Friday, October 14, 2005

Stock Markets Morning News 10/14/2005

Stocks trim gains after sentiment data

Reuters - U.S. stocks trimmed gains on Friday after data showed consumer sentiment fell unexpectedly in early October, spurring worry that high energy costs are cutting into household spending.

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Stocks Mixed After Inflation, Consumer Data

US Treasury Secretary John Snow gives a briefing overlooking the trading floor at the Shanghai Stock Exchange. Snow has warned China that reforms to its currency and fledgling capital markets are needed to keep its 'breathtaking' economic expansion sustained.(AFP/Mark Ralston)AP - Stocks were mixed Friday as a report of weakening consumer confidence offset strong earnings at General Electric Co. and government data indicating inflation is not as severe as investors feared.


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Stocks markets move higher on tame U.S. inflation reading

Canadian Press - TORONTO (CP) - The Toronto stock market moved into positive territory in early trading Friday as rising mining and financial stocks countered another round of energy stock selloffs.

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Thursday's Wall Street Glance

AP - Dow Jones Industrials

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Nasdaq slips, Dow gains limited

Reuters - The tech-laden Nasdaq fell on Tuesday to a 3-month low on weakness in semiconductor stocks, while the Dow's gains were limited by concerns about corporate profits and rising crude prices.

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Delphi to Trade Stock on 'Pink Sheets'

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

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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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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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