FT.com - Strong interim results at Lloyds TSB and relief that GlaxoSmithKline was cleared to keep a key drug on sale in US markets helped London traders throw off the bears on Tuesday.
If you have big gains from the past few years, now's not a bad time to sell. But if you don't own any of these gems, it's not a bad time to buy, either.
AP - Wall Street resumed its downward skid Tuesday, falling sharply as renewed concerns about soured home loans blew away what had looked like a solid recovery rally. The Dow Jones industrials lost nearly 150 points, while investors seeking safety moved into bonds.
Investor's Business Daily - She has a trust fund, TV show, an album, a perfume and a line of handbags. If Paris Hilton could brand a stock index, it would be something like Claymore/Robb Report Global Luxury Index .
Investor's Business Daily - Investors pulled $3.03 billion from U.S. stock funds in June as the major market indexes bounced around new or multiyear highs.
FT.com - Next shares rallied on Monday following a difficult few months for the high street retailer.
The blue-chip index gains 93 points after last week's pounding. Financial, semiconductor and networking stocks provide market strength. Will News Corp. walk away from Dow Jones? A $3.2-billion bid for Wendy's looks likely.
Reuters - Stocks rebounded on Monday after a
global equity sell-off last week, as optimism about earnings
resurfaced and concern about credit conditions eased.
FT.com - Wall Street stocks were trading modestly firmer at midmorning on Monday, and while solid earnings from several companies had boosted sentiment, investors were scrutinising weakness in the credit market.
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