- albena
- 26 Apr, 2005
- New York City
Contradictory economic data held stocks mixed Tuesday and investors stayed away waiting for next week's Federal Reserve Rate decision. The Commerce Department's report marked a growth in new home sales last month.
- 123jump.com Staff
- 25 Apr, 2005
- New York City
It was a day when deals, oil, housing and casino stocks ruled. And Google continued its climb adding 3.57% to the marathon win on Friday. Investors believe that more merger news will only drive the markets higher and the meeting between Saudi prince and President will bring more oil supply to the market.
- albena
- 25 Apr, 2005
- New York City
After last week's ardent volatility, mergers and acquisitions bolstered moderate buying on Wall Street Monday. U.S. stocks surged on news of a deal that would create North America's largest refiner of crude oil and blue chips were lifted by a huge order for airplane manufacturer Boeing Co.
- albena
- 25 Apr, 2005
- New York City
Major markets in Asia closed higher Monday, as positive corporate earnings offset the investors
- 123jump.com Staff
- 22 Apr, 2005
- New York City
Lack of conviction drove the markets in negative range and weaker earnings from the consumer sector did not help. Supply worries at refineries in the U.S. and violence in Saudi Arabia managed NY oil to spike up more than a dollar and gasoline by 4%.
- albena
- 22 Apr, 2005
- New York City
U.S. stocks fell today after the prior session's biggest one-day gain in two years. The largest U.S. warehouse club operator Costco Wholesale Corp. plunged on a dissatisfactory outlook. Oil prices jumped toward $55 a barrel.
- albena
- 22 Apr, 2005
- New York City
After Philadelphia Federal Reserve Bank's manufacturing index relieved the worries about a slowdown in the U.S. economy, the dollar flipped its week-long decline to revive from one-month lows against the euro on Thursday. U.S. stocks experienced their biggest one-day rush in 2 years.
- 123jump.com Staff
- 21 Apr, 2005
- New York City
Fall in unemployment numbers and strong earnings drive the markets in positive. Broad gains were reported in trasportation sector, hotels, techs, internet, and metals and mining sectors. Greenspan cautioned on the unsustainability of budget deficits and Chinese need to revalue currency peg.
- albena
- 21 Apr, 2005
- New York City
Inflation worries were relieved and stocks revived quickly Thursday as investors warmly welcomed surprisingly the sound earnings from Nokia and Motorola. This fresh awakening was also bolstered by the news that the NYSE plans to merge with electronic trader Archipelago Inc.
- albena
- 21 Apr, 2005
- New York City
The dollar continued its slide on Thursday, hitting one-month lows against the euro after boosted U.S. consumer prices mixed U.S. stocks and raised the worries about the possibility of stagflation in the United States. Recent signs of slowing growth combined with the slow-moving March retail sales have fueled the pressure on the U.S. currency.
- 123jump.com Staff
- 20 Apr, 2005
- New York City
Steady drumbeat of good earnings report continued to roll this morning. However, market decided to focus on March consumer price index report. The core inflation was significantly higher than expected pushing the market averages lower.
- albena
- 20 Apr, 2005
- New York City
U.S. tech shares climbed on Wednesday bolstered by better-than-expected earnings from leading companies such as Caterpillar Inc. and Intel Corp.
- albena
- 20 Apr, 2005
- New York City
Stocks stabilized yesterday on stronger buying fueled by several sound earnings reports and brighter inflation data. US stocks felt relief when the core Producer Price Index rose by only half of what analysts had forecast.
- 123jump.com Staff
- 19 Apr, 2005
- New York City
March wholesale inflation of 0.7%, below expectations, sparked market rally in the morning supported by steady stream of earning in financial sector, home building and tech companies which led to averages close higher.
- albena
- 19 Apr, 2005
- New York City
Technology stocks got boosted by Texas Instruments Inc. solid earnings. Several Dow components including Pfizer Inc. and Coca-Cola Co. reported higher-than-expected earnings and sent U.S. stocks higher, lifting investors sentiment.