Market opens stronger on Wall St rise

Posted by admin on April 10, 2009 under News | Be the First to Comment

Market opens stronger on Wall St rise
The tech-heavy Nasdaq composite climbed 29.05 points, 1.86 per cent, to settle at 1590.66 and the broad-market Standard & Poor's 500 index was up 9.61 points, 1.18 per cent, at 825.16. “The …

German, Japanese data jolts investors (AFP)

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German, Japanese data jolts investors (AFP)

A cargo ship is loaded in the German port of Hamburg. Germany posted a 23.1 percent drop in exports in February from the same month in 2008, provisional data released by the national statistics office showed.(AFP/DDP/File/Roland Magunia)AFP – German exports slumped and Japan prepared another stimulus package on Wednesday as the global crisis further undercuts the old economic order, jolting investors hoping for a return to business as usual.


US stocks rally despite dour Fed forecast

Posted by admin on April 9, 2009 under News | 2 Comments to Read

US stocks rally despite dour Fed forecast
New York – US stocks gained Wednesday, ending a volatile session and a two-day losing streak, amid optimism over a major merger in the housing sector. Stocks briefly cut gains after the Federal Reserv…

Asia markets rally on Japan stimulus; Europe gains (AP)

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Asia markets rally on Japan stimulus; Europe gains (AP)

Pedestrians walk by an  electric market board in Tokyo, Thursday, April. 9, 2009. Japanese stocks rallied Thursday to its highest close in three months, climbing on an unexpected rise in machinery orders and the country's latest plans for a massive stimulus package. (AP Photo/Katsumi Kasahara)AP – Asian stock markets resumed their upward march Thursday, with Tokyo’s index surging nearly 4 percent, as investors cheered Japan’s $150 billion stimulus proposal and signs recession was starting to ease in the world’s second-largest economy. Major European stock indexes opened higher.


U.S. stocks start up; deal in housing sector revives bulls

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U.S. stocks start up; deal in housing sector revives bulls
NEW YORK (MarketWatch) – Stocks opened higher on Wednesday as investors drew some cheer from word of government aid for life insurers and an acquisition in the homebuilding sector, helping offset Alco…

Dollar drops back below 100 yen (AFP)

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Dollar drops back below 100 yen (AFP)

A US $100 note. The dollar slipped back below the key 100 yen level on Wednesday as sharp falls on global stock markets restored some of the Japanese currency's safe haven appeal, dealers said.(AFP/File/Karen Bleier)AFP – The dollar slipped back below the key 100 yen level on Wednesday as sharp falls on global stock markets restored some of the Japanese currency’s safe haven appeal, dealers said.


Stocks Move Back To The Downside Following Release Of Fed Minutes – U.S. Commentary

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Stocks Move Back To The Downside Following Release Of Fed Minutes – U.S. Commentary
(RTTNews) – After showing a strong upward move over the course of late morning and early afternoon trading, stocks have given back some ground since then. The major averages have moved well off their…

Earnings could throw wrench in U.S. stock rally (Reuters)

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Earnings could throw wrench in U.S. stock rally (Reuters)
Reuters – Don’t look now, but the U.S. stock market may be headed for another royal smackdown with fears that first-quarter results will fail to show signs of an upturn for Corporate America.

Stocks Lose Ground As Caution Over Earnings Sets In

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Stocks Lose Ground As Caution Over Earnings Sets In
Latin American equities were in the red Tuesday, with nervousness about what's expected to be a rough first-quarter earnings season in the U.S. spilling over into regional indexes.

Dollar drops back below 100 yen (AFP)

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Dollar drops back below 100 yen (AFP)

A US $100 note. The dollar slipped back below the key 100 yen level on Wednesday as sharp falls on global stock markets restored some of the Japanese currency's safe haven appeal, dealers said.(AFP/File/Karen Bleier)AFP – The dollar slipped back below the key 100 yen level on Wednesday as sharp falls on global stock markets restored some of the Japanese currency’s safe haven appeal, dealers said.