Friday, October 30, 2009

Crude oil falls near 4% Friday but gains 9% in October

Date: Fri, 30 Oct 2009 15:25:52 -000

Crude oil falls near 4% Friday but gains 9% in October
10/30/2009 3:24:16 PM EDT

Dow posts its biggest one-day selloff in the last six months, closing down 252 points. Nasdaq, S&P each dip 2.5%.

Date: Fri, 30 Oct 2009 16:02:04 -0400

Dow posts its biggest one-day selloff in the last six months, closing
down 252 points. Nasdaq, S&P each dip 2.5%.

U.S. market-volatility gauge leaps 19% Friday

Date: Fri, 30 Oct 2009 13:36:24 -0400

U.S. market-volatility gauge leaps 19% Friday
10/30/2009 1:34:43 PM EDT

Energy: BP may appeal $87 million fine in Texas blast

Date: 30 OCT 2009 14:37:36 GMT

The Occupational Safety and Health Administration levies the largest
fine in its history as it slaps British oil giant BP with an $87
million penalty for workplace violations in connection with the 2005
Texas City refinery blast that killed 15 people and injured 170,
according to reports on Friday.

U.S. stock market may not live up to track record

Date: Fri, 30 Oct 2009 12:01:08 -0400

U.S. stock market may not live up to track record

As stock investors hunt for higher returns in light of what some are calling a
"new normal" of reduced expectations, analysts point to early- cycle stocks as
among those that stand to gain as Asian demand for goods picks up.

FRIDAY'S BIGGEST GAINING AND DECLINING STOCKS

Among the companies whose shares are seeing active trade in Friday's session
are Harman, Las Vegas Sands and YRC Worldwide

CONSUMER SENTIMENT IMPROVES IN LATE OCT.

U.S. consumer sentiment improves in late October, but not by enough to exceed
the reading from September, according to a survey released by the University of
Michigan and Reuters.

CONSUMER SPENDING RETREATS AFTER CLUNKERS ENDS

U.S. consumer spending falls sharply in September after the government's
cash-for-clunkers program ends, the Commerce Department estimates. And
inflation-adjusted incomes come in lower for the fourth consecutive month.

EMPLOYMENT COSTS FALL TO RECORD LOWS

The cost of employing a worker in the U.S. falls to a record-low level in the
third quarter.

Dow extends loss to 200 points as investors unwind previous session's advance.

Date: Fri, 30 Oct 2009 12:39:04 -0400


Dow extends loss to 200 points as investors unwind previous session's advance.

BOJ keeps rate at 0.1% as expected; extends special lending steps through March

Date: Fri, 30 Oct 2009 00:18:22 -040
OJ keeps rate at 0.1% as expected; extends special lending steps through March
10/30/2009 12:16:49 AM EDT

Energy: China muscles deeper into global commodity markets

Date: 30 OCT 2009 11:00:57 GM

China's building muscle in the commodities markets, active in
countries from Canada and Australia to Venezuela, Brazil and Africa --
all with the aim of securing supplies of natural resources for its
growing population and rapidly expanding economy. It's a strategy
that, for better or rose, has effectively raised the competition bar
for the rest of us.

White House says 650,000 jobs were created or saved by $150 billion in stimulus funds, about half of what's been spent.

Date: Fri, 30 Oct 2009 07:09:04 -040

White House says 650,000 jobs were created or saved by $150 billion in
stimulus funds, about half of what's been spent.

U.S. consumer spending retreats post-'cash for clunkers'

Date: Fri, 30 Oct 2009 08:32:20 -0400

U.S. consumer spending retreats post-'cash for clunkers'
10/30/2009 8:30:48 AM EDT

Stocks open lower as investors take a step back from the big GDP rally. Dow slips 37 points in first minutes.

Date: Fri, 30 Oct 2009 09:32:04 -040

Stocks open lower as investors take a step back from the big GDP
rally. Dow slips 37 points in first minutes.

Thursday, October 29, 2009

Dow up more than 200 points as stocks extend gains on stronger-than-expected economic growth report.

Date: Thu, Oct 29, 2009 at 3:09 PM


Dow up more than 200 points as stocks extend gains on
stronger-than-expected economic growth report.

Wall Street's best day in 3 months ends with the Dow surging 189 points, S&P gaining 2.2% and Nasdaq 1.8% higher on strong GDP data.

Date: Thu, Oct 29, 2009 at 4:01 PM

Wall Street's best day in 3 months ends with the Dow surging 189
points, S&P gaining 2.2% and Nasdaq 1.8% higher on strong GDP data.

U.S. GDP rises 3.5% as stimulus kicks in

Date: Thu, 29 Oct 2009 12:00:58 -040

U.S. GDP rises 3.5% as stimulus kicks in

The U.S. economy expands at a 3.5% annual pace in the third quarter, as massive
government stimulus drags the economy out of the longest and deepest recession
since the 1930s, the Commerce Department estimates.

WEEKLY JOBLESS CLAIMS INCH LOWER, U.S. DATA SHOW

The number of people filing for state unemployment benefits for the first time
falls 1,000 in the latest week, to a seasonally adjusted 530,000, Labor
Department data show. The drop comes in less than economists had been
looking for.

GEITHNER: SYSTEMIC BILL PROVIDES 'BETTER OPTIONS'

Treasury Secretary Timothy Geithner comes out in favor of key systemic-risk
legislation introduced by Rep. Barney Frank. S

Economy grows for first time in a year in the 3rd quarter, U.S. says. GDP surges 3.5%, aided by government spending and auto sales.

