Blue-chip stocks sag on rate fears
Reuters - U.S. blue-chip stocks slipped on Monday after data showing stronger-than-expected manufacturing activity last month raised speculation that the Federal Reserve will extend its campaign of interest-rate increases to stave off inflation.
Dow Sheds 18 on Inflation, Rate Worries
AP - Stocks traded mixed Monday after a new report showed the nation's manufacturing sector is expanding but facing even higher prices, triggering worries about inflation and rising interest rates.
Ameriprise Shares Fall in Debut
AP - Shares of Ameriprise Financial Inc. fell in the stock's debut on the New York Stock Exchange on Monday, as the financial-services company embarked on its spinoff from credit-card and travel giant American Express Co.
Stock markets mixed on positive U.S. manufacturing data, corporate news
Canadian Press - TORONTO (CP) - Financials and energy stocks pushed the Toronto stock market higher Monday afternoon as investors looked ahead to the upcoming earnings reporting season.
Dollar holds gains after ISM data boost
Reuters - The dollar held on to earlier gains on Monday, hovering near a 16-month high against the yen and a three-month peak against the euro, after a U.S. manufacturing survey raised expectations for more interest rate hikes.
Dollar pops up on headline ISM
Reuters - The dollar climbed back toward session and multi-month highs on Monday after a reading of U.S. manufacturing activity in September beat market expectations.
Economic Data Should Clarify Storm Matters
AP - Wall Street has been stewing in uncertainty over the economic impact of hurricanes Katrina and Rita, but a new batch of data due in the week ahead will help clarify the situation.
Friday's Wall Street Glance
AP - Dow Jones Industrials
Appeals Court Reinstates Grasso Lawsuit
AP - A state appeals court has revived a libel lawsuit that former New York Stock Exchange chief Richard A. Grasso brought against his successor as part of a battle over $187.5 million in severance pay.
Wall Street set to open flat
Reuters - U.S. stock futures pointed to a mixed start on Wall Street on Friday with the Federal Reserve's favored measure of inflation, the personal consumption expenditure (PCE) deflator, seen rising and consumer confidence set to fall.
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