Friday, September 04, 2009

Iowa, Illinois bank closings to cost FDIC $234 million; year's failures up to 87

Date: Friday, September 4, 2009

Iowa, Illinois bank closings to cost FDIC $234 million; year's failures up to 87
9/4/2009

Markets Friday, 09/4/2009

Date: Fri, 4 Sep 2009 17:31:04 -0400

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| Dow : 9441.27 up 96.66 | S & P : 1016.40 up 13.16 |
| NASDAQ: 2018.78 up 35.58 | Bond (10Y): 3.44%, 101.53 |
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MARKETS:
Stocks in pre-holiday rally
Wall Street advances after the August labor market report shows a
slower pace of job cuts and a rising unemployment rate.

At the end of a down week, stocks close higher in thin trading ahead of a long weekend. Dow gains 95 points. Nasdaq, S&P also up.

Date: Friday, September 4, 2009

At the end of a down week, stocks close higher in thin trading ahead
of a long weekend. Dow gains 95 points. Nasdaq, S&P also up.

Unemployment rate jumps to 26-year high of 9.7%

Date: Friday, September 4, 2009

Unemployment rate jumps to 26-year high of 9.7%

The U.S. unemployment rate jumps to a 26-year high of 9.7% in August as nonfarm
payrolls drop by 216,000, marking the 20th consecutive monthly
decline, Labor Department estimates show.

HERE'S WHERE THE JOBS CAN BE FOUND TODAY

That's a lot of competition for any job opening, but the good news is that
hiring continues in some pockets of the economy. Job openings exist in fields
ranging from the government to renewable energy to health care. And in some
parts of the country, work is easier to find than others.

U.S. STOCKS ADVANCE; HEALTH CARE PART OF RISE

Underscoring how it's morphed somewhat from its traditional role as a defensive
play, the health-care sector stands front and center in the U.S. stock market's
volatile pre-holiday gains Friday.

TREASURYS LOWER AFTER U.S. JOBS REPORT

Treasury prices trade lower as yields trend higher, with bond traders digesting
government data showing that the U.S. economy shed a smaller-than-expected
216,000 jobs in August but that the nation's unemployment rate jumped to 9.7%,
a 26-year high.

GOLD FALLS AFTER RALLYING NEAR $1,000 AN OUNCE

Gold loses steam after rallying near $1,000 an ounce in the previous session.
Futures fall back as the U.S. dollar strengthens and as a jobs report that fell
largely in line with expectations curbs gold's safe-haven appeal.

Stocks open flat after a report shows employers cut the smallest number of jobs in a year but the unemployment rate surges to 9.7%.

Date: Friday, September 4, 2009

Stocks open flat after a report shows employers cut the smallest
number of jobs in a year but the unemployment rate surges to 9.7%.

Unemployment rate rises to 9.7% - highest since 1983, government says. Employers shed 216,000 jobs in August.

Date: Friday, September 4, 2009


Unemployment rate rises to 9.7% - highest since 1983, government says.
Employers shed 216,000 jobs in August.

Thursday, September 03, 2009

U.S. stocks break four-day losing streak; Dow gains 64 points

Date: Thu, 03 Sep 2009 16:08:22 -0400


U.S. stocks break four-day losing streak; Dow gains 64 points
9/3/2009 4:06:50 PM EDT

U.S. stocks break four-day losing streak; Dow gains 64 points

Date: Thu, 03 Sep 2009 16:08:22 -0400


U.S. stocks break four-day losing streak; Dow gains 64 points
9/3/2009 4:06:50 PM EDT

Gold for December delivery ends at $992.70 an ounce, a six-month high

Date: Thursday, September 3, 2009

Gold for December delivery ends at $992.70 an ounce, a six-month high
9/3/2009 2:11:05 PM EDT

U.S. stock market nerves frayed before jobs report

Date: Thursday, September 3, 2009

U.S. stock market nerves frayed before jobs report

The U.S. stock market's reaction to Thursday's economic reports cast an
unfavorable light on the much-anticipated August jobs report, with an
index on the services sector offering an especially weak climb in its
employment
component.

GOLD TOPS $980 AN OUNCE AS DOLLAR FALLS

Gold futures climb above $980 an ounce, extending the prior session's
advance, as the dollar weakens against the euro and sterling.

OIL RISES ON FUEL DEMAND; NATURAL GAS FALLS

Crude-oil futures recover toward the $69-a-barrel mark as traders
react to the highest U.S. gasoline demand in three months and as the
dollar gives ground.

U.S. INITIAL JOBLESS CLAIMS DOWN 4,000 TO 570,000

The number of people filing for state unemployment benefits for the first time
falls by 4,000 to a seasonally adjusted 570,000 in the latest week,
the Labor Department says.

ORACLE-SUN DEAL FACES PROBE BY EU REGULATORS

European antitrust regulators on Thursday launch an in-depth probe
into U.S. software company Oracle's $5.6 billion acquisition of rival
Sun Microsystems.

