Stock Markets - Page 25

Reuters - Stocks rose on Thursday as a rebound in global equity markets helped boost financial shares and robust monthly sales from some retailers relieved worries about the economy's health.

AP - The dollar traded higher against the other major currencies Thursday, climbing against the yen in Asia on a sharp rebound in Japanese stocks, supporting views that recent exchange-rate volatility will ease and make yen-carry trades more feasible.

FT.com - Mining stocks led the FTSE higher on Thursday with Antofagasta, the copper producer focused on Chile, up 3.1 per cent to 476p on talk that a special dividend of up to 40 US cents a share could be paid when full-year results are announced on Tuesday. More Info...  

FT.com - European equities rose on Thursday, helped by encouraging corporate results and strength in the financial sector. The FTSE Eurofirst 300 gained 1.3 per cent to 1,486.10. More Info...  

AP - The European Central Bank raised its key interest rate a quarter point to 3.75 percent Thursday and set the stage for another hike, in a move aimed at keeping inflation contained amid strong economic growth. More Info...  

AFP - US Treasury Secretary Henry Paulson called on China Thursday to push through ambitious reforms of its financial markets a week after heavy losses on the Shanghai bourse roiled global equities.

FT.com - London equities continued to recover on Thursday amid a rally in the beleaguered mining sector. More Info...  

AFP - European stock markets moved higher on Thursday, following bumper gains earlier in Tokyo, as investors regained confidence after a recent slump in global equities.

AP - Japanese stocks rebounded sharply Thursday, led by blue-chip exporters like Toyota and Canon as the yen weakened.

FT.com - Japanese stocks meandered through the morning on light volumes and directionless trading. A return to wider market confidence remains elusive and the benchmark indexes dipped slightly going into the lunch break. More Info...  

Stock Markets News

AP - Stocks fell slightly but showed more signs of stability Wednesday as investors sifted through new economic data and found little reason to resume last week's heavy selling pace.

Reuters - Stocks slipped on Wednesday following a negative assessment of the housing market from a large home builder and a Federal Reserve report indicated some U.S. regions were seeing slowing economic growth.

AFP - Wall Street closed modestly lower Wednesday, but stock markets in Europe and much of Asia extended a rally after a week of punishing losses in global equities.

FT.com - Wall Street stocks flicked in and out of positive territory on Wednesday before closing lower as energy companies fell from early highs. More Info...  

AP - Oil prices jumped by more than $1 per barrel Wednesday after the U.S. government reported an unexpected drop in crude inventories amid the lowest import levels since 2005.

AP - Stocks moved sideways Wednesday as investors tried to determine whether the previous session's rally had legs and might continue or whether the pessimism that pressed investors into selling for much of the past week would win out. More Info...  

FT.com - Xstrata remained in focus on Wednesday amid rumours that the acquisitive mining group was weighing a move for Lionore Mining, a Canadian nickel producer valued at £1.5bn. More Info...  

Reuters - A popular investment strategy where investors borrow cheaply in yen to buy higher-yielding assets elsewhere can only continue for so long, former Federal Reserve Chairman Alan Greenspan said on Wednesday.

FT.com - Wall Street stocks were becalmed at midday on Wednesday as cautious investors paused for breath after a tumultuous week. More Info...  

AP - U.S. Treasury prices inched up in more sedate trading Wednesday amid calmer stock market activity. More Info...