Home construction tumbled in February, with major snowstorms crippling business already hobbled by foreclosures. More EconTracker: Where are housing starts headed? Odd Way to Measure Mortgage Modifications Separately, U.S. import prices in February posted their first monthly drop since July 2009, dragged down by lower fuel prices, indicating [...]
Stocks edged higher for a second straight day thanks to a rally in the financial sector led by American International Group and Citigroup, which conducted a successful offering of $2 billion in securities. The deal heightened traders’ confidence that Wall Street is putting the worst effects of the financial crisis behind it. In [...]
SINGAPORE — Asian share markets were mostly higher Monday with resource-related stocks in the region gaining on higher commodity prices and Australia’s Arrow Energy surging on corporate action. “Positive noises about Greece and better (than expected) U.S. nonfarm payrolls brings risk back on the table,” said Khoon Goh, senior economist at ANZ bank in Wellington. [...]
A woman cycles past a stock market indicator board in Tokyo Photo: EPA In London the FTSE 100 ended the day at an 18-month high, up 1.3pc or 72.54 at 5599.7. Over the week the index of leading shares was up 4.6pc. Mining companies were among [...]
Analyst upgrades of a trio of blue-chip companies pushed the stock market higher, allowing the Dow Jones Industrial Average to return to positive territory for 2010 to date. The Dow Jones Industrial Average rose 47.38 points, or 0.5%, to 10444.14, leaving it up 0.2% for the year. It was led by a 2.9% gain in [...]
Stocks climbed as merger activity combined with solid economic data and an upbeat outlook for the semiconductor sector to push two market indexes into positive territory for the year. Market Data Center Most Actives | Gainers | Losers New Highs and Lows | Money Flows [...]
NEW YORK—The U.S. stock market edged down in choppy trading Monday as energy stocks slipped, but the health-care sector pared losses made after President Barack Obama unveiled a $950 billion health-care proposal. The Dow Jones Industrial Average was down 19 points, or 0.2%, at 10381, in recent trading. Drug-maker Merck was the Dow’s worst performer, [...]
Stocks clawed their way out of a deep hole, boosted by improved U.S. economic data that appeared to spark some late buying. Associated Press Michael Omara, a trader with Barclays, reacts as he looks at a trading monitor on the floor of the New York Stock Exchange, Friday Feb. 5, 2010. Stocks [...]
FTSE 100 The index of leading shares opened down 1.3pc on Friday. Spain’s IBEX index opened down 1.9pc, Germany’s DAX 1.pc, and France’s CAC 1.3pc. Earlier, major markets in Asia tumbled as worries about the strength of the global recovery resurfaced. Japan’s benchmark Nikkei 225 lost 2.9pc, China’s Shanghai Composite [...]
After a brief stumble, stocks marched higher on Tuesday thanks to strong housing data, leaving the market with its best two-day winning streak in nearly three months. The Dow Jones Industrial Average struggled from the opening bell until just after the release of data showing that pending sales of existing homes unexpectedly [...]
Greece Avoids S&P Downgrade
Thais spill blood at PM’s house
All sides playing hardball on health care bill
(AP)
Clinton affirms US Israel support
Thai protesters give blood to pour on streets
(AP)
Sri Lanka trial for ex-army chief
EU urges faster cut of UK deficit
Dems start countdown toward health care vote
(AP)
Israel-US ties ‘at historic low’
Deadline for Thai Parliament dissolution passes
(AP)
China Talks Tough to U.S. on Currency
Thai PM rejects protest ultimatum
New deal for rape victims urged
Dem House vote-counter lacks health care votes now
(AP)
Vatican denies celibacy rule led to sex scandal
(AP)