Stock futures inch lower after labor data
Reuters - U.S. stock index futures inched lower on Wednesday, suggesting a slightly weaker market open, after a government report showed slower-than-expected business productivity and an uptick in a measure of inflation.
Stocks Decline on Inflation Concerns
AP - Investors concerned about inflation pushed stocks lower Wednesday as the government reported higher labor costs amid decreasing productivity — a possible harbinger of continued interest rate hikes in an economy likely to slow considerably in the wake of Hurricane Katrina.
C$ edges lower as Bank of Canada hikes rates; stocks look to open flat
Canadian Press - TORONTO (CP) - The Canadian dollar was down slightly after the Bank of Canada hiked interest rates Wednesday for the first time since last year.
Dollar pauses as US rate clues awaited
Reuters - The dollar stabilised on Wednesday as investors sought clues on the U.S. interest rate outlook after the devastation wrought by Hurricane Katrina raised concerns about economic growth.
Wednesday's Wall Street Glance
AP - Dow Jones Industrials
Nikkei turns tail, ends down
Reuters - Tokyo's Nikkei share average fell 0.28 percent on Tuesday as investors cashed in steel makers such as JFE Holdings Inc. following a morning run that had pushed the benchmark above 12,700 for the first time since 2001.
Katrina's Effect on Markets Is Uncertain
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.
NYSE member arrested in threat case
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.
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.
Wall Street wants more competition as NYSE, Nasdaq prep mergers
Canadian Press - NEW YORK (AP) - Philadelphia has a stock exchange?
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