Online Stock Trading and Stock Market Resouces

Tuesday, July 19, 2005

Stock Markets Afternoon News 7/19/2005

Stocks gain, buoyed by Merrill, IBM

Reuters - U.S. stocks climbed on Tuesday after the world's largest computer company, International Business Machines Corp. , and the largest U.S. brokerage, Merrill Lynch & Co. Inc. reported earnings that beat Wall Street forecasts.

Stocks Surge on IBM, Merrill Earnings

AP - Wall Street regained its composure Tuesday, marching higher after companies including Merrill Lynch & Co. and International Business Machines Corp. beat earnings expectations.

Stock markets shake off blues as IBM improves optimism over Q2 earnings

Canadian Press - TORONTO (CP) - Investors reassured by earnings from IBM Corp. sent stock markets higher Tuesday afternoon.

U.S. stocks set for strong start

Reuters - U.S. stock futures pointed to a strong start for the market on Tuesday after blue-chip company International Business Machines Corp. reported earnings that topped Wall Street estimates and ahead of a slew of earnings from other heavyweights.

Dollar idles as traders look to Greenspan

Reuters - The dollar steadied on Tuesday after a modest dip as traders looked to testimony from Federal Reserve chief Alan Greenspan for clues about how long the central bank will keep raising interest rates.

Monday's Wall Street Glance

AP - Dow Jones Industrials

Good Economic News May Not Boost Stocks

AP - Companies are more productive and more people have jobs. Corporate earnings growth is strong. And while oil prices remain near historic highs, the economy is showing great resilience. Even inflation is a non-issue. But don't expect a huge surge in stocks.

Probe into exchange mergers - FT report

Reuters - U.S. authorities are widening their probe into the mergers proposed by the New York Stock Exchange and the Nasdaq Stock Market Inc. , the Financial Times newspaper reported on Monday.

Maidenform all fit for public offering

Reuters - Maidenform Brands Inc., the intimate apparel maker that helped usher in the modern-day bra, is slated for a $150 million initial public offering in the coming week.

Profit growth seen dependent on sales

Reuters - Revenue growth is showing a healthy pace at U.S. companies so far in the second quarter, but stock market strategists say they would like to see the numbers accelerate even more.

Stock Markets Morning News 7/19/2005

Stocks rise on IBM, Merrill earnings

Reuters - U.S. stocks rose on Tuesday, as better-than-expected earnings from No. 1 computer maker International Business Machines Corp. and leading U.S. brokerage Merrill Lynch & Co. Inc. drove investors' appetite for equities.

Stocks Higher on IBM, Merrill Earnings

AP - Stocks opened higher Tuesday after companies including Merrill Lynch & Co. and International Business Machines Corp. beat earnings expectations.

Stock markets off to higher start on higher earnings from IBM, others

Canadian Press - TORONTO (CP) - Stock markets were off to a strong start Tuesday morning as a string of positive earnings reports - especially from IBM Corp. - were well-received by traders.

U.S. stocks set for strong start

Dollar idles as traders look to Greenspan

Monday's Wall Street Glance

AP - Dow Jones Industrials

Good Economic News May Not Boost Stocks

Probe into exchange mergers - FT report

Reuters - U.S. authorities are widening their probe into the mergers proposed by the New York Stock Exchange and the Nasdaq Stock Market Inc. , the Financial Times newspaper reported on Monday.

Maidenform all fit for public offering

Reuters - Maidenform Brands Inc., the intimate apparel maker that helped usher in the modern-day bra, is slated for a $150 million initial public offering in the coming week.

Profit growth seen dependent on sales

Reuters - Revenue growth is showing a healthy pace at U.S. companies so far in the second quarter, but stock market strategists say they would like to see the numbers accelerate even more.

Monday, July 18, 2005

Stock Markets Afternoon News 7/18/2005

Stocks fall, Citigroup profit disappoints

Reuters - U.S. stocks fell on Monday after Citigroup Inc. , the world's largest financial services company, said its second-quarter earnings missed analysts' forecasts, but declines were limited by a retreat in crude oil prices.

Stocks Slide on Citigroup's Q2 Earnings

AP - Stocks fell moderately Monday after weaker-than-expected earnings from Citigroup Inc. raised questions about other companies' second-quarter results, but a drop in oil prices limited the market's decline.

North American markets slack on feeble Citigroup quarter, lower oil prices

Canadian Press - TORONTO (CP) - The Toronto stock market was flat Monday afternoon with declining energy and technology stocks balanced by advancing mining and financial shares.

Stock futures point lower after Citi miss

Reuters - U.S. stock futures pointed to a lower market open on Monday, with investors concerned about corporate profits after Dow component Citigroup Inc. reported second-quarter earnings that lagged Wall Street expectations.

Dollar holds gains after data

Reuters - The U.S. dollar remained strong in early trade on Monday, underpinned by upbeat economic data and expectations Federal Reserve Chairman Alan Greenspan will signal more U.S. rate rises, but volume was thin due to a Japanese holiday.

