Stocks decline after Fed raises rates
Reuters - U.S. fell on Tuesday after the Federal Reserve raised the benchmark interest rate to 3.75 percent and gave no indication it's near the end of its rate-increase campaign.
Stocks Sell Off Sharply After Rate Hike
AP - Stocks sold off sharply Tuesday after the Federal Reserve said it would continue raising interest rates despite Wall Street's worries about the economic impact of Hurricane Katrina.
Stocks mixed: TSX lower as investors weigh Ottawa's curve thrown at trusts
Canadian Press - TORONTO (CP) - The Toronto stock market was lower as investors punished stocks of companies that could be affected by a curve thrown at the income trust sector by Ottawa.
Dollar dips but holds ranges ahead of Fed
Reuters - The dollar fell on Tuesday but still held fairly near the previous session's seven-week high against the euro as the Federal Reserve was widely expected to raise U.S. rates for an 11th straight time later in the day.
Monday's Wall Street Glance
AP - Dow Jones Industrials
New $5B energy trust to be formed by merger of Acclaim Energy and StarPoint
Canadian Press - CALGARY (CP) - StarPoint Energy Trust's short but aggressive life will draw to a close as it announced plans Monday to merge with Acclaim Energy Trust, forming Canada's third-largest conventional oilpatch trust with an enterprise value of more than $5 billion.
Sirius rises, ViaCell falls before open
Reuters - Shares of Sirius Satellite Radio Inc. rose 0.71 percent before the opening bell on Monday after it raised its 2005 full year revenue forecast, and said it expects strong revenue growth in 2006.
Wall Street seen lower as oil climbs
Reuters - Shares on Wall Street are expected to open lower as oil prices climbed more than 1 percent as a new storm appeared to be headed for the U.S. Gulf Coast.
Wall Street Casts Wary Eye on the Fed
AP - Wall Street will be focused this week on the Federal Reserve and whether policymakers will raise interest rates an 11th consecutive time, a move that could cause investors to pull back amid greater uncertainty about economic growth in Hurricane Katrina's aftermath.
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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