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Showing 131 - 140 of 151 results for "Commerce Department"

US houses continue to burn

BENJAMIN ONG  |  FRIDAY, 18 JUL 2008
Market Movers Overnight The US housing market remains in a freefall. The US Commerce Department reported that housing starts increased to 1066K in June, a month-on-month rise of 9.1 percent. This was better than market expectations for a 1.8 percent ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 16 JAN 2008
... the worst of the impact on financial companies from the global credit crisis may be far from over. The US Commerce Department said retail sales unexpectedly fell in December, to close out the weakest year at the cash register since 2002, implying costlier ...

Market wrap - morning

AAP  |  MONDAY, 15 OCT 2007
... consistent with global sentiment that the US economy is proving resilient to the credit crunch," she said. The US Commerce Department reported on Friday night that retail sales in September jumped by a better than expected 0.6 per cent. The increase ...

Market wrap

AAP  |  WEDNESDAY, 21 JUN 2006
... NEW YORK - US stocks were mixed as strong housing data cooled fears about slowing economic growth. The US Commerce Department said housing starts rose in May faster than economists' predictions, but permits for future projects fell. The Standard & Poor's ...

Market wrap

AAP  |  MONDAY, 31 OCT 2005
... technology sector. The 3.8 per cent annual rate in gross domestic product in the third quarter, reported by the Commerce Department, relieved some concern about the impact of Hurricanes Katrina and Rita, as well as rising energy prices, on the US economy. ...

US trade deficit shrinks in May

AAP  |  WEDNESDAY, 14 JUL 2004
... unexpectedly shrank in May as exports shot to a record high, snapping a five-month run of bulging shortfalls, the Commerce Department said overnight. The deficit narrowed to a seasonally adjusted $US46 billion ($A63.44 billion) dollars from an unprecedented ...

Market Wrap

... equity markets overnight. All three major US stock indices scambled higher by the close of trade after the US Commerce Department released softer-than-expected housing starts data for April. Evidence of a cooling off in the housing market sparked investor ...

US GDP growth slows in Q4

AAP  |  MONDAY, 2 FEB 2004
... closing three months of 2003, less than half the third-quarter pace as consumers curbed their spending, the Commerce Department reported on Friday. The fourth-quarter expansion in gross domestic product caught markets by surprise, because it failed to ...

Midday Market Wrap: Dollar stronger at noon

... followed US dollar weakness and falling equities. The US dollar fell against its major rivals after the US Commerce Department confirmed it would install quotas on Chinese clothing imports, raising fears of protectionism and the US trade deficit. "We ...

Morning market wrap: Technicals push US stocks modestly higher

... 1,018.6, while the Nasdaq composite average gained 9.0 points (0.5%) to finish at 1,855.0. Earlier the US Commerce Department reported retails sales rose by 0.6% in August, which was below expectations and failed to reflect an apparent strong lift in ...