Saturday, January 26, 2008
Obama wins South Carolina primary
Obama wins South Carolina in racially charged primary
Barack Obama routed Hillary Clinton in the racially-charged South
Carolina primary Saturday night, regaining campaign momentum in the
prelude to a Feb. 5 coast-to-coast competition for more than 1,600
Democratic National Convention delegates.
Friday, January 25, 2008
Markets Friday, 01/25/2008
| Dow : 12207.17 down 171.44
| S & P : 1330.61 down 21.46
| NASDAQ: 2326.20 down 34.72
| Bond (10Y): 3.56%, 105.63
MARKETS:
Bulls throw in the towel
Stocks retreat as investors plead exhaustion after two-day rally capping
a volatile week.
Markets Friday, 01/25/2008
| Dow : 12207.17 down 171.44
| S & P : 1330.61 down 21.46
| NASDAQ: 2326.20 down 34.72
| Bond (10Y): 3.56%, 105.63
MARKETS:
Bulls throw in the towel
Stocks retreat as investors plead exhaustion after two-day rally capping
a volatile week.
U.S. stocks end lower; Dow still scores weekly gain of 0.9%
U.S. stocks end lower; Dow still scores weekly gain of 0.9%
U.S. stocks falter, with the nerves of investors frayed and their
expectations reduced for next week's Federal Reserve meeting, which
already weighed in with an emergency rate cut earlier this week.
Hedge Funds: Hedge fund concerns weigh on markets; Numeric denies
problems
SAN FRANCISCO
Concerns about poor hedge fund performance in January weighed on the
U.S. stock market on Friday, with experts particularly worried about
so-called quant funds.
Democrats head for decision in South Carolina
WASHINGTON
South Carolina's Democrats go to the polls to choose their White House
nominee on Saturday with surveys showing Illinois Sen. Barack Obama
comfortably ahead of rival Hillary Clinton in the Palmetto State.
Speculation mounts over bid for weakened Societe Generale
Societe Generale's shock $7.1 billion fraud loss has reignited
speculation that it will be bought, with the likes of BNP Paribas and
Barclays touted as potential bidders, though finding the cash for a deal
could be tough.
Caterpillar's CEO rejects pervasive gloom at Davos forum
DAVOS, Switzerland
Citing strong growth in emerging economies and expectations for no worse
than a mild U.S. downturn, the CEO of Caterpillar Inc. says he's escaped
the economic gloom enveloping the annual meeting of the World Economic
Forum.
U.S. stocks turn mixed; Goldman report triggers sell-off
U.S. stocks turn mixed; Goldman report triggers sell-off
NEW YORK
U.S. stocks faltered on Friday after amid reports that Goldman Sachs
might trim its workforce in making annual reviews, dimming earlier
optimism that came with a slew of bright profit reports.
Overseas growth boosts Caterpillar profit
Caterpillar posts an 11% rise in fourth-quarter profit as booming
overseas demand for the company's construction and mining equipment
more than makes up for weakness in its home market.
Speculation mounts over bid for weakened Societe Generale
Societe Generale's shock $7.1 billion fraud loss has reignited
speculation that it will be bought, with the likes of BNP Paribas and
Barclays touted as potential bidders, though finding the cash for a deal
could be tough.
White House, House agree on economic stimulus
Moving quickly as fears about a recession mushroom, the White House and
House leaders reach an agreement to juice the economy with nearly $150
billion in tax relief.
Metals Stocks: Gold sets new record as South African miners halt
operations
Gold futures soared to a new record high on Friday following reports
that several major gold miners in South Africa, the world's
second-largest gold producer, halted their mining operations because of
troubles with power supplies.
Thursday, January 24, 2008
Markets Thursday, 01/24/2008
| Dow : 12378.61 up 108.44
| S & P : 1352.07 up 13.47
| NASDAQ: 2360.92 up 44.51
| Bond (10Y): 3.71%, 104.31
MARKETS:
Stocks step-up day two
Wall Street extends advance to a second session as investors mull
details of tax rebate and stimulus plan, scoop up shares hammered in
recent decline.
U.S. stocks bolstered some by tentative stimulus plan
U.S. stocks bolstered some by tentative stimulus plan
U.S. stocks on Thursday reclaimed higher ground for a second day after
the White House and the House leadership unveiled a tentative economic
stimulus package, lifting an equities market recently battered by
worries about an economic recession.
Goldman analysts question benefits of a bond insurer bailout
SAN FRANCISCO
Goldman Sachs analysts questioned the potential benefits of any bailout
of the bond insurance industry on Thursday and said companies like Ambac
Financial and MBIA Inc. are more likely to go into "run-off."
