Friday, November 20, 2009
Markets, Friday, 11/20/2009
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| Dow : 10318.16 down 14.28 | S & P : 1091.38 down 3.52 |
| NASDAQ: 2146.04 down 12.72 | Bond (10Y): 3.36%, 100.06
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MARKETS:
Wall Street: Mixed week ends on a low note
Stocks selloff on Friday as investors respond to mixed economic news
and a darkening outlook for technology companies.
U.S. stocks finish lower Friday; Dow leaves Nasdaq and S&P 500 behind to post weekly gain
U.S. stocks finish lower Friday; Dow leaves Nasdaq and S&P 500 behind
to post weekly gain
11/20/2009 4:02:23 PM EDT
A reality check for investors mulling sale of gold
A reality check for investors mulling sale of gold
It's an age-old question among investors, but one that's more pertinent than
ever for traders facing never-before-seen levels in gold prices: How will you
know when it's the right time to sell?
BULLISHNESS AMONG GOLD TIMERS VERY HIGH
The average gold timer is now more bullish than on each of the past four
occasions in which the gold market has topped out, a worrying sign for
contrarians.
GAP PROFIT UP 25% AS DEMAND IMPROVES AT OLD NAVY
Gap says that its third-quarter profit rose 25% after it controlled inventory
to reduce discounts and demand picked up at its largest and lowest-priced sales
division, Old Navy.
ICE INVESTIGATING SPIKE IN DOLLAR INDEX FUTURES
The IntercontinentalExchange is probing trades in U.S. dollar index futures
that briefly showed a massive 9% jump on Friday morning.
More states report rising unemployment rates in October, government says. Michigan remains hardest hit at 15.1%.
More states report rising unemployment rates in October, government
says. Michigan remains hardest hit at 15.1%.
Stocks open in the red on worries over economic recovery and tech sector weakness after Dell earnings disappoint.
Stocks open in the red on worries over economic recovery and tech
sector weakness after Dell earnings disappoin.
Thursday, November 19, 2009
Breaking News: Oprah Winfrey to end show in 2011
CHICAGO (AP) - Oprah Winfrey's production company says she'll announce
Friday that her show will end in 2011.
Markets, Thursday, 11/19/2009
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| Dow : 10332.44 down 93.87 | S & P : 1094.90 down 14.90 |
| NASDAQ: 2156.82 down 36.32 | Bond (10Y): 3.34%, 100.28
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MARKETS:
Stocks drop for second straight day
Major indexes decline as nervousness about the economy puts the
brakes on a recent rally. The dollar firms; tech sector hurt by
downgrad.
Stocks finish down on concerns about economic recovery. Dow drops 92 points. Nasdaq down 1.7%, S&P declines 1.3%b
Stocks finish down on concerns about economic recovery. Dow drops 92
points. Nasdaq down 1.7%, S&P declines 1.3%.
U.S. stocks drop as leading data disappoint
U.S. stocks drop as leading data disappoint
U.S. stocks fell Thursday as declines in metals and crude-oil futures weighed
on the materials and energy sectors, while chip companies were hurt by an
analyst downgrade.
FAA FIXES SYSTEM FAILURE; DELAYS STILL EXPECTED
Flights across the U.S. see delays and cancellations Thursday due to a
telecommunications glitch.
THURSDAY'S BIGGEST GAINING AND DECLINING STOCKS
Among the shares expected to see active trade in Thursday's session are the
semiconductor firms as well as Aetna, Campbell Soup, Hot Topic, Jack in the
Box, Limited, NetApp, Sears, Sony, Stage Stores and Williams-Sonoma.
MINERS, DANONE PRESSURED IN LOWER EUROPE
Lower commodity futures drag on miners and shares of yogurt maker Danone fall
after it cuts its target for sales growth in the medium term, pressuring
Europe's equity benchmarks.
LEADING INDICATORS RISE FOR 7TH STRAIGHT MONTH
The index of leading economic indicators rise for the seventh consecutive month
in October, showing that a recovery is "unfolding" in the U.S. economy, the
private Conference Board said.
U.S. leading economic indicators up 0.3% for October
U.S. leading economic indicators up 0.3% for October
11/19/2009 10:11:13 AM EDT
Stocks open lower, with the Dow losing about 70 points, as concerns about the economic recovery persist.
Stocks open lower, with the Dow losing about 70 points, as concerns
about the economic recovery persist.
Number of people filing first-time unemployment claims was unchanged last week at 505,000, government says. Lowest since January.
Number of people filing first-time unemployment claims was unchanged
last week at 505,000, government says. Lowest since January.
Wednesday, November 18, 2009
Markets, Wednesday, 11/18/2009
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| Dow : 10426.31 down 11.11 | S & P : 1109.80 down 0.52 |
| NASDAQ: 2193.14 down 10.64 | Bond (10Y): 3.36%, 100.03
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MARKETS:
Stocks hit a roadblock
Major indexes retreat from 13-month highs after a surprise drop in new
home construction fuels concern about the strength of the economic
recovery.
Stocks finish lower after a disappointing report on new home construction. Dow falls 13 points.
Stocks finish lower after a disappointing report on new home
construction. Dow falls 13 points.
U.S. stocks sink on home construction decline
U.S. stocks sink on home construction decline
U.S. stocks fall Wednesday on disappointing earnings guidance from the
technology sector and an unexpected decline in home construction and building
permits.
GOLD FUTURES SOAR TO RECORD ABOVE $1,150/OZ
Gold futures storm past $1,150 an ounce for the first time before
pulling back modestly, as the dollar falls against other major
currencies and effectively
enhances the precious metal's investment appeal.
