Friday, September 16, 2005

Stock Markets Morning News 9/16/2005

Stocks up on Exxon, Intel upgrades

Reuters - U.S. stocks rose on Friday, as brokerage upgrades boosted shares of blue-chip companies Exxon Mobil Corp. and Intel Corp. and a day after President George W. Bush pledged extensive federal aid to rebuild areas hurt by Hurricane Katrina.

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Stocks Higher on Exxon, Intel Upgrades

Indonesian President Susilo Bambang Yudhoyono, right, rings the opening bell at the New York Stock Exchange, joined by NYSE Chairman Marshall Carter, center, and Indonesian Foreign Minister N. Hassan Wirajuda, left, Thursday, Sept. 15, 2005. President Yudhoyono is in New York for the United Nations 2005 World Summit. (AP Photo/New York Stock Exchange, Mel Nudelman)AP - Stocks rose in early trading Friday on upgrades of Dow components Exxon Mobil Corp. and Intel Corp.


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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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Early stock market signals positive, crude oil prices decline

Canadian Press - TORONTO (CP) - Global indicators were mostly positive for North American stock markets early Friday as crude oil prices slipped ahead of U.S. economic reports.

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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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