Latest News in Stock Market and Investments – July 19, 2010
Please note it is your responsibility to evaluate the accuracy, completeness and usefulness of any information, opinion or advice contained in the content below.Stocks pared earlier gains Monday morning as investors braced for a week full of second-quarter results from corporate America.
Warning! Avalanche of earnings ahead
The quarterly reporting period kicks into full swing this week, with 122 of the largest companies due to report, giving investors more clarity on how corporate America – and the consumer — are faring amid the economic slowdown.
Poof! Week’s stock gains erased
Stocks slumped Friday after financial firms Bank of America and Citigroup reported weaker quarterly revenue and a plunge in consumer sentiment revived concerns about the economic outlook.
Prices for U.S. Treasurys rose Friday as investors responded to mixed corporate results and a report that said inflation remains subdued.
BP tossed from the bargain bin
After rebounding sharply from a 14-year low in June, BP’s stock can no longer be considered a bargain.
Treasurys gain on weak economic reports
Prices for U.S. Treasurys rose Thursday as investors flocked to the safety of government debt amid renewed concerns about the economy.
Stocks end little changed Thursday, erasing bigger losses after weaker than expected reports on the economy revived worries about growth.
Put some duct tape on Apple stock
Apple finds itself in an unusual position: It’s not popular with customers or investors right now.
Stocks ended little changed Wednesday as meeting minutes from the Federal Reserve raised concerns about the economy after Intel’s earnings strength renewed optimism about corporate results.
Dollar slips to 2-month low vs. euro
The dollar continues to slide this week as disappointing economic data cause investors to worry that the U.S. recovery is losing momentum.
Oil prices hit highest level in 2 weeks, near $80
Oil prices continue to swing in the mid- to upper-$70s this week as investors digest the first wave of quarterly corporate results, and mixed economic and supply data.
Stocks rally on Alcoa profit, Greek auction
Stocks surged Tuesday as investors welcomed Alcoa’s better-than-expected profit report and a well-received auction of Greek debt that lifted global markets and strengthened the euro.
Dumping the dollar: Why it’s time to diversify
Imagine a world without the almighty greenback as the main reserve currency.
Treasurys slip ahead of auction
Treasury prices fell Tuesday, as the government offered $21 billion in 10-year notes and better-than-expected corporate results renewed investor confidence in riskier assets.
Toyota shares rise after sudden acceleration report
Shares of Toyota Motor jumped more than 1% after a report suggested that some of the company’s recall woes may have been due to driver error.
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July 19 2010 07:29 am | Stock Market News

