Stock Markets News

The Wall Street entrance to the New York Stock Exchange is pictured March 27, 2009. REUTERS/Eric Thayer

Stronger housing, weaker dollar boost Wall Street

Reuters - 13 minutes ago

NEW YORK (Reuters) - U.S. stocks rose on Monday, with the S&P 500 on track to snap a three-day sell-off as stronger-than-expected home sales data fueled optimism about the economic recovery while a weaker dollar boosted commodity-linked stocks.

  • Specialists work on the floor of the New York Stock Exchange Monday, Nov. 23, 2009. Investors halted the stock market's three-day losing streak Monday, buying on a range of factors including the weaker dollar and better-than-expected home sales numbers. (AP Photo/Richard Drew)
    Weak dollar, home sales data carry stocks higher AP - 49 minutes ago

    NEW YORK - Investors halted stocks' three-day losing streak Monday, sending prices higher across the market on a lower dollar and better-than-expected home sales numbers.

  • The leading shares posted big gains, led by miners who were boosted by better-than-expected US housing data and a weak US dollar.(AFP/File/Shaun Curry)
    FTSE 100 makes big gains AFP - Mon Nov 23, 12:31 PM ET

    LONDON (AFP) - The leading shares posted big gains on Monday, led by miners who were boosted by better-than-expected US housing data and a weak US dollar.

  • A look at economic developments around the globe AP - Mon Nov 23, 12:15 PM ET

    A look at economic developments and activity in major stock markets around the world Monday:

  • A South Korean currency trader passes by a screen showing the Korea Composite Stock Price Index (KOSPI) at the Korea Exchange Bank headquarters in Seoul, South Korea, Monday, Nov. 23, 2009. The KOSPI fell 1.55 points, or  0.10 percent, to close at 1,619.05 Monday. (AP Photo/Ahn Young-joon)
    World markets rally as gold strikes new high AP - Mon Nov 23, 11:58 AM ET

    LONDON - World markets rose sharply Monday amid further hopeful signs about the global economic recovery. Commodity stocks led the charge, particularly in London, after gold hit another record high.

  • A bar of Cadbury's chocolate. The FTSE 100 has risen sharply as the dollar weakened, mirroring surging commodities, while signs of a possible international battle for confectioner Cadbury focused traders' minds.(AFP/Leon Neal)
    FTSE soars as Nestle eyes Cadbury AFP - Mon Nov 23, 10:05 AM ET

    LONDON (AFP) - The FTSE 100 rose sharply on Monday as the dollar weakened, mirroring surging commodities, while signs of a possible international battle for confectioner Cadbury focused traders' minds.

  • TSX opens higher as resource stocks rally Reuters - Mon Nov 23, 9:43 AM ET

    TORONTO (Reuters) - Toronto's main stock index shot higher at the open on Monday as stronger prices for Canadian exports like oil and gold supported the resource-heavy index.

  • A trader smiles while working on the floor of the New York Stock Exchange in early November. Global stock markets rose sharply as the dollar weakened, mirroring surging commodities, while signs of a possible international battle for British confectioner Cadbury focused traders' minds.(AFP/Getty Images/File/Mario Tama)
    World stocks rally as dollar falters AFP - Mon Nov 23, 6:48 AM ET

    LONDON (AFP) - Global stock markets rose sharply on Monday as the dollar weakened, mirroring surging commodities, while signs of a possible international battle for British confectioner Cadbury focused traders' minds.

  • A man checks his laptop in front of a stock index monitor in Taipei. Taiwan plans to restrict Chinese stock investment in strategic sectors, as it seeks to keep control of its economy amid rapidly growing ties with the mainland, local media said Monday.(AFP/File/Sam Yeh)
    Taiwan to curb China investment: report AFP - Mon Nov 23, 3:05 AM ET

    TAIPEI (AFP) - Taiwan plans to restrict Chinese stock investment in strategic sectors, as it seeks to keep control of its economy amid rapidly growing ties with the mainland, local media said Monday.

