(Updates throughout with details, background and share price) CHICAGO -(Dow Jones)- Caterpillar Inc. (CAT) cut is full-year sales and profitforecasts Tuesday and admitted it had underestimated the severity of the globaleconomic downturn. The world's largest maker of construction equipment had seen sales ...Read More
Stocks traded lower for a third straight day Friday afternoon, as investors sought safety by selling stocks in favor of the dollar and Treasurys. The energy sector led the stock market lower due to a pullback in commodity prices and Goldman ...Read More
NEW YORK (AP) -- Signs of a subdued economic recovery sent investors out of stocks yesterday and in search of safer assets such as the dollar. Major indexes tumbled about 1 percent. Energy and material stocks logged some of the biggest ...Read More
A stronger dollar and more discouraging signs of a subdued economic recovery triggered a broad sell-off in stocks. Major indexes tumbled more than 1 percent Thursday, including the Dow Jones industrials, which fell about 137 points. Energy and material stocks showed the ...Read More
A stronger dollar and more discouraging signs of a subdued U.S. economic recovery triggered a broad sell-off in stocks. Major indexes tumbled more than 1 percent Thursday, including the Dow Jones industrials, which fell about 133 points by midday. Energy and material ...Read More
NEW YORK - A stronger dollar and more discouraging signs of a subdued U.S. economic recovery triggered a broad sell-off in stocks. Major indexes tumbled more than 1 percent in early trading, including the Dow Jones industrials, which fell about 130 ...Read More
NEW YORK—A stronger dollar and more discouraging signs of a subdued economic recovery triggered a broad sell-off in stocks.
Major indexes tumbled more than 1.5 percent Thursday, including the Dow Jones industrials, which fell about 160 points.
Energy and material stocks showed ...Read More
Stocks finished an erratic session mixed Tuesday as higher commodity prices lifted energy and materials shares. The meager advances were enough to push stocks to new 13-month highs, though more shares fell than rose at the New York Stock Exchange. The ...Read More
Nov. 17 (Bloomberg) -- U.S. stocks fell, pulling theStandard & Poor’s 500 Index down from a 13-month high, afterindustrial production increased less than forecast and declinesin metal prices weighed on commodity producers. The Dollar Indexrose for the first time in ...Read More
Investors grew more upbeat about the economy Monday after retail sales rebounded more than expected in October and as a weaker dollar sent commodity prices higher. Major stock indexes rose more than 1 percent to new 13-month highs, including the Dow ...Read More
* Retail sales, Empire State survey on tap * Fed chairman Bernanke due to speak * Futures higher: Dow 65 pts, S&P 9.6, Nasdaq 11 * For up-to-the-minute market news, click [STXNEWS/US] (Updates with mining stocks, Lowe's results) NEW YORK, Nov 16 (Reuters) - U.S. ...Read More
Americans spent about the same amount in October as in August and September, according to figures released Thursday by a key data service, and they may be settling into new low-spending habits. Including everything from toys to food, but not cars ...Read More
A drop in energy stocks dragged the market lower Thursday following a government report that consumers and businesses cut back on their use of oil and gas. Major stock indexes slid about 1% from 13-month highs, including the Dow Jones ...Read More
A stronger buck and fears about consumer spending hit stocks on Thursday, leading the major indexes down about one percent. Currency traders boosted the U.S. dollar after the release of lower unemployment figures, leading commodity prices and resource shares down. ...Read More
Major stock indexes slid about 1 percent from 13-month highs, including the Dow Jones industrial average, which fell 94 points after six days of gains. A jump in petroleum supplies last week stirred worries that the falling demand for energy was ...Read More
NEW YORK -Americans spent about the same amount in October as in August and September, according to figures released Thursday by a key data service, and they may be settling into new low-spending habits. Including everything from toys to food, but ...Read More
Fewer U.S. banks tightened lending standards for companies and consumers in the third quarter as the economy grew for the first time in more than a year, a Federal Reserve survey showed. Demand for most types of loans weakened at a ...Read More
Nov. 10 (Bloomberg) -- The Federal Reserve said U.S. bankskept tightening lending standards for companies and consumerslast quarter, reinforcing the central bank’s decision to leaveits benchmark interest rates at record lows for a long time. At the same time, the number ...Read More
Nov. 9 (Bloomberg) -- The Federal Reserve said fewer bankstightened lending standards for companies and consumers in thethird quarter than in the prior period as the U.S. economy grewfor the first time in more than a year. Demand for most types ...Read More
Nov. 9 (Bloomberg) -- U.S. stocks extended a global rallyand the dollar slid after the Group of 20 nations agreed tomaintain economic stimulus efforts. Commodities climbed, sendinggold to a record above $1,100 an ounce.
General Electric Co., Caterpillar Inc. and Intel ...Read More
NEW YORK - Consumers, enticed by cooler weather, early holiday discounts and an improving economy, spent a little more in October, handing the retail industry its second consecutive monthly sales gain after more than a year of declines.
Even affluent shoppers, ...Read More
