Friday, September 11, 2009
Markets Friday, 09/11/2009
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| Dow : 9605.41 down 22.07 | S & P : 1042.73 down 1.41 |
| NASDAQ: 2080.90 down 3.12 | Bond (10Y): 3.35%, 102.28
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MARKETS:
Stocks slip after 5-day advance
Wall Street retreats as energy prices drop and investors show fatigue
after a run that put the Dow, S&P and Nasdaq at 2009 highs.
Gold hits record high
The precious metal, considered a safe haven, surges above $1,000 as
the dollar plunged to a one-year low.
Energy: Approval for Gorgon gas project expected in days
The massive Gorgon liquid natural-gas project off the coast of
Australia has languished on the books for years, but now the work of
oil majors Chevron, Exxon and Shell may begin soon.
U.S. stocks halt five-day win streak Friday but finish week with gains
U.S. stocks halt five-day win streak Friday but finish week with gains
9/11/2009 4:03:41 PM EDT
China imports of crude, iron ore fall from record
China's August imports of crude oil and iron ore fall from the
previous month's record high, while copper imports slump 20% as the
country slows its pace of commodities stockpiling.
Consumer moods brighten in early September
Consumer moods brighten in early September
The U.S. consumer sentiment index jumps in early September to 70.2
from 65.7 in August, according to media reports of the
Reuters/University of Michigan index.
FEDEX FIRST-QUARTER PROFIT TO EXCEED GUIDANCE
FedEx Corp. says its fiscal first-quarter profit will exceed company
guidance due to better-than-expected international volume, a lower
fuel bill and improved cost management.
BACK FROM BEACH, STRATEGISTS SEE COOLER STOCK RISE
Stock strategists, who left for summer vacations musing over the market's
double-digit rebound, have returned with buffed-up forecasts that
project an extended -- though cooler -- run for stocks.
LET'S DO THE TIME WARP AGAIN ON THE MARKETS
A look at what newsletter editors were saying exactly one year ago
reveals few clues that the stock market was about to go over a cliff,
entering a free fall from which it would not stop for another six
months.
GOLD SURGES AS DOLLAR FALLS AGAIN
Gold futures surge Friday, heading for their fourth weekly gain as the U.S.
dollar falls against the euro to a fresh one-year low, boosting gold's
investment appeal.
U.S. stocks turn positive after consumer-confidence data; advance would be 6th straight
U.S. stocks turn positive after consumer-confidence data; advance
would be 6th straight
9/11/2009 10:45:03 AM EDT
Stocks inch lower at the open as investors struggle to hang on to gains that have driven indexes to the highest levels of the year.
Stocks inch lower at the open as investors struggle to hang on to
gains that have driven indexes to the highest levels of the year.
Crude contract edges lower but holds at $72 mark
Crude-oil futures edge lower but hold at the $72-a-barrel mark, as
traders step to the sidelines after four straight higher sessions.
Thursday, September 10, 2009
Markets Thursday, 09/10/2009
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| Dow : 9627.48 up 80.26 | S & P : 1044.14 up 10.77 |
| NASDAQ: 2084.02 up 23.63 | Bond (10Y): 3.35%, 102.28
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MARKETS:
Stocks end at 2009 highs
Wall Street cheers as strong debt auction, P&G forecast, Geithner
comments and drop in jobless claims draw investors.
Stocks end at 2009 highs on Geithner comments, debt sale and positive data. Dow rises 78 points, Nasdaq and S&P gain 1%.
Stocks end at 2009 highs on Geithner comments, debt sale and positive
data. Dow rises 78 points, Nasdaq and S&P gain 1%.
Stimulus boosted employment by 1 million jobs in August, Obama administration says in first Recovery Act report to Congress.
Stimulus boosted employment by 1 million jobs in August, Obama
administration says in first Recovery Act report to Congress.
Techs edge higher, led by Yahoo, eBay
Techs edge higher, led by Yahoo, eBay
The tech sector trades slightly higher, powered by gains scored by
Yahoo and eBay.
CRUDE ERASES GAINS AFTER DATA SHOW DEMAND WEAKNESS
Crude-oil futures erase early gains, fall slightly.
GOLD FUTURES TRADE FRACTIONALLY LOWER
The pullback in gold futures carries into a second session, with the
September and December contracts retreating modestly from the
$1,000-an-ounce level.
NEW JOBLESS CLAIMS FALL 26,000 TO 550,000
The number of people filing for state unemployment benefits for the
first time falls 26,000 to a seasonally adjusted 550,000 last week,
the lowest since mid-July, the U.S. Labor Department reports.
JULY'S TRADE GAP WIDENS SHARPLY ON FOREIGN AUTOS
The U.S. trade deficit shows a sharp widening for July, as foreign
automakers capitalized on the government's cash-for-clunkers program,
Commerce Department data indicate.
GM says it has agreed to sell a majority stake in European automaker Opel to a Russian and Canadian consortium.
GM says it has agreed to sell a majority stake in European automaker
Opel to a Russian and Canadian consortium..
U.S. stock indexes mixed in opening half-hour; Nasdaq ekes out gain
U.S. stock indexes mixed in opening half-hour; Nasdaq ekes out gain
9/10/2009 9:57:07 AM EDT
Number of people filing for first-time unemployment benefits fell by a more-than-expected 26,000 last week to 550,000, U.S. says.
