Online Stock Trading and Stock Market Resouces

Monday, August 08, 2005

Stock Markets Afternoon News 8/8/2005

US stocks slip on record oil prices

Reuters - U.S. stocks slipped on Monday as oil rose to a record high, raising concerns about corporate profits and consumer spending, while worries of higher interest rates hurt shares of banks and home builders.

Stocks Fall on Record High Oil Prices

AP - Stocks headed lower Monday as the price of oil hit record highs after the U.S. embassy in Saudi Arabia said it would be closed for two days due to security threats.

Any lift to stocks from Fed short-lived

Reuters - A better-than-expected jobs report last week squashed hope the Federal Reserve will pause in its campaign to raise interest rates and took away a major catalyst for U.S. stocks in a historically weak month.

Stocks mixed: North American indexes lose momentum as oil hits $64 US

Canadian Press - TORONTO (CP) - The Toronto stock market was higher Monday afternoon on good earnings news and higher energy stocks. However, record high oil prices depressed New York markets and took the TSX off its earlier triple-digit gains.

European shares rise as techs rally

Reuters - European stocks gained on Monday, led by a rise in Nokia on a media report that Cisco Systems is considering buying the world's top mobile handset maker, while oil prices near record highs lifted Total.

Nikkei up after postal bills rejected

Reuters - Tokyo's Nikkei share average reversed losses to end higher on Monday as the market took in stride the defeat of a key government bill to privatize the giant postal system, and likely general election.

Fed Rate Policy to Dictate Week's Trading

AP - Wall Street knows the Federal Reserve is all but certain to raise interest rates at Tuesday's meeting. The bigger question, and one that may not get an answer this week, is when will the Fed stop?

Friday's Wall Street Glance

AP - Dow Jones Industrials

Stocks slip, jobs data prompts rate fears

Reuters - U.S. stocks fell broadly on Friday after a better-than-expected jobs report stirred worry about rising interest rates, hurting shares of companies sensitive to borrowing costs like homebuilders and banks.

Alliance One of Many Under NYSE Probe

AP - Alliance Capital Management is one of approximately 20 companies under investigation by the New York Stock Exchange for failing to properly identify short-sale stock transactions, Alliance said Friday in a regulatory filing.

Stock Markets Morning News 8/8/2005

U.S. stocks rise, gains in energy

Reuters - U.S. stocks rose briskly on Monday, led by energy companies, as crude prices were pushed to a record high on concerns over oil supply.

Stocks Rise on E-Trade, Quest Acquisitions

AP - Stocks rose Monday on acquisitions, real and rumored, after E-Trade and Quest Diagnostics said they would buy rivals in deals worth more than $1.6 billion combined and a British newspaper reported that Cisco Systems could bid for cellphone maker Nokia.

Takeover activity and earnings boost stock markets as oil hits record high

Canadian Press - TORONTO (CP) - Stock markets started the week on a positive note despite record-high oil prices as investors looked at major merger-acquisition activity and pored over fresh earnings news.

European shares rise as techs rally

Nikkei up after postal bills rejected

Fed Rate Policy to Dictate Week's Trading

Friday's Wall Street Glance

AP - Dow Jones Industrials

Stocks slip, jobs data prompts rate fears

Alliance One of Many Under NYSE Probe

A Status Report on Wall Street Indexes

AP - Investors cast off their July euphoria for the second straight day Thursday, shaving stock prices on lukewarm retail sales that set a dour tone for the day. Rising oil prices didn't help the market, which ignored the day's biggest bright spot, a positive unemployment claims report from the Labor Department.

Friday, August 05, 2005

Stock Markets Afternoon News 8/5/2005

Stocks hurt, jobs data stokes rate fears

Reuters - U.S. stocks fell on Friday after a better-than-expected jobs report stoked concerns about rising interest rates and hurt homebuilders' shares, while crude oil prices moved up, raising worries about higher energy costs.

Stock markets in negative territory; Cdn unemployment rate edges up

Canadian Press - TORONTO (CP) - Toronto's main stock index floundered Friday afternoon after Canada's higher unemployment rate disappointed investors, resulting in across-the-board losses.

Stocks Fall on Data Showing More Jobs

AP - Stocks and bonds slid Friday after the Labor Department reported surprisingly strong gains in jobs and wages. Investors feared that a more robust labor market and higher wages could spark inflation and lead to more interest rate hikes.

Alliance One of Many Under NYSE Probe

Strong earnings cap European shares fall

Reuters - European shares slipped on Friday after a sharp fall on Wall Street and as traders awaited U.S. jobs data although Barclays climbed on strong first-half figures.

Nikkei falls on worries about Japan postal bills

Reuters - Tokyo's Nikkei average sank 0.98 percent on Friday as growing concerns over a vote on bills to privatize Japan's postal system encouraged investors to cash in Toyota Motor Corp. and other recent gainers.

Thursday's Wall Street Glance

AP - Dow Jones Industrials

A Status Report on Wall Street Indexes

Two NYSE Board Members Resign

AP - Herbert M. Allison Jr. and Dennis Weatherstone have resigned from the New York Stock Exchange's board of directors, the NYSE said Thursday.

