Friday, March 30, 2007
Markets Friday, 03/30/2007
| Dow : 12354.35 up 5.60
| S & P : 1420.86 down 1.67
| NASDAQ: 2421.64 up 3.76
|Bond (10Y): 4.64%, 99.81
MARKETS:
Stocks finish wild session mixed
Investors weigh strong economic reports versus change in U.S. trade
policy.
NEWS:
US begins China trade fight
Commerce Department reverses long-standing trade policy and will begin
to impose tariffs on some subsidized goods from China.
U.S. stocks rise after strong manufacturing data
DJIA
12,330
-18.51
S&P
1,415
-6.82
NASDAQ
2,411
-5.99
10Yr
4.64%
+0.012
U.S. stocks rise after strong manufacturing data
NEW YORK
U.S. stocks rose on Friday, as stronger-than-expected manufacturing data
from the Chicago region coupled with in-line inflation numbers helped
offset concerns over rising oil prices and bad news from Dell Inc.
Dell says internal probe uncovers 'misconduct'
SAN FRANCISCO
Dell Inc. shares fell Friday after the company said an internal probe
into its past accounting practices uncovered errors and evidence of
misconduct which may prompt the company to restate past results.
Personal income, spending up 0.6% in February; USDA says 2007 planned corn plantings highest in 63 years, Reuters reports.
Personal income, spending up 0.6% in February; USDA says 2007 planned
corn plantings highest in 63 years, Reuters reports.
Thursday, March 29, 2007
Dell says internal options probe found errors, 'misconduct'
DJIA
12,348
+48.39
S&P
1,422
+5.30
NASDAQ
2,417
+0.78
10Yr
4.63%
+0.012
Dell says internal options probe found errors, 'misconduct'
SAN FRANCISCO
Dell Inc. said late Thursday an internal probe into past employee option
grants uncovered accounting errors and evidence of misconduct, and the
No. 1 personal computer maker once again delayed filing its financial
reports.
Economic Report: U.S. corporate profits have peaked, economists say
WASHINGTON
U.S. corporate profits fell in the fourth quarter of 2006, signaling the
end of one of the greatest profit cycles in post-war era, economists
say.
U.S. stocks rise after 3-day losing streak
DJIA
12,349
+48.79
S&P
1,422
+5.36
NASDAQ
2,416
-0.22
10Yr
4.64%
+0.018
U.S. stocks rise after 3-day losing streak
NEW YORK
Stocks rose firmly on Thursday, as investors keen to end a three-day
losing streak found support from a report showing fourth-quarter growth
was unexpectedly revised higher.
Economic Report: U.S. fourth-quarter economic growth revised up to 2.5%
rate
WASHINGTON
The U.S. economy grew at a 2.5% annual pace in the final three months of
2006, slightly faster than the previous estimate of 2.2%, the Commerce
Department reported Thursday.
Futures Movers: Crude-oil futures climb closer to $65; natural-gas
prices retreat
SAN FRANCISCO
Crude-oil futures climbed closer to $65 a barrel Thursday morning,
trading at their strongest level since December as traders monitored
develops between Iran and the U.K., following Iran's arrest of 15
British troops late last week.
Breaking News: Senate Passes Iraq Pullout Bill
March 29, 2007
Senate Passes Iraq Pullout Bill
Ignoring a veto threat from President Bush, the Democratic-controlled
Senate passed a $122 billion war funding bill that includes a provision
calling for U.S. combat troops to leave Iraq by March 2008.
GDP growth revised up to 2.5% annual growth from 2.2%, Reuters reports.
GDP growth revised up to 2.5% annual growth from 2.2%, Reuters reports.
Wednesday, March 28, 2007
Yen rallies on rising risk aversion; dollar falls after data
DJIA
12,300
-96.93
S&P
1,417
-11.38
NASDAQ
2,417
-20.33
10Yr
4.62%
+0.008
Yen rallies on rising risk aversion; dollar falls after data
NEW YORK
The yen rallied Wednesday, touching a more than one-week high against
the dollar as investors reduced bets on riskier assets financed by cheap
borrowing in the Japanese currency amid concerns over Iran and the U.S.
housing market.
Economic Report: Durable-goods orders rise 2.5%, but weak outside of
aircraft
WASHINGTON
Orders for durable goods climbed 2.5% in February as defense and
non-defense aircraft orders bounced back following big declines to start
off the year, the Commerce Department reported Wednesday.
Beazer Homes' shares falls on report of mortgage probe
NEW YORK
Beazer Homes USA Inc. saw its shares fall 10% Wednesday, in retreat as
the company said federal authorities have requested documents regarding
its mortgage business.
Dow suffers third straight day of losses as Bernanke, higher oil prices and falling business spending stoke economic fears.
Dow suffers third straight day of losses as Bernanke, higher oil prices
and falling business spending stoke economic fears.
