Friday, December 18, 2009
Breaking News: Leaders reach deal on climate change
COPENHAGEN (AP) - The United States and four other countries,
including China, have reached a climate agreement that includes a way
to verify reductions of heat-trapping gases, a senior administration
official said. President Obama called the deal - the details of which
were still emerging - a "meaningful and unprecedented breakthrough."
But he added that "a fundamental deadlock in perspectives" prevented a
more substantial agreement
Markets Friday, 12/18/2009
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| Dow : 10328.89 up 20.63 | S & P : 1102.47 up 6.39
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| NASDAQ: 2211.69 up 31.64 | Bond (10Y): 3.54%, 98.59
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MARKETS:
Stocks gain in volatile session, end week lower
Wall Street boosted thanks to Oracle and Research in Motion. But most
indexes ended lower for the week, and trade was choppy with little
economic news and contract expirations.
Stocks finish flat week with gains, led by advances in tech shares. Dow rises 28 points. Nasdaq up 1.5%.
Stocks finish flat week with gains, led by advances in tech shares.
Dow rises 28 points. Nasdaq up 1.5%.
U.S. stock market finds some cheer in technm
U.S STOCK MARKET FINDS SOME CHEER IN TECH
The technology sector is again illustrating why it's the best
performing sector of 2009, as results from software giant Oracle Corp.
help propel the Nasdaq Composite Index to weekly gains even as the
broad market loses ground.
OBAMA SEEKS TO SEAL DEAL IN COPENHAGEN
President Barack Obama arrived in Copenhagen Friday and very quickly
become the focus of a faltering climate deal as the U.N. summit
reached its final, whirlwind day of negotiations.
RYANAIR ENDS TALKS TO BUY 200 BOEING JETS
The Irish low-cost carrier has no plans to re-open discussions with
Boeing's rival Airbus.
U.S. STOCKS TURN LOWER AS DOLLAR STRENGTHENS
Although the Dow Jones Industrial Average takes a turn south, the
technology sector remains strong, thanks to better-than-expected
reports from Research In Motion and Oracle.
BANKS DRAG EUROPE STOCKS TO WEAKER CLOSE
European shares on Friday failed to hold early gains, closing lower on
concerns over the need for fund raising by banks.
Stocks open higher, with tech shares getting a boost from Oracle and BlackBerry maker RIM. Dow rises 45 points.
Stocks open higher, with tech shares getting a boost from Oracle and
BlackBerry maker RIM. Dow rises 45 points.
Thursday, December 17, 2009
Markets Thursday, 12/17/2009
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| Dow : 10308.26 down 132.86 | S & P : 1096.08 down 13.10 |
| NASDAQ: 2180.05 down 26.86 | Bond (10Y): 3.48%, 99.09
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MARKETS:
Stocks slump on global jitters
Fed decision fails to inspire confidence; investors concerned over
Greek finances.
Dow finishes down 132 points as bank shares slump. Citi tumbles 7%. Nasdaq, S&P drop 1.2%
Dow finishes down 132 points as bank shares slump. Citi tumbles 7%.
Nasdaq, S&P drop 1.2%
U.S. stocks slip after rise in jobless claims
U.S. STOCKS SLIP AFTER RISE IN JOBLESS CLAIMS
Stocks decline despite better-than-expected reports on manufacturing
and leading economic indicators, as investors focus on an unexpected
rise in weekly jobless claims.
HOUSE APPROVES INCREASE IN U.S. DEBT CEILING
The U.S. will be able to borrow for a few more months under
legislation passed by House lawmakers.
HEALTH DEBATE BACK ON TRACK AFTER DELAY
Buoyed by a pep-talk from President Barack Obama, Senate Democrats are
striving towards the finish line on health-care reform even as a new
poll shows public fears about higher costs and worsened care.
FED, GREEK WORRIES SEND DOLLAR TO 3-MONTH HIGH
A combination of faith in the recovery of the U.S. economy, Federal
Reserve policy and worries about the ability of Greece to service its
debt sent the dollar to multi-month highs.
NATURAL GAS RALLIES ON BIG DROP IN SUPPLIES
Futures jump after U.S. stockpiles fall more than expected as cold
temperatures across the U.S. boost demand for heating.
Senate Banking Committee confirms Bernanke for 2nd term as Fed chief by vote of 16-7. Confirmation moves to full Senate.
