Stock futures signal lower open following modest losses overseas, investors await Fed meetingSeptember 21st, 2009 US stock futures follow world markets lowerNEW YORK — U.S. stock futures are signaling a lower opening Monday on Wall Street following modest losses overseas.
Stocks open slightly lower as commodities prices rally, dollar stays near recent lowsSeptember 9th, 2009 Stocks open lower as commodities rallyThe stock market is opening slightly lower as commodities prices extend their rally and the dollar hovers near recent lows. The lower open on Wednesday comes after a gain in European markets and a retreat in Asia.
Dollar slips slightly on productivity, unemployment reports ahead of ECB rate decisionSeptember 2nd, 2009 Dollar slips on productivity, unemployment reportsNEW YORK — The dollar slipped slightly Wednesday on reports that productivity jumped and employers are cutting fewer workers, though layoffs are likely to continue. The 16-nation euro edged up to $1.4273 from $1.4213 it bought late Tuesday, while the British pound rose to $1.6279 from $1.6161.
US central bank sees economic recovery in coming monthsSeptember 2nd, 2009 WASHINGTON - The US Federal Reserve sees an end to the economic crisis in the second half of the year even as problems are expected to remain on the job market, according to minutes of the central bank's last meeting released Wednesday. Still the majority of the central bankers said at the Aug 11-12 meeting that they expected recovery to be slow and stressed that the economy was "still vulnerable to adverse shocks".
Stocks open slightly lower after data on inflation, industrial productionAugust 14th, 2009 Stocks dip after data on inflation, productionNEW YORK — Stocks drifted lower early Friday as investors looked for more reasons to keep the market's summer rally going. Investors paused after two days of buying as the Labor Department said a measure of inflation was flat in July after a slight increase in June.
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.
US Fed sees recovery as interest rates kept at 0 percentAugust 13th, 2009 WASHINGTON - The US Federal Reserve kept interest rates at near 0 percent Wednesday and showed no signs of changing course as it said the US may be emerging from a 20-month recession. The central bank in a statement said US economic activity was "levelling out" and the financial sector had "continued to improve" in the last few weeks.
Stocks hold on to gains as Federal Reserve, slightly more upbeat, sees economy 'leveling out'August 12th, 2009 Stocks hold gains as Fed ups view of economyNEW YORK — A more upbeat Federal Reserve reassured investors that they've been making the right bets. Stocks held on to their sharp gains Wednesday after the Fed, ending a two-day policy meeting, issued a more optimistic view of the economy and said it appears to be "leveling out." That was a significant change from the central bank's June assessment that the economy was shrinking at a slower pace.
Stock futures little changed as Federal Reserve begins meeting; productivity surgesAugust 11th, 2009 Stock futures little changed ahead of Fed meetingNEW YORK — Stock futures are little changed Tuesday as the Federal Reserve begins a two-day meeting that could provide new signs into how the economy is faring. A new report showing industrial production surged in the second quarter had little effect on futures trading.
Stocks modestly lower ahead of upcoming Federal Reserve meeting, retailer earningsAugust 10th, 2009 Stocks modestly lower in early morning tradingNEW YORK —Stocks were trading modestly lower Monday morning as investors look this week to the retail sector and the Federal Reserve for signs of how the economy is faring. Overseas, Asian markets rose amid a positive report on Japanese machinery orders, a key indicator of corporate capital spending.
Stocks begin holiday-shortened week in positive territory, investors await week's key dataJune 29th, 2009 Stocks open higher ahead of week's key dataNEW YORK — Investors are beginning a holiday-shortened week on a positive note. Stocks are slightly higher in early trading Monday, following mixed moves in overseas markets.
Stocks open lower after surprise increase in last week's jobless claimsJune 25th, 2009 Stocks open lower after rise in jobless claimsNEW YORK — An unexpected rise in jobless claims is causing investors to sell again. A day after the Federal Reserve expressed confidence in the economy, the government said new jobless claims rose by 15,000 to 627,000 last week.
Productivity rebounds in first quarter while wage pressures ease as recession deepensMay 8th, 2009 Productivity rebounds while wage pressures easeWASHINGTON — The government says productivity rebounded in the first three months of this year while wage pressures eased, both outcomes reflecting the country's deep recession. The Labor Department said Thursday that productivity, the key ingredient to rising living standards, grew at a 0.8 percent annual rate in the January-March quarter, slightly better than the 0.6 percent increase that economists had expected.
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.
US stocks drop for first time in five daysMarch 17th, 2009 NEW YORK - US stocks closed slightly lower Monday, ending a four-day rally and erasing earlier gains after the world's governments promised more measures to stabilize their economies. Major stock indices were led lower in the final two hours of trading after American Express Co reported rising credit-card delinquency rates in February.