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MARKET REPORT

Blue Chips Soar on Insurance Probe News

Blue Chip stocks roared to sizeable gains today, as investors set aside the worst reading on consumer confidence since the spring to focus on better prospects for the insurance sector ...

Xandros Rolls Out xDMS Server for Linux Machines

Xandros today announced the release of xDMS (Xandros Desktop Management Server) for remote management of Linux desktops for the enterprise ...

Stocks Down Slightly as Investors Weigh Earnings, Oil

An ease in oil prices gave U.S. stock markets some midday momentum, but earnings worries weighed late in the session, and stocks closed lower as a result ...

Stocks Hammered by Oil Worries, Uncertainty

Stocks were routed on Wall Street today to close out the week, with all major averages losing ground and the Dow Jones Industrial Average hitting its lowest levels for the calendar year during the session ...

Techs Outshine Blue Chips Again in Mixed Trading

Technology shares rose again today but the Dow was dragged down by lackluster earnings news ...

NEWS BRIEF

Qwest Confirms $250 Million Settlement with SEC

Qwest Communications announced today that it has agreed to a $US250 million settlement with the U.S. Securities and Exchange Commission ...

Stocks Mixed on Oil Price Surge, Chip Strength

Stocks ended trading today with mixed results as a surge by the microchip sector boosted tech shares and the Dow slumped on persistently high oil prices and some slack earnings news ...

FINANCIAL NEWS

Stocks Down on Inflation Data, Insurance Investigation

Stock markets drifted lower today after a government report showed the first signs of inflation in some time were visible in the U.S. economy last month ...

Stocks Up for Day But Close Down for the Week

Stocks posted measured gains today to close out the week on Wall Street, after a strong retail sales report and reassuring comments from Federal Reserve Chairman Alan Greenspan about the impact of oil prices on the U.S. economy ...

FINANCIAL NEWS

Dow Loses 107 Points on Bad Economic News, Oil Prices

Markets tumbled today after two reports bore bad news for the U.S. economy and oil prices again soared to record highs ...

Investors Shun Tech Optimism in Face of Oil Spike

Worries over the latest spike in oil prices and weakness in some key stocks overcame any optimism fueled by strong earnings from companies as varied as Intel and McDonalds today as stocks traded lower across the board ...

Stocks Tumble, Then Recover as Oil Prices Seesaw

U.S. stocks were hit hard out of the gate today by a spike in oil prices, but recovered late in the session after oil prices dipped ...

Stocks Edge Up Even as Oil Hits Another High

U.S. stocks posted modest gains in light trading today as shares edged higher across the board despite another surge in crude oil prices ...

Markets Fall as Jobs Data Disappoints Investors

Stock markets slumped heading into the weekend, after a weaker-than-expected jobs report disappointed many investors ...

Stocks Dragged Down by High Oil Prices, Low Earnings

More record-high oil prices, weak earnings reports and concerns in the pharmaceutical industry weighed heavily on stocks today, pushing the Dow Jones Industrial Average down by 114.52 points to 10,125.40 ...

Late-Day Rally Pushes Stocks Higher, Dow Up 62

Investors waited until late in the day and then moved into buying mode today, with stocks moving higher across the board despite another record-high price for oil ...

FINANCIAL NEWS

Stocks Up To Start First Week of Fourth Quarter

U.S. stock markets began the first full week of the fourth quarter with across-the-board gains, with tech stocks again slightly outperforming blue chips on Wall Street ...

FINANCIAL NEWS

Dow Dips on Merck Drug Recall

Blue Chip stocks took it on the chin today after drug maker Merck plunged on news that one of its key products was being pulled from the shelves, but tech shares managed to duck and weave their way to a modest gain ...

GDP, Oil, Merger News Fire Up Markets

The stock markets got a boost today from a dip in oil prices, a better-than-expected reading on overall economic growth and a blockbuster acquisition in the Internet space that helped tech stocks outperform the overall market ...

MARKET REPORT

Markets Rise on Earnings Outlook Despite Oil Prices

A rare bullish outlook from a major Dow company helped investors look past still-rising oil prices and become buyers in a late-day rally that sent stocks higher across the board ...

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