow component, and a rebound in oil prices offset gains from acquisitions.

Wall Street Seesaws As Oil Prices Rise

AP - The summer doldrums settled into Wall Street Monday as the rising price of oil wiped out a moderate early advance and left stocks fluctuating in a narrow range. News of several major acquisitions carried some stocks higher.

TSX holds on to minor gains as energy stocks recover, NY flat on higher oil, profit taking

Canadian Press - TORONTO (CP) - The Toronto stock market was ahead Monday afternoon but well off its session highs as gains in energy stocks dipped and the financial sector turned negative. The gains came after the Toronto market had one of its rare losing weeks last week, mainly because of a dip in oil prices and energy stocks.

Market at Crossroads of Earnings and Oil

Friday's Wall Street Glance

AP - Dow Jones Industrials

Dollar clings to gains after 5 day rise

NYSE says fines Merrill Lynch $10 mln

Reuters - The New York Stock Exchange on Monday said it fined Merrill Lynch & Co. , the biggest U.S. brokerage, $10 million for "supervisory and operational failures."

Nikkei ends flat after GDP, off 4-yr high

Stocks set to edge up as Fed tops agenda

Reuters - Stocks were seen opening slightly higher on Tuesday, reversing some of the previous day's losses, with the focus on an expected hike in interest rates.

Stocks drop on oil at record $64

Reuters - U.S. stocks slipped on Monday as crude oil climbed to a record $64 a barrel, stoking concerns about the impact of high energy costs on corporate profits and consumer spending, while worries about rising interest rates hurt shares of banks and home builders.

Stock Markets Morning News 8/22/2005

Stocks gain as P&G, Eyetech advance

Reuters - U.S. stocks advanced on Monday as consumer products maker Procter & Gamble Co. gained after an article in Barron's said the stock was undervalued and OSI Pharmaceuticals said it would buy Eyetech Pharmaceuticals Inc.

Stocks Move Higher on Acquisition News

AP - Wall Street began the week with a moderate advance Monday, boosted by news of several major acquisition deals and a dip in oil prices.

Stock markets up as investors eye major acquisitions, C$ up after solid retail report

Canadian Press - TORONTO (CP) - Stock markets rose Monday morning as investors eyed two major Canada-related deals while the Canadian dollar advanced after a strong retail sales report.

Market at Crossroads of Earnings and Oil

Friday's Wall Street Glance

AP - Dow Jones Industrials

Dollar clings to gains after 5 day rise

NYSE says fines Merrill Lynch $10 mln

Reuters - The New York Stock Exchange on Monday said it fined Merrill Lynch & Co. , the biggest U.S. brokerage, $10 million for "supervisory and operational failures."

Nikkei ends flat after GDP, off 4-yr high

Stocks set to edge up as Fed tops agenda

Reuters - Stocks were seen opening slightly higher on Tuesday, reversing some of the previous day's losses, with the focus on an expected hike in interest rates.

Stocks drop on oil at record $64

Friday, August 19, 2005

Stock Markets Afternoon News 8/19/2005

Stocks cut gains as Merck verdict weighs

Reuters - U.S. stocks trimmed gains in late afternoon trading on Friday as Merck & Co. shares fell after a Texas jury ruled the drugmaker was negligent in the death of a man who took its painkiller Vioxx.

TSX jumps more than 100 points as oil, energy stocks revive; N.Y. also higher

Canadian Press - TORONTO (CP) - The Toronto stock market was sharply higher Friday afternoon after five losing sessions as a boost in the price of oil sent the energy sector higher. "I had been surprised at the strength of the entire market for let's say the last three months . . . it's been pretty robust," said Andrew Martyn, portfolio manager and vice-president at Davis Rea Ltd.

Stocks Edge Higher on Bargain Hunting

AP - Bargain hunters taking advantage of recent declines pushed stocks moderately higher Friday, with positive analyst reports drawing attention to Coca-Cola Inc. and International Business Machines Corp.

Dollar clings to gains after 5 day rise

Thursday's Wall Street Glance

AP - Dow Jones Industrials

NYSE says fines Merrill Lynch $10 mln

Reuters - The New York Stock Exchange on Monday said it fined Merrill Lynch & Co. , the biggest U.S. brokerage, $10 million for "supervisory and operational failures."

Market Should Rise Despite High Oil Prices

AP - A stock market that has shuttled between a level of comfort over the economy and deep anxiety over oil prices may be making that zigzag again this week as the government releases key inflation figures.

Nikkei ends flat after GDP, off 4-yr high

Stocks set to edge up as Fed tops agenda

Reuters - Stocks were seen opening slightly higher on Tuesday, reversing some of the previous day's losses, with the focus on an expected hike in interest rates.

Stocks drop on oil at record $64

Stock Markets Morning News 8/19/2005

U.S. stocks open higher

Reuters - U.S. stocks opened higher on Friday, with beverage company Coca-Cola Co. and auto parts company Delphi Corp. gaining on brokerage upgrades.

Bargain Hunters Push Stocks Higher

AP - Bargain hunters pushed stocks modestly higher Friday, encouraged by an analyst upgrade of Coca-Cola Co. and also hoping to take advantage of an otherwise down week.

Stocks up: TSX claws back earlier losses as oil jumps $1 US a barrel

Canadian Press - TORONTO (CP) - Stock markets moved higher Friday morning even as the price of crude oil rose on another round of supply concerns. A resurgence in the energy sector helped send Toronto's S&P/TSX composite index up 82.18 points at 10,473.48. A retreat in oil and gas stocks had taken the TSX down 109.42 points Thursday in its second triple-digit slide this week.

Dollar clings to gains after 5 day rise

Thursday's Wall Street Glance

AP - Dow Jones Industrials

NYSE says fines Merrill Lynch $10 mln

Reuters - The New York Stock Exchange on Monday said it fined Merrill Lynch & Co. , the biggest U.S. brokerage, $10 million for "supervisory and operational failures."

Market Should Rise Despite High Oil Prices

Nikkei ends flat after GDP, off 4-yr high

Stocks set to edge up as Fed tops agenda

Reuters - Stocks were seen opening slightly higher on Tuesday, reversing some of the previous day's losses, with the focus on an expected hike in interest rates.

Stocks drop on oil at record $64