Tokyo stocks climb 90 points
Tokyo stocks opened higher Friday after the Dow Jones industrial average rose to its highest level in three months in New York. The dollar was higher against the yen.
(
Associated Press,
11/21/2002 05:32 PM PST)
Thursday's commodities roundup
Crude oil futures ended modestly higher Thursday, extending Wednesday's gains. Volume was light.
(
Associated Press,
11/21/2002 05:31 PM PST)
Tokyo Stocks Rise 2 Percent
Tokyo stocks surged more than 2 percent Thursday, led by Sumitomo Mitsui Banking and technology blue chips Toshiba and Fujitsu after optimism for a U.S. economic recovery spurred gains on Wall Street overnight. The dollar was lower against the yen.
(
Associated Press,
11/20/2002 11:12 PM PST)
Treasuries retreat as stocks advance
U.S. Treasury prices tumbled on Wednesday as a strong advance by stocks and a flood of corporate paper drew investor cash away from safe haven debt. Traders also reported selling from mortgage funds and technical sales in the futures market when key support levels cracked, all of which exacerbated the slide in a bond market plagued by seasonal illiquidity.
(
BY ELLEN FREILICH,
Reuters,
11/20/2002 07:08 PM PST)
IBM sells $2 billion of global bonds
International Business Machines Corp. (IBM.N), the world's largest computer maker, on Wednesday sold $2 billion of global bonds, taking advantage of low interest rates and strong investor demand.
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BY JONATHAN STEMPEL,
Reuters,
11/20/2002 04:17 PM PST)
Bonds prices drop sharply
Bond prices fell sharply on Wednesday as stock prices advanced.
(
Associated Press,
11/20/2002 04:15 PM PST)
Tokyo Stocks End Higher; Dollar Up
Tokyo stocks climbed more than 1 percent Wednesday as investors plowed cash into Sumitomo Mitsui Banking and other banks on signs that they might be carrying out painful restructuring and cleaning up bad loans. Export dependent automaker and technology shares also rose on the dollar's surge against the yen.
(
Associated Press,
11/19/2002 09:19 PM PST)
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