  • People walk along Newbury Street carrying shopping bags in Boston, Massachusetts in this file photo taken on October 1, 2009. REUTERS/Jessica Rinaldi/Files
    Stocks may sputter with Black Friday eyed Reuters - Sun Nov 22, 6:41 PM ET

    NEW YORK (Reuters) - Stocks could sputter this week as volumes dry up in holiday-shortened trading and with a slew of economic reports likely to illustrate the recovery is still fragile.

  • FILE - In this Nov. 19, 2009 file photo, shoppers prepare to load their car with purchases from a Kmart store in Somerville, Mass. This week, which will be abbreviated due to Thanksgiving, investors will look to reports on home sales, unemployment and consumer confidence and the start of the holiday shopping season on Friday for more insight into the direction of the economy. (AP Photo/Elise Amendola, File)
    Investors look to data-heavy week for more clarity AP - Sun Nov 22, 3:19 PM ET

    NEW YORK - Investors are heading toward the final month of the year with more questions about the economy than they had just a few weeks ago.

  • A trader works on the floor of the New York Stock Exchange moments before the closing bell on November 5 in New York City. Key housing sector data may provide direction for Wall Street in the coming week as the market looks for confirmation of economic recovery and girds for the year-end holiday period.(AFP/Getty Images/File/Spencer Platt)
    Housing data in focus as Wall Street rally pauses AFP - Sat Nov 21, 12:47 PM ET

    NEW YORK (AFP) - Key housing sector data may provide direction for Wall Street in the coming week as the market looks for confirmation of economic recovery and girds for the year-end holiday period.

  • Nasdaq notifies Overstock it violated listing rule AP - Fri Nov 20, 6:22 PM ET

    SALT LAKE CITY - Overstock.com Inc. said Friday that it received a listing rule violation letter Thursday from the Nasdaq Stock Market related to the recent filing of its third-quarter report.

  • How the major stock indexes fared on Friday AP - Fri Nov 20, 6:08 PM ET

    Stocks fell for a third straight day Friday as a disappointing outlook from computer maker Dell Inc. suggested that an economic recovery could be uneven.

  • New questions arise in Pequot trading probe AP - Fri Nov 20, 3:57 PM ET

    WASHINGTON - A new development related to the government's investigation of possible insider trading at a major hedge fund has raised questions in the case and caught the attention of two key senators.

  • U.S. lawmakers urged to drop clearinghouse owner cap Reuters - Fri Nov 20, 2:08 PM ET

    NEW YORK (Reuters) - NYSE Euronext , LCH.Clearnet, BATS Global Markets and other firms partnered with banks have urged two U.S. legislators to drop a proposed "rigid" cap on dealer ownership of clearinghouses, according to a letter sent this week.

  • London's FTSE 100 index closed lower, ending a week which saw the index of leading shares striking a 2009 high.(AFP/File/Ben Stansall)
    FTSE ends week lower after positive start AFP - Fri Nov 20, 12:49 PM ET

    LONDON (AFP) - London's FTSE 100 index closed lower on Friday, ending a week which started with the index of leading shares striking a 2009 high.

  • Rio Tinto unit Cloud Peak falls in NYSE debut Reuters - Fri Nov 20, 10:20 AM ET

    NEW YORK (Reuters) - Cloud Peak Energy Inc , a unit of Rio Tinto Plc, fell in its debut on the New York Stock Exchange on Friday after its shares priced below expectations in the U.S. coal miner's initial public offering.

  • View of the Paris stock exchange, the Bourse, and the Eiffel tower. Europe's main stock markets have steadied one day after equities slumped on jitters regarding the economic outlook, traders say.(AFP/File/Pierre Verdy)
    European stocks steady in midday trade AFP - Fri Nov 20, 7:22 AM ET

    LONDON (AFP) - Europe's main stock markets steadied on Friday one day after equities slumped on jitters regarding the economic outlook, traders said.

  • A man walks past an electronic display board showing the FTSE 100 share index in London. Stocks in London recovered slightly at the start of trading following sharp losses one day earlier.(AFP/File/Shaun Curry)
    London stocks recover at open AFP - Fri Nov 20, 3:46 AM ET

    LONDON (AFP) - Stocks in London recovered slightly at the start of trading on Friday following sharp losses one day earlier.

