WASHINGTON, Dec 9- The U.S. municipal bond market shrank to $3.686 trillion in the third quarter of the year, the smallest since the end of 2009, from $3.721 trillion in the second quarter of the year, according to Federal Reserve data released on Monday.» Read More
NEW YORK, Aug 16- U.S. stocks fell on Friday, following the largest one-day drop in almost two months a day earlier, as retailers took a beating after reporting lackluster earnings and high-dividend names were hurt by rising interest rates.
*Green Mountain Coffee Roasters' stock up, to join Nasdaq 100. *Nordstrom latest to report weak retail revenues, shares fall. said Rick Meckler, president of investment firm Liberty View Capital Management in Jersey City, New Jersey.
WASHINGTON/ NEW YORK, Aug 16- Wall Street banks are arguing that a proposal from U.S. regulators intended to rein in risk taking could severely hurt the $7 trillion repurchase market, a critical source of short-term loans in the financial system. Treasuries market and raise costs of funding for many institutions, senior Wall Street executives said in interviews.
*Oil steady as Egypt unrest sparks supply fears. NEW YORK, Aug 16- U.S. bond yields traded near two-year highs on Friday as investors worried the Federal Reserve will start scaling back stimulus next month, while world share indexes edged higher but were still headed for their biggest weekly fall in almost two months.
NEW YORK, Aug 16- World share indexes edged higher on Friday but were headed for their biggest weekly fall in almost two months, while U.S. bond yields traded near two-year highs as investors worried the Federal Reserve will start scaling back stimulus next month.
*Nordstrom among retail firms with weak revenue, shares dip. Nordstrom Inc on Thursday joined the list of consumer companies reporting lower-than-expected revenue, and the luxury department store chain cut its full-year sales and profit forecasts.
NEW YORK, Aug 16- U.S. stocks opened slightly lower on Friday, after the largest decline on Wall Street in nearly two months a