By SARA LEPRO
AP Business Writer
NEW YORK (AP) – Investors are looking to keep stocks in positive territory on the last day of the second quarter. Stocks are on track for their best quarterly performance in more than a decade.
U.S. stock futures are slightly higher Tuesday morning, extending modest gains logged the previous day and following [...]
NEW YORK (AP) – Investors are again looking to Washington for clues about the market. Stock futures are showing only modest moves early Thursday as investors await testimony from Treasury Secretary Timothy Geithner on the White House’s proposed overhaul of the nation’s financial regulatory system.
Major European markets were steady after a decline in Japan.
Geithner is [...]
SHANGHAI (AP) – China’s stock benchmark rose to a 10-month high Thursday on optimism about a possible economic revival while health-related stocks soared on expectations that swine flu might drive sales.
The benchmark Shanghai Composite Index jumped 43.78 points, or 1.6 percent, to close at 2853.9, the highest since last July 28. The Shenzhen Composite Index [...]
NEW YORK (AP) – Investors remain cautious as they await reports on housing and inflation a day after a stock market slide.
Stock futures are moderately higher Tuesday after major market indexes fell sharply Monday. Investors have been worrying that a three-month rally would lose momentum. Traders are also concerned that a recovery in the U.S. [...]
NEW YORK (Reuters) – Prudential Financial Inc (PRU.N: Quote, Profile, Research, Stock Buzz), the No. 2 U.S. life insurer, said it plans to sell $1.25 billion of common stock after turning down U.S. aid.
Prudential said it may use the proceeds to boost capital at its insurance subsidiary or to repay debt. It said it may [...]
NEW YORK (AP) – Wall Street headed for a modest decline Tuesday as North Korea’s nuclear testing rattled investors.
Following the U.S. market’s long holiday weekend, North Korea reportedly defied the United Nations by firing two short-range missiles. The country on Monday detonated a nuclear bomb underground, a test that the U.N. Security Council condemned as [...]
NEW YORK (AP) – Stocks are pointing higher Friday after a slide this week and ahead of a long holiday weekend.
Stock futures rose ahead of what was expected to be a quiet trading day. Light trading volume ahead of Memorial Day could fan swings in the market, however.
Investors found some room for optimism after banks [...]
By SARA LEPRO
AP Business Writer
NEW YORK – Stock futures are paring their losses following reports on unemployment and retail sales.
The Labor Department said Thursday new jobless claims rose to a seasonally adjusted 654,000 from the previous week’s 639,000. The increase is more than economists had expected.
Meanwhile, the Commerce Department says that retail sales dropped 0.1 [...]
Specialist Thomas J. Facchine works his post on the trading floor of the New York Stock Exchange Friday, March 6, 2009. Though stocks might bounce Friday given how far they’ve fallen, many analysts believe there is little keeping them from sinking further. (AP Photo/David Karp)
By MADLEN READ
AP Business Writer
NEW YORK (AP) – Traders weren’t taking any chances Friday, sending stock futures lower ahead of what’s likely to be another unnerving reading on the job market.
The Labor Department is expected to report that employers cut 648,000 jobs in February, according to economists polled by Thomson Reuters/IFR. That would be more [...]
