Friday, September 09, 2005

Stock Markets Morning News 9/9/2005

Stocks advance on TI outlook

Reuters - Stocks edged up on Friday after chipmaker Texas Instruments Inc. raised its outlook, boosting hopes for the technology sector.

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Stocks Climb on Intel, Texas Instruments

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 - Stocks rose Friday as revised forecasts from Texas Instruments Inc. and Intel Corp. overshadowed a climb in oil prices spurred by reports that Gulf coast energy production is still struggling following Hurricane Katrina.


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North American indexes higher at open, Canadian dollar trades at 2005 high

A pedestrian is silhouetted against a Tokyo brokerage's electric board indicating Tokyo stocks gain Friday. The Nikkei 225 index rose 158.15 points, or 1.26 percent, to 12,692.04 points on the Tokyo Stock Exchange. (AP Photo/Itsuo Inouye)Canadian Press - TORONTO (CP) - North American stock markets had a positive start Friday morning, while the Canadian dollar traded at a 2005 high - shooting above 85 cents US after a stable jobs report from Statistics Canada.


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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.

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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.

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Thursday's Wall Street Glance

AP - Dow Jones Industrials

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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.

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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.

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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.

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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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