Wall Street On Edge Wednesday Morning Ahead of Fresh Economic Data

Posted by admin on April 16, 2009 under News | Be the First to Comment

Wall Street On Edge Wednesday Morning Ahead of Fresh Economic Data
(RTTNews) – US stocks were looking for direction Wednesday morning in New York as traders mulled a slew of earnings news and looked ahead to another round of pivotal economic data.As of 6:15 am ET, t…

Wall Street rises on hints recession easing (Reuters)

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Wall Street rises on hints recession easing (Reuters)

Traders work on the floor of the New York Stock Exchange as a major economic speech is given by President Obama from Georgetown University in New York City.(AFP/Getty Images/Spencer Platt)Reuters – Stocks rose on Wednesday amid numerous signs the recession could be abating and data from American Express signaled the ability of some consumers to pay their bills is stabilizing.


5 hot stocks to ride the rally

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5 hot stocks to ride the rally
Is this bear market rally doomed to end? It doesn't matter if you can catch stocks as they soar. Here are candidates with momentum and a screen for finding more.

UBS, data weigh on world stocks (Reuters)

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UBS, data weigh on world stocks (Reuters)

Traders work on the floor of the New York Stock Exchange as a major economic speech is given by President Obama from Georgetown University in New York City.(AFP/Getty Images/Spencer Platt)Reuters – World stocks were steady to weaker on Wednesday, trading off the previous session’s 3-month high, while government bonds firmed as news of job cuts at Swiss bank UBS and weak data fanned economic concerns. UBS warned of a first-quarter loss of nearly 2 billion Swiss francs and said it would cut a further 8,700 jobs, weighing on other banking shares.


Stocks Seeing Some Volatility But Remain Mostly Negative – U.S. Commentary

Posted by admin on April 15, 2009 under News | 2 Comments to Read

Stocks Seeing Some Volatility But Remain Mostly Negative – U.S. Commentary
(RTTNews) – After moving sharply lower earlier in the session, stocks have seen some volatility over the course of morning trading on Tuesday. Nonetheless, the major averages have all remained stuck …

Stock futures herald mixed open (Reuters)

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Stock futures herald mixed open (Reuters)

Traders work on the floor of the New York Stock Exchange as a major economic speech is given by President Obama from Georgetown University in New York City.(AFP/Getty Images/Spencer Platt)Reuters – U.S. stock index futures pointed to a mixed open on Wall Street as investors remained cautious ahead of the release of U.S. CPI and housing data.


Dollar Falls Vs. Yen As Retail Sales Sink U.S. Stocks

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Dollar Falls Vs. Yen As Retail Sales Sink U.S. Stocks
The U.S. dollar fell against the Japanese yen but rose against the euro Tuesday as traders, keeping close tabs on U.S. stocks as the Dow industrials slipped below 8,000, unwound positions that bet o…

Cross named head of SEC corp finance division (AP)

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Cross named head of SEC corp finance division (AP)
AP – A former official of the Securities and Exchange Commission, Meredith Cross, is returning to the agency to head its division that oversees company disclosures to the public, the SEC announced Monday.

Intel Quarter a Bellwether for Tech Stocks

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Intel Quarter a Bellwether for Tech Stocks
Intel (NASDAQ:INTC) may just post better than expected revenues tomorrow when the processor maker announces its earnings results for Q1. Whatever the results, they will be closely watched as a bellwet…

World markets rise on Goldman Sachs earns (AP)

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World markets rise on Goldman Sachs earns (AP)

Traders work on the floor of the New York Stock Exchange as a major economic speech is given by President Obama from Georgetown University in New York City.(AFP/Getty Images/Spencer Platt)AP – World stock markets rose Tuesday after surprisingly strong earnings from U.S. investment bank Goldman Sachs fueled hopes that the global banking system may be over the worst.