Friday, September 16, 2005

Stock Markets Afternoon News 9/16/2005

Stocks up on Exxon, Intel upgrades

Traders finish the day at the New York Stock Exchange in New York on May 19, 2005. (Seth Wenig/Reuters)Reuters - U.S. stocks rose on Friday after ratings upgrades of Dow components Exxon Mobil Corp. and Intel Corp. boosted blue chips, while a drop in oil prices helped ease the impact of plunging consumer sentiment.


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Stocks Rise on Energy Sector Improvement

Broker Edward O'Connell, second from left, demonstrates an electronic trading device to Ukrainian President Viktor Yushchenko, third from right, during the President's visit to the floor of the New York Stock Exchange, Friday, Sept. 16, 2005. (AP Photo/Diane Bondareff)AP - Stocks gained Friday, narrowing the week's losses as the energy and basic materials sectors improved and Dow components Exxon Mobil Corp. and Intel Corp. climbed on upgrades.


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North American stock markets positive as oil prices decline, gold climbs

A visitor sits next to two autoshow workers dressed as crash test dummies on a bench at the International Auto Show IAA in Frankfurt, Germany, Friday. The 61th IAA opens runs to Sept. 25, 2005 with more than 1,000 exhibitors from 44 countries presenting their latest models and developments. (AP Photo/Bernd Kammerer)Canadian Press - TORONTO (CP) - Canada's benchmark stock index coasted above the 11,000-point mark Friday afternoon - trading at levels not seen since the fall of 2000 - with rising gold prices boosting Toronto's gold sector even as crude oil prices fell sharply.


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Wall Street seen firm as oil prices ease

Reuters - Wall Street looked set for a firm opening on Friday as a new drop in oil prices eased worries over the outlook for economic growth, with Adobe's solid results and fresh takeover activity also likely to help.

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Stock futures point higher

Reuters - U.S. stock futures pointed to a higher market open on Friday as investors awaited a report on consumer confidence for indications of how Hurricane Katrina and surging gasoline prices are affecting the psyche of the American shopper.

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Thursday's Wall Street Glance

AP - Dow Jones Industrials

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Status Report on Wall Street's Indexes

AP - A sleepy day on Wall Street ended with stocks little changed. Glum economic data gave investors hope that the Federal Reserve would stop its year-plus march of interest rate hikes when it meets next Tuesday. Those same investors seem poised to do very little, barring catastrophic news, until after the Fed meeting.

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Stocks attractive even as rates rise

Reuters - Appetite for U.S. stocks is likely to stay high even if the Federal Reserve raises interest rates next week because investors continue to see more value in equities than bonds and currencies.

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Stocks rise after benign inflation data

Traders at the New York Stock Exchange in New York. U.S. stock futures pointed toward a higher market open on Thursday as investors faced reports of potential merger activity and looked ahead to a key measure of consumer inflation due out before the opening bell. (Seth Wenig/Reuters)Reuters - U.S. stock rose on Thursday after government data showed consumer inflation grew at a milder-than-expected pace in August, raising expectations the Federal Reserve may pause its interest-rate hike campaign at least once this year.


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NYSE President Britz to Retire

AP - Robert Britz, one of the New York Stock Exchange's two presidents, will retire from the Big Board by the end of the year, the exchange said Wednesday.

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