Number of people filing for first-time unemployment benefits fell by a
more-than-expected 26,000 last week to 550,000, U.S. says.
Wednesday, September 09, 2009
Obama urges Congress to act on health care
WASHINGTON (AP) - President Obama summoned Congress to enact sweeping
health care legislation Wednesday night, declaring the "time for
bickering is over" and the moment has arrived to help millions who
have insurance and many more without it. In a televised speech to a
joint session of Congress, Obama spoke in favor of an option for the
federal government to sell insurance in competition with private
industry - probably the most contentious proposal currently being
debated. But he said he was open to alternatives that create choices
for consumers
Markets Wednesday, 09/9/2009
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| Dow : 9547.22 up 49.88 | S & P : 1033.37 up 7.98 |
| NASDAQ: 2060.39 up 22.62 | Bond (10Y): 3.47%, 101.22
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MARKETS:
Nasdaq and S&P 500 at '09 highs
Stocks stage a rally, with banks and techs among the big gainers.
Apple slips. Beige book says economy continues to stabilize.
U.S. stocks rise for fourth straight day; Dow industrials gain nearly 50 points
U.S. stocks rise for fourth straight day; Dow industrials gain nearly 50 points
9/9/2009 4:07:16 PM EDT
Breaking News: Hijackers holding jet at Mexico City
MEXICO CITY (AP) - Hijackers are holding a flight from Cancun to
Mexico City. Mexico Communications Secretary Juan Molinar says the
plane is sitting on the runway at the Mexico City international
airport. Mexican network TV Azteca reported that the flight Wednesday
was carrying 104 passengers.
How London's FTSE 100 regained 5,000 mark
How London's FTSE 100 regained 5,000 mark
Britain's top share index regains the key 5,000 level, a milestone
move for a market busy clawing back ground after the recent financial
crisis.
OIL GAINS ON INVENTORIES OUTLOOK, OPEC SUMMIT
Crude-oil futures rise for a third session as analysts expect weekly
petroleum data to show another drop in U.S. crude inventories and as
traders look ahead to an OPEC meeting.
BONDS AND STOCKS DIVERGE ON THE U.S. ECONOMY
For those investors who believe the stock market works perfectly at
discounting risks and rewards, the U.S. economy and corporate profits
must seem to be on track for a stellar recovery.
APPLE EXPECTED TO UPDATE IPOD LINE AT EVENT
Apple Inc. is scheduled to hold one of its much-anticipated company
events on Sept. 9, while media and tech circles perform their usual
round of speculating about what the company has up its sleeve.
EUROPE OPERATORS FACE DILEMMA WITH IPHONE DEALS
As exclusive contracts to distribute Apple's iPhone in key European
markets expire, the operators who shelled out millions to snare the
seductive device must decide how much it's really worth to them.n
financial history.
Energy: Energy stocks snap higher on crude gains
After a rocky start, oil and gas stocks gain ground, taking strength
from a higher stock market and rising oil prices.
U.S. stocks post thin gains in opening hour; key London stock gauge at 11-month high
U.S. stocks post thin gains in opening hour; key London stock gauge at
11-month high
9/9/2009 10:38:30 AM EDT
Stocks waver at the open as a post-holiday rally fizzles.
Stocks waver at the open as a post-holiday rally fizzles.
Tuesday, September 08, 2009
Markets Tuesday, 09/8/2009
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| Dow : 9497.34 up 56.07 | S & P : 1025.39 up 8.99 |
| NASDAQ: 2037.77 up 18.99 | Bond (10Y): 3.48%, 101.19
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MARKETS:
Nasdaq at 11-month high
A rally in commodity prices, deal talk and an upgrade of GE give
stocks a lift as investors return from the Labor Day holiday.
Stocks end higher with the Dow gaining more than 50 points after a weaker dollar sends commodity prices rallying.
Stocks end higher with the Dow gaining more than 50 points after a
weaker dollar sends commodity prices rallying.
U.S. stocks open the week higher, while crude tops $70 and gold hits $1,000
U.S. stocks open the week higher, while crude tops $70 and gold hits $1,000
9/8/2009 10:00:21 AM EDT
Energy: Oil rises as dollar falls; OPEC meeting eyed
Oil futures rose above $69 a barrel on Tuesday, as sharp weakness in
the U.S. dollar boosted commodities and energy traders eyed the
upcoming meeting of the OPEC oil cartel.
Energy: Dollar tumbles versus major rivals
The U.S. dollar falls to a new yearly low versus the euro and tumbled
versus other major rivals, undercut as investors continue to show
rising appetite for risk amid a push higher by Chinese equities,
improving economic data and renewed questions about the dollar's role
as the world's premier reserve currency.
Monday, September 07, 2009
Gold front-month contract briefly hits $1,000 level for first time since February
Gold front-month contract briefly hits $1,000 level for first time
since February
9/7/2009 9:09:50 PM EDT
Sunday, September 06, 2009
Breaking News: Obama adviser resigns
WASHINGTON - The White House says President Barack Obama's adviser Van
Jones is resigning amid controversy over past inflammatory statements.
