US economic data help world markets rally (AP) - Comments Off
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AP - Better-than-expected U.S. economic indicators helped European stocks trim losses and pushed Wall Street higher, easing tensions among investors worried about a downturn in the global manufacturing sector.
Insider trading ringleader ‘Octopussy’ apologizes (AP) - Comments Off
AP - A stock trader nicknamed the Octopussy because he had his hands on so much inside information has told a New York judge before his sentencing that he’s a changed man.
How the major stock indexes fared Wednesday (AP) - Comments Off
AP - It was a quiet end to a wild month for financial markets.
Summary Box: Stocks rise as factor orders surge (AP) - Comments Off
AP - QUIET END: Stocks edged higher Wednesday on a report that factory orders surged in July. The Dow Jones industrial average turned higher for the year. The Dow’s four-day winning streak ended a tumultuous August that had the most 400-point swings in the history of the index.
Canadian suit expands Sino-Forest allegations (Reuters) - Comments Off
Reuters - Sino-Forest is facing accusations in a proposed class-action suit that go beyond fraud allegations that have triggered investigations, its CEO’s resignation and its removal from Toronto’s main stock index.
A look at economic developments around the globe (AP) - Comments Off
AP - A look at economic developments and activity in major stock markets around the world Wednesday:
Reuters - One out of every 10 companies in the S&P 500 index — including stalwarts like Apple and JPMorgan Chase — is now cheaper than during the 2008-2009 market meltdown.
Dow up for a fourth day, turns positive for 2011 (AP) - Comments Off
Reuters - Stocks closed out the worst month in more than a year on an up note on Wednesday, with sharp gains in the last several days still not enough to repair the damage from a U.S. credit downgrade and fears of a slide back into recession.
World stocks up, but set for steep monthly fall (Reuters) - Comments Off
Reuters - World stocks rose for the fourth session in a row on Wednesday on hopes the U.S. Federal Reserve will ride to the economy’s rescue with another stimulus package, though global shares were still set to post their biggest monthly drop in 15 months.








