Stocks rally on rate hopes and oil's decline
Stocks rally on rate hopes and oil's decline
Reuters – U.S. crude oil futures fell in a sell-off on the New York Mercantile Exchange, triggered by talk among traders that there might soon be a ceasefire in the conflict between Israel and Hizbollah in Lebanon. The Dow Jones industrial average< .DJI>was up
OIL FUTURES: Oil Lower On Profit Taking But Seen Firmer
CattleNetwork.com – LONDON (Dow Jones)–Crude oil prices in London fell Friday on profit taking but Nigerian light sweet grade's supply cuts and the ongoing Middle Eastern tensions are keeping the mood bullish. At 0959 GMT, the front-month September Brent contract on
Big Movers in the Stock Market
Las Vegas Sun – NEW YORK (AP) – Stocks that were moving substantially or trading heavily Friday on the New York Stock Exchange and Nasdaq Stock Market. The contract electronics manufacturer swung to a quarterly loss but forecast an improved third quarter. Massey
Markets drop on GDP fears
Times-Leader – Oil futures posted more gains amid caution about the Middle East conflict and pipeline snags at Shell s Nigerian operations. A barrel of light crude gained 60 cents to settle at $74.54 on the New York Mercantile Exchange. Investors excitement
Economy Slows Sharply, Inflation Heats Up
Fort Lauderdale Sun-Sentinel – WASHINGTON — The economy's growth slowed sharply in the second quarter, logging just a 2.5 percent pace as consumers tightened their belts and spending on home building dived. Inflation, however, shot up. The latest snapshot of gross domestic
Gold up but inside Tuesday's range
Philadelphia Enquirer – NEW YORK – Gold futures settled slightly higher on Wednesday, as traders waited for direction from the movement of the dollar, oil or world events."It's a wait-and-see game and many people are trying to gauge the geopolitical landscape before making
Stock futures flat; earnings, GDP eyed
Washington Post – LONDON (Reuters) – Stocks futures were mixed on Friday, indicating a similar start on Wall Street, with further corporate earnings and key U.S. growth data due later. Companies reporting include Chevron Corp
Oil prices up slightly; Venezuelan minister says OPEC powerless to
CJAD – At London's ICE Futures exchange, Brent crude for September rose 32 cents to US$75.33 a barrel. In other Nymex trading Friday, gasoline futures remained steady at US$2.2960 a gallon, while heating oil futures rose 0.75 cent to US$1.9871 a gallon
Wall Street seen higher as investors mull GDP data
MSN MoneyCentral – US stocks were poised to open higher on Friday as investors mulled new data on the health of the US economy along with positive earnings from the oil services sector. An hour before the bell, S&P 500 futures were 4.77 points above fair value, while
U.S. stock futures lean higher on GDP data
Marketwatch – LONDON (MarketWatch) — U.S. stock market futures leaned higher Friday as slower-than-expected economic growth provided hopes that the Federal Reserve would stop raising interest rates, offsetting concerns over a greater-than-expected jump in labor