GLOBAL MARKETS

U.S. stocks climb as Apple, RIM spur rally

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Stocks rose on Tuesday, spurred by technology companies as Apple’s strong quarterly profit report and news of Blackberry-maker Research In Motion’s deal for distribution in China added to and better than expected results from American Express.

Apple, RIM spark stock rally

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The Nasdaq led the market's gains on Tuesday after strong profit at Apple Inc and a Chinese distribution deal for BlackBerry maker Research in Motion showed tech stocks may still have room to grow. The Nasdaq's gain topped 1 percent after RIM said it is teaming up with Alcatel-Lucent to distribute the BlackBerry in China
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Market gains on strong profits

Stocks rose on Tuesday as strong earnings by Apple Inc. and American Express Co eased concern about consumer spending and profits.
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U.S. indexes mixed; Tech shares rise

Stocks were mixed in late trading on Monday with broader indexes posting small declines while the technology stocks rose higher ahead of Apple’s quarterly earnings announcement.
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Dollar rallies from session lows

The dollar rebounded from a fresh low on Monday as traders pared back bets against the currency after the weekend's Group of Seven meeting yielded no call to action on the falling greenback.
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Dow and S&P fall with oil shares

The Dow and S&P 500 declined on Monday as energy company shares fell on lower oil prices and investors worried about the economy, but Nasdaq rose, lifted by Apple Inc. Oil dropped 2 percent amid economic concerns, sending Exxon Mobil Corp down 2.1 percent at $90.15. The stock weighed on the Dow and S&P 500.
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Futures fall on earnings jitters

Stock futures declined on Monday, suggesting a lower opening for Wall Street, hit by weakness in global markets and concern that credit problems may be having a wider impact on earnings.
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Greenback hits new lows

The dollar hit a record low against the euro on Monday as traders seized on Group of Seven finance officials' apparent indifference toward dollar weakness as a cue to dump the ailing greenback.
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Economic, credit worries rattle investors

Worries about the world-leading U.S. economy and fears over bank credit rippled across financial markets on Monday, sending stocks sharply lower and dragging the dollar to a record low against the euro.
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Wall Street sinks on Black Monday's anniversary

Caterpillar Inc.'s warning that the housing slump was infecting the wider economy sent U.S. stocks tumbling by the most in more than two months on Friday, spooking investors on the 20th anniversary of the 1987 market crash.
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Dollar sets fresh lows

The dollar slid to a fresh record low against the euro and a basket of currencies on Friday, pressured by the growing view that a slowdown in the U.S. economy will force another cut in interest rates this month.
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Stocks down on Bank of America

Stocks fell on Thursday, hit by losses in financial companies after Bank of America Corp reported a sharp drop in earnings, stoking concern the credit crunch was dragging on profits and the economy.
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Dollar drops to record low

The dollar dropped to a record low against a basket of currencies and the euro on Thursday after Bank of America's third-quarter earnings results missed estimates and renewed concerns of a U.S. economic slowdown.
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Wall Street drops as financials weigh

Stocks fell on Thursday as shares of financial services companies slid on concerns about the lingering effects of the credit crunch following Bank of America Corp's disappointing quarterly results. The No. 2 U.S. bank said profit plummeted 32 percent, dragging down shares of other big banks and renewing worries about the financial sector's outlook.
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Dollar slides as yen sold on stocks recovery

The dollar hit a two-week low against the yen on Thursday in the wake of data showing U.S. housing starts sank to a 14-year low last month, cranking up speculation that the Federal Reserve may cut interest rates.
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Stocks move up on solid earnings reports

Technology stocks rose on Wednesday as investors took heart from solid corporate earnings and shrugged off fresh evidence of a dismal housing sector, which renewed speculation the Fed will cut interest rates.
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Intel results boost chip shares; IBM falls

Intel Corp shares rose 4.3 percent on Wednesday as its better-than-expected quarterly report helped boost other microchip shares, even as fellow technology heavyweight International Business Machines Corp posted lower hardware sales.
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Futures climb on strong profits

Stock futures rose on Wednesday as a rush of stronger-than-expected profits from such blue chips as Intel, United Technologies and JPMorgan Chase reassured investors about the earnings outlook.
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Yen retreats as risk appetite edges back up

The yen retreated from early gains on Wednesday and higher yielding currencies recovered as rising stocks signaled a slight return to risk appetite, prompting investors to move back into the carry trade.
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Stocks fall on high oil prices

Stocks fell on Tuesday as high oil prices raised concern about the impact of oil prices on the economy's outlook and disappointing bank earnings fueled caution about profit growth.
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Falling equities spark a rally in the yen

The yen rallied from the previous day's two-month lows versus the euro and dollar on Tuesday, while the New Zealand dollar fell sharply as a sell-off in European equities underlined a diminished appetite for risk.
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Corporate earnings worry global markets

Poor corporate earnings and renewed worries about credit rattled investors on Tuesday, while record high oil prices threatened to add pressure to world growth.
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Dollar retreats as US stock market falls

The dollar eased against the yen and euro on Monday, weighed down by weakness in the U.S. stock market after comments by a top Citigroup official raised anew concerns about global credit.
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Economy and bank-fund proposal reassures investors

World stocks hovered slightly off their record highs on Monday and the dollar firmed as investors gained confidence in the health of the U.S. economy and paid little heed to oil prices near $84 a barrel.
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Dollar firm on U.S. optimism

Asian stocks pared early gains on Monday, pausing after their recent rally, while the dollar held firm as strong U.S. retail sales data prompted investors to trim bets of further U.S. interest rate cut.
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Stocks rally on Oracle bid, solid retail spending

Stocks rose on Friday, led by technology shares after a surprise takeover proposal in the software sector, data pointing to strength in consumer spending and a brighter outlook from McDonald's Corp.
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U.S. futures drop on data caution

Stock futures fell on Friday, weighed down by caution before key economic reports and news that Deutsche Bank had slashed its rating on shares of Dow component Citigroup Inc.
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U.S. stocks decline, led by losses in technology shares

U.S. stocks fell on Thursday, led by a retreat in the technology heavy Nasdaq index after a report on Chinese search engine Baidu.com (NASDAQ: BIDU) predicted lower revenue for the firm, triggering a broader sell off in the Tech sector.

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