US stocks slip on record oil prices
Reuters - U.S. stocks slipped on Monday as oil rose to a record high, raising concerns about corporate profits and consumer spending, while worries of higher interest rates hurt shares of banks and home builders.
Stocks Fall on Record High Oil Prices
AP - Stocks headed lower Monday as the price of oil hit record highs after the U.S. embassy in Saudi Arabia said it would be closed for two days due to security threats.
Any lift to stocks from Fed short-lived
Reuters - A better-than-expected jobs report last week squashed hope the Federal Reserve will pause in its campaign to raise interest rates and took away a major catalyst for U.S. stocks in a historically weak month.
Stocks mixed: North American indexes lose momentum as oil hits $64 US
Canadian Press - TORONTO (CP) - The Toronto stock market was higher Monday afternoon on good earnings news and higher energy stocks. However, record high oil prices depressed New York markets and took the TSX off its earlier triple-digit gains.
European shares rise as techs rally
Reuters - European stocks gained on Monday, led by a rise in Nokia on a media report that Cisco Systems is considering buying the world's top mobile handset maker, while oil prices near record highs lifted Total.
Nikkei up after postal bills rejected
Reuters - Tokyo's Nikkei share average reversed losses to end higher on Monday as the market took in stride the defeat of a key government bill to privatize the giant postal system, and likely general election.
Fed Rate Policy to Dictate Week's Trading
AP - Wall Street knows the Federal Reserve is all but certain to raise interest rates at Tuesday's meeting. The bigger question, and one that may not get an answer this week, is when will the Fed stop?
Friday's Wall Street Glance
AP - Dow Jones Industrials
Stocks slip, jobs data prompts rate fears
Reuters - U.S. stocks fell broadly on Friday after a better-than-expected jobs report stirred worry about rising interest rates, hurting shares of companies sensitive to borrowing costs like homebuilders and banks.
Alliance One of Many Under NYSE Probe
AP - Alliance Capital Management is one of approximately 20 companies under investigation by the New York Stock Exchange for failing to properly identify short-sale stock transactions, Alliance said Friday in a regulatory filing.
No comments:
Post a Comment