Friday, August 14, 2009
Stocks pull back on concerns about consumer spending. Dow closes down 77 points, while the S&P and Nasdaq each slip about 1%.
Stocks pull back on concerns about consumer spending. Dow closes down
77 points, while the S&P and Nasdaq each slip about 1%.
Industrial output rises for first time since Oct.
INDUSTRIAL OUTPUT RISES FOR FIRST TIME SINCE OCT.
Led by a resurgent auto sector, U.S. industrial output rises in July for the
first time since October, the Federal Reserve reports.
CONSUMER PRICES UNCHANGED IN JULY
Retail-level inflation remains tame. U.S. consumer prices show no
change in July, after seasonal adjustments, and are down 2.1% on a
year-over-year basis in the sharpest annual decline since 1950, Labor
Department data show.
U.S. CONSUMER SENTIMENT FALLS IN AUGUST
Sentiment has fallen two months in a row to the lowest reading since
March, and is significantly worse than the level was expected by most
economists.
J.C. PENNEY SWINGS TO LOSS
J.C. Penney Co. swings to a fiscal second-quarter loss, hurt by lower
consumer demand in the economic downturn.
ABERCROMBIE & FITCH POSTS LOSS AS SALES TUMBLE 23%
Abercrombie & Fitch posts a second-quarter loss as the teen-clothing
retailer's sales tumble, hurt by irecession-minded shoppers and a
higher-priced assortment of apparel.
U.S. consumer sentiment declining in August: U. of Mich.
U.S. consumer sentiment declining in August: U. of Mich.
8/14/2009 10:01:02 AM EDT
Stocks extend decline on new signs of consumer and industrial weakness. Dow industrials fall more than 100 points.
Stocks extend decline on new signs of consumer and industrial
weakness. Dow industrials fall more than 100 points.
Dow industrials fall 50 points as U.S. stock indexes retreat early Friday
Dow industrials fall 50 points as U.S. stock indexes retreat early Friday
8/14/2009 9:48:26 AM EDT
Consumer prices were unchanged in July, the government says, but down 2.1% for the year -- the worst annual decline since 1950.
Consumer prices were unchanged in July, the government says, but down
2.1% for the year -- the worst annual decline since 1950.
Crude-oil prices up, but slip below $71 a barrel
Crude-oil prices are higher but run into resistance above $71 as
Chinese stocks decline and U.S. stock futures turn lower.
Thursday, August 13, 2009
Dow industrials gain 36 points as U.S. indexes close Thursday with modest gains
Dow industrials gain 36 points as U.S. indexes close Thursday with modest gains
8/13/2009 4:03:22 PM EDT
U.S. stock market disheartened by weak spending
U.S. stock market disheartened by weak spending
The stock market's enthusiasm over the government's "cash for
clunkers" program wanes in the face of data suggesting consumers have
exchanged old cars for
newer models only at the expense of other retail spending.
U.S. RETAIL SALES DROP DESPITE 'CASH FOR CLUNKERS'
U.S. retail sales drop 0.1% in July despite a boost from the government's
cash-for-clunkers subsidy, the Commerce Department reports.
INITIAL JOBLESS CLAIMS RISE 4,000 TO 558,000
First-time claims for state unemployment benefits ticked up 4,000 to
558,000 in the week ending Aug. 8, the Labor Department reports.
JULY IMPORT PRICES FALL AS PETROLEUM DECLINES
Prices of imported goods fell 0.7% in July, the first decrease since
January as petroleum prices declined, the Labor Department estimates.
FED SLOWS PACE OF TREASURY PURCHASES
The Federal Open Market Committee promises again to keep interest rates
exceptionally low 'for an extended period of time,' even as it drew
encouragement from the stronger economic outlook.
Cheung Kong, Hutchison Whampoa both beat
Cheung Kong and Hutchison Whampoa report first-half profit that beat
analysts' expectations, prompting boss Li Ka-shing to say the global
slowdown is proving milder than expected.
Energy: Crude rises on dollar weakness, Asia stock gains
Crude-oil futures climb in electronic trade as Asian stocks rebound
and the U.S. dollar broadly declines.
