Stocks rise on data, chip shares get lift
Reuters - U.S. stocks rose on Tuesday, after a government report showed strong June consumer spending and eased inflation concerns, while semiconductor makers' shares got a boost from an encouraging industry outlook from Maxim Integrated Products Inc. .
TSX shoots up 200 points as Canadian dollar spikes; U.S. indexes robust
Canadian Press - TORONTO (CP) - Canada's benchmark index surged by more than 200 points Tuesday as Bay Street investors cheered a $6.9-billion deal in the Canadian oilpatch while the Canadian dollar soared.
Nasdaq Composite Nears a Four-Year High
AP - Stocks advanced Tuesday, with the Nasdaq composite index near a four-year high as Wall Street welcomed data showing increased consumer spending and income for June and a continuation of double-digit corporate earnings growth.
Dollar hits 1-1/2 week low vs yen
Reuters - The dollar hit a 1-1/2 week low against the yen on Tuesday as investors awaited more convincing evidence to boost U.S. interest rate hike expectations after the greenback failed to rally on strong U.S. data.
Monday's Wall Street Glance
AP - Dow Jones Industrials
European shares edge up, ABN dips
Reuters - European shares ticked higher on Monday as crude prices near $61 a barrel supported heavyweight oil stocks, while a weak finish on Wall Street on Friday and a dip in mining shares capped gains.
Nikkei hits 4-1/2-month closing high
Reuters - The Nikkei average climbed for a fourth session on Monday to hit its highest close in four and a half months as rising oil prices lifted energy stocks and earnings prospects boosted firms like Komatsu Ltd. and NTT DoCoMo Inc.
Wall Street Hopes New Data Will Fuel Rally
AP - Wall Street's predictions of a summer rally were borne out in July, with stocks enjoying surprising gains thanks to good economic data and a solid earnings performance from corporate America. But as Friday's losses illustrated, investors may be wondering whether stocks are due for a downturn.
NYSE Criticized Over Governance Policies
AP - When the New York Stock Exchange unveiled its landmark acquisition of Archipelago Holdings Inc., Big Board Chief Executive John Thain pledged that the merged company would be a "model for best practices in corporate governance."
A Status Report on Wall Street
AP - Investors sent stocks higher Wednesday after the Federal Reserve's assessment of the economy raised hopes that the Fed's interest rate hikes would soon end.
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