Friday, October 21, 2005

Stock Markets Afternoon News 10/21/2005

Dow falls as Caterpillar slides

Reuters - The blue-chip Dow average fell on Friday after Caterpillar Inc. posted weaker-than-expected earnings and cut its profit outlook, while tech stocks gained, partly driven by Web-search company Google Inc. after it reported a higher quarterly profit.

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Caterpillar, Google Leave Stocks Mixed

Specialist Thomas G. Grace Jr., center, of Banc of America Specialist Inc. works his post on the trading floor of the New York Stock Exchange in the morning hours Friday, Oct.  21,  2005.  Stocks were mixed Friday as Caterpillar Inc.'s lackluster results dragged down the Dow Jones industrial average, while strong quarterly earnings from Google Inc. encouraged tech investors. (AP Photo/David Karp)AP - Stocks traded mostly higher Friday, with Caterpillar Inc.'s lackluster results dragging down the Dow Jones industrials while strong earnings from Google Inc. led a broader rally on the market.


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TSX moves higher after 235-point selloff, NY mixed on earnings

A businessman studies stock prices in front of a Tokyo brokerage as Japanese stocks eked out gains Friday rising for a second day, with some investors buying stocks that have fallen in the market's recent slide. The Nikkei 225 index rose 9.49 points, 0.07 percent, to finish at 13,199.95 on the Tokyo Stock Exchange. (AP Photo/Katsumi Kasahara)Canadian Press - TORONTO (CP) - A resurgence in energy and gold stocks helped send the Toronto stock market up more than 100 points Friday as investors wondered where the TSX would settle after a three-week energy-sector-led correction.


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Nasdaq jumps 1 pct on Google news

Reuters - U.S. technology stocks rose on Friday, pushing the Nasdaq Composite Index (.IXIC) more than 1 percent higher, after Web search company Google Inc. reported earnings that beat analysts' expectations, boosting demand for Internet shares.

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Dollar slips as rally loses steam

Reuters - The dollar fell against the euro and the yen on Friday after its rally fueled by expectations of higher U.S. interest rates ran out of steam and traders took profits.

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Thursday'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 Thursday on the New York Stock Exchange and Nasdaq Stock Market.

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Nikkei snaps 6-day sell-off

Reuters - Japan's Nikkei share average rose 0.7 percent on Thursday and was on track to snap a six-day losing streak as gains on Wall Street encouraged investors to pick up Advantest Corp. (6857.T) and other technology stocks.

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Stock futures point to lower open

Reuters - U.S. shares were set to open weaker on Wednesday, adding to the previous session's losses on a disappointing revenue forecast from chipmaker Intel .

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NYSE Members Polled on Archipelago Deal

AP - An anonymous group of New York Stock Exchange members has commissioned a survey that seeks to gauge seatholder interest in alternatives to the exchange's planned acquisition of Archipelago Holdings Inc.

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