News Mixed, but Stocks Still Manage Strong Rally
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Stock markets ended the week with a surge on reports of a possible foreign investment in Merrill Lynch and an uptick in consumer spending.
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NEW YORK, Aug. 24 -- Stocks rallied Friday on good economic reports, easing investor nerves despite worries over the fragile credit market.
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Stocks ended mixed yesterday after yields on the 30-year Treasury bond briefly reached 5 percent and investors grew skittish a day ahead of the Federal Reserveâs first interest rate meeting of the year.
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NEW YORK - Stocks enjoyed a late-day rally Wednesday, finishing higher despite a new record price for oil and gloomy third-quarter outlooks from several companies. Volume was relatively light as investors awaited the government's jobs creation report at the end of the week...
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Stocks inched higher Tuesday as investors saw the bright side of mixed economic data and rumors about big merger deals, including a report that consumer products giant Johnson &amp; Johnson&#39;s is in talks to purchase a leading medical device maker.
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Wall Street's merger-fueled rally may continue this week, so long as Friday's payrolls report and other economic news don't spoil the party.
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NEW YORK - Stocks were mixed in light trading Tuesday as investors, still stunned by oil's recent record highs, largely stayed out of the market. Tech stocks suffered following a brokerage downgrade of Cisco Systems Inc...
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U.S. stocks were little changed on   Friday after a four-day rally, with the Dow near a record high   and Wall Street heading for its best third quarter in nine   years.
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So far, Wall Street&#39;s hoped-for fourth-quarter rally has met investors&#39; expectations. But there&#39;s been enough bad news lately to make you wonder if the buying will sputter.
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Stocks closed mixed on Wall Street amid concern over the strength of the pharmaceutical sector after the Pfizerâs announcement on Friday.
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NEW YORK - Stocks were mixed in early trading Wednesday as investors digested a jump in the second-quarter gross domestic product and kept a close eye on oil prices that still hovered near $50 per barrel.    Investors saw the Commerce Department report, which said the nation's GDP grew 3.3 percent from April to June, as a mix of good and bad news...
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Stocks ended mixed on Friday as investors worried about mounting concerns about the outlook for subprime mortgage lenders, but a government report showing continued strength in job growth lent some support.
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Early indications of holiday sales last week showed strength, but investors seemed confused about whether to continue shopping on Wall Street.
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Stocks edged up for the week, continuing a month-long rally in the face of mediocre economic news and more-positive developments from technology firms and energy markets.
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Stocks were trading mixed today following a lower reading on manufacturing activity and a spike in oil prices
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Better-than-expected economic news has sent stocks bouncing off of yesterday&#39;s losses. The Dow Jones Industrial Average is up 19 points in today&#39;s early going.
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Stocks rallied in quiet trading Wednesday as lower oil prices brought out buyers, countering a pair of government reports that gave a mixed picture of the economy.