U.S. stocks finish lower Wednesday; Dow gains 2% for September and 15%
for the quarter
9/30/2009 4:05:14 PM EDT
Wednesday, September 30, 2009
U.S. stocks finish lower Wednesday; Dow gains 2% for September and 15% for the quarter
Oil prices spike nearly 6% ,to $70.61 a barrel, on a surprise dip in gasoline inventory and concern about Iran's nuclear facility.
Oil prices spike nearly 6% ,to $70.61 a barrel, on a surprise dip in
gasoline inventory and concern about Iran's nuclear facility.
Tuesday, September 29, 2009
Energy: Cnooc in talks to buy stakes in Nigeria fields
Chinese oil producer Cnooc is in talks with Nigeria to buy stakes in
some of the world's richest oil blocks in the African nation,
according to a published report.
Friday, September 25, 2009
U.S. stocks struggle for direction; Research In Motion drags on Nasdaq
U.S. stocks struggle for direction; Research In Motion drags on Nasdaq
9/25/2009 9:50:52 AM EDT
New home sales rise for 5th straight month, to annual rate of 429,000, government says, but level is below forecasts.
New home sales rise for 5th straight month, to annual rate of 429,000,
government says, but level is below forecasts.
Wednesday, September 23, 2009
Fed extends debt-buying plan through March, leaves rates unchanged
Fed extends debt-buying plan through March, leaves rates unchanged
9/23/2009 2:20:28 PM EDT
Monday, September 14, 2009
Markets Monday, 09/14/2009
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| Dow : 9626.80 up 21.39 | S & P : 1049.34 up 6.61 |
| NASDAQ: 2091.78 up 10.88 | Bond (10Y): 3.42%, 101.66
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MARKETS:
Stocks turn higher
Markets manage advance after a choppy morning as Wall Street weighs
Obama speech and eyes China trade dispute.
The U.S. placed tariffs on Chinese tires, and China struck back with a
probe of U.S. chickens. The tension needs to pass. Protectionism could
hurt a recovery.
Obama: 'Learn lessons of Lehman'
In speech on Wall Street, president says bailouts are working and
economy is stabilizing, but regulatory reform is needed to prevent
future collapses.
Friday, September 11, 2009
Energy: Approval for Gorgon gas project expected in days
The massive Gorgon liquid natural-gas project off the coast of
Australia has languished on the books for years, but now the work of
oil majors Chevron, Exxon and Shell may begin soon.
China imports of crude, iron ore fall from record
China's August imports of crude oil and iron ore fall from the
previous month's record high, while copper imports slump 20% as the
country slows its pace of commodities stockpiling.
Crude contract edges lower but holds at $72 mark
Crude-oil futures edge lower but hold at the $72-a-barrel mark, as
traders step to the sidelines after four straight higher sessions.
Thursday, September 10, 2009
Markets Thursday, 09/10/2009
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| Dow : 9627.48 up 80.26 | S & P : 1044.14 up 10.77 |
| NASDAQ: 2084.02 up 23.63 | Bond (10Y): 3.35%, 102.28
|-----------------------------------------------------------------------------|
MARKETS:
Stocks end at 2009 highs
Wall Street cheers as strong debt auction, P&G forecast, Geithner
comments and drop in jobless claims draw investors.
Stocks end at 2009 highs on Geithner comments, debt sale and positive data. Dow rises 78 points, Nasdaq and S&P gain 1%.
Stocks end at 2009 highs on Geithner comments, debt sale and positive
data. Dow rises 78 points, Nasdaq and S&P gain 1%.
Stimulus boosted employment by 1 million jobs in August, Obama administration says in first Recovery Act report to Congress.
Stimulus boosted employment by 1 million jobs in August, Obama
administration says in first Recovery Act report to Congress.
GM says it has agreed to sell a majority stake in European automaker Opel to a Russian and Canadian consortium.
GM says it has agreed to sell a majority stake in European automaker
Opel to a Russian and Canadian consortium..
Wednesday, September 9, 2009
Obama urges Congress to act on health care
WASHINGTON (AP) - President Obama summoned Congress to enact sweeping
health care legislation Wednesday night, declaring the "time for
bickering is over" and the moment has arrived to help millions who
have insurance and many more without it. In a televised speech to a
joint session of Congress, Obama spoke in favor of an option for the
federal government to sell insurance in competition with private
industry - probably the most contentious proposal currently being
debated. But he said he was open to alternatives that create choices
for consumers
Energy stocks snap higher on crude gains
After a rocky start, oil and gas stocks gain ground, taking strength
from a higher stock market and rising oil prices.
Stocks waver at the open as a post-holiday rally fizzles.
Stocks waver at the open as a post-holiday rally fizzles.
Tuesday, September 8, 2009
Energy: Oil rises as dollar falls; OPEC meeting eyed
Oil futures rose above $69 a barrel on Tuesday, as sharp weakness in
the U.S. dollar boosted commodities and energy traders eyed the
upcoming meeting of the OPEC oil cartel.
Energy: Dollar tumbles versus major rivals
The U.S. dollar falls to a new yearly low versus the euro and tumbled
versus other major rivals, undercut as investors continue to show
rising appetite for risk amid a push higher by Chinese equities,
improving economic data and renewed questions about the dollar's role
as the world's premier reserve currency.
Wednesday, September 2, 2009
Energy: BP discovery lifts oil shares; drilling stocks off
Energy stocks trade mostly lower to extend the sector's September
losing streak into a second day, but U.S.-listed shares of BP gain on
the company's major find in the Gulf of Mexico.