Saturday, August 04, 2007
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Friday, August 03, 2007
Markets Friday, 08/3/2007
-----------------------------------------------------
| Dow : 13181.91 down 281.42
| S & P : 1433.06 down 39.14
| NASDAQ: 2511.25 down 64.73
| Bond (10Y): 4.68%, 98.56
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MARKETS:
Stocks mauled by Bear, credit worries
Dow industrials posts third-biggest point drop so far this year, falling
281 points.
The Dow Jones Industrial average tumbles 200 points as Bear Stearns' woes exacerbate inflamed credit market fears.
The Dow Jones Industrial average tumbles 200 points as Bear Stearns'
woes exacerbate inflamed credit market fears.
U.S. stocks drop on weak jobs growth; Bear Stearns downgrade
DJIA
13,404
-59.18
S&P
1,463
-8.99
NASDAQ
2,560
-15.56
10Yr
4.72%
-0.030
U.S. stocks drop on weak jobs growth; Bear Stearns downgrade
NEW YORK
U.S. stock losses mounted Friday after Standard & Poor's downgraded its
outlook for Bear Stearns Cos. added to Wall Street's credit-related
worries and the latest employment report showed weaker-than-expected
jobs growth last month.
Economic Report: U.S. jobs growth decelerates to 92,000 in July, data
show
WASHINGTON
The U.S. labor market softened slightly in July, according to government
statistics released Friday.
Fw: U.S. payrolls grow by 92,000 in July , Reuters reports; less than expected. Unemployment rate rises to 4.6%.
U.S. payrolls grow by 92,000 in July , Reuters reports; less than
expected. Unemployment rate rises to 4.6%.
Thursday, August 02, 2007
Market Thursday, 08/2/2007
|
-----------------------------------------------
| Dow : 13463.33 up 100.96
| S & P : 1472.20 up 6.39
| NASDAQ: 2575.98 up 22.11
| Bond (10Y): 4.77%, 97.88
|
---------------------------------------------
MARKETS:
Wall Street pulls off another winner
Stocks stage another late session rally, despite subprime, credit market
worries.
U.S. stocks mostly ahead amid ongoing volatility
DJIA
13,386
+24.06
S&P
1,465
0.00
NASDAQ
2,561
+7.53
10Yr
4.79%
+0.031
U.S. stocks mostly ahead amid ongoing volatility
NEW YORK
U.S. stocks pulled mostly higher Thursday, bolstered by bright profit
reports from the likes of Nokia Corp., Starbucks Corp., and Dow
component Walt Disney Co., while a $4.4 billion deal helped offset
worries about the credit climate.
Mattel recalls China-made toys over lead-paint concerns
NEW YORK
Mattel Inc.'s Fisher-Price unit is recalling nearly 1 million
Chinese-made toys because of concerns they may contain hazardous levels
of lead paint, the third recall of toys made in China in recent weeks.
Wednesday, August 01, 2007
U.S. stock prices close solidly higher
DJIA
13,362
+150.38
S&P
1,465
+10.54
NASDAQ
2,553
+7.60
10Yr
4.76%
-0.012
U.S. stock prices close solidly higher
NEW YORK
Stocks ended a wild ride solidly higher Wednesday, with the Dow adding
more than 150 points in the final hour as bargain-hunters flocked to an
oversold market after a choppy day fueled by discomfort over the shaky
housing and credit markets.
U.S. crude reaches record high of $78.50 a barrel, according to Reuters.
U.S. crude reaches record high of $78.50 a barrel, according to
Reuters.
ISM manufacturing index down in July, Reuters reports; below forecasts; pending home sales in surprise June gain.
ISM manufacturing index down in July, Reuters reports; below forecasts;
pending home sales in surprise June gain.
A New Era For The Wall Street Journal
August 1, 2007
A New Era For The Wall Street Journal
Dow Jones & Co., which set up shop in a Wall Street basement 125 years
ago, says it has entered into an agreement to be bought by Rupert
Murdoch's News Corp., whose properties include Fox News, numerous
tabloids, MySpace and Twentieth Century Fox.
