Friday, September 21, 2007
U.S. stocks close higher, best week since March for Dow
DJIA
13,820
+53.49
S&P
1,525
+7.00
NASDAQ
2,671
+16.93
10Yr
4.63%
-0.040
U.S. stocks close higher, best week since March for Dow
NEW YORK
U.S. stocks climbed Friday, with the Dow industrials scoring it largest
weekly gain since March, as positive earnings from Oracle Corp. and Nike
Inc. spurred optimism amid high volume triggered by expiring futures and
options contracts.
Canada ponders the causes and effects of loonie/greenback parity
SAN FRANCISCO
To Americans who live in northern states, it seems like only yesterday
that they had to check their change carefully, to make sure the person
at the register didn't try to slip them any of those annoying Canadian
quarters.
Emerging Markets Report: Persian Gulf states seen as unlikely to drop
peg linked to dollar
NEW YORK
Despite the challenges that a weaker U.S. dollar poses for their
economies, it's highly unlikely that the oil-rich Persian Gulf countries
will unlink their currencies from the greenback, analysts said.
Commodities Corner: Gold futures' next stop: $800, then $2,000 or bust?
SAN FRANCISCO
After reaching their highest level since 1980, gold prices may be due
for a correction soon, but that could help feed what many expect to be a
long-term boom -- to $800 and then inflation-adjusted highs past $2,000
in the years to come.
Lawmakers announce deal on children's health program
WASHINGTON
House and Senate lawmakers announced an agreement Friday on legislation
that would expand the state children's health insurance program,
challenging President Bush to drop a veto threat.