First-time jobless claims off 4,000; continuing claims rise to 6.23 million

Date: Thursday, September 3, 2009

First-time jobless claims off 4,000; continuing claims rise to 6.23 million
9/3/2009 8:32:31 AM EDT

U.S. services-sector gauge rises in August but remains below 50% mark

Date: Thursday, September 3, 2009

U.S. services-sector gauge rises in August but remains below 50% mark
9/3/2009 10:06:18 AM EDT

Stocks open higher following improved readings on jobless claims and retail sales. Dow rises 32 points.

Date: Thursday, September 3, 2009

Stocks open higher following improved readings on jobless claims and
retail sales. Dow rises 32 points.

Wednesday, September 02, 2009

Markets Wednesday, 09/2/2009

Date: Wed, 2 Sep 2009 17:31:03 -0400


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| Dow : 9280.67 down 29.93 | S & P : 994.75 down 3.29 |
| NASDAQ: 1967.07 down 1.82 | Bond (10Y): 3.30%, 102.69 |
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MARKETS:
Jittery day on Wall Street
Stocks end lower, after falling sharply in the previous session, as
worries about the pace of an economic recovery keep investors
sidelined.

Breaking News: Obama to address Congress on health care

Date: Wed, 02 Sep 2009 15:09:19 -0500

WASHINGTON (AP) - President Obama will give a major address on health
care before Congress on Sept. 9.

Stock markets fall lower, one day after a big selloff. Dow closes down 30 points. Nasdaq, S&P also drop slightly.

Date: Wed, 2 Sep 2009 16:02:04 -0400

Stock markets fall lower, one day after a big selloff. Dow closes down
30 points. Nasdaq, S&P also drop slightly.

Payroll services firm ADP says private-sector jobs fell 298,000 in August - worse than expected, but losses continue to ease.

Date: Wed, 2 Sep 2009 08:19:04 -0400

Payroll services firm ADP says private-sector jobs fell 298,000 in
August - worse than expected, but losses continue to ease.

Energy: BP discovery lifts oil shares; drilling stocks off

Date: 2 SEP 2009 14:48:04 GMT


Energy stocks trade mostly lower to extend the sector's September
losing streak into a second day, but U.S.-listed shares of BP gain on
the company's major find in the Gulf of Mexico.

Breaking News Wed., September 2, 2009

Date: Wed, 02 Sep 2009 08:26:55 -0700 (PDT)

Charlie Gibson to Step Down as Anchor of 'World News,' Diane Sawyer to
Succeed Him [11:14 a.m. ET]

Private sector sheds 298,000 jobs in August: ADP

Date: Wed, 02 Sep 2009 12:01:26 -0400

Private sector sheds 298,000 jobs in August: ADP

Employment in the U.S. private sector falls by 298,000 in August, according to
data based on a sampling of ADP-administered payrolls. While this
figure is the fewest in any month since last September, observers had
been holding for few private-sector job cuts.

WEEK-TO-WEEK MORTGAGE APPLICATIONS FALL 2.2%: MBA

Mortgage filings drop a seasonally adjusted 2.2% in the week ended
Aug. 28 compared with the week before, as lower interest rates offered
on home loans prove an insufficient lure for applicants, Mortgage
Bankers Association data show. Government-insured mortgages make up
40.4% of all applications filed for
August, the highest proportion seen since February 1991.

FDIC CHIEF: COMMERCIAL MORTGAGES A LOOMING PROBLEM

Federal Deposit Insurance Corp. chief Sheila Bair says commercial
mortgages may run more banks out of business this year and next.

WEDNESDAY'S BIGGEST GAINING AND DECLINING STOCKS

MDS, Jos. A. Bank Clothiers, VeriFone and Alcatel-Lucent were among the
companies whose shares are making notable moves in Wednesday's stock market.

OIL AND GAS PRODUCERS BUCK LOWER LONDON TREND

Most U.K. stocks are weighed down by banking and mining shares, but BP paces
oil gainers after the firm boasts a major oil discovery.

Stocks open lower amid a broad selloff as investors continue to worry that a summer rally has gotten ahead of itself.

Date: Wed, 2 Sep 2009 09:32:04 -0400

Stocks open lower amid a broad selloff as investors continue to worry
that a summer rally has gotten ahead of itself.

Tuesday, September 01, 2009

Markets Tuesday, 09/1/2009

Tue, 1 Sep 2009 17:31:04 -0400

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| Dow : 9310.60 down 185.68 | S & P : 998.04 down 22.58 |
| NASDAQ: 1968.89 down 40.17 | Bond (10Y): 3.36%, 102.16
|--------------------------------------------------------------------------|

MARKETS:
Wall Street stumbles into September
Stocks plunge on worries that the market gains have raced ahead of any
economic recovery. Dow down 185 points; S&P 500, Nasdaq sink 2%.

Stock markets tumble at the start of what is typically a rough month. Dow closes down 187 points. Nasdaq, S&P drop 2%.

