Stocks Struggle for Direction (at The Wall Street Journal)
Stocks Struggle for Direction Stocks flitted between small gains and losses as disappointing reports on consumer confidence and regional manufacturing activity weighed against a rise in U.S. home prices and strong earnings. Click here to read the full story
Read more..U.S. stock gains have Dow erasing 2010 losses (MarketWatch)
U.S. stocks climb for a third session, lifting the Dow industrials back into positive territory for 2010 after the government reports new-home sales rose in June and shipper FedEx Corp. hikes its outlook. Click here to read the full story
Read more..Sector Snap: Citi positive on oil refiners (AP)
Profit margins for U.S. oil refiners are set to improve in the second quarter after a year of net losses because of declining margins, said Citi Investment Research analyst Faisel Khan Monday in a research note. Click here to read the full story
Read more..Stocks Hover Around the Flat Line Early (at The Wall Street Journal)
Stocks Hover Around the Flat Line Early U.S. stocks flitted between small gains and losses Monday, led by industrials as a guidance boost from FedEx boosted investors expectations for more of the sector s earnings reports to come. Click here to read the full story
Read more..Global stocks retreat on Ireland downgrade
SYDNEY (Reuters) – The euro extended losses on Monday, pulling further away from two-month highs, after Moody’s cut Ireland’s credit rating, highlighting the fragility of Europe’s fiscal health. Click here to read the full story
Read more..U.S. stocks battered by bank, slowdown worries (at MarketWatch)
U.S. stocks fell sharply Friday and ended with weekly losses of about 1%, dragged lower by tumbling financial stocks as investors gave a thumbs down to the latest big bank earnings and economic reports. Click here to read the full story
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