Friday, February 22, 2008
Markets Friday, 02/22/2008
| Dow : 12381.02 up 96.72
| S & P : 1353.11 up 10.58
| NASDAQ: 2303.35 up 3.57
| Bond (10Y): 3.80%, 97.50
MARKETS:
Stocks stage turnaround
Wall Street manages an 11th hour comeback, erasing big losses to end in
positive territory.
U.S. stocks reverse day's losses on word of Ambac plan
U.S. stocks reverse day's losses on word of Ambac plan
U.S. stocks turn solidly higher in the final minutes of trading on word
a rescue could be in the works for struggling bond insurer Ambac
Financial.
Capitol Report: Outlooks for second-half pickup may be wishful thinking
WASHINGTON
The consensus opinion among economists that the U.S. economy is likely
to rebound in the summer after a tough few months is already showing
signs that it might be little more than wishful thinking.
More subprime 'pain' on way, says FDIC chairman
The home mortgage market is in need of stronger rules to protect
homeowners, the chairman of the Federal Deposit Insurance Corp. says,
adding that there will be "continued pain" as the market grapples with
resetting subprime and non-traditional mortgages.
Apple forfeits 'iPhone premium' as concerns mount over device
Apple Inc. continues to stand by its goal of selling 10 million iPhone
units this year, but that has not quieted analyst questions about
whether demand for the iconic device is sufficient to support that
target.
U.S. stocks erase opening gains in volatile market
U.S. stocks erase opening gains in volatile market
U.S. stocks open modestly high only to fall into the red in early trade,
marking another display of market volatility after the prior day's
sell-off.
Ambac, MBIA may be warming up to idea of separating businesses
SAN FRANCISCO
Recent comments from Ambac Financial and MBIA Inc. suggest that the two
largest bond insurers may be warming up to the idea of separating their
municipal bond businesses from their more troubled structured-finance
units.
Real Estate: Lawmakers eye home-buyer tax credit to move inventory
A substantial tax credit for home buyers is likely to be part of any
second economic stimulus package enacted by Congress.
Northern Trust moves to support funds exposed to SIVs
Northern Trust Corp. in another sign of worsening credit conditions says
it will provide capital support totaling as much as $229 million to
funds it advises that have exposure to troubled structured investment
vehicles.
Tech Stocks: Intuit leads technology sector slide
Technology slip into negative territory as Intuit tumbles after
reporting a drop in its quarterly profit.
Thursday, February 21, 2008
U.S. stocks finish with losses on downbeat economic data
U.S. stocks finish with losses on downbeat economic data
U.S. stocks finish lower, with the major indexes each chalking up losses
of more than 1%, after data highlighting the nation's economic slowdown
sinks early momentum sparked by technology issues.
Metals Stocks: Gold, platinum futures soar to new record highs
Gold futures closed with gains after soaring to a new record high of
$958.40 an ounce Thursday, boosted by weakness in the U.S. dollar and
the metal's appeal as a hedge against inflation.
Crude drops 1.5% as U.S. inventories rise more than expected
Crude-oil futures dropped on Thursday for the first time in six days,
down 1.5% to close near the $98-a-barrel mark, as government data showed
U.S. crude inventories have risen more than expected.
Nestle posts 16% increase in annual profit after raising prices
LONDON
Nestle reports a 16% improvement in 2007 profit as it reaped the
benefits of its increased focus on healthier foods and managed to pass
off higher commodity costs to consumers.
Markets Thursday, 02/21/2008
| Dow : 12284.30 down 142.96
| S & P : 1342.53 down 17.50
| NASDAQ: 2299.78 down 27.32
| Bond (10Y): 3.77%, 97.75
MARKETS:
Stocks slump on recession fears
Weak Philly Fed index revives investors' worries about the slowing
economy.
Stocks tumble to a close, with Dow falling about 150 points, after bleak economic reports exacerbate recession fears.
Stocks tumble to a close, with Dow falling about 150 points, after bleak
economic reports exacerbate recession fears.
U.S. stocks mostly lower after negative economic data
U.S. stocks mostly lower after negative economic data
U.S. stocks trim early gains after another round of economic data casts
a negative light on the U.S. economy.
