Monday, October 24, 2005

Stock Markets Morning News 10/24/2005

Stocks rise on lower oil, Wilma relief

Reuters - Stocks rose sharply on Monday, buoyed by declining crude prices and relief that the latest hurricane to hit the United States missed oil rigs and platforms in the Gulf of Mexico.

Read More...

Drug Co. Profits Boost Stock Prices

Traders work the floor of the New York Stock Exchange. US stocks swung higher at the opening, with market sentiment boosted by a drop in crude-futures prices below 60 dollars a barrel and positive corporate news(AFP/Getty Images/File/Spencer Platt)AP - Strong profits in the pharmaceutical sector lifted stocks Monday, with falling crude oil prices giving further impetus to the buying.


Read More...

Strong earnings reports, lower oil prices send stock markets higher

Canadian Press - TORONTO (CP) - Stock markets were higher Monday morning as Toronto energy-sector shares rose despite another drop in the price of oil, while lower crude and the latest batch of earnings reports boosted Wall Street.

Read More...

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 .

Read More...

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.

Read More...

Wall Street Glance

AP - Dow Jones Industrials

Read More...

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.

Read More...

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.

Read More...

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.

Read More...

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.

Read More...

No comments: