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Economy

Stocks eye health reform, housing, Greece

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NEW YORK (Reuters) - Washington's bid to put finishing touches on healthcare reform this weekend should help lift uncertainty on Wall Street, but there may be some turbulence along the way next week as the recent rally appears to be fraying.

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Dow snaps eight-session streak as commodities weigh

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NEW YORK (Reuters) - The Dow industrials snapped an eight-session winning streak on Friday, as renewed worries about Greece sparked a climb in the dollar and weighed on U.S. stocks.

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Oil price drops 1.9 percent as dollar firms

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NEW YORK (Reuters) - Oil prices fell by 1.9 percent on Friday, taking their biggest one-day dip in three weeks, as the U.S. dollar firmed against foreign currencies, slashing investment flows into oil and other commodities.

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Gold tumbles after India rate hike, ends week flat

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NEW YORK (Reuters) - Gold fell toward $1,100 an ounce on Friday, losing nearly 2 percent after an interest rate hike in top gold consumer India, and investors cashed in gains from earlier this week ahead of the weekend.

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Europe stocks end lower as miners take late tumble

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PARIS (Reuters) - European stocks fell on Friday following a late session sell-off in resource-related sectors, hit by falling commodities after the dollar gained ground on a sagging euro.

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FTSE sets 21-month closing high, Lloyds boosts banks

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LONDON (Reuters) - Britain's top share index edged to its highest close in 21 months on Friday, spurred by strength in banking stocks after Lloyds Banking Group said it would return to profitability in 2010.

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Firms fight new suits over expired patents

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economy

WASHINGTON (Reuters) - A new kind of patent fight has reared its head recently -- lawsuits alleging that companies claim patents for drugs or devices even though they are expired -- but the cases will likely drop off quickly.

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Global markets week ahead: Second quarter confusion beckons

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economy

LONDON (Reuters) - With 2010's first quarter nearly gone, many investors will be using the coming week to square their books and set positions for a new and possibly more confusing investment phase.

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Banks lift stocks; Greece woes dent euro

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LONDON (Reuters) - European shares rose modestly on Friday, lifted by gains in banking stocks, but concerns over Greece's large debt burden remained, keeping the euro on the back foot against the dollar.

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Nikkei rebounds, nears 2-month high

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economy

TOKYO (Reuters) - Japan's Nikkei average rose 0.8 percent on Friday, with retailer Aeon climbing in the wake of an upbeat profit forecast and as shares rebounded broadly after a resilient performance from the Dow industrials.

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The People's Press

03/12/2010 6:03 PM
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08/06/2009 4:18 PM
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07/29/2009 5:34 PM
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07/28/2009 5:07 PM
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07/27/2009 11:19 PM
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