Stocks start busy week of earnings higher after upbeat report from Royal Philips ElectronicsOctober 12th, 2009 Stocks open moderately higher ahead of earningsNEW YORK — Stocks are extending recent gains at the start of a busy week of earnings. Major market indicators rose moderately early Monday, getting a boost from European stocks, which jumped after Royal Philips Electronics issued a better-than-expected profit report.
Stocks open slightly higher after retail sales, weekly unemployment reports, Wal-Mart earningsAugust 13th, 2009 Stocks creep higher after jobs, retail dataNEW YORK — Stocks are pushing moderately higher after a better-than-expected earnings report from Wal-Mart helped to offset disappointing data on jobs and retail sales. Investors are hesitantly adding to Wednesday' big gains, which came after upbeat comments from the Federal Reserve.
Stocks push higher as August trading begins amid signs of healing in manufacturing, housingAugust 3rd, 2009 Stocks extend gains after manufacturing reportNEW YORK — Another dose of good economic news is sending stocks higher. The Institute for Supply Management reports that while manufacturing activity slowed during July, it did so at the slowest pace in nearly a year.
US stocks crawl higher after Goldman Sachs earningsJuly 15th, 2009 NEW YORK - US stocks edged up Tuesday after Goldman Sachs posted surprising quarterly earnings and retail earnings rose by the most since January. Goldman Sachs overwhelmed Wall Street expectations, earning $2.7 billion in the second quarter of the year despite the ongoing economic crisis, its best performance since a record year in 2007.
Financial shares push US stocks higherJuly 10th, 2009 NEW YORK - US stocks edged up Thursday, led by financial shares, which were buoyed by a positive report on banking giant Goldman Sachs. Bank of America suggested buying Goldman Sachs shares, helping financial firms close 1.4 percent higher on the day.
Stocks gain after days of selling; Investors grow more hopeful about the economyJune 19th, 2009 Stocks push higher after sluggish weekNEW YORK — Investors are shedding some of their caution about the economy. Stocks rose Friday, following gains in markets overseas and a round of buying on Thursday as better-than-expected economic data suggest the U.S.
Stocks nudge higher as investors await word on bank loan repayments; Fiat sticks by ChryslerJune 9th, 2009 Stocks edge higher as investors look to banksNEW YORK — Investors are showing little reaction to word that 10 of nation's largest banks can repay $68 billion in bailout money. Stocks are moderately higher but traders are reacting coolly to the Treasury Department's announcement that the banks, which were not named, will be allowed to repay the money they received from the $700 billion emergency rescue fund created by Congress at the height of the financial crisis in October.
Investors push stocks higher, relieved by better-than-expected jobs data, stress test resultsMay 9th, 2009 Stocks rise on better-than-expected jobs dataNEW YORK — Stocks soared Friday as Wall Street cheered the positive news it had been hoping for: Job losses slowed in April and big banks don't need as much capital as some had feared. All the major indicators rose more than 1 percent, including the Dow Jones industrial average, which jumped 165 points.
Stocks open higher on Labor Department report showing drop in job lossesMay 8th, 2009 Wall Street opens higher open after jobs dataNEW YORK — Stocks soared in early trading Friday as Wall Street cheered the positive news it had been hoping for: job losses slowed in April and big banks don't need as much capital as feared. The Labor Department said employers cut 539,000 jobs last month, the fewest in six months and much less than the 620,000 job losses analysts expected.
Gold, other commodities move higher, buoyed by falling dollar, rising stocksMay 8th, 2009 Gold moves higher as dollar falls, stocks rallyNEW YORK — Gold prices and other commodities are higher, buoyed by a falling dollar and an increasingly upbeat outlook on the economy. Positive news about banks' balance sheets has driven investors into stocks and other more risky assets and away from the dollar, which is considered a safe haven.
Stocks open higher after ADP report says job losses slowed in AprilMay 6th, 2009 Stocks open higher as report says job losses slowNEW YORK — Stocks are higher in early trading following data indicating job losses are slowing. A big improvement Wednesday in the ADP National Employment Report is buoying the mood on Wall Street and easing worries that banks will need to raise more capital than previously thought.
Stocks step up gains as reports douse worries about unemployment and 'stress tests' on banksMay 6th, 2009 Stocks jump as fears ease about jobs, banksNEW YORK — Investors grabbed stocks Wednesday as fears eased about the health of banks and unemployment. The stock market picked up steam in afternoon trading as reports trickled out that indicated balance sheets at the nation's biggest banks might not be as frayed as some investors had feared.
Gold prices dip as remarks from Treasury Secretary Geithner spur buying on Wall StreetApril 21st, 2009 Gold prices dip as stocks move higherNEW YORK — Gold prices are slightly lower as stocks gain ground. Oil prices are flat, while grain prices are up.
Australian stocks hit five-year lowMarch 3rd, 2009 SYDNEY - Australian stocks followed Wall Street down in early trading Tuesday, giving up 1.9 percent to levels not seen since 2003. At the opening bell the ASX 200 lost a whopping 2.5 percent before bargain-hunters came in to help stocks claw back ground.
Wall Street's rise, weaker yen push Tokyo stocks upJanuary 18th, 2009 TOKYO - Stocks opened higher Monday in Tokya on Wall Street's Friday rises and a weaker yen. The Nikkei 225 Stock Average went up 62.92 points, or 0.76 per cent, to 8,293.07.
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