Metals Stocks: Gold, platinum futures soar, establish latest record-high
prices
NEW YORK
Gold and platinum futures soared anew Thursday, establishing record
highs as other metals prices also rallied, boosted by weakness in the
dollar and gold's appeal as a hedge against inflation.
Crude drops below $99 after U.S. inventories data
SAN FRANCISCO
Crude-oil futures dropped Thursday, moving below $100 a barrel after
having rallied to a new record high in the previous session, as
government data showed U.S. crude inventories have risen more than
expected.
Nestle posts 16% increase in annual profit after raising prices
LONDON
Nestle reports a 16% improvement in 2007 profit as it reaped the
benefits of its increased focus on healthier foods and managed to pass
off higher commodity costs to consumers.
Emerging Markets Report: Rocky conditions cause a slowdown in Brazil's
IPO market
SAN FRANCISCO
Brazil's market for initial public offerings has cooled from its
white-hot pace last year with companies deciding that conditions in the
broader equity market are too rough to launch new issues, according to a
report.
U.S. leading economic indicators retreat in January
U.S. leading economic indicators retreat in January
2/21/2008 10:02:56 AM
_____________________
Philadelphia-region manufacturing cools further in February
2/21/2008 10:11:05 AM
Wednesday, February 20, 2008
Markets Wednesday, 02/20/2008
| Dow : 12427.26 up 90.04
| S & P : 1360.03 up 11.25
| NASDAQ: 2327.10 up 20.90
| Bond (10Y): 3.89%, 96.75
MARKETS:
Stocks stage rally
Wall Street rises as investors weigh Fed minutes, record oil prices and
Hewlett-Packard's earnings.
Fed willing to cut more but inflation fears linger
Fed willing to cut more but inflation fears linger
The Federal Reserve confirmed that it is willing to do more to help the
economy find its footing, but warned that nagging inflation worries may
necessitate swift rate hikes once growth resumes, minutes of the latest
meetings released Wednesday show.
Futures Movers: Crude oil rallies to new record close of $100.74
Crude-oil futures briefly trade at a new record high of $100.40 a
barrel, amid continued speculation that the Organization of Petroleum
Exporting Countries will cut production.
Emerging Markets Report: Rocky conditions cause a slowdown in Brazil's
IPO market
SAN FRANCISCO
Brazil's market for initial public offerings has cooled from its
white-hot pace last year with companies deciding that conditions in the
broader equity market are too rough to launch new issues, according to a
report.
Stocks finish higher Wednesday after the Fed signals the possibility of more rate cuts and oil surges to record high.
Stocks finish higher Wednesday after the Fed signals the possibility of
more rate cuts and oil surges to record high.
Breaking News Wed., February 20, 2008
Breaking News
THE FEDERAL RESERVE LOWERS FORECAST FOR U.S. ECONOMY, AND NOW PREDICTS
SLOWER ECONOMIC GROWTH, HIGHER UNEMPLOYMENT AND HIGHER RATE OF INFLATION
Oil settles at all-time high $100.74 a barrel after the Fed lowers '08 economic growth forecast and signals further rate cuts.
Oil settles at all-time high $100.74 a barrel after the Fed lowers '08
economic growth forecast and signals further rate cuts.
Crude oil hits new record above $101 after Fed minutes released
Crude oil hits new record above $101 after Fed minutes released
2/20/2008 2:21:27 PM
U.S. stocks sink as data signal rise in inflation
U.S. stocks sink as data signal rise in inflation
U.S. stocks plunge after consumer prices climb more than analysts had
expected, heightening worries that rising inflation could restrict
future interest-rate cuts by the Federal Reserve.
Economic Report: U.S. retail-level inflation runs hotter than expected
in January
Inflation remained hot in January, led by large increases in energy and
food prices, but also in a host of underlying core prices, the
government said.
Futures Movers: Crude futures slip 1%, back below $100 a barrel
Crude-oil futures fall 1%, giving up some of their strong gains from the
previous session when the key energy contract closed above $100 a barrel
for the first time.
Sale of 3Com to Bain, Huawei stymied over security concerns
WASHINGTON
Concerns about national security could scuttle the $2.2 billion sale of
networker 3Com Corp. to a U.S. private-equity firm and its Chinese
partner.
Hewlett-Packard shares jump on results, raised outlook
Shares of Hewlett-Packard Co. jump as much as 7% after posting strong
results for its first fiscal quarter and raising its forecast for the
year.
