Stocks rise as oil recedes from high
Reuters - U.S. stocks advanced on Monday, with investors taking heart after crude futures pulled back from their record highs, easing worries about the effect of high energy costs on economic growth.
Stocks Make Some Gains As Oil Prices Swoon
Stocks mixed: drop in crude depresses energy stocks, TSX, helps lift New York
Canadian Press - TORONTO (CP) - A retreat from record high oil prices sent the Toronto stock market lower but boosted New York indexes into positive territory Monday afternoon.
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.
Friday's Wall Street Glance
AP - Dow Jones Industrials
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.
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.
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