Tuesday, October 11, 2005

Stock Markets Afternoon News 10/11/2005

Blue-chips gain after Fed minutes

Reuters - U.S. blue-chip stocks rose

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Delphi to Trade Stock on 'Pink Sheets'

AP - Delphi Corp.'s stock will trade on the over-the-counter electronic bulletin board after the company's shares were suspended from trading Tuesday on the New York Stock Exchange.

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Stocks Mixed As Alcoa Boosts the Dow

Barbara Harris, head of the upscale clothing line Multi by Bree, speaks with designer Ronald Hodges in her showroom, Friday, Oct. 7, 2005, in the garment district area of New York.  Americans' dreams of early retirement, interrupted by the 2000 stock market bust, live on. They have been revived in part by the economy's rebound, soaring home values and the ambitions of baby boomers.(AP Photo/Diane Bondareff)AP - Stocks were mixed Tuesday as strong earnings from Alcoa Inc. led the Dow Jones industrials higher but the Nasdaq gave up early gains as rising oil prices renewed worries about inflation and recession.


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Dollar pushes to session highs after Fed

Reuters - The dollar lumbered up to session highs on Tuesday after release of the minutes of the Federal Reserve's last policy-setting meeting which reinforced market expectations for more interest rate hikes, traders said.

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Stock markets mixed on Inco-Falconbridge deal, Alcoa earnings, tech weakness

Canadian Press - TORONTO (CP) - Falling technology and financial stocks kept the Toronto stock market in the red Tuesday as the energy sector continued to mend from last week's correction and investors took in a huge deal in the mining industry.

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Wall Street Journal Trims Down in Redesign

AP - The Wall Street Journal is cutting back the size of its newspaper as part of a redesign that will save it $18 million per year, the newspaper's publisher, Dow Jones & Co., said Tuesday.

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NYSE to suspend trading in Delphi

Reuters - The New York Stock Exchange said on Tuesday that trading in Delphi Corp. shares would be suspended immediately.

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Stocks set to open up, techs in focus

Reuters - U.S. stock index futures pointed to a higher opening on Wall Street on Tuesday, paring market declines seen in recent sessions, with earnings a key focus.

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Monday's Wall Street Glance

AP - Dow Jones Industrials

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Big Movers in the Stock Market

AP - Stocks that were moving substantially or trading heavily Monday on the New York Stock Exchange and Nasdaq Stock Market.

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