Stock futures up ahead of home construction data
                   
ibtimes.com     May 16, 2008            

Wall Street was headed for a modestly higher open Friday as investors awaited data on new home construction last month. The Commerce Department is expected to report that construction of new single-family homes and apartments declined in April by about 0.7 percent to an annual rate of 940,000... [read full story]                    


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UPDATE: Nokia Shares -11% After Warning on 3Q Market Share

cellular-news.com     9 mins ago   60 related          

Shares in Nokia tumbled Friday after the world's biggest handset maker downgraded its third-quarter market-share outlook, attributing the revision to the weaker global economy and its tactical decision to stay out of a...                    

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Wall Street wavers after bleak jobless data

msn.com     45 mins ago   45 related          

Economy shed jobs for eighth straight month in August NEW YORK - “Since mid-July I think it’s become apparent that the global economies have really weakened pretty sharply,” said Thomas J. Lee, U.S. equities strategist at...                    

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Stocks Bounce From Lows After Weak Jobs Data

businessweek.com     1 hr ago   1 related          

Equity indexes were clawing their way back from an early selloff, while the dollar gained strength Major U.S. equity indexes staged an impressive comeback on Friday afternoon from early lows after extending a sell-off...                    

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Stocks trim losses as financials turn around

cnn.com     1 hr ago   4 related          

Wall Street retreats, but is off the worst levels of the session, as the spiking unemployment rate adds to worries about the economic slowdown. Stocks cut losses Friday afternoon, as a rally in financial shares helped...                    

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