Winners & Losers: Alcoa, Barrick Gold
TheStreet.com - 1 hour 24 minutes agoCommodities and consumer stocks led the gains in the broader indices today.
386 Stories, most recent news story added Thu Dec 10, 4:53 am ET
Commodities and consumer stocks led the gains in the broader indices today.
U.S. stocks reverse earlier losses as oil-inventory data lift crude prices and boost energy and materials stocks.
SINGAPORE (Dow Jones)--Asian share markets ended mixed Thursday after a volatile session, with Japanese shares falling for a third successive day on a strong yen, while an advance on Wall Street helped South Korean stocks clinch gains.
LONDON (Dow Jones)--European stocks were higher Thursday, reversing early losses and setting aside concerns about sovereign credit ratings that had earlier sent Asian equities into the red.
Dec. 9 (Bloomberg) -- The dollar pared its drop against several of its major counterparts as Standard & Poor’s cut Spain’s credit rating outlook, discouraging demand for higher- yielding assets such as stocks.
Dec. 9 (Bloomberg) -- U.S. stocks fell for a third day after Standard & Poor’s cut the credit outlook for Spain to “negative,” spurring speculation that defaults will spread through the global economy.
Brazilian Carriers Fly Against a Wider Decline
Dec. 9 (Bloomberg) -- Pfizer Inc ., which became the biggest drugmaker selling widely prescribed pills such as the Lipitor heart medicine, is preparing to enter the business of making cheaper copies of pricey, injectable drugs from biotechnology.
U.S. stocks open slightly lower Wednesday, extending Tuesday's declines despite weakness in the dollar.
Airline stocks are mostly in the red, while Southwest and Delta differ on whether the business travel market is improving.
U.S. Stocks Falter As Treasury Extends TARP
JP Morgan said it sees additional losses on home loans and credit card delinquencies next year. Also, banking analyst Meredith Whitney cautioned consumers are "getting kicked out of the financial system" by tight credit markets.
Dec. 9 (Bloomberg) -- U.S. stock-index futures erased their advance after Standard & Poor’s cut the credit-rating outlook for Spain, citing the likelihood of a “prolonged” deterioration in the nation’s finances.
LONDON (Dow Jones)--European stocks are expected to start Thursday little changed as the markets struggle to find any meaningful consensus on direction.
NEW YORK | Investors dumped stocks and sought safe-haven assets like the dollar and Treasurys on signs that the global economy is still struggling. The Dow Jones Industrial Average lost 104 points Tuesday but recovered some of its earlier losses. A disappointing earnings forecast from Dow Jones industrials component 3M Co. and a weak sales report from McDonald's Corp., another Dow company ...
Indexes advanced Wednesday as analyst upgrades of 3M and Sprint and a rise in commodity issues offset global credit concerns