Date: Thu, 29 Oct 2009 08:35:06 -0400

Economy grows for first time in a year in the 3rd quarter, U.S. says.
GDP surges 3.5%, aided by government spending and auto sales.

Stocks jump at the open as better-than-expected economic growth injects a dose of optimism into the markets.nn

Date: Thu, 29 Oct 2009 09:32:08 -040


Stocks jump at the open as better-than-expected economic growth
injects a dose of optimism into the markets.

Wednesday, October 28, 2009

A surprise dip in new home sales pushes stocks lower. Dow tumbles 121 points; Nasdaq drops 2.6%; S&P falls 1.9%.

Date: Wed, Oct 28, 2009 at 4:02 PM

A surprise dip in new home sales pushes stocks lower. Dow tumbles 121
points; Nasdaq drops 2.6%; S&P falls 1.9%.

New home sales mark their fist drop in six months, dipping 3.6% in September - government report.

Date: Wed, 28 Oct 2009 10:08:07 -0400


New home sales mark their fist drop in six months, dipping 3.6% in
September - government report.

Stock analyst: market will cheer Fed tightening

Date: Wed, 28 Oct 2009 12:00:57 -0400

Stock analyst: market will cheer Fed tightening


One analysrt sees market's performance in recent decades setting precedent for
approval of Fed moves this time.

NEW-HOME SALES FALL UNEXPECTEDLY IN SEPTEMBER

U.S. sales of new homes decline for the first time since March, clouding what
had been a sunny period for the beleaguered housing sector.


MORTGAGE DEMAND FALLS AGAIN IN LATEST WEEK

Mortgage applications dropped in the latest week as declining refinancing
activity again weighed on the Mortgage Bankers Association index, according to
data released Wednesday.

ASIA BANK CEOS RECEIVE LITTLE BY WESTERN STANDARDS

While high levels of executive compensation spark outrage in the U.S., Asia's
banks paid out far less to their top officers over the last fiscal year than
was seen in the West, and even reined in total executive pay, according to a
new survey.

E.U. APPROVES NORTHERN ROCK RESTRUCTURING PLANS

The European Commission on Wednesday approved U.K. plans to restructure
Northern Rock by splitting the nationalized mortgage lender in two.

Renewed economic worries drag stocks lower in early trading. Dow loses 34 points. Nasdaq falls 16.

DatDate: Wed, 28 Oct 2009 09:32AM ET

Renewed economic worries drag stocks lower in early trading. Dow loses
34 points. Nasdaq falls 16.

Tuesday, October 27, 2009

Tech stocks tumble, with Nasdaq down 1.2% at the close. Dow drifts up 13 points on strength in energy stocks.

Date: Tue, 27 Oct 2009 16:01:09 -0400

Tech stocks tumble, with Nasdaq down 1.2% at the close. Dow drifts up
13 points on strength in energy stocks.

Confidence drops for second-straight month

Date: Tue, 27 Oct 2009 12:00:50 -0400

Confidence drops for second-straight month

U.S. consumers doubt that the much-touted economic recovery is under
way, according to the latest report on consumer confidence released by
the Conference Board.

U.S. HOME PRICES RISE IN AUGUST, CASE-SHILLER SAYS

The market value of U.S. homes in 20 major cities rise by 1.2% in
August compared with July, the fourth monthly increase in a row,
according to the Case-Shiller home price index.

SEC TO HEIGHTEN SCRUTINY OF TRADING SYSTEMS

The Securities and Exchange Commission will look into the practices of
some exchanges that allow favored firms to locate their computers
inside the exchange data centers to speed up trading times,
Commissioner Mary Schapiro says.

Stocks rise in early trading as Wall Street reacts to indications of continued improvement in the housing market. Dow up 32 points.

Date: Oct 27, 2009 9:35 AM

Stocks rise in early trading as Wall Street reacts to indications of
continued improvement in the housing market. Dow up 32 point

Monday, October 26, 2009

Stocks tumble, pulled lower by the shaky financial sector and a strong dollar. Dow dips 104 points; S&P falls 1.2%.

Date: Monday, October 26, 2009

Stocks tumble, pulled lower by the shaky financial sector and a strong
dollar. Dow dips 104 points; S&P falls 1.2%.

Verizon's quarterly earnings drop 30%

Date: Monday, October 26, 2009

Verizon reports a 10% decline in third-quarter profit as consumers and
businesses reduced spending on wireline-phone service, taking some of
the edge
off continuing strong growth in wireless for the blue chip. It retains
the top spot in the U.S. among wireless subscribers served.

GOLD FUTURES GAIN AS DOLLAR WEAKENS

Gold futures edge higher, as the dollar fell against other major
currencies boosting the investment appeal of the precious metal.

CHINA PBOC OFFICIAL DOWNPLAYS DOLLAR REMARKS

A researcher at the People's Bank of China downplays comments that the
Chinese central bank should rebalance its reserves away from the U.S.
dollar, after the remarks send the greenback plunging.

Dow climbs 100 points in early trading, once again breaking through the 10,000 benchmark.

Date: Monday, October 26, 200

Dow climbs 100 points in early trading, once again breaking through
the 10,000 benchmark.

Stocks rise in the first moments of trading. Dow up 34, Nasdaq adds 5 as investors welcome better-than expected results from Verizon.

Date: Monday, October 26, 2009

tocks rise in the first moments of trading. Dow up 34, Nasdaq adds 5
as investors welcome better-than expected results from Verizon.

Sunday, October 25, 2009

Crude futures slip back below $80 on Globex

Date: Sunday, October 25, 2009


Crude-oil futures retreat below $80 a barrel, failing to find support
from a reported rise in September Chinese oil demand, as traders take
in profits from last week's climb in prices.