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AP - The stock market resumed its rally after getting encouraging readings on two of the best gauges of the economy’s health: consumer spending and corporate profits. Traders pounced on news that retailers last month had their first sales gains in more than a year. That followed late Wednesday’s good news from Alcoa Inc. The company surprised investors with its first profit in nine months.

AP - A look at economic developments and activity in major stock markets around the world Thursday:

The leading stock exchange continued to make progress led by gains to mining shares and positive corporate news from the US.(AFP/File/Ben Stansall)AFP - The leading stock exchange continued to make progress on Thursday, led by gains to mining shares and positive corporate news from the US.


Reuters - The increasing use of dark pools, or venues where stock trades are hidden from public view, is a growing concern for regulators, the Chairman of the U.S. Securities and Exchange Commission said on Thursday.

Dallas Mavericks owner Mark Cuban, seen here in July 2009. The US Securities and Exchange Commission (SEC) has appealed the dismissal of an insider trading lawsuit filed against Cuban.(AFP/File/Garrett Ellwood)AFP - The US Securities and Exchange Commission (SEC) has appealed the dismissal of an insider trading lawsuit filed against billionaire Mark Cuban, owner of the Dallas Mavericks NBA team.


Trader Dudley Devine, foreground, works on the floor of the New York Stock Exchange Thursday, Oct. 8, 2009. (AP Photo/Richard Drew)AP - The stock market resumed its rally after getting encouraging readings on two of the best gauges of the economy’s health: consumer spending and corporate profits.


Traders of Meeschaert financial investment society watch financial markets on their computers in Paris. Europe's main stock markets have rallied, led by gains to mining shares, after an unexpectedly bright start to the latest US earnings season from US aluminium giant Alcoa.(AFP/File/Mehdi Fedouach)AFP - Europe’s main stock markets rallied on Thursday, led by gains to mining shares, after an unexpectedly bright start to the latest US earnings season from US aluminium giant Alcoa.


Traders work on the floor of the New York Stock Exchange September 24, 2009. REUTERS/Brendan McDermidReuters - U.S. stocks rose on Thursday as a surprising quarterly profit from Alcoa Inc got third-quarter earnings off to a strong start.


A pair of runners go past the world headquarters of Alcoa in Pittsburgh, Wednesday, Oct. 7, 2009. Alcoa is expected to release thrid quarter earnings after the market close Wednesday. (AP Photo/Keith Srakocic)AP - World stock markets rose further Thursday after a solid start to the U.S. third-quarter corporate earnings reporting season solidified hopes that the global recovery is on a sound footing.


Has Toyota lost its way? - Comments Off

Since surpassing GM last year to become the world’s best-selling automaker, Toyota has been plagued by setbacks, including its first loss since 1938.

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