Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1221 - 1230 of 1265 results for "US DOL"

Morning market wrap: US bonds weaker on strong labour data

US bond yields renewed their ascent of recent weeks, spurred by data from the US Labor Department showing a sharp drop in initial claims for unemployment benefits in mid-July. Claims fell 29,000 to 386,000 in the week to 19 July, the first time the ...

Midday market wrap: Australian shares broadly unchanged in quiet trade

The Australian share market drifted sideways in morning trade, without a strong lead overnight from major offshore markets. By late morning the All Ordinaries had crept to 3,069.4, a bare 1.3 point gain from last night's close. Buying was again evident ...

Morning market wrap: US stocks, bonds modestly higher

US share and bond markets were modestly higher in overnight trade, although the US dollar weakened on renewed uncertainty over the strength of the US recovery. At the end of trade, the Dow Jones industrial average had edged up 35.8 points (0.4%) to ...

Morning market wrap: US shares regain lost ground

AAP  |  WEDNESDAY, 23 JUL 2003
US shares bounced back overnight on news of the deaths of Saddam Hussein's two sons and a series of solid earnings reports. The Dow Jones industrial average jumped 61.8 points (0.7%) to 9,158.5, while the S&P 500 gained 9.3 points (1.0%) to end at 988.1. ...

Morning market wrap: US bonds continue sell-off

US bond yields jumped sharply higher overnight, continuing the sell-off that began in earnest with Fed chairman Alan Greenspan's Congressional testimony last week. The yield on the benchmark 10-year government bond rose 21 basis points to 4.21%, and ...

Growing US current account deficit burden may fall on Asian currencies: ICAP

In the latest ICAP weekly insight released today, the focus was primarily on the US current account deficit, which at its unsustainably high level would require a large share of global capital to finance it. The ICAP report also highlighted the fact ...

Morning market wrap: US shares end week stronger

AAP  |  MONDAY, 21 JUL 2003
US shares closed the week on a stronger note, buoyed by favourable earnings reports from Microsoft and Ericsson. The rise also snapped a three-day streak of losses, prompted by Nokia's earlier announcement of a lacklustre earnings outlook. The Dow Jones ...

Morning market wrap: Tech sector drags US stocks lower

US stocks fell Thursday, as the market overlooked favourable economic data and focused on disappointing earnings news from tech bellwethers IBM and Nokia. The Nasdaq composite index suffered its biggest percentage fall in two months, losing 50.0 points ...

Morning market wrap: US bonds claw back losses

US bond yields edged lower overnight, clawing back some of the losses prompted by Alan Greenspan's upbeat semi-annual testimony to Congress. The yield on the 10-year Treasury bond fell 6 points to 3.92%, while the yield on the 5-year bond was down 5 ...

Morning market wrap: US bonds crunched by Greenspan

US bond yields spiked higher after Fed chairman Alan Greenspan presented to Congress an upbeat view of US economic prospects over the balance of 2003 and for 2004. Reassurances the Fed would hold the funds rate low "for a considerable time" were ignored ...