- albena
- 27 Apr, 2005
- New York City
Stocks slid Wednesday as a surprisingly lofty plunge in durable goods orders provoked new worries about the strength of the economy, shadowing earnings news from Verizon Communications Inc. and other companies. However, falling oil prices allowed stocks to trim losses.
- albena
- 27 Apr, 2005
- New York City
Tokyo stocks tumbled after slow-moving U.S. stocks and a cheerless outlook from the major European chipmaker Infineon Technologies AG convinced some investors to sell tech and semiconductor issues.
- 123jump.com Staff
- 26 Apr, 2005
- New York City
IBM raised quarterly dividend by 11% to 20 cents a quarter, March new home sales jumped 10% but markets focused on earnings misses from Zoll Medical, Dupont, Mittal, Lexmark, overshadowing the good earnings from Chubb, American Express and Coach, T. Rowe Price, Wrigley and publisher Thomson.
- 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.