Stocks reverse early gains after disappointing reading on consumer confidenceSeptember 30th, 2009 Drop in consumer confidence pulls stocks lowerNEW YORK — Stocks have reversed early gains and are falling on a report showing Americans are still downbeat on the economy. The Conference Board says its consumer confidence index fell to 53.1 in September, down from 54.5 in August, and much lower than the reading of 57 that economists expected.
Stocks mixed in early trading after unexpected slide in durable goods ordersSeptember 25th, 2009 Stocks zigzag in early tradingNEW YORK — Stocks are zigzagging following a report that new home sales edged higher in August but fell short of economists' expectations. The Commerce Department says new home sales edged up 0.7 percent in August after jumping in July.
Stocks bounce up after recent losing streak, gain in early going on jobs and retail sales dataSeptember 3rd, 2009 Stocks move higher after jobs data, retail salesNEW YORK — Stocks moved higher in early trading Thursday, breaking a four-day losing streak after the latest reading on the jobs market and mixed retail sales reports. The moderate gains in stocks came as the Labor Department said the number of people filing for unemployment claims fell last week by 4,000 to 570,000.
Stocks begin September slightly higher as investors await data on manufacturing, housingSeptember 1st, 2009 Stocks creep higher ahead of manufacturing dataNEW YORK — Stocks edged higher Tuesday ahead of reports on manufacturing and housing. The slight gains follow declines in European shares and a modest rebound in Asian markets.
US stocks decline pushes indices lower for the weekAugust 15th, 2009 NEW YORK - US stocks closed lower Friday, pushing the major indices into negative territory for the week amid mixed signals on the prospects for the country's struggling economy. A surprising fall in a consumer confidence survey by the University of Michigan and Reuters dragged on investors' minds.
Stocks turn lower in early trading after weak retail sales, jobs reportsAugust 13th, 2009 Stocks edge lower after jobs, retail dataNEW YORK — Stocks turned lower in early trading Thursday as disappointing reports on jobs and retail sales deflated some of investors' optimism about the economy. Investors sent the major indexes slightly higher at the opening, but stocks failed to hold on to the gains and extend Wednesday's big rally, which followed upbeat comments from the Federal Reserve.
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 stocks rise on positive earningsJuly 31st, 2009 NEW YORK - US stocks rose Thursday on surprising earnings results from US companies, continuing a strong run for the week amid signals that the US economy is stabilizing. General Electric, Visa, MasterCard, Motorola all reported better-than-expected profits for the second quarter of the year.
US stocks edge up on new housing salesJuly 28th, 2009 NEW YORK - US stock indices closed higher Monday as new home sales jumped at the fastest rate in eight years, helping banking and construction shares higher. The US Commerce Department said that purchases of new homes surged 11 percent in June from the month before, surprising economists with a possible sign that the housing crisis at the centre of the deep US recession may be ending.
Stocks slightly higher after Alcoa earnings, better than expected jobs reportJuly 9th, 2009 Stocks slightly higher after Alcoa, jobs reportNEW YORK — Investors are cautiously wading back into stocks after getting some reassurance from Alcoa Inc.'s earnings and some good news on the labor front. Stocks are slightly higher in early trading Thursday after Alcoa reported a smaller-than-expected $454 million second-quarter loss.
Stocks move slightly higher on last day of 2Q, consumer confidence data expectedJune 30th, 2009 Stocks move slightly higher ahead of dataNEW YORK — Stocks are slightly higher in early trading Tuesday with the market on track for its best quarterly performance in more than a decade. After a relatively quiet day of trading Monday, investors are hungry for more signs that the economy is actually growing.
Stocks push higher despite surprise increase in last week's jobless claimsJune 25th, 2009 Stocks reverse early losses, move slightly higherNEW YORK — Investors are shrugging off an unexpected rise in jobless claims and cautiously buying stocks. Investors initially sent stocks lower Thursday after the government said new claims for unemploymenet benefits rose by 15,000 to 627,000 last week.
Stocks adance modestly as investors look to hold gains, await data on pending home salesJune 2nd, 2009 Wall Street rises modestly a day after surgeNEW YORK — Investors are gently adding to their gains a day after rushing into the stock market. Stocks rose modestly early Tuesday as investors showed optimism but also a little caution after Monday's huge gains that followed a series of upbeat economic readings.
Brazilian stocks fall in early trading as investors lock in gains from weekslong advanceMay 9th, 2009 Brazilian stocks fall in early tradingMEXICO CITY — Brazilian stocks are falling as investors lock in gains from weeks of large advances. Sao Paulo's Ibovespa index is down 2.3 percent to 50,315 after the first hour of trading on Thursday.
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.