The Dow Jones Industrial Average scores its seventh straight daily gain, as U.S. stocks seemed to shrug off another interest rate hike by the central bank of China.
World stocks and oil prices ebbed from recent highs on Tuesday after China raised interest rates for the second time in just over a month, spurring worries of the hike's impact on global economic demand.
U.S. stocks opened modestly lower on Tuesday after China raised interest rates for the third time since last October in response to accelerating consumer and asset inflation.
Stocks advanced as a series of merger deals excited investors, pushing the blue-chip indices to two-and-a-half-year highs in the absence of significant economic news.
U.S. stocks advanced in early trade on Monday with the S&P 500 Index gaining 4.88 points, or 0.37 percent, to trade at 1,315.75 at 9:50 a.m. EDT. The Dow Jones Industrial Average advanced 36.63 points, or 0.30 percent, to trade at 12,128.78. The Nasdaq Composite Index gained 0.31 percent.
U.S. stocks, led by insurer Aetna, finished the day strong amid a conflicting U.S. jobs report from the Dept. of Labor.
Dow and S&P 500 are down slightly today, as investors struggled to interperet the January jobs report from the U.S. Dept. of Labor
U.S. stocks wavered in early trade on Friday after a government report showed that U.S. added fewer jobs than forecast for January, while the unemployment rate unexpectedly declined to its lowest level since April 2009
U.S. stocks, after selling-off in the early session, bounced back to finish moderately higher on some positive economic news, despite continued political unrest in Egypt.
The political chaos in Egypt and floods around the world have sent cotton prices skyrocketing.
Retail clothing stores such as Ann Taylor are leading the way so far on strong retail report by the Institute for Supply Management
U.S. stocks declined in early trade on Thursday as political crisis in Egypt overshadowed better-than-expected economic reports on weekly jobless claims, non-farm productivity and monthly factory orders.
U.S. stocks fell modestly in early trade on Thursday despite better-than-expected weekly jobless claims data as mixed earnings and political crisis in Egypt weighed on the sentiment.
Stocks finished narrowly mixed in uneasy trading as the political crisis in Egypt seems to be worsening as fighting between forces supporting President Hosni Mubarak and those who oppose him intensify.
Futures on major U.S. indices point to a mixed opening on Wednesday, after Dow and S&P finished at two year highs in the previous session.
The Dow Jones Industrial Average and S&P 500 finished above 12,000 and 1,300 points, resepctively, for the first time since mid-2008.
U.S. stocks, led by Pfizer and Bank of America, surge.
US stocks extend gains in early trade on Tuesday after a report showed that manufacturing activity rose at a faster pace than expected in January.
Samsung Electronics said on Tuesday it would fully refund customers who had purchased its personal computers with flawed chipset from Intel Corp.
Exxon, IBM, Alcoa lead strong day for U.S. stocks
U.S> stocks, led by AMD and Exxon Mobil, are up slightly today
U.S. stocks rose on Monday on strong earnings and merger activity, overshadowing concerns about the possible spread of unrest in Egypt which had caused a sharp selloff in world stocks on Friday.