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2009-09-17 13:11:29

U.S. markets retreated from early gains Thursday despite first-time jobless claims dropping for the second consecutive week. The Labor Department said there were 12,000 fewer initial claims in the week ending Sept. 12. In the previous week, the Labor Department reported 26,000 fewer initial claims. U.S. markets have closed higher in eight of the last nine trading sessions. By early afternoon, however, the Dow Jones industrial average was down 26.53 points, 0.27 percent, to 9,765.18. The...

2009-09-17 09:41:43

U.S. markets jumped early Thursday after the Labor Department said first-time jobless claims dropped for the second consecutive week. After dropping by 26,000 claims a week ago, the Labor Department reported 12,000 fewer initial claims were filed in week ending Sept. 12. U.S. markets have closed higher in eight of the last nine trading sessions. In midmorning trading Thursday, the Dow Jones industrial average added 40.88 points, 0.42 percent, to 9,832.59. The Standard & Poor's 500 index...

2009-09-17 07:19:19

Asian markets swung higher Thursday, some with strong finishes, following a streak of nine out of 10 positive trading sessions on Wall Street. Although unemployment looms as a global concern, it helps exporting nations when their biggest customer finds solid ground on which to stand. That said, gains in the United States are everybody's gain. As strong an authority as there might be on the subject, Federal Reserve Chairman Ben Bernanke said this week the U.S. recession is very likely over at...

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2009-09-16 15:36:34

U.S. markets advanced for the third consecutive trading session Wednesday after inflation data came in close to expectations. The U.S. Department of Labor said consumer prices rose 0.4 percent in August, in line with the consensus forecast. The figure is also strong enough to shake off worries of deflation, yet low enough to keep inflation worries at bay. Bank of America, Citigroup and General Electric led all companies in trading volume. Istar Financial Inc. led all gainers with stocks...

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2009-09-16 09:25:18

U.S. markets shook off a recent trend of morning losses and advanced early Wednesday, with inflation data in line with expectations. The U.S. Department of Labor said consumer prices rose 0.4 percent in August, in line with the consensus forecast. The figure is also strong enough to shake off worries of deflation, yet low enough to keep inflation worries at bay. In midmorning trading, the Dow Jones industrial average gained 0.29 percent, 27.81 points, to 9,711.22. The Standard & Poor's...

2009-09-15 13:22:15

U.S. markets swung up after an early slide Tuesday as investors digested a slew of economic reports. In its monthly manufacturing survey, the New York Fed said the general business conditions index for the Empire State rose 7 points to 18.9, its highest level since late 2007. The Commerce Department said retail sales rose 2.7 percent in August. The Labor Department said producer prices rose 1.7 percent after falling 0.9 percent in July. In early afternoon trading, the Dow Jones industrial...

2009-09-15 15:50:00

U.S. markets swung up after an early slide Tuesday as investors digested a slew of economic reports. In its monthly manufacturing survey, the New York Fed said the general business conditions index for the Empire State rose 7 points to 18.9, its highest level since late 2007. The Commerce Department said retail sales rose 2.7 percent in August. The Labor Department said producer prices rose 1.7 percent after falling 0.9 percent in July. By close, the Dow Jones industrial average gained 56.61...

2009-09-15 09:33:41

U.S. markets slid early Tuesday despite a New York Federal Reserve Bank report that said business conditions have improved. In its monthly manufacturing survey, the New York Fed said the general business conditions index for the Empire State rose 7 points to 18.9, its highest level since late 2007. In midmorning trading, the Dow Jones industrial average dropped 10.43 points, 0.11 percent, to 9,616.37. The Standard & Poor's 500 lost 0.23 percent, 2.41 points, to 1,046.93. The Nasdaq...

2009-09-14 15:30:27

U.S. markets headed turned in positive numbers Monday on the eve of the anniversary of Lehman Brothers filing for bankruptcy. President Barack Obama addressed the financial community from Federal Hall on Wall Street to press his case for regulatory reform and provide reassurances that the government wants to get out of the bailout business. Markets were in the red most of the day, but climbed to higher ground by the close. The Dow Jones industrial average closed up 21.39 points, 0.22 percent,...

2009-09-14 12:34:11

U.S. markets headed lower Monday on the eve of the anniversary of Lehman Brothers filing for bankruptcy. President Barack Obama addressed the financial community Monday from Federal Hall on Wall Street to press his case for regulatory reform and provide reassurances that the government wants to get out of the bailout business. In early afternoon trading, the Dow Jones industrial average lost 29.32 points, 0.31 percent, to 9,576.09. The Standard & Poor's 500 fell 0.12 percent, 1.27 points,...


Word of the Day
drawcansir
  • A blustering, bullying fellow; a pot-valiant braggart; a bully.
This word is named for Draw-Can-Sir, a character in George Villiers' 17th century play The Rehearsal.
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