Market Gawk

London-based metals major buys 51% stake in Sesa Goa from Japan’s Mitsui.

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Positive earnings news from Texas Instruments and others may boost the major indexes

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High-yielding currencies lost ground on Tuesday as tame Australian inflation data dampened expectations that the Reserve Bank of Australia would raise interest rates at its policy-setting meeting next week.

Original post by FeedZilla

The major indexes slipped at midday Tuesday after traders grew bearish on weak reports of existing home sales and consumer confidence. Crude oil stuck higher after the Nigerian election. Consumer confidence declined in April. AT&T surprised in Q1.
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Original post by FeedZilla

Bond prices climbed Tuesday after the release of weaker-than-expected housing and consumer sentiment reports.

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Stocks struggled Tuesday morning, as investors weighed Texas Instruments’ upbeat forecast and IBM’s $15 billion share repurchase news with weaker-than-expected reports on consumer confidence and housing.

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London equities reversed early gains on Tuesday as real estate stocks fell, hit by worries about the implications of steep falls for similar stocks in Spain.

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European equities were sharply lower, led by Spain’s Ibex index, as growing fears over the financial stability of real estate company Astroc led to sharp falls in the property and construction sectors.

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For a buy-and-hold guy like me, it’s been a time of unusual trading.
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A.G. Edwards & Sons, Inc. - the nest egg company
For more than 120 years, dedicated to providing you objective financial advice and looking out for your best interests.

Original post by FeedZilla

Oh how the mighty have fallen. According to first-quarter sales results, Toyota Motor (TM) announced this morning that it outsold Detroit darling General Motors (GM) for the period - marking the first time ever that the Japanese automaker has bested GM…(Read More)

Original post by FeedZilla