123jump.com Staff
22 Apr, 2005
New York City
Lack of conviction drove the markets in negative range and weaker earnings from the consumer sector did not help. Supply worries at refineries in the U.S. and violence in Saudi Arabia managed NY oil to spike up more than a dollar and gasoline by 4%.
albena
22 Apr, 2005
New York City
U.S. stocks fell today after the prior session's biggest one-day gain in two years. The largest U.S. warehouse club operator Costco Wholesale Corp. plunged on a dissatisfactory outlook. Oil prices jumped toward $55 a barrel.
albena
22 Apr, 2005
New York City
After Philadelphia Federal Reserve Bank's manufacturing index relieved the worries about a slowdown in the U.S. economy, the dollar flipped its week-long decline to revive from one-month lows against the euro on Thursday. U.S. stocks experienced their biggest one-day rush in 2 years.
123jump.com Staff
21 Apr, 2005
New York City
Fall in unemployment numbers and strong earnings drive the markets in positive. Broad gains were reported in trasportation sector, hotels, techs, internet, and metals and mining sectors. Greenspan cautioned on the unsustainability of budget deficits and Chinese need to revalue currency peg.
albena
21 Apr, 2005
New York City
Inflation worries were relieved and stocks revived quickly Thursday as investors warmly welcomed surprisingly the sound earnings from Nokia and Motorola. This fresh awakening was also bolstered by the news that the NYSE plans to merge with electronic trader Archipelago Inc.
albena
21 Apr, 2005
New York City
The dollar continued its slide on Thursday, hitting one-month lows against the euro after boosted U.S. consumer prices mixed U.S. stocks and raised the worries about the possibility of stagflation in the United States. Recent signs of slowing growth combined with the slow-moving March retail sales have fueled the pressure on the U.S. currency.
123jump.com Staff
20 Apr, 2005
New York City
Steady drumbeat of good earnings report continued to roll this morning. However, market decided to focus on March consumer price index report. The core inflation was significantly higher than expected pushing the market averages lower.
albena
20 Apr, 2005
New York City
U.S. tech shares climbed on Wednesday bolstered by better-than-expected earnings from leading companies such as Caterpillar Inc. and Intel Corp.
albena
20 Apr, 2005
New York City
Stocks stabilized yesterday on stronger buying fueled by several sound earnings reports and brighter inflation data. US stocks felt relief when the core Producer Price Index rose by only half of what analysts had forecast.
123jump.com Staff
19 Apr, 2005
New York City
March wholesale inflation of 0.7%, below expectations, sparked market rally in the morning supported by steady stream of earning in financial sector, home building and tech companies which led to averages close higher.
albena
19 Apr, 2005
New York City
Technology stocks got boosted by Texas Instruments Inc. solid earnings. Several Dow components including Pfizer Inc. and Coca-Cola Co. reported higher-than-expected earnings and sent U.S. stocks higher, lifting investors sentiment.
albena
19 Apr, 2005
New York City
The currency was sent down by the growing worries on dropping U.S. stock prices. Investors continue to be nervous about the possibility of inflation in the middle of an estimated slowdown in economic growth despite strong earnings and a pair of merger announcements.
albena
17 Apr, 2005
New York City
After the U.S. government's announcement Tuesday that trade deficit reached record values in February, March retail sales on Wednesday were soundly weaker than foreseen. The growing concerns over the health of the U.S. economy and higher prices resulted in the worst trading week since August and will move the focus onto the companies
123jump.com Staff
15 Apr, 2005
New York City
Markets in Europe, Asia and America decline on the slower ecnomic growth in the U.S. and weaker tech earnings from Samsung Electronics, IBM and other semiconductor companies. Investors are also concerned about the energy prices fueling the inflation forces.
123jump.com Staff
14 Apr, 2005
New York City
Stocks declined around the world beginning in Japan and Australia
dragging all the major Asian markets. Investors in Japan were
reluctant to buy stock due the economic slow down concerns and
earnings worries for the local companies. Recent tensions in some of
the Chinese cities did not help either. Australian stocks were sold
off on the mining and metal stock concerns. Decline in metal and iron
ore prices in began in Australia and continued in Europe, NY and in
South America.
