Friday, June 15, 2007

U.S. stocks rally on tamer-than-expected consumer prices

4:30 pm ET Jun 15, 2007

DJIA

13,639

+85.76

S&P

1,532

+9.94

NASDAQ

2,626

+27.30

10Yr

5.17%

-0.046


U.S. stocks rally on tamer-than-expected consumer prices

NEW YORK
U.S. stocks rallied for a third straight session Friday and posted
strong gains for the week, as investors cheered tame core consumer
prices in May, which helped bond yields fall further. The advance,
however, was capped by concerns over crude oil prices, which topped $68
a barrel.

Commodities Corner: Gold's $700 'time window' shifts

SAN FRANCISCO
Gold's moves have been tormenting traders even more than usual lately.

U.S. stocks rally on tamer-than-expected consumer prices

11:41 am ET Jun 15, 2007

DJIA

13,659

+105.76

S&P

1,535

+12.03

NASDAQ

2,624

+25.52

10Yr

5.18%

-0.035

U.S. stocks rally on tamer-than-expected consumer prices

NEW YORK
U.S. stocks rallied Friday, as investors cheered news that core consumer
prices were weaker-than-expected in May, helping bond yields to fall
further.
Economic Report: CPI running hot, but core remains cool

WASHINGTON
Higher energy prices drove the U.S. consumer price index up by 0.7% in
May, its largest increase since Hurricane Katrina and the second largest
in 16 years, the Labor Department reported Friday.

Thursday, June 14, 2007

Gaza Fighting Kills Palestinian Coalition

Breaking News
June 14, 2007
Gaza Fighting Kills Palestinian Coalition

After Hamas gunmen overran Fatah security forces in Gaza, Palestinian
President Mahmoud Abbas declared a state of emergency, fired Prime
Minister Ismail Haniyeh of Hamas, dismantled the Hamas-Fatah coalition
and said he would form a new government. 

U.S. stocks rise for second day as yields stabilize

4:30 pm ET Jun 14, 2007

DJIA

13,553

+71.38

S&P

1,522

+7.30

NASDAQ

2,599

+17.10

10Yr

5.22%

+0.017

U.S. stocks rise for second day as yields stabilize

NEW YORK
U.S. stocks rallied for a second day on Thursday, as investors were
heartened that a stronger-than-expected 0.9% rise in May producer prices
failed to spook the bond market, keeping bond yields in check.
Mortgages: Rate on 30-year fixed mortgage jumps to 6.74%

CHICAGO
U.S. mortgage rates jumped this week as a sell-off in the Treasury
market pushed benchmark interest rates up sharply. Freddie Mac in its
weekly survey Thursday said the national average on the 30-year
fixed-rate mortgage hit 6.74%, up from 6.53% a week ago and the highest
level since July 2006.

Economic Report: Producer prices rise 0.9% on energy; food prices fall

WASHINGTON
Led by another big gain in energy prices, wholesale prices rose a
greater-than-expected 0.9% in May, the Labor Department reported
Thursday.

U.S. stocks rise as yields fall

11:41 am ET Jun 14, 2007

DJIA

13,544

+61.70

S&P

1,521

+6.32

NASDAQ

2,597

+15.65

10Yr

5.21%

+0.011


U.S. stocks rise as yields fall


NEW YORK
U.S. stocks rallied on Thursday, as investors were heartened that a
stronger-than-expected 0.9% rise in May producer prices failed to spook
the bond market, keeping bond yields in check.

Mortgages: Rate on 30-year fixed mortgage jumps to 6.74%

CHICAGO
U.S. mortgage rates jumped this week as a sell-off in the Treasury
market pushed benchmark interest rates up sharply. Freddie Mac in its
weekly survey Thursday said the national average on the 30-year
fixed-rate mortgage hit 6.74%, up from 6.53% a week ago and the highest
level since July 2006.


Economic Report: Producer prices rise 0.9% on energy; food prices fall

WASHINGTON
Led by another big gain in energy prices, wholesale prices rose a
greater-than-expected 0.9% in May, the Labor Department reported
Thursday.

30-year fixed-rate mortgages spiked to 6.74% this week, up from 6.53% last week, according to Freddie Mac.

Date: Thu, 14 Jun 2007 10:22:55 -0400

30-year fixed-rate mortgages spiked to 6.74% this week, up from 6.53%
last week, according to Freddie Mac.

Wednesday, June 13, 2007

U.S. stocks rally as yields drop; Dow has best day of 2007

4:30 pm ET Jun 13, 2007

DJIA

13,482

+187.34

S&P

1,515

+22.67

NASDAQ

2,582

+32.54

10Yr

5.20%

-0.048

U.S. stocks rally as yields drop; Dow has best day of 2007

NEW YORK
U.S. stocks rallied Wednesday, with the Dow Jones Industrial Average
gaining over 180 points for its best one-day gain of 2007, after an
economic survey suggesting moderate growth and little inflation helped
bond yields back off 5-year highs.

