-
Sentiments Improve With Less-Severe-Than-Anticipated Changes In Financial Regulation; US Stocks Inch Up
Friday, June 25, 2010 - 3:59pm | 196Read More...US stocks are moving up gradually in late afternoon trading, driven by relief felt by investors from less-severe-than-expected changes in the financial regulation. The improved sentiment has helped markets recoup a portion of the losses incurred over the week. While the Dow Jones Industrial...
-
US Stocks Fell Yesterday, With News Of The Yuan Drawing Investor Attention
Tuesday, June 22, 2010 - 8:08am | 254Read More...US stocks ended in negative territory yesterday, as markets focused on the speed at which China will revalue the yuan. Concerns over Europe’s debt woes returned to the forefront, with France-based banking group BNP Paribas suffering a cut in its ratings. Speaking of China’s yuan decision,...
-
US Stocks Edged Higher On Friday, Led By Caterpillar, Gold
Monday, June 21, 2010 - 8:02am | 209Read More...US stocks climbed on Friday, as investors got positive on Asia's economy after Caterpillar Inc (NYSE: CAT) announced its earnings report. However, concerns regarding the European crisis persisted, keeping a check on the session’s gains. The euro lost strength, while gold futures reached a record...
-
Late Rally Led US Stocks To Finish In The Black Yesterday, With Support From Tech, Euro
Friday, June 18, 2010 - 7:01am | 239Read More...US stocks ended in the positive yesterday, followed by a reversal in trend during the session’s late hours, as the stocks returned on track for strong weekly gains. The tech sector uplifted the markets, preventing the below-estimates economic data from weighing down Wall Street for too long. The...
-
US Stocks Finished Even Yesterday, BP To Pay $20 Billion And Shelf Dividend
Thursday, June 17, 2010 - 10:21am | 220Read More...US stocks failed to create a stir in the markets yesterday and ended almost flat after weakness in the early morning trade, as US home builders reduced construction effort more than expected. Yesterday, oil major BP PLC (NYSE: BP) spoke to President Obama and decided to pay $20 billion for Gulf oil...
-
US Stocks, Led By Broad Market Rally, Soared Yesterday
Wednesday, June 16, 2010 - 6:50am | 221Read More...US stocks finished deep in the black yesterday, as the markets gained strength, driven by the S&P 500 crossing its 200-day moving average. The euro also surged beyond $1.23, reflecting investor confidence in Europe's ability to resolve the sovereign debt crisis. The Dow Jones Industrial Average...
-
US Stocks Were Hit Yesterday After A Cut In Greece's Sovereign Ratings
Tuesday, June 15, 2010 - 7:26am | 242Read More...US stocks finished in the red yesterday, as Greece's government-bond ratings were downgraded four notches to Ba1, a junk-grade rating, by Moody's Investors Service. The cut in ratings again triggered worries about Europe’s economic recovery. The Dow Jones Industrial Average slipped 20.18 points, or...
-
US Stocks Finished In The Black On Friday As Fears Over European Debt Ebbed
Monday, June 14, 2010 - 5:59am | 265Read More...US stocks posted gains on Friday and ended the second week of June in the positive territory. Investors looked beyond the disappointing May retail sales data and concentrated on optimistic consumer sentiments. Concerns over European debt woes also ebbed. The Dow Jones Industrial Average kept...
-
US Stocks Finished In The Negative Territory On Friday, Erasing This Year’s Gains
Monday, June 7, 2010 - 7:30am | 232Read More...US stocks plunged on Friday as the stack of worries led the major US stock indexes to end in the red for the year. The Dow again slid below the 10,000 mark and the euro ended at a four-year low, making Europe's ability to resolve the sovereign debt crisis appear dubious. While the current market...
-
US Stocks Ended In The Black Yesterday Ahead Of May Employment Report
Friday, June 4, 2010 - 6:35am | 272Read More...US stocks closed marginally higher yesterday, with the energy and technology sectors leading the gains. However, profits remained modest ahead of the May employment data that is scheduled to be released today. In yesterday’s earlier trading hours, stocks rose in light of the mixed job reports....
-
US Stocks Rebounded Yesterday To Break The Last Two Days’ Losing Streak
Thursday, June 3, 2010 - 6:20am | 272Read More...US stocks rallied today to reclaim most of the losses suffered during a two-session retreat, as investors scooped up energy stocks and other battered shares. US stocks surged yesterday, erasing most of the losses incurred during the past two trading days. Energy stocks made a comeback after being...
-
US Stocks Closed Sharply Lower Yesterday, With Energy Sector Leading The Losses
Wednesday, June 2, 2010 - 5:41am | 243Read More...US stocks finished deep in the red yesterday, with losses pouring in close to the end of the session. Gains, led by positive economic reports, were erased in the late trading hours as tensions around Europe and BP’s incapability to control the oil spill started building up. The Dow Jones Industrial...
-
Stocks Getting A Lift From ISM Data
Tuesday, June 1, 2010 - 10:56am | 76Read More...NEW YORK (TheStreet) -- US stocks strengthened Tuesday as stronger-than-expected US manufacturing data helped reverse earlier losses. The Dow Jones Industrial Average was up by 58 points, or 0.6%, to 10,195. The S&P 500 was gaining 4 points, or 0.4%, to 1094 and the Nasdaq was ahead by 18...
-
US Stocks Surged Yesterday As China Concerns Abated
Friday, May 28, 2010 - 5:00am | 307Read More...US stocks made steep gains yesterday as China dismissed any plans of selling its holdings in European bonds. Major indices around the world rose after the agency that manages China's $2.5 trillion in foreign reserves denied reports of China’s plans of selling European debt held by the country....
-
US Stocks Surge At Open On Reassurance By China
Thursday, May 27, 2010 - 10:08am | 95Read More...US stocks opened steeply up today as China dismissed rumors of its plans to sell its holdings in European bonds. By 9:45 am, the Dow Jones Industrial Average had climbed 157.57 points, or 1.58%, to 10,132. The S&P 500 Index rose 20.50 points, or 1.92%, to 1,088 and the Nasdaq Composite...