Midday Report: Yen rallies on rising risk aversion; dollar falls after data
DJIA
12,293
-103.58
S&P
1,418
-10.55
NASDAQ
2,419
-17.96
10Yr
4.58%
-0.035
Yen rallies on rising risk aversion; dollar falls after data
NEW YORK
The yen rallied Wednesday, touching a more than one-week high against
the dollar, as investors reduced bets on riskier assets financed by
cheap borrowing in the Japanese currency amid concerns over Iran and the
U.S. housing market.
Economic Report: Durable-goods orders rise 2.5%, but weak outside of
aircraft
WASHINGTON
Orders for durable goods climbed 2.5% in February as defense and
non-defense aircraft orders bounced back following big declines to start
off the year, the Commerce Department reported Wednesday.
Bernanke says economic uncertainty has grown in recent weeks, Reuters reports;
Bernanke says economic uncertainty has grown in recent weeks, Reuters
reports;
Durable goods orders up 2.5% in February, Reuters reports, weaker than expected.
Durable goods orders up 2.5% in February, Reuters reports, weaker than
expected.
Tuesday, March 27, 2007
U.S. crude oil futures spike $5.18 to $68.09 a barrel after-hours on rumors of increased hostilities between Iran and Britain.
U.S. crude oil futures spike $5.18 to $68.09 a barrel after-hours on
rumors of increased hostilities between Iran and Britain.
U.S. stocks drop as housing woes resurface
DJIA
12,397
-71.78
S&P
1,428
-8.89
NASDAQ
2,437
-18.20
10Yr
4.61%
+0.025
U.S. stocks drop as housing woes resurface
NEW YORK
U.S. stocks closed lower Tuesday, as concerns about the stumbling
housing market and the economy resurfaced after an uncertain outlook
from homebuilder Lennar Corp and a report showing widespread drops in
home prices.
Stocks fell after the largest new home builder reported bleak earnings and falling consumer spending revived economic worries.
Stocks fell after the largest new home builder reported bleak earnings
and falling consumer spending revived economic worries.
In 中國報導: 如��看中國的汽車��展戰略？
如何看中國的汽車發展戰略？
汽車改變了中國的風景。到2005年底中國私家車已經多達2，400萬輛。請就中國汽車制造戰略發表看法。
More...go to
http://www.bloglines.com/blog/johnDispatch
Midday Report: U.S. stocks lower as subprime woes resurface
DJIA
12,394
-74.58
S&P
1,428
-9.25
NASDAQ
2,439
-16.01
10Yr
4.61%
+0.022
U.S. stocks lower as subprime woes resurface
NEW YORK
U.S. stocks were lower on Tuesday, after homebuilder Lennar Corp.
scrapped its 2007 earnings guidance and warned that the distress in the
subprime mortgage market is hurting it.
Economic Report: Consumer confidence falls for first time in five
months
WASHINGTON
Shaken by a steady rise in gasoline prices and a weaker stock market,
U.S. consumers' confidence dropped in March for the first time in five
months, the Conference Board reported Tuesday.
Consumer confidence index falls in March to 107.2 from 111.2 in February, Reuters reports.
Consumer confidence index falls in March to 107.2 from 111.2 in
February, Reuters reports.
Monday, March 26, 2007
Markets Monday, 03/26/2007
| Dow : 12469.07 down 11.94
| S & P : 1437.50 up 1.39
| NASDAQ: 2455.63 up 6.70
| Bond (10Y): 4.60%, 100.16
MARKETS
Dow trims losses, stocks end mixed
Dow ends 5-session winning streak, but broader market fights back after
surprisingly poor new home sales report spooks investors.
A report showing weak new home sales knocked the Dow down 100 points early, but the gauge managed to recover ending slightly lower.
A report showing weak new home sales knocked the Dow down 100 points
early, but the gauge managed to recover ending slightly lower.
U.S. sales of new homes fall to a seven-year low in February
11:40 am ET
DJIA
12,404
-76.75
S&P
1,428
-7.45
NASDAQ
2,437
-11.46
10Yr
4.58%
-0.036
U.S. sales of new homes fall to a seven-year low in February
WASHINGTON
Sales of new homes unexpectedly dropped in February to the lowest level
seen in nearly seven years, while inventories of unsold homes rose to a
16-year high, suggesting that the nation's housing market was softening
heading into the vital spring buying season.
Citigroup may cut up to 15,000 jobs: report
SAN FRANCISCO
Citigroup Inc. executives are putting the finishing touches on a
restructuring plan that is likely to involve around 15,000 job cuts from
the global banking company's 327,000 employees and a charge against
earnings of more than $1 billion, according to a media report Monday.
New home sales tumble 3.9% to 848,000 annual rate, Reuters report; figures well below expectations.
New home sales tumble 3.9% to 848,000 annual rate, Reuters report;
figures well below expectations.
