Latest News in Stock Market and Investments – Feb 08, 2011
Please note it is your responsibility to evaluate the accuracy, completeness and usefulness of any information, opinion or advice contained in the content below.U.S. stock futures were mixed early Tuesday, amid a lack of U.S. economic data and an interest rate hike from the central bank of China.
Investors started the week in high spirits Monday, welcoming several major mergers as signs that Big Business is more bullish about the economy.
Stocks could struggle for direction in the week ahead, with relatively little economic data on the agenda and few top-tier companies scheduled to release quarterly reports.
Wall Street books gains for the week
Stocks rose near the end of choppy session Friday, ending the week with gains of more than 2%, as investors looked past a muddy report on the U.S. job market.
Hackers penetrated Nasdaq’s network
Hackers have repeatedly made their way into the computer network that runs the Nasdaq Stock Market during the past year, the Wall Street Journal reported on Saturday.
Stocks end higher ahead of jobs report
U.S. stocks ended higher Thursday as investors digested comments about the economy from Federal Reserve chairman Ben Bernanke, who said a weak job market continues to weigh on the recovery.
Stocks drift as Dow holds 12,000
Stocks ended little changed Wednesday as uncertainty about Egypt hung over the market two days before the government’s all-important payrolls report.
Dow, S&P 500 close at highest levels in 2 years
U.S. stocks started February with a bang Tuesday, with the Dow and S&P 500 closing above key psychological levels for the first time in more than two years, and the Nasdaq gaining almost 2%.
Europe debt woes take a vacation
Are the PIIGS no longer a problem? Or are people just paying so much attention to Egypt that we’re all forgetting (or ignoring) the financial mess in Europe?
Government bond prices fell Tuesday as stocks rallied on strong corporate earnings and a positive manufacturing report.
Stocks post gains despite Egypt unrest
U.S. stocks posted solid gains Monday as investors focused on the positive earnings news out of Exxon Mobil and rising commodity prices, while continuing to monitor the ongoing political unrest in Egypt.
Stocks: All eyes on Egypt, jobs
Stocks have been on a run since late August, and investment experts have been warning that the market is due for a short-term correction. With political unrest in the Arab world and the January jobs report taking center stage this week, the catalyst for a downward move may finally be here.
Crude prices spike on Egypt worries
Crude oil prices spiked Friday as anti-government protests in Egypt sparked concerns over regional stability.
Stocks plunge amid Egypt unrest
U.S. stocks plunged Friday, with the three major index logging the worst daily drops in months, as investors grew nervous about political unrest in Egypt.
Much has been made of the fact that the Dow Jones industrial average surpassed 12,000 Wednesday for the first time in about two-and-a-half years. Too much.
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February 08 2011 04:15 am | Stock Market News

