U.S. stocks rally; S&P 500, Dow take new closing highs

4:30 pm ET Jun 1, 2007

DJIA

13,668

+40.47

S&P

1,536

+5.72

NASDAQ

2,613

+9.40

10Yr

4.96%

+0.066

U.S. stocks rally; S&P 500, Dow take new closing highs

NEW YORK
U.S. stocks rallied Friday, pushing the S&P 500 to its third record
close in a row and the Dow Jones industrials to new high water marks,
after reports showed that more jobs than expected were created in May
and inflation fell into the Federal Reserve's comfort zone.

U.S. stocks rally on jobs, inflation, factory data

11:41 am ET Jun 1, 2007

DJIA

13,652

+24.78

S&P

1,537

+6.79

NASDAQ

2,618

+13.72

10Yr

4.95%

+0.062

U.S. stocks rally on jobs, inflation, factory data

NEW YORK
U.S. stocks were solidly higher Friday, as the Dow Jones Industrial
Average set yet another record in the wake of reports showing more jobs
were created May than expected and inflation has fallen back into the
Federal Reserve's comfort zone.

Economic Report: Inflation falls back to Fed's comfort zone

WASHINGTON
Core consumer price inflation increased just 0.1% in April, bringing the
year-over-year increase down to 2%, just inside the Federal Reserve's
target, the Commerce Department reported Friday.

Economic Report: U.S. payrolls grow by 157,000 in May

WASHINGTON
U.S. nonfarm payrolls increased by a better-than-expected 157,000 in
May, the Labor Department reported Friday.

Dell gets lift after earnings, job-cut plans

SAN FRANCISCO
Dell Inc. shares climbed almost 4% in early trading Friday amid reaction
to the PC giant's plans to slash 10% of its workforce, or about 8,800
jobs, in an attempt to cut costs and regain market share lost to the
likes of rival Hewlett-Packard Co.

Consumer sentiment rose in May as U.S. manufacturing activity increased; both readings beat forecasts.

Date: Fri, 1 Jun 2007

Consumer sentiment rose in May as U.S. manufacturing activity increased;
both readings beat forecasts.

TB Patient: "I'm Very Sorry"

Breaking News
June 1, 2007

TB Patient: "I'm Very Sorry"

The tuberculosis patient who sparked nationwide outrage after taking two
trans-Atlantic flights despite warnings not to fly apologized for his
actions, but said he felt "abandoned" by U.S. health officials. 

Breaking News: Jack Kevorkian released from prison

Date: Fri, 01 Jun 2007
Breaking News

COLDWATER, Mich. (AP) - Jack Kevorkian, the retired pathologist dubbed
"Dr.
Death" after claiming he had participated in at least 130 assisted
suicides,
left prison after eight years Friday still believing people have the
right to die.

Market Briefing Newsletter for Thursday, 05/31/2007

Thursday, 5/31/2007

| Dow : 13627.64 down 5.44

| S & P : 1530.62 up 0.39

| NASDAQ: 2604.52 up 11.93

| Bond (10Y): 4.89%, 96.94

MARKETS:
Nasdaq hits new 6-year high
Tech-heavy composite marks best close since 2001, S&P 500 ekes out
second straight record, Dow dips.

Forums:

太湖藍藻污染水源 天災還是人禍？

無錫太湖爆發大量藍藻，污染自來水水源，居民連飲用水都有問題。
More...go to

http://www.bloglines.com/blog/johnDispatch

or go to

http://sinoam.blogspot.com

see LINKS and click 'John's Journal'

Chicago manufacturing activity increases more than expected. Employment highest since April 2005.

Date: Thu, 31 May 2007

Chicago manufacturing activity increases more than expected. Employment
highest since April 2005.

Breaking News: GDP posts worst three-month showing since 2002

Date: Thu, 31 May 2007 08:12:47 -0500

WASHINGTON (AP) - The economy nearly stalled in the first quarter with
growth
slowing to an annual pace of just 0.6%, the worst three-month showing in
over
four years.

