Stocks gain on declining oil, solid data
Reuters - U.S. stocks gained strength on Tuesday, helped by a sharp decline in crude oil prices and a stronger-than-expected report on August factory orders.
Stocks Fall on Profit Shortfall Warnings
AP - Stocks edged lower in early trading Tuesday despite a drop in oil prices as a number of companies warned of profit shortfalls and higher costs, some of which could be passed on to consumers.
Wall St seen up
Reuters - U.S. futures pointed to a firmer Wall Street start on Tuesday as oil prices eased under $65 a barrel offering some counter-inflationary comfort to a market haunted by an increased likelihood of more interest rate hikes.
Dollar holds firm on Fed rate talk
Reuters - The dollar remained firm on Tuesday near this week's three-month highs against the euro and 16-month peaks versus the yen as a Federal Reserve official joined the hawkish chorus on U.S. interest rates.
Nikkei on track for 4-year high
Reuters - Tokyo's Nikkei share average gained 0.92 percent and was set to book a new four-year closing high on Tuesday as investors bought high tech firms such as Kyocera Corp. and other exporters following the yen's drop to near a 16-month low against the dollar.
Monday's Wall Street Glance
AP - Dow Jones Industrials
TSX up on energy stocks, NY mixed as data stokes inflation fears
Canadian Press - TORONTO (CP) - The Toronto stock market got off to a positive start to fourth-quarter trading with investors bidding financials and energy stocks higher ahead of the upcoming earnings reporting season.
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.
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.
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