Wall St. looks to extend rally; consumers in focus (AP) - Comments Off
AP - Wall Street will look to build on the strongest weekly performance for stocks since 1932 on Monday, with investors focused on how recession-minded shoppers fared at the malls and a raft of government data that could give a clearer picture of the economy.
Stocks eye dour jobs, shopping data (Reuters) - Comments Off
Reuters - Wall Street may struggle this week to build on its best weekly performance in almost 30 years as investors grapple with a raft of economic data, including the November jobs report, that will likely provide more evidence of a deep economic downturn.
Stocks end short session with 5th straight gain (AP) - Comments Off
AP - Wall Street climbed again Friday, wrapping up its biggest five-day rally in more than 75 years, even as investors digested signs of a bleak holiday season for retailers and fears that a flurry of reports next week will show more economic distress.
Saudi index soars after king’s comments on economy (AP) - Comments Off
AP - The Saudi stock market has soared 9.51 percent after the king described the economy as stable in the face of the global market meltdown.
Stocks face dour jobs and retail data (Reuters) - Comments Off
Reuters - Wall Street may struggle to build on its best week in almost 30 years next week, as investors grapple with a raft of economic data, including the November jobs report, that will likely provide more evidence of a deep economic downturn.
TSX closes higher for 6th straight session (Reuters) - Comments Off
Reuters - The Toronto Stock Exchange’s main index rallied to its sixth straight gain on Friday as financials surged higher on hopes that U.S. stimulus efforts unveiled this week would help boost the economy.
Some cheer for Wall Street as holidays kick off (AFP) - Comments Off
AFP - Wall Street finally found something to cheer about as the holiday season kicks off, offering hope that the battered stock market has turned a corner.
Stocks end short session with 5th straight gain (AP) - Comments Off
AP - Wall Street climbed again Friday, wrapping up its biggest five-day rally in more than 75 years, even as investors digested signs of a bleak holiday season for retailers and fears that a flurry of reports next week will show more economic distress.
AFP - A disappointing week of Russian art sales here appears to have marked the end of a frenzied buying spree by collectors from the former Soviet Union, whose fortunes have diminished with the stock markets.
Icahn ups Yahoo stake to 5.4 percent (AFP) - Comments Off
AFP - Corporate raider Carl Icahn increased his stake in Yahoo following the decision of co-founder Jerry Yang to step down as head of the Internet firm, documents filed with the Securities and Exchange Commission (SEC) showed.







