Dollar slides as more big companies turn in strong quarterly results, triggering risk appetiteNEW YORK — The dollar hit its lowest level against the euro in nearly seven months as prospects of a deal to rescue U.S. lender CIT and optimism about corporate earnings increased investors’ appetite for risk — driving them from the safety of the American currency. Prices for gold, other metals rise as investor optimism grows amid CIT rescue, upbeat earningsNEW YORK — Prices for gold and other metals are rising in the wake of more upbeat earnings and news of emergency financing for troubled lender CIT Group. Investors add to last week’s big gains on upbeat earnings; Fears ease about fate of lender CITNEW YORK — Signs of strength in several corners of the economy are helping extend the stock market’s rally. Oil near $64 with more companies reporting earnings; outlook for energy demand unclearSIOUX FALLS, S.D. — Oil prices wavered near $64 a barrel Monday as encouraging quarterly reports from several companies were offset by what could be an extended period of weak demand for energy. Stocks move higher, extend last week’s big gains, on reports CIT is close to rescueNEW YORK — The stock market is extending a big rally from last week on more upbeat earnings and word that troubled lender CIT will avoid bankruptcy. Halliburton 2Q profit falls 48 pct; CEO says no end to natural gas glut this yearHOUSTON — Halliburton on Monday said its profit tumbled for a second straight quarter, primarily from a falloff in natural-gas production in North America, and the oilfield services giant offered little hope for an uptick in drilling before year’s end. |