Dollar mixed on reports home prices continue to rise, consumer confidence unexpectedly fallsSeptember 30th, 2009 Dollar mixed on consumer confidence, home pricesNEW YORK — The dollar inched up against the euro but fell against the pound Tuesday as investors weighed a surprise drop in consumer confidence and a third straight monthly increase in home prices. The 16-nation euro slipped to $1.4568 in late New York trading from $1.4591 late Monday, while the British pound rose to $1.5941 from $1.5869.
Analyst upgrades MasterCard on improving economy, says consumer spending unlikely to get worseSeptember 9th, 2009 Analyst upgrades MasterCard on improving economyNEW YORK — A Citi Investment Research analyst upgraded MasterCard Inc. Wednesday, writing in a note to investors that a negative adjustment in consumer spending is largely over.
Stock futures point to modestly higher open as investors look to build on momentumAugust 24th, 2009 Stocks set for modestly higher openNEW YORK — Stock futures were rising Monday, pointing to a moderately higher open as investors look to build on last week's momentum that sent major indexes to their highest levels of the year. U.S. markets are poised Monday to follow sharp gains overseas.
Stocks open modestly higher as investors look to build on market's recent momentumAugust 24th, 2009 Stocks open higher, investors build on momentumNEW YORK — Investors are building on last week's momentum that sent major indexes to their highest levels of the year, pushing stocks higher in early trading. The moderate advance Monday follows gains in overseas markets.
Commodity prices mostly fall as dollar adds to strength after rally Friday; oil, gold fallAugust 10th, 2009 Commodity prices fall as dollar extends gainsNEW YORK —Commodity prices have mostly fallen for a second day as a stronger dollar weighs on prices. Gold and oil are lower Monday.
Commodity prices retreat as moves by European central banks boost dollarAugust 6th, 2009 Commodities retreat as dollar gains strengthNEW YORK — A commodities rally stalled Thursday as a slightly stronger dollar gave investors an excuse to cash in recent profits. The dollar rose against the euro and the British pound after central banks in Europe kept their benchmark interest rates at low levels.
Weak consumer confidence report, stronger dollar sends commodity prices fallingJuly 28th, 2009 Drop in consumer confidence weighs on commoditiesNEW YORK — Prices for most commodities fell Tuesday amid a stronger dollar and a report suggesting consumers are still nervous about the economy. Metals and energy prices took the biggest beatings after The Conference Board said consumer confidence weakened more than expected in July.
Surge in stocks, drop in dollar, higher inflation data drives demand for gold, copper, oilJuly 15th, 2009 Commodities higher as stocks soar, dollar fallsNEW YORK — Surging stocks, a weaker dollar and a higher-than-expected reading on inflation set the stage for higher commodity prices Wednesday. Gold, copper, oil and other futures made big jumps as investors' appetite for risk grew on the belief that an improving economy will boost demand for basic materials.
Commodity prices tumble as consumer confidence wanes, dollar rises; Grains hit by crop reportJune 30th, 2009 Commodity prices hit amid growing risk aversionNEW YORK — Commodity prices tumbled across the board Tuesday amid a flood of bearish economic data, including an unexpected drop in consumer confidence. Prices for gold, copper and oil were all lower after a private research group said consumer confidence fell in June.
Commodities trade mixed as investors weigh falling dollar against economic concernsJune 26th, 2009 Precious metals slightly higher as dollar fallsNEW YORK — Precious metals moved slightly higher Friday, supported by more weakness in the dollar. Other commodities like base metals and oil declined as investors refrained from making big bets on economically sensitive materials following a report suggesting consumer demand is still soft.
This week, investors look for signs of a strong consumer before jumping back into stocksJune 21st, 2009 What are investors waiting for? Consumers.NEW YORK — Americans may have poured money back into stocks this year, but market watchers worry that they aren't spending enough on other things — like clothes, cars and computers. This week, the average U.S.
Most commodities finish higher as investors look past data suggesting inflation is in checkJune 17th, 2009 Commodities reverse early losses, move higherNEW YORK — Prices for commodities like oil and gold are reversing early losses and moving higher as the dollar comes under more pressure. Most commodities fell in the early going as the Labor Department said consumer prices rose less than expected in May, a signal that the recession is holding down prices and that demand for goods is still sluggish.
Gold prices hold steady despite weaker dollar as rally on Wall Street eats into demandJune 1st, 2009 Gold prices flat as dollar falls, stocks rallyNEW YORK — Gold prices were little changed Monday, despite a weaker dollar, as an improving economic outlook and a rally on Wall Street lured investors to more risky assets. Grains and oil prices rose sharply.
Gold, other commodities move higher, buoyed by falling dollar, rising stocksMay 8th, 2009 Gold moves higher as dollar falls, stocks rallyNEW YORK — Gold prices and other commodities are higher, buoyed by a falling dollar and an increasingly upbeat outlook on the economy. Positive news about banks' balance sheets has driven investors into stocks and other more risky assets and away from the dollar, which is considered a safe haven.
Falling dollar helps push gold prices higher; positive economic data boosts oil, other metalsMay 4th, 2009 Gold prices rebound as dollar slipsNEW YORK — Gold prices rebounded Monday, moving higher as the dollar slipped against other currencies. The dollar was lower against the British pound and the euro on Monday as demand for the safety of the U.S.
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