Good Economic News May Not Boost Stocks

Probe into exchange mergers - FT report

Reuters - U.S. authorities are widening their probe into the mergers proposed by the New York Stock Exchange and the Nasdaq Stock Market Inc. , the Financial Times newspaper reported on Monday.

Maidenform all fit for public offering

Reuters - Maidenform Brands Inc., the intimate apparel maker that helped usher in the modern-day bra, is slated for a $150 million initial public offering in the coming week.

Friday's Wall Street Glance

AP - Dow Jones Industrials

Profit growth seen dependent on sales

Reuters - Revenue growth is showing a healthy pace at U.S. companies so far in the second quarter, but stock market strategists say they would like to see the numbers accelerate even more.

Stock Markets Morning News 7/18/2005

Stocks slip, hurt by Citigroup and 3M

Reuters - U.S. stocks fell on Monday after disappointing earnings and sales results from blue-chip companies Citigroup Inc. and 3M Co. dampened investors' enthusiasm about the profit outlook.

Stocks Fall on Citigroup Earnings

AP - Investors sent stocks falling in early trading Monday after disappointing earnings from Citigroup Inc. raised questions about other companies' second-quarter results.

Market signals mostly negative on mixed earnings reports, higher oil prices

Canadian Press - TORONTO (CP) - After disappointing profit news from Citigroup, kicking off a flood of earnings reports this week, market indicators were mostly negative early Monday.

Stock futures point lower after Citi miss

Dollar holds gains after data

Good Economic News May Not Boost Stocks

Probe into exchange mergers - FT report

Reuters - U.S. authorities are widening their probe into the mergers proposed by the New York Stock Exchange and the Nasdaq Stock Market Inc. , the Financial Times newspaper reported on Monday.

Maidenform all fit for public offering

Reuters - Maidenform Brands Inc., the intimate apparel maker that helped usher in the modern-day bra, is slated for a $150 million initial public offering in the coming week.

Friday's Wall Street Glance

AP - Dow Jones Industrials

Profit growth seen dependent on sales

Reuters - Revenue growth is showing a healthy pace at U.S. companies so far in the second quarter, but stock market strategists say they would like to see the numbers accelerate even more.

Friday, July 15, 2005

Stock Markets Afternoon News 7/15/2005

Stocks turn positive late, data aids

Reuters - U.S. stocks turned higher on Friday afternoon, as investors shook off earnings warnings from companies such as General Electric Co. and focused on robust economic data.

Stocks Move Higher in Late Trading

AP - Stocks reversed course and edged higher in late trading Friday as investors welcomed strong economic data and looked past an earnings warning from General Electric Co.

Stock market indexes narrowly mixed; TSX 'a bit overextended'

Canadian Press - TORONTO (CP) - The Toronto stock market was little changed Friday afternoon as the energy sector started to mend after Thursday's selloff but declines in metals stocks held down the index. "In Canada the market has had a great run, it's a bit overextended," said John Johnston, chief strategist the Harbour Group at RBC Dominion Securities.

Dollar firm as traders look to Greenspan

Reuters - The dollar held firm on Friday, a day after a strong retail sales report added to a string of upbeat news on the U.S. economy and suggested the Federal Reserve would keep raising interest rates at a steady pace.

Thursday's Wall Street Glance

AP - Dow Jones Industrials

NYSE win for bond investors

FT.com - The New York Stock Exchange has welcomed a move to let members trade a broader range of debt securities on its electronic platform, saying it would be "a big win" for bond investors.Expanding its fixed-income business could boost NYSE growth as it prepares to merge with the Archipelago exchange and become a public company. The move "supports our commitment to diversify our marketplace as a multi-asset class venue for our customers", said Robert McSweeney, senior vice president of competitive position at the NYSE. ...

Profit growth seen dependent on sales

Reuters - Revenue growth is showing a healthy pace at U.S. companies so far in the second quarter, but stock market strategists say they would like to see the numbers accelerate even more.

S&P 500 at 4-yr high on strong earnings

Reuters - The Standard & Poor's 500 stock-index hit a four-year high on Thursday after Apple Computer Inc. said it quintupled its quarterly profit and the government reported increased retail sales last month with tame inflation.

Judge Orders NYSE to Turn Over Documents

AP - The New York Stock Exchange must turn over documents and analyses related to its pending acquisition of Archipelago Holdings Inc. to three seat holders who are suing to block the deal, a state judge ruled Wednesday.

Wall St seen flat as oil up

Reuters - U.S. shares look set to open little changed on Tuesday as oil prices creep back above $59 a barrel, but Alcatel's optimistic update could add to bullish views on the forthcoming earnings season.

Stock Markets Morning News 7/15/2005

Stocks open flat after PPI; GE falls

Reuters - U.S. stocks opened little changed on Friday after a report showing an unexpected drop in core producer prices was offset by a disappointing forecast from General Electric Co. , the conglomerate which is sometimes viewed as a proxy for the U.S. economy.

Stocks Fall As Investors Take Profits

AP - Wall Street gave back some of its gains Friday as strong economic data and solid, if uninspiring, earnings from General Electric Co. did not discourage investors from collecting profits.

