Stocks fall as oil soars
Stocks Fall on Rising Trade Deficit
Stocks fall on rising US trade deficit, climbing oil prices and disappointing Dell outlook
Canadian Press - TORONTO (CP) - Crude oil at fresh record highs and a deteriorating U.S. trade deficit pushed stock markets lower Friday at midday.
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.
Yen near 6-week high
Reuters - The yen held near a six-week high against the dollar on Friday as investors shrugged off a weaker headline figure for second-quarter growth in Japan and focused on an upbeat outlook for the economy's recovery.
Thursday's Wall Street Glance
AP - Dow Jones Industrials
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.
Any lift to stocks from Fed short-lived
Reuters - A better-than-expected jobs report last week squashed hope the Federal Reserve will pause in its campaign to raise interest rates and took away a major catalyst for U.S. stocks in a historically weak month.
European shares rise as techs rally
Reuters - European stocks gained on Monday, led by a rise in Nokia on a media report that Cisco Systems is considering buying the world's top mobile handset maker, while oil prices near record highs lifted Total.
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