| Wall Street edges up after jobless claims fall (at Financial Times) US stocks rose in early trading on Thursday after data showed initial jobless claims had fallen more than expected, giving investors some hope in what has been an otherwise bleak outlook for the pace of the economic recovery. us.rd.yahoo.com |
Rate rises slow dwelling commencements THE pace of central bank interest rises since October last year caused a sharp slide in the number of dwelling commencements in the June quarter, economists say. news.com.au |
Stocks End Near Session Highs in Broad Rally [at CNBC] - Stocks closed near the highs of an upbeat session as investors gained confidence in the strengthening U.S. economy and the likelihood the Federal Reserve will resume quantitative easing. us.rd.yahoo.com |
Wall Street trims gains as dollar strengthens Stocks were slightly higher on Thursday on strong corporate earnings, but the indexes were well off their highs as the euro weakened and commodity prices fell. finance.yahoo.com |
ASX of Australia in Merger Deal With Singapore Exchange The $8.3 billion deal is the first major consolidation of Asia-Pacific exchanges and will result in $30 million in cost savings. nytimes.com |