Bullish Blog

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Reuters - Wall Street hopes to turn a new page as it heads into November, but next week is littered with hurdles ranging from the U.S. presidential election to a likely gloomy jobs report.

US markets appear headed toward a strong open after the Dow and S&P 500 end a rotten October with their best weeks since 1974. JPMorgan Chase may adjust terms on $110 billion in mortgages. Google and Yahoo may call their ad alliance off.

AFP - Wall Street shares rallied Friday, extending the gains from a strong week, as investors focused on lower interest rates and improving credit conditions, shaking off weak economic news.

AP - Share prices on the London Stock Exchange closed higher on Friday.

Reuters - While the market for initial public offerings has shut down in all industries, with no deals in the United States in nearly three months, biotechnology companies desperate for capital will likely be waiting in line far longer than others when it does re-open.

AFP - Wall Street shares bounced higher Friday, prompting solid gains in Europe at the end of a month of wild volatility and huge losses amid fears a deep recession lies ahead.

AP - Hong Kong stocks fell Friday as investors took some money off the table after three days of spectacular gains.

AP - NYSE Euronext, the trans-Atlantic stock exchange operator, said Friday its third-quarter profit fell by 33 percent due to merger costs, severance payments and a decline in European derivatives trading.

Reuters - U.S. stocks ended one of their worst months on record, but signs of further thawing in credit markets lifted battered shares on Friday.