US stocks rally on merger dealsSeptember 28th, 2009 NEW YORK - US stocks rallied Monday as investors take the merger-and-acquisition deals as a sign of economic recovery. Xerox said Monday it is buying the business processing company Affiliated Computer Services for about $6.4 billion in cash and stocks.
Treasury prices rise modestly after strong demand seen for new 10-year notesSeptember 9th, 2009 Treasurys rise modestly amid strong auction demandNEW YORK — Treasury prices rose modestly Wednesday after a strong showing for the government's latest auction of 10-year notes. The price of the 10-year note rose 1/32 to 101 6/32, while its yield remained unchanged at 3.48 percent.
US stocks climb on oil, gold hikesSeptember 8th, 2009 NEW YORK - Major Wall Street indices gained Tuesday as price increases for oil and metals including gold fuelled a rally in commodity and energy shares. The dollar hit a 2009 low against the euro, helping the commodity price hikes.
World stocks slide after US sell-off amid financial fears; Europe down after Athens bomb blastSeptember 2nd, 2009 World markets track US slide amid financial fearsHONG KONG — World stock markets pulled back Wednesday, sending Japan's benchmark down over 2 percent, after an overnight sell-off on Wall Street amid resurgent fears about the U.S. financial sector.
Asian markets slide after Wall Street sell-off amid financial fears; Nikkei sheds nearly 3 pctSeptember 1st, 2009 Asia tracks Wall Street slide amid financial fearsHONG KONG — Asian stock markets pulled back Wednesday, sending Japan's benchmark down nearly 3 percent, after an overnight sell-off on Wall Street amid fears about the U.S. financial sector.
Treasurys mostly move higher as investors seek safety of government debt amid stock sell-offSeptember 1st, 2009 Investors bail out of stocks, move into TreasurysNEW YORK — Treasury prices mostly extended their gains Tuesday as investors sought the safety of government debt amid a big sell-off in stocks. Stocks fell broadly on fresh concerns about weakness in the banking sector and the speed of a potential economic recovery.
Treasurys rise as investors dump stocks, buy bonds amid economic recovery uncertaintyAugust 31st, 2009 Treasurys rise as investors eye safety of bondsNEW YORK — Treasury prices rose Monday as investors sold off stocks and sought the safety of government debt amid concerns about the timing of an economic recovery. "With pressure from the equity market, you get a presumed flight to quality," said John Lekas, owner of Leader Capital Corp.
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.
US stocks lower on commodities, ignore Fed's upbeat assessmentJuly 30th, 2009 NEW YORK - US stocks fell Wednesday amid fresh commodity fears, which overshadowed an optimistic report on the US economy from the Federal Reserve. Energy and metals manufacturers declined as the price of crude oil dropped 5.8 percent to $63.35 per barrel in New York trading.
Slide in commodity prices accelerates as doubts about economic recovery growJuly 8th, 2009 Commodities slide on doubts about economic reboundNEW YORK — Metals and energy prices are extending their losses amid growing anxiety about the potential for a quick and robust economic recovery. Investors are moving out of risky assets like commodities and stocks and seeking shelter in traditionally safe-haven investments such as the dollar and Treasurys.
Sell-off in commodities continues as hopes for impending economic recovery fadeJuly 7th, 2009 Commodities fall as hopes for quick recovery fadeNEW YORK — Commodities continued to sell off Tuesday as investors found little reason to place bets on an improving economy. Prices for oil, silver, soybeans and other commodities dropped amid increasing fears that a delay in the economy's recovery will keep a lid on demand for basic materials.
Brazil stocks down again after US reports job lossesJuly 3rd, 2009 Brazil stocks down again after US job lossesSAO PAULO — Brazilian stocks are down for the second day in a row after weak U.S. jobs data raised doubts about recovery for the world's biggest economy.
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 end mixed as lower oil weighs on commodities; technology stocks slide after rallyJune 12th, 2009 Stocks end mixed as commodity, tech stocks retreatNEW YORK — The stock market's rally is on hold and it's not clear what might get it moving again. Stock indicators barely budged this week after big gains in the prior week.
Stocks mostly gain as oil hits high for the year, Home Depot issues upbeat earnings forecastJune 10th, 2009 Stocks mostly rise on oil, Home Depot forecastNEW YORK — Stocks are again getting a lift from commodity prices. Most stocks rose Wednesday as the price of oil touched a new high for the year above $71 a barrel and prices for metals and other materials pushed higher.
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