U.S. retail sales fall unexpectedly in July
BULLETIN: U.S. retail sales fall unexpectedly in July
8/13/2009 8:33:58 AM EDT
U.S. stocks edge upward at opening bell Thursday
U.S. stocks edge upward at opening bell Thursday
8/13/2009 9:40:43 AM EDT
Wednesday, August 12, 2009
Markets Wednesday, 08/12/2009
DOW
9,361.61
+120.16
+1.30%
NASDAQ
1,998.72
+28.99
+1.47%
S&P
1,005.81
+11.46
+1.15%
10YR
95 6/32
-11/32
Yield: 3.71%
5:16 PM ET, 8/12/2009
U.S. stocks bounce back after two down days; Dow's up 120 points, S&P's above 1,000
BULLETIN: U.S. stocks bounce back after two down days; Dow's up 120
points, S&P's above 1,000
8/12/2009 4:11:26 PM EDT
Oil seeps back onto the world stage
With oil creeping back toward center stage, it's only a matter of time
before everyone dusts off the decades-old debate about what needs to
be done to protect against higher energy prices.
Fed leaves U.S. rates at historic lows, plans to gradually reduce Treasury purchases
Fed leaves U.S. rates at historic lows, plans to gradually reduce
Treasury purchases
8/12/2009 2:18:14 PM EDT
Fed says it will end debt-buying program
WASHINGTON (AP) - The Federal Reserve is delivering a vote of
confidence in the recovery, saying economic activity is "leveling
out." The central bank also signaled that it would soon end one of its
programs aimed at propping up the economy. The Fed said it would
gradually slow the pace of its program to buy Treasury securities so
that it will shut down at the end of October, versus September.
U.S. crude-oil inventory rises 2.5 mln barrels in latest week; ...
U.S. crude-oil inventory rises 2.5 mln barrels in latest week; futures
cling to $70 level
8/12/2009 10:36:48 AM EDT
U.S. crude-oil inventory rises 2.5 mln barrels in latest week; futures cling to $70 level
U.S. crude-oil inventory rises 2.5 mln barrels in latest week; futures
cling to $70 level
8/12/2009 10:36:48 AM EDT
U.S. stocks rise early Wednesday, as Fed deliberates; Dow up 100 points
U.S. stocks rise early Wednesday, as Fed deliberates; Dow up 100 points
8/12/2009 10:05:45 AM EDT
U.S. trade deficit widens to $27 billion; imports rise for first time in 11 months on oil
U.S. trade deficit widens to $27 billion; imports rise for first time
in 11 months on oil
8/12/2009 8:32:53 AM EDT
Tuesday, August 11, 2009
U.S. stocks close down 1%; S&P below 1,000 as financials and energy sectors sink
U.S. stocks close down 1%; S&P below 1,000 as financials and energy sectors sink
8/11/2009 4:10:19 PM EDT
Stocks open lower, with financial shares under pressure, as the Fed's two-day meeting gets underway.
Stocks open lower, with financial shares under pressure, as the Fed's
two-day meeting gets underway.
Dow sheds more than 100 points as stock selloff accelerates. Nasdaq and S&P 500 both slump more than 1%.
Dow sheds more than 100 points as stock selloff accelerates. Nasdaq
and S&P 500 both slump more than 1%.
Monday, August 10, 2009
Markets Monday, 08/10/2009
DOW
9,337.95
-32.12
-0.34%
NASDAQ
1,992.24
-8.01
-0.40%
S&P
1,007.10
-3.38
-0.33%
10YR
94 14/32
+11/32
Yield: 3.77%
5:16 PM ET, 8/10/2009
U.S. stocks close lower but off session's lows; Dow falls 32 points
U.S. stocks close lower but off session's lows; Dow falls 32 points
8/10/2009 4:04:51 PM EDT
U.S. stock indexes retreat modestly as week's trading begins
U.S. stock indexes retreat modestly as week's trading begins
8/10/2009 9:55:47 AM EDT
