Saturday, July 21, 2007

Taliban Offers Korean Hostage Swap

Breaking News
July 21, 2007

Taliban Offers Korean Hostage Swap

A purported Taliban spokesman said 23 South Korean Christians held in
Afghanistan would be freed in exchange for jailed Taliban fighters.
Earlier, South Koreans called for troop withdrawls from the country to
win the hostages' release. 

Friday, July 20, 2007

U.S. stocks end lower; Dow tallies weekly loss of 0.4%

4:30 pm ET Jul 20, 2007

DJIA

13,851

-149.33

S&P

1,534

-18.98

NASDAQ

2,687

-32.44

10Yr

4.96%

-0.072

U.S. stocks end lower; Dow tallies weekly loss of 0.4%

NEW YORK
Stocks fell sharply on Friday and also for the week, as enthusiasm
wilted under disappointing earnings from Google Inc. and Caterpillar
Inc., and anxiety about available credit for corporate buyouts.

The Fed: St. Louis Fed's Poole sees subprime woes likely as isolated

ST. LOUIS
The meltdown in the market for subprime mortgages should remain isolated
and not affect the broader financial system, St. Louis Fed President
William Poole says.

Bush Spells Out Rules For Interrogations

Breaking News
July 20, 2007
Bush Spells Out Rules For Interrogations

President Bush signed an executive order governing interrogation of
terrorism suspects, prohibiting cruel and inhumane treatment,
humiliation or denigration of religious beliefs. The order was the
result of legislation Mr. Bush signed last year. 

U.S. stocks fall sharply on earnings, credit markets concerns

11:41 am ET Jul 20, 2007

DJIA

13,845

-155.35

S&P

1,534

-18.11

NASDAQ

2,681

-38.50

10Yr

4.94%

-0.087

U.S. stocks fall sharply on earnings, credit markets concerns

NEW YORK
Stocks declined Friday, as investor enthusiasm waned in the face of
renewed worries about subprime mortgage, coupled with earnings
disappointments from the likes of Google Inc. and Caterpillar Inc.

Google shares off 6% as results miss view

SAN FRANCISCO
Google Inc. saw its share price drop more than 6% Friday morning after
the company's second-quarter earnings came in slightly below Wall
Street's estimates, thanks to higher expenses.

Senate passes bill to boost student aid

Date: Fri, 20 Jul 2007 06:10:44 -0500

NEWS

Senate passes bill to boost student aid
---------------------------------------------
The Senate passed a bill early Friday to increase aid to college
students. The
bill would give more money to Pell grant recipients, who are among the
poorest. They get a maximum award of $4,310 annually now, but that would
be
bumped up to $5,400 by 2011.

Plame's lawsuit against Cheney dismissed
---------------------------------------------
Former CIA operative Valerie Plame lost a lawsuit Thursday that demanded
money from Bush administration officials whom she blamed for leaking her
agency identity.

N. Korea nuke talks end without deadline
---------------------------------------------
Arms negotiators failed Friday to set a firm deadline for North Korea to
disable its nuclear facilities following the shutdown of its reactor,
only agreeing to more consultations on Pyongyang's disarmament.


MONEY

Dow stampedes past 14,000 point
---------------------------------------------
Wall Street added 14,000 to the record books Thursday as the Dow busted
its
second 1,000-point milestone in less than three months, showing the kind
of
strength that can quiet the most passionate pessimists.

Toyota slips behind GM in global sales for quarter
---------------------------------------------
General Motors said strong growth in Latin America, Asia and other
emerging
markets lifted global sales in the second quarter, according to
preliminary
sales figures released Thursday.

Thursday, July 19, 2007

Markets Thursday, 07/19/2007

Thursday, 7/19/2007
-----------------------------------------
| Dow : 14000.41 up 82.19

| S & P : 1553.08 up 6.91

| NASDAQ: 2720.04 up 20.55

|Bond (10Y): 5.01%, 96.00
-----------------------------------------

MARKETS:
Finally! Dow finishes above 14,000
Investors cheer IBM, other upbeat earnings news, while they overlook
Bernanke's testimony, Fed minutes.

U.S. stocks rise; Dow back above 14,000 on tech earnings

11:40 am ET Jul 19, 2007

DJIA

13,993

+75.60

S&P

1,550

+4.36

NASDAQ

2,714

+14.84

10Yr

5.04%

+0.029

U.S. stocks rise; Dow back above 14,000 on tech earnings

NEW YORK
Stocks marched higher Thursday, with investor enthusiasm about upbeat
earnings in the technology sector, including from IBM Corp., dampened
slightly by renewed worries about subprime mortgages.

The Fed: Subprime-credit woes dominate Bernanke's second day

WASHINGTON
Federal Reserve Chairman Ben Bernanke's second day of testimony before
Congress on the state of the nation's economy and the outlook for U.S.
monetary policy was dominated by concern about the subprime-mortgage
sector.

Forums:

假商品假報道說明了什么?

假新聞報道和其他假冒偽劣說明了什么問題?在真真假假織成的社會大網中,我們能相信誰?能相信什么?
More...go to

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

or go to

http://sinoam.blogspot.com

see LINKS and click 'John's Journal'

2 U.S. GIs charged with murder, officer relieved

Date: Thu, 19 Jul 2007
NEWS

Blair debuts at meeting of Mideast Quartet
---------------------------------------------
Secretary of State Condoleezza Rice hailed Tony Blair as a historic and
passionate leader on Thursday, saying his debut as Mideast envoy could
breath
new life into long-stalled talks between Israel and the Palestinians.

