Wednesday, August 17, 2005

Stock Markets Afternoon News 8/17/2005

Stocks rise on HP earnings

A customer fills up his vehicle with gasoline in New York as prices surge to record high August 11, 2005. U.S. stocks dropped on Tuesday, with the Nasdaq and the S&P 500 in their biggest one-day percentage declines since April, after Wal-Mart Stores Inc. <WMT.N> warned rising oil prices were taking a toll on consumer spending.  Photo by Teddy Blackburn/ReutersReuters - U.S. stocks advanced on Wednesday, helped by soaring shares of Hewlett-Packard Co. , which posted their biggest percentage gain since November 2001 a day after reporting better-than-expected earnings.


Read More...

Stocks Move Higher on Sagging Oil Prices

Sprint Nextel President and Chief Executive Officer Gary Forsee, fourth from left, and Executive Chairman Tim Donohue, fifth from left, join executives and guests of Sprint Nextel at the opening bell of the New York Stock Exchange Tuesday, Aug. 16, 2005. (AP Photo/New York Stock Exchange)AP - Stocks climbed Wednesday on drooping oil prices and an upbeat outlook from Hewlett-Packard Co.


Read More...

Stocks mixed as slide of more than $2 in price of crude depressed TSX, raises NY indexes

Canadian Press - TORONTO (CP) - The Toronto stock market gave up ground Wednesday afternoon as a sharp drop in oil prices sent energy stocks lower. The retreat of more than $2 US a barrel in the price of oil boosted New York markets, as did Hewlett Packard Co.'s quarterly report.

Read More...

Tuesday's Wall Street Glance

AP - Dow Jones Industrials

Read More...

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."

Read More...

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.

Read More...

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.

Read More...

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.

Read More...

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.

Read More...

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.

Read More...

No comments: