MarketWatch — September 3, 2010 — Investors pushed stocks up for the fourth day in a row, sailing into the long weekend on a high note as an encouraging jobs report sent stocks to their best pre-Labor Day week in two decades. The Dow Jones Industrial Average delayed (DJIA 10,448, +127.83, +1.24%) finished up 127.98 [...]
Bloomberg — September 3, 2010 — Stocks rallied, extending the first weekly gain in a month for the Standard & Poor’s 500 Index, while Treasuries and gold tumbled as better-than-estimated growth in private payrolls bolstered optimism the economy will avoid relapsing into a recession. The S&P 500 surged 1.2 percent to 1,103.25 at 9:39 a.m. [...]
Bloomberg — September 2, 2010 — U.S. stocks rose, adding to the biggest rally in the Standard & Poor’s 500 Index since July, and Treasuries fell as an unexpected jump in home sales and a drop in jobless claims tempered concern the economic rebound is weakening. Oil advanced for a second day. The S&P 500 [...]
Bloomberg — September 2, 2010 — U.S. stocks rose, extending yesterday’s gain that marked the Standard & Poor’s 500 Index’s biggest rally in almost two months, as initial jobless claims fell and pending home sales unexpectedly increased. Nordstrom Inc., J.C. Penney Co. and Kohl’s Corp. advanced at least 1.5 percent after reporting August same-store sales [...]
Dow Jones — U.S. stocks rose, boosted by an unexpected increase in U.S. pending home sales and better-than-expected back-to-school sales from retailers. Wednesday’s rally has fueled hope that economic worries have been overplayed in the markets. Paul Vigna discusses. Also, Aaron Zitner discusses eroding support for Democrats in several House races, boosting G.O.P. confidence that [...]
MarketWatch — September 1, 2010 — U.S. stocks surged Wednesday after a reading on manufacturing activity climbed in August, defying expectations of a decline and helping to calm worries about the direction of the economy. Bouncing back from their biggest August slide in nine years, the major stock indexes climbed after the Institute for Supply [...]
The Wall Street Journal — September 1, 2010 — Investors bid up riskier assets Wednesday as the latest manufacturing data helped soothe fears over an economic “double dip.” Treasurys fell as investors raced to snap up stocks, commodities and riskier currencies. The rally began early and strengthened on a surprisingly strong picture from the manufacturing [...]
Bloomberg — September 1, 2010 — U.S. stocks rose the most in more than a month as better-than-estimated growth in American and Chinese manufacturing bolstered confidence in the global economic recovery. Alcoa Inc., the largest U.S. aluminum producer, advanced 2.7 percent as metal prices gained. Apple Inc. rose 2.4 percent before unveiling an updated version [...]
Reuters — September 1, 2010 — U.S. regulators did not grant Lehman Brothers the same assistance as its competitors, knocking out the possibility of an orderly unwind of the firm and aggravating the global crisis, former Lehman Chief Executive Dick Fuld said Wednesday. Fuld will tell a U.S. commission investigating the causes of the financial [...]
MarketWatch – August 31, 2010 — U.S. blue-chip stocks fell Tuesday, piling on additional losses to cap their worst August since 2001, as minutes from the last meeting of the Federal Reserve added to jitters about the growth of the economic recovery. The Dow Jones Industrial Average (DJIA 10,015, +4.99, +0.05%) fell back under the [...]
