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.
Forums:
中國官方天主教同梵蒂岡改善關系，加強了自己的地位，是否也對其他宗教產生影響？
More...go to
http://www.bloglines.com/blog/johnDispatch
U.S. stocks lifted as Nike, Oracle earnings top estimates
DJIA
13,858
+91.45
S&P
1,529
+10.99
NASDAQ
2,678
+23.74
10Yr
4.66%
-0.012
U.S. stocks lifted as Nike, Oracle earnings top estimates
NEW YORK
U.S. stocks climbed Friday, with positive earnings from Oracle Corp. and
Nike Inc. helping set a positive tone in what could prove to be a
volatile session as key futures and options contracts expire.
Nike profit surges on Europe, Asia gains
NEW YORK
Nike Inc., the world's largest athletic-shoe maker, said Thursday that
first-quarter profit surged 51%, beating estimates, helped by a tax
benefit and gains in Europe and Asia.
Texas Instruments authorizes further buybacks, hikes dividend
SAN FRANCISCO
The board of Texas Instruments Inc. authorized further funds for stock
repurchases and hiked the cell-phone chipmaker's cash dividend for the
second time this year, sending TI's shares higher Friday.
Oracle shares hit new high on upbeat earnings report
SAN FRANCISCO
Oracle Corp. shares rose more than 4% in early trading Friday following
a strong first-quarter profit report from the business software maker
early Friday.
Metals Stocks: Gold gains after tapping a 27-year high, ready for a
weekly gain
SAN FRANCISCO
Gold futures climbed Friday, trading slightly below the 27-year high
they saw in electronic trading, but ready to score a gain of more than
$25 an ounce for the week as a weak dollar and high oil prices continued
to help fed demand for the precious metal.
Thursday, September 20, 2007
Markets Thursday, 09/20/2007
| Dow : 13766.70 down 48.86
| S & P : 1518.75 down 10.28
| NASDAQ: 2654.29 down 12.19
| Bond (10Y): 4.69%, 100.38
MARKETS:
Post-rally, stocks slide
Wall Street retreats after a two-day advance; bank earnings, subprime
hearing, weak dollar, record oil prices all in focus.
Crude oil climbs to settle at a record $83.32 a barrel as the dollar falls to record lows against the euro.
Crude oil climbs to settle at a record $83.32 a barrel as the dollar
falls to record lows against the euro.
Wall Street lower after two days of gains
DJIA
13,795
-20.16
S&P
1,525
-3.93
NASDAQ
2,661
-5.33
10Yr
4.60%
+0.073
Wall Street lower after two days of gains
NEW YORK
U.S. stocks were mildly lower Thursday as Wall Street mostly bypassed
better-than-expected figures on the employment front to step back from
two sessions of solid gains inspired by the Federal Reserve's
interest-rate cut.
FedEx trims fiscal 2009 outlook; economic slowdown hits profit
NEW YORK
FedEx Corp., the package-delivery and air-cargo giant that's closely
watched as an economic barometer, warned Thursday that soaring fuel
prices and turmoil in the U.S. housing and financial markets are taking
a toll on its earnings.
Fed to propose additional consumer protections against mortgage foreclosure.
Bernanke: Fed to propose additional consumer protections against
mortgage foreclosure.
Wednesday, September 19, 2007
U.S. stocks higher, basking in afterglow of Fed rate cut
DJIA
13,815
+76.17
S&P
1,529
+9.25
NASDAQ
2,666
+14.82
10Yr
4.52%
+0.044
U.S. stocks higher, basking in afterglow of Fed rate cut
NEW YORK
U.S. stocks closed higher Wednesday, capping a rally that thrust the Dow
industrials to near two-month highs, amid optimism sparked by the
Federal Reserve's larger-than-expected answer to Wall Street's call for
a cut in interest rates.
Futures Movers: Crude futures end at fresh high near $82 on supply fall,
Fed cut
SAN FRANCISCO
Crude-oil futures closed at a new all-time high near $82 a barrel
Wednesday, lifted by news that U.S. crude supplies have been falling
since late August and expectations that the Federal Reserve's interest
rate cut will boost energy demand.
Emerging Markets Report: Emerging markets rally on Fed rate cut, as risk
appetite returns
NEW YORK
Emerging-market equities around the world rallied Wednesday, led by a 7%
surge in Turkish stocks, as the Federal Reserve's larger-than-expected
rate cut whetted investors' appetite for risk.
Rule change lets Fannie, Freddie buy more loans
WASHINGTON
In a bid to help struggling subprime-mortgage borrowers, the federal
regulator for Fannie Mae and Freddie Mac said Wednesday it will allow
the two huge companies more buying power in the mortgage market.
Southwest assigns boarding places, but keeps open seating
SAN FRANCISCO
Southwest Airlines Co. unveiled changes to the way it gets passengers
onto airplanes on Wednesday, but said that passengers will still pick
their seats when they board.
