Stocks edge higher as service industry index signals growth for first time in a yearOctober 5th, 2009 Stocks edge up as service industry activity risesNEW YORK — Stocks are struggling to hold their gains after a trade group reported the service industry grew in September but companies' pricing power weakened. The Institute for Supply Management reports Monday that its services index rose to 50.9 in September from 48.4 in August.
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.
Investors start September on cautious footing, stocks fall after manufacturing, housing dataSeptember 1st, 2009 Stocks fall after manufacturing, housing dataNEW 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 150 points.
Stocks begin September higher after data shows manufacturing industry grew in AugustSeptember 1st, 2009 Stocks up on data showing growth in manufacturingNEW YORK — News that the manufacturing industry has grown for the first time in 18 months is giving the stock market a modest advance. The Institute for Supply Management said Tuesday its index of manufacturing activity rose to 52.9 in August, up from 48.9 in July and well above the reading of 50.5 analysts had been expecting.
Stocks edge lower in early trading after durable goods order report, breaking winning streakAugust 26th, 2009 Stocks dip at open after 6-day advance in the DowNEW YORK — Stocks edged lower in early trading Wednesday as investors awaited more data on the housing industry. The dip in stocks came after a more than 400-point jump in the Dow Jones industrials in just six days.
US stocks little changed after jobs report; global markets riseAugust 20th, 2009 Stocks little changed at Wall Street openNEW YORK — Stocks are little changed in early trading, with investors wary of making big moves after a worse-than-expected weekly jobs report. The Labor Department says new claims for unemployment benefits jumped unexpectedly to 576,000 last week.
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.
Indian equities ruling higher after strong openingJuly 17th, 2009 MUMBAI - Indian equities were ruling higher Friday after a strong opening on the back some positive signals from the government on the continuity of reforms and strong overnight rally in the US markets. The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 14,325.58 points against Thursday's close at 14,250.25 points, and soon soared to a high of 14,607.11.
India's industrial output for April signals recoveryJune 12th, 2009 NEW DELHI - India's industrial output grew 1.4 percent in April as against a decline of 0.75 percent in March, in what analysts said can be taken as early signs of recovery. Data on index of industrial production (IIP) released by the commerce ministry Friday showed that the growth also came after two successive months of decline and was led mainly by a 7.1 percent increase in electricity generation.
Stocks open lower on worries over labor market, economy following 4-day advanceJune 3rd, 2009 Wall Street opens lower after advanceNEW YORK — Worries about the labor market and the overall health of the economy sent stocks lower early Wednesday. The decline in U.S.
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.
Range-bound Indian equities keep key index in redMarch 21st, 2009 MUMBAI - After a session of range-bound trading, Indian equities ended in the red Friday on overnight losses in the US, as also due to mixed signals from the Asian peers and a weak opening in European bourses. The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 8,951.34 points, as against the previous close at 9,001.75 points, and hit a low of 8,867.13 points as trading progressed.
Markets hold up in wake of weak GDP numbersFebruary 28th, 2009 MUMBAI - Indian equities markets Friday managed to hold their own in the face of depressing GDP growth numbers and uncertainty prevailing in global markets as a key index at the Bombay Stock Exchange ended trade merely 0.71 percent lower than its last close. The 30-scrip Bombay Stock Exchange (BSE) Sensitive Index (Sensex), which opened at 8,944.11 points, closed at 8,891.61 points, down 0.71 percent or 63.25 points from Thursday's close.
Healthy buying pushes markets upDecember 29th, 2008 MUMBAI - Healthy buying across the sectors pushed up Indian equities markets Tuesday for the second day in a row, with a key index gaining 1.92 percent over its previous close. The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) closed in the green at 9,716.16 points after touching an intra-day high of 9,785.04 points, a rise of 182.64 points or 1.92 percent from its previous close of 9,533.52 points.