Stocks mixed: TSX up on higher oil while NY flat despite upbeat GE report

Canadian Press - TORONTO (CP) - The Toronto stock market moved higher Friday as energy stocks improved after Thursday's selloff, but New York markets were flat despite positive economic data and General Electric Co. earnings that met expectations.

Dollar firm as traders look to Greenspan

Thursday's Wall Street Glance

AP - Dow Jones Industrials

NYSE win for bond investors

Profit growth seen dependent on sales

Reuters - Revenue growth is showing a healthy pace at U.S. companies so far in the second quarter, but stock market strategists say they would like to see the numbers accelerate even more.

S&P 500 at 4-yr high on strong earnings

Judge Orders NYSE to Turn Over Documents

Wall St seen flat as oil up

Thursday, July 14, 2005

Stock Markets Afternoon News 7/14/2005

Stocks rally, buoyed by earnings and data

Reuters - U.S. stocks rose on Thursday, with the Nasdaq and Standard & Poor's 500 Index extending their rally into a sixth day, as better-than-expected earnings reports and data showing tame consumer inflation heartened investors.

Stocks Move Higher on Drop in Oil Prices

AP - A trifecta of good news — positive economic data, strong earnings and a sharp drop in oil prices — sent stocks sharply higher Thursday and had the Standard & Poor's 500 index poised to set a new four-year high.

TSX down as oil drops, N.Y. markets rise on economic and corporate news

Canadian Press - TORONTO (CP) - The Toronto stock market was firmly in the red Thursday afternoon as a steep drop in the price of crude oil sent the TSX energy sector down almost three per cent.

Dollar higher in choppy trade after data

Reuters - The dollar drifted higher on Thursday in choppy trading as mixed U.S. data gave dealers little motivation to push the currency firmly in any one direction.

S&P 500 at 4-yr high on strong earnings

Wednesday's Wall Street Glance

AP - Dow Jones Industrials

Judge Orders NYSE to Turn Over Documents

Wall St seen flat as oil up

Wall Street Eager for Earnings Season

AP - All the talk about economic growth, inflation, oil prices and interest rates can send the markets scurrying in any direction. But when it comes to stocks, there's no better indicator of performance than earnings. Second-quarter earnings season begins in earnest this week.

Japan stocks gain after job data boosts

Reuters - Japan's Nikkei average rose 1.06 percent by midsession on Monday as healthy gains on Wall Street, inspired by modest U.S. job creation, encouraged investors to buy Toyota Motor Corp. and other blue chips.

Stock Markets Morning News 7/14/2005

Stocks rise, S&P 500 hits 4-year high

Reuters - U.S. stocks rose on Thursday, with the Standard & Poor's 500 stock-index hitting a four-year high, after government reports showed economic growth with no pickup in inflation last month and Apple Computer Inc. said it quintupled its quarterly profit.

Strong Economic Data Boosts Stocks

AP - Surprisingly benign inflation data and strong earnings from the tech sector boosted stocks Thursday, with the Standard & Poor's 500 index breaking through a four-year high. Solid retail sales also fueled buying.

Dollar down in choppy trade after US data

Reuters - The dollar was modestly lower on Thursday in choppy trading after initially posting gains, as a mixed batch of U.S. data gave dealers little motivation to push the currency firmly in any one direction.

Positive earnings news, readings on inflation, retail sales to boost markets

Canadian Press - TORONTO (CP) - Stock markets appeared set for a solidly higher opening Thursday on a combination of positive earnings reports and healthy readings on U.S. inflation and retail sales.

Wednesday's Wall Street Glance

AP - Dow Jones Industrials

Judge Orders NYSE to Turn Over Documents

Stocks seen little changed as oil up

Reuters - U.S. stock futures pointed to a flat market open on Tuesday as oil prices inched up above $59 a barrel, failing to ease concerns about the impact of higher energy costs on corporate profits and consumer spending, as the earnings season gets under way.

Wall St seen flat as oil up

Wall Street Eager for Earnings Season

Japan stocks gain after job data boosts

Wednesday, July 13, 2005

Stock Markets Afternoon News 7/13/2005

Blue chips edge up, S&P, Nasdaq flat

Reuters - U.S. blue chips edged higher on Wednesday, while the Nasdaq and the Standard & Poor's 500 were little changed as high oil prices offset several better-than-expected earnings reports.

Stocks Mixed As Investors Measure Data

AP - Stocks were mixed Wednesday as investors weighed solid second-quarter earnings against higher oil prices and a drop in petroleum reserves.

Stock markets mixed as traders weigh trade data, earnings, high oil prices

Canadian Press - TORONTO (CP) - The Toronto stock market drifted lower Wednesday afternoon as investors took in data showing the Canadian trade surplus deteriorated somewhat during May.

Judge Orders NYSE to Turn Over Documents

Dollar recovers ground before trade data

Reuters - The dollar recovered from Tuesday's four-week low against the euro on Wednesday as selling ahead of U.S. trade data ebbed but analysts said the U.S. currency remained vulnerable to any increased trade deficit.