Senate Banking Committee confirms Bernanke for 2nd term as Fed chief
by vote of 16-7. Confirmation moves to full Senate.
U.S. leading economic indicators up 0.9% in November
U.S. leading economic indicators up 0.9% in November
12/17/2009 10:01:23 AM EDT
Stock selloff accelerates, with the Dow falling more than 100 points, amid a rising dollar and ongoing jitters over the economy.
Stock selloff accelerates, with the Dow falling more than 100 points,
amid a rising dollar and ongoing jitters over the economy.
Number of people filing for first-time unemployment benefits rose 7,000 last week to 480,000, U.S. says.
Number of people filing for first-time unemployment benefits rose
7,000 last week to 480,000, U.S. says.
Stocks open lower as investors remain jiitery about the economy after the Fed left rates unchanged and overseas markets slide.
Stocks open lower as investors remain jiitery about the economy after
the Fed left rates unchanged and overseas markets slide.
Wednesday, December 16, 2009
Bank of America names Brian Moynihan, head of BofA consumer and small business banking, to succeed Ken Lewis as CEO.
Bank of America names Brian Moynihan, head of BofA consumer and small
business banking, to succeed Ken Lewis as CEO.
Markets Wednesday, 12/16/2009
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| Dow : 10441.12 down 10.88 | S & P : 1109.18 up 1.25 |
| NASDAQ: 2206.91 up 5.86 | Bond (10Y): 3.59%, 98.13
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MARKETS:
Stocks skid after Fed holds rates
Central bank says economy will remain weak for some time but will then
see 'strengthening of economic growth.'
Stocks finish mixed after the Fed leaves interest rates near 0%. Dow eases 8 points. Nasdaq, S&P post slight gains.
tocks finish mixed after the Fed leaves interest rates near 0%. Dow
eases 8 points. Nasdaq, S&P post slight gains.
Oil nears $73 as supplies drop, ahead of Fed
OIL NEAR $73 AS SUPPLIES DROP, AHEAD OF FED
Futures jump 3% to trade near $73 a barrel, after a report that U.S.
crude inventories fell more than expected last week.
ENERGY STOCKS UP ON BULLISH OIL SUPPLY DATA
Energy stocks rose early Wednesday on a set of surprisingly bullish
weekly U.S. oil supply numbers and ahead of an announcement on
interest rates from the Federal Open Market Committee.
BEN BERNANKE NAMED TIME'S PERSON OF YEAR
Time magazine names Federal Reserve Chairman Ben Bernanke its person
of the year for 2009, saying the weak economy could have been far
worse if not for the mild-mannered academic.
TIME PICKS A WINNER WITH BERNANKE
Time made the right choice when it picked Fed Chairman Ben Bernanke as
Person of the Year, writes Jon Friedman.
FED STARTS LAST POLICY MEETING OF YEAR
Federal Reserve policy makers gather Tuesday afternoon for a two-day
closed-door meeting, and economists expect the central bank will end
the year on a steady note in order not to roil the skittish financial
markets.
Stocks open higher as investors digest latest readings on housing and inflation. Dow rises 45 points.
Stocks open higher as investors digest latest readings on housing and
inflation. Dow rises 45 points.
New homes starting construction in November rose by 8.9% to an annualized rate of 574,000, matching analysts' expectations.
New homes starting construction in November rose by 8.9% to an
annualized rate of 574,000, matching analysts' expectations.
Federal Reserve Chairman Ben Bernanke named Person of the Year bnny Time Magazine.
Federal Reserve Chairman Ben Bernanke named Person of the Year by Time Magazine.
Tuesday, December 15, 2009
Markets Tuesday, 12/15/2009
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| Dow : 10452.00 down 49.05 | S & P : 1107.93 down 6.18 |
| NASDAQ: 2201.05 down 11.05 | Bond (10Y): 3.58%, 98.22
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MARKETS:
Wall Street breaks win streak
A four-session run peters out, a day after the leading indexes end at
14-month highs, on mixed economic news and a stronger dollar.
Stocks finish lower after a selloff in bank shares. Dow falls 48 points. S&P, Nasdaq lose about 0.5%
Stocks finish lower after a selloff in bank shares. Dow falls 48
points. S&P, Nasdaq lose about 0.5%
Financials remain thorn is stock market's side
FINANCIALS REMAIN THORN IS STOCK MARKET'S SIDE
News that Citigroup and Wells Fargo are paying back government funds
did little to bolster a sector plagued by rising delinquencies and a
hobbled lending environment.
