U.S. Stocks Trade Mixed
|
|
| The dollar weakened; Crude-oil futures moved lower; Gold climbed |
|
| Consumer sentiment fell to 87.7 in April, down vs. 92.6 in March. Analysts had foreseen 89. Consumer expectations fell to 77 from 82.8 a month earlier. Microsoft shares surged 1.5% after the company posted a nearly doubled profit. |
|
|
Full Story... |
Stocks Seem Ready to Bounce Back
|
|
| Asia ends mostly lower; Dollar drops vs. Euro; High oil prices decline optimism |
|
| U.S. stock futures were up in early trading, following Thursday losses of more than 1% all major U.S. indices and a weak GDP report. After the bell Thursday, Microsoft announced its income was in line with estimates but on weaker-than-expected revenue. |
|
|
Full Story... |
Slower Economic Growth Worries Market
|
|
| Slowest expansion in Two years, oil closes above, flow of positive earnings continue, Averages close below 1% |
|
| Positive Earnings continue to flow from companies in every sector, home builders, defense, chemicals, health insurance, railroads, energy and technology. But market seem to worry that earnings growth may not be sustainable if economy does not pick up more momentum. |
|
|
Full Story... |
Stocks Slip on GDP Reading
|
|
| Gold prices were mixed; Crude oil dips below $50; Dollar weakens |
|
| Stocks moved down Thursday as in the latest gross domestic product report raised more questions about the strength of the economy, despite sound earnings results and boosted forecasts from Procter & Gamble Co. and Northrop Grumman Corp. |
|
|
Full Story... |
Futures Indicate Lower Opening
|
|
| Oil slips in Europe, Comcast, Dow, P&G report higher earnings |
|
| Major markets in Asia finished mixed Thursday. Major European markets were higher in early trading. U.S. stock futures were slightly down in early trading, pointing to a lower opening for stocks ahead of the government's latest reading on the state of the economy in 1Q and the latest earnings reports. |
|
|
Full Story... |
Fall in Oil Reverse the Averages
|
|
| Baker Hughes, Verizon, Temple Inland, report exceed, Newmont, Phelps Dodge, Hess miss targets, oil drops $2.59 durable orders decline |
|
| Morning trading focused on the earnings miss from several companies including Newmont and Phelps Dodge and unexpected decline in durable orders. In the afternoon, with the report from energy department showing a rise in oil inventories, reversed the market course driving the averages higher. Gold fell more than 1% in metals market. |
|
|
Full Story... |
Stocks Temper Losses on Falling Oil
|
|
| Crude-oil prices slide below $53 |
|
| Stocks slid Wednesday as a surprisingly lofty plunge in durable goods orders provoked new worries about the strength of the economy, shadowing earnings news from Verizon Communications Inc. and other companies. However, falling oil prices allowed stocks to trim losses. |
|
|
Full Story... |
U.S. Stocks Set to Open Lower
|
|
| Tokyo Stocks Down; Dollar Gains in Europe |
|
| Tokyo stocks tumbled after slow-moving U.S. stocks and a cheerless outlook from the major European chipmaker Infineon Technologies AG convinced some investors to sell tech and semiconductor issues. |
|
|
Full Story... |
Techs lead stocks lower
|
|
| Zoll, Lexmark, Dupont, Mittal, miss earnings driving stocks lower, IBM dividend hike and new home sales jump of 10% fail to stop the sell-off |
|
| IBM raised quarterly dividend by 11% to 20 cents a quarter, March new home sales jumped 10% but markets focused on earnings misses from Zoll Medical, Dupont, Mittal, Lexmark, overshadowing the good earnings from Chubb, American Express and Coach, T. Rowe Price, Wrigley and publisher Thomson. |
|
|
Full Story... |
Stocks Trade Lower on Economic Data
|
|
| Oil Drops below $54 per barrel; Bonds fall; Dollar Mixed; Gold Rises, New Home sales Up, Consumer Confidence Dips |
|
| Contradictory economic data held stocks mixed Tuesday and investors stayed away waiting for next week's Federal Reserve Rate decision. The Commerce Department's report marked a growth in new home sales last month. |
|
|
Full Story... |
|
|