Jobs data must be ideal for stocks rally

Reuters - For stock investors this month, a fairy tale U.S. employment report would be one that's not too big, not too small, but just right.

Stock Markets Morning News 8/5/2005

Stocks down on jobs report; Delphi falls

Reuters - U.S. stocks slid on Friday after a government report showed job creation was higher than expected last month, cementing expectations that the Federal Reserve will keep raising interest rates.

Stocks and Bonds Fall on Economic Data

AP - Stocks and bonds fell Friday after the Labor Department reported surprisingly strong gains in jobs and wages. Investors feared that a more robust labor market and higher wages could spark inflation and lead to more interest rate hikes.

Stock market signals show weakness, Cdn unemployment rate edges up

Canadian Press - TORONTO (CP) - Global indicators signalled some weakness for North American stock markets Friday while crude oil prices rose and Canadian unemployment edged higher.

Strong earnings cap European shares fall

Reuters - European shares slipped on Friday after a sharp fall on Wall Street and as traders awaited U.S. jobs data although Barclays climbed on strong first-half figures.

Nikkei falls on worries about Japan postal bills

Thursday's Wall Street Glance

AP - Dow Jones Industrials

A Status Report on Wall Street Indexes

Two NYSE Board Members Resign

AP - Herbert M. Allison Jr. and Dennis Weatherstone have resigned from the New York Stock Exchange's board of directors, the NYSE said Thursday.

Jobs data must be ideal for stocks rally

Reuters - For stock investors this month, a fairy tale U.S. employment report would be one that's not too big, not too small, but just right.

NYSE Seat Sold for Record $3 Million

AP - As the New York Stock Exchange pursues its acquisition of electronic rival Archipelago Holdings Inc., a seat on the Big Board sold Wednesday for a record $3 million.

Thursday, August 04, 2005

Stock Markets Afternoon News 8/4/2005

Stocks knocked lower by oil, retail data

Reuters - U.S. stocks fell on Thursday as higher oil prices renewed worries about rising energy costs and largely disappointing July sales numbers for major U.S. retailers raised concerns about lackluster consumer spending.

Retail Sales Reports Push Stocks Lower

AP - Economic worries plagued Wall Street Thursday, sending stocks substantially lower as investors grew concerned about the impact of oil prices on consumer spending.

Two NYSE Board Members Resign

AP - Herbert M. Allison Jr. and Dennis Weatherstone have resigned from the New York Stock Exchange's board of directors, the NYSE said Thursday.

Jobs data must be ideal for stocks rally

Reuters - For stock investors this month, a fairy tale U.S. employment report would be one that's not too big, not too small, but just right.

North American stock markets mostly negative as crude oil prices rise

Canadian Press - TORONTO (CP) - Canada's benchmark stock index stayed negative late Thursday morning as losses in financial and metals industry shares offset modest energy-sector gains.

Nikkei falls below 11,900 as Toyota sags

Reuters - The Nikkei share average slid under the 11,900 mark on Thursday after investors -- nervous about political wrangling over Japan's postal reform bills -- sold off Toyota Motor Corp. on weaker earnings and cashed in recent winners across the board.

Wednesday's Wall Street Glance

AP - Dow Jones Industrials

NYSE Seat Sold for Record $3 Million

AP - As the New York Stock Exchange pursues its acquisition of electronic rival Archipelago Holdings Inc., a seat on the Big Board sold Wednesday for a record $3 million.

European shares dip in results flood

Reuters - European shares opened lower on Wednesday as investors absorbed a deluge of results from top companies, while sporting goods firm Adidas fell after agreeing to buy U.S. rival Reebok for 3.1 billion euros.

Stocks up on consumer data

Reuters - U.S. stocks rose on Tuesday, after a government report showed strong consumer spending in June, while a favorable industry outlook from chipmaker Maxim Integrated Products Inc. led the tech-laced Nasdaq to a fresh 4-year high.

Stock Markets Morning News 8/4/2005

Stocks slide as retail sales disappoint

Reuters - U.S. stocks were lower on Thursday, with retail shares broadly down after a wave of July sales reports that largely lagged Wall Street expectations.

Retail Sales Reports Push Stocks Lower

AP - Economic worries plagued Wall Street Thursday, sending stocks lower as investors grew concerned about the impact of oil prices on consumer spending.

Stock market indicators turn mostly negative after recent gains

Canadian Press - TORONTO (CP) - Global indicators were mostly negative for North American stock markets early Thursday as crude oil prices edged up.

Nikkei falls below 11,900 as Toyota sags

Wednesday's Wall Street Glance

AP - Dow Jones Industrials

NYSE Seat Sold for Record $3 Million

AP - As the New York Stock Exchange pursues its acquisition of electronic rival Archipelago Holdings Inc., a seat on the Big Board sold Wednesday for a record $3 million.

European shares dip in results flood

Stocks up on consumer data

Dollar hits 1-1/2 week low vs yen

Reuters - The dollar hit a 1-1/2 week low against the yen on Tuesday as investors awaited more convincing evidence to boost U.S. interest rate hike expectations after the greenback failed to rally on strong U.S. data.

