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Wall St sags as Cisco, telecoms offset jobless data

U.S. stocks fell for the second day on Thursday as Cisco's cautious outlook for a recovery and falling telecom stocks offset optimism about the economy spurred by a steep drop in the number of workers filing new claims for jobless benefits.

New U.S. bull market has begun: Goldman Sachs' Cohen

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U.S. stocks have entered a new bull market, and the S&P 500 index could rise as much as 10 percent from current levels by the end of this year, Abby Joseph Cohen, the head of Goldman Sachs' investment policy committee, said on CNBC on Thursday.

New U.S. bull market has begun: Goldman Sachs' Cohen:

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U.S. stocks have entered a new bull market, and the S&P 500 index could rise as much as 10 percent from current levels by the end of this year, Abby Joseph Cohen, the head of Goldman Sachs' investment policy committee, said on CNBC on Thursday.
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Wall Street slips; telecom woes offset data

Stocks slipped on Thursday as drops in telecommunications and biotechnology stocks offset optimism about the economy spurred by a sharp fall in the number of workers filing new claims for jobless benefits.
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Earnings boost stocks; BoE to buy more bonds

The European Central Bank and Bank of England both kept interest rates unchanged on Thursday but the latter said it would pump more money into the UK economy by buying bonds, driving sterling lower.
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Futures edge up ahead of jobless data

U.S. stock index futures edged slightly higher on Thursday with investors eyeing a government report on weekly jobless claims and more corporate earnings, one day after Wall Street ended a four-day rally,
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Stock index futures signal gains; Cisco eyed

Stock index futures pointed to a higher opening on Wall Street on Thursday, with futures for the S&P 500 up 0.22 percent, Dow Jones futures up 0.26 percent and Nasdaq 100 futures up 0.08 percent at 4:45 a.m. EDT.
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Earnings boost stocks; central banks in focus

The European Central Bank and Bank of England appeared set on Thursday to keep interest rates unchanged, prompting equity investors to extend their five-month rally but keeping currency and bond markets edgy.
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Bulls lift Asia stocks near 11-month highs

Asian stocks edged up close to 11-month highs on Thursday on strength in resource-related shares, while the Australian dollar gained after a surprise rise in employment prompted increased bets on higher interest rates.
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Shanghai stocks dip, Australia dollar cuts gains

Stocks in Shanghai dropped 3 percent on Thursday, weighed by speculation China may take more steps to rein in liquidity, slashing the Australian dollar's gains, while copper slid from 10-month highs after disappointing U.S. services data.
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AIG breakup nets Wall Street $1 billion bonanza: report

Wall Street banks and lawyers could collect nearly $1 billion in fees from the Federal Reserve Bank of New York and American International Group Inc to help manage and break apart the insurer, The Wall Street Journal said on Wednesday, citing its own analysis.
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Wall Street hurt by data, but financials curb losses

U.S. stocks slipped on Wednesday after weak data on the services sector and private payrolls cooled recent optimism the recession was retreating, but the market finished off its lows as investors ventured into riskier financial shares.
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Wall St hurt by data, but financials curb losses

U.S. stocks slipped on Wednesday after weak data on the services sector and private payrolls cooled recent optimism the recession was retreating, but the market finished off its lows as investors ventured into riskier financial shares.
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Wall St hurt by data, but financials limit losses

U.S. stocks slipped on Wednesday after weak data on the services sector and private payrolls cooled recent optimism the recession was retreating, but the market finished off its lows as investors ventured into riskier financial shares.
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Futures slip further as ADP data fuels caution

U.S. stock index futures slipped further on Wednesday as investors turned cautious after data showed private-sector jobs losses were higher than expected in July, sparking concern about the strength of the economic recovery.
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Futures little changed as data eyed; P&G weighs

U.S. stock futures were little changed on Wednesday ahead of key reports on the labor market, factory orders and the vast services sector and after a disappointing outlook from Procter & Gamble Co.
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Futures point to lower start for Wall Street

Wall Street was expected to open lower on Wednesday, slipping back from a nine-month high, as investors awaited further pointers to a potential economic recovery, and more second-quarter earnings.
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Asian stocks flat as investors take a breather

Asian stocks steadied near 11-month highs on Wednesday, as investors paused for breath before more earnings reports, but rising dairy prices pushed the New Zealand dollar to a 10-month peak.
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Whole Foods profit tops Wall Street view

Whole Foods Market Inc on Tuesday posted third quarter earnings that beat Wall Street's expectations, as sales rose, and the seller of organic and gourmet food products raised its full-year earnings forecast.
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Wall St hits 9-month highs on upbeat data

Stocks edged higher on Tuesday, led by the financial sector as economic data pointed to a sustained if slow recovery from the recession, taking the Dow and the S&P 500 to nine-month highs.
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Dow rally for real? Big money thinks so: study

Pension managers and mutual fund houses have been among the biggest buyers of the Dow Jones industrial average in recent weeks, underscoring the growing belief the recession is over, according to an analysis conducted by Thomson Reuters.
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Wall Street edges up on home sales data

Stocks edged higher on Tuesday as better-than-expected data on home sales underpinned signs of an economic recovery, but the gains were capped as investors took profits in shares that propelled the recent rally.

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