Economic Report: December drop caps worst housing year in decades
Resales of U.S. homes fall 2.2% in December to a seasonally adjusted
annual rate of 4.89 million, the lowest in nine years.
SocGen takes $7.1 billion loss on rogue trades
French banking group Societe Generale said Thursday it has uncovered a
massive 4.9 billion-euro ($7.1 billion) fraud linked to a single rogue
futures trader.
December drop caps worst housing year in decades
December drop caps worst housing year in decades
Resales of U.S. homes fall 2.2% in December to a seasonally adjusted
annual rate of 4.89 million, the lowest in nine years.
SocGen takes $7.1 billion loss on rogue trades
French banking group Societe Generale said Thursday it has uncovered a
massive 4.9 billion-euro ($7.1 billion) fraud linked to a single rogue
futures trader.
Sovereign wealth funds inspire fear, gratitude at Davos
It's hard to find anyone unhappy with the decision of sovereign wealth
funds to provide tens of billions of dollars to shore up U.S. and
European banks ravaged by the subprime mortgage crisis.
U.S. stocks retain gains as jobless claims fall
U.S. stocks hold onto early gains, bolstered by a decline in weekly
jobless claims and positive earnings from AT&T Inc., Nokia Corp. and
Lockheed Martin Corp.
Ford narrows quarterly loss, prepares further cost reductions
SAN FRANCISCO
Ford Motor Co. said Thursday that further progress in its restructuring
efforts led to a narrower fourth-quarter loss, but the car maker said
more cuts are needed to help it reach its target profitability goal amid
the slowing U.S. economy.
Oil prices ease after higher-than-expected crude and gasoline inventories reported.
Oil prices ease after higher-than-expected crude and gasoline
inventories reported.
U.S. fixed mortgage rates at four-year lows: Freddie Mac
BULLETIN:
U.S. fixed mortgage rates at four-year lows: Freddie Mac
1/24/2008 10:15:52 AM
White House, Congressional Democrats reach stimulus deal, AP reports; Existing home sales down 2.2%, below forecasts, DJ reports.
White House, Congressional Democrats reach stimulus deal, AP reports;
Existing home sales down 2.2%, below forecasts, DJ reports.
Median price of U.S. single-family homes falls in '07 -- first time in 40 years
BULLETIN »
Median price of U.S. single-family homes falls in '07 -- first time in
40 years
1/24/2008 10:03:33 AM
U.S. unemployment claims decline for a fourth straight week
BULLETIN
U.S. unemployment claims decline for a fourth straight week
1/24/2008 8:31:55 AM
Wednesday, January 23, 2008
Markets Wednesday, 01/23/2008
| Dow : 12270.17 up 298.98
| S & P : 1338.60 up 28.10
| NASDAQ: 2316.41 up 24.14
| Bond (10Y): 3.60%, 105.25
MARKETS:
Strong rally takes out earlier losses
Stocks bounce back as investors jump back in after steep selloff that
left the Nasdaq in bear market territory.
Breaking News Wed., January 23, 2008
Breaking News
WALL STREET REBOUNDS AFTER FIVE-DAY LOSING STREAK, CLOSING UP 299 POINTS
AFTER DROPPING MORE THAN 320 POINTS EARLIER IN THE DAY
After The Bell Report: U.S. stocks bounce back in late-session surge led by financials
U.S. stocks bounce back in late-session surge led by financials
U.S. stocks traded sharply lower after the European Central Bank spoke
of inflationary worries, dashing hopes it would follow the Federal
Reserve's interest-rate cut, and Apple Inc.'s outlook weighed on
technology.
EBay earnings jump 53%; Whitman to retire from CEO post
SAN FRANCISCO
EBay Inc. said late Wednesday that fourth-quarter earnings jumped 53%
thanks to strong holiday sales, but the online auctioneer also issued a
forecast for the current year that fell below Wall Street's
expectations.
Ambac, banks fire up financial sector
Financial stocks close sharply higher, led by a 72% gain in shares of
bond insurer Ambac after investors anticipate a financial rescue of the
troubled firm and rivals.
Wall Street still warm to Apple in spite of sell-off
While many investors may now think Apple is rotten to the core, Wall
Street is trying to rally support for the once high-flying stock.
The Dow moves off its lows and briefly touches positive territory for the first time during this week's market meltdown.
The Dow moves off its lows and briefly touches positive territory for
the first time during this week's market meltdown.
Crude falls below $88 on recession fears
Crude falls below $88 on recession fears
Crude-oil futures declined sharply on Wednesday, as continuing fears
that an economic recession will slash demand for oil prompted traders to
sell energy futures.
Market Snapshot: U.S. stocks back under water in the face of recession
worries
U.S. stocks opened sharply lower after the European Central Bank spoke
of inflationary worries, dashing hopes it would follow the Federal
Reserve's interest-rate cut, and Apple Inc.'s outlook weighed on
technology.
