U.S. stocks rise, helped by AIG earnings
Reuters - U.S. stocks rose on Wednesday as solid earnings from insurance company American International Group Inc. and investor confidence that the Federal Reserve wouldn't accelerate its campaign of interest-rate hikes helped demand for equities.
Stocks Move Higher on Economic Optimism
AP - Investors bid stock prices higher Wednesday, apparently confident that the economy will remain strong despite rising interest rates and higher oil prices.
Stocks up as energy stocks rise on higher oil, investors absorb rate hike
Canadian Press - TORONTO (CP) - Stock markets were higher Wednesday morning as investors absorbed the latest rate hike from the U.S. Federal Reserve and a disappointing quarterly report from tech bellwether Cisco Systems Inc.
Tokyo stocks hit multi-year highs on economy hopes
Reuters - Tokyo stocks rose to multi-year highs on Wednesday, with the Nikkei average booking a 15-month closing high and the broader TOPIX index logging its highest finish in four years.
Dollar inches up vs. euro post-Fed
Reuters - The dollar edged up against the euro on Wednesday, recovering from an initial drop after the Federal Reserve raised interest rates for a 10th straight time and indicated even more are on the way.
Tuesday's Wall Street Glance
AP - Dow Jones Industrials
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.
Stocks drop on oil at record $64
Reuters - U.S. stocks slipped on Monday as crude oil climbed to a record $64 a barrel, stoking concerns about the impact of high energy costs on corporate profits and consumer spending, while worries about rising interest rates hurt shares of banks and home builders.
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.
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.
No comments:
Post a Comment