Bullish Blog

ExxonMobil reports the biggest quarterly profit by any company, but Wall Street is unimpressed. Economic growth in the second quarter is less than expected. Boeing falls on strike worries. The Dow's small gain in July is a big improvement over June.

Reuters - The Toronto Stock Exchange's main index regained early losses to move slightly higher on Thursday morning, pulled up by stronger financials and merger news in the gold mining sector.

AFP - Europe's main stock markets slipped into the red on Thursday as investors tracked a flurry of company earnings reports, and set aside overnight gains on Wall Street, dealers said.

Reuters - Stocks fell on Thursday, led by Exxon Mobil after its earnings fell short of Wall Street's expectations and as disappointing economic data revived fears of a U.S. recession.

Reuters - Global stocks ticked higher on Thursday in the afterglow of a concerted central bank move to boost liquidity but a rebound in oil and disappointing results from some major companies capped gains.

A year into the debt debacle, radical change looms as the US government ponders drastic measures to revive the financial system. Will they work? Who knows?

AP - Wall Street sank Thursday, after weak readings on economic growth and the job market touched off renewed concerns about the financial health of businesses and consumers. The Dow Jones industrial average fell more than 200 points.

Energy stocks power the market higher as crude nears $127 on a surprising decline in gas supplies. Starbucks and Visa earnings cheer Wall Street. Disney's outlook is a concern. Indications are that Friday's jobs report will be bullish.

Investor's Business Daily - Investors turned tail on their stock funds in June as the market sold off, yanking $4.8 billion from their accounts, according to the Investment Company Institute.