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PSEi up for 2nd straight session on news of resilient US stocks

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pse02172014

The local stock barometer advanced for the second session on Monday, riding on a regional upswing inspired by resilient US stocks.

Posted: February 17th, 2014 in Latest Business Stories | Read More »

Stocks recover on Wall Street after a 2-day plunge

Trader Vincent Quinones, left, works on the floor of the New York Stock Exchange, Friday, June 21, 2013. U.S. stocks rose in morning trading on Friday as traders regrouped following the biggest drop of the year. AP Photo

Traders decided that the stock market has suffered enough, at least for now.

Posted: June 22nd, 2013 in Latest Business Stories | Read More »

PH stocks rise anew as US stock markets stay upbeat, local firms post good earnings

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pse.gov.ph photo

Most local stocks trekked higher for a second session on Thursday on upbeat US stock markets and optimism over local first quarter earnings.

Posted: May 9th, 2013 in Latest Business Stories | Read More »

US stock market wavers as Europe’s economy slows

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In this Dec. 28, 2012, photo, traders work on the floor at the New York Stock Exchange in New York. US stocks opened lower Tuesday, Jan. 8, 2013, as earnings season was set to begin, with investors cautious after the economy plodded along during the fourth quarter of 2012.  AP PHOTO/SETH WENIG

Renewed worries about Europe overshadowed an encouraging U.S. jobs report on Thursday, leaving major stock indexes roughly where they started.

Posted: February 15th, 2013 in Latest Business Stories | Read More »

US stocks lower as ‘fiscal cliff’ looms

AP FILE PHOTO

WASHINGTON—US stocks closed lower Wednesday as market sentiment soured less than two weeks before the United States risks going over the “fiscal cliff.”   The Dow Jones Industrial Average slumped 99.14 points (0.74 percent) to 13,251.82 in closing trade.   The broad-market S&P 500 dropped 10.98 points (0.76 percent) at 1,435.81, while the tech-rich Nasdaq [...]

Posted: December 20th, 2012 in Latest Business Stories | Read More »

US stocks open higher on ‘fiscal cliff’ hopes

In this Nov. 15, 2012, file photo, traders work on the floor at the New York Stock Exchange in New York. AP FILE PHOTO

US stocks edged higher Tuesday amid signs Washington was making progress to avert the “fiscal cliff.”

Posted: December 19th, 2012 in Latest Business Stories | Read More »

Stocks rise on deal hopes ahead of fiscal cliff

In this May 17, 2012 file photo specialist Stephen D'Agostino works at his post on the floor of the New York Stock Exchange. AP/Richard Drew

US stocks rose Monday amid Wall Street hopes of a political compromise that would prevent the economy from going over the “fiscal cliff” in two weeks.

Posted: December 18th, 2012 in Latest Business Stories | Read More »

US stocks sink under fiscal cliff worries

Patrick King, Christopher Carella

US stocks closed lower Thursday under a cloud of fiscal cliff concerns that overshadowed a batch of somewhat positive economic data on jobs, retail sales and inflation.

Posted: December 14th, 2012 in Latest Business Stories | Read More »

US stocks edge up amid hopes for ‘cliff’ deal

Patrick King, Christopher Carella

US stocks ended slightly higher Monday amid hopes that a political deal over the looming fiscal cliff was in the works.

Posted: December 11th, 2012 in Latest Business Stories | Read More »

US stocks close mixed after jobs report

Patrick King, Christopher Carella

A surprise fall in the US unemployment rate to 7.7 percent for November gave markets an initial boost Friday, but stocks ended the session mixed.

Posted: December 8th, 2012 in Latest Business Stories | Read More »

US stocks score modest gains

dow jones, november 21, 2012

US stocks notched up modest gains Wednesday after a mixed batch of economic data and another eurozone failure to agree on a crucial aid payment for Greece.

Posted: November 22nd, 2012 in Latest Business Stories | Read More »

US stocks close flat

Traders work on the floor of the New York Stock Exchange during afternoon trading on November 19, 2012 in New York City.  AFP FILE PHOTO

US stocks closed near breakeven Tuesday, clawing back from losses after Hewlett-Packard reported a huge charge for an acquisition, offsetting fresh data signaling recovery in the housing market.

Posted: November 21st, 2012 in Latest Business Stories | Read More »

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