Stocks drop as weak retail outlook
Reuters - U.S. stocks dropped on Tuesday, as Wal-Mart Stores Inc. warned that high oil prices are taking a toll on consumer spending and the government said surging energy costs drove the consumer price index up in July.
Stocks Move Lower on Inflation Concerns
Stocks retreat as Wal-Mart raises fears of high fuel prices choking spending
Canadian Press - TORONTO (CP) - Stock markets moved lower Tuesday as investors dealt with data showing rising U.S. inflation while a quarterly report from the world's biggest retailer heightened concerns about soaring fuel prices.
Monday'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
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.
No comments:
Post a Comment