Stocks fall on oil spike, Fed concern
Reuters - U.S. stocks fell on Tuesday, led by declines in retailers, insurers and transportation companies, a day after Hurricane Katrina hit the Gulf Coast, causing oil prices to soar to a new record.
Stocks Drop in Hurricane's Aftermath
AP - Stocks tumbled Tuesday in the devastating aftermath of Hurricane Katrina, which slammed the Gulf Coast, pounded hotels and casinos, constricting oil refinery capacity and leaving insurers to cover losses estimated as high as $26 billion. The Dow Jones industrial average fell more than 100 points in late afternoon trading.
Higher oil prices, bill from hurricane Katrina depress stock markets
Canadian Press - TORONTO (CP) - The Toronto stock market was slightly positive Tuesday afternoon as energy stocks rose along with oil prices.
Dollar holds gains before data
Reuters - The dollar held on to its gains and touched a three-week high versus the yen on Tuesday ahead of key U.S. consumer confidence data that will kick off a busy week of economic releases.
Nikkei recovers after gains
Reuters - Japan's Nikkei share average rose 0.94 percent on Tuesday, with investors buying exporters such as Toyota Motor Corp. as a weakening of Hurricane Katrina eased pressure on oil prices and helped a recovery in U.S. shares.
Monday's Wall Street Glance
AP - Dow Jones Industrials
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.
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.
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.
Wall Street wants more competition as NYSE, Nasdaq prep mergers
Canadian Press - NEW YORK (AP) - Philadelphia has a stock exchange?
No comments:
Post a Comment