  • SEC told to improve ways it chooses probe targets AP - Thu Nov 19, 6:42 PM ET

    WASHINGTON - The Securities and Exchange Commission must tighten its process for deciding which investment advisers to inspect if it is to avoid colossal breakdowns like the one that allowed Bernard Madoff's multibillion-dollar fraud to go undetected for 16 years, the agency's inspector general says.

  • A man walks past Intel motherboard displays during the 2009 Computex exhibition in Taipei June 2, 2009. REUTERS/Nicky Loh
    Chip stocks fall on downgrade, CEOs talk recovery Reuters - Thu Nov 19, 2:23 PM ET

    BARCELONA/SAN FRANCISCO (Reuters) - Chip stocks fell on Thursday after Bank of America Merrill Lynch downgraded the sector on a possible inventory correction, although two of Europe's top chipmakers were upbeat about recovery prospects.

  • The FTSE 100 slipped on Thursday amid renewed concern about the strength of recovery from the worst global economic crisis in decades after some mixed data and forecasts.(AFP/File/Shaun Curry)
    FTSE 100 slips on OECD warnings AFP - Thu Nov 19, 12:54 PM ET

    LONDON (AFP) - The FTSE 100 slipped on Thursday amid renewed concern about the strength of recovery from the worst global economic crisis in decades after some mixed data and forecasts.

  • The head of India's biggest company Reliance Industries, Mukesh Ambani, seen here in 2008, is once again the wealthiest person in India. The number of billionaires in India almost doubled in the past 12 months to 52, mainly thanks to a recovery in global stock markets, a richlist from US magazine Forbes showed Thursday.(AFP/File/Prakash Singh)
    Indian billionaires bounce back: Forbes AFP - Thu Nov 19, 12:08 PM ET

    NEW DELHI (AFP) - The number of billionaires in India almost doubled in the past 12 months to 52, mainly thanks to a recovery in global stock markets, a richlist from US magazine Forbes showed Thursday.

  • Chip stocks fall on BofA Merrill downgrades Reuters - Thu Nov 19, 11:40 AM ET

    BANGALORE (Reuters) - Semiconductor stocks fell sharply after BofA Merrill Lynch turned bearish on the industry and downgraded several chipmakers, including Intel Corp , citing a modest rise in inventories.

  • A Malaysian woman talks on a mobile phone at a Maxis exhibition booth in Kuala Lumpur on November 19. The country's top mobile operator has made a strong return to the bourse in Southeast Asia's biggest ever IPO worth 3.3 billion dollars.(AFP/Kamarul Akhir)
    Malaysia's Maxis in S.E.Asia's biggest IPO AFP - Thu Nov 19, 1:14 AM ET

    KUALA LUMPUR (AFP) - Malaysia's top mobile operator, Maxis, made a strong return to the bourse Thursday in Southeast Asia's biggest ever IPO worth 3.3 billion dollars.

  • Malaysia's Maxis debuts at 9.2 percent above IPO AP - Thu Nov 19, 12:47 AM ET

    KUALA LUMPUR, Malaysia - Shares of Malaysia's top mobile phone company Maxis Berhad jumped 9.2 percent on their return to the bourse Thursday following the biggest share sale ever in Southeast Asia.

  • Investors play cards in front of an electronic screen showing stock information at a brokerage house in Taiyuan, Shanxi province, November 16, 2009. REUTERS/Stringer
    Stronger dollar weakens gold, equities slip Reuters - Thu Nov 19, 4:09 AM ET

    LONDON (Reuters) - The dollar pushed further away from 15-month lows on Thursday, forcing gold prices lower while global equities slipped from the top of their recent range.

  • Coventry, BJ's Wholesale, Vivus are big movers AP - Wed Nov 18, 5:03 PM ET

    NEW YORK - The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange:

  • SEC subpoenaed former NM state investment officer AP - Wed Nov 18, 11:22 AM ET

    SANTA FE, N.M. - The Securities and Exchange Commission subpoenaed former state Investment Officer Gary Bland to testify as part of an investigation into public investment funds in New Mexico, according to documents released Tuesday.

1  2    Next