Stocks fall on consumer, rate hikes
Reuters - U.S. stocks fell on Friday as a warning by Federal Reserve Chairman Alan Greenspan about rising asset prices and a drop in U.S. consumer sentiment pushed down housing and retailing shares.
Stocks Make Up Losses As Oil Prices Fall
AP - Stocks attempted a late-session rally Friday as oil prices backed off record highs and mitigated a sharp dip in the nation's consumer confidence. But the rise in oil prices left the major indexes poised to finish the session and the week lower.
Energy stocks take TSX lower, NY off on high oil, Greenspan comments
Canadian Press - TORONTO (CP) - The Toronto stock market was practically unchanged Friday afternoon, held back by a lower energy sector despite higher oil prices.
Nikkei close higher on steel, auto shares
Reuters - Tokyo's Nikkei share average rose 0.28 percent on Friday as investors scooped up steel and auto shares on earnings prospects, though some recent winners such as Fast Retailing Co. Ltd. fell on profit-taking.
Dollar shaken as China denies yuan rumor
Reuters - The dollar was rattled on Friday by market speculation that China might again revalue its yuan currency, but retraced losses after a denial from the Chinese central bank.
Thursday'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."
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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