Senate picks up ball on China currency

WASHINGTON
Saying that the Bush administration has dropped the ball in its battle
to get China to strengthen its currency versus the dollar, a key group
of Senators unveiled a new approach on Wednesday to deal with foreign
currency concerns.

Economic Report: U.S. economy growing at moderate pace, Fed's Beige Book
says

WASHINGTON
The economy continued to expand at a moderate pace in most regions of
the country, the Federal Reserve said Wednesday in its occasional Beige
Book report on the economy.

U.S. stocks rise as yields drop after upbeat retail sales

11:40 am ET Jun 13, 2007

DJIA

13,359

+64.43

S&P

1,501

+8.89

NASDAQ

2,562

+12.48

10Yr

5.22%

-0.027

U.S. stocks rise as yields drop after upbeat retail sales

NEW YORK
U.S. stocks rallied Wednesday, bouncing back from a slide in the
previous session and sending the Dow Jones Industrial Average up 100
points, as bond yields backed off from 5-year highs while strong May
retail sales lifted hopes about the shape of the U.S. economy.

Futures Movers: Gasoline, crude futures rise as U.S. refinery activity
slows

SAN FRANCISCO
Reformulated gasoline futures recovered from a seven-week low and
crude-oil prices neared $66 a barrel Wednesday after a U.S. government
report showed that refinery activity declined last week and gasoline
supplies failed to climb for the first time in six weeks.

Treasury says China's currency, the yuan, is undervalued but fails to name the country a currency manipulator, Reuters reports.

Date: Wed, 13 Jun 2007 10:03:56 -0400


U.S. Treasury says China's currency, the yuan, is undervalued but fails
to name the country a currency manipulator, Reuters reports.

Tuesday, June 12, 2007

U.S. stocks fall sharply as yields rise higher

4:30 pm ET Jun 12, 2007

DJIA

13,295

-129.95

S&P

1,493

-16.12

NASDAQ

2,549

-22.38

10Yr

5.25%

+0.111


U.S. stocks fall sharply as yields rise higher

NEW YORK
U.S. stocks fell sharply in a volatile session Tuesday, as investors
remained unnerved by rising bond yields, which lift borrowing costs for
consumers and businesses, and a profit-warning Texas Instruments fueling
concerns about earnings.

FundWatch: With long-term bond yields rising, fund managers play
defense

SAN FRANCISCO
As long-term yields climb, several bond mutual-fund managers with
flexibility to move between sectors are tweaking their portfolios.

Dow tumbles 100+ points as U.S. 10-year yield hits 5-year high around 5.26%.

Date: Tue, 12 Jun 2007 15:16:57 -0400


Dow tumbles 100+ points as U.S. 10-year yield hits 5-year high around
5.26%.

5 Kids Die In Pittsburgh House Fire

Breaking News
June 12, 2007
5 Kids Die In Pittsburgh House Fire

Fire swept through a three-story home in Pittsburgh, killing five young
children, ages 2 to 7, who were believed to have been under a
babysitter's care at the time. Two other children were taken to
hospitals. Police are looking for the babysitter. 

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U.S. stocks fall as bond yields rise

11:41 am ET Jun 12, 2007

DJIA

13,379

-45.59

S&P

1,504

-4.34

NASDAQ

2,561

-10.57

10Yr

5.21%

+0.069

U.S. stocks fall as bond yields rise

NEW YORK
U.S. stocks were lower Tuesday, as investors remain unnerved by rising
bond yields, which lift borrowing costs for consumers and businesses,
and with the technology sector under pressure after Texas Instruments
reduced its earnings outlook.

CORRECT: Lehman Bros. profit up 27%, tops estimates

BOSTON
Lehman Brothers on Tuesday said its second-quarter net income rose 27%
from a year earlier and beat analyst forecasts, but the housing slump
and continued weakness in residential mortgages weighed on its
fixed-income business.

Monday, June 11, 2007

Stocks end mixed as investors assess rate woes

Date: Mon, 11 Jun 2007 18:15:17 -0400

4:30 pm ET Jun 11, 2007

DJIA

13,424

+0.57

S&P

1,509

+1.45

NASDAQ

2,572

-1.39

10Yr

5.14%

+0.019

Stocks end mixed as investors assess rate woes

NEW YORK
U.S. stocks finished mixed and little changed after a volatile session
Monday, as investors continued to monitor rising global interest rates
amid more signs of global growth and hawkish talk from a Fed official.

Stocks fall slightly as investors assess rate woes

11:41 am ET Jun 11, 2007

DJIA

13,427

+3.09

S&P

1,509

+2.16

NASDAQ

2,575

+2.20

10Yr

5.14%

+0.021

Stocks fall slightly as investors assess rate woes

NEW YORK
U.S. stocks were lower in volatile trading Monday, as investors
continued to monitor rising global interest rates amid more signs of
global growth and hawkish talk from a Fed official.

Earnings Outlook: U.S. earnings continue to slow in second quarter

NEW YORK
If rising bond yields weren't enough, here's another reason why stocks
might head downward from here: With the second quarter closing in just a
little over three weeks, the outlook for U.S. corporate profits doesn't
look good.