Retail sales rebound boosts May gains in U.S. economy
The Commerce Department reports May retail sales rose 1-2 percent signaling a solid recovery, following a 0.6 percent drop in April. The trade deficit widened to a record 48.3 billion dollars in April as imports climbed to a record 142.3 billion. Exports fell 1.5 percent to 93.9 billion amid inflation fears on Wall Street.
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Washington
America
Commerce Department
May
U.S
Wall Street
Federal Reserve
Russ Koesterich
U.S. Equity
State Street Corp
Dow Jones
Inflation fears push stocks lower on Monday
Investors sold equities as higher rate worries mount after a stronger than expected retail sales report. The Dow fell 75.37 to 10,334.73 while the S P 500 slid 11.21 to 1,125.26 and the Nasdaq dropped 29.88 to 1,969.99 amid broad declines in financials and tech. International markets also eased as Japan and Europe posted declines.
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New York
Commerce Department
Standard & Poor
New York Stock Exchange
Japan
Europe
France
Britain
Germany
At&t
Obra NY
Ai Kroger
Ubrzal
Lucent Ny
Lyonded
RetalVent Gia
Comptech
Manzhou
TetonPet
RochMed
Motorola NY
BriEn H
Norte
Mar Apa
Atrix
CenterPat Ag
PanRoyals
Penney
Nash
PepsiCo
NORE
Ctgne
Perntiys Ny
Carel
Ffrest Ny
Idrugstre
ConocPhil
Ou Nasda Tsa Ag
Mo ShawGp
Lannett
QLT
Cualcom
Ai Wsiver G Sa
McLeo Pia
Djia Dam Amex
RoyiDut Ny
Dow Transportation
Ewesds
Dow Ulilies
DuPont
Martin
NY ST
Dukeeoy Wyall
SouthaCa
St Oa Ware
EnPro
Ceri
Swsthitt Ny
Russell
Ethyl NY
Spoa Amex
al Oa Gracie
GaMor
Intel Bne
ABA TeneWam
Awe
Moyear
A Inco
P MP
Djia Diam
SunMicro
Ratitan HY
Andleviv
Bhid American Funds
Astcaa
ApiiNall
Hewleip NY
UPSB
Ammercan
Wsha P
BemaGold
WES
HomeDp NY
Ussteal NY
Fitelity Invest
Contra XG
GokiSig
Cyberonic
Honwtinit NY
Veritas Nasd
Fidely Invest Magelin
WalMart HY
Iar Inte Nash
Walgmr NY
Janusen
Fiba NL
IBM
WellsFree
Rydex
Nove Lc
MT -Margane
Inia
Notaveil
Deva
Fune
Lipper, Inc
Soares
The
Associated Press
Oil prices fall on OPEC output boost in June
New York traders push oil lower as a preliminary Petrologistics report shows OPEC members including Saudi Arabia plan to raise June output to 29.55 million bpd, a 1.2 million bpd rise. July NYMEX crude settles at 37.59, with gasoline futures down to 1.1525 per gallon and heating oil at 98.24 cents.
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New York
Saudi Arabia
Organization of Petroleum Exporting Countries
OPEC
Phil Flynn
Alaron Trading Corp
Chicago
New York Mercantile Exchange
London
International Petroleum Exchange
U.A.E
Ed Lilliere
Energy Merchant
Energy Department
Energy Information Administration
U.S
EIA
Nymex
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