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Tag Archives: stock market

Stocks slide after jobs, inflation reports

NEW YORK – Stocks dipped Thursday after concerns about another disappointing report on jobs. But losses were held in check by expectations the Federal Reserve will act soon to strengthen the economy. The Dow Jones industrial average fell 32 points in midday trading. In recent months, a disappointing jobs report would have likely led to a bigger sell-off in stocks. ...

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Stock futures edge higher before jobs data

NEW YORK – Stock futures edged higher as investors avoided big moves before key reports on unemployment and inflation. Currency and gold trading was again a dominant driver of global financial markets Thursday. Traders sent the dollar lower because of expectations the Federal Reserve will start buying government bonds to try to stimulate the sluggish economy. Buying bonds would drive ...

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Oil rises near $83 as investors look to Fed moves

Oil prices rose to near $83 a barrel Monday due to the weakening of the dollar and expectations that the U.S. central bank will soon move to bolster a spluttering economic recovery. By early afternoon in Europe, benchmark crude for November delivery was up 13 cents to $82.79 a barrel in electronic trading on the New York Mercantile Exchange. The ...

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Stocks mixed, Treasury yields drop after jobs data

NEW YORK (AP) – Stocks are trading in a tight range after a disappointing report on the jobs market is renewing concern about the health of the economy. But traders also see the report as adding to the likelihood the Federal Reserve will take action to further stimulate the economy. Such a move by the Fed could eventually make stocks ...

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Stock futures rise on recovery optimism

NEW YORK — Stock futures rose today as investors grow hopeful that the U.S. recovery remains on track. The market will try to build on a late-day rally that sent the Dow Jones industrial average up 225 points yesterday. It was the second straight day investors made big moves in the waning moments of trading. On Tuesday there was a ...

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Callon again listed on NYSE

NATCHEZ — Callon Petroleum Company has received notice from the New York Stock Exchange (NYSE) that the company has regained full compliance with the Exchange’s continued listing standards. On March 20, 2009, Callon announced that it had received notice from the NYSE that due to the decline in its stock price and market capitalization, the company was “below criteria” for ...

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State bank stocks not hit as hard by late week market losses

Hancock, Bancorpsouth, Trustmark hold solid against the tide U.S. stocks are expected to turn sharply lower for the second straight day Friday, as investors remain jittery about President Obama’s new bank plan, which seeks to prohibit banks from owning hedge and private equity funds. Shares endured a second day of heavy losses, pushing them back to December levels after the ...

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Be realistic with the stock market in 2010

  Though not a soothsayer, state economist Phil Pepper believes predicting the economic forecast for 2010 is rather simple.   Be realistic, he says. “I think we will see the economy improve gradually in 2010,” he said.  “But the growth will be slower than what people want or expect. I’d say I’m not optimistic or pessimistic, but on the side ...

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