Forums:
如何看中、美、俄的情報活動？
大國間情報活動恢復到冷戰時期的水平，是否等于他們對彼此的戒備也達到了冷戰的水平？
More...go to
http://www.bloglines.com/blog/johnDispatch
U.S. stocks higher, basking in afterglow of Fed rate cut
DJIA
13,831
+92.10
S&P
1,532
+12.69
NASDAQ
2,672
+20.89
10Yr
4.55%
+0.072
U.S. stocks higher, basking in afterglow of Fed rate cut
NEW YORK
U.S. stocks climbed higher Wednesday, as major indexes neared levels not
breached since late July, with investors buoyed by optimism sparked by
the Federal Reserve's larger-than-expected answer to Wall Street's call
for a cut in interest rates.
Morgan Stanley makes bigger cut in value of assets than Lehman
SAN FRANCISCO
Morgan Stanley said on Wednesday that it cut the value of loans and
commitments by roughly $940 million, more than similar reductions
unveiled yesterday by rival investment bank Lehman Brothers.
Regulator loosens rules on Fannie, Freddie
WASHINGTON
In a bid to help struggling subprime-mortgage borrowers, Fannie Mae's
and Freddie Mac's federal regulator said Wednesday it will allow the two
huge mortgage-buyers more buying power in the mortgage market.
U.K. regulator urged action ahead of Northern Rock crisis
LONDON
The U.K.'s financial services regulator repeatedly urged the Bank of
England to intervene in money markets in order to stave of a crisis in
confidence surrounding U.K. mortgage lenders, according to a published
report Wednesday.
Subprime Today: Global markets cheer Fed cut: Morgan Stanley profit
falls
Oil touches new intraday record, then turns lower, after weak crude inventories and gasoline increase.
Oil touches new intraday record, then turns lower, after weak crude
inventories and gasoline increase.
Tuesday, September 18, 2007
U.S. stocks close sharply ahead, Dow scores biggest gain in years
DJIA
13,739
+335.97
S&P
1,519
+43.13
NASDAQ
2,651
+70.00
10Yr
4.48%
+0.010
U.S. stocks close sharply ahead, Dow scores biggest gain in years
NEW YORK
U.S. stocks surged Tuesday, sparking the Dow's greatest one-day rise in
nearly five years, after the Federal Reserve gave Wall Street what it's
been clamoring for, cutting benchmark interest rates even more than most
analysts had predicted.
The Fed: Fed cuts rates by half percentage point
WASHINGTON
In a surprisingly strong move, the Federal Reserve unanimously voted to
cut its overnight interest rate target by a half percentage point to
4.75% Tuesday, citing turmoil in financial markets as a threat to
economic growth.
Home builders offer price cuts to attract jittery buyers
BOSTON
Residential builders are launching promotional price reductions and
other incentives in a bid to attract anxious homebuyers and move
standing inventory off their books.
Futures Movers: Crude futures move further into uncharted territory
SAN FRANCISCO
Crude-oil futures moved further into uncharted territory late Tuesday
afternoon by topping $82 a barrel in electronic trading, buoyed by
ongoing concerns over potential storm risks in the Gulf of Mexico,
expectations for fall in U.S. supplies and bets that the Federal
Reserve's decision to cut interest rates will help boost energy demand.
Lehman's quarterly net slips but tops expectations; shares gain
NEW YORK
Lehman Bros. Holdings Inc. reported Tuesday third-quarter net income
fell 3.2% as the investment firm took more than half a billion dollars
in writedowns for troubled fixed-income securities.
The Federal Reserve cuts its key interest rate by a half of a percentage point to 4.75 percent.
The Federal Reserve cuts its key interest rate by a half of a percentage
point to 4.75 percent.
U.S. stocks advance on Lehman report, ahead of Fed move
DJIA
13,501
+97.79
S&P
1,488
+11.81
NASDAQ
2,596
+15.29
10Yr
4.49%
+0.019
U.S. stocks advance on Lehman report, ahead of Fed move
NEW YORK
U.S. stocks pulled cautiously higher Tuesday with investors emboldened
by earnings from Lehman Brothers, yet treading lightly ahead of what's
likely to be the Federal Reserve's first cut in benchmark interest rates
in more than four years.
Lehman's quarterly net slips but tops expectations; shares gain
NEW YORK
Lehman Bros. Holdings Inc. reported Tuesday third-quarter net income
fell 3.2% as the investment firm took more than half a billion dollars
in writedowns for troubled fixed-income securities.
The Fed: 25 or 50? -- Bernanke's Fed faces a key test
WASHINGTON
When Federal Reserve Board Chairman Ben Bernanke sits down to write his
book, the odds are that there will be a chapter on the meeting he and
his fellow central bankers will have Tuesday.
Wholesale prices tumble 1.4% in August, but 0.2% gain excluding food and energy tops forecasts.
Wholesale prices tumble 1.4% in August, but 0.2% gain excluding food and
energy tops forecasts.