Brazilians point fingers as all 186 on jet confirmed dead
---------------------------------------------
Critics condemned the government for failing to invest in safety
measures
adopted by other urban airports, as officials confirmed that a plane
crash
killed all 186 people onboard, the nation's second major air disaster in
less
than a year.

2 U.S. GIs charged with murder, officer relieved
---------------------------------------------
Two U.S. Army soldiers have been charged with the premeditated murder of
an Iraqi and a lieutenant colonel has been relieved of command in
connection with the case, the U.S. military announced Thursday.


MONEY

China's economy surges 12%, sets sights on Germany
---------------------------------------------
China's annual economic growth surged in the second quarter to an
11-year high of 11.9%, cementing expectations of tighter policy to keep
the world's fastest-growing major economy from overheating.

Wednesday, July 18, 2007

U.S. stocks close down amid subprime, earnings trouble

4:30 pm ET Jul 18, 2007

DJIA

13,918

-53.33

S&P

1,546

-3.20

NASDAQ

2,699

-12.80

10Yr

5.01%

-0.068

U.S. stocks close down amid subprime, earnings trouble

NEW YORK
U.S. stocks finished lower Wednesday, halting a five-session run that
briefly propelled the Dow Jones Industrial Average above 14,000, as woes
from risky home loans re-emerged and earnings from Intel Corp., Pfizer
Inc., and Yahoo Inc., disappointed investors.

EBay earnings jump despite slowdown in listings

SAN FRANCISCO
EBay Inc. saw its second-quarter earnings surge 50% mostly due to strong
growth in its online payments business that offset a continued slowdown
in the online auction giant's listings.

Services, software lead IBM earnings up almost 12%

SAN FRANCISCO
IBM Corp. on Wednesday reported a second-quarter profit that rose almost
12% from a year ago as the technology and services giant recorded strong
gains in its global services and software business.

Consumer prices up 0.2% in June, up 0.2% ex-food and energy ; housing starts up 2.3% to 1.46M annual rate.

Date: Wed, 18 Jul 2007 08:31:47 -0400


Consumer prices up 0.2% in June, up 0.2% ex-food and energy ; housing
starts up 2.3% to 1.46M annual rate.

Forums:

也談中國特色的社會主義

胡錦濤講話強調中國特色的社會主義,有人建議中國要實行民主社會主義。什么是中國特色?More...go
to

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

Bernanke sees core inflation edging lower

11:40 am ET Jul 18, 2007

DJIA

13,871

-100.07

S&P

1,539

-10.08

NASDAQ

2,686

-26.24

10Yr

5.01%

-0.068

Bernanke sees core inflation edging lower

WASHINGTON
Core inflation should edge down a bit over the next year and a half, as
inflation expectations remain contained, energy prices flatten out and
pressures from the labor and product market diminish, Federal Reserve
board chairman Ben Bernanke said Wednesday.

FundWatch: Fund managers say credit risk poses biggest threat

LONDON
Credit risk poses the greatest threat to financial-market stability,
according to Merrill Lynch's latest fund manager survey on Wednesday.

Market Snapshot: U.S. stocks fall sharply amid subprime, earnings woes

NEW YORK
U.S. stocks fell sharply Wednesday, halting a run that propelled the Dow
Jones Industrial Average to a new record Tuesday, as woes from risky
home loans resurfaced and earnings from Intel Corp., Pfizer Inc., and
Yahoo Inc., disappointed investors.

Intel's profit up 44%, but stock falls on margin worries

SAN FRANCISCO
Intel Corp. shares lost some momentum Wednesday after the world's
largest chipmaker reported that solid personal-computer and server chip
shipments in the second quarter were undercut by weaker prices.

Tuesday, July 17, 2007

Stocks end higher after tame inflation read. Dow closes just under 14,000 and the S&P a hair away from a new record.

Date: Tue, 17 Jul 2007 15:59:49 -0400

Stocks end higher after tame inflation read. Dow closes just under
14,000 and the S&P a hair away from a new record.

July homebuilder sentiment falls to 16-year low, Reuters reports.

Date: Tue, 17 Jul 2007 13:10:19 -0400


July homebuilder sentiment falls to 16-year low, Reuters reports.

Producer prices unexpectedly fall 0.2% in June

11:41 am ET Jul 17, 2007

DJIA

13,993

+42.84

S&P

1,552

+3.38

NASDAQ

2,708

+11.60

10Yr

5.09%

+0.048

Producer prices unexpectedly fall 0.2% in June

WASHINGTON
Wholesale prices fell 0.2% in June as food and energy prices declined
after four months of hefty increases, the Labor Department reported
Tuesday.

Currencies: Dollar rises vs. yen on core PPI, sterling hits new 26-year
peak

NEW YORK
The dollar rose against the yen Tuesday after U.S. government reports
showed core inflation at the wholesale level rose more than forecast
last month while monthly capital flows to the U.S. jumped in May.

Dow Jones industrial average reaches 14,000 for 1st time.

Date: Tue, 17 Jul 2007 09:57:18 -0400


Dow Jones industrial average reaches 14,000 for 1st time.

Monday, July 16, 2007

Markets Monday, 07/16/2007

7/16/2007
|---------------------------------------------------------| Dow :
13950.98 up 43.73

| S & P : 1549.52 down 2.98

| NASDAQ: 2697.33 down 9.67

| Bond (10Y): 5.04%, 95.81

---------------------------------------------------------
MARKETS:
Another record day for the Dow
Blue-chip average hits third straight record high, but broader
market falls short ahead of a slew of earnings news, inflation reports.