Bond Report: Treasurys rally as stocks continue to slump
Treasury bonds rallied Wednesday, sending yields sharply lower, as
traders once again sought safety in government debt amid continuing
recession fears and expectations for another pullback on Wall Street.
Apple's earnings rise 58%, but outlook disappoints
Apple reports a first-quarter profit that rose 58% from a year ago, but
the shares tumble in after-hours trading as the consumer-electronics
maker gave an earnings outlook that fell short of analysts'
forecasts.
Motorola's quarterly profit declines 84% on mobile woes
Motorola reported an 84% decline in fourth-quarter profit, as it shipped
fewer wireless phones and suffered a steep loss in its struggling
handset division.
More employers look to recruit workers 50 and older
SAN FRANCISCO
AARP is adding three federal government agencies and six private
companies to its list of employers looking to hire people 50 and older
for a variety of full-time, part-time and seasonal jobs, the group
announced Thursday.
Breaking News Wed., January 23, 2008
Breaking News
MARKETS STILL SHAKY AS INVESTORS WORRY OVER HEALTH OF THE ECONOMY; DOW
DOWN 225 POINTS IN FIRST 10 MINUTES OF TRADING
Nasdaq down 2.8% early Wednesday; Apple falls as much as $22
BULLETIN:
Nasdaq down 2.8% early Wednesday; Apple falls as much as $22
1/23/2008 9:33:19 AM
Pfizer beats quarterly revenue. earnings estimates, raises 2008 revenue forecast.
Pfizer beats quarterly revenue. earnings estimates, raises 2008 revenue
forecast.
U.S. budget deficit to climb to $250 billion this year, according to the Congressional Budget Office, AP reports.
U.S. budget deficit to climb to $250 billion this year, according to the
Congressional Budget Office, AP reports.
U.S. stock futures point toward steep losses at the open
BULLETIN:
U.S. stock futures point toward steep losses at the open
1/23/2008 8:19:16 AM
Tuesday, January 22, 2008
Forums:
全球經濟開始衰退了嗎？
In 中文網主頁
全球經濟衰退開始了嗎？全球經濟衰退將如何影響中國？
More...go to
http://www.bloglines.com/blog/johnDispatch
Markets Tuesday, 01/22/2008
| Dow : 11971.19 down 128.11
| S & P : 1310.50 down 14.69
| NASDAQ: 2292.27 down 47.75
| Bond (10Y): 3.44%, 106.66
MARKETS:
Stocks down at end of rocky ride
Wall Street cuts losses, but still ends lower as investors worry about
the global economy. Emergency interest rate cut provides little support.
After The Bell Report: Apple's earnings rise 58%, but outlook disappoints
Apple's earnings rise 58%, but outlook disappoints
SAN FRANCISCO
Apple Inc. on Tuesday reported a first-quarter profit that rose 58% from
a year ago thanks to strong sales of Mac computers and iPods during the
busy holiday shopping season.
Market Snapshot: U.S. stocks recoup losses after dramatic plunge
U.S. stocks declined for the fifth straight session Tuesday but mostly
recovered from an opening rout sparked by a global sell-off, with
equities investors drawing some reassurance from the Federal Reserve's
emergency interest-rate cut.
The Fed: Fed isn't finished on rate cuts by a long shot, economists
agree
WASHINGTON
Tuesday's surprise interest-rate reduction by the Federal Open Market
Committee doesn't mark the end of U.S. rate cuts by any means, Federal
Reserve watchers say.
Tech Stocks: Techs close lower alongside broader market
Technology stocks took a sharp turn south Tuesday as the Nasdaq
Composite Index touched a 52-week low - giving up all of its gains from
last year - while the broader market slid in the wake of an emergency
interest rate cut from the Federal Reserve.
Midday Report: Fed cuts rates 75 basis points in emergency move
Fed cuts rates 75 basis points in emergency move
Hoping to prevent a market meltdown and recession, the Federal Reserve
lowered its overnight lending rate by 75 basis points to 3.50% on
Tuesday in a rare move between formal meetings.
Bank of America profit falls 95% on writeoff, trading loss
Bank of America said Tuesday its fourth-quarter profit tumbled 95% after
the company said writeoffs for subprime credit problems, big trading
losses and a weakening consumer hit the firm.
Europe Markets: Stocks in Europe close higher as banking stocks rally
European shares moved off lows Tuesday morning as speculation grew that
central banks would cut interest rates to shore up markets that have
been hard hit by worries about slowing growth and asset write-downs.