Tuesday, July 31, 2007
U.S. stocks end with solid losses on renewed credit woes
DJIA
13,211
-146.32
S&P
1,455
-18.64
NASDAQ
2,546
-37.01
10Yr
4.77%
-0.033
U.S. stocks end with solid losses on renewed credit woes
NEW YORK
Word of trouble from the country's 10th-largest mortgage lender abruptly
pulled the plug on the stock market's attempted recovery, with the Dow
wiping out a two-day rally to end Tuesday with a near 150-point loss,
and a monthly decline of 1.5%.
American Home plunges on bankruptcy concern
SAN FRANCISCO
American Home Mortgage Investment Corp., the 10th largest mortgage
lender in the U.S., teetered on the brink of bankruptcy on Tuesday after
saying it can't pay back its creditors, potentially becoming the first
big lender outside the subprime mortgage business to go bust.
Credit crunch seen refocusing stock investors on fundamentals
SAN FRANCISCO
A tightening that's rippled across global credit markets could
significantly hamper two of the hottest trends that have helped fuel
stock market gains in recent years, market professionals say.
The Fed: Fed won't ride to rescue of upset markets: Poole
WASHINGTON
Financial markets understand that the Federal Reserve won't respond
quickly to a typical market upset such as last week's sharp stock
sell-off, St. Louis Fed President William Poole said Tuesday.
Dow Jones takeover appears likely with family support: report
LOS ANGELES
Dow Jones & Co.'s sale to Rupert Murdoch's News Corp. appeared all but
certain Tuesday, as more than half the total voting stock in the hands
of Dow Jones' controlling Bancroft family now supports the deal, The
Wall Street Journal reported.
News Alert! Murdoch Poised To Take Over Dow Jones
Media giant Rupert Murdoch appears to have enough shareholder votes for
his purchase offer for the Dow Jones Company, which includes the Wall
Street Journal.
U.S. stocks higher; bolstered by GM, inflation data
DJIA
13,425
+67.38
S&P
1,482
+8.54
NASDAQ
2,591
+7.84
10Yr
4.81%
+0.010
U.S. stocks higher; bolstered by GM, inflation data
NEW YORK
U.S. stocks spent a second day in recovery mode Tuesday, climbing higher
on above-forecast earnings from Dow component General Motors Corp. and
benign inflation data.
Economic Report: U.S. core inflation falls to 3-year low of 1.9%
WASHINGTON
Core consumer inflation increased 0.1% for the fourth consecutive month
in June, pushing the yearly gain in core inflation down to the lowest
level in three years, the Commerce Department said Tuesday.
Conference Board's Consumer Confidence index highest in nearly 6 years, Reuters reports.
Conference Board's Consumer Confidence index highest in nearly 6 years,
Reuters reports.
Stocks extend rally after report showing consumer confidence near 6-year high; Dow up 125 points.
Stocks extend rally after report showing consumer confidence near 6-year
high; Dow up 125 points.
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General Motors posts $891 million profit in second quarter as automotive revenue increases
General Motors posts $891 million profit in second quarter as automotive
revenue increases.
________________________________
Personal income slightly below forecasts in June, spending in line.
Monday, July 30, 2007
Majority of advisors on FDA panel vote to keep diabetes drug Avandia on the market.
Majority of advisors on FDA panel vote to keep diabetes drug Avandia on
the market.
After The Bell Report: U.S. stocks close with strong gains on profit hopes
DJIA
13,358
+92.84
S&P
1,473
+14.96
NASDAQ
2,583
+21.04
10Yr
4.80%
+0.016
U.S. stocks close with strong gains on profit hopes
NEW YORK
U.S. stocks closed with solid gains Monday after choppy action that had
investors brushing aside worries about tightening credit to focus on
corporate profit prospects.
Dow rebounds, closes 91 points higher on easing credit market fears.
Dow rebounds, closes 91 points higher on easing credit market fears.
The FDA may decide today to pull the popular diabetes drug Avandia off the market...
The FDA may decide today to pull the popular diabetes drug Avandia off
the market because it may cause cardiovascular problems like heart
disease.
U.S. stocks fall slightly after recovery attempt
DJIA
13,253
-12.43
S&P
1,455
-3.50
NASDAQ
2,554
-7.56
10Yr
4.77%
-0.019
U.S. stocks fall slightly after recovery attempt
NEW YORK
U.S. stocks fell slightly in indecisive action Monday, with the market
struggling to hold gains after last week's brutal sell-off, and getting
some relief from deal news and solid results from HSBC Holdings PLC.