Stocks gain momentum, on track for best week since July; Dollar rebound keeps advance in checkOctober 9th, 2009 Stocks edge higher, adding to the week's big gainsNEW YORK — The stock market is keeping its momentum going and giving stocks their best week in more than two months. The Dow Jones industrial average is at a new high for the year as health care and utility stocks rise.
Stocks little changed after strong week as government issues mixed trade reportOctober 9th, 2009 Stocks steady in early going after trade reportNEW YORK — Stocks held on to the week's big gains Friday after the government issued a mixed trade report. The Commerce Department said the trade deficit declined 3.5 percent to $30.7 billion in August, as imports fell on lower oil demand.
Unexpectedly steep September job losses send stocks lower, extending market's slideOctober 2nd, 2009 Stocks fall as September jobs report disappointsNEW YORK — Stocks fell moderately Friday after the government reported that more jobs were lost in September than expected. The Labor Department said employers cut 263,000 jobs last month, up from 201,000 in August and worse than the 180,000 losses economists were expecting.
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.
Home improvement stocks slip after Lowe's posts lower 2Q profit, scales back expansionAugust 17th, 2009 Sector Snap: Home improvement stocks declineNEW YORK — Shares of home improvement stocks declined on Monday after Lowe's Cos. posted a 19 percent lower second-quarter profit and said it will curtail expansion plans.
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.
Big improvement in US output decline dulls dollar luster; big drops vs European currenciesJuly 31st, 2009 Dollar slides sharply as GDP decline moderatesNEW YORK — The dollar closed the week out lower as a report showed the decline in U.S. economic output was vastly improved in the second quarter.
Stocks decline modestly in early trading on mixed earnings; investors grow cautiousJuly 28th, 2009 Stocks fall modestly in early tradingNEW YORK — Stocks are falling modestly in early trading despite a better-than-expected report on retail sales. The U.S. market has risen sharply throughout the spring and summer on hopes of a recovery.
US stocks complete week-long rallyJuly 25th, 2009 NEW YORK - Most US stocks rose Friday, completing one of Wall Street's best two-week stretches of the year on the back of gains by energy companies and hopes for an economic recovery. Federal Reserve Chairman Ben Bernanke told a congressional committee that the central bank was "winding down" its unprecedented lending programmes enacted to help stabilise the financial system.
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.
US stocks fall sharply on commodities and poor tech salesJune 17th, 2009 NEW YORK - US stocks fell sharply for a second straight day Tuesday amid a poor quarterly report from Best Buy and a decline in commodity shares. Best Buy, the world's largest electronics retailer, said first-quarter profits fell 15 percent amid restructuring costs, pulling shares down more than 7 percent.
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.
US stocks climb, led by tech, banking sectorsMay 15th, 2009 NEW YORK - US stocks posted gains Thursday after a poor start to the week, led by banking and technology shares that overshadowed another rise in US jobless claims. Financial firms erased much of their early week losses, which stemmed from many banks launching stock offerings.
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.
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