Core U.S. inflation is likely to drop to 2 percent from about 2 1/4 percent, but pushing it below that may require higher interest rates, Federal Reserve Governor Frederic Mishkin said on Friday.
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Stocks closed mostly higher Friday, sending the Dow Jones industrials’ to their best week in four years after a surprise jump in home sales eased concern that frailty in the housing market will hurt economic …
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Another runup in oil prices, fired this time by fresh geopolitical worries, helped send the Toronto stock market up almost 100 points Friday, capping a winning week where the TSX came within less than 200 …
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Rising oil prices and new tensions in the Middle East partly offset positive data from the housing sector Friday, but stocks still ended slightly higher, giving the Dow Jones Industrial Average a five-session …
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Stocks that were moving substantially or trading heavily Friday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Avery Dennison Corp., up 88 cents at $66.43; Paxar Corp., up $4.52 at …
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Stocks tried to carve out modest gains Friday after a surprise jump in sales of existing homes last month lent strength to the growing notion that the housing sector may not be as weak as feared.
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NEW YORK Stocks opened quietly Friday, trading mostly flat as investors awaited a report on home sales that could indicate whether Wall Street’s somewhat less-pessimistic view of the sector is warranted.
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Stocks gave up brief gains Friday and traded mostly flat after a surprise jump in sales of existing homes last month lent strength to the growing notion that the housing sector may not be as weak as feared.
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Stocks tried to carve out modest gains Friday after a surprise jump in sales of existing homes last month lent strength to the growing notion that the housing sector may not be as weak as feared.
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Traders gather at a post on the floor of the New York Stock Exchange, Wednesday, March 21, 2007.
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