Dollar climbs against euro, pound on corporate deals as markets await economic dataSeptember 30th, 2009 Dollar climbs as markets await economic dataNEW YORK — The dollar rose against the euro and the pound Monday as several corporate deals reassured investors about the economy, while markets await U.S. economic data and a key jobs report due later in the week.
Dollar climbs against major currencies on growing concerns about the banking industry, economySeptember 1st, 2009 Dollar climbs on growing worries about the economyNEW YORK — The dollar advanced against major currencies Tuesday as growing worries about the banking industry and the overall economy drove investors to the safe-haven currency. The 16-nation euro fell to $1.4213 from $1.4329 it bought late Monday, while the British pound slipped to $1.6161 from $1.6266.
Sharp sell-off in stocks leads investors to park more money in gold; Other metals dipSeptember 1st, 2009 Gold prices gain on safe-haven buyingNEW YORK — Gold prices inched higher Tuesday as a sharp sell-off in stocks drove investors to look for traditionally safe places to park their money. A six-month rally in stocks came to a halt amid fresh worries about the health of the banking industry and the economy, leading investors to take money out of stocks and move it to safe-haven assets like the dollar, government bonds and gold.
Investors push into safety of the dollar on continued worries about consumer spending, economyAugust 17th, 2009 Dollar rises on continued worries about consumersNEW YORK — The dollar rose Monday as investors continued to worry about consumer spending, while the Federal Reserve said most banks expect their lending to remain tight through the second half of next year. In late trading Monday, the 16-nation euro fell to $1.4085 from $1.4170 late Friday, while the British pound slid to $1.6340 from $1.6506.
World stocks, oil prices tumble on US consumer worries despite Japanese growthAugust 17th, 2009 World stocks, oil tumble on US consumer worriesLONDON — World stock markets and oil prices slid Monday as worries about the consumer outlook in the U.S. reined in hopes about the pace of any global economic recovery — despite the news that Japan has climbed out of recession.
World stocks, oil prices slide on US consumer worries despite Japanese growthAugust 17th, 2009 World stocks, oil slide on US consumer worriesLONDON — World stock markets and oil prices fell sharply Monday as worries about U.S. consumer spending reined in hopes for a quick global economic recovery — causing investors to look past the news that Japan has climbed out of recession.
Treasurys slip, driving yields slightly higher, as investors flood stocks ahead of earningsJuly 13th, 2009 Treasurys slip as investors flood into stocksNEW YORK — Treasurys retreated Monday, driving yields slightly higher, as investors abandoned the safety of government debt and flooded into stocks. Investors had a bigger appetite for risk ahead of key earnings reports this week from big name companies including Goldman Sachs Group Inc., Johnson & Johnson and General Electric Co.
Asian stocks extend losses amid economic jitters, Japan political uncertainty; Europe flatJuly 13th, 2009 Asia stocks fall amid economy jitters; Europe flatHONG KONG — Asian markets extended their slide Monday as hopes for a strong economic turnaround continued to fade amid new political uncertainty in Japan and worries over earnings results from major U.S. companies. European markets were little changed in early trade.
Asian stocks extend losses as investors can't shake economic jitters; Tokyo drops 2.1 percentJuly 13th, 2009 Asian stocks extend losses amid economic jittersHONG KONG — Asian markets extended their slide Monday as confidence about a stronger economic turnaround continued to wane ahead of earnings results from major U.S. companies. Every major market dropped, with Japan's index racking up its ninth straight loss amid reports the country's embattled prime minister was dissolving parliament and calling general elections for next month.
Stocks move lower as falling oil prices, earnings jitters weigh on marketJuly 10th, 2009 Stocks falter as earnings jitters increaseNEW YORK — Investors seem to be running short on hope. With little upbeat news ahead of a crush of corporate earnings reports next week, stocks on Friday hit their longest losing streak since the market's spring rally began in early March.
Stocks dip as investors seek more info on economy, earningsJuly 10th, 2009 Stocks fall as earnings jitters increase
NEW YORK — Falling oil prices and unease over corporate earnings put pressure on stocks Friday. Stocks are mostly lower in early trading, as investors shed positions in energy, utilities and bank shares.
Dollar climbs on mixed IMF outlook, consumer borrowing as investors seek safe havensJuly 8th, 2009 Dollar advances as investors seek safe havensNEW YORK — The dollar continued to climb Wednesday as investors moved more assets into the safety of the American currency after consumers trimmed borrowing in May for the fourth straight month and the International Monetary Fund gave a mixed outlook on the economy. In late New York trading Tuesday, the 16-nation euro fell to $1.3851 from $1.3927 late Tuesday, while the British pound dropped to $1.6027 from $1.6153.
Stocks open lower as global markets slump, investors worry about recession, await earningsJuly 6th, 2009 Stocks fall amid recession worriesNEW YORK — Investors retreated again Monday as investors around the world grow pessimistic about how quickly the economy's can recover. Following the lead of stock markets around the world, investors took their cues from the tumbling price of oil.
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.
Gold closes above $900 for first time in weeks, rising for 2nd straight dayApril 23rd, 2009 Gold prices rise for 2nd straight dayNEW YORK — Gold prices are higher, closing above $900 for the first time in three weeks as investors move some money back into the safe-haven investment while stocks waver on Wall Street. Oil and grain prices are also up slightly.