Economic data, oil decline help lift stocks

                   
reuters.com     Jul 25, 2008            

By Herbert Lash NEW YORK (Reuters) - U.S. stocks rebounded and government debt prices fell on Friday as equity investors' sentiment was buoyed by a pullback in oil prices and a flurry of stronger-than-expected U.S. economic reports. The dollar rallied against the yen after new U.S. home sales in June, and consumer sentiment and business investment in July, all beat consensus estimates. The data offered a glimmer of hope for the beaten-down U.S. housing market, although analysts said improved consumer sentiment among Americans was linked to government economic stimulus efforts, which are temporary. Stocks fell to wide losses in the prior session as weak housing and employment data fanned concerns. Oil fell to a fresh seven-week low, extending a decline that has knocked more than $20 off prices since a barrel of crude soared to... [read full story]                    

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Roaring Cars, Buoyant Banks Lift Europe Stocks

epochtimes.com     Jul 23, 2008          

PARIS—European stocks were up 1.6 percent around midday on Wednesday, rising for the fifth time in six sessions as oil continued to fall, while auto stocks rose after a flurry of stronger than expected results. Recently...                    

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European bank stocks have tumbled 40 percent in past year but may well fall further

iht.com     Jul 24, 2008          

European bank stocks have tumbled 40 percent in the past year, roiled by a global credit crisis, and while results from U.S. peers suggest an end to the carnage, an economic slowdown should push shares lower still. The Dow...                    

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Stocks slump as economic data bites, oil steady

reuters.com     Jul 24, 2008          

By Herbert Lash NEW YORK (Reuters) - Ford and Dow Chemical were both pressured by quarterly results that disappointed. The euro hit a two-week low against the dollar as the increasingly gloomy outlook cooled any expectations...                    

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Australian shares outlook - Lower on bleak U.S. economic news (AFX)

yahoo.com     Jul 25, 2008          

SYDNEY (Thomson Financial) - Australian shares are set to fall on Friday after bleak economic news sent U.S. stocks tumbling, while the resource sector is likely to be pressured by falls in prices of base metals. U.S. financial...                    

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Dow Loses 1.1% for Week as Banks Skid (at CNBC)

yahoo.com     Jul 26, 2008          

STOCKS, EARNINGS, ECONOMY, REAL ESTATE, BANKS Stocks pulled off modest gains Friday as a drop in oil prices and enthusiasm for some better-than-expected economic reports outshined a warning from S&P of a possible downgrade on...                    

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Jobs, oil and earnings to call stocks' tune

reuters.com     Jul 26, 2008          

NEW YORK (Reuters) - Stock investors will sift through reams of economic reports, including July payrolls and second-quarter gross domestic product, as they search for catalysts next week that could trigger a recovery on Wall...                    

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