U.S. stocks return to rally as China worries ebb

Date: Thu, 27 May 2010 12:00:57 -0400

U.S. STOCKS RETURN TO RALLY AS CHINA WORRIES EBB
U.S. stocks jumped Thursday as the market looked past slightly
disappointing U.S. economic data to seize on signs that the eurozone's
debt problems could be contained.

WHY ISN'T BP HALTED DURING 'TOP-KILL' PROCEDURE?
It's been murky trading BP during the Gulf of Mexico oil spill at the
best of times. There's a case to be made for halting the trade of its
shares.

BP: TOP KILL RESULTS AWAIT, SPILL ESTIMATE JUMPS
BP Plc expects to know by the end of the day if its "top kill"
maneuver stops the oil spewing from its ruptured well at the bottom of
the Gulf of Mexico, as the government officially hikes its flow
estimate of the spill.

ENERGY STOCKS JUMP, BP RALLIES
Energy stocks rise as the broader equities market rallies, with
Transocean and U.S.-listed shares of BP back in the spotlight amid
hopes for stanching the flow of oil from a ruptured well at the bottom
of the Gulf of Mexico.

U.S. WEEKLY INITIAL JOBLESS CLAIMS DROP TO 460,000
The number of first-time claims for unemployment benefits falls 14,000
to a seasonally adjusted 460,000 in the latest week, the Labor
Department says. The four-week average of initial claims -- a better
gauge of employment trends than the volatile weekly number -- rises
2,250 to 456,500. Jobless claims would have to fall to about 400,000
to indicate a strong hiring trend, economists say.