InfoAnda - Wall Street ends week up, awaits Fed meeting

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Israeli ceasefire begins in Gaza | International | | 18 January 2009
NATO supplies in Pakistan remain blocked | 2 October 2010
Seoul shares open firm;caution before rate meeting | 9 September 2009

Gunmen kill seven Shi'ite pilgrims in Iraq ambushes | | 13 April 2012

Forum Views () Forum Replies ()

Read more with google mobile : Wall Street ends week up, awaits Fed meeting

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Photos Full Coverage Sitemap Wall Street ends week up, awaits Fed meeting AFP - Sunday, September 19 Send IM Story Print Wall Street ends week up, awaits Fed meeting NEW YORK (AFP) - – Wall Street is flirting with its highest levels since May, boosted by new strong data easing concerns over the recovery as traders await next week's Federal Reserve meeting. The past week saw new positive data on the health of the global economic recovery with strong manufacturing figures from China and a modest rise in US retail sales for the second straight month. For the week, the Dow Jones Industrial Average was up 1.39 percent to 10,607.85 in the third consecutive week of gains as it nears its highest levels since May. The broader S&P 500 index gained 1.45 percent to 1,125.59. The technology-rich Nasdaq composite index ramped up 3.26 percent to 2,315.61 in a week where computer giant Hewlett-Packard announced its latest acquisition and technology bellwethers Oracle and Research in Motion reported strong quarterly results. Confidence was bolstered early in the week when banking regulators meeting in Basel, Switzerland settled on reforms that will require banks to raise capital reserves substantially as a buffer against future financial breakdowns. Jobless claims also showed jobless claims fell faster than expected last week, extending a four-week decline. But disappointing figures showing a slowdown in the US manufacturing sector poured some cold water on the enthusiasm. "Economic news, especially retail sales and industrial numbers, told us that the probability of a double dip is less than many had thought," said independent analyst Hugh Johnson, looking back at the week. The upcoming week will bring new data on the faltering housing market, which could show a continued loss of momentum since August's disappointing data. But all eyes are on Tuesday's meeting of the Federal Open Market Committee, which is set to keep current historically-low interest rates unchanged from levels set in December 2008 in a effort to spark growth. Investors will be closely following the tone of the FOMC's statement on the current conditions of the US market as speculation grows on whether the Fed might redouble crisis-era spending policies to bolster the economy. "Next week is all about the Fed," said analyst Gina Martin of Wells Fargo Securities. "It almost feels like the market is lying waiting for the Fed meeting next week because there are so many rumors whether or not we are going to get quantitative easing or some signals on inflation target," she told AFP. In its economic survey ahead of Tuesday's meeting, the Federal Reserve noted continued growth in national economic activity between mid-July and the end of August, "but with widespread signs of a deceleration." The Fed has already pumped hundreds of billions of dollars into the economy since a home mortgage meltdown triggered the worst financial crisis in decades and plunged the economy into recession in December 2007. Most analysts however do not expect the Fed to decide to inject more cash in what some calls quantitative easing, a further effort to spur growth with interest rates already near zero. "If we don't get a signal that the Fed is continuing to do everything they can... we can disappointed," Martin said. "I don't think the market is really expecting quantitative easing next week, but they are expecting the Fed to acknowledge that conditions are weaker, and to signal quantitative easing in the next couple of months if the data remain weak." Recommend Send IM Story Print News Search Top Stories Sunderland deny Arsenal win in Premier League Wall Street ends week up, awaits Fed meeting New rules to force German banks to raise 50 bln: report Harvard lawyer to head US consumer watchdog Lindsay Lohan fails drug test, faces jail again More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Lindsay Lohan fails drug test, faces jail again Samsung takes aim at Apple's iPad, iTunes Harvard lawyer to head US consumer watchdog ACS defends takeover bid for Hochtief City, Liverpool win as Europa League gorges on goals More Most Viewed » Climate: New study slashes estimate of icecap loss US pastor puts Koran-burning on hold 'Time bomb' superbug requires global response: doctor Japanese rider Tomizawa dies in San Marino Moto2 GP Vitamin B 'could delay Alzheimer's onset' More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

