Stocks Pare Earlier Losses But Remain Mostly Negative – U.S. Commentary

Posted by admin on March 25, 2009 under News | 2 Comments to Read

Stocks Pare Earlier Losses But Remain Mostly Negative – U.S. Commentary
(RTTNews) – Stocks have pared most of their earlier losses over the course of afternoon trading on Tuesday, with the major averages well moving well off their lows for the session. The Dow and the S&…

U.S. pensions seen favoring bonds over stocks: study (Reuters)

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U.S. pensions seen favoring bonds over stocks: study (Reuters)
Reuters – After sustaining record losses in 2008, U.S. pension funds are unlikely to return to the high level of stock market allocations favored before the global financial crisis and will probably favor greater bond allocations, the author of a study said on Tuesday.

US Stock Exchanges Seek SEC Action On Short-Selling

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US Stock Exchanges Seek SEC Action On Short-Selling
-(Dow Jones)- Four U.S. stock exchanges on Tuesday launched a joint call for regulators to take action against "abusive" short selling of stocks through a so-called "modified uptick rule."

U.S. SEC probes subprime, builders, hedge funds (Reuters)

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U.S. SEC probes subprime, builders, hedge funds (Reuters)
Reuters – Several U.S. investigations into subprime lenders involve possible insider trading before announcements of negative news about the lender, a Securities and Exchange Commission member said on Friday.

For Stocks, Treasury Plan

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For Stocks, Treasury Plan
Investors looking for any reason to drive stocks higher found their elixir in the government's bailout plan for toxic assets, and some think it could be only the beginning.

CA-CANADA Summary (Reuters)

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CA-CANADA Summary (Reuters)
Reuters – Toronto’s main stock index pulled back on Tuesday after surging more than 5 percent in the previous session, led down by weakness in resource issues on slumping commodity prices. The biggest contributors to the index’s slide included a mix of commodity issues and financials stocks, the main drivers of the market’s recent rise.

Oil trades close to $54, fueled by higher equity markets, weaker dollar

Posted by admin on March 24, 2009 under News | Be the First to Comment

Oil trades close to $54, fueled by higher equity markets, weaker dollar
HOUSTON (AP) – Oil prices briefly topped $54 a barrel Monday, getting a boost from stock investors who seemed hopeful a new plan to resolve the nation's banking crisis would spur economic growth. …

Asian stocks rise after US rallies on bank plan (AP)

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Asian stocks rise after US rallies on bank plan (AP)

A man looks at an electronic stock board of a securities firm in Tokyo, Tuesday, March 24, 2009. The benchmark Nikkei 225 stock average soared 272.22 points, or 3.3 percent, to 8,488.30. (AP Photo/Katsumi Kasahara)AP – Asian stock markets extended their rally Tuesday after Wall Street surged on hopes a U.S. plan to rid banks of festering debts at the heart of the financial crisis will revive growth in the world’s largest economy.


Oil trades close to $54, fueled by higher equity markets, weaker dollar

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Oil trades close to $54, fueled by higher equity markets, weaker dollar
HOUSTON (AP) – Oil prices briefly topped $54 a barrel Monday, getting a boost from stock investors who seemed hopeful a new plan to resolve the nation's banking crisis would spur economic growth. …

London stocks down in early trade (AFP)

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London stocks down in early trade (AFP)

Stocks in London opened down on Friday, after closing higher the day before on news the US Federal Reserve will spend another trillion dollars to get the US economy back on track.(AFP/File/Ben Stansall)AFP – Stocks in London opened down on Friday, after closing higher the day before on news the US Federal Reserve will spend another trillion dollars to get the US economy back on track.