123jump.com Staff
29 Dec, 2009
New York City
U.S. stocks traded sideways as commodities remained near their multi-year highs. Same store retail sales at stores increased 2.3% in the week ending December 26. The dollar edged higher against the euro and the yen.
Mayank Mehta
29 Dec, 2009
New York City
European markets edged higher with most markets are set to register at least 20% gains in 2009. The DAX index in Germany is up 25%, CAC 40 index is ahead 23% and FTSE 100 index has gained 22%. The broader indexes have gained the most in four years.
Mayank Mehta
29 Dec, 2009
New York City
UK stocks gained for the fifth day in a row as it rebounds to pre-Lehman crisis level and recover 53% from its lows in March. The index is up 22% for the year. Vodafone Group acquired a Turkey based telecom operator. Natural resource stocks lead gainers as copper and metal prices gain.
Mayank Mehta
29 Dec, 2009
New York City
Banks and two mortgage agencies Fannie Mae and Freddie Mac led the most active stocks in New York. Imperial Sugar settles its property insurance claim for $345 million. Resource stocks gained after a rally in copper and sugar. Banks led the most active stocks in New York trading.
123jump.com Staff
28 Dec, 2009
New York City
U.S. stocks pared their early gains in the afternoon. Better than expected holiday sales lifted select retailers. Airlines trended lower after an attempted terrorist attack on December 25. Cal-Maine second quarter net declined 41% and sales fell 4%.
Darlington Musarurwa
28 Dec, 2009
New York City
Australia debt soars to A$1.2 trillion. Glencore International considers IPO. The NSW state extends 50% lowered stamp duty on home purchases for another six months.
Darlington Musarurwa
28 Dec, 2009
New York City
Stocks in Japan and Asia traded higher on improved sentiment and sustained economic recovery in the region. Factory production in Japan increased for the ninth month in a row and the Japan estimated economic expansion in the next fiscal year of 1.4%. The steelmaker JFE Holdings said Asian demand is ahead of capacity.
123jump.com Staff
28 Dec, 2009
New York City
Stocks in Shanghai rose after comments from Chinese Premier Jiabao. China to resist pressures to appreciate the currency and will look for ways to curb the current property market boom. Hong Kong stocks fell after weaker than expected land auction.
123jump.com Staff
28 Dec, 2009
New York City
U.S. stocks trade higher after holiday spending estimate suggested solid retail spending during the holiday season. European and Asian markets advance on the optimism that economies are recovering and the current quarter earnings are better than expected. The dollar held firm but the real edged up.
123jump.com Staff
25 Dec, 2009
New York City
Russia lowered its key lending rate by 25 basis points. The tenth rate cut comes after the economy shrank at record 10% in the first half and is expected to decline more than 8% in the year. Rubles edged up against the dollar and the euro and the central bank said risks of inflation above the target rates are small.
123jump.com Staff
25 Dec, 2009
New York City
Financial markets in Japan and China closed lower when most markets around the world are closed to celebrate Christmas. China revised its 2008 economic growth higher and is set to surpass Japan in 2010. Japan passed record $1 trillion budget.
Mayank Mehta
25 Dec, 2009
New York City
Japan passed its record net fiscal year budget of $1 trillion that will lower spending on construction projects and provide more assistance to families and increase spending on education. Unemployment rate increased in November to 5.2% and consumer prices decreased 1.7%.
123jump.com Staff
24 Dec, 2009
New York City
Shanghai and Hong Kong benchmark indexes trade higher. Rising commodities prices lift energy and natural resource and metals processor stocks. In Hong Kong property developers rise ahead of land auction next week. Shanghai stocks rally on a speculation that income tax will be lowered to spur consumption.
Darlington Musarurwa
24 Dec, 2009
New York City
Stocks in Australia gained after copper and gold advanced in international markets. Centro Properties appoints restructuring advisors. Warrnambool Cheese receives two proposals that value the company at A$4 a share. Woodside Petroleum keels nine leases in Browse natural project.
Darlington Musarurwa
24 Dec, 2009
New York City
Stocks in Japan traded higher as investors return to buy stocks on the hopes that the U.S. economy is stabilizing. Bank of Japan Governor Shirakawa said that the economy may stall in the second half of the current financial year. Domestic PC shipments rise 4.8% in November.
