Stocks rise as storm weakens
Reuters - U.S. stocks rose on Monday, rebounding from earlier losses, as Hurricane Katrina weakened after hitting the U.S. Gulf Coast and oil prices retreated from records that rattled shares early in the session.
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Stocks Rally As Katrina's Force Diminishes
AP - Wall Street rallied Monday as the force of Hurricane Katrina diminished, easing worries about refinery outages and damage along the Gulf of Mexico. Oil prices also retreated from record highs and reassured the market.
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NYSE member arrested in threat case
Reuters - A New York Stock Exchange member has been arrested in connection with a telephone threat to a fellow member about the NYSE's deal to buy electronic trading company Archipelago Holdings Inc. , New York police said on Monday.
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NYSE Member Arrested for Alleged Threat
AP - A member of the New York Stock Exchange was arrested Monday for allegedly threatening another member who sued to oppose the Big Board's takeover of electronic rival Archipelago Holdings Inc.
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Stock markets higher as investors hope damage from Katrina won't be as bad as feared
Canadian Press - TORONTO (CP) - The Toronto stock market was higher Monday as energy stocks rose in the wake of a jump in oil prices as investors tried to evaluate the damage to U.S. refinery and offshore oil production facilities by Hurricane Katrina.
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Dollar falls on oil surge, yuan eyed
Reuters - The dollar slipped against most other major currencies on Monday as investors fretted that record high oil prices could crimp U.S. economic growth, but it gained against the yen as Tokyo shares stumbled.
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Nikkei off 1 pct on oil worries
Reuters - The Nikkei average was down 1 percent by midsession on Monday, led by exporters like Toyota Motor Corp. on worries over a surge in oil prices to a new record and after figures last week showed a fall in U.S. consumer confidence.
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Oil's Economic Impact May Be Seen This Week
AP - Wall Street has been battered in recent weeks by high oil prices and mounting evidence that rising energy costs — including record gasoline prices — are starting to curtail consumer spending.
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Friday's Wall Street Glance
AP - Dow Jones Industrials
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Wall Street wants more competition as NYSE, Nasdaq prep mergers
Canadian Press - NEW YORK (AP) - Philadelphia has a stock exchange?
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