Prices on long-term Treasurys slip on final day of 3rd quarter; short-term notes riseSeptember 30th, 2009 Long-term Treasurys fall on last day of quarterNEW YORK — Long-term Treasurys fell modestly Wednesday, pushing yields higher, after a weak economic snapshot of regional manufacturing. The Chicago Purchasing Managers Index came in weaker than expected, which signaled the Midwestern manufacturing industry is hurting more than estimated.
Stocks rise to 11-month highs after Federal Reserve says economic activity has picked upSeptember 23rd, 2009 Stocks move higher after Fed announcementNEW YORK — A more upbeat assessment of the economy from the Federal Reserve sent stocks higher Wednesday, pushing the Dow Jones industrial average closer to 10,000. The Fed's governors said in a statement following their regular meeting on interest rates that the pace of economic activity has "picked up" since their last meeting in August.
Market rally loses steam, stocks finish mostly lower even after Intel raises sales forecastAugust 28th, 2009 Stocks mostly lower; Nasdaq buoyed by Intel newsNEW YORK — Stocks mostly fell Friday as investors balked at extending the market's recent rally despite an improved outlook from Intel Corp. Trading was quiet, as it has been all week, as summer vacations kept many traders out of the market.
Airline stocks rise on gains in broader market, dip in oil pricesAugust 20th, 2009 Sector Snap: Airline stocks riseNEW YORK — Shares of the largest U.S. airlines rose on Thursday as investors grabbed at signs that the economy might be improving.
US stocks edge higher despite weak jobs data, supported by gains in global marketsAugust 20th, 2009 Stocks edge higher after overseas markets reboundNEW YORK — Stocks edged higher in early trading Thursday, despite a worse-than-expected weekly jobs report. The Labor Department said new claims for unemployment benefits jumped unexpectedly to 576,000 last week.
Euro rises against dollar, world economy shows positive notesAugust 13th, 2009 BERLIN — The 16-nation euro climbed against the dollar early Thursday after Germany, Europe's largest economy, reported an unexpected rise in gross domestic product, technically bringing it out of recession. The euro bought $1.4259 in early European trading, up from $1.4214 the night before in New York.
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.
Stocks mostly gain as US economic output contracts at slower pace than earlier in the yearJuly 31st, 2009 Stocks mostly rise as GDP shrinks at slower paceNEW YORK — Traders used good news about the economy Friday to give the Dow Jones industrials their best July in 20 years. Stocks closed mostly higher Friday after the government said the economy shrank at a slower pace than expected in the April-June quarter.
Dutch operator of US Stop & Shop, Giant grocery stores says sales rose 11.5 percent in Q2July 28th, 2009 Ahold sales rise 11.5 percent in Q2AMSTERDAM — Royal Ahold NV, the Dutch operator of U.S. grocery chains Stop & Shop and Giant, reported Tuesday an 11.5 percent rise in sales for the second quarter, due to modest growth and a strong dollar.
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 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 rise after sharp jump in consumer confidenceMay 27th, 2009 NEW YORK - Stocks climbed more than two percent across the board Tuesday following a dramatic leap in consumer confidence to 54.9 in May, an eight-month high and a steep rise from 40.8 in April. Wall Street's three benchmark indices gained for the first time in five sessions, spurred by optimism that the worst of the recession is over.
Singapore stocks jump 5.6 percent to 6-month high as optimism on the economy spurs banksMay 4th, 2009 Singapore stocks rise 5.6 percent to 6-month highSINGAPORE — Singapore stocks jumped to a six-month high Monday on growing investor optimism that the worst of the global economic downturn may be over. The Straits Times index rose 108.43, or 5.6 percent, to 2,028.71.
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.
Crude futures rebound as US stocks rallyFebruary 25th, 2009 NEW YORK - Crude oil prices rose Tuesday despite dim economic data as US stocks rallied from a 12-year low. A report from the Standard & Poor's Case-Shiller showed home prices tumbled by the sharpest annual rate on record in the fourth quarter and in December.