Stocks fall on profit jitters, data
Reuters - Stocks fell on Tuesday as a key economic gauge showed a larger-than-expected drop in consumer confidence and Texas Instruments Inc.'s disappointing revenue outlook rekindled worries about corporate earnings.
Profit Taking Sends Stocks Down
AP - A spate of profit taking sent stocks sliding Tuesday, with disappointing news from Texas Instruments Inc. and a drop in consumer confidence adding to the letdown after the previous session's triple-digit gains.
TSX moves up on higher oil, Wall Street slips after big gains Monday
Canadian Press - TORONTO (CP) - The Toronto stock market edged higher Tuesday morning on some positive earnings reports while energy stocks enjoyed a pop from higher oil prices.
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.
Monday's Wall Street Glance
AP - Dow Jones Industrials
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.
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.
Bernanke Nod No Surprise on Wall Street
AP - There's no surprise on Wall Street about Ben Bernanke's nomination as Federal Reserve chairman, since his name had been floated for the job for months. He has a strong academic background, has served on the Fed board, and spent five months heading President Bush's economic team.
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.
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