Friday, September 09, 2005

Stock Markets Afternoon News 9/9/2005

Stocks up as market looks for rate pause

Reuters - U.S. stocks rose on Friday, lifted by expectations the Federal Reserve may pause this year in its campaign to raise interest rates, while energy companies climbed as investors bet that high oil prices would help their profits.

Read More...

Stocks Up As Oil, Gas Prices Decline

In this image released by NASDAQ, Bonnie McElveen-Hunter, Chairman of the American Red Cross, signs the podium after opening the market at the NASDAQ MarketSite in Times Square, New York, Thursday Sept. 8, 2005. Fourth from right is Nasdaq CEO Robert Greifeld, third from left is Nasdaq VP Maribel Aber. The American Red Cross is one of the organizations working to get relief to those affected by Hurricane Katrina. (AP Photo/  Nasdaq/Rob Tannenbaum)AP - Wall Street made a sturdy advance Friday as oil prices declined and investors welcomed an upbeat outlook from chipmaker Texas Instruments Inc. as a sign that consumer spending is still healthy.


Read More...

North American indexes move higher, Canadian dollar at 13-year high

Canadian Press - TORONTO (CP) - North American stock markets moved sharply higher Friday afternoon while the Canadian dollar traded at a 13-year high - shooting above 85 cents US after a recent interest rate hike and a stable jobs report from Statistics Canada.

Read More...

Dollar steers clear of recent lows

Reuters - The dollar on Friday held more than a cent away from three-months lows against the euro hit after the deadly Hurricane Katrina struck the U.S., as fears about the long-term impact of the disaster waned.

Read More...

Nikkei up on techs

Reuters - Japan's Nikkei average rose 1.26 percent to end at a four-year high on Friday as investors bought lagging tech shares, with expectations that the ruling coalition will win Sunday's general election also lifting the market.

Read More...

Thursday's Wall Street Glance

AP - Dow Jones Industrials

Read More...

NYSE Postpones Life Sciences Listing

AP - Executives of Life Sciences Research Inc., a medical research firm frequently targeted by animal rights activists, were having breakfast in the ornate dining room of the New York Stock Exchange on Wednesday, excited about their new listing on the Big Board.

Read More...

Dollar gains as oil price falls

Reuters - The dollar rose against the euro on Thursday as oil prices fell in the wake of U.S. crude oil inventory data.

Read More...

Wall Street set to dip, EBay eyed

Reuters - U.S. stock futures were pointing to a weaker opening on Wall Street on Thursday with uncertainty over the Federal Reserve's monetary policy in the wake of Hurricane Katrina dominating the market's focus.

Read More...

Katrina's Effect on Markets Is Uncertain

A military helicopter continues the process of dropping 3,000 pound sandbags into the break in the 17th Street drainage canal in Metarie, La.,  Sunday, Sept. 4, 2005.  The wall was damaged when Hurricane Katrina made landfall last Monday. (AP Photo/Steven Senne)AP - In the aftermath of Hurricane Katrina, investors trying to figure out where Wall Street is headed are likely to find it's an impossible task.


Read More...

No comments: