Friday, September 02, 2005

Stock Markets Afternoon News 9/2/2005

Stocks flat and oil companies decline

New York City Police officer and bomb sniffing dog stand guard on Wall Street outside the New York Stock Exchange in New York, July 7, 2005. (Mike Segar/Reuters)Reuters - U.S. stocks were flat on Friday as rising estimates of the damage from Hurricane Katrina offset lower oil prices and an unemployment rate last month at a four-year low.


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TSX moves lower; N.Y. markets mixed on job gains as fuel costs ease

Canadian Press - TORONTO (CP) - The Toronto stock market was lower Friday afternoon as retreating energy prices took a bite out of Thursday's triple-digit runup.

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Stocks Fluctuate Ahead of Katrina Report

Traders work in the coffee futures pit at the New York Board of Trade, Thursday, Sept. 1, 2005.  (AP Photo/Mary Altaffer)AP - Stocks fluctuated Friday as investors looked past cooling oil prices and mixed employment data and watched the rising estimates of how much Hurricane Katrina will damage the economy.


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Thursday's Wall Street Glance

AP - Dow Jones Industrials

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Dollar holds gains before data

Reuters - The dollar held on to its gains and touched a three-week high versus the yen on Tuesday ahead of key U.S. consumer confidence data that will kick off a busy week of economic releases.

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Nikkei recovers after gains

Reuters - Japan's Nikkei share average rose 0.94 percent on Tuesday, with investors buying exporters such as Toyota Motor Corp. as a weakening of Hurricane Katrina eased pressure on oil prices and helped a recovery in U.S. shares.

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NYSE member arrested in threat case

The facade of the New York Stock Exchange on Broad Street in Manhattan April 20, 2005, where it was announced that the NYSE plans to merge with Archipelago Holdings Inc. A New York Stock Exchange member has been arrested in connection with a telephone threat to a fellow member about the NYSE's deal to buy electronic trading company Archipelago Holdings Inc., New York police said on Monday.  (Mike Segar/Reuters)Reuters - A New York Stock Exchange member has been arrested in connection with a telephone threat to a fellow member about the NYSE's deal to buy electronic trading company Archipelago Holdings Inc. , New York police said on Monday.


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NYSE Member Arrested for Alleged Threat

AP - A member of the New York Stock Exchange was arrested Monday for allegedly threatening another member who sued to oppose the Big Board's takeover of electronic rival Archipelago Holdings Inc.

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Oil's Economic Impact May Be Seen This Week

Engineer Ray Johnson waits as Orange County Fire Engine 21 is filled with diesel fuel at a Mobil station Friday, Aug. 26, 2005, in Tustin, Calif. Oil prices crept up to $67.32 a barrel setting a new high Thursday, Aug. 25, 2005. (AP Photo/Chris Carlson)AP - Wall Street has been battered in recent weeks by high oil prices and mounting evidence that rising energy costs — including record gasoline prices — are starting to curtail consumer spending.


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Wall Street wants more competition as NYSE, Nasdaq prep mergers

Canadian Press - NEW YORK (AP) - Philadelphia has a stock exchange?

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