Stocks open little changed
Reuters - U.S. stocks opened little changed on Monday as crude oil prices dipped but stayed close to record levels, stoking fears that higher energy costs will hurt profits and consumer spending.
Stocks Dip Despite Retreating Oil Prices
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."
Stock markets little changed ahead of inflation data; oil edges lower
Canadian Press - TORONTO (CP) - Stock markets were flat Monday morning as the price of crude oil moved slightly lower and investors looked ahead to key inflation data later into the week.
Market Should Rise Despite High Oil Prices
AP - A stock market that has shuttled between a level of comfort over the economy and deep anxiety over oil prices may be making that zigzag again this week as the government releases key inflation figures.
Friday's Wall Street Glance
AP - Dow Jones Industrials
Nikkei ends flat after GDP, off 4-yr high
Reuters - Tokyo's Nikkei average ended down 0.01 percent on Friday, a touch off the previous day's four-year high as weaker-than-expected GDP and a higher yen prompted selling in JFE Holdings and other recent gainers.
Yen near 6-week high
Reuters - The yen held near a six-week high against the dollar on Friday as investors shrugged off a weaker headline figure for second-quarter growth in Japan and focused on an upbeat outlook for the economy's recovery.
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.
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