123jump.com Staff
30 Nov, -0001
New York City
Market averages trade higher as fears of inflation ease and oil remains steady and near three-month low. White House and Treasury icrease pressure on China to revalue the currency. Shares of Home Depot, JC Penney, Staples, Big Lot, and TJX charge higher on positive earnings report, but shares of Mother Works, Zales, Saks, Corning and Jabil Circuit decline. Deere and Home Depot lead the market rally.
123jump.com Staff
30 Nov, -0001
New York City
Market averages trade higher as fears of inflation ease and oil remains steady and near three-month low. Shares of Home Depot, JC Penney, Staples, Big Lot, and TJX charges higher on posotive earnings report, but shares of Mother Works, Zales, Saks, Corning and Jabil Circuit decline. Deere and Home Depot lead the market rally. Casino and consumer staples trade up whereas techs suffer mild losses.
123jump.com Staff
30 Nov, -0001
New York City
Major averages continue to trade downwards with Nasdaq trading near day's low. The rally in select retail stocks continue supported by earnings. Shares of Deere and home Depot are trading better than 3% for the session.
123jump.com Staff
30 Nov, -0001
New York City
The PPI and core PPI came at a higher level than expected fueling the inflation concerns, April housing starts soared to 11% and building permits up 5.3% reversing the activity softening in March. Industrial production slides, Deere and Home Depot jump more than 3%.
123jump.com Staff
30 Nov, -0001
New York City
Oil dipped in the morning only to be recevered in evening but added fire to the rally that was feeding on merger news from UPS buying Overnite and America West may merge with US Air. The Loew's 36% jump in earnings was viewed by traders as positive and home buider stocks rallied on the positive sentiment on tomorrow's reports of housing starts and buidling permits for April.
123jump.com Staff
30 Nov, -0001
New York City
Home Builders, retailers and Select tech stocks will be watched this week for their earnings performance. Retailers are scheduled to dominate the calendar. The economic indicators on Tuesday and Wednesday will also impact market's trading.
123jump.com Staff
30 Nov, -0001
New York City
Large Cap stocks sold off on weakening consumer sentiment. Morning's report on lower import prices and declining inventories failed to impress the broader market. Overnight earnings report from Dell powered the rally in tech stocks but in the afternoon tech stocks weakened significantly but managed to gain 0.5% in Nasdaq.
123jump.com Staff
30 Nov, -0001
New York City
Tech bulls take charge of stocks leading the averages higher. Toro, lawn equipment maker raise 2005 guidance, Tiffay report better-than-expected earnings. Dip in Consumer sentiment and fall in import prices contibute to the daily market volatility.
123jump.com Staff
30 Nov, -0001
New York City
Tech bulls take charge of stocks leading the averages higher. Toro, lawn equipment maker raise 2005 guidance, Tiffay report better-than-expected earnings. Dip in Consumer sentiment and fall in import prices contibute to the daily market volatility.
123jump.com Staff
30 Nov, -0001
New York City
The recent run up in U.S. dollar strengthen the weakness in the oil and metals, and mining stocks. Gold, copper, silver trade lower in NY. Dell charges up tech stocks, Internet and Semi-stocks are trading higher.
123jump.com Staff
30 Nov, -0001
New York City
Bearish tone in the market was not shaken off by good April retail sales. Positive earnings from Target and American Eagle were overshadowed by the Wal-Mart warning for the second quarter. Dell reported 1Q profit of 37 cents vs. 28 cents a year ago.
123jump.com Staff
30 Nov, -0001
New York City
This is the 41st year of continous trade defict, 17% higher than a year ago and market still found positive news in this otherwise grim story for the American trade competitiveness. Averages closed higher as oil dips below $52.
123jump.com Staff
30 Nov, -0001
New York City
Equity market looks at oil and does not like what it trades at. Delta's cash warning and current woes of auto industry are just another example of long reach of oil. First the airlines and now the auto industry. Which industry is next? Investors and trades worry that higher oil prices will slow U.S. economy faster than most people expect.
123jump.com Staff
30 Nov, -0001
New York City
On a quite trading day mergers news dominated the market. Traders were in a positive mood from the last week's news on employment, productivity and today's news on McDonald's same-store-sales. Bristol-Meyers revised earnings downwards after the close.
123jump.com Staff
30 Nov, -0001
New York City
The strength in Employment numbers sparked the rally in the morning but as the day progressed, investors were driven by the rising oil prices and inflation concerns overtook the market sentiment.
