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Stocks gain on better-than-expected inflation reading
http://www.usatoday.com/ money/ markets/ 2008-05-14-stocks-wed_N.htm?csp=34
Stocks steamed higher Wednesday after a better-than-expected report on consumer prices tempered some of Wall Street's concerns ...
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Stocks end higher on price report
http://blogs.usatoday.com/ondeadline/2008/05/stocks-end-high...Stocks managed to finish in positive territory today despite a late-afternoon selloff. After being up 150 points, the Dow Jones closed up 66 points (0.525%) at 12,989. The Nasdaq ended a point higher at 1,496 and the S&P 500 added 5 points, winding
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Asian Stocks Climb Most in Two Weeks; Sony Surges on Forecast (Bloomberg.com)
http://toddonfire.com/?p=625Asian Stocks Climb Most in Two Weeks; Sony Surges on Forecast (Bloomberg.com) May 15 (Bloomberg) — Asian stocks rose the most in two weeks, led by technology companies, after Sony Corp. and NEC Electronics Corp. forecast higher-than-expected profit. Stocks Rise on Inflation Data (BusinessWeek) A lower than expected increase in consumer prices, strength in retail stocks, and an easing of credit conditions pushed equities higher Wednesday Stocks gain on better-than-expected inflation reading (USA Today) Stocks steamed higher Wednesday after a better-than-expected report on consumer prices tempered some of Wall Street’s concerns about inflation. The Dow Jones industrial average at times rose more than 100 points. Oil prices recede as US crude stocks rise (AFP via Yahoo! News) Oil prices fell heavily Wednesday as traders reacted to an increase in US crude stocks and as profit-taking occurred a day after prices struck a record high. Japan Stocks Rise to Four-Month High, Led by Sony on Forecast (Bloomberg.com) May 15 (Bloomberg) — Japan’s stocks climbed to a four-month high after Sony Corp. forecast higher earnings, boosting confidence companies relying on overseas markets are becoming less vulnerable to exchange rates. ReneSola Tops Q1 Views, Gives Solar Stocks Another Boost (Investor’s Business Daily via Yahoo! News) Solar energy stocks continued their march upward Wednesday after Chinese silicon wafer manufacturer ReneSola beat analysts’ first-quarter sales and profit forecasts. Asian Stocks Climb Most in Two Weeks; Sony Surges on Forecast (Bloomberg.com) May 15 (Bloomberg) — Asian stocks rose the most in two weeks, led by technology companies and airlines, after Sony Corp. and NEC Electronics Corp. forecast earnings that beat estimates and Qantas Airways Ltd. averted a strike.
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Dollar Increases to One-Week High Against Yen on Stock Gains - Bloomberg
http://moolatalk.com/2008/05/14/dollar-increases-to-one-week...Dollar Increases to One-Week High Against Yen on Stock Gains - Bloomberg Posted by: admin in Latest News Dollar Increases to One-Week High Against Yen on Stock Gains - Bloomberg May 14 (Bloomberg) — The dollar rose to a one-week high against the yen as an advance in U.S. stocks encouraged investors to buy higher-yielding assets funded in Japan. The 15-nation euro is overvalued by as much as 20 percent against the dollar Sensex gains 225 pts - Daily News and Analysis MUMBAI: The Bombay Stock Exchange benchmark Sensex on Wednesday gained 225 points on the back of rally in Infosys, TCS and Tata Steel. Metal stocks rallied sharply on overnight firm advices from London Metal Exchange, while IT shares attracted good GLOBAL MARKETS-Dlr wipes gains, stocks rise after U.S. CPI - Reuters LONDON, May 14 (Reuters) - Stocks rallied and the dollar lost ground on Wednesday after U.S. consumer prices rose less than expected, injecting a hint of doubt into expectations that the Federal Reserve will pause its cycle of interest rate cuts. U.S Merrill to rate at least 20 pct stocks “underweight” - Guardian Unlimited NEW YORK, Might 14 (Reuters) - Merrill Lynch said on Wednesday that its analysts will soon have to rate at least 20 percent of the stocks in their sector as “underweight,” to better match historical returns for stocks. Merrill rates about 10 percent of Cramer on Top Searched Stocks: Wal-Mart - Street.Com “We’ve been where we are right now for leadership. In much of the 1990s, it was Cisco CSCO , Intel INTC and Microsoft MSFT , with an occasional help/hurt from Oracle ORCL and a ‘maybe significant’ from Nortel NT or Qualcomm QCOM . Now it’s Apple AAPL Oil falls as U.S. energy stocks rise - CNBC LONDON (Thomson Financial) - Oil fell after U.S. distillate inventories, including heating oil, rose above expectations and crude stocks in the world’s top consumer grew last week. Oil on Tuesday hit a record of $126.98, partly on a rally in the New Merrill Rule: 20% of Stocks Rated ‘Underweight’ - CNBC Merrill Lynch said its analysts will soon have to rate at least 20 percent of the stocks in their sector as “underweight,” to superior match historical returns for stocks. [ MER Loading ( %) ] rates about 10 percent of stocks it Stocks jump on better-than-expected inflation reading - USA This day NEW YORK — Stocks steamed higher Wednesday after a better-than-expected report on consumer prices tempered some of Wall Street’s concerns about inflation. The Dow Jones industrial average at times rose more than 100 points. The Labor Department’s Bonds down as stocks rise investors await economic data - Washington Post NEW YORK — Treasury prices slipped modestly Monday as the stock market rallied and fixed-income looked ahead to a number of key economic reports to be released in the coming days. The dollar’s rise, which helped dampen oil prices, helped send the Vale leads Brazil stocks higher, real weakens - Reuters South Africa The Bovespa index <.BVSP> of the Sao Paulo stock exchange was up 0.62 percent at 70,939.15 points in midday trading, putting it on track to close at its third consecutive all-time high. Vale and Banco do Brasil led the market higher, each climbing Share This Share This
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