Similar Stories to A Weak Open For Us Stocks Following Latest Record Highs on Bing News

The Commerce Department said that housing starts jumped 20.2 percent to an annual rate of 1.14 million homes, the fastest clip since November 2007. "The housing market comes back in the spring, is what realtors always say, and boy is this true today," said Christopher Rupkey, chief financial economist at MUFG Union Bank, in a note to clients. Before the market opened, Wal-Mart Stores turned in sluggish sales and a drop in quarterly earnings as raises for workers and a rising dollar put pressure on its profits. Take-Two Interactive, which makes the "Grand Theft Auto" video games, surged 15 percent after reporting earnings that were sharply higher than analysts had expected. Investors were cheered by an ECB official's remark that the central bank would step up its bond-buying stimulus program in May and June in anticipation of slow trading in July and August. Greece was also in focus after its finance minister said he expects an agreement with bailout creditors within the next week, potentially saving the cash-strapped country from defaulting on its debts.

BING NEWS:
  • Stock market today: S&P 500 climbs to a record
    U.S. stocks rose to a record as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year.
    01/23/2025 - 8:36 am | View Link
  • The S&P 500 closes at a record high as Trump pushes for cheaper oil and lower interest rates
    Oil prices fell after Trump's comments, while the 10-year US Treasury yield rose, signaling that Trump may have less influence on interest rates.
    01/23/2025 - 8:11 am | View Link
  • US stocks open little changed after S&P 500 record high. Investors eye Trump's Davos talk
    US stocks were subdued at the open after this week's rallies pushed the S&P 500 to a record. Investors will eye trade clues from Trump's Davos speech.
    01/23/2025 - 2:53 am | View Link
  • Bay Street Likely To Open Flat Or With Slightly Negative Bias
    Canadian shares may open flat or with a slightly negative bias on Thursday, tracking weak crude oil prices and amid concerns about ...
    01/22/2025 - 11:37 pm | View Link
  • US stocks open strong on blowout Netflix results and tech companies' $500b AI investment
    Wall Street opens higher, with the S&P 500 index near its all-time high. Blowout Netflix results and anouncement of a $500b AI investment fuel gains.
    01/22/2025 - 5:24 am | View Link
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