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Entries Tagged as 'Stock Markets News'

Stocks Close Slightly Higher, Tech Jumps

October 12th, 2007 · No Comments

Stocks Close Modestly Higher Following Economic Readings; GM, McDonald’s Rise; Tech Climbs
Wall Street closed out a bumpy week with a moderate advance Friday as tech stocks charged higher on takeover news and other sectors gained on data that indicated the economy is expanding at a healthy pace. The major indexes managed to post gains for […]

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Stocks Fall As Traders Book Profits

October 11th, 2007 · No Comments

cStocks Fall As Worries About Inflation, Corporate Health Prompt Traders to Book Profits
 
 
The news caused traders to take profits from big gains made earlier in the session. The Dow Jones industrial average and the Standard & Poor’s 500 index had reached record levels after Wal-Mart Stores Inc. lifted its profit forecast.
But in the afternoon, ECB […]

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Stocks Bound Higher on Rate Cut Hope

October 11th, 2007 · No Comments

Wall Street advanced sharply Tuesday as investors interpreted minutes from the Federal Reserve’s last meeting as indicating the central bank is ready to keep cutting interest rates to boost the economy. The Dow Jones industrial average and Standard & Poor’s 500 index reached new record highs.
The minutes from the Federal Open Market Committee’s Sept. 18 […]

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Stocks Up Ahead of Earnings, Fed Minutes

October 11th, 2007 · No Comments

NEW YORK Wall Street advanced modestly Tuesday and as investors awaited minutes from the Federal Reserve’s last meeting and the earnings season’s unofficial kickoff with Alcoa Inc.’s report.
The report from aluminum producer Alcoa, the first of the 30 constituent stocks of the Dow Jones industrial average to release results, could provide investors further insight into […]

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Earnings may keep stocks rally alive

October 6th, 2007 · No Comments

NEW YORK (Reuters) - Stocks wrapped up their first week of the fourth quarter by touching record highs, and the potential for profits to beat reduced expectations as results start coming in next week may keep the rally alive.
 
 
The Dow and the S&P 500 surged to all-time intraday highs on Friday after a solid employment […]

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