Friday, December 18, 2009
Breaking News: Leaders reach deal on climate change
COPENHAGEN (AP) - The United States and four other countries,
including China, have reached a climate agreement that includes a way
to verify reductions of heat-trapping gases, a senior administration
official said. President Obama called the deal - the details of which
were still emerging - a "meaningful and unprecedented breakthrough."
But he added that "a fundamental deadlock in perspectives" prevented a
more substantial agreement
Markets Friday, 12/18/2009
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| Dow : 10328.89 up 20.63 | S & P : 1102.47 up 6.39
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| NASDAQ: 2211.69 up 31.64 | Bond (10Y): 3.54%, 98.59
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MARKETS:
Stocks gain in volatile session, end week lower
Wall Street boosted thanks to Oracle and Research in Motion. But most
indexes ended lower for the week, and trade was choppy with little
economic news and contract expirations.
U.S. stock market finds some cheer in technm
U.S STOCK MARKET FINDS SOME CHEER IN TECH
The technology sector is again illustrating why it's the best
performing sector of 2009, as results from software giant Oracle Corp.
help propel the Nasdaq Composite Index to weekly gains even as the
broad market loses ground.
OBAMA SEEKS TO SEAL DEAL IN COPENHAGEN
President Barack Obama arrived in Copenhagen Friday and very quickly
become the focus of a faltering climate deal as the U.N. summit
reached its final, whirlwind day of negotiations.
RYANAIR ENDS TALKS TO BUY 200 BOEING JETS
The Irish low-cost carrier has no plans to re-open discussions with
Boeing's rival Airbus.
U.S. STOCKS TURN LOWER AS DOLLAR STRENGTHENS
Although the Dow Jones Industrial Average takes a turn south, the
technology sector remains strong, thanks to better-than-expected
reports from Research In Motion and Oracle.
BANKS DRAG EUROPE STOCKS TO WEAKER CLOSE
European shares on Friday failed to hold early gains, closing lower on
concerns over the need for fund raising by banks.
Thursday, December 17, 2009
Markets Thursday, 12/17/2009
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| Dow : 10308.26 down 132.86 | S & P : 1096.08 down 13.10 |
| NASDAQ: 2180.05 down 26.86 | Bond (10Y): 3.48%, 99.09
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MARKETS:
Stocks slump on global jitters
Fed decision fails to inspire confidence; investors concerned over
Greek finances.
U.S. stocks slip after rise in jobless claims
U.S. STOCKS SLIP AFTER RISE IN JOBLESS CLAIMS
Stocks decline despite better-than-expected reports on manufacturing
and leading economic indicators, as investors focus on an unexpected
rise in weekly jobless claims.
HOUSE APPROVES INCREASE IN U.S. DEBT CEILING
The U.S. will be able to borrow for a few more months under
legislation passed by House lawmakers.
HEALTH DEBATE BACK ON TRACK AFTER DELAY
Buoyed by a pep-talk from President Barack Obama, Senate Democrats are
striving towards the finish line on health-care reform even as a new
poll shows public fears about higher costs and worsened care.
FED, GREEK WORRIES SEND DOLLAR TO 3-MONTH HIGH
A combination of faith in the recovery of the U.S. economy, Federal
Reserve policy and worries about the ability of Greece to service its
debt sent the dollar to multi-month highs.
NATURAL GAS RALLIES ON BIG DROP IN SUPPLIES
Futures jump after U.S. stockpiles fall more than expected as cold
temperatures across the U.S. boost demand for heating.
Senate Banking Committee confirms Bernanke for 2nd term as Fed chief by vote of 16-7. Confirmation moves to full Senate.
Senate Banking Committee confirms Bernanke for 2nd term as Fed chief
by vote of 16-7. Confirmation moves to full Senate.
U.S. leading economic indicators up 0.9% in November
U.S. leading economic indicators up 0.9% in November
12/17/2009 10:01:23 AM EDT
Number of people filing for first-time unemployment benefits rose 7,000 last week to 480,000, U.S. says.
Number of people filing for first-time unemployment benefits rose
7,000 last week to 480,000, U.S. says.
Wednesday, December 16, 2009
Bank of America names Brian Moynihan, head of BofA consumer and small business banking, to succeed Ken Lewis as CEO.
Bank of America names Brian Moynihan, head of BofA consumer and small
business banking, to succeed Ken Lewis as CEO.