Monday, September 17, 2007
U.S. stocks close lower as focus shifts to Fed
DJIA
13,403
-39.10
S&P
1,476
-7.60
NASDAQ
2,581
-20.52
10Yr
4.47%
+0.008
U.S. stocks close lower as focus shifts to Fed
NEW YORK
U.S. stocks closed with modest losses on Monday after a light-volume
session amid investor nervousness ahead of the Federal Reserve's
interest-rate decision Tuesday and as a U.K. lender's ongoing trouble
added to worries about the global credit crunch.
Futures Movers: Crude futures add almost 2%, hit another record level
atop $80
SAN FRANCISCO
Crude-oil futures climbed to another record level above $80 a barrel
Monday, overcoming earlier weakness as traders fretted about near-term
risks to global supplies and bet that a Federal Reserve cut in interest
rates will help lift energy demand.
Sen. Clinton's health-care plan would require all to buy coverage
SAN FRANCISCO
Sen. Hillary Clinton, the Democratic presidential frontrunner, unveiled
her proposal for health-care reform on Monday in Iowa, the centerpiece
of which is the requirement that individuals purchase health insurance.
Greenspan says tried but failed to raise U.S. mortgage rates
WASHINGTON
Former Federal Reserve Board chairman Alan Greenspan says he tried to
raise mortgage rates to head off a housing bubble, but the effort came
to naught because of "global forces" that had the effect of keeping
long-term interest rates low.
Northern Rock under further pressure as deposits disappear
LONDON
Shares of U.K. mortgage lender Northern Rock dropped as much as 41% on
Monday, retreating further following reports that nervous customers,
worried the bank would go under, have pulled out 2 billion pounds ($4
billion).
Greenspan says tried but failed to raise U.S. mortgage rates
DJIA
13,377
-65.52
S&P
1,473
-11.20
NASDAQ
2,576
-26.00
10Yr
4.48%
+0.014
Greenspan says tried but failed to raise U.S. mortgage rates
WASHINGTON
Former Federal Reserve Board chairman Alan Greenspan says he tried to
raise mortgage rates to head off a housing bubble, but the effort came
to naught because of "global forces" that had the effect of keeping
long-term interest rates low.
Northern Rock under further pressure as deposits disappear
LONDON
Shares of U.K. mortgage lender Northern Rock dropped as much as 41% on
Monday, retreating further following reports that nervous customers,
worried the bank would go under, have pulled out 2 billion pounds ($4
billion).
Futures Movers: Crude oil falls on profit-taking after record run
NEW YORK
Crude-oil futures fell early Monday as traders continued to lock in
gains following oil's rise to a record high above $80 a barrel last
week.
Microsoft appeal rejected by European court; fine upheld
SAN FRANCISCO
The European Court of First Instance on Monday rejected an appeal by
Microsoft to annul the antitrust decision by the European Commission,
upholding a fine of 497 million euros ($689 million).
Market Snapshot: U.S. stocks drop ahead of FOMC
NEW YORK
U.S. stocks fell Monday after ex-Federal Reserve Chairman Alan Greenspan
offered bleak words on the economy and a U.K. lender's ongoing trouble
added to a negative tone ahead of the Fed's interest-rate decision.
News Alert! Bush To Nominate Michael Mukasey For Attorney General
President Bush has settled on retired federal judge Michael Mukasey as
attorney general, to succeed Alberto Gonzales, according to a source
familiar with Bush's decision.
U.S. presidents through the eyes of Greenspan
NEWS
Thai official blames wind for jet crash that killed 90
---------------------------------------------
Investigators searched Monday through charred remains of a plane that
crashed
and killed 90 people mostly foreigners on Thailand's resort island of
Phuket,
while an airline official said wind shear may have doomed the flight.
'Jena Six' backers plan rally; verdict vacated
---------------------------------------------
The NAACP expects as many as 60,000 people from more than 30 cities to
descend
this week on Jena, La., a poor, rural community of 3,000 at the center
of a
racially charged case involving six black high school students charged
with
beating a white classmate.
In the Southwest, fixing the fence never ends
---------------------------------------------
Keeping the U.S.-Mexico border fence repaired has become a constant
battle for
U.S. Border Patrol and National Guard engineering units, whose work has
added
an increasingly expensive layer to the cat-and-mouse game between U.S.
law
enforcement and illegal immigrants.
http://www.usatoday.com/news/nation/2007-09-16-border-fence_N.htm
MONEY
GM-UAW talks temporarily end early
---------------------------------------------
Bargainers for General Motors Corp. and the United Auto Workers took a
break
early Monday amid optimism that they are getting closer to reaching a
critical
contract agreement.
U.S. presidents through the eyes of Greenspan
---------------------------------------------
Former Federal Reserve chairman Alan Greenspan worked with every
president
except Jimmy Carter after signing on in 1967 as an adviser to Richard
Nixon
during his bid for the White House. In his book, "The Age of
Turbulence,"
Greenspan expresses sometimes strong opinions about the presidents,
their
personalities, their leadership styles and how effectively they
governed. A
look:
http://www.usatoday.com/money/books/2007-09-17-greenspan-presidents_N.htm
