Monday, September 05, 2005

Stock Markets Morning News 9/5/2005

Stocks up for the week

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 rose this week on expectations the Federal Reserve may slow the pace of rate increases amid signs damage caused by Hurricane Katrina may further slow the pace of economic growth.


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Dollar falls on doubts about US growth

Reuters - The dollar hit its lowest levels in nearly four months on Monday on worries that the Federal Reserve may pause in its dollar-supportive monetary tightening as the United States counts the cost of Hurricane Katrina.

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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.


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Stock markets in for cautious week in wake of Katrina, TSX poised to move up

Canadian Press - TORONTO (CP) - It will be a cautious week on stock markets as investors try to take in the enormity of the devastation caused to the U.S. Gulf Coast by hurricane Katrina.

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Friday's Wall Street Glance

AP - Dow Jones Industrials

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Dow Closes Down 12 Amid Hurricane Woes

Traders work in the coffee futures pit at the New York Board of Trade, Thursday, Sept. 1, 2005.  (AP Photo/Mary Altaffer)AP - Wall Street finished a difficult week lower Friday as investors, restrained by uncertainty about the economic impact of Hurricane Katrina, had little reaction to a sharp decline in oil prices and less unemployment. Despite the week's fluctuations, the major indexes ended with moderate gains.


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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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Wall Street wants more competition as NYSE, Nasdaq prep mergers

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

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