Elena
10 Mar, 2006
New York City
European averages traded in the negative at mid-day, reflecting concerns about interest-rates hikes and nervousness ahead of U.S. nonfarm payrolls data. Miners and bank stocks declined, including Anglo American, down 2.1% and ABN Amro, down 0.5%. The German DAX 30 stood out among losers, falling 0.3%.
Elena
10 Mar, 2006
New York City
Asian-Pacific benchmarks finished mixed. The Nikkei gained 0.5%, despite lower close on Wall Street and disappointing ecomonic data. Stocks were lifted by optimism in economic growth, following BoJ''s decision. Banking and auto stocks led gainers. South Korean Kospi recovered from recent decline to rise 0.7% on tech stocks rebound. Hong Kong''s Hang Seng fell 0.4%. Indian stocks surged to 1.8%.
123jump.com Staff
09 Mar, 2006
New York City
Markets around world spent another day in adjusting to new interest rate environment. Overnight news on Japan interest rate scenario boosted stocks in Tokyo and most European markets but markets in Brazil, Mexico and Canda fell for the third day in a row. Brazil, Russia and Turkey fell by 2.62%, 2.5% and 3.5% respectively. Tech stocks took a dive as Google and Apple lost 3.07% and 2.6% repsectively. Home builders, casinos, and brokerage sotcks lost ground at close.
Elena
09 Mar, 2006
Frankfurt
European markets posted solid gains Thursday, lifted by gains on Wall Street, merger-and-acquisition speculations as well as stong performance of pharmaceuticals. The German DAX 30 led gainers rising 1%.
Elena
09 Mar, 2006
New York City
Stocks got off intraday highs and moved sideways at mid-day, reflecting nervousness ahead of job creation report Friday. Markets traded in the positive Thursday morning on confidence in global economy, bolstered by the Bank of Japan decision to end its easy monetary policy. General Motors rose 5% as the company said it neared a deal with the United Auto Workers union for cutting costs, but UAW denied being close to a deal. NYSE Group jumped 5.2% in its second day of trading on the NYSE.
Elena
09 Mar, 2006
New York City
Stocks traded higher on confidence in global economy, bolstered by the Bank of Japan decision to end its easy monetary policy. General Motors rose 5% as the company neared a deal with the United Auto Workers union for cutting costs. NYSE Group jumped 5.2% in its second day of trading on the New York Stock Exchange, adding to its 25% gain.
Elena
09 Mar, 2006
New York City
Stock markets opened higher, reflecting news that the Bank of Japan decided to end its easy monetary policy. Lower oil prices and easing inflation concerns also supported sentiment. TiVo Inc. reported narrower quarterly loss on 38% revenue rise. General Motors rose 5% as the company neared a deal with the United Auto Workers union for cutting costs.
Elena
09 Mar, 2006
New York City
U.S. stock futures pointed to a positive opening on oil prices decline and easing inflation worries. Shares of Wind River Systems fell 16.3% on earnings that missed analyst estimates. Biogen Idec rose 8.5% after experts agreed to return its multiple sclerosis drug Tysabri to the U.S. market. Google announced it is close to a settlement of a class action lawsuit concerning click fraud under which it would pay up to $90 million.
Elena
09 Mar, 2001
New York City
European averages posted solid gains at mid-day dealings on the back of lower oil prices, generally higher close of U.S. markets, and strong earnings from insurance and retail companies. The German DAX 30 was the leading gainer, up 0.9%, follwed by London FTSE 100 , up 0.6% and the French CAC 40 rising 0.5%.
Elena
09 Mar, 2006
New York City
Asian-Pacific benchmarks closed largely in the positive as the Bank of Japan announced a decision to abandon its ultra-easy monetary policy and return to a more normal policy. The news sent the Nikkei 2.6% higher to 16,036.91 and boosted the yen to 117.44 against the dollar. Among other regional markets, Taiwan Weighted index rose 0.4%, while South Korean Kospi declined 0.2%.
123jump.com Staff
08 Mar, 2006
New York City
Markets are adjusting to events at the same time. Rising interest rates and falling oil prices. Rates are likely to rise to 5.25% in the near-term and oil fell 2.5% today and if not for the fear factor could trade as los as $55 per barrel. Emerging markets colntinued their slide for the second day in a row. NYSE Group trades up 25% on its first day of trading. Investors are likely to bid the stock highe in the coming days.
123jump.com Staff
08 Mar, 2006
New York City
Market recovered in the afternoon and rally intensified as the market draws near close. The NYSE Group IPO rose $15 and trades ear $79. Emerging markets sold-off around the world. Retail stocks gained including Nordstrom, Pacific Sunwear, Best Buy and Urban Outfitters rose 3%. Google declined 3% on the lower revenue forecast release. Sotheby rose 13% on 39% rise in earnings.
Elena
08 Mar, 2006
Frankfurt
European stocks closed in the negative, led by the German DAX 30, down 1.2%. Google fell 2.5% after it released unauthorized data on profit and sales projections on its Web site. Goldman Sachs cut its price target for shares of Google to $490 from $500. Caterpillar dropped 2%. Microsoft rose 1.2%. Retailers gained at mid-day with Best Buy rising 2.6%, Nordstrom also up 2.6% and Pacific Sunwear, up 1.6%.
Elena
08 Mar, 2006
New York City
Averages traded weak Wednesday morning with the Nasdaq standing out as the biggest decliner, dragged by Google, which fell 2.5% after it released unauthorized data on profit and sales projections on its Web site. Goldman Sachs cut its price target for shares of Google to $490 from $500. Among Dow components, Caterpillar dropped 2%. Microsoft rose 1.2%. Retailers gained at mid-day with Best Buy rising 2.6%, Nordstrom also up 2.6% and Pacific Sunwear, up 1.6%.
Elena
08 Mar, 2006
New York City
U.S. stock averages rebounded from earlier losses with support provided by declining oil prices. Crude futures fell 38 cents to $61.20 a barrel on the Nymex after OPEC agreed to keep output levels on rising concerns about Iran''s nuclear program. Shares of the NYSE Group soared 12% on the first day of trading in the exchange''s 213-year history. Lexar Media rose 19% as it agreed to be acquired by Micron. Distributed Energy Systems was one of the biggest decliners with a loss of 29%.
