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| | | ... points and the All Ordinaries hitting 6515.2 points. NEW YORK - US stocks closed almost flat, as hopes that the Federal Reserve would once again slash interest rates counteracted two profit warnings from retailers. The warnings came from home improvement ... |
| | | | ... Recent US interest rate cuts are set to benefit our dollar in particular and many economists are expecting the Federal Reserve to further cut rates from 4.5 per cent to 4 per cent. While International Monetary Fund managing director, Rodrigo De Rato ... |
| | | | ... the Australian market this morning, which had been steered by gains in the US markets on Friday following the Federal Reserve's interest rate cut. "Quite a number of stocks are going ex-dividend today, which I thought would have restrained affairs," ... |
| | | | ... sharemarket is expected to open higher today after substantial Wall Street gains on Friday in the wake of the Federal Reserve's interest rate cut. At 0802 AEST on the Sydney Futures Exchange, the December Share Price Index was up 28 points to 6450. Today ... |
| | | | ... prices and a tumbling dollar rekindled concerns about inflation and snapped a two-day rally that was sparked by the Federal Reserve's bold cut in interest rates. The Dow Jones industrial average fell 48.86 points to 13,766.70 and the Standard & Poor's ... |
| | | | ... Exchange. NEW YORK - US stocks rose on Wednesday, led by finance companies, drug makers and manufacturers, after the Federal Reserve cut interest rates the day before. The Dow Jones industrial average lifted 76.17 points to 13,815.56. The Standard & ... |
| | | | ... cent, as a credit crunch generated by defaults in the US sub-prime mortgage market threatened the US economy. The Federal Reserve also cut its discount rate for direct central bank loans by 50 basis points to 5.25 per cent. The cut in interest rates ... |
| | | | ... are the three month PM kerb close on the London Metal Exchange. NEW YORK - US stocks jumped on Tuesday after the Federal Reserve slashed interest rates and raised hopes the economy could ride out a prolonged housing slump and turmoil in the credit market. ... |
| | | | ... the credit markets would spread. Oil prices rose to a record again, fanning inflation concerns a day before the Federal Reserve is expected to cut interest rates. The Dow Jones industrial average fell 39.10 points, or 0.29 per cent, to 13,403.42. The ... |
| | | | ... kerb close on the London Metal Exchange. NEW YORK - US stocks edged up on Friday, buoyed by expectations of the Federal Reserve's decision on interest rates this week. The Dow Jones industrial average rose 17.64 points to 13,442.52 and the Standard & ... |
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