Tuesday's Wall Street Glance

AP - Dow Jones Industrials

Stocks seen little changed as oil up

Wall St seen flat as oil up

Wall Street Eager for Earnings Season

Japan stocks gain after job data boosts

Stock Markets Morning News 7/13/2005

Stocks gain, helped by trade data

Reuters - U.S. stocks opened higher on Wednesday after a government report showed the U.S. trade deficit for May narrowed unexpectedly, while International Business Machines Corp. rose after a brokerage upgrade.

Stocks Move Higher on Trade Deficit Data

AP - Stocks moved modestly higher in early trading Wednesday as a strong trade report for May outweighed oil prices that remain near record highs.

Stocks higher, C$ loses ground on mixed Canada-U.S. trade data

Canadian Press - TORONTO (CP) - Stock markets were off to a higher start Wednesday as investors mulled data showing a deterioration of Canada's trade surplus in May while the U.S. trade deficit showed improvement.

Dollar recovers ground before trade data

Tuesday's Wall Street Glance

AP - Dow Jones Industrials

Former NYSE seat holder accuses Thain, exchange of fraud over seat sale

Canadian Press - NEW YORK (AP) - A former New York Stock Exchange seat holder has accused Big Board chief executive John Thain of lying outright to her husband about the exchange's prospects for going public - a statement she said cost her at least $1 million US.

Stocks seen little changed as oil up

Wall St seen flat as oil up

Wall Street Eager for Earnings Season

Japan stocks gain after job data boosts

Tuesday, July 12, 2005

Stock Markets Afternoon News 7/12/2005

Stocks up on solid earnings, merger news

Reuters - U.S. stocks climbed into positive territory on Tuesday, resuming the momentum of a three-day rally after better-than-expected earnings from soft-drink maker PepsiCo Inc. and biotechnology company Genentech Inc. .

Stocks Up, Dismissing Rising Oil Prices

AP - Bullish investors sent stocks modestly higher Tuesday as Wall Street welcomed the prospect of a strong earnings season and looked past a sharp jump in oil prices.

Dollar drops broadly, trade data in focus

Reuters - The dollar declined to three-week lows against the euro on Tuesday as investors cautiously eyed U.S. trade data for May due on Wednesday which could underscore the country's external financing woes.

C$ surges as higher rates appear likely; stocks mixed as oil jumps

Canadian Press - TORONTO (CP) - The Canadian dollar ran up sharply Tuesday on indications that interest rates will be heading higher soon while stock markets were mixed as higher oil prices trumped good earnings news.

Stocks seen little changed as oil up

Wall St seen flat as oil up

Monday's Wall Street Glance

AP - Dow Jones Industrials

Wall Street Eager for Earnings Season

Japan stocks gain after job data boosts

Europe shares hit by blasts, end off lows

Reuters - Deadly blasts across London rocked European financial markets on Thursday, wiping tens of billions of euros in value from equity markets and knocking British shares to their biggest one-day loss in a year.

Stock Markets Morning News 7/12/2005

Stocks slip as oil returns to $60

Reuters - U.S. stocks declined on Tuesday as oil prices climbed to $60 a barrel, taking the shine off better-than-expected earnings from soft-drink maker PepsiCo Inc. and biotechnology company Genentech Inc. .

Dollar weakens as trade data awaited

Reuters - The dollar fell to three-week lows against the euro on Tuesday in partly technically-driven trade, as investors cautiously eyed U.S. trade data due on Wednesday, which could underscore external financing woes.

Stocks Mixed in Directionless Trading

AP - Stocks were narrowly mixed Tuesday as investors looked past strong profits from PepsiCo Inc. and kept to the sidelines ahead of a raft of economic data and earnings reports in the coming days.

C$ rises as Bank of Canada leaves rates unchanged, signals rise on the way

Canadian Press - TORONTO (CP) - The Canadian dollar moved up sharply Tuesday after the Bank of Canada left its key interest rate unchanged at 2.5 per cent.

Stocks seen little changed as oil up

Wall St seen flat as oil up

Monday's Wall Street Glance

AP - Dow Jones Industrials

Wall Street Eager for Earnings Season

Japan stocks gain after job data boosts

Europe shares hit by blasts, end off lows

Monday, July 11, 2005

Stock Markets Afternoon News 7/11/2005

Stocks up as oil slips; earnings awaited

Reuters - U.S. stocks gained on Monday, led by technology shares, as investors grew more bullish about the upcoming earnings season, while a further dip in oil prices from last week's record high helped boost shares.

Stocks Rise on News of Corporate Deals

AP - Stocks extended their advance Monday on news of dropping oil prices and a bevy of corporate mergers.

Stocks rise on news of corporate deals and oil price declines

Canadian Press - TORONTO (CP) - North American stock markets moved higher Monday afternoon as oil prices fell for a third straight session while investors applauded merger and acquisition news and looked forward to second-quarter corporate earnings.

Dollar falls broadly, trade data in view

Reuters - The dollar fell across the board on Monday in partly technically-driven trade as markets looked cautiously ahead to U.S. May trade data later this week.

