US stocks lower on profit taking

Posted by admin on April 14, 2009 under News | 3 Comments to Read

US stocks lower on profit taking
high note , capping five weeks of gains, on the back of projections by banking giant Wells Fargo of a record first-quarter profit."The weakness this morning can be attributed to little more than …

Gold falls as investors turn to stock market rally (AP)

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Gold falls as investors turn to stock market rally (AP)
AP – Commodity prices ended mixed Thursday as a stock market rally cut into demand for safe-haven investments like gold.

Wall Street is poised for a moderately lower opening as investors prepare for earnings season

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Wall Street is poised for a moderately lower opening as investors prepare for earnings season
NEW YORK (AP) – Wall Street was poised for a moderately lower opening Monday as investors prepare for earnings season to begin in earnest and await new economic data that will provide more details on …

Japan to give Pakistan $1 bln in aid: Nikkei (Reuters)

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Japan to give Pakistan $1 bln in aid: Nikkei (Reuters)
Reuters – Japan’s government is finalizing plans to provide Pakistan with up to $1 billion in economic aid over the next two years, the Nikkei business daily reported Saturday.

China shares rise on Wall Street

Posted by admin on April 13, 2009 under News | Read the First Comment

China shares rise on Wall Street
SHANGHAI (AP) — SHANGHAI (AP) ? Chinese shares rose for a second day Friday after Wall Street's overnight gains and stronger corporate earnings, ending the week up 1 percent. The benchmark Sha…

How the Dow Jones industrials fared Thursday (AP)

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How the Dow Jones industrials fared Thursday (AP)

AP – Stocks rallied Thursday to their highest levels in two months after Wells Fargo & Co. surprised the market with an early profit report that blew past analysts’ expectations. The major market indexes logged their fifth straight week of gains. U.S. financial markets are closed for Good Friday.

Nymex Crude Rises Along With Equities

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Nymex Crude Rises Along With Equities
Oil futures ended higher Thursday, as optimism in equity markets about the U.S. economy carried over into crude. Light, sweet crude for May delivery settled $2.86, or 5.8%, higher at $52.24 a barre…

Wall Street sets 5th weekly gain on banks, Boeing off late (Reuters)

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Wall Street sets 5th weekly gain on banks, Boeing off late (Reuters)

Reuters – Stocks jumped on Thursday after Wells Fargo said it expects to report a record quarterly profit, fueling a month-long rally prompted by hopes that deterioration in the financial sector was abating.

A strategy for stocks Look inward first

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A strategy for stocks Look inward first
Uncomfortable putting your hard-earned money in stocks — even after the recent run-up that has helped recover a portion of the last year's losses? That's probably a good sign. "When people as a gr…

Insurers lift Wall Street; Berkshire rating cut (Reuters)

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Insurers lift Wall Street; Berkshire rating cut (Reuters)
Reuters – Stocks snapped a two- day slide on Wednesday on news the government is shoring up life insurers and optimism about consumer spending after Bed Bath & Beyond Inc reported a better-than-expected profit.