Wall Street Hopes New Data Will Fuel Rally

AP - Wall Street's predictions of a summer rally were borne out in July, with stocks enjoying surprising gains thanks to good economic data and a solid earnings performance from corporate America. But as Friday's losses illustrated, investors may be wondering whether stocks are due for a downturn.

Wednesday, August 03, 2005

Stock Markets Afternoon News 8/3/2005

Stocks slightly off as Exxon, Oracle slip

Reuters - U.S. stocks dipped on Wednesday as Exxon Mobil Corp. fell after crude oil prices slipped from record levels and software maker Oracle Corp. declined.

Stocks slide as crude oil prices fall, U.S. economic data disappoint

Canadian Press - TORONTO (CP) - Stock markets lost traction Wednesday afternoon, dipping back into the red after briefly rebounding as crude oil prices eased.

Stocks Dip on Oil Woes, Time Warner Earns

AP - Wall Street retreated Wednesday as concerns over high oil prices and disappointing earnings from Time Warner Inc. prompted investors to collect profits from the previous session's record-setting gains.

European shares dip in results flood

Japan's Nikkei firm after hitting 12,000

Reuters - Tokyo's Nikkei average remained firm near the key 12,000 mark on Wednesday after breaking above that level for the first time since April last year, as investors bought strong earners such as Astellas Pharma Inc.

Tuesday's Wall Street Glance

AP - Dow Jones Industrials

Stocks up on consumer data

Dollar hits 1-1/2 week low vs yen

Wall Street Hopes New Data Will Fuel Rally

NYSE Criticized Over Governance Policies

AP - When the New York Stock Exchange unveiled its landmark acquisition of Archipelago Holdings Inc., Big Board Chief Executive John Thain pledged that the merged company would be a "model for best practices in corporate governance."

Stock Markets Morning News 8/3/2005

Stocks dip, hurt by record-high oil price

Reuters - U.S. stocks were lower in early trading on Wednesday, weighed down by a run-up in oil prices to a new record high of $62.47 and lower-than-expected earnings from companies including Time Warner Inc. .

Stocks Drop As Oil Sets Another Record

AP - Wall Street retreated Wednesday as a spike in oil prices and disappointing earnings from Time Warner Inc. prompted investors to collect profits from the previous session's record-setting gains.

North American indexes languish as crude oil sells above US$62 a barrel

Canadian Press - TORONTO (CP) - North American stock markets tumbled in early trading Wednesday as crude oil moved above $62 US a barrel and set a new intraday high.

European shares dip in results flood

Japan's Nikkei firm after hitting 12,000

Tuesday's Wall Street Glance

AP - Dow Jones Industrials

Stocks up on consumer data

Dollar hits 1-1/2 week low vs yen

Wall Street Hopes New Data Will Fuel Rally

NYSE Criticized Over Governance Policies

Tuesday, August 02, 2005

Stock Markets Afternoon News 8/2/2005

Stocks rise on data, chip shares get lift

Reuters - U.S. stocks rose on Tuesday, after a government report showed strong June consumer spending and eased inflation concerns, while semiconductor makers' shares got a boost from an encouraging industry outlook from Maxim Integrated Products Inc. .

TSX shoots up 200 points as Canadian dollar spikes; U.S. indexes robust

Canadian Press - TORONTO (CP) - Canada's benchmark index surged by more than 200 points Tuesday as Bay Street investors cheered a $6.9-billion deal in the Canadian oilpatch while the Canadian dollar soared.

Nasdaq Composite Nears a Four-Year High

AP - Stocks advanced Tuesday, with the Nasdaq composite index near a four-year high as Wall Street welcomed data showing increased consumer spending and income for June and a continuation of double-digit corporate earnings growth.

Dollar hits 1-1/2 week low vs yen

Monday's Wall Street Glance

AP - Dow Jones Industrials

European shares edge up, ABN dips

Reuters - European shares ticked higher on Monday as crude prices near $61 a barrel supported heavyweight oil stocks, while a weak finish on Wall Street on Friday and a dip in mining shares capped gains.

Nikkei hits 4-1/2-month closing high

Reuters - The Nikkei average climbed for a fourth session on Monday to hit its highest close in four and a half months as rising oil prices lifted energy stocks and earnings prospects boosted firms like Komatsu Ltd. and NTT DoCoMo Inc.

Wall Street Hopes New Data Will Fuel Rally

NYSE Criticized Over Governance Policies

A Status Report on Wall Street

AP - Investors sent stocks higher Wednesday after the Federal Reserve's assessment of the economy raised hopes that the Fed's interest rate hikes would soon end.

Stock Markets Morning News 8/2/2005

Stocks rise on solid earnings, spending

Reuters - U.S. stocks opened higher on Tuesday, helped by solid earnings reports from several U.S. companies and government data showing that consumer spending was up strongly in July.

TSX pops at open as Canadian dollar spikes; U.S. indexes manage modest gains

Canadian Press - TORONTO (CP) - North American stock markets were robust Tuesday morning as crude oil prices eased and the Canadian dollar soared more than on U.S. cent after a holiday weekend.

