Stocks rise as investors continue rally into second day; Weak dollar fans commoditiesNEW YORK — Investors barreled into stocks for a second day as hopes grew that corporate profits will strengthen as the global economy recovers. Education influences how long many expect to work after they ‘retire,’ new survey findsNEW YORK — When you hear that retirement isn’t what it used to be, a first thought might be of active seniors traveling the globe instead of sitting in rocking chairs. But for plenty of Americans, especially those with little education, “retirement” involves continuing to work — and that will likely be even more common in coming years, a new study finds. Lawmakers split on proposals to revamp financial rules affecting investorsWASHINGTON — Regulators and investor advocates voiced support Tuesday for a proposal that addresses consumer protection and would bring investment funds under government supervision as part of Congress’ efforts to revamp the U.S. financial rule book. Oil pushes higher as weak dollar, stronger stock market outweigh supply concernsOil prices climbed Tuesday as the combination of a weaker dollar and stronger stock market outweighed concerns about weak demand and vast supplies of crude. Agriculture futures soar on Chicago BOT; Pork prices higher, beef futures fallCHICAGO — Agriculture futures were mostly higher early Tuesday on the Chicago Board of Trade. Dollar tumbles after Australia raises rate, signaling more hikes to come; UK report spooksNEW YORK — The dollar tumbled Tuesday, hitting a 14-month low against the Australian currency and circling year lows against the euro, after an interest rate increase from the Australian central bank signaled other countries might increase their rates. Stocks jump as investors continue rally into second day; weak dollar fans commoditiesNEW YORK — Investors rushed into stocks for a second day amid signs that the global economy is recovering and as a weak dollar pushed up prices of commodities. Zimbabwe’s President Robert Mugabe calls for fresh start in relations with WestHARARE, Zimbabwe — President Robert Mugabe called Tuesday for a new start to relations with those Western countries he has spent years insulting for their criticism of his leadership. Report that oil producers may move away from dollar sends US currency close to year lowsLONDON — The dollar fell Tuesday towards year lows against the euro and the yen after a report that Arab states and other countries were contemplating an end to the U.S. currency’s role in the pricing oil. Oil rises above $71 in afternoon European trading as investors eye stock markets, US dollarVIENNA — Oil prices rose above $71 a barrel Tuesday, helped by a jump in global stock markets and a weaker dollar, which increases the appeal of commodities to investors. Stocks jump in morning trading as investors continue rally into second dayNEW YORK — Stocks rose in morning trading Tuesday as investors built further momentum amid fresh signs the global economy is recovering. World markets buoyed by recovery hopes as Australia’s bank raises interest rates
World markets higher as US services sector improves, Australia hikes interest ratesBANGKOK — World stock markets rose Tuesday after the U.S. service sector, a mainstay of the world’s No. 1 economy, showed growth for the first time in a year and Australia raised interest rates as its recovery strengthens. Oil rises above $70 in Asia investors eye global stocks, US dollarSINGAPORE — Oil prices above $71 a barrel Tuesday in Asia as a jump in global stock markets boosted investor confidence. Asian markets mostly higher as US services sector improves, Australia hikes interest ratesBANGKOK — Asian stock markets mostly rose Tuesday after the U.S. services industry, a mainstay of the world’s No. 1 economy, showed its first growth in a year and Australia’s central bank raised interest rates. Oil above $70 in Asia investors eye global stocks, US dollarSINGAPORE — Oil prices floated above $70 a barrel Tuesday in Asia as a jump in global stock markets boosted investor confidence. Report showing growth in service sector, drop in dollar drive investors back to commoditiesNEW YORK — Commodities prices rebounded Monday as signs of growth in the service sector boosted investors’ confidence and sent them back into riskier assets. Dollar loses ground on service industry, bank reports despite attempts to prop up greenbackNEW YORK — The dollar traded lower against major currencies Monday despite attempts over the weekend to boost the strength of the American currency. Stocks rise as service industry index signals growth for first time in a year; Dow jumps 112NEW YORK — The first growth in the service industry in a year and upbeat comments about big banks pulled investors into the stock market after two losing weeks. SEC approves new rules for exchanges to cancel erroneous stock tradesWASHINGTON — Federal regulators have approved new rules for stock exchanges for nullifying erroneous trades deemed wildly out of sync with current prices. Younger Americans find vast opportunities in recession, while older generations struggleNEW YORK — The Great Recession has turned into the best of times for young investor Daniel Lee. Oil reverses early losses, settles above $70 on strong stocks and weak dollarOil prices pushed through early losses to settle above $70 a barrel Monday on the coat tails of strong equity markets and weakness in the U.S. dollar. Oil reverses early losses, jumps above $70 on strong stocks, weak dollarOil prices pushed through early losses to jump above $70 a barrel Monday on the coat tails of strong equity markets and weakness in the U.S. dollar. Wheat, corn, soybeans futures up on Chicago BOT, oats drop; livestock prices fallCHICAGO — Agriculture futures were mostly higher early Monday on the Chicago Board of Trade. Stocks advance as service industry index signals growth for first time in a yearNEW YORK — The first growth in the service industry in a year and an upgrade of big banks pulled investors into the stock market after a two-week slide. Stocks edge higher as service industry index signals growth for first time in a yearNEW YORK — Stocks are struggling to hold their gains after a trade group reported the service industry grew in September but companies’ pricing power weakened. Oil stays below $70 as markets look to corporate earnings for clues on economyOil prices dropped below $69 a barrel Monday at the start of a week filled with third quarter company earnings reports that could hint at the health of the U.S. economy. Stocks rise in early trading after two-week slide; investors await data on service industryNEW YORK — Stocks rose early Monday after a two-week slide in the market and as traders prepared for a report on the service industry. Stocks rise in early trading as investors try to bounce back from recent declinesNEW YORK — Stocks are rebounding as the market opens after two consecutive weeks of declines as disappointing economic news has piled up. Socialist leader Papandreou given mandate to form Greek govt after landslide election winATHENS, Greece — Greece’s president formally asked George Papandreou to form a government Monday, a day after the Socialist leader trounced the governing conservatives in an election focused on rescuing the economy. |