N.Y. Gov. Paterson won’t seek re-election: WSJ
SAN FRANCISCO (MarketWatch) — Gov. David Paterson will not seek re-election in November, The Wall Street Journal reported in its online edition Friday
Treasurys mostly up after home sales, sentiment
NEW YORK (MarketWatch) — Treasury prices were mostly higher on Friday, though short-term yields remained higher, after a pair of reports showed consumer sentiment dipped this month and existing home sales fell 7.2% in January. Yields on 10-year notes , fell 1 basis points to 3.62%, near the lowest in almost three weeks.
Gold dips lower then resumes modest climb
SAN FRANCISCO (MarketWatch) — Gold futures briefly dipped lower Friday after a report showed existing home sales fell 7.2% in January, while a separate survey showed consumer sentiment in February fell slightly, just under expectations. Gold for April delivery turned lower after the data but recently recouped those losses to post a modest gain, with the contract $1.20, or 0.1% higher, at $1,109.7 an ounce. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move
U.S. stocks down along with sentiment, home sales
NEW YORK (MarketWatch) — U.S. stocks fell Friday after the National Association of Realtors reported sales of existing homes fell 7.2% in January and a measure of consumer sentiment fell. The Dow Jones Industrial Average fell 48.44 points to 10,272.59
Existing-home sales fall 7.2% to 7-month low
WASHINGTON (MarketWatch) – Resales of U.S.
Drug stocks inch higher; Cleveland BioLabs sinks
BOSTON (MarketWatch) — Drug stocks inched higher in early action Friday while shares of Cleveland BioLabs plunged on news of a private stock placement. The NYSE Arca Pharmaceutical Index and the NYSE Arca Biotechnology Index both rose marginally to 301.96 and 1037.85, respectively. Shares of Cleveland BioLabs were down 18% at $3.50
Retail stocks mixed; Gap pleases investors
NEW YORK (MarketWatch) — Retail stocks were mixed Friday after revised government data on the U.S.
U.S. stocks lower early on; AIG weighs
NEW YORK (MarketWatch) — U.S. stocks opened in an indecisive fashion on Friday after insurer American International Group Inc
Tech stocks erratic in early trading
SAN FRANCISCO (MarketWatch) — Technology stocks took some tentative steps forward in early trading Friday as the sector tried to recover from several days of losses. Small gains came from Apple Inc. , Seagate Technology and Hewlett-Packard Co
Energy stocks edge up in early action
NEW YORK (MarketWatch) — Energy stocks traded flat in early action on Friday. The NYSE Arca Oil Index dipped 0.1% to 1,017. The NYSE Arca Natural Gas Index rose 0.2% to 536