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European Shares Little Changed
Reuters - European shares were little changed as
worries over steep bond yields offset solid results from the
world's third-biggest drugs maker, Sanofi-Aventis.
Tokyo Stocks Rise, Brokerages Lead
Reuters - The Nikkei share average rose 0.43
percent by midsession on Wednesday, extending gains into a
fifth day, as brokers such as Nomura Holdings gained on
expectations a recent improvement in market activity would help
boost revenue.
Dollar Off Highs on Greenspan's Warning
Reuters - The dollar hovered below a one-week high
against the euro and three-week high against the Australian
dollar on Thursday, kept in check by Federal Reserve chief Alan
Greenspan's warning that the United States should tackle its
budget deficit.
Nikkei Edges Down After 6-Day Rally
Reuters - Tokyo's Nikkei average edged down 0.11
percent by midsession on Friday as profit-taking hit a range of
blue chips including Honda Motor Co. after the benchmark had
logged a six-day winning streak.
Buffett Says He 'Struck Out' in 2004
AP - The mighty billionaire Warren Buffett says he has 'struck out.' The CEO of Berkshire Hathaway wrote in his annual report Saturday that he had hoped to make several multi-billion dollar acquisitions in 2004. He certainly had the money, so what's the problem? None to buy, he said.
Dow Jones Stocks Reach 3 1/2-Year High
AP - A surprisingly strong job creation report energized Wall Street, propelling stocks sharply higher as investors grew more confident about the economy and corporate earnings. The Dow Jones industrial average and Standard & Poor's 500 index both reached 3 1/2-year highs on the news.
European Stocks Firm, LSE Down
Reuters - European shares were little changed on
Monday, with an early focus on Deutsche Boerse's exit from the
race to buy the London Stock Exchange LSE, while basic
resources and utilities were firm.
European Shares Dip, Outlook Weighs on VW
Reuters - European share indexes were down around
0.2 percent by midsession on Tuesday and automaker Volkswagen
fell after saying it expects a weak first quarter.
Stocks mixed on higher oil, Texas Instruments update; C$ surges a cent
Canadian Press - TORONTO (CP) - Advances in base and precious metals stocks awarded the Toronto stock market with minor gains Tuesday while the U.S. dollar's infirmity sent the Canadian currency up sharply.
Dollar Hits Two-Month Low Vs Euro
Reuters - The dollar spun to a two-month low
against the euro on Thursday, hit by comments from the Japanese
prime minister that Japan's foreign reserves needed diversity.
Dollar Stuck Near Lows Before Trade Data
Reuters - The dollar was mired near a two-month low
against the euro on Friday as the market girded for U.S. data
expected to show a widening of the trade gap to a near record,
magnifying worries about U.S. deficits.
Market Ends Week Lower on Trade Deficit
AP - Investors preoccupied with inflation extended Wall Street's decline Friday, selling stocks sharply lower in response to a ballooning U.S. trade deficit. The drop, which came in spite of a bullish sales outlook from Intel Corp., left the market substantially lower for the week.
Dollar Rebounds After Friday Selloff
Reuters - The dollar jumped against the yen and
gained against other major currencies on Monday as investors
bought the greenback on the view that Friday's sell-off on poor
U.S. trade data may have been overdone.
Tokyo's Nikkei Average Down
Reuters - Tokyo's Nikkei average reversed morning
gains to fall 0.39 percent by mid-afternoon on Tuesday, as
concerns about earnings due to a possible rise in steel prices
hit Toyota Motor Corp. and other manufacturers.
Dollar Keeps Gains Vs Euro
Reuters - The dollar held at a one-week high
against the euro on Wednesday, bolstered by figures showing
that the United States attracted more than enough foreign
investment to offset its trade deficit in January.
Dollar Crawls Higher Against Euro and Yen
Reuters - The dollar crawled higher against the
euro and the yen on Thursday as investors and traders took
comfort from the fact that the swelling U.S. current account
deficit was being easily financed by foreign capital.
Dollar Firm Ahead of Fed Policy Meeting
Reuters - The dollar sat tight on Friday, keeping
the previous day's gains as traders and investors pondered
whether an upcoming Federal Reserve policy meeting would point
to interest rates climbing at a faster pace.
Saturday's Wall Street Glance
AP - Dow Jones Industrials
Clearer Inflation Picture Coming This Week
AP - With oil prices coming off a record high, investors will look to the Federal Reserve and key pricing data from the Labor Department for a read on Wall Street's biggest fear of the moment inflation.
Stocks Set to Open Up on S&P 500 Index
AP - U.S. stocks are set to open higher Monday as S&P 500 index reweighting comes into effect, according to a trader.
Dollar Stable Ahead of Fed Policy Meeting
Reuters - The dollar stayed in sight of two-week
highs against the euro and the yen on Tuesday ahead of a
Federal Reserve meeting that could point to interest rates
rising at a faster pace in the future.
Euroshares Fall on Threat of Higher Rates
Reuters - European shares fell on Wednesday,
weighed down by interest-rate sensitive stocks on fears the
Federal Reserve will be more aggressive on tightening credit
after it said inflation pressures had picked up.
Dollar Strength Helps European Stocks
Reuters - European shares edged above six-week
lows on Thursday as strength in the U.S. dollar improved
investor sentiment but oil major BP weighed after an explosion
at one of its U.S. refineries.
Nikkei Ends Slightly Higher
Reuters - Japan's Nikkei share average ended a
touch higher on Friday as several blue-chip exporter stocks
such as Honda Motor Co. and Canon Inc. rose after the dollar
struck a six-week peak against the yen.
Concerns over inflation could have impact on interest rates, stocks
Canadian Press - TORONTO (CP) - Stock markets could be in for a more difficult time, now that the U.S. Federal Reserve has plainly signalled interest rates will keep on going up - and maybe at a faster pace.
Wall Street May See Volatile Week
AP - With Wall Street's fears of inflation confirmed by the Federal Reserve, investors are now looking for proof that the economy will be strong enough to handle the increased pricing pressure and additional expected Fed interest rate increases.
Nikkei Drops Over 1.5 Percent
Reuters - Tokyo's Nikkei average tumbled more than
1.5 percent by Tuesday afternoon after weak retail spending
figures and a surprise rise in the jobless rate, with firms
like retailer Mitsukoshi Ltd. leading the decline.
Dollar Rally Peters Out Ahead of Data
Reuters - The dollar retreated after touching a
five-month high against the yen on Wednesday, as the U.S.
currency's two-week rally stalled before much-awaited economic
data later in the week including the U.S. jobs report.
Dollar Slips Against Yen Before U.S. Data
Reuters - The dollar retreated further on Thursday
from a five-month high against the yen as investors eyed jobs
and inflation data that could boost expectations for U.S.
interest rates to rise more quickly.
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