Despite Overseas Weakness, US Durable Goods Rise
US: Trading
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NEW YORK, May 24- U.S. stock index futures trimmed declines on Friday after data showed orders for durable goods rose more than expected last month, providing an encouraging sign for the factory sector.
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NEW YORK-- Shares of Salesforce.com Inc. tumbled in premarket trading Friday after the company said its losses widened as it spent more money to expand its online software service in an effort to maintain its rapid growth.
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NEW YORK, May 24- U.S. stock index futures fell on Friday, setting up Wall Street for its first weekly decline since mid April, amid concern the central bank may scale back its support to the economy.
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*FTSEurofirst 300 down 0.5 pct, FTSE 100 down 0.7 pct. LONDON, May 24- European shares edged lower on Friday, dragged down by heavyweight bank HSBC and some technical selling as key indexes tested support levels, igniting concerns about further falls.
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SINGAPORE, May 24- Gold edged lower on Friday as the dollar and equities regained momentum after a volatile trading session the day before, and as holdings in bullion-backed exchange-traded funds fell to fresh four-year lows. *Spot gold fell 0.17 percent to $1,388.36 an ounce by 0030 GMT, not far off two-year lows of $1,321.35 seen in mid-April.
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TOKYO, May 24- Japan's Nikkei share average is expected to rebound on Friday after a 7.3- percent dive in the previous session, its biggest one-day percentage drop in two years after weak Chinese factory data rattled investors.
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SANTA CLARA, Calif.-- Chip maker Marvell Technology Group Ltd. said Thursday that its first-quarter net income fell sharply as revenue declined, but the results beat Wall Street's expectations. Excluding special items, Marvell earned 19 cents per share in the latest quarter.
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Sales fall 9 percent, missing Wall Street estimates. May 23- U.S. retailer Sears Holdings reported a bigger-than-expected quarterly loss as cooler weather hurt sales at its stores, indicating that the company's turnaround could take much longer than expected.
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*Weak manufacturing in China, Europe, U.S. spur buying. The combination of the weaker dollar and the drop in equities markets has triggered fairly robust safe-haven buying in gold, "said James Steel, metals analyst and senior vice president at HSBC in New York.
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NEW YORK, May 23- U.S. stocks slipped on Thursday but finished sharply off their session lows as a rally in Hewlett-Packard's shares offset worries about weak Chinese manufacturing data and the prospects of the Federal Reserve reducing its monetary stimulus.
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*Japan, Europe tumble after weak data from China, euro zone. U.S. shares ended mildly lower after a volatile session, bucking the trend of overseas indexes, which fell sharply as weak data in Europe and China underlined the uncertain growth outlook.
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NEW YORK, May 23- U.S. stocks edged down on Thursday but rebounded sharply from their session lows as a rally in Hewlett-Packard's shares offset worries about weak Chinese manufacturing data and the prospects of the Federal Reserve reducing its monetary stimulus.
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NEW YORK, May 23- U.S. stocks hit session highs in a volatile session on Thursday with the Dow industrials posting a second straight swing of more than 160 points as investors digest the Federal Reserve's evolving policy stance.
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NEW YORK, May 23- U.S. stocks mostly edged lower on Thursday but were sharply off their session lows as a rally in Hewlett-Packard's shares offset worries about weak Chinese manufacturing data and the prospects of the Federal Reserve reducing its monetary stimulus.
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A sustained slowdown in China would rattle the sector with double-digit gaming revenue from Macau. Macau, an hour from Hong Kong by high-speed hydrofoil ferry, is a key market for casino operators such as Las Vegas Sands Corp., Wynn Resorts Ltd. and MGM Resorts International, which are investing heavily in new casino resorts.
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NEW YORK-- A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Advanced Micro Devices Inc. rose 1.3 percent to $4.01 with 23,755,300 shares traded. Bank of America Corp. fell. 3 percent to $13.27 with 122,899,600 shares traded.
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Cirrus Logic Inc. fell 17.9 percent to $18.13 with 14,959,900 shares traded. Cisco Systems Inc. rose. 7 percent to $23.50 with 26,854,300 shares traded. Facebook Inc. rose. 4 percent to $25.26 with 23,314,600 shares traded.
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NEW YORK, May 23- U.S. stocks slipped on Thursday, recovering from session lows as encouraging domestic economic data and a rally in Hewlett-Packard's shares offset concerns about the timing of any reduction in the Federal Reserve's monetary stimulus.
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NEW YORK, May 23- U.S. The bond market was on another roller-coaster ride on heavy volume, a day after remarks by Federal Reserve Chairman Ben Bernanke about the U.S. central bank's bond purchase program prompted a massive sell-off in Treasuries.
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NEW YORK, May 23- U.S. stocks pared their losses on Thursday, with the Dow turning positive on strength in Hewlett-Packard Co and Boeing Co. HP soared 14.1 percent to $24.22 a day after raising its profit outlook, while Boeing gained 1.9 percent to $99.82. The Nasdaq Composite Index was down 1.01 points, or 0.03 percent, at 3,462.29.