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OECD data detects trough in major economies
Published July 10, 2009, 4:36 am, Zawya
PARIS, Jul 10, 2009 (AFP) - Conditions in some of the world's leading economies showed signs of improvement in May, raising the chances of recovery, according to a survey of leading economic indicators published on Friday.
European stocks fall on results fears
Published July 10, 2009, 4:20 am, Zawya
LONDON, Jul 10, 2009 (AFP) - Europe's main stock markets slipped on Friday after Tokyo closed lower and Wall Street managed only slight gains amid mounting concerns about the latest earnings season, dealers said.
Earnings Outlook: Google seen posting growth, but at slower pace
Published July 10, 2009, 3:48 am, Market Watch
Despite the troubled economy and sagging prices paid for the search giant’s online advertising, Wall Street expects Google Inc. to issue an earnings report next Thursday showing profit and sales gains for the second quarter ended in June.
Indications: U.S. stock futures down before confidence data
Published July 10, 2009, 3:10 am, Market Watch
U.S. stock futures declined Friday as worries over earnings and the economy were back in the spotlight ahead of data on the trade gap and consumer confidence.
Asian shares slip; Japan shipping shares falter
Published July 10, 2009, 2:55 am, Market Watch
Asian shares erased early gains and finished Friday’s session mostly in the red, with Japanese shipping stocks foundering on concerns about lower freight rates, but several companies made strong trading debuts in China.
Dow Gains Five Points
Published July 10, 2009, 2:38 am, The Lakeland Ledger
Investors are finding some appetite for risk after a jittery week. Stocks edged higher Thursday as investors put money into banking and industrial stocks as well as commodities. Investors worried about the economy have been cautious about buying stocks, even after heavy selling earlier this week made shares look relatively cheap. Investors were...
Here are sectors that could lead the market's recovery
Published July 9, 2009, 10:41 pm, USA Today
Q: What are the bull sectors for 2009 and 2010?
Gains in financials, material stocks lift market
Published July 9, 2009, 9:12 pm, Erie Times-News
Investors are finding some appetite for risk after a jittery week.
Asia Markets: Sanjin, Wanma rise sharply in Shenzhen debut
Published July 9, 2009, 8:57 pm, Market Watch
Guilin Sanjin and Zhejiang Wanma -- the first initial public offerings in China after a nine-month moratorium -- rise sharply in debut trade, underscoring the deep demand among investors for new stock.
While you were sleeping: Pound gains on BOE asset purchases; dollar, yen drop
Published July 9, 2009, 3:17 pm, ShareChat
The British pound surged after the Bank of England kept its quantitative easing target unchanged at 125 billion pounds, surprising investors who had expected an increase.
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