Market Gawk

United States Market and Economy

May 9th, 2007

Wall Street’s other record breaker

Dow! Dow! Dow! Why is it always about the Dow?

Original post by FeedZilla

May 9th, 2007

Stocks Dip Before the Fed

Stocks were a bit lower in early trading on Wednesday ahead of the latest word on interest rates and inflation from the Federal Reserve. Alltel has several suitors from private equity. News Corp. posts solid quarterly earnings after its bid for Dow Jones.
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Original post by FeedZilla

May 9th, 2007

Treasurys await Fed meeting

Bond prices were little changed Wednesday morning as investors await the Federal Reserve’s policy meeting, when many bet the central bank will hold interest rates steady.

Original post by FeedZilla

May 9th, 2007

Private equity tax talk amplifies

Taxes undoubtedly are weighing heavily on the minds of private equity’s kings these days.

Original post by FeedZilla

May 9th, 2007

Oil sinks as gasoline supplies finally rise

oil prices sank Wednesday after a government report said supplies of gasoline, closely watched ahead of the summer driving season and running below average, rose for the first time in 13 weeks.

Original post by FeedZilla

May 9th, 2007

Wait for Fed keeps dollar in check

The dollar held steady on Wednesday as investors awaited the Federal Reserve’s decision on US interest rates later in the session.

Original post by FeedZilla

May 9th, 2007

Banking earnings boost European equities

European equities were higher on Wednesday, driven by talk of consolidation in London’s mining sector and resurgent banking stocks after the previous session’s profit taking.

Original post by FeedZilla

May 9th, 2007

Ahead of Fed, stocks struggle

Stocks were mixed Wednesday morning as investors considered Cisco’s in-line forecast and lower oil prices ahead of the conclusion of the Federal Reserve policy meeting.

Original post by FeedZilla

May 9th, 2007

Tech Stocks to Come Under Pressure Following Cisco Systems’ (CSCO) Earnings

U.S. stock futures are pointed lower this morning, with the official Fed decision on U.S. monetary policy due out today at 2:15 p.m…(Read More)

Original post by FeedZilla

May 9th, 2007

Canadian Dollar One Way Train (Daily FX)

There is little change regarding the USDCAD. There is little doubt that the decline from 1.1825 is a 3rd wave. Therefore, any rally should be treated like a correction as a 5th wave decline will eventually take the USDCAD to lower levels.

Original post by FeedZilla