Friday, November 27, 2009
Breaking News: Tiger Woods OK after Fla. crash, agent said
Tiger Woods was taken to the hospital after a crash near his home, the
Florida Highway Patrol said.
Markets, Friday, 11/27/2009
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| Dow : 10309.92 down 154.48 | S & P : 1091.49 down 23.36 |
| NASDAQ: 2138.44 down 37.61 | Bond (10Y): 3.20%, 101.41
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MARKETS:
Stocks slip on Dubai debt woes
Worries about Dubai World's reluctance to pay off its debt rattle
markets worldwide.
Stocks end short session lower as investors, rattled by Dubai's debt problems, sell. Dow sheds 153 points. Nasdaq, S&P lose 1.7%.
Stocks end short session lower as investors, rattled by Dubai's debt
problems, sell. Dow sheds 153 points. Nasdaq, S&P lose 1.7%.
U.S. stocks recover from early slump
U.S. stocks recover from early slump
The decline is led by energy and metals companies, as concerns about
the impact of debt problems at Dubai World take down oil and metals
futures. The dollar is higher.
DUBAI WORLD'S SPRAWLING EMPIRE
Dubai World, the conglomerate whose debt woes are roiling global
financial markets, is by its own description Dubai's "flag bearer in
global investments."
DUBAI CRISIS OFFERS REAL-WORLD STRESS TEST
The largest corporate entity in Dubai is having problems paying back
its massive $60 billion debt -- a situation that offers the potential
for understanding how well, or poorly, the global economy's prepared
to withstand a post-meltdown crisis.
ANALYSTS WARN OF EMERGING-MARKETS FALLOUT ON DUBAI
Analysts warn of potential wider impact of Dubai's financial woes on
emerging markets as investors look again at the level of risk they are
willing to take.
STOCKS AND COMMODITIES SPOOKED BY DUBAI WORRIES
Investors' confidence is shaken by worries about Dubai's debt woes,
precipitating a sell-off in commodities and equities, while the
dollar, the Japanese yen and U.S. government debt find safe-haven
buyers.
Stocks open sharply lower after Dubai World's effort to delay debt repayment sparks broad selloff. Dow plunges over 220 points.
Stocks open sharply lower after Dubai World's effort to delay debt
repayment sparks broad selloff. Dow plunges over 220 point.
Thursday, November 26, 2009
Dubai woes roil financial markets
Dubai woes roil financial markets
Fears of a potential sovereign default by Dubai roil financial
markets, sinking stocks in Asia and Europe and pushing up
government-bond prices as investors sought safe havens.
TOY SAFETY TIPS FOR HOLIDAY SHOPPERS
Choking risks, dangerous chemical ingredients and excessively loud
noise are the top features toy shoppers should try to avoid this
holiday season as they load up on children's gifts and stocking
stuffers.
RETAILERS JOSTLE FOR BLACK FRIDAY BUSINESS
In Manhattan's trendy Soho district, Old Navy has a prominent window
sign telling shoppers it's open for business on Thanksgiving Day.
Across the street,the British retailer Topshop promises early birds a
free English breakfast. This sort of thing has been going on not for
days or weeks but months. 2009's holiday season, in fact, could be the
industry's most competitive ever.
U.S. STOCKS END AT 13-MONTH HIGHS AHEAD OF HOLIDAY
U.S. stocks finish higher, with commodity and consumer-related issues
leading a modest rally helped by upbeat data on joblessness and
consumer spending on the eve of the Thanksgiving holiday.
FOR SOME IN U.S. STOCK MARKET, YEAR OVER
Wall Street activity tends to dry up around Thanksgiving and other
major holidays, but trading volumes have been especially thin of late,
a trend stock market analysts say could translate into year-end
volatility.
