Category Archives: Stocks

Stocks: Best week in two years

By doris | Published: July 2, 2011

Full Story at Money.cnn.com NEW YORK (CNNMoney) — The fireworks came early on Wall Street. Stocks started the second half of the year firing on all cylinders Friday, posting the strongest week in two years, as fresh data boosted investor optimism about the state of the economy. After starting the day barely changed, the Dow [...]

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Wall Street rallies 4th day, gains in July seen

By doris | Published: June 30, 2011

Full Story at news.Yahoo.com NEW YORK (Reuters) – U.S. stocks ended a volatile quarter on Thursday with their biggest four-day rally since September as positive economic data and a temporary resolution of Greece’s debt crisis indicated further gains in July. Midwest business activity showed surprising strength this month, lifted by a jump in new orders, [...]

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Stocks soar on housing data

By doris | Published: June 28, 2011

Full Story at Money.com NEW YORK (CNNMoney) — U.S. stocks rallied on Tuesday, with the Dow jumping 145 points, as investors cheered a report showing home prices rose for the first time in nine months in April. “The market was hungry for some good news, particularly on housing,” said Fred Dickson, chief investment strategist with [...]

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Stocks have their first winning week since April

By doris | Published: June 17, 2011

Full Story atnews.Yahoo.com Signs that a solution to Greece’s debt problems could be near helped the stock market eke out its first week of gains since April. Germany softened its conditions for giving Greece more loans on Friday, putting Greece closer to getting more financial support and avoiding a default. Global financial markets were rattled [...]

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Wall Street rebounds from four days of losses

By doris | Published: June 7, 2011

Full Story at msnbc.com NEW YORK — Traders are eagerly awaiting indications from Federal Reserve chairman Ben Bernanke that interest rate hikes aren’t likely anytime soon. The hope that Bernanke will make that clear in remarks scheduled for Tuesday afternoon is keeping stocks afloat. Stocks recovered some of their losses Tuesday after sliding for four [...]

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Dow, S&P fall for fifth-straight week

By doris | Published: June 5, 2011

Full Story at CNNMoney NEW YORK (CNNMoney) — U.S. stocks fell sharply on Friday, with the Dow and S&P falling for the fifth-straight week, as investors digested a disappointing May jobs report. The Dow Jones industrial average (INDU) lost 97 points, or 0.8%, to end the week at 12,151. The Dow is on its longest [...]

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Krispy Kreme stock surges 20% on sweet earnings

By doris | Published: May 23, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — Investors have a sweet tooth for shares of Krispy Kreme after the doughnut shop operator announced its strongest quarterly results in seven years on Monday. Krispy Kreme (KKD) shares surged more than 22% to $7.81 each, after the company announced revenue surged 13.6% and income more than [...]

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Stocks stumble as oil prices plunge

By doris | Published: May 11, 2011

Full Story at CNNMoney NEW YORK (CNNMoney) — Stocks fell sharply Wednesday, as energy and materials stocks were particularly hard hit by a sell-off in oil and gasoline futures. “Commodities are getting crushed here, and it’s taking the whole market with it,” said David Rovelli, managing director of U.S. equity trading at Canaccord Adams.

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Party may be over for Big Oil stocks

By doris | Published: April 29, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — Oil stocks have been gushing all year thanks to surging crude prices. But is the party almost over? Energy giants ConocoPhillips (COP, Fortune 500), Exxon Mobil (XOM, Fortune 500), Royal Dutch Shell (RDSA) and Chevron (CVX, Fortune 500) all reported enormous jumps in profits in the past [...]

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Stocks climb to 3-year highs on earnings boost

By doris | Published: April 26, 2011

Full Story at Money.cnn.com NEW YORK (CNNMoney) — U.S. stocks finished at their highest levels in three years Tuesday afternoon, as investors cheered another batch of earnings results and a better-than-expected report on consumer confidence. The Dow Jones industrial average (INDU) gained 115 points, or 0.9%, the S&P 500 (SPX) rose 12 points, or 0.9%, [...]

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Stocks end mixed amid investor caution

By doris | Published: April 25, 2011

Full Story at Money.cnn.com NEW YORK (CNNMoney) — U.S. stocks ended mixed Monday, with technology shares rising modestly, amid a pause in the flow of corporate results and ahead of a statement from the Federal Reserve later this week. In the commodities market, gold and silver prices held gains but closed off session highs. Oil [...]

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Dow ends week at nearly 3-year high

By doris | Published: April 21, 2011

Full Story at Money.cnn.com NEW YORK (CNNMoney) — U.S. stocks advanced for a third straight session Thursday, with the Dow closing at almost a 3-year high following a slew of strong earnings. But disappointing readings on regional manufacturing and the labor market kept a lid on the gains, reminding investors that the economy is still [...]

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Stocks close flat as oil rises again

By doris | Published: April 14, 2011

Full Story at money.CNN.com NEW YORK (CNNMoney) — U.S. stocks ended Thursday’s session mostly flat, erasing earlier losses as commodities and energy stocks climbed higher. The gains in oil offset weakness in the banking and technology sectors. The Dow Jones industrial average (INDU) rose 14 points, or 0.1%, to 12,285. The Dow was down as [...]

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Stocks dragged down by oil and Alcoa

By doris | Published: April 12, 2011

Full Story at CNNMoney.com NEW YORK (CNNMoney) — U.S. stocks finished lower Tuesday, with all three major indexes losing about 1%, as a 3% drop in oil prices sparked a sell-off in energy stocks and Alcoa’s sales disappointment weighed down the Dow. Investors also were on edge after Japanese officials raised the threat level at [...]

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