Stocks climb on Bernanke, earnings
Reuters - U.S. stocks rose sharply on Monday as White House economic adviser Ben Bernanke's nomination to succeed Federal Reserve Chairman Alan Greenspan removed some market uncertainty over the selection and after better-than-expected earnings reports lifted sentiment.
Bernanke Nod No Surprise on Wall Street
Stocks Rally on Fed Chief Appointment
Earnings reports, lower oil, appointment of Fed governor send stocks higher
Canadian Press - TORONTO (CP) - Canadian and U.S. markets were positive Monday afternoon as oil shares rose despite another slide in the price of crude and the corporate earnings trend was mainly positive.
Wall St seen up as welter of earnings due
Reuters - U.S. futures pointed to a firmer start on Wall Street on Monday with investors awaiting results and guidance from a brace of S&P 500 companies, including American Express and Texas Instruments .
Profit Forecasts Overshadowing Earnings
AP - Some of the nation's biggest, most successful companies have posted very good third-quarter earnings, yet their stocks have been punished for lackluster profit forecasts. And that has the major indexes whipsawing — a trend likely to continue in the week ahead.
Wall Street Glance
AP - Dow Jones Industrials
Status Report on Wall Street's Indexes
AP - Stocks wrapped up an erratic week with a mixed session Friday as a troubling profit forecast from Caterpillar Inc. dragged down blue chips and stellar earnings from Google Inc. pumped up tech stocks.
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.
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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