Stocks fall as oil climbs to new record
New Oil Record Sinks Stocks
Stock markets rise as energy, financials boost TSX, NY higher on housing data
Canadian Press - TORONTO (CP) - The Toronto stock market moved up Thursday afternoon as the financial sector climbed following CIBC's quarterly earnings report and energy stocks gained as the price of oil moved toward $67 US a barrel.
Dollar clings to gains ahead of data
Reuters - The dollar held on to its gains on Wednesday as investors awaited U.S. durable goods data and a speech from a Federal Reserve policymaker to give indications of the interest rate outlook.
Tuesday's Wall Street Glance
AP - Dow Jones Industrials
Before the Bell: Google, Plumtree gain
Reuters - Google Inc. rose nearly 1 percent before the bell on Tuesday after the Los Angeles Times reported the Web search company will launch its own instant messaging system .
Market at Crossroads of Earnings and Oil
AP - Wall Street's gains from bullish second-quarter earnings are evaporating quickly in the face of near-record crude oil futures and increasing evidence that high gasoline prices are diverting consumers' dollars.
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."
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.
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.
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