Wall Street heads into the home stretch

Posted by admin on December 29, 2008 under News | Be the First to Comment

Wall Street heads into the home stretch
NEW YORK (CNNMoney.com) — Investors will return Monday for the final few trading days of the year, and with all three major indexes on track to suffer their worst declines in decades, it's easy to un…

Wall Street drifts up ahead of holiday (AFP)

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Wall Street drifts up ahead of holiday (AFP)

Pedestrians walk pass the New York Stock Exchange. US share prices drifted mainly higher at the opening of an abbreviated pre-holiday session Wednesday as traders shrugged off another round of weak economic data.(AFP/Getty Images/File)AFP – US share prices drifted higher in an abbreviated Christmas Eve session Wednesday as traders shrugged off another round of weak economic data.


Kuwait cancels $17 billion venture with Dow Chemical

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Kuwait cancels $17 billion venture with Dow Chemical
NEW YORK (MarketWatch) — Kuwait said Sunday it is terminating plans for its $17.4 billion dollar joint venture with Dow Chemical Co. amid political opposition.

After the market’s unraveling, an arduous recovery (AP)

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After the market’s unraveling, an arduous recovery (AP)
AP – After a year of devastating losses, the stock market has the makings of a recovery in 2009: Nearly $9 trillion in cash on the sidelines, waiting to be invested.

US stocks look to end Christmas Week On A Jolly Note Friday; Thin Trading Expected

Posted by admin on December 28, 2008 under News | Be the First to Comment

US stocks look to end Christmas Week On A Jolly Note Friday; Thin Trading Expected
(RTTNews) – US stocks will look to end the holiday shortened week on a fairly high note Friday, but volume is expected to be light as many traders will extend their Christmas break. Old St. Nick was …

Recovery seen for US stocks as trading enters new year (AFP)

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Recovery seen for US stocks as trading enters new year (AFP)

Traders work on the floor of the New York Stock Exchange on December 22, 2008 in New York City. Battered US stocks enter the New Year next week on expectations of a gradual market recovery as president-elect Barack Obama moves to drag the world's biggest economy out of recession.(AFP/Getty Images/File/Spencer Platt)AFP – Battered US stocks enter the New Year next week on expectations of a gradual market recovery as president-elect Barack Obama moves to drag the world’s biggest economy out of recession.


Saudi stocks drop 2.7 percent amid profit worries

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Saudi stocks drop 2.7 percent amid profit worries
RIYADH – Saudi stocks shed 2.68 percent on Saturday as investors cautiously awaited the onset of the company reporting period in a few days' time amid a broad economic slowdown.

Recovery seen for US stocks as trading enters new year (AFP)

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Recovery seen for US stocks as trading enters new year (AFP)

Traders work on the floor of the New York Stock Exchange on December 22, 2008 in New York City. Battered US stocks enter the New Year next week on expectations of a gradual market recovery as president-elect Barack Obama moves to drag the world's biggest economy out of recession.(AFP/Getty Images/File/Spencer Platt)AFP – Battered US stocks enter the New Year next week on expectations of a gradual market recovery as president-elect Barack Obama moves to drag the world’s biggest economy out of recession.


How the Dow Jones industrials have fared each trading day since fall of Lehman Brothers

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How the Dow Jones industrials have fared each trading day since fall of Lehman Brothers
(AP) – How far the Dow Jones industrial average has fallen or advanced each trading day since Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection on Sept. 15. After Lehman's f…

Retail stocks suffer but some defy dismal sales data (Reuters)

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Retail stocks suffer but some defy dismal sales data (Reuters)

A man waits for the rest of his family to check out inside of a store in Kittery, Maine December 26, 2008. (Lucas Jackson/Reuters)Reuters – Retail shares traded lower on Friday following data showing the first decline in holiday sales in at least 40 years, though a handful of stores defied the trend.