Lockup eased on insider shares
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SAN FRANCISCO -- Google Inc.'s employees and other insiders will be free to sell an additional 4.67 million shares of the company's stock today, providing another test of the online search engine's popularity with investors.
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Wall Street stocks are set for a muted   start to Wednesday trade as investors consolidate positions   after the push to four-month highs, with crude oil trading at   $64 a barrel helping ease inflation concerns.
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Leading shares closed lower Tuesday and off session highs as Wall Street was softer with InterContinental Hotels Group down on fading bid rumours, dealers said.
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Leading shares closed near day's lows in mid-afternoon trade Friday after much weaker than expected US non-farm payroll data dragged the Dow nearly 200 points lower in morning deals.
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Everything Wall Street has been worried about in the last week seemed to weigh less heavily on investors Wednesday, and stocks began to recover.
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The company talks down a recent inexplicable stock run-up.
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U.S. shares were set to open little  changed on Friday, awaiting closely watched jobs data before  the market opens and taking a breather after a powerful rally  the previous session.
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THE bulls and the bears are on holiday, leaving the Republican Elephants free to roam in Wall Street&#39;s backyard. Although the three most watched market indices closed higher on Friday, only 848 million shares changed hands on the New York Stock Exchange.
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Stocks looked set to open little changed on Monday, with Pfizer Inc.  shares tumbling after news that it had halted development of one of its key experimental drugs, while merger deals lifted views on the economy's health.
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Stocks ebbed on Friday, led by financial shares, after a bailout of a British mortgage company revived concerns about tight credit conditions and the impact of the U.S. housing market slump.
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Leading shares closed weaker, albeit off session lows, as Wall Street remained weak amid continued investor concerns over fresh highs in crude oil prices, with construction materials firm RMC shining out from the gloom after agreeing to a 2 billion pound takeover, dealers said.
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Employees and some investors in Google will be able to sell shares in the company as the latest "lockup" phase on sales ends.
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US shares retreated on Monday when investors sought to lock in recent profits amid fears that a weak jobs market would lead to mounting losses in the consumer credit sector.
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London shares closed firmer off highs Friday as Wall Street was recovering from lows, with the mining sector the major gainers following news two companies had acquired a stake in Rio Tinto.
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Leading London shares ended under pressure, close to session lows, as caution ahead of a US rate decision added to weakness in heavyweight insurers.
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European equity markets were heading for a subdued open on Monday as Wall Street was to remain closed for a public holiday. US industrial production data in the previous session should underpin the market however.
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UK blue chips closed firmer but off highs as Wall Street remained flat ahead of tonight&#39;s FOMC rate decision, with commodity stocks the major gainers in the blue chips.