U.S. stocks rally to records highs after Shanghai plunge

4:30 pm ET May 30, 2007

DJIA

13,633

+111.74

S&P

1,530

+12.12

NASDAQ

2,592

+20.53

10Yr

4.88%

-0.004

U.S. stocks rally to records highs after Shanghai plunge

NEW YORK
U.S. stocks rallied on Wednesday, sending both the Dow Jones Industrial
Average and the S&P 500 to record closing levels, as the market bounced
back from initial weakness due to an overnight sell-off in the Shanghai
stock market.

The Fed: Slowdown concerns eased at May 9 Fed meeting

WASHINGTON
The Federal Open Market Committee breathed an almost audible sigh of
relief at its May 9 meeting that the economy has appeared to recover
from brief doldrums in the first quarter, according to a summary
released Wednesday.

Emerging Markets Report: Investors less rattled by China sell-off this
time

MUMBAI, India
After yet another Shanghai sell-off that was sparked by China's latest
bid to cool off its overheated market, investors around the world seemed
less rattled than they were in comparable instances in the past.

Global impact of latest China plunge more limited this time

11:40 am ET May 30, 2007

DJIA

13,520

-0.49

S&P

1,519

+0.96

NASDAQ

2,571

-1.06

10Yr

4.87%

-0.012

Global impact of latest China plunge more limited this time

MUMBAI, India
After yet another Shanghai sell-off that was sparked by China's latest
bid to cool off its overheated market, investors around the world seemed
less rattled than they were in comparable instances in the past.

Market Snapshot: U.S. stocks off lows after Shanghai sell-off

NEW YORK
U.S. stocks bounced back to trade mixed on Wednesday, coming off earlier
pressure as investors shrugged off an overnight sell-off in Shanghai,
sparked by a tripling of taxes on stock trades.

Economic Report: 97,000 jobs added in May, ADP says

WASHINGTON
U.S. private-sector jobs grew by 97,000 in May, according to the ADP
employment report released Wednesday.

IBM raises forecast, buys back $12.5 bln in stock

SAN FRANCISCO
IBM Corp. on Tuesday raised its 2007 earnings forecasts, and also said
it has purchased $12.5 billion of company stock as it accelerates its
stock repurchase plan.

Stocks end higher amid deal news

4:30 pm ET May 29, 2007

DJIA

13,521

+14.06

S&P

1,518

+2.38

NASDAQ

2,572

+14.87

10Yr

4.88%

+0.021

Stocks end higher amid deal news

NEW YORK
U.S. stocks finished higher on Tuesday, as investors returning from a
three-day holiday weekend were cheered by deal news, including a $95.5
billion offer for Dutch bank ABN Amro.

In 網上互動: 中��的核威懾能力��何令美國擔憂��

中國的核威懾能力為何令美國擔憂？

美國是否有理由擔心中國已突破了原來的不首先使用核武承諾以及最低限度有效核反擊戰略？
More...go to

http://www.bloglines.com/blog/johnDispatch

April consumer confidence jumps despite higher gas prices and falling home values, coming in well above forecasts.

Date: Tue, 29 May 2007 10:04:22 -0400

April consumer confidence jumps despite higher gas prices and falling
home values, coming in well above forecasts.

U.S. stocks rise on flurry of deals, data

11:41 am ET May 29, 2007

DJIA

13,535

+28.44

S&P

1,520

+4.92

NASDAQ

2,575

+18.23

10Yr

4.88%

+0.019

U.S. stocks rise on flurry of deals, data

NEW YORK
U.S. stocks were higher Tuesday, as investors returned from a three-day
weekend to find more deal news, including a $95.5 billion bid for Dutch
bank ABN Amro, and also cheered upbeat consumer confidence numbers.

Economic Report: U.S. home prices fall for first time since 1991

WASHINGTON
U.S. home prices fell 1.4% in the first quarter compared with a year
earlier, the first year-over-year decline in national home prices since
1991, according to the S&P/Case-Shiller index released Tuesday.