Stock futures aim slightly higher

Reuters - U.S. stock futures pointed toward a flat to slightly higher open on Monday, with investors heartened by a dip in the price of oil and anticipating robust earnings from U.S. companies.

Wall Street Eager for Earnings Season

Japan stocks gain after job data boosts

Friday's Wall Street Glance

AP - Dow Jones Industrials

Wall St seen inching up on Alcoa

Reuters - Wall Street geared for a firmer opening on Friday as pleasing earnings from blue chip Alcoa offsets oil prices back above $61 a barrel, but investors will stay cautious ahead of U.S. employment data.

Europe shares hit by blasts, end off lows

Stock Markets Morning News 7/11/2005

Stocks open higher as oil slides $1

Reuters - U.S. stocks opened higher on Monday, with a slide in oil prices and anticipation of a strong earnings week boosting investor interest in equities.

Stocks Move Higher As Oil Prices Decline

AP - Stocks extended their advance Monday as oil prices fell more than $1 a barrel after Hurricane Dennis missed key Gulf of Mexico refineries and averted a disruption in fuel supplies.

Dollar falls; trade data awaited

Reuters - The dollar fell from a recent 14-month high versus the euro and 19-month highs versus sterling on Monday after weak U.S. jobs data on Friday hurt the dollar's rally and investors waited for U.S. trade data later this week.

Stock market signals mostly positive ahead of profit reports; oil prices ease

Canadian Press - TORONTO (CP) - With the quarterly earnings reporting season gaining steam, global indicators were mostly positive for North American stock markets Monday as oil prices eased.

Stock futures aim slightly higher

Reuters - U.S. stock futures pointed toward a flat to slightly higher open on Monday, with investors heartened by a dip in the price of oil and anticipating robust earnings from U.S. companies.

Wall Street Eager for Earnings Season

Japan stocks gain after job data boosts

Friday's Wall Street Glance

AP - Dow Jones Industrials

Wall St seen inching up on Alcoa

Europe shares hit by blasts, end off lows

Friday, July 08, 2005

Stock Markets Afternoon News 7/8/2005

Stocks stage strong rally on Alcoa, jobs

Reuters - U.S. stocks climbed sharply on Friday, as better-than-expected earnings from blue-chip Alcoa Inc. and a report of moderate job growth assured investors the economy remained on solid footing.

Stocks Surge on Job Creation Report

AP - A mixed job creation report had enough good news to push stocks sharply higher Friday, with a sharp drop in crude oil futures adding to the rally. The Dow Jones industrials rose 138 points, while the Nasdaq touched its highest levels since January.

U.S. stocks stage strong rally on Alcoa

Wall St seen inching up on Alcoa

Thursday's Wall Street Glance

AP - Dow Jones Industrials

Sterling down after blasts

Reuters - Sterling struggled near 19-month lows against the dollar on Friday, a day after falling sharply following a series of deadly explosions in London.

Stock markets close higher despite series of deadly explosions in London

Canadian Press - TORONTO (CP) - Stock markets closed higher Thursday - a long way from pre-opening futures that pointed to a sharply lower session following a series of bombings in London's public transport system.

Europe shares hit by blasts, end off lows

Nasdaq and FTSE link up to launch indexes

Reuters - The Nasdaq Stock Market Inc. on Thursday launched four new indexes in collaboration with London-based stock index provider FTSE Group.

Salton gets NYSE delisting warning letter

Reuters - Salton Inc. , which makes the George Foreman grill, on Wednesday said it received a warning from the New York Stock Exchange that its shares may be delisted because of low market capitalization.

Stock Markets Morning News 7/8/2005

Stocks up, jobs data eases worries

Reuters - U.S. stocks advanced on Friday after June jobs data eased investor concerns about inflation, while Alcoa shares rose on record earnings.

Jobs Report Gives Stocks a Modest Lift

AP - A mixed job creation report carried enough good news to push stocks modestly higher Friday, even as crude oil futures climbed above $61 per barrel once again.

Wall St seen inching up on Alcoa

Thursday's Wall Street Glance

AP - Dow Jones Industrials

Sterling down after blasts

Reuters - Sterling struggled near 19-month lows against the dollar on Friday, a day after falling sharply following a series of deadly explosions in London.

Stock markets close higher despite series of deadly explosions in London

U.S. stocks rise despite London blasts

Reuters - U.S. stocks ended higher on Thursday, in a dramatic reversal of earlier losses triggered by a series of blasts in London that killed at least 37 people.

Europe shares hit by blasts, end off lows

Nasdaq and FTSE link up to launch indexes

Reuters - The Nasdaq Stock Market Inc. on Thursday launched four new indexes in collaboration with London-based stock index provider FTSE Group.

Salton gets NYSE delisting warning letter

Thursday, July 07, 2005

Stock Markets Afternoon News 7/7/2005

Stocks up, recover from London blasts

Reuters - U.S. stocks rose in late afternoon trading, recovering from early losses triggered by four blasts that killed at least 37 people in London on Thursday.