Wednesday, November 25, 2009
Markets, Wednesday, 11/25/2009
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| Dow : 10464.40 up 30.69 | S & P : 1110.63 up 4.98 |
| NASDAQ: 2176.05 up 6.87 | Bond (10Y): 3.27%, 100.84 |
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MARKETS:
Dow hits new '09 high ahead of holiday
Both the blue-chip average and the S&P 500 end at 13-month peaks after
reports show improvement in labor market, new home sales and consumer
spending.
U.S. stocks end with modest gains, led by commodity producers; Dow's up 31 points
U.S. stocks end with modest gains, led by commodity producers; Dow's
up 31 points
11/25/2009 4:09:41 PM EDT
Economic data spur slight gains for U.S. stocks
Economic data spur slight gains for U.S. stocks
A raft of economic data related to the consumer and housing comes in above
expectations, prompting investors to move toward riskier areas of tee market
and away from the dollar.
DOLLAR SLUMPS, EURO BACK ABOVE $1.50
The dollar falls versus major rivals, allowing the euro to again fetch more
than $1.50 as overall economic sentiment rebounds and the U.S. Federal Reserve
shows no qualms about the U.S. unit's decline.
GOLD TOPS $1,183 ON INDIA-IMF TALK, WEAK DOLLAR
Gold futures probe $1,183 an ounce, setting another in a string of record highs
as a report that India is open to buying more gold from the International
Monetary Fund draws even more investors into the bullion market.
FED SEES SLOW RECOVERY HOLDING JOBLESS RATE HIGH
Federal Reserve officials believe the U.S. recovery is going to expand at a
slow rate while unemployment will continue to remian high, according to the
minutes of their closed-door Nov. 3 and Nov. 4 meeting.
U.S. OCTOBER DURABLE-GOODS ORDERS FALL 0.6%
Orders for U.S.-made durable goods fall in October, declining 0.6% on weaker
demand for machinery, the Commerce Department reports.
New home sales rise 6.2% in October to an annual rate of 430,000, the government says.
New home sales rise 6.2% in October to an annual rate of 430,000, the
government says.
Number of people filing first-time unemployment claims fell to 466,000 last week -- lowest level since September 2008, U.S. says.
Number of people filing first-time unemployment claims fell to 466,000
last week -- lowest level since September 2008, U.S. says.
Stocks open modestly higher after initial unemployment claims fall to the lowest level in 14 months. Dow gains 10 points.v
Stocks open modestly higher after initial unemployment claims fall to
the lowest level in 14 months. Dow gains 10 points
Tuesday, November 24, 2009
Markets, Tuesday, 11/24/2009
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| Dow : 10433.71 down 17.24 | S & P : 11
565 down 0.59 |
| NASDAQ: 2169.18 down 6.83 | Bond (10Y): 3.30|100.59
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MARKETS:
Stocks end choppy day lower
Wall Street seesaws in a volatile trading sessionon remains downbeat.
Stocks slip despite Federal Reserve's improved economic outlook. Dow declines 20 points; Nasdaq and S&P both close slightly lower.
Stocks slip despite Federal Reserve's improved economic outlook. Dow
declines 20 points; Nasdaq and S&P both close slightly lower.
U.S. stocks rattled by fresh financial worries
U.S. stocks rattled by fresh financial worries
A better-than-expected improvement in consumer confidence in November
fails to spark a turnaround, and a warning from China's banking
regulator prompts concerns about how the U.S. could be affected.
OIL SINKS 2% AMID CHINA WOES, AHEAD OF INVENTORIES
Oil futures trade steady, near $77 a barrel, as caution dominates
sentiment ahead of U.S. economic data and a report on petroleum
inventories.
FINANCIALS OFF ON BROADER ECONOMIC GLOOM
Financial stocks trade slightly lower as a lack of corporate news and
the approaching Thanksgiving holiday cap moves in the sector.
RETAIL STOCKS MIXED; BARNES & NOBLE CUTS OUTLOOK
Retail stocks were mixed on Tuesday after retailers
Zale Corp. and Dollar Tree Inc. posted better-than-expected quarterly
results while book retailers Barnes & Noble Inc. and Borders Group
Inc. posted losses.
