Newspaper article from our research archive:
|
|
Hopes of rate cut, strong earnings lift Wall St., Dow up 190 points.
- Article from:
-
Kyodo News International (Tokyo, Japan)
- Article date:
-
October 2, 2007
|
Copyright informationCOPYRIGHT 2007 Kyodo News International. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Oct. 2--NEW YORK -- Strong expectations for another interest rate cut by the Federal Reserve and solid corporate earnings combined to send Wall Street soaring Monday, with the Dow ending at its record high after briefly surging 219 points.
The Dow Jones Industrial Average of 30 blue-chip issues advanced 191.92 points, or 1.38 percent, from Friday to close at 14,087.55, marking its sixth biggest single-day gain for the year and exceeding its previous intraday high of 14,021.95 reached July 17 and closing high of 14,000.41 set July 19.
The tech-heavy Nasdaq Composite Index climbed 39.49 points, or 1.46 percent, to 2,740.99, finishing at its highest level in six years and ...
Related newspaper, magazine, and journal articles:
|
Canadian Forex Midday: C$ Softens Following BOC Rate Cut.
Resource News International;
December 4, 2007 ;
216 words
...Byline: Resource News International WINNIPEG, MB, Dec 04, 2007 (Resource News International via COMTEX) -- The Canadian...announced the interest rate cut, citing concerns about...Copyright 2007 Resource News International
|
|
Kyodo News International, Tokyo, Currency Outlook Column.
Knight Ridder/Tribune Business News;
June 21, 2003 ;
493 words
......Yoshino Matsui, Kyodo News International, Tokyo Knight Ridder/Tribune...the likelihood of the rate cut, but it is unlikely to...report that a half-point rate cut seems to be more likely...dollar following a U.S. rate cut. A rate cut led investors...To see ...
|
|
Dow Rises in Wake of Fed Rate Cut; Netscape Soars.
PR Newswire;
November 18, 1998 ;
294 words
......Wednesday on carryover from Tuesday's Federal Reserve interest rate cut, Market News International reported. The Dow Jones Industrials rose 54.83 to 9,041...decliners led advancers 1,518 to 1,488. Despite Tuesday's rate cut of 25 basis points, the third such in seven weeks, many...
|
|
Canadian Forex Midday: C$ Firms On News Of Rate Cut.
Resource News International;
January 22, 2008 ;
327 words
...Byline: Resource News International WINNIPEG, MB, Jan 22, 2007 (Resource News International via COMTEX) -- The Canadian...level in weeks. An interest rate cut by the Canadian central...Copyright 2007 Resource News International
|
|
TSX Review: Index Down Again, Interest-Rate Cut Imminent.
Resource News International;
June 25, 2003 ;
215 words
...Winnipeg, MB, Jun 25, 2003 (Resource News International via COMTEX) Toronto stocks closed lower Wednesday as...absorbed the implications of a less than expected interest rate cut by the US Federal Reserve, analysts said. The TSX index...figures are in Canadian dollars.) Copyright 2003 Resource ...
|
|
Canadian Forex Midday: C$ Weakens on Unexpected Rate Cut.
Resource News International;
July 15, 2003 ;
287 words
...Winnipeg, MB, Jul 15, 2003 (Resource News International via COMTEX) The Canadian dollar is trading at a significantly...overnight target rate. However, they did envision that a rate cut would be inevitable before the end of the year. Canada...up 9.11 points at 1103 CT. Copyright 2003 Resource ...
|
|
FED: Markets on alert for rate cut
AAP General News (Australia);
February 3, 1999 ;
242 words
......02-03-1999 FED: Markets on alert for rate cut CANBERRA, Feb 3 AAP - Financial markets will be on alert for a possible interest rate cut this morning following yesterday's first...Although most economists don't expect a rate cut until later in the year, they were caught...
|
|
Planned rate cut doesn't affect Chubu Electric Power Co.'s S&P ratings.
Kyodo News International (Tokyo, Japan);
July 29, 2004 ;
192 words
......announcement earlier this week of a rate cut for all user segments from next...agency said. To see more of Kyodo News International, go to http://www.kyodonews.com (c) 2004, Kyodo News International, Tokyo. Distributed by Knight Ridder...
|
|
FED: Crean says banks should pass on rate cut to everyone
AAP General News (Australia);
December 2, 1998 ;
173 words
......12-02-1998 FED: Crean says banks should pass on rate cut to everyone CANBERRA, Dec 2 AAP - It was important banks passed the interest rate cut on to everybody and not just home owners...it was important for banks to adopt the rate cut. "And not only in relation to mortgages...
|
|
Columbia, S.C.-Area Housing Industry Is Cheered by Interest Rate...
Knight Ridder/Tribune Business News;
January 5, 2001 ;
454 words
......and home builders a reason to smile. The rate cut -- the Fed trimmed a key short-term rate...enthusiastic about 2001. But, in some ways, the rate cut was in some ways a mixed blessing. Short-te...probably, Clark said. The key is that it (the rate cut) opened the gates. In the first ...
|
|
Canadian Forex/Bond Review: C$ Finishes Session Weaker on Rate Cut.
Resource News International;
July 15, 2003 ;
278 words
...Winnipeg, MB, Jul 15, 2003 (Resource News International via COMTEX) The Canadian dollar finished the session...bank's favor toward a rate reduction. This is the first rate cut made by Governor David Dodge since January, 2002 when...lowering U.S. market activity. Copyright 2003 Resource News ...
|
|
Fed: Rate cut saves homebuyers another $22 a month
AAP General News (Australia);
December 5, 2001 ;
425 words
......General News (Australia) 12-05-2001 Fed: Rate cut saves homebuyers another $22 a month By...continued economic weakness overseas. The rate cut will save homebuyers $22 a month on the...first to announce they would pass on the rate cut in full. Industry groups welcomed today...
|
|
Canadian Forex Midday: Data, Rate Cut Worries Weigh on C$.
Resource News International;
February 20, 2004 ;
319 words
...Winnipeg, MB, Feb 20, 2004 (Resource News International via COMTEX) Weaker-than- expected Canadian data Friday raised forecasts of an interest rate cut by the Bank of Canada next month, and weighed heavily...points at 1141 CT (1741 GMT). Copyright 2004 Resource News International News ...
|
|
Rate Cut Heralds Better Development Prospects: Experts
Xinhua English Newswire;
August 26, 1996 ;
662 words
......market analysts hailed last week's interest rate cut as heralding a new takeoff of the national...and the securities market. "The interest rate cut is an important signal for a new round...outstanding problem in China's economy, the rate cut can serve as an incentive to boosting...
|
|
Fed: RBA says here s a big rate cut, but everything s okay
AAP General News (Australia);
April 4, 2001 ;
383 words
......04-04-2001 Fed: RBA says here s a big rate cut, but everything s okay By Jim Hanna, Economics...per cent from 5.5 per cent is the third rate cut in as many months. It is also only the...cents to just over 49 US cents after the rate cut was announced. Normally a rate cut ...
|
See all results.
Or, try our
Advanced Search.
|