Stocks Edge Higher After London Explosions

AP - Stocks edged higher Thursday after the terrorist attacks that rocked London and killed at least 40 people and injured more than 700. The Dow Jones industrials and Nasdaq composite index were both up slightly for the session after losing nearly 1 percent in early trading.

Losses on stock markets minimal following London bombings

Canadian Press - TORONTO (CP) - Investors responded to Thursday's deadly bombings in London's public transport system by staying on the sidelines.

Europe shares hit by blasts, end off lows

Nasdaq and FTSE link up to launch indexes

Reuters - The Nasdaq Stock Market Inc. on Thursday launched four new indexes in collaboration with London-based stock index provider FTSE Group.

Wall St seen sharply lower

Reuters - Unexplained explosions in the London underground network, and oil prices at fresh record levels, were likely to hammer U.S. equity markets when they open on Thursday.

Dollar at 19-mth high vs pound

Reuters - The dollar hit a 19-month high against the pound on Thursday ahead of a Bank of England decision on interest rates and crept to an 11-month peak versus the yen as oil prices surged to another record high.

Wednesday's Wall Street Glance

AP - Dow Jones Industrials

Salton gets NYSE delisting warning letter

Stocks climb, Wal-Mart ups consumer view

Reuters - U.S. stocks climbed on Tuesday, with strong June sales from Wal-Mart Stores Inc. driving blue chips and analysts' increases in earnings estimates for Apple Computer Inc. helping Nasdaq.

Stock Markets Morning News 7/7/2005

U.S. stocks slide after London blasts

Reuters - U.S. stocks slid on Thursday after a series of fatal blasts ripped through London's transport network, stoking security concerns in financial markets.

Stocks Fall on News of London Explosions

AP - Stocks fell Thursday in surprisingly calm trading after a series of explosions rocked London, killing at least 40 people and injuring more than 300. The selloff was not as heavy as the losses on European markets, but bond prices rose in response to the explosions, which Prime Minister Tony Blair labeled a terrorist attack.

Stock markets, oil prices retreat following rush hour explosions in London

Canadian Press - TORONTO (CP) - Stock markets were off to a lower start Thursday morning as a series of explosions in the heart of London brought terrorism concerns into focus.

Nasdaq and FTSE link up to launch indexes

Reuters - The Nasdaq Stock Market Inc. on Thursday launched four new indexes in collaboration with London-based stock index provider FTSE Group.

FTSE, Europe shares tumble after blasts

Reuters - British shares tumbled over 3 percent and continental European shares reeled on Thursday after several explosions across London killed a number of people and spooked financial markets.

Wall St seen sharply lower

Reuters - Unexplained explosions in the London underground network, and oil prices at fresh record levels, were likely to hammer U.S. equity markets when they open on Thursday.

Dollar at 19-mth high vs pound

Wednesday's Wall Street Glance

AP - Dow Jones Industrials

Salton gets NYSE delisting warning letter

Stocks climb, Wal-Mart ups consumer view

Reuters - U.S. stocks climbed on Tuesday, with strong June sales from Wal-Mart Stores Inc. driving blue chips and analysts' increases in earnings estimates for Apple Computer Inc. helping Nasdaq.

Wednesday, July 06, 2005

Stock Markets Afternoon News 7/6/2005

Stocks fall after crude hits record high

Reuters - U.S. stocks fell on Wednesday as crude prices muscled to a record high, trading for the first time above $61 a barrel, as two tropical storms fanned widespread worries over supply.

Stocks Drop As Oil Tops $61 Per Barrel

AP - Stocks tumbled Wednesday as oil prices climbed past $61 per barrel on fears of refining shortages, causing investors to look past a report showing strong growth in the service sector of the economy.

Resource stocks take TSX higher; N.Y. slips as oil heads toward $61 US

Canadian Press - TORONTO (CP) - The Toronto stock market moved higher Wednesday as the materials sector, including base-metal stocks, provided most of the momentum.

Salton gets NYSE delisting warning letter

Tuesday's Wall Street Glance

AP - Dow Jones Industrials

Stocks climb, Wal-Mart ups consumer view

Reuters - U.S. stocks climbed on Tuesday, with strong June sales from Wal-Mart Stores Inc. driving blue chips and analysts' increases in earnings estimates for Apple Computer Inc. helping Nasdaq.

Wall St seen slipping, oil above $59/bbl

Reuters - Wall Street was expected to open lower on Tuesday -- after being shut on Monday for Independence Day -- as U.S. oil prices climbed past $59 a barrel, stoking fears of a squeeze on corporate profits and consumer sentiment.

Markets May Get Some Clarity This Week

AP - With crude prices still near historic highs and the Federal Reserve holding steady on interest rates, investors have been looking forward to the start of earnings season to see whether corporate America can still deliver strong profits.

European shares end at fresh 3-year peaks

Reuters - European shares ended Monday at levels last seen more than three years ago as firm oil prices powered heavily weighted energy stocks, while exporters such as carmakers gained as the euro dipped against the dollar.

Dollar rallies to 13-month highs vs euro

Reuters - The dollar hit fresh 13-month highs against the euro and 14-month highs versus the pound on Monday after strong U.S. factory data last week cemented expectations for the Federal Reserve to keep raising interest rates.

