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Optimism created by a strong earnings report from Intel was enough to overcome word that the trade deficit has hit record high levels and to send stocks to a positive finish today. Stocks fell early in the session after the Commerce Department said the trade gap swelled to US$60.3 billion in Novembe...

Stocks continued to backslide from their peaks reached at the end of 2004 as a disappointing kickoff to earnings season and warnings from some key technology companies led to another sell-off. Stocks tumbled during the last hour, with the Dow closing down 64.81 points, or 0.61 percent, to 10,556.22....

Stocks posted modest gains today as merger activity sparked a rally that petered out by the end of the session as investors turned a wary eye to the upcoming earnings season. The first wave of corporate earnings reports comes this week and got off to a mixed start as metals giant Alcoa posted a less...

An employment report for December that showed steady job creation and capped the best year for hiring since 1999 wasn't enough to prevent stocks from ending the week in negative territory, with yet another weak session today. The Dow finished the day and week at 10,603.96, down 18.92 points, or 0.18...

Stocks closed mixed today, with the Dow and the S&P 500 ending their three-day losing streaks, but the Nasdaq still stuck in reverse. The Dow ended at 10,622.88, up 25.05 points, or 0.24 percent. The Nasdaq fell 1.24 points, or 0.06 percent, to 2,090.00. The S&P 500 gained 4.15 points, or 0....

Major U.S. stock markets posted losses for the third straight session today amid inflation worries and concerns that a move by Delta Airlines to cut fares could lead to an airline price war that would further damage that troubled industry. Stocks were initially higher after the Institute of Supply ...

Word that the Federal Reserve is increasingly worried about the prospects of inflation sent stocks tumbling today, with the Dow narrowly avoiding a triple-digit loss and the Nasdaq giving up more than 2 percent. The concern, found in the recently released minutes of the Fed's December meeting, when ...

A strong report on manufacturing, lower oil prices, a stronger U.S. dollar and positive news from a key retailer were not enough to move stocks higher today as a sell-off described as profit-taking from the gains made late in 2004 drove shares lower. The Dow finished at 10,729.43, down 53.58, or 0.5...

Stocks lost ground today, with news about specific stocks denting the Dow and a lack of impetus for buying keeping other indexes from moving higher. The limited economic news available was mostly good, with the National Association of Realtors saying that sales of existing homes surged to record hig...

Consumer confidence surged in November to its highest levels since July as more people bet on better times ahead in 2005, a belief that stock market investors shared today as they continued the year-end rally. All major U.S. stock markets rallied after the Conference Board reported that its index of...

Stock markets slumped back from the holiday weekend today as refreshed concern over the weakness of the U.S. dollar and worries that the holiday shopping season won't pass muster outweighed a plunge in oil prices. The Dow lost 50.99, or 0.47 percent, to close at 10,776.13. The Nasdaq was lower by 6....

The long-anticipated year-end rally got under way in earnest on Wall Street today as stocks roared higher, pushing the Dow to its highest level in more than three years. The Dow closed at 10,759.43, up 97.83 points, or 0.92 percent on the session, its best closing price of the year and the highest s...

A closely watched gauge of economic growth rose in November for the first time in five months, but the news did little to excite stock investors, with the major averages finishing the session mixed. The Index of Leading Economic Indicators rose 0.2 percent last month, the private Conference Board re...

Stocks limped to the finish line today, closing out the week with a dismal session amid pressure from resurgent oil prices and word that another pharmaceutical company acknowledged potential problems with one of its main products. Trading was heavy on Wall Street on what market watchers call a quadr...

Cisco Systems said today that it will invest US$12 million to build a research and development center in Tokyo, Japan. The facility is slated to open in February 2005 and work there will focus on the development of Internet Protocol-based networking technologies, including routers and Cisco IOS(R) ...

Cisco Systems said today that it will invest US$12 million to build a research and development center in Tokyo, Japan. The facility is slated to open in February 2005 and work there will focus on the development of Internet Protocol-based networking technologies, including routers and Cisco IOS(R) ...

Cisco Systems said today that it will invest US$12 million to build a research and development center in Tokyo, Japan. The facility is slated to open in February 2005 and work there will focus on the development of Internet Protocol-based networking technologies, including routers and Cisco IOS(R) ...

Nearly US$40 billion worth of mergers failed to ignite a broad-based stock market rally today, with investors mulling the latest batch of economic news as well as the corporate hookups. Merger news should have dominated Wall Street on a day when Symantec agreed to buy Veritas in a deal worth $15 bil...

Stocks inched higher today as investors moved shares connected to the latest mega-merger, but gains were kept in check by rising oil prices and renewed concern over the U.S. dollar's strength. The Dow Jones Industrial Average gained 15 points, or 0.14 percent, to 10,691.45. The tech-laden Nasdaq gai...

Melodeo and Warner Music Group today announced they have signed an agreement to allow consumers to securely download entire tracks from WMG's music catalog directly to their mobile phones. Melodeo, a Seattle-based company, provides music to wireless subscribers through a mobile-music solution instal...