Real-time equity news
U.S. stock market report
1730 EDT 25Aug2010
US earnings diary for Aug. 26
Companies expected to report quarterly results on Thursday include J Crew, Signet Jewelers and Regis Corp . For details, see
Reuters Messaging: leah.schnurr.thomsonreuters.com@reuters.net
1718 EDT 25Aug2010
US economic diary for Aug. 26
U.S. economic data on tap on Thursday includes weekly initial jobless claims. For details, see
Reuters Messaging: leah.schnurr.thomsonreuters.com@reuters.net
1638 EDT 25Aug2010
Wall Street rebounds on technicals
U.S. stocks staged a comeback on Wednesday, breaking a four-day losing streak by major indexes, as key technical support triggered bargain hunting to offset weak economic data.
The Dow Jones industrial average rose 19.61 points, or 0.20 percent, to 10,060.06. The Standard & Poor's 500 Index added 3.46 points, or 0.33 percent, to 1,055.33. The Nasdaq Composite Index gained 17.78 points, or 0.84 percent, to 2,141.54.
Reuters Messaging: Charles.mikolajczak.thomsonreuters.com@reuters.net
1521 EDT 25Aug2010
Stocks edge higher on bargain hunting
U.S. stocks edged higher on Wednesday as an early session decline through a key technical level on the S&P prompted buying, despite weak economic data that dimmed hopes for a robust recovery.
The Dow Jones industrial average rose 2.50 points, or 0.02 percent, to 10,042.95. The Standard & Poor's 500 Index gained 1.23 points, or 0.12 percent, to 1,053.10. The Nasdaq Composite Index added 10.85 points, or 0.51 percent, to 2,134.61. Reuters Messaging:rm://Charles.mikolajczak.thomsonreuters.com@reuters.net
1303 EDT 25Aug2010
Bank shares index hits 2010 low
The KBW bank index fell 1.84 percent to a 2010 low at 42.70 earlier on Wednesday, as July readings in the housing market this week pressured financial shares.
Wells Fargo dropped 2.2 percent to $23.12 and KeyCorp fell 2 percent to $7.20.
Wednesday data showed new U.S. single-family home sales slumped to the slowest pace on record in July, while on Tuesday data showed home resales took a record plunge to their slowest pace in 15 years, underlining the housing market's struggle to find its footing without government aid.
In early afternoon trading, the KBW bank index was off 1.5 percent at 42.94.
Reuters Messaging: rodrigo.campos.thomsonreuters.com@reuters.net
1051 ET 25Aug2010
VeriFone jumps after results, outlook
Credit card swipe machine maker VeriFone Systems Inc posted better-than-expected quarterly results, helped by growth in its domestic and Latin American markets, and raised its fiscal 2010 outlook.
VeriFone shares climbed 8.2 percent to $24.25 on volume nearly twice its 25-day average of 338,068.
Rivals NCR Corp slid 0.4 percent to $12.50 and Hypercom Corp shed 0.3 percent to $3.09.
Reuters Messaging: Charles.mikolajczak.thomsonreuters.com@reuters.net Keywords: MARKETS STOCKSNEWS
COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
U.S. stock market report
1730 EDT 25Aug2010
US earnings diary for Aug. 26
Companies expected to report quarterly results on Thursday include J Crew, Signet Jewelers and Regis Corp . For details, see
Reuters Messaging: leah.schnurr.thomsonreuters.com@reuters.net
1718 EDT 25Aug2010
US economic diary for Aug. 26
U.S. economic data on tap on Thursday includes weekly initial jobless claims. For details, see
Reuters Messaging: leah.schnurr.thomsonreuters.com@reuters.net
1638 EDT 25Aug2010
Wall Street rebounds on technicals
U.S. stocks staged a comeback on Wednesday, breaking a four-day losing streak by major indexes, as key technical support triggered bargain hunting to offset weak economic data.
The Dow Jones industrial average rose 19.61 points, or 0.20 percent, to 10,060.06. The Standard & Poor's 500 Index added 3.46 points, or 0.33 percent, to 1,055.33. The Nasdaq Composite Index gained 17.78 points, or 0.84 percent, to 2,141.54.
Reuters Messaging: Charles.mikolajczak.thomsonreuters.com@reuters.net
1521 EDT 25Aug2010
Stocks edge higher on bargain hunting
U.S. stocks edged higher on Wednesday as an early session decline through a key technical level on the S&P prompted buying, despite weak economic data that dimmed hopes for a robust recovery.
The Dow Jones industrial average rose 2.50 points, or 0.02 percent, to 10,042.95. The Standard & Poor's 500 Index gained 1.23 points, or 0.12 percent, to 1,053.10. The Nasdaq Composite Index added 10.85 points, or 0.51 percent, to 2,134.61. Reuters Messaging:rm://Charles.mikolajczak.thomsonreuters.com@reuters.net
1303 EDT 25Aug2010
Bank shares index hits 2010 low
The KBW bank index fell 1.84 percent to a 2010 low at 42.70 earlier on Wednesday, as July readings in the housing market this week pressured financial shares.
Wells Fargo dropped 2.2 percent to $23.12 and KeyCorp fell 2 percent to $7.20.
Wednesday data showed new U.S. single-family home sales slumped to the slowest pace on record in July, while on Tuesday data showed home resales took a record plunge to their slowest pace in 15 years, underlining the housing market's struggle to find its footing without government aid.
In early afternoon trading, the KBW bank index was off 1.5 percent at 42.94.
Reuters Messaging: rodrigo.campos.thomsonreuters.com@reuters.net
1051 ET 25Aug2010
VeriFone jumps after results, outlook
Credit card swipe machine maker VeriFone Systems Inc posted better-than-expected quarterly results, helped by growth in its domestic and Latin American markets, and raised its fiscal 2010 outlook.
VeriFone shares climbed 8.2 percent to $24.25 on volume nearly twice its 25-day average of 338,068.
Rivals NCR Corp slid 0.4 percent to $12.50 and Hypercom Corp shed 0.3 percent to $3.09.
Reuters Messaging: Charles.mikolajczak.thomsonreuters.com@reuters.net Keywords: MARKETS STOCKSNEWS
COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.