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Equity Market News 29th July 2010

Equity Org Headlines:

Crude, precious metals prices fall; base metals mixed

Oil prices fall as US inventories swell

Crude oil trades lower, but most metals prices rise

Crude prices up despite rising oil, gasoline inventories in US

Crude oil, metals prices start year with gains

Crude prices up, metals lower ahead of holidays

Natural gas prices rise as other energy, metals prices decline

Crude oil, metals prices jump on data

Crude falls in New York, metals gain on session

US inventories send oil prices lower

15/08/05

Permalink 03:26:12 pm, Categories: New York NYSE, Sectors, Entertainment, Leisure, News and Media, Airlines, 176 words  

New York markets all see gains on Monday trading

New York equities markets were up on Monday as the Dow Jones Industrial Average, the Nasdaq composite, and the S&P 500 all saw gains by the end of the day.

The Dow ended the day up 0.3 percent to 10,634.38, while the Nasdaq was up 0.5 percent to close at 2,167.04 and the S&P 500 gained 0.3 percent to 1,233.87. Oil prices that fell slightly helped the gains.

In the media sector, there were rumors that Dow Jones, the owner of the Wall Street Journal, might be for sale. Shares in Dow Jones were up by as much as 15 percent during the day, but closed lower than that but at a gain for the day of 11 percent to $41.14. Time Warner added 1.4 percent to $18.50 on the news that four investors are planning to pressure the company’s board of directors to buy back $20 billion in stock and spin off its cable business.

In the airlines sector, unconfirmed reports in the New York Times that Delta Air Lines was arranging financing for bankruptcy protection sent the air carrier’s stocks plummeting 13.7 percent.

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