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Share prices closed higher as a rebound in Shanghai and strong gains in oil stocks and some other blue chips helped the market reverse early losses driven ...
It's based on what would happen to your investment returns if you missed out on a handful on the stock market's best days. This year has already seen five ...
Economic Times, India -
BCE stock had already fallen five percent on US markets
on Monday, while the Toronto market was closed for Canada's Victoria Day
holiday. ...
Los Angeles Times, CA -
... Writer NEW YORK -- Surging oil prices and worrisome
inflation data are raising doubts about the durability of the stock market's
10-week-old recovery. ...
by Gary North by Gary North Stock market bears think: "Why does this market fail to fall? What's holding it up?" Stock market bulls think: "Why does this ...
Karachi stock market closes in the red with a loss of 18.42 pts
Oil prices are set for a third weekly gain after surging to a record $135.09 a barrel on Thursday. Investors are buying on the belief that supply can't keep up with growing global demand from countries like China and India. Crude fell back in overnight trading, but was last up $1.47 at $132.28 a barrel in premarket trading on the New York Mercantile Exchange.
The economic fallout from higher energy prices remained Wall Street's focus this week. Stocks rose moderately Thursday after two sessions of steep declines, with the Dow Jones industrial average recording its biggest two-day loss since late February.
Dow futures fell 45, or 0.31 percent, to 12,571. Standard & Poor's 500 index futures shed 5.00, or 0.36 percent, to 1,388.20, and the Nasdaq 100 futures dropped 5.50, or 0.28 percent, to 1,961.00.
Despite the declines of more than 2 percent in the major indexes this week, stocks are off their mid-March lows. The Dow is still up 7.5 percent from its close of 11,740.15 on March 10.
Bond prices edged higher. The yield on the benchmark 10-year Treasury note, which moves opposite its yield, fell to 3.89 percent from 3.92 percent late Thursday.
The dollar was mostly higher against other major currencies, and gold was also higher.
In corporate news, Gap Inc. reported late Thursday that first-quarter profit surpassed Wall Street projections. The retailer said it boosted profit by 40 percent by better managing inventory and cutting costs.
There was also deal talk going into the holiday weekend. Halliburton Co., the world's second-largest oilfield services company, made a $3.4 billion bid to acquire British rival Expro International Group.
In overseas trade, Tokyo's Nikkei closed rose 0.24 percent. In Europe, London's FTSE dropped 0.32 percent, Frankfurt's DAX fell 0.27 percent and Paris' CAC 40 shed 0.76 percent.
Oil prices are set for a third weekly gain after surging to a record $135.09 a barrel on Thursday. Investors are buying on the belief that supply can't keep up with growing global demand from countries like China and India. Crude fell back in overnight trading, but was last up $1.47 at $132.28 a barrel in premarket trading on the New York Mercantile Exchange.
The economic fallout from higher energy prices remained Wall Street's focus this week. Stocks rose moderately Thursday after two sessions of steep declines, with the Dow Jones industrial average recording its biggest two-day loss since late February.
Dow futures fell 45, or 0.31 percent, to 12,571. Standard & Poor's 500 index futures shed 5.00, or 0.36 percent, to 1,388.20, and the Nasdaq 100 futures dropped 5.50, or 0.28 percent, to 1,961.00.
Despite the declines of more than 2 percent in the major indexes this week, stocks are off their mid-March lows. The Dow is still up 7.5 percent from its close of 11,740.15 on March 10.
Bond prices edged higher. The yield on the benchmark 10-year Treasury note, which moves opposite its yield, fell to 3.89 percent from 3.92 percent late Thursday.
The dollar was mostly higher against other major currencies, and gold was also higher.
In corporate news, Gap Inc. reported late Thursday that first-quarter profit surpassed Wall Street projections. The retailer said it boosted profit by 40 percent by better managing inventory and cutting costs.
There was also deal talk going into the holiday weekend. Halliburton Co., the world's second-largest oilfield services company, made a $3.4 billion bid to acquire British rival Expro International Group.
In overseas trade, Tokyo's Nikkei closed rose 0.24 percent. In Europe, London's FTSE dropped 0.32 percent, Frankfurt's DAX fell 0.27 percent and Paris' CAC 40 shed 0.76 percent.