Stock Markets Morning News 7/6/2005

Stocks open lower; oil rises above $60

Reuters - U.S. stocks opened slightly lower on Wednesday as oil prices rose above $60 a barrel and investors awaited June data for clues on the health of the services sector, which accounts for a big chunk of the nation's economy.

Stocks Mixed As Oil Continues to Rise

AP - Stocks were narrowly mixed Wednesday as crude oil futures once again topped $60 per barrel and investors weighed strong growth in the service sector of the economy.

Stocks open mixed: Energy stocks take TSX up as oil approaches record level

Canadian Press - TORONTO (CP) - The Toronto stock market moved up Wednesday as crude prices moved beyond $60 US a barrel.

Tuesday's Wall Street Glance

AP - Dow Jones Industrials

Stocks climb, Wal-Mart ups consumer view

Reuters - U.S. stocks climbed on Tuesday, with strong June sales from Wal-Mart Stores Inc. driving blue chips and analysts' increases in earnings estimates for Apple Computer Inc. helping Nasdaq.

Wall St seen slipping, oil above $59/bbl

Markets May Get Some Clarity This Week

European shares end at fresh 3-year peaks

Dollar rallies to 13-month highs vs euro

Dollar slips to lows on May durable goods

Reuters - The dollar initially slipped to session lows against the euro on Friday, after a report showed demand for U.S. big ticket items slipped in some categories in May.

Tuesday, July 05, 2005

Stock Markets Afternoon News 7/5/2005

Stocks climb, Wal-Mart ups consumer view

Reuters - U.S. stocks climbed on Tuesday, with strong June sales from Wal-Mart Stores Inc. driving blue chips and analysts' increases in earnings estimates for Apple Computer Inc. helping Nasdaq.

Stock markets advance on oil prices, economic optimism, Wal-Mart outlook

Canadian Press - TORONTO (CP) - Stock markets were solidly higher Tuesday as higher oil prices boosted energy stocks while the broader market was encouraged by a better-than-expected report on U.S. industrial activity.

Stocks Advance on Upbeat Factory Orders

AP - Investors overcame their worries about rising oil prices Tuesday and sent stocks higher after the Commerce Department issued an upbeat factory orders report.

Wall St seen slipping, oil above $59/bbl

Markets May Get Some Clarity This Week

European shares end at fresh 3-year peaks

Dollar rallies to 13-month highs vs euro

Friday's Wall Street Glance

AP - Dow Jones Industrials

Dollar slips to lows on May durable goods

Reuters - The dollar initially slipped to session lows against the euro on Friday, after a report showed demand for U.S. big ticket items slipped in some categories in May.

Two More Seat Holders Sue NYSE Over Merger

AP - Two more New York Stock Exchange seat holders filed suit against the Big Board Thursday, seeking the release of documents and records of the exchange's merger agreement with all-electronic rival Archipelago Holdings Inc.

Stock Markets Morning News 7/5/2005

Stocks open lower as crude prices weigh

Reuters - U.S. stocks opened lower on Tuesday as crude oil prices climbed past $59 a barrel, spurring worries that rising fuel costs would hit corporate profits and consumer spending.

Markets mixed as TSX jumps on higher oil, N.Y. lower following July 4 holiday

Canadian Press - TORONTO (CP) - The Toronto stock market advanced Tuesday morning as the price of crude oil crept back toward the $60 US a barrel mark, sending energy shares higher.

Stocks Drop on Earnings Anticipation

AP - Stocks edged lower Monday as investors, already disappointed at the promise of more interest rate increases and nervous about the coming earnings season, watched the dollar strengthen and oil prices rise.

Wall St seen slipping, oil above $59/bbl

Markets May Get Some Clarity This Week

European shares end at fresh 3-year peaks

Dollar rallies to 13-month highs vs euro

Friday's Wall Street Glance

AP - Dow Jones Industrials

U.S. blue chips buoyed by GM and Exxon

Reuters - U.S. blue-chip stocks advanced on Friday, as a surge of over $2 in oil prices boosted Exxon Mobil Corp., while General Motors Corp. rose after the automaker said June U.S. sales jumped.

Dollar slips to lows on May durable goods

Reuters - The dollar initially slipped to session lows against the euro on Friday, after a report showed demand for U.S. big ticket items slipped in some categories in May.

Monday, July 04, 2005

Stock Markets Afternoon News 7/4/2005

Dow ends higher on GM sales, U.S. data

Reuters - U.S. blue-chip stocks advanced on Friday, helped by evidence of stronger consumer confidence and manufacturing last month, while General Motors Corp. shares climbed after it reported a jump in sales.

Asian, European Markets See Gains

AP - Stock markets were up slightly Monday across Europe and Asia, with a resurgent dollar propelling exports and automaker issues while rumors of mergers and sales boosted some telecoms and broadcasters.

