Wednesday, October 26, 2005

Stock Markets Afternoon News 10/26/2005

Stocks barely budge after mixed earnings

Reuters - stocks were barely changed on Wednesday after mixed earnings reports, while remarks from President George W. Bush about the need to increase gasoline supplies weighed on sentiment.

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Earnings Woes Keeps Stocks Mixed

Traders Paul Lavezzoli (XPRO) and Brian Platt (BCP) along with others work the Standard & Poor's 500 Futures pit at the Chicago Mercantile Exchange Tuesday morning, Oct. 25, 2005. Chicago Mercantile Exchange Holdings Inc., the country's largest futures exchange, on Tuesday reported third-quarter earnings rose 30 percent to $77.5 million, or $2.22 a share, from $59.4 million, or $1.72 a share, a year earlier. The exchange attributed its strong quarter to 'significant volume growth in our foreign exchange, interest rate and equity products.' (AP Photo/Charles Rex Arbogast)AP - Stocks were narrowly mixed in volatile afternoon trading Wednesday as investors struggled to digest a mix of earnings reports and weighed the odds of a yearend rally that would give the flagging stock market a boost.


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Stock markets mixed as crude oil prices fall back, earnings disappoint

Canadian Press - TORONTO (CP) - The Toronto stock market gave up moderate gains Wednesday afternoon as the energy sector deteriorated in the wake of data showing higher than expected crude inventories in the U.S. last week.

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Stocks futures up; Amazon under pressure

Reuters - U.S. stock futures were pointing to a higher opening on Wall Street on Wednesday with strong earnings expected from blue chips such as Boeing , but Amazon is set to dip after disappointing after-hours figures.

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Tuesday's Wall Street Glance

AP - Dow Jones Industrials

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Stocks slip as oil climbs

Reuters - Stocks ended slightly lower on Tuesday as a jump in crude oil prices fueled concern that higher energy prices would crimp household budgets further and a closely watched gauge of consumer confidence dropped unexpectedly in October.

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Goldman E-Mails Show NYSE-Archipelago Deal

AP - A Goldman Sachs Group Inc. employee expressed surprise in a series of e-mails about the investment bank's unusual — some say conflicting — roles in shepherding the New York Stock Exchange's acquisition of Archipelago Holdings Inc.

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Stocks poised for rally despite unease

Reuters - Worries about oil prices, a possible housing bubble and inflation have all conspired to keep the wraps on a U.S. stock market that may finally be showing signs it will reverse course after a sluggish year.

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Archipelago Earnings Down on NYSE Merger

AP - Archipelago Holdings Inc. said earnings in the latest quarter fell, hurt by the cost of preparing for its merger with the New York Stock Exchange.

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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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