Stocks Higher on Falling Oil Prices

AP - Stocks moved higher Tuesday as Wall Street welcomed a drop in oil prices and data showing increased consumer spending and income in June.

Dollar hits 1-1/2 week low vs yen

Monday's Wall Street Glance

AP - Dow Jones Industrials

European shares edge up, ABN dips

Nikkei hits 4-1/2-month closing high

Wall Street Hopes New Data Will Fuel Rally

NYSE Criticized Over Governance Policies

A Status Report on Wall Street

AP - Investors sent stocks higher Wednesday after the Federal Reserve's assessment of the economy raised hopes that the Fed's interest rate hikes would soon end.

Monday, August 01, 2005

Stock Markets Afternoon News 8/1/2005

Techs rise helped by eBay upgrade

Reuters - U.S. technology stocks climbed higher on Monday led by shares of Web marketplace eBay Inc. , which rose following a brokerage upgrade.

Stocks Mixed Despite Strong Wal-Mart Sales

AP - Concerns about higher interest rates kept stocks mixed in uninspired trading Monday despite strong sales at Wal-Mart Stores Inc. and a better-than-expected reading of the nation's industrial activity. A new record for crude oil futures limited the market's gains.

European shares edge up, ABN dips

Dollar slips, U.S. factory data eyed

Reuters - The dollar slipped against major currencies on Monday as the market looked to see if a report on U.S. manufacturing later in the day would reinvigorate the currency's flagging rally.

Nikkei hits 4-1/2-month closing high

Wall Street Hopes New Data Will Fuel Rally

Earnings reports weigh on stock market investors this week

Canadian Press - TORONTO (CP) - North American stock markets will be swayed by another spate of earnings reports this week, along with pivotal employment data from both sides of the border.

Friday's Wall Street Glance

AP - Dow Jones Industrials

NYSE Criticized Over Governance Policies

A Status Report on Wall Street

AP - Investors sent stocks higher Wednesday after the Federal Reserve's assessment of the economy raised hopes that the Fed's interest rate hikes would soon end.

Stock Markets Morning News 8/1/2005

Stocks open up ahead of factory report

Reuters - U.S. stocks opened higher on Monday following better-than-expected earnings from Procter & Gamble Co. and ahead of a report expected to show a pickup in factory activity.

Stocks Rise on Strong Wal-Mart Sales

AP - Strong sales at Wal-Mart Stores Inc. and a better-than-expected reading of the nation's industrial activity sent stocks higher Monday as investors grew more confident about the economy.

European shares edge up, ABN dips

Dollar slips, U.S. factory data eyed

Reuters - The dollar slipped against major currencies on Monday as the market looked to see if a report on U.S. manufacturing later in the day would reinvigorate the currency's flagging rally.

Nikkei hits 4-1/2-month closing high

Wall Street Hopes New Data Will Fuel Rally

Earnings reports weigh on stock market investors this week

Canadian Press - TORONTO (CP) - North American stock markets will be swayed by another spate of earnings reports this week, along with pivotal employment data from both sides of the border.

Friday's Wall Street Glance

AP - Dow Jones Industrials

NYSE Criticized Over Governance Policies

A Status Report on Wall Street

AP - Investors sent stocks higher Wednesday after the Federal Reserve's assessment of the economy raised hopes that the Fed's interest rate hikes would soon end.

Friday, July 29, 2005

Stock Markets Afternoon News 7/29/2005

Stocks dip on in-line GDP, $61-plus oil

Reuters - U.S. stocks fell on Friday after government data showed the economy grew no faster than expectations and crude oil rose above $61 a barrel, stirring fears of high energy costs.

Stock indexes 'stepping sideways a little bit' as oil and C$ rise

Canadian Press - TORONTO (CP) - Canada's benchmark stock index deepened its losses Friday afternoon, even as oil prices shot past $60 US per barrel and the Canadian dollar climbed on positive economic news.

Dow, Nasdaq Decline Despite GDP Growth

AP - Investors took profits and sent stocks lower Friday despite respectable growth in the nation's gross domestic product and a bullish consumer confidence report. The major indexes, however, were poised for their fifth straight positive week.

Nikkei hits 4-month closing high

Reuters - Japan's Nikkei average rose 0.35 percent to a four-month closing high on Friday as firm industrial output data fueled investor enthusiasm for strong earners such as Matsushita Electric Industrial Co.

Dollar steady before growth data

Reuters - The dollar held steady in a narrow band on Friday ahead of U.S. economic growth data that could strengthen the Federal Reserve's resolve to keep raising interest rates, which would buoy the U.S. currency.

Thursday's Wall Street Glance

AP - Dow Jones Industrials

European stocks higher on solid earnings

Reuters - European shares hit new 3-year highs on Thursday after a slew of strong corporate earnings including Telefonica and France Telecom.

NYSE Criticized Over Governance Policies

A Status Report on Wall Street

AP - Investors sent stocks higher Wednesday after the Federal Reserve's assessment of the economy raised hopes that the Fed's interest rate hikes would soon end.

