Latest News in Stock Market and Investments – Sept 27, 2010
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Get used to more manic merger Mondays
It’s somewhat fitting that the sequel to “Wall Street” was the number one movie at the box office this past weekend. With all the deal making that’s going on in the past few months, it seems like it is the late 1980s all over again.
Stocks retreat from 4-month highs
U.S. stocks kicked off the week with losses Monday, backing off strong gains logged in the previous week, as investors digested a small flurry of corporate dealmaking.
Dow set for best September since 1939
The summer has come to an end, and so has the market slump that came with it. With little on tap to challenge the recent rally, stocks are on track to close September with the biggest monthly gains in over a year.
The bulls are back: Stocks surge 2%
U.S. stocks rallied right out of the gate and didn’t look back Friday afternoon as investors grabbed onto a slightly stronger report on durable goods orders, and as gold touched a record high above $1,300 an ounce.
Treasury yields bounce as stocks rally
Treasury yields recovered losses Friday, gaining momentum as stocks rallied and a better-than-expected manufacturing report eased economic jitters.
U.S. stocks were headed for a higher open Friday as a report on durable goods edged slightly ahead of forecasts, and gold reached a record high of $1,300 an ounce.
Stocks end with a late-stage slide
Stocks stumbled in the final hours of a lackluster session and ended near session lows, as nervous investors weighed a surprise jump in weekly jobless claims with a better-than-expected reading on the housing market.
Emerging markets can’t save the world
Forget fear of the unknown. You should really worry when all of Wall Street agrees on the merits of an investment idea. Case in point: emerging-market stocks.
Yields edge lower on jobless claims data
Treasury yields dipped Thursday, ending slightly lower after a worse-than-expected reading on jobless claims fueled worries about the economic recovery.
Stocks slumped Wednesday, with the Dow ending a 5-day winning streak, as gold prices hit new highs and investors remained on edge about the recovery.
Stocks end mixed after Fed rally cools
Stocks ended the session mixed after giving up gains posted during a short-lived afternoon rally sparked by the Federal Reserve’s signal that it will take any action necessary to support the recovery.
Gold closes just shy of $1,300
Gold prices continued their record run Wednesday, reaching a new high that was just shy of $1,300 an ounce.
A U.S. stock rally continued to pick up speed through Monday afternoon, with all three major indexes closing at four-month highs, after a key group of economists called an official end to the recession, which boosted investor enthusiasm.
Stocks: All eyes on housing this week
All summer, analysts said stocks would drift until taking direction in mid-September. But the ides of the month have passed, and the market is still flat.
Spirit Airlines files to go public
Spirit Airlines Inc. is going public.
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September 27 2010 09:58 am | Stock Market News

