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CORRECT:UPDATE:US Stks Up; Consumer Confidence Spurs Broad Gains

admin — Wed, 27 May 2009 10:42:37 +0000

(”UPDATE: US Stocks Up As Consumer Confidence Spurs Broad Gains” published at 5:18 pm EDT misspelled Regions Financial’s name in the last paragraph.

STOCKS NEWS US-Markets fall as jobs, Fed data hurts optimism

admin — Thu, 21 May 2009 17:01:09 +0000

Major US stock indexes fell on Thursday, pressured as signs of further job weakness and a disappointing Fed regional survey fueled doubts about prospects for a quick economic rebound. The Dow Jones industrial average fell 1.7 percent to 8,283.06 while the S&P 500 lost 1.7 percent to 888.23 and …

Wall St Week Ahead: Stocks may brake for housing, Home Depot

admin — Sun, 17 May 2009 18:47:12 +0000

By Ellis Mnyandu NEW YORK, May 15 (Reuters) – US stocks are likely to hit more speed bumps next week as investors become more wary of Wall Street’s ability to rally further and housing starts, jobless claims and other indicators are in the spotlight.

US Stocks Slide As Energy Companies Pace S&P 500 Lower

admin — Sat, 16 May 2009 20:10:47 +0000

By Peter A. mckay and Geoffrey Rogow US stocks pushed lower in choppy trading Friday, with data confirming that inflation isn’t yet picking up weighing on energy companies.

US crude oil, gasoline stocks fall unexpectedly: EIA

admin — Wed, 13 May 2009 21:10:48 +0000

By Haitham Haddadin NEW YORK (Reuters) – US crude oil stocks fell unexpectedly last week, their first drop in 10 weeks, as imports decreased, the federal Energy Information Administration said in weekly data released Wednesday.

US STOCKS-Wall St falls after weak retail data

admin — Wed, 13 May 2009 21:06:53 +0000

By Leah Schnurr NEW YORK, May 13 (Reuters) – US stocks tumbled on Wednesday as worse-than-expected retail sales hurt shares in the sector, including Wal-Mart Stores Inc, and dampened recent enthusiasm over the economic outlook.

TAKE-A-LOOK-US bank stocks rally ahead of stress test results

admin — Thu, 07 May 2009 22:25:20 +0000

Citigroup Inc (CN) and Bank of America Corp (BAC.N) shares rallied in premarket trading ahead of the release of “stress test” results that will force them and other top banks to raise tens of billions of dollars in capital.

US stocks lose steam, Nasdaq turns negative

admin — Wed, 06 May 2009 15:48:38 +0000

By Nick Godt NEW YORK (MarketWatch) — US stocks lost some steam in morning trade Wednesday, and the Nasdaq Composite turned negative, with shares of Cisco leading broad declines among technology shares. The Dow Jones Industrial Average ($INDU: , , ) was up 6 points, or 0.1%, at 8,421, well off …

US Stocks Down In Cautious Trading; DJIA Off 29

admin — Tue, 05 May 2009 20:48:02 +0000

By Peter A. McKay and Geoffrey Rogow US stocks traded lower Tuesday afternoon as upcoming reports on jobs and bank capital levels weighed on sentiment and offset a string of improving economic reports in recent sessions. Recently, the Dow Jones Industrial Average was off 29 points to 8397 after …

FINANCIAL STOCKS Financials post best day in more than a month

admin — Mon, 04 May 2009 21:55:20 +0000

By Greg Morcroft, MarketWatch NEW YORK (MarketWatch) — Shares of US financial stocks posted their best day in more than a month on Monday, rising about 10% as investors handicapped what “stress-test” results assessing the nation’s largest banks will …