Asia Markets: Sell-off unabated; Tokyo falls 6%, Hong Kong drops 9%
Asian stocks came under relentless selling pressure for the second
straight session on Tuesday, a day after fears the U.S. economy could
slip into a recession triggered a sell-off that spread to Europe and
Latin America.
Breaking News Tue., January 22, 2008
Breaking News
DOW DOWN 440 POINTS, ONE OF THE WORST OPENS ON RECORD FOR U.S. MARKETS
Bank of America quarterly profit falls 95%; trading losses total $5.4 bln
BULLETIN:
Bank of America quarterly profit falls 95%; trading losses total $5.4
bln
1/22/2008 7:06:42 AM
Before the Bell: January 22, 2008
TUESDAY MORNING'S TOP STORIES
Pre-open moves
The Federal Reserve cut its overnight lending rate by 75 basis points to
3.50% after a rout on global share markets, but stock futures still
signaled sizable declines for U.S. shares.
Breaking News: Stocks dive after Fed's surprise rate cut
NEW YORK (AP) - Wall Street plunged at the opening of trading Tuesday,
propelling the Dow Jones industrials down more than 400 points after an
interest rate cut by the Federal Reserve failed to assuage investors
fearing a recession in the United States.
The Fed, confronted with recession fears, cut a key interest rate by three-quarters of a percentage point today.
The Fed, confronted with recession fears, cut a key interest rate by
three-quarters of a percentage point today.
Dow industrials down more than 300 points; Nasdaq surrenders 5% at the open
BULLETIN
Dow industrials down more than 300 points; Nasdaq surrenders 5% at the
open
1/22/2008 9:33:04 AM
Stocks in Europe drop heavily for second straight session
BULLETIN:
Stocks in Europe drop heavily for second straight session
1/22/2008 3:07:13 AM
Hong Kong's H-shares index down 10.4% to 12,119.80
BULLETIN:
Hong Kong's H-shares index down 10.4% to 12,119.80
1/21/2008 11:06:43 PM
India's Sensex plunges 11.5% to 15,576.30 at open; trade halted
BULLETIN:
India's Sensex plunges 11.5% to 15,576.30 at open; trade halted
1/21/2008 11:38:49 PM
Monday, January 21, 2008
Markets Monday, 01/21/2008
| Dow : 12099.30 down 59.91
| S & P : 1325.19 down 8.06
| NASDAQ: 2340.02 down 6.88
| Bond (10Y): 3.62%, 105.09
MARKETS:
Global markets plunge on U.S. recession fears
Doubts grow over the White House's plan to shore up the U.S. economy.
Wall Street primed for miserable Tuesday open.
Martin Luther King Jr.'s Legacy Celebrated
Martin Luther King Jr.'s Legacy Celebrated
Hundreds crowded Ebenezer Baptist Church in Columbia, S.C., for the U.S.
holiday that celebrates the slain civil rights leader and his legacy of
battling intolerance, bigotry and war.
--------------------
U.S.
On King Drive, A Dream Deferred
At least 770 roads, boulevards and avenues bear his name, with most
running through minority communities. Faced with the stigma of poverty,
these areas challenge King's dream of economic and racial equality.
--------------------
World
Gaza City Awakes To No Food, No Gas
Gaza City awoke Monday to shuttered bread shops and gas stations,
prompting officials to warn of a possible humanitarian crisis as Israel
refused to reopen crossings, in its effort to stop Palestinian rocket
fire.
--------------------
Politics
Early Voters Key To Victory In Florida
Florida's presidential primaries could almost be decided by the time
most polling places open next week. That's because early voting started
Jan. 14 and absentee ballots started hitting the mail last month.
-------------------
Health
The Complex Face Of Abortion
For many Americans, the face of abortion is a frightened teenager,
nervously choosing to terminate an unexpected pregnancy. The numbers
tell a far more complex story in which financial stress often plays a
pivotal role.
--------------------
SciTech
SSDs, The Death Knell Of Hard Drives?
It's too early to declare the computer hard drive obsolete. But thanks
to the shrinking size of flash memory chips, it is now possible to make
full-feature laptops that store their data and programs on "solid-state
drives," or SSDs.
--------------------
Business
Pessimism Over U.S. Sweeps World Markets
Overseas investors, gripped by fears of a U.S. recession, dumped shares
over skepticism that an economic stimulus plan President Bush announced
last week would shore up an economy battered by problems in its housing
and credit markets.
--------------------
Opinion
MLK Day: Is America Changed?
It's the Martin Luther King Jr. holiday, and people are asking if
America has changed since his tragic death in 1968?
British stocks suffer worst one-day performance since Sept. 11 attacks
BULLETIN:
British stocks suffer worst one-day performance since Sept. 11 attacks
1/21/2008 11:53:48 AM
