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Jobs Report Good Enough For Stocks As Dow Tops 11,000

Jobs Report Good Enough For Stocks As Dow Tops 11,000

Traders tiptoed around stocks early Friday as they absorbed the government's jobs report, but the market flipped a switch mid-morning and settled into a rally mode that pushed the major indexes up to their best levels since May.

 

Wall Street surges after services sector report

Stocks rose Tuesday following news that activity expanded in the U.S. services sector last month.

 

Stocks Jump on Durable Goods Report

Stocks Jump on Durable Goods Report

Traders were encouraged that orders for manufactured goods excluding the volatile transportation sector rose sharply last month.

 

GM ties up $5 bln bank deal, IPO filing Fri-sources

GM ties up $5 bln bank deal, IPO filing Fri-sources

General Motors Co has secured a $5 billion credit facility, two people briefed on the bank deal said on Wednesday, marking the return of the top U.S. automaker to the capital markets a year after it emerged from a landmark bankruptcy.

Senh: The stock market went down, but I consider this good news. At least GM is getting back up, and that can only help our economy.

 

Stocks Carry July Momentum Into August

New month starts higher after European bank profits boost U.S. financials.

Senh: Can we finally get close to 11,000. Only about 300 points to go.

 

Ford profit tops Street view; shares climb

Ford Motor Co F.N posted a stronger-than-expected quarterly profit of $2.6 billion and said it was on track for higher earnings and lower debt in 2011, sending its shares up 3 percent in premarket trade.

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Senh: That's good to hear. At least one U.S. auto company is doing well.

 

Stocks Soar As AT&T, Caterpillar Raise Forecasts

Stocks Soar As AT&T, Caterpillar Raise Forecasts

The economy won out over earnings season Wednesday, when a round of mostly better-than-expected reports couldn't stop a triple-digit slide in the Dow Jones industrial average.

 

Wall Street Stages Biggest Rally Since May

Wall Street Stages Biggest Rally Since May

The stock market staged its biggest rally since May on Wednesday, driving the Dow Jones industrial average above 10000, as investors rushed to buy blue-chip shares near their lowest levels this year. The hope was that coming quarterly ...

 

Stocks extend gains as China eases currency policy

Stocks extend gains as China eases currency policy

Stocks extended their winning streak Monday after China said it would allow its currency to appreciate against the dollar, a move that could provide a boost for U.S. manufacturers and exporters ...

 

Dow closes up 225 points after pending home sales top forecasts

The stock market rebounded Wednesday after a stronger-than-expected increase in pending home sales restored investors' optimism about the economy.

 

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