Roundup of world financial, banking and stock market news.

Tuesday, 5 January 2010

GLOBAL MARKETS-World stocks up; dollar down on US housing data


World stocks up; dollar down


Stocks extend new year rally [at Financial Times]


21:45 GMT. Another mild bout of dollar weakness lent further support to commodities and the global equity rally on Tuesday.

US stocks rise in choppy trade [at Financial Times]


A rally among airlines and a surprise jump in factory orders pushed US stocks higher in choppy trading on Tuesday.

US STOCKS-S&P, Nasdaq rise on factory orders, Ford; Dow dips


Expect Interest Rate Hike in June, Economist Chris Rupkey Says


With interest rates at historic lows and the economy recovering, a question is -- when will Ben Bernanke and team finally raise interest rates?"June is the final time" for rock-bottom rates and a likely rate hike, says our guest Chris Rupkey, ch

Trend Still Up But 2010 Is Not Going to Be Great, Philip Roth Says


The stock market's trend is still higher and investors should give the rally the benefit of the doubt but "I don't think 2010 is gonna be a great year," says Philip Roth, Miller Tabak's chief technical market analyst.Roth is far from a megabear,