Date: Tue, 1 Sep 2009 16:01:08 -0400

Stock markets tumble at the start of what is typically a rough month.
Dow closes down 187 points. Nasdaq, S&P drop 2%.

Automakers to detail impact of clunker boom

Date: Tuesday, September 1, 2009

Automakers to detail impact of clunker boom

The auto industry may have ridden the cash-for-clunkers stimulus to its first
year-over-year U.S. sales gains in almost two years, but the uncertainty of
life after the federal boost looms large.


CURRENCY TRADING DOWN BY NEARLY A QUARTER: REPORT

Currency trading volumes have slumped by nearly a quarter from last year's
record levels, according to a report compiled by International Financial
Services London.


AT&T'S IPHONE DEAL UNDER SCRUTINY

As a stronger regulatory breeze gusts through the nation's capital, wireless
phone companies are feeling the heat to change some of their business
practices.


EBAY LANDS DEAL TO SELL SKYPE FOR $2 BILLION

EBay has landed a deal to sell Skype, its Internet-telephony unit, to a group
of private investors that includes Silicon Valley notable Marc Andreessen.

PLANNED PRIVACY LAW MAY HAMPER ONLINE AD INDUSTRY

Looming federal legislation could hamper the ability of Yahoo, Microsoft and
others to entice advertisers with the potential to tailor marketing messages by
following users around the Internet.

U.S. manufacturing gauge shows expansion for first time in 18 months.

Tuesday, September 1, 2009

U.S. manufacturing gauge shows expansion for first time in 18 months.
9/1/2009 10:04:56 AM EDT

Pending home sales rise for sixth straight month in July, up 3.2%, marking the longest streak of gains since 2001 - Realtors' group.

Date: Tuesday, September 1, 2009

Pending home sales rise for sixth straight month in July, up 3.2%,
marking the longest streak of gains since 2001 - Realtors' group.

U.S. stocks trade mixed as narrowly higher Nasdaq parts ways with Dow, S&P

Date: Tuesday, September 1, 2009

U.S. stocks trade mixed as narrowly higher Nasdaq parts ways with Dow, S&P
9/1/2009 9:40:34 AM ED

Stocks open lower, starting September on a bearish note, as investors signal caution ahead of reports on housing and manufacturing.

Date: Tue, 1 Sep 2009 09:33:04 -0400

Stocks open lower, starting September on a bearish note, as investors
signal caution ahead of reports on housing and manufacturing.

Monday, August 31, 2009

Stocks falter at end of a bullish month. Dow closes down 48 points but ends month up 3.5%, best August gain since 2000.

Date: Monday, August 31, 2009

Stocks falter at end of a bullish month. Dow closes down 48 points but
ends month up 3.5%, best August gain since 2000.

Markets Monday, 08/31/2009

Date: Mon, 31 Aug 2009 17:31:03 -0400


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| Dow : 9496.28 down 47.92 | S & P : 1020.62 down 8.31 |
| NASDAQ: 2009.06 down 19.71 | Bond (10Y): 3.40%, 101.84 |
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MARKETS:
Stocks: A down day in a strong month
Wall Street follows overseas markets lower as nervous investors brace
for a choppy September. Disney, Marvel deal fails to improve the mood

Oil settles down 3.8% at $69.96 a barrel, ending the month almost where it started, below $70.

Date: Mon, 31 Aug 2009 14:55:07 -0400

Oil settles down 3.8% at $69.96 a barrel, ending the month almost
where it started, below $70.

U.S. stock market ready for turn, one signal says

Date: Mon, 31 Aug 2009 12:01:12 -0400

U.S. stock market ready for turn, one signal says

After spiking above the 50 mark two weeks ago, an index of investor
sentiment has dropped sharply in what analysts say is among the
signals currently
forecasting a turn in the U.S. stock market.

WAKE ME UP WHEN SEPTEMBER ENDS, MANY INVESTORS SAY

After a powerful rally in stocks from their March lows, nervous investors are
positioning for a September sell-off -- something that many say is overdue.

ELLIOTT WAVE PULLS PLUG ON STOCKS, OBAMA

The Elliott Wave Financial Forecaster, roundly hated by many
readers but still one of the very few to make money in during the
Crash of 2008, bets big on bearishness.

FINANCIAL SECTOR OPENS WEEK ON A DOWN NOTE

Some of the more speculative financial stocks that have been powering the
market's gains cool off after their recent run-up.

RETAIL STOCKS TRACK BROADER MARKETS LOWER

Retail stocks follow the broader markets lower in morning activity against
concerns that corporate profit growth won't recover fast enough to justify a
market rally since March.

Stocks open lower - following a selloff in China on bank lending woes. Marvel shares surge 26% on $4 billion acquisition by Disney.

Mon, 31 Aug 2009 09:34:07 -0400

Stocks open lower - following a selloff in China on bank lending woes.
Marvel shares surge 26% on $4 billion acquisition by Disney.