Login
Breaking News
Victoria's Secret   Fastenal   Marvell Technology   Zscaler   Gap Inc   Krogger   Costco   Burlington Stores   Macy's  

Market Update

Stocks Down on Wider Deficit


12 Apr, 2005
New York City

U.S. averages opened lower as the February trade deficit widened to a record $61 billion, raising concerns of slow U.S. economic growth.

Stocks Down on Wider Deficit


12 Apr, 2005
New York City

Stocks fell across the technology, drug and media sectors after the February trade deficit widened to a record $61 billion, raising concerns of slow U.S. economic growth.

Markets turn with the Fed Minutes

Staff
13 Apr, 2005
New York City

This morning Commerce department reported that Feb goods and service trade deficit was $61.04 billion, 4.3% higher than January 2005 deficit. To put this in perspective, Feb 2004 and 2003 deficits were $45 and $40 billion. Surging oil prices and exports from all major trading countries played a role in driving the deficit higher.

Market Treads Water, All Day


11 Apr, 2005
New York City

Metals rise, oil falls, Apple and IBM fall on earnings concern

Markets Modest, Microsoft Jumps


11 Apr, 2005
New York City

Microsoft shares gained 16 cents after the company agreed to pay Gateway $150 million to resolve antitrust claims.

Europe and Asia Down


11 Apr, 2005
New York City

European and Asian markets were down Monday on losses for carmakers, semiconductor and computer stocks.

Profit taking drives averages lower


08 Apr, 2005
New York City

May crude oil futures closed down to $53.32 down 79 cents for the day after reaching peak of $58.28 on Monday this week. Trades perception of better gasoline inventory levels and higher supply pledge appears to have pushed the crude prices down for now.

Stocks Move Higher on Oil Retreat


08 Apr, 2005
New York City

Stocks moved higher Friday morning as oil prices dropped for a fifth straight day.

Markets Rise on Easing Oil Prices


08 Apr, 2005
New York City

Indexes across Europe and Asia rose after the U.S. rally overnight and a drop in crude oil prices. Fed chief is expected to speak on consumer finance later in the day.

Day 4


07 Apr, 2005
New York City

At the end of the today, stock market overpowered oil.

Markets Wary on Jobs and Retail


07 Apr, 2005
New York City

Investors are cautious despite a decrease in weekly jobless claims. Attention is focused on retailers and company earnings news.

Markets Mixed, Dell in Focus


07 Apr, 2005
New York City

European and Asian markets were mixed Thursday. In the U.S. investors shift attention to company news as earnings season began. Dell and retailers guide positive show.

Siebel Systems Lowers First Quarter Outlook


06 Apr, 2005
New York City

Siebel Systems, a provider of business software, guides lower earnings on delayed customer offers. Intervoice jumps 8.4% on improved fourth quarter and fiscal 2005 earnings.

Market moves higher on lower oil


06 Apr, 2005
New York City

Market averages continue its upward trends as oil trades below $56.The broad rally is also getting support among semiconductor stocks.This morning Merrill Lynch upgraded several semiconductor stocks.

Oil and Market Gyrate Together


06 Apr, 2005
New York City

Crude oil prices traded up and down all day. Department of Energy reported that supply rose 2.4 million barrel latest week and stood at 317 million barrels and gasoline inventories fell 2.1 million barrel to 212.3 million barrels.