Wednesday, June 02, 2010

U.S. stocks recoup some recent losses

Date: Wed, 02 Jun 2010 12:00:55 -0400

U.S. STOCKS RECOUP SOME RECENT LOSSES
U.S. stocks rise modestly Wednesday, regaining some lost ground after
a two-session losing streak, as investors bet the prior day's blasting
of energy shares was overdone.

COMMODITY-SECTOR SHARES UNDER PRESSURE IN EUROPE
European share indexes lose ground, pulled down by broad losses for
commodity-sector companies and another slide for BP shares.

HONG KONG, AUSTRALIA FALL AS JAPAN SLIPS BACK
Some of Asia's major stock markets closed lower Wednesday, with a
brief climb in the Japanese market giving way to a decline after
traders had time to digest the resignation of the country's prime
minister.

JOBS REMINDS US HOW FAR APPLE HAS COME
Steve Jobs reminds all of us how far Apple Inc. has come in the last
13 years or so since he came back to the company he co-founded.
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REALITY UPDATE:
The recession has transformed more consumers into discount shoppers,
and now websites that harness the power of group purchasing are
helping them get even better deals.

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