Stocks gain on Fed's report, earnings

Reuters - U.S. stocks rose on Wednesday, lifted by a report from the Federal Reserve showing business activity growing in almost all regions of the country and better-than-expected earnings from Boeing Co. and Amazon.com Inc.

Stock Markets Morning News 7/29/2005

Stocks flat after GDP is as expected

Reuters - U.S. stocks were little changed on Friday after a government report showed the economy grew as expected in the second quarter, while profits that topped estimates from companies like Whole Foods Market Inc. lent support.

Stocks Rise on Consumer Confidence Report

AP - A bullish consumer confidence report helped stocks edge higher Friday despite lower-than-expected growth in the nation's gross domestic product. Profit-taking following the market's big July gains limited the advance.

Global indicators strong before long weekend for Toronto stock market

Canadian Press - TORONTO (CP) - Just before a three-day weekend for Canada's main stock market, global indicators were overhelmingly positive for North American indexes early Friday.

Nikkei hits 4-month closing high

Dollar steady before growth data

Thursday's Wall Street Glance

AP - Dow Jones Industrials

European stocks higher on solid earnings

Reuters - European shares hit new 3-year highs on Thursday after a slew of strong corporate earnings including Telefonica and France Telecom.

NYSE Criticized Over Governance Policies

A Status Report on Wall Street

AP - Investors sent stocks higher Wednesday after the Federal Reserve's assessment of the economy raised hopes that the Fed's interest rate hikes would soon end.

Stocks gain on Fed's report, earnings

Thursday, July 28, 2005

Stock Markets Afternoon News 7/28/2005

Stocks rise as earnings beat expectations

Reuters - Stocks advanced on Thursday after earnings from drug maker Bristol-Myers Squibb Co. , oil company Exxon Mobil Corp. and coffee chain Starbucks Corp. beat Wall Street expectations, boosting investor enthusiasm for equities.

Positive Earnings Reports Boost Stocks

AP - Wall Street extended its advance Thursday on a raft of strong earnings reports and despite a sharp rise in oil prices.

TSX flat as U.S. indexes rally to intraday highs; crude oil prices climb

Canadian Press - TORONTO (CP) - Canada's main stock index secured a toehold in positive territory Thursday afternoon after mixed earnings and climbing oil prices caused it to vacillate.

European stocks higher on solid earnings

Reuters - European shares hit new 3-year highs on Thursday after a slew of strong corporate earnings including Telefonica and France Telecom.

Dollar steady after yuan dip

Reuters - The dollar was steady on Thursday, recovering from recent profit-taking and from brief selling on comments from China on the yuan's revaluation, as it remained underpinned by solid U.S. economic data.

Wednesday's Wall Street Glance

AP - Dow Jones Industrials

NYSE Criticized Over Governance Policies

A Status Report on Wall Street

AP - Investors sent stocks higher Wednesday after the Federal Reserve's assessment of the economy raised hopes that the Fed's interest rate hikes would soon end.

Stocks gain on Fed's report, earnings

Nikkei up, Canon falls ahead of results

Reuters - Tokyo's Nikkei share average rose 0.87 percent on Wednesday, led by Advantest Corp. after its profit recovery from the previous quarter encouraged investors, while a fall in the yen bolstered the auto sector.

Stock Markets Morning News 7/28/2005

Stocks rise on Exxon, Starbucks earnings

Reuters - U.S. shares were higher on Thursday, with better-than-expected earnings reports from blue-chip oil company Exxon Mobil Corp. and coffee chain Starbucks Corp. spurring investor confidence.

Stocks Move Higher on Strong Earnings

AP - Wall Street extended its advance Thursday on a raft of strong earnings, particularly at energy and pharmaceutical companies.

Stock markets positive on mixed earnings reports, higher crude oil prices

Canadian Press - TORONTO (CP) - North American stock indexes made modest gains Thursday morning as investors reviewed a mixed bag of earnings while oil prices climbed.

European stocks higher on solid earnings

Reuters - European shares hit new 3-year highs on Thursday after a slew of strong corporate earnings including Telefonica and France Telecom.

Dollar steady after yuan dip

Wednesday's Wall Street Glance

AP - Dow Jones Industrials

NYSE Criticized Over Governance Policies

A Status Report on Wall Street

AP - Investors sent stocks higher Wednesday after the Federal Reserve's assessment of the economy raised hopes that the Fed's interest rate hikes would soon end.

Stocks gain on Fed's report, earnings

Nikkei up, Canon falls ahead of results

Wednesday, July 27, 2005

Stock Markets Afternoon News 7/27/2005

Stocks rise on Fed's Beige report, Boeing

Reuters - U.S. stocks gained on Wednesday after a report from the Federal Reserve showed business activity growing in almost all regions of the country and aerospace company Boeing Co.'s shares advanced, offsetting mixed earnings reports.

Stocks Surge on Solid Earnings

AP - Stocks surged higher Wednesday after the Federal Reserve suggested that the economy has rebounded from its spring soft patch.

