| U.S. stocks falter as tech bellwethers decline (at MarketWatch) U.S. stocks relinquished some of their early gains in midmorning trading Monday, with a drop in tech stocks dragging on the broader market. The Dow Jones Industrial Average gained 27 points, or 0.3%, to 10,241, with Hewlett-Packard Co. leading decliners with a loss of 2.6%. us.rd.yahoo.com |
UPDATE - Short interest spike suggests short covering rally [at Reuters] - A spike in short interest on major U.S. exchanges at the end of August suggests short covering helped fuel a rally in stocks as investors rushed to reverse bearish bets after surprisingly strong economic data. us.rd.yahoo.com |
Dollar down after weak house data THE Australian dollar fell from near two year highs following weak building approvals data as investors judge that an interest rate increase next week is less likely. news.com.au |
Bernanke: Fed set to further boost economy Fed Chairman Bernanke said Friday that high unemployment and low inflation point to a need for a further easing of U.S. monetary policy. pheedo.msnbc.msn.com |
U.S. stock gains cool as bank, energy stocks fall U.S. stocks gave up the bulk of morning gains Thursday as the energy, financials and materials sectors turned lower. The Dow Jones Industrial Average was up 32 points, or 0.3%, to 11,139.56 after earlier rising more than 100 points. us.rd.yahoo.com |