Markets May Get Some Clarity This Week

European shares end at fresh 3-year peaks

Dollar rallies to 13-month highs vs euro

Dow Closes Higher, Nasdaq Ends Unchanged

AP - Wall Street finished a lackluster session with modest gains Friday as stronger-than-expected economic data helped investors rebound slightly from their disappointment with the Federal Reserve's latest policy statement. The major indexes finished the week narrowly higher.

Friday's Wall Street Glance

AP - Dow Jones Industrials

U.S. blue chips buoyed by GM and Exxon

Reuters - U.S. blue-chip stocks advanced on Friday, as a surge of over $2 in oil prices boosted Exxon Mobil Corp., while General Motors Corp. rose after the automaker said June U.S. sales jumped.

Dollar slips to lows on May durable goods

Reuters - The dollar initially slipped to session lows against the euro on Friday, after a report showed demand for U.S. big ticket items slipped in some categories in May.

Two More Seat Holders Sue NYSE Over Merger

Stock Markets Morning News 7/4/2005

Dow ends higher on GM sales, U.S. data

Markets May Get Some Clarity This Week

Overseas markets mostly higher, gain strength from Fed's latest rate hike

Canadian Press - TORONTO (CP) - With Americans celebrating the Fourth of July holiday and few corporate events scheduled, Canadian markets are expected to open on a quiet note Monday ahead of the Bank of Canada's latest business outlook survey.

Dollar rallies to 13-month highs vs euro

Dow Closes Higher, Nasdaq Ends Unchanged

Friday's Wall Street Glance

AP - Dow Jones Industrials

U.S. blue chips buoyed by GM and Exxon

Reuters - U.S. blue-chip stocks advanced on Friday, as a surge of over $2 in oil prices boosted Exxon Mobil Corp., while General Motors Corp. rose after the automaker said June U.S. sales jumped.

Dollar slips to lows on May durable goods

Reuters - The dollar initially slipped to session lows against the euro on Friday, after a report showed demand for U.S. big ticket items slipped in some categories in May.

Two More Seat Holders Sue NYSE Over Merger

Stocks seen touch higher on techs

Reuters - Technology stocks could drive U.S. stocks higher early on Wednesday but a fresh earnings warning from Ford and another expected drop in U.S. oil inventories should keep market gains limited.

Friday, July 01, 2005

Stock Markets Afternoon News 7/1/2005

U.S. blue chips buoyed by GM and Exxon

Reuters - U.S. blue-chip stocks advanced on Friday, as a surge of over $2 in oil prices boosted Exxon Mobil Corp. , while General Motors Corp. rose after the automaker reported a jump in June sales.

Stocks Advance in Late Afternoon Trading

AP - Wall Street moved modestly higher in a lackluster pre-holiday session Friday as stronger-than-expected economic data helped stocks rebound slightly from disappointment over the Federal Reserve's latest policy statement.

Dollar at 1-year high vs euro after ISM

Reuters - The dollar rose to its highest in a year against the euro after a report on U.S. manufacturing activity reinforced expectations for further interest rate rises, a day after the Federal Reserve raised rates for the ninth straight time.

Thursday's Wall Street Glance

AP - Dow Jones Industrials

Stock markets fall after Fed raises rates again, shows no sign of stopping

Canadian Press - TORONTO (CP) - Stock markets tumbled Thursday ahead of the Canada Day and Independence Day holidays after the U.S. Federal Reserve raised interest rates again and gave no indication that rate hikes are at an end.

Traders Prepare for Fed Comments on Rates

AP - Thursday's trading on Wall Street ought to come with a warning — not for the faint of heart.

Dollar slips to lows on May durable goods

Reuters - The dollar initially slipped to session lows against the euro on Friday, after a report showed demand for U.S. big ticket items slipped in some categories in May.

Two More Seat Holders Sue NYSE Over Merger

Stocks seen touch higher on techs

U.S. shares trim gains as oil spurts

Reuters - U.S. stocks were little changed on Monday, trimming earlier gains as oil spurted above $55 a barrel, raising concerns about corporate earnings and reduced consumer spending.

Stock Markets Morning News 7/1/2005

Stocks up ahead of confidence report

Reuters - U.S. stocks opened higher on Friday as investors expected a strong consumer confidence report.

Stocks Climb on Strong Economic Data

AP - Stocks moved higher in early trading Friday as investors welcomed stronger-than expected economic data and rebounded from their disappointment over the Federal Reserve's latest policy statement.

Stocks open up ahead of confidence report

Reuters - U.S. stocks opened higher on Friday as investors expected a strong consumer confidence report.

Thursday's Wall Street Glance

AP - Dow Jones Industrials

Stock markets fall after Fed raises rates again, shows no sign of stopping

Dollar hits 9-mth high before rate move

Reuters - The dollar cleared a 9-month high against the yen and an 8-month peak against sterling on Thursday before an expected U.S. interest rate rise that could further boost the dollar's appeal to investors.

Traders Prepare for Fed Comments on Rates

AP - Thursday's trading on Wall Street ought to come with a warning — not for the faint of heart.

Dollar slips to lows on May durable goods

Reuters - The dollar initially slipped to session lows against the euro on Friday, after a report showed demand for U.S. big ticket items slipped in some categories in May.