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2009-09-18 09:16:40

U.S. markets advanced Friday morning after the Federal Reserve said household wealth grew in the second quarter for the first time in nearly two years. The biggest boost to household wealth was a 21.7 percent rise in stock values between April and July, the Fed said. In midmorning trading Friday, stocks were mixed. The Dow Jones industrial average added 14.29 points, 0.15 percent, to 9,798.21. The Standard & Poor's 500 slipped 0.05 percent, 0.54 points, to 1,064.95. The Nasdaq composite...

2009-09-18 12:16:14

U.S. markets advanced Friday after the Federal Reserve said household wealth grew in the second quarter for the first time in nearly two years. The biggest boost to household wealth was a 21.7 percent rise in stock values between April and July, the Fed said. In early afternoon trading, the Dow Jones industrial average added 53.58 points, 0.55 percent, to 9,837.50. The Standard & Poor's 500 added 3.99 points, 0.37 percent, to 1,069.48. The Nasdaq composite index rose 0.37 percent, 7.89...

2009-09-17 16:21:28

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 ten trading sessions. By close Thursday, the numbers were slightly down. The Dow Jones industrial average closed off 0.08 percent, 7.79...

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...


Word of the Day
omadhaun
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.