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US stocks: Wall Street set to open lower on banks, tech
New York: US stocks futures pointed to a lower open on Monday, as bank shares fell after an analyst initiated coverage on several large banks with an "underperform" or "sell" rating, sapping recent investor optimism on the financial sector. Banks erased early gains after veteran banking analyst Mike Mayo of CLSA started coverage on several large banks, citing increased problem loans and the government's
New York: US stocks futures pointed to a lower open on Monday, as bank shares fell after an analyst initiated coverage on several large banks with an "underperform" or "sell" rating, sapping recent investor optimism on the financial sector. Banks erased early gains after veteran banking analyst Mike Mayo of CLSA started coverage on several large banks, citing increased problem loans and the government's
Wall St week ahead: Optimism may extend rally
US stocks should rally further next week, if investors get more signs that the economic slump is abating and earnings season does not get off to a rocky start.
US stocks should rally further next week, if investors get more signs that the economic slump is abating and earnings season does not get off to a rocky start.
US stocks: Strong RIM results lift tech shares
Strong results from Research in Motion lifted technology shares on Friday, helping nudge US stocks into positive territory despite grim employment and service sector data.
Strong results from Research in Motion lifted technology shares on Friday, helping nudge US stocks into positive territory despite grim employment and service sector data.
Wall St dips as data weighs
US stocks declined further and the Dow industrials briefly fell more than 1 per cent on Friday as investors took profits following data that showed further deterioration in the labour market and a tig
US stocks declined further and the Dow industrials briefly fell more than 1 per cent on Friday as investors took profits following data that showed further deterioration in the labour market and a tig
US stocks: Wall Street climbs on economy, bank rule
US stocks rallied for a third day on Thursday as more data pointed to a stabilizing economy and changes to an accounting rule were seen as shoring up the volatile financial sector in the short term.
US stocks rallied for a third day on Thursday as more data pointed to a stabilizing economy and changes to an accounting rule were seen as shoring up the volatile financial sector in the short term.
Wall St rises on G20 optimism
US stocks rose at the open on Thursday on optimism G20 leaders meeting in London will agree on ways to temper the global economic crisis.
US stocks rose at the open on Thursday on optimism G20 leaders meeting in London will agree on ways to temper the global economic crisis.
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