Business Market News News Headlines

AFP - London's FTSE 100 index of top companies stood at 5,5470.90 points, a loss of 0.12 percent, weighed down by losses to heavyweight mining shares.

AFP - Chinese share prices plummeted 4.47 percent on Friday as investors dumped Olympics-related stocks just hours before the opening of the Beijing Games, dealers said.

AP - Stocks headed for a higher open Friday, a day after a sharp pullback, as oil prices declined and investors awaited a government reading on worker productivity.

Reuters - Stock futures point to a higher opening on Wall Street, recovering after the previous session's sharp drop as softer oil further eases inflation concerns.

Reuters - A banking group has renewed its plea to the Securities and Exchange Commission to broaden a rule aimed at curbing abusive short selling and market manipulation.

AFP - Troubled US banking giant Citigroup has agreed to buy back 7.5 billion dollars' worth of tainted securities it marketed to tens of thousands of investors, US regulators announced Thursday.

AP - Wall Street headed for a mixed open Thursday as investors awaited government readings on unemployment and consumer credit.

Reuters - (Reuters) Futures for the Dow Jones industrial average, the Nasdaq 100 and the S&P 500 share indexes were mixed on Thursday, ranging from down 0.3 percent to up 0.1 percent. The indicative Dow Jones index (.DJII) was down 0.3 percent.

AFP - US stocks closed higher Wednesday as oil prices fell again, offering inflation relief, and Cisco's bright outlook lifted sentiments.

AP - A hedge-fund swindler accused of faking his own suicide tried to plead guilty Wednesday for going on the lam, but his case was postponed for six weeks after he told the judge that his drug therapy was affecting his ability to think clearly.

AP - Wall Street headed for a mixed open Wednesday after troubled mortgage financier Freddie Mac reported a larger-than-expected second-quarter loss.

Reuters - (Reuters) September Dow Jones and Standard & Poor's futures were roughly flat on Wednesday, suggesting the blue-chip indexes (.DJI) (.SPX) may get off to a steady start after Tuesday's hefty gains.

Reuters - Stocks extended gains on Tuesday, lifting the Dow more than 2 percent, as a sharp pullback in oil prices fueled hopes of a consumer and business spending revival and eased inflation concerns.

AFP - Europe's main stock markets rebounded strongly on Tuesday as inflationary concerns eased with tumbling oil prices and the banking sector rose amid bumper profits at Standard Chartered, traders said.

AP - Wall Street headed for a higher open Tuesday as investors awaited the Federal Reserve's meeting on interest rates and eyed with cautious optimism the declining price of oil.

AP - Stocks pulled off their lows Monday after a big drop in oil prices offset some of investors' concerns about a government report on inflation.

Reuters - Stocks sharply pared losses on Monday and the Dow industrials briefly turned positive as oil prices plunged by more than $5 a barrel.