Archive for May, 2010

Stocks Surged in Early Trading Thursday after China Reassured Investors it Doesn’t Plan to Sell any of the European Debt it Holds

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[?]Submitted by SmallCapVoice.com 
The Dow Jones industrial average rose about 150 points in morning trading, while Treasury prices tumbled as traders pumped money into stocks.
China’s confidence in Europe overshadowed disappointing reports about the U.S. economy. The Labor Department said initial claims for unemployment benefits fell last week, but not by as much […]

Investing Ideas in Gold as a Safe Haven

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[?]Submitted by SmallCapVoice.com
Gold prices were rising Wednesday as jittery investors continued to buy gold as a safe haven asset to battle global economic uncertainty.
Gold delivery for June was rising $12.50 to $1,210.50 an ounce at the Comex division of the New York Mercantile Exchange.
Although markets seem calm, analysts expect investors to […]

Stocks are Lower amid Continued European Economic Worries

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[?]Submitted by SmallCapVoice.com
Stocks are moderately lower as markets worldwide again tracked the movement of the euro Wednesday.
U.S. stock index futures erased some of their deep, early morning losses as the euro bounced off a four-year low of $1.2146 and moved back up to $1.2246.
European stocks fell sharply at first, rattled by […]

Stocks are Down on European Economic Concerns

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[?]Submitted by SmallCapVoice.com
Stocks are falling in early trading on concerns about how austerity measures in Europe might slow the continent’s economy.
Better-than-expected reports on U.S. retail sales and industrial production didn’t help stock prices.
Investors are focusing on the potential long-term impact of severe austerity measures in some European countries like Greece, Spain […]

Stocks Pull Back after Excitement Over Euro Fades

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[?]Submitted by SmallCapVoice.com 
Excitement over the European Union’s nearly $1 trillion rescue program to support debt-burdened countries faded, even as Germany approved its share of the bailout.
The European bailout provided assurances that the euro would remain intact and countries would have access to loans. But heavily indebted nations like Greece still have […]

Stocks Surge on Global Effort to Ease European Debt Crunch

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[?]Submitted by SmallCapVoice.com
Stocks rocketed higher Monday after European leaders agreed to a nearly $1 trillion rescue plan to avoid a major debt crisis and the U.S. Federal Reserve said it would also provide loans overseas.
The 16 countries that use the euro and the International Monetary Fund have agreed to create a […]