2011年8月24日星期三

US MARKET BREAKING NEWS 24/8

1. US Mortgage Applications Fall to Nearly 15-Year Low
2. Durable Goods Jump Much More than Expected, Up 4.0% in July, Analysts Expected 2.0% Increase

3. Stocks opened lower Wednesday, led by energy, as investors continued to worry over the global economy. BofA gained after Raymond James reiterated its "strong buy" rating on the firm.

4. Crude Oil Inventoreies Fell 2.2M Barrels, Gasoline Inventories Rose 1.4M Barrels; Gold Prices Down Nearly 3%

5.Google Reaches $500 Million Settlement With US Government: New York Times.

6. Stocks see-sawed between small gains and losses Wednesday as investors were encouraged by a stronger-than-expected durable goods orders report, but remained cautious ahead of Federal Reserve Chairman Ben Bernanke's Jackson Hole speech at the end of week.

7. Stocks rallied to close higher for the third session in choppy trading Wednesday, but investors remained cautious ahead of Federal Reserve Chairman Ben Bernanke's Jackson Hole speech at the end of week. BofA surged 11%, while gold settled below $1,760 an ounce.

8. Steve Jobs resigned as the CEO of Apple, the company he founded and helped turn into a tech titan. The board named Tim Cook, the company's chief operating officer, as his successor.

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