Stock Markets Morning News 11/9/2005

U.S. stocks flat before oil data

Reuters - U.S. stocks were little changed on Wednesday before the release of oil inventory data forecast to show a rise in supplies, which could ease investor worries about higher energy prices and support the stock market.

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Stocks Nearly Still on PepsiCo Worries

AP - Stocks barely moved Wednesday after PepsiCo Inc. reduced its year-end forecast and insurance giant American International Group said it would restate its results for three fiscal years.

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Stocks Are Set to Open Flat on AIG News

AP - U.S. stock futures hovered around the flat line Wednesday, with American International Group again calling into question the accuracy of its books while networking giant Cisco may see positioning ahead of its earnings report.

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US stocks set to open flat

Reuters - U.S. stock futures suggested a nearly flat market opening on Wednesday, with investors looking for direction from Internet equipment company Cisco Systems Inc. before its quarterly financial results to be released after the market's close.

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Tuesday's Wall Street Glance

AP - Dow Jones Industrials

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North American markets close lower on disappointing corporate news

Canadian Press - TORONTO (CP) - Some disappointing corporate earnings and forecasts triggered profit taking on North American stock markets Tuesday as investors hope that historic forces will prevail and they can look forward to a year-end rally.

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Dow Ends Down 47, Nasdaq Finishes Down 6

AP - A negative sales forecast from home builder Toll Brothers Inc. Tuesday cast doubt on the health of the housing market and sent stocks falling after four sessions of gains.

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Stocks end lower, rattled by housing

Reuters - U.S. stocks ended lower on Tuesday as a disappointing profit forecast from luxury home builder Toll Brothers Inc. stoked concerns about a possible slowdown in housing, a crucial engine of the U.S. economy.

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Court Asked to Stop NYSE-Archipelago Vote

AP - A group of dissident seat owners on the New York Stock Exchange asked a state court Tuesday to postpone a seat owner and shareholder vote on the Big Board's proposed $6 billion acquisition of electronic rival Archipelago Holdings Inc.

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Stocks Decline on Auto, Housing Concerns

AP - Concerns over the housing and automotive sectors pressured stocks Tuesday as investors used the news as an excuse to take profits after four sessions of gains.

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