TSX up in positive earnings crush; loonie down; U.S. indexes mixed

Canadian Press - TORONTO (CP) - Toronto's main index continued its rally late Wednesday morning after a parade of positive earnings reports and rising oil prices as the Canadian dollar dipped for a second straight day.

European shares up on robust results

Reuters - European stocks rose on Wednesday, boosted by strong corporate earnings, led by France Telecom after it unveiled the terms of a widely anticipated purchase of 80 percent of Spanish mobile operator Amena for 6.4 billion euros.

Dollar firm after breaking key levels

Reuters - The dollar firmed toward recent 14-month highs versus the euro on Wednesday after breaking key technical levels ahead of this week's U.S. data which could spur expectations for further interest rates rises.

Nikkei up, Canon falls ahead of results

Tuesday's Wall Street Glance

AP - Dow Jones Industrials

S&P 500, Nasdaq up but Dow dips

Reuters - The Standard & Poor's 500 and Nasdaq stock indexes rose to four-year highs on Tuesday on positive earnings news, while the blue-chip Dow average was hurt by disappointing earnings at chemical maker DuPont Co.

Wall Street set for higher start

Reuters - Wall Street was expected to open higher on Tuesday with consumer confidence figures set to show a small rise while investors will scour a raft of company results after some contrasting figures in the previous session.

Stocks set to open flat on earnings

Reuters - U.S. stock futures signaled a flat market open on Monday at the start of a busy earnings week, which was coupled with reports of merger and acquisition activity.

Stock Markets Morning News 7/27/2005

Stocks little changed on mixed outlooks

Reuters - U.S. stocks were little changed on Wednesday, with better-than-expected earnings from Boeing Co. partly offset by warnings of a cloudy outlook from chip maker Linear Technologies Corp.

Stocks Nearly Flat Despite Solid Earnings

AP - Stocks traded in a narrow range Wednesday despite solid earnings from Amazon.com Inc. and Boeing Co. and encouraging data on durable goods orders.

Stock market indicators mostly positive in earnings crush; loonie falls further

Canadian Press - TORONTO (CP) - Global indicators were mostly positive for North American stock markets Wednesday as oil prices eased, earnings reports flooded in and Petro-Canada adjusted to the premature release of its quarterly profit report.

European shares up on robust results

Dollar firm after breaking key levels

Nikkei up, Canon falls ahead of results

Tuesday's Wall Street Glance

AP - Dow Jones Industrials

S&P 500, Nasdaq up but Dow dips

Wall Street set for higher start

Stocks set to open flat on earnings

Reuters - U.S. stock futures signaled a flat market open on Monday at the start of a busy earnings week, which was coupled with reports of merger and acquisition activity.

Tuesday, July 26, 2005

Stock Markets Afternoon News 7/26/2005

Stocks get lift from TI and Lockheed

Reuters - U.S. stocks rose on Tuesday after several companies, including chip maker Texas Instruments Inc. and defense contractor Lockheed Martin Corp. reported profits that beat Wall Street estimates.

Stocks Move Higher on Oil Prices, Earnings

AP - Stocks inched upward Tuesday as investors weighed slightly higher oil prices against strong earnings from companies including Verizon Communications Inc. and Texas Instruments Inc.

Stock markets mostly flat on earnings reports, lower oil price; C$ sinks

Canadian Press - TORONTO (CP) - North American stock markets failed to build momentum on a wave of generally positive earnings reports as oil prices changed course Tuesday afternoon and headed higher.

S&P 500, Nasdaq up but Dow dips

Wall Street set for higher start

European shares dip on results

Reuters - European stocks fell in early Tuesday trade in a busy day of quarterly results with earnings from chip maker Infineon and car maker Peugeot disappointing, while oil prices were steady.

Nikkei falls, investors hold back

Reuters - Tokyo's Nikkei share average fell on Tuesday as investors held back from aggressive buying ahead of earnings results from major companies, although gains in some chip stocks after a brokerage upgrade limited losses.

Monday's Wall Street Glance

AP - Dow Jones Industrials

Stocks set to open flat on earnings

Reuters - U.S. stock futures signaled a flat market open on Monday at the start of a busy earnings week, which was coupled with reports of merger and acquisition activity.

Dollar stronger as yen loses China luster

Reuters - The dollar extended its rebound against the yen on Monday as the impact of last week's small but significant revaluation of the Chinese yuan faded and investors turned to economic data and interest rate differentials.

Stock Markets Morning News 7/26/2005

Blue chips turn negative, DuPont weighs

Reuters - The blue-chip Dow Jones industrial average edged into negative territory early on Tuesday, weighed down by chemical company DuPont Co. , which reported second-quarter results below Wall Street expectations.

Stocks Are Mixed As Oil Prices Decline

AP - Stocks were narrowly mixed in early trading Tuesday as oil prices fell, allowing investors to focus on the day's stream of earnings reports and forecasts.

Stocks open higher on TI, Lockheed

Reuters - U.S. stocks opened higher on Tuesday, boosted by gains in chip maker Texas Instruments Inc. and defense contractor Lockheed Martin Corp., which reported earnings that topped Wall Street expectations.

