Stocks
U.S. Stocks Advance on Fed Pledge to Keep Rates Low to Safeguard Recovery U.S. stocks rose, with the Standard
& Poor’s 500 Index reaching a 17-month high, as the Federal
Reserve said it will leave its main interest rate near zero for
an extended period to safeguard the economic recovery.
Investors Buy Stocks as Concern Over Inflation Eases, Merrill Survey Finds Risk appetite rebounded as concern
eased that interest rates will have to rise later this year to
cool inflation, prompting investors to cut cash holdings and buy
equities, a BofA Merrill Lynch Global Research report showed.
Billionaire Zell Sees Gain in Stocks as Economy Improves, Housing Recovers Sam Zell, the billionaire investor
who once called himself a grave dancer for profiting from
troubled assets, said U.S. stocks are poised to extend the
biggest rally since the 1930s as the economy rebounds.
China Fire, General Electric, Intel, Popular, Wyndham: U.S. Equity Movers Shares of the following companies
had unusual moves in U.S. trading. Stock symbols are in
parentheses. Prices are as of 4 p.m. in New York.
Brazil's Bovespa Stock Index Rises as Metals Advance, PDG Earnings Double Brazil’s Bovespa stock index gained
for the first time in four days as rising oil and metals prices
boosted commodity producers and PDG Realty SA Empreendimentos e
Participacoes reported fourth-quarter earnings almost doubled.
Canada Stocks Advance on Factory Sales, Weaker U.S. Dollar; Barrick Rises Canadian stocks gained, led by raw
materials producers and banks, after factory sales rose the most
in 14 months in January and commodity prices advanced on demand
for a hedge against inflation as the U.S. dollar dropped.
Wal-Mart `Breakout' May Drive Retailer's Shares to $65: Technical Analysis Wal-Mart Stores Inc., the world’s
largest retailer, may rise about 17 percent after exceeding its
January high on surging volume, according to Janney Montgomery
Scott LLC technical analyst Dan Wantrobski.
Worst Returns Fail to Make U.S. Telephone Stocks Cheap: Chart of the Day Telephone companies in the U.S.
including AT&T Inc. have posted the worst returns during the
yearlong rally in the Standard & Poor’s 500 Index, and their
shares are expensive considering their growth prospects.
European Stocks Gain as S&P Confirms Greece's Rating; Barclays, BNP Climb European stocks climbed to an
eight-week high as Standard & Poor’s said it is no longer
reviewing Greece’s credit rating for possible downgrade.
U.K.'s FTSE 100 Index Climbs as Banks, Mining Shares Advance; RBS Rallies U.K. Stocks climbed, led by a
rebound in bank and mining shares, after Standard & Poor’s said
it’s no longer reviewing Greece’s credit rating for possible
downgrade.
Bulgari, Commerzbank, EADS, Oce, Publicis Groupe: European Equity Preview The following companies’ shares may
be active in European trading. Stock symbols are in parentheses
and share prices are from the last close.
Buy UniCredit Options After Rally, Sell Intesa's, Newedge Research Says Investors should buy UniCredit SpA
options because they are inexpensive and sell Intesa Sanpaolo
SpA’s contracts because they are overpriced, Newedge Group said.
Finland, Best-Performing Market in 2010, to Extend Rally, Fondita Says Finland’s Helsinki Stock Exchange
General Index, the best-performing developed equity market this
year, will extend its gains as Nokia Oyj and Finnish companies
closely tied to economic growth keep rising, according to the
country’s top-ranked fund.
Most Asian Stocks Rise on Bank of Japan Speculation; Sun Hung Kai Declines Most Asian stocks rose, led by
finance and consumer companies, amid speculation the Bank of
Japan will take more steps to ease deflation in the world’s
second-largest economy.