Other News on Sunday, 19 September 2010
U.S. woman held in Iran leaves Oman on way home
Mauritanian troops battle Al-Qaeda-linked fighters in Mali
Iran's Ahmadinejad meets Syrian leader
Thousands surround Merkel office in nuclear protest |
Tens of thousands protest against German nuclear plan
Four killed in Iran kidnap rescue: report
Sudanese migrant shot dead at Egypt-Israel border
Canadian convicted of lying in Air India bomb case |
Afghans vote for parliament amid threats, attacks
Police: Safety lapse likely caused Sri Lanka blast
US hiker freed by Iran is on her way home
Troops open fire in Indian Kashmir, killing 3
Hurricane Igor bears down on Bermuda
London hotel opens Jimi Hendrix shrine
WikiLeaks founder 'free to leave Sweden'
Clinton hopes for 'responsible' leadership in Iran
Swedish parliamentary elections open
Fraud concerns weigh on early Afghan vote count |
Microsoft, jostle for US search share
Ahmadinejad asks US to free 'illegally' held Iranians
Pope apologizes on abuse, thousands protest in London |
Pope beatifies convert on final day of British trip
Sunderland deny Arsenal win in Premier League
Afghans praised for voting in shadow of violence
Wall Street ends week up, awaits Fed meeting
U.S. army charges 5 soldiers over Afghan murders: report |
NATO plans 'slimline military command'
Afghan observers question election as tally starts
Japan mulls drilling near disputed gas field: media |
New rules to force German banks to raise 50 bln: report
Swedes vote in election clouded by far-right advance
Afghans vote despite attacks; turnout appears low
ETA says ready to go further for peace: report
Two foreigners wounded in Delhi shooting: TV |
Four Buddhists killed in restive Thai south |
Rockets, threats disrupt Afghan election in south
Mauritanian troops battle Al-Qaeda-linked fighters in Mali
Bomb deactivated at Mexican mall: report |
European Roma rights groups threaten to take France to court
Taiwan shuts down as typhoon makes landfall |
Facebook fervor feeds "The Social Network" fascination
Hurricane Igor bears down on Bermuda
Obama, ASEAN to call for peaceful end to sea spats
Japan notes China's 'restraint' of protests
US hiker freed by Iran is on her way home
Maradona due in China 'for charity lunch with fans'
Philanthropist sees China as charity superpower
Authorities: 6 dead in church van crash in NY
Facebook fervor feeds "The Social Network" fascination
US-ENTERTAINMENT Summary
Four Buddhists killed in restive Thai south
"The Bang Bang Club" relives apartheid's last days
Australia to go to C.Games despite security threat
Microsoft, jostle for search market share
Nicosia's abandoned airport comes alive, for a night
Australian PM calls for truce with rivals
World-famous Munich beer fest drinks to 200th birthday
Sumitomo to produce fibre-optic cables in China: report
N.Korea beefs up arsenal near border with South: report
Limbless Frenchman swims Channel
Fed expected to wait and see as economy convalesces
Powerful typhoon lashes Taiwan
Thai 'Red Shirts' rally to mark 2006 coup, May crackdown
S.Korea c.bank head: Japan needs FX coordination
Canadian guilty of lying in 1985 Air India bomb case
S.Korea Aug biz startup/failure ratio at 3-mth low
S.Korea firms see recovery slowing down
The Bang Bang Club relives apartheid's last days |
Indian conglomerate in talks about MGM bid |
Twin Baghdad car bombs kill at least 29
Three bombs kill 18, wound scores in Iraq |
Two car bombs in Iraqi capital kill 12 and wound dozens
Two wounded after gunmen attack tourist bus in Delhi |
Iran detains seven U.S. troops
Cross controversy mars historic service in Turkey
US soldiers accused of killing Afghans 'for sport'
Sweden government seen getting re-elected |
12 killed, 48 wounded, in twin Baghdad car bombs
Iran denies detaining seven U.S. troops |
Ahmadinejad asks US to free 'illegally' held Iranians
Nigeria security adviser quits to challenge Jonathan |
Iran jails rights activist for 'warring against God'
Typhoon injures 45 in Taiwan |
Thai "red shirts" return for symbolic rallies
Three more protesters die in Indian Kashmir
China suspends contacts as Japan boat row deepens
Typhoon injures 45 in Taiwan
Taiwanese tourists shot in attack at Delhi mosque
'Master of blue jeans' holds key to fashion riddle
U.S. army charges 5 soldiers over Afghan murders
Gunmen attack tourist bus in Delhi, two wounded
Authorities search for 13 from 'cult-like' sect
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01