Markets Wednesday, 12/16/2009
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| Dow : 10441.12 down 10.88 | S & P : 1109.18 up 1.25 |
| NASDAQ: 2206.91 up 5.86 | Bond (10Y): 3.59%, 98.13
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MARKETS:
Stocks skid after Fed holds rates
Central bank says economy will remain weak for some time but will then
see 'strengthening of economic growth.'
Fed leaves rates unchanged, near 0%. Says economic activity "has continued to pick up" and job market deterioration "is abating."
Fed leaves rates unchanged, near 0%. Says economic activity "has
continued to pick up" and job market deterioration "is abating."
Breaking News: FTC files antitrust suit against Intel
NEW YORK (AP) - The Federal Trade Commission sued Intel Corp. on
Wednesday, looking to block tactics it says the world's biggest chip
maker has used to snuff out competition. The agency said it is asking
for an order that would bar Intel from using "threats, bundled prices,
or other offers to encourage exclusive deals, hamper competition, or
unfairly manipulate the prices of its" chips.
New homes starting construction in November rose by 8.9% to an annualized rate of 574,000, matching analysts' expectations.
New homes starting construction in November rose by 8.9% to an
annualized rate of 574,000, matching analysts' expectations.
FTC sues Intel over anticompetitive tactics
FTC sues Intel over anticompetitive tactics
12/16/2009 9:09:41 AM EDT
Federal Reserve Chairman Ben Bernanke named Person of the Year bnny Time Magazine.
Federal Reserve Chairman Ben Bernanke named Person of the Year by Time Magazine.
Tuesday, December 15, 2009
Markets Tuesday, 12/15/2009
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| Dow : 10452.00 down 49.05 | S & P : 1107.93 down 6.18 |
| NASDAQ: 2201.05 down 11.05 | Bond (10Y): 3.58%, 98.22
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MARKETS:
Wall Street breaks win streak
A four-session run peters out, a day after the leading indexes end at
14-month highs, on mixed economic news and a stronger dollar.
Financials remain thorn is stock market's side
FINANCIALS REMAIN THORN IS STOCK MARKET'S SIDE
News that Citigroup and Wells Fargo are paying back government funds
did little to bolster a sector plagued by rising delinquencies and a
hobbled lending environment.
U.S. STOCKS DROP AS WHOLESALE PRICES HEAD HIGHER
Concerns over rising wholesale prices and deteriorating manufacturing
conditions send stocks lower, although gains in commodities help to
pare earlier declines.
BEST BUY PROFIT TOPS VIEW; STOCK HIT ON MARGIN
Boosted by U.S. holiday shoppers buying items from laptop computers to
mobile phones, Best Buy's third-quarter profit more than quadruples as
the retailer raises its forecast for the full fiscal year. But
investor concerns about margins for the all-important fourth quarter
leave Best Buy's shares on the defensive.
RETAIL STOCKS FALL; BEST BUY HIT ON MARGIN OUTLOOK
Retail stocks fall after No. 1 U.S. electronics chain Best Buy Co. says
fourth-quarter gross margin, a measure of profit, would be worse than
expected in the face of deflation in notebook computers and flat panel
televisions.
KRAFT CHALLENGES CADBURY'S UPBEAT FORECAST
Kraft claims the U.K. chocolate producer is being ambitious over
targets it's never previously achieved.
Wholesale-level inflation runs hotter in November, U.S. data show
Wholesale-level inflation runs hotter in November, U.S. data show
12/15/2009 8:32:14 AM EDT
Monday, December 14, 2009
Markets Monday, 12/14/2009n
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| Dow : 10501.05 up 29.55 | S & P : 1114.11 up 7.70
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| NASDAQ: 2212.10 up 21.79 | Bond (10Y): 3.55%, 98.50
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MARKETS:
Wall Street jumps to 14-month highs
Stocks advance as financing from Abu Dhabi cools default worries.
Citigroup closes deal to repay TARP.
Breaking News Mon., December 14, 2009
Report: Iran to Put American Hikers on Trial [5:38 a.m. ET]
Sunday, December 13, 2009
Breaking News: Senate passes $1.1 trillion bill
WASHINGTON - The Senate voted 57-35 to pass the spending bill that
includes budget increases for vast areas of the U.S. government. The
measure goes to President Obama for his signature.