Stock markets mostly flat on earnings reports, lower oil price; C$ sinks

Canadian Press - TORONTO (CP) - North American stock markets opened flat Tuesday as investors waded through a slew of positive earnings reports and pondered the impact of retreating oil prices. The Canadian dollar was sharply lower.

Wall Street set for higher start

European shares dip on results

Reuters - European stocks fell in early Tuesday trade in a busy day of quarterly results with earnings from chip maker Infineon and car maker Peugeot disappointing, while oil prices were steady.

Nikkei falls, investors hold back

Monday's Wall Street Glance

AP - Dow Jones Industrials

Stocks set to open flat on earnings

Reuters - U.S. stock futures signaled a flat market open on Monday at the start of a busy earnings week, which was coupled with reports of merger and acquisition activity.

Dollar stronger as yen loses China luster

Friday, July 22, 2005

Stock Markets Afternoon News 7/22/2005

Tech stocks dip on Microsoft, Google

Reuters - U.S. technology stocks fell on Friday after Microsoft Corp. , the world's largest software maker, and Web search company Google Inc. gave quarterly revenue outlooks that fell short of Wall Street expectations.

Markets anemic on British security concerns; Canadian retail sales disappoint

Canadian Press - TORONTO (CP) - North American stock markets languished Friday afternoon as crude oil prices spiked and investors mulled the possible impact of China's currency revaluation.

Stocks Mixed on Microsoft Earnings, Oil

AP - Stocks were narrowly mixed Friday as a tepid earnings report from Microsoft Corp. and a sharp rise in oil prices created fresh worries for investors.

Dollar rallies as markets weigh yuan move

Reuters - The dollar recovered some of the previous session's steep losses against the yen on Friday as markets pondered the implications of China's move to drop the yuan's peg against the dollar.

NYSE submits Archipelago merger filing

USATODAY.com - The New York Stock Exchange sent a detailed description of its proposed merger with electronic exchange Archipelago to the Securities and Exchange Commission on Thursday. The draft proxy statement spells out the terms by which the world's largest stock market will acquire Archipelago.

Stock futures indicate flat to lower open

Reuters - U.S. stock futures pointed to a flat-to-lower market open on Friday, with concerns about slowing sales for tech companies and questions about the long-term effect of China's move to revalue its currency prompting investors to pull back.

Wall St set to slip on London shooting

Reuters - Wall Street looks set to slip on Friday, unsettled by news police have shot a man at an underground train station in London, while analysts see tech stocks subdued by a disappointing forecast from Microsoft Corp.

European shares dip on new London alert

Reuters - European shares slipped on Friday after reports a man shot by police outside a London underground station was a suspected suicide bomber, a day after a second wave of bombs hit the British capital.

Yuan move may benefit US stock investors

Reuters - China's decision on Thursday to drop its currency's peg to U.S. dollar and allow the yuan to appreciate may spell good news for U.S. stock investors who are in for the long-haul.

Thursday's Wall Street Glance

AP - Dow Jones Industrials

Stock Markets Morning News 7/22/2005

Stocks flat; Microsoft down

Reuters - U.S. stocks were little changed on Friday, with news of a solid profit from oil-field services company Schlumberger Ltd. helping to offset a lackluster revenue outlook from software maker Microsoft Corp.

Stocks Climb Despite Rising Oil Prices

AP - Stocks edged higher Friday despite a tepid earnings report from Microsoft Corp. and a rise in oil prices.

Markets flat as Canadian inflation edges higher, retail sales disappoint

Canadian Press - TORONTO (CP) - North American stock markets were mostly flat Friday morning after two incidents on London's subway system rattled nerves, while investors weighed the possible impact of China's currency revaluation.

Yen down as markets question yuan impact

Reuters - The yen fell against the dollar and euro on Friday, giving back almost half of its strong gains made the previous session when China abandoned the yuan's dollar peg in favor of a basket of currencies.

NYSE submits Archipelago merger filing

Stock futures indicate flat to lower open

Wall St set to slip on London shooting

European shares dip on new London alert

Yuan move may benefit US stock investors

Reuters - China's decision on Thursday to drop its currency's peg to U.S. dollar and allow the yuan to appreciate may spell good news for U.S. stock investors who are in for the long-haul.

Thursday's Wall Street Glance

AP - Dow Jones Industrials

Thursday, July 21, 2005

Stock Markets Afternoon News 7/21/2005

Stocks fall on London blasts

Reuters - U.S. stocks declined on Thursday after news of a second string of attacks on London's transportation system this month offset a drop in oil prices and news that China's currency will appreciate.

Stocks mixed as London blasts jolt traders, markets mull China currency move

Canadian Press - TORONTO (CP) - Higher financial and gold stocks kept the Toronto stock market positive Thursday.

Stocks Bounce Back After Early Losses

AP - Stocks made up most of their early losses Thursday after the latest attacks in London caused just one injury and allowed investors to focus on earnings and China's decision to revalue its currency.

Dollar sags as China scraps currency peg

Reuters - The dollar slumped against the yen in heavy trading on Thursday after China abandoned its dollar peg in favor of a basket of currencies to manage the yuan.