U.S. STOCKS DROP AS WHOLESALE PRICES HEAD HIGHER
Concerns over rising wholesale prices and deteriorating manufacturing
conditions send stocks lower, although gains in commodities help to
pare earlier declines.
BEST BUY PROFIT TOPS VIEW; STOCK HIT ON MARGIN
Boosted by U.S. holiday shoppers buying items from laptop computers to
mobile phones, Best Buy's third-quarter profit more than quadruples as
the retailer raises its forecast for the full fiscal year. But
investor concerns about margins for the all-important fourth quarter
leave Best Buy's shares on the defensive.
RETAIL STOCKS FALL; BEST BUY HIT ON MARGIN OUTLOOK
Retail stocks fall after No. 1 U.S. electronics chain Best Buy Co. says
fourth-quarter gross margin, a measure of profit, would be worse than
expected in the face of deflation in notebook computers and flat panel
televisions.
KRAFT CHALLENGES CADBURY'S UPBEAT FORECAST
Kraft claims the U.K. chocolate producer is being ambitious over
targets it's never previously achieved.
Energy: Oil service shares gain, oil stocks flat
Shares of oil and natural gas drillers rose Tuesday while oil and
natural gas shares traded flat as investors eyed fresh data showing
higher producer prices.
Wholesale-level inflation runs hotter in November, U.S. data show
Wholesale-level inflation runs hotter in November, U.S. data show
12/15/2009 8:32:14 AM EDT
Stocks open lower as investors digest readings on wholesale prices and manufacturing. Dow slides 34 points.
Stocks open lower as investors digest readings on wholesale prices and
manufacturing. Dow slides 34 points.
Monday, December 14, 2009
Markets Monday, 12/14/2009n
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| Dow : 10501.05 up 29.55 | S & P : 1114.11 up 7.70
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| NASDAQ: 2212.10 up 21.79 | Bond (10Y): 3.55%, 98.50
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MARKETS:
Wall Street jumps to 14-month highs
Stocks advance as financing from Abu Dhabi cools default worries.
Citigroup closes deal to repay TARP.
Dow finishes higher, closing above 10,500 for the first time since October 2008
Dow finishes higher, closing above 10,500 for the first time since October 2008
12/14/2009 4:06:46 PM EDT
Breaking News Mon., December 14, 2009
Report: Iran to Put American Hikers on Trial [5:38 a.m. ET]
Breaking News Mon., December 14, 2009
Report: Iran to Put American Hikers on Trial [5:38 a.m. ET]
Exxon Mobil to buy XTO Energy in $41 billion deal
EXXON MOBIL TO BUY XTO ENERGY $41 BILLION DEAL
Exxon Mobil will acquire domestic energy giant XTO Energy in an
all-stock deal as it moves to boost its presence in the unconventional
natural-gas business.
OBAMA CALLS BANKERS 'FAT CATS' BEFORE MEETING THEM
President Barack Obama is meeting with the top executives of the
nation's largest banks, on the heels of blasting some as "fat cats."
CITI TO REPAY $20 BILLION OF GOVERNMENT AID
The bank will sell about $20 billion in new securities to pay back the
government's aid under the Troubled Asset Relief Program.
VISA SHARES RISE ON S&P 500 NOD
Visa shares get a premarket lift, gaining on the payment processor's
impending inclusion in the widely followed S&P 500 Index.
U.S. STOCKS RISE AS DEAL LIFTS ENERGY SECTOR
Exxon Mobil's deal to buy XTO Energy spurs more consolidation
speculation, but concerns about the financial sector limit the
market's gains.
Stocks open higher after Citi reaches a deal to repay its $20 billion bailout and Dubai secures financing to avoid default.
Stocks open higher after Citi reaches a deal to repay its $20 billion
bailout and Dubai secures financing to avoid defaultws.
Sunday, December 13, 2009
Breaking News: Senate passes $1.1 trillion bill
WASHINGTON - The Senate voted 57-35 to pass the spending bill that
includes budget increases for vast areas of the U.S. government. The
measure goes to President Obama for his signature.
