Stocks rise in early trading after two-week slide; investors await data on service industryOctober 5th, 2009 Stocks advance ahead of service industry dataNEW YORK — Stocks rose early Monday after a two-week slide in the market and as traders prepared for a report on the service industry. Investors are looking to the report on the services industry for any sign of an economic recovery.
Stocks advance as service industry index signals growth for first time in a yearOctober 5th, 2009 Stocks rise as service industry activity improvesNEW YORK — The first growth in the service industry in a year and an upgrade of big banks pulled investors into the stock market after a two-week slide. Major stock indicators rose jumped about 1 percent Monday, including the Dow Jones industrial average, which added 112 points.
Airline shares fall as investors cash in after steady climbSeptember 18th, 2009 Sector Snap: Airlines shares sagNEW YORK — Investors sold off airline shares Friday morning as the broader market managed some small gains. Airline stocks have been steadily rising over the past couple of weeks along with the rest of the market as hopes grow for an economic recovery.
Oil drops below $69 as US dollar rebounds, Asian stocks slideSeptember 13th, 2009 Oil drops below $69 as dollar gains, stocks slideOil prices dropped below $69 a barrel Monday, hurt by a rise in the U.S. dollar, which tends to weigh on commodities, and a slide in regional stock markets.
Stocks sink even after improvements in manufacturing, housing; Dow drops 165 pointsSeptember 1st, 2009 Stocks shrug off better factory data, head lowerNEW YORK — The stock market's rally finally gave way on Tuesday, sending shares sharply lower as investors concluded that a six-month surge was overdone. At midday, all the major indexes fell more than 1.5 percent, including the Dow Jones industrials, which lost about 165 points.
Airline stocks lose altitude as broader markets stallAugust 27th, 2009 Sector Snap: Airlines sputter as market waversNEW YORK — Airline stocks sputtered Thursday despite lower oil prices, as the broader market moved between losses and gains. Benchmark crude for October delivery fell $1.07 to $70.36 a barrel on the New York Mercantile Exchange.
Airline stocks rise on gains in broader market, dip in oil pricesAugust 20th, 2009 Sector Snap: Airline stocks riseNEW YORK — Shares of the largest U.S. airlines rose on Thursday as investors grabbed at signs that the economy might be improving.
Airline stocks rise modestly with gains in broader marketAugust 18th, 2009 Sector Snap: Airlines stocks riseNEW YORK — Airline stocks rose modestly at midday Tuesday, gliding upward on gains in the broader stock indexes as investors recovered from the previous day's sell-off. An analyst at UBS raised his target prices on airline stocks, saying that July and August revenue at the carriers was a bit better than he had expected.
Airline shares slide after weak earnings, no pick-up in demand on the radarJuly 21st, 2009 Sector Snap: Airline shares fallATLANTA — Airline shares fell Thursday as oil prices ticked higher and the broader stock market was hammered. In afternoon trading, the Dow fell 146.47 points to 9,565.81.
Slide in commodity prices accelerates as doubts about economic recovery growJuly 8th, 2009 Commodities slide on doubts about economic reboundNEW YORK — Metals and energy prices are extending their losses amid growing anxiety about the potential for a quick and robust economic recovery. Investors are moving out of risky assets like commodities and stocks and seeking shelter in traditionally safe-haven investments such as the dollar and Treasurys.
Airline shares make modest gains as jump in durable goods orders sends market higherJune 24th, 2009 Sector Snap: Airlines gain back some lossesNEW YORK — Investors on Wednesday picked up airline shares pushed down by a two-day sell-off. The broader stock market rose, with investors upbeat about a Commerce Department report saying durable goods orders rose 1.8 percent in May.
Airline shares lower as broader market wobblesJune 23rd, 2009 Sector Snap: Airline shares lose more groundNEW YORK — Airlines shares lost ground again on Tuesday, as the broader market moved lower. The AMEX Airline Index lost about 2 percent, with 10 of 13 component stocks lower.
Stocks turn lower, breaking a 4-day advance, despite better indicator on factory ordersJune 3rd, 2009 Better data on factory orders fails to lift stocksNEW YORK — Investors are sending stocks lower, finding little comfort in data showing an ease of the economy's slide. The slide early Wednesday broke a four-day advance in the market, and many analysts said a pullback was due after the strong rise since last week.
Airlines shares climb as stock markets rise on hopeful economic data, upbeat analysts' reportsJune 1st, 2009 Sector Snap: Airlines fly with broader marketNEW YORK — Shares of U.S. airlines rose in Monday trading, following the broader market higher on better-than-expected economic data, including manufacturing, consumer spending and construction spending.
Stocks open moderately higher despite worse-than-expected reading on the economyApril 29th, 2009 Stocks open slightly higher after 2 days of lossesNEW YORK — Investors are sending stocks higher following two days of losses, even after a worse-than-expected reading on the economy. The Commerce Department says the gross domestic product shrank at an annual rate of 6.1 percent at the start of this year.
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