Grasso suggests deal possible, then says no

USATODAY.com - Richard Grasso, the New York Stock Exchange chairman forced out in a controversy over his giant pay package, opened the door Wednesday to settling a dispute with New York Attorney General Eliot Spitzer, comments made in an interview with CNBC indicated.

Nikkei ends lower

Reuters - Japan's Nikkei average fell 0.02 percent on Thursday as investors turned cautious and sold recent gainers such as steel makers, but market sentiment remained firm with auto stocks ending higher after a brokerage upgrade.

Wednesday's Wall Street Glance

AP - Dow Jones Industrials

Amex loses out to NYSE on ETFs

FT.com - The American Stock Exchange, the third-largest in the US, received a heavy blow on Wednesday when it lost the listings of nearly half of its exchange traded funds - a rapidly growing product area it pioneered.

News better be good news for tech stocks

Reuters - U.S. technology companies are finding out that even a whiff of a neutral or slightly negative tone in an otherwise upbeat earnings report can send their stock tumbling.

Former chairman Richard Grasso says he's open to settling NYSE suit

Canadian Press - NEW YORK (AP) - Former New York Stock Exchange chief Richard Grasso, who was sued by New York's attorney general over his $187.5-million-US pay package, said Wednesday he's willing to settle the case.

Stock Markets Morning News 7/21/2005

Stocks slip after yuan revalued

Reuters - U.S. stocks opened lower on Thursday after China loosened its yuan currency exchange rate against the dollar, which could squeeze profits of companies that source heavily from China, such as Wal-Mart Stores Inc.

Stocks Move Lower on London Explosions

AP - Stocks edged lower Thursday as unease over the possibility of new terrorist attacks in London overshadowed China's decision to revalue its currency.

Canadian dollar, markets boosted by China's move to unlink from US dollar

Canadian Press - TORONTO (CP) - The Canadian dollar was up more than half a U.S. cent and stock markets looked to open higher early Thursday after China decided to end its currency peg to the U.S. dollar.

Grasso suggests deal possible, then says no

Nikkei ends lower

Wednesday's Wall Street Glance

AP - Dow Jones Industrials

Amex loses out to NYSE on ETFs

News better be good news for tech stocks

Reuters - U.S. technology companies are finding out that even a whiff of a neutral or slightly negative tone in an otherwise upbeat earnings report can send their stock tumbling.

Former chairman Richard Grasso says he's open to settling NYSE suit

Dollar robust vs yen pre-Greenspan

Reuters - The dollar hit a 14-month high against the yen on Wednesday as expectations grew Federal Reserve chief Alan Greenspan will signal steady rises in U.S. interest rates in testimony later in the day.

Wednesday, July 20, 2005

Stock Markets Afternoon News 7/20/2005

Stocks flat on Greenspan testimony

Reuters - U.S. stocks were little changed on Wednesday after Federal Reserve Chairman Alan Greenspan made optimistic remarks about the U.S economy but said higher interest rates were needed.

Stocks Up As Investors Focus on Earnings

AP - Stocks turned higher in afternoon trading Wednesday as investors focused on good earnings news from the majority of companies that have reported and put aside earlier concerns about a handful of disappointments.

Former chairman Richard Grasso says he's open to settling NYSE suit

Stock markets turn higher as investors focus on the good earnings news

Canadian Press - TORONTO (CP) - The tone on stock markets improved Wednesday afternoon as materials and industrial stocks pulled Toronto higher while New York shook off earlier losses to move ahead slightly despite a string of disappointing earnings reports.

Dollar robust vs yen pre-Greenspan

European stocks pare losses

Reuters - European shares pared opening losses on Wednesday as pleasing earnings from Swiss drugmaker Roche, and buoyant miners after China's latest red-hot economic growth numbers helped offset a weak technology sector.

Tuesday's Wall Street Glance

AP - Dow Jones Industrials

Q2 profit growth likely in double digits

Reuters - Thirteen could be a lucky number this earnings period for U.S. investors hoping for double-digit profit growth.

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.

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.

Stock Markets Morning News 7/20/2005

Stocks open lower on GM loss

Reuters - U.S. stocks dropped sharply at the open on Wednesday, with an unexpected quarterly loss from General Motors Corp. and worries over growth in the tech sector prompting investors to pull back.

Stocks Lower on Disappointing GM Report

AP - Stocks opened lower Wednesday as dour earnings from General Motors dampened traders' moods.

General Motors sets tone for negative session on markets with big loss

Canadian Press - TORONTO (CP) - A quarterly loss reported by General Motors Corp. helped send stock markets mainly lower Wednesday morning, although higher energy prices helped keep the Toronto stock market mildly positive.

Dollar robust vs yen pre-Greenspan

European stocks pare losses

Tuesday's Wall Street Glance

AP - Dow Jones Industrials

Q2 profit growth likely in double digits

Reuters - Thirteen could be a lucky number this earnings period for U.S. investors hoping for double-digit profit growth.

U.S. stocks set for strong start

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.