HOUSING STARTS STAGE BROAD RETREAT IN OCTOBER
In a blow to the optimism that had surrounded the housing sector in recent
months, housing starts drop sharply in October to their lowest level in six
months, the Commerce Department reports.
HOME BUILDERS STILL IRRITABLE, SURVEY SAYS
U.S. home builders remain discouraged about their business in November, but are
a bit more hopeful about future sales, according to a monthly survey released
by the National Association of Home Builders.
CONSUMER PRICES UP 0.3%, LED BY ENERGY, CARS
U.S. inflation accelerated in October as energy prices rose again and car
prices increased at the fastest pace since the early 1980s, the government
reports.
Commodities the ticket for global fund managers
Global fund managers are hedging their bets against future inflation
and pouring more money into commodities and emerging markets,
according to a monthly survey released Wednesday.
U.S. says: Housing starts tumble 10.6% in October to lowest level in six months; consumer prices fall 0.2% on an annual basis.
U.S. says: Housing starts tumble 10.6% in October to lowest level in
six months; consumer prices fall 0.2% on an annual basis.
Stocks open slightly lower after weak housing report. Dow dips, easing 17 points.
Stocks open slightly lower after weak housing report. Dow dips, easing
17 pointed.
Tuesday, November 17, 2009
Markets ,Tuesday, 11/17/2009
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| Dow : 10437.42 up 30.46 | S & P : 1110.32 up 1.02 |
| NASDAQ: 2203.78 up 5.93 | Bond (10Y): 3.32%, 100.41 |
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MARKETS:
Stocks at 13-month highs after modest gains
After languishing for most of the session, the major indexes finish at
their highest level since October 2008.
Stocks finish with gains after a choppy session. Dow closes up 30 points. Nasdaq, S&P also advance.
Stocks finish with gains after a choppy session. Dow closes up 30
points. Nasdaq, S&P also advance.
U.S. residential builders remain downbeat, place some blame on appraisals
U.S. residential builders remain downbeat, place some blame on appraisals
11/17/2009 1:05:07 PM EDT
U.S. stocks open lower amid weak production data
U.S. stocks open lower amid weak production dtam
Investors bid down blue-chip shares, as commodities slid, the dollar
rose, and the nation's latest industrial production came in weaker
than expected.
OIL FUTURES FALL AS DOLLAR REBOUNDS ON PRICE DATA
Oil futures fall, giving back some of the prior session's gains, after the
dollar rebounds on a surprise drop in the producer price index.
m
GOLD PULLS BACK FROM RECORD AS DOLLAR REBOUNDS
Gold futures retreat, now down about $10 an ounce from record highs seen o
Monday, as the dollar stages a broad rebound and as the latest government dat
offer no hint of inflation in the U.S. econy.
DOLLAR GAINS, REVERSING DROP AS EQUITIES SLIP
The dollar gains ground versus the euro and other currencies as equity markets
weaken around the world, signaling a retreat in appetite for risk among
investors.
HOME DEPOT PROFIT TOPS VIEW; OUTLOOK MAY MISS
Home Depot Inc., the No. 1 home-improvement retailer, reports that its
fiscal third-quarter profit fell 8.9%, with the CEO saying that the
market is showing
signs of stabilizing.
Stocks open lower as investors take a breather from a sharp runup. Dow slips 33 points, Nasdaq eases 0.4%, S&P dips 0.3%.
tocks open lower as investors take a breather from a sharp runup. Dow
slips 33 points, Nasdaq eases 0.4%, S&P dips 0.3%.
Monday, November 16, 2009
Markets Monday, 11/16/2009
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| Dow : 10406.96 up 136.49 | S & P : 1109.30 up 15.82 |
| NASDAQ: 2197.85 up 29.97 | Bond (10Y): 3.33%, 100.31 |
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MARKETS:
S&P 500 shoots above 1,100
Wall Street rallies as energy and commodity shares rise on weak
dollar; Bernanke says economic recovery will be modest.
S&P closes over 1,100 for first time since October 2008, and Dow gains 136 points. Nasdaq finishes up 1.4%.
S &P closes over 1,100 for first time since October 2008, and Dow
gains 136 points. Nasdaq finishes up 1.4%.
Fed chief Bernanke says recovery will be weak, cites tight bank lending and troubled job market as 'important headwinds.'
Fed chief Bernanke says recovery will be weak, cites tight bank
lending and troubled job market as 'important headwinds.'
U.S. stocks solidly higher as energy sector surges
U.S. stocks solidly higher as energy sector surges
All three major indexes hit new intraday highs for 2009, as a report of robust
economic growth in Japan sparked a rally in energy and materials firms.
GOLD FUTURES SOAR ABOVE $1,130 AS DOLLAR FALLS
Gold futures play off further weakness in the U.S. dollar, lifting the December
contract to a fresh high above $1,130 an ounce, while other metals futures do
better still on a percentage basis.
GOLD BUGS SAY IT'S NOT OVER
Gold grinds to new highs -- but the gold bugs are still optimistic...
DOLLAR SLIPS AFTER CHINA OFFICIAL WARNS OF RISKS
The dollar moves lower a day after China's chief banking regulator criticizes
loose U.S. monetary policy as leading to increased speculation.
OIL REBOUNDS FROM ONE-MONTH LOW AS DOLLAR WEAKENS
Oil futures are on the rebound following Friday's pullback, as the decline in
the value of the dollar continues to attract investors into crude. The energy
complex stages a broad-based rally.
Stocks open higher as investors digest reports on retail sales and manufacturing. Dow gains 50 points.
Stocks open higher as investors digest reports on retail sales and
manufacturing. Dow gains 50 points.