AIRLINE STOCKS SLIP INTO THE RED; US AIRWAYS RISES
Airline stocks are mostly lower in volatile trading Tuesday morning,
though shares of US Airways stage an advance.
U.S. says the economy grew at an annual rate of 2.8% in the third quarter, less than the 3.5% it originally reported.
U.S. says the economy grew at an annual rate of 2.8% in the third
quarter, less than the 3.5% it originally reporte.
Oil trades flat ahead of inventory, economic data
Oil futures trade steady, near $77 a barrel, as caution dominates
sentiment ahead of U.S. economic data and a report on petroleum
inventory.
Home prices rise for the second straight quarter but remain nearly 9% lower than a year earlier, S&P/Case-Shiller reports.
Home prices rise for the second straight quarter but remain nearly 9%
lower than a year earlier, S&P/Case-Shiller reports
Stocks open lower, with the Dow dropping about 25 points, after third-quarter GDP revision disappoints investors.yu
Stocks open lower, with the Dow dropping about 25 points, after
third-quarter GDP revision disappoints investors
Monday, November 23, 2009
Markets, Monday, 11/23/2009
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| Dow : 10450.95 up 132.79 | S & P : 1106.24 up 14.86 |
| NASDAQ: 2176.01 up 29.97 | Bond (10Y): 3.35%, 100.19
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MARKETS:
Dow spikes to 13-month high
A better-than-expected housing market report, a weak dollar and a
surge in commodities are pushing the market to new 2009 heights.
Dow finishes up triple digits, hitting new high for '09; Nasdaq, S&P close up more than 1%
Dow finishes up triple digits, hitting new high for '09; Nasdaq, S&P
close up more than 1%
11/23/2009 4:03:56 PM EDT
Energy, materials pace U.S. gains; dollar declines
Energy, materials pace U.S. gains; dollar declines
U.S. stocks remain higher midday, as cheer over a bigger-than-expected
jump in home resales and a statement from a Federal Reserve member
push the Dow Jones Industrial Average to new intraday highs for the
year.am
NEW GOLD BUGS TAKING GOLD MAINSTREAM
Gold has long been favored by a fringe of the investment world, but
this year some of the world's leading hedge-fund managers have loaded
up on the precious metal amid concern government efforts to avoid
another Great Depression that could undermine major currencies and
fuel rampant inflation.
NEW GOLD BUGS TAKING GOLD MAINSTREAM
Gold has long been favored by a fringe of the investment world, but
this year some of the world's leading hedge-fund managers have loaded
up on the precious metal amid concern government efforts to avoid
another Great Depression that could undermine major currencies and
fuel rampant inflation
GOLD RALLIES TO FRESH HIGH ON DOLLAR, IRAN
Gold futures rally to a new high as dollar weakness as well as
escalating tensions between Iran and the west boost gold's appeal as a
safe-haven asset and a hedge against inflation.
GOLD WATCHERS DIVIDED ON FUTURE OF RALLY
While many gold watchers warn that the metal may be rising to high too
ffst, thers say the gains still have a long way to go.
Existing home sales surge 10.1% in October to highest level since February 2007, Realtors group says.x
Existing home sales surge 10.1% in October to highest level since
February 2007, Realtors group says.
Dow jumps more than 100 points, Nasdaq, S&P 500 rise over 1%.
U.S. stocks open sharply higher, following a rally in global markets.
Dow jumps more than 100 points, Nasdaq, S&P 500 rise over 1%.
Sunday, November 22, 2009
Breaking News: Senate Democrats hit 60-vote number to move ahead on health bill
Democrats have hit the 60-vote number needed to move ahead on
historic health care legislation after Sens. Blanche Lincoln (D- Ark.)
and Mary Landrieu (D- La.) said they would vote yes.