08-22-2008
             


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Stocks end mixed on rising oil, financial worries (AP)

Traders work in the oil pit, left, and options pit, right, at the New York Mercantile Exchange Thursday Aug. 21, 2008. Oil prices have rebounded after falling about $35, or nearly a quarter, from their all-time trading record $147.27 on July 11. (AP Photo/Richard Drew)AP - Wall Street finished mixed Thursday after investors largely shrugged off a jump in oil prices and focused instead on a bullish call on Lehman Brothers Holdings Inc. that eased worries about the financial sector.




Energy lifts Dow and S&P but credit worries remain (Reuters)

A board at the New York Stock Exchange shows the final tally for the day, June 26, 2008. (Brendan McDermid/Reuters)Reuters - The Dow and S&P 500 rose on Thursday as surging oil prices drove up energy shares, though fresh fears of more credit losses on Wall Street kept gains modest and pushed the Nasdaq into negative territory.




Leading economic indicators fell sharply in July (AP)
AP - A private business group's measure of the economy's health showed the largest drop in one year as stocks fell, new building permits declined and unemployment rose.

European shares head lower (AFP)

A trader shows the GCDS index curve at a bank in Paris, January 2008. Europe's main stock markets dropped, bringing a swift end to a brief rally, amid investor unease about a global economic slowdown.(AFP/File/Jean Ayissi)AFP - Europe's main stock markets dropped on Thursday, bringing a swift end to a brief rally, amid investor unease about a global economic slowdown.




Daimler denies trucks spinoff being mulled (Reuters)

Details of a Mercedes London taxi are seen in London August 7, 2008. (Stephen Hird/Reuters)Reuters - Daimler AG (DAIGn.DE) denied a magazine report on Thursday that it was considering more job cuts and may spin off its market-leading trucks business as a way to help boost its weak share price.




London shares close higher (AFP)

An installation at the London stock exchange. London shares closed nearly 1% higher, breaking a three-day losing streak as commodities made gains. London's FTSE 100 index finished up 0.97 percent at 5,371.80 points.(AFP/File/Ben Stansall)AFP - London shares closed nearly 1% higher Wednesday, breaking a three-day losing streak as commodities made gains.




China stocks jump on speculation over policy plans (AP)

An investor smiles as he looks at the stock price monitor at a private security company Wednesday Aug. 20, 2008 in Shanghai, China. Chinese stocks have posted their biggest gain in nearly four months on speculation Beijing plans new economic stimulus measures and other policies aimed at reviving the country's languishing markets. The benchmark Shanghai Composite Index jumped 7.6 percent Wednesday to 2,523.28. (AP Photo)AP - Chinese stocks surged Wednesday in their biggest gain in nearly four months on speculation Beijing plans new economic stimulus measures and other policies aimed at reviving the country's languishing markets.




China shares surge 7.63 pct on policy support hopes (AFP)

File photo shows a Chinese investor passing a stock price board at a private securities firm in Shanghai. Chinese share prices have surged to close 7.63 percent higher on Wednesday amid renewed hopes that Beijing will soon act to support the ailing stock market(AFP/File/Mark Ralston)AFP - Chinese share prices surged to close 7.63 percent higher on Wednesday amid renewed hopes that Beijing will soon act to support the ailing stock market, dealers said.




Global stocks gain, dollar rises towards 2008 peak (Reuters)

A man looks at an electronic board displaying share prices in Tokyo August 19, 2008. (Yuriko Nakao/Reuters)Reuters - World stocks edged higher on Wednesday after the previous day's tumble to their lowest level in almost two years attracted some buyers, while rebounding commodity prices helped resource shares.




China shares surge 5.89 pct by midday (AFP)

File photo shows Chinese investors in front of a stock price board at a private securities firm in Shanghai. Share prices have surged 5.89 percent in China amid speculation that authorities will soon launch new measures to boost the ailing stock market(AFP/File/Mark Ralston)AFP - Chinese share prices surged 5.89 percent by midday Wednesday amid speculation that the authorities will soon launch new measures to boost the ailing stock market, dealers said.