Forums
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In 網上互動
台灣周二（19日）正式承認科索沃獨立，很可能進一步激怒中國。中國為什么對科索沃獨立不明確表態呢？
More...go to
http://www.bloglines.com/blog/johnDispatch
U.S. stocks fall at opening bell; blue chips off nearly 100 points
U.S. stocks fall at opening bell; blue chips off nearly 100 points
2/20/2008 9:38:23 AM
Consumer prices rise slightly more than forecasts. Housing starts, building permits roughly in line with estimates.
Consumer prices rise slightly more than forecasts. Housing starts,
building permits roughly in line with estimates.
Tuesday, February 19, 2008
H-P earnings jump on strong PC sales; forecast raised
H-P earnings jump on strong PC sales; forecast raised
SAN FRANCISCO
Hewlett-Packard Co. on Tuesday reported a 38% rise in first-quarter
earnings as the world's No. 1 personal computer company said strong
shipments of notebook and desktop PCs led to strong growth in sales.
Crude closes above $100 for first time ever on OPEC talk
Crude-oil futures surged nearly $5 Tuesday, to close above the $100 a
barrel mark for the first time ever, as concerns that the Organization
of Petroleum Exporting Countries may cut production boosted prices.
MarketWatch First Take: Consumers finally have clarity on next
generation DVDs
SAN FRANCISCO
Consumers finally have clarity now on the next generation DVD players,
following Toshiba's concession Tuesday to Sony's Blu-ray technology.
U.S. stocks close with losses after oil tops $100 a barrel
U.S. stocks reverse course and close lower after crude oil settles above
$100 a barrel for the first time, spooking investors.
Markets Tuesday, 02/19/2008
| Dow : 12337.22 down 10.99
| S & P : 1348.78 down 1.21
| NASDAQ: 2306.20 down 15.60
| Bond (10Y): 3.89%, 96.72
MARKETS:
Stocks slide on oil spike
Wall Street erases the day's advance as crude prices settle at record
$100.01 and gold prices jump, raising inflation fears.
Breaking News Tue., February 19, 2008
Breaking News
DRAMATIC RISE IN CRUDE: OIL CLOSES ABOVE $99 A BARREL AFTER HITTING A
HIGH OF $100.10
Gold surges in broad metals rally; platinum hits new record
Gold surges in broad metals rally; platinum hits new record
NEW YORK
Gold futures soared more than 2% in a broad commodities rally Tuesday,
as platinum surged 4% after hitting another record high of $2,174 an
ounce in electronic trading.
Market Snapshot: U.S. stocks advance for first session in three
U.S. stocks remain higher after two sessions of losses, with sentiment
bolstered by Wal-Mart Stores Inc.'s results, which offered hope about
consumer spending, and energy stocks, which drew a lift from a broad
rally in commodities.
Microsoft won't raise bid for Yahoo: report
SAN FRANCISCO
Microsoft Corp. is getting ready to play hardball in its bid for Yahoo
Inc., according to news reports Tuesday.
Wal-Mart's outlook is on the soft side; quarterly profit's up 4%
Wal-Mart Stores Inc.'s fourth-quarter profit rose 4%, driven by price
cuts, the retailing behemoth said Tuesday.
Credit Suisse writes down $2.85 bln after pricing errors
Shares in Credit Suisse Group tumble after the Swiss bank said, only a
week after reporting earnings, that it overvalued asset-backed
securities by at least $2.85 billion.
Wal-Mart reports fourth-quarter earnings from continuing operations of $1.02 a share; sales rise to $106.3 billion.
Wal-Mart reports fourth-quarter earnings from continuing operations of
$1.02 a share; sales rise to $106.3 billion.
Bond insurer MBIA says chairman and CEO Gary Dunton has resigned.
Bond insurer MBIA says chairman and CEO Gary Dunton has resigned.
Monday, February 18, 2008
Markets Monday, 02/18/2008
| Dow : 12348.21 down 28.77
| S & P : 1349.99 up 1.13
| NASDAQ: 2321.80 down 10.74
| Bond (10Y): 3.78%, 97.66
MARKETS:
Wall Street's mixed day, up week
Wall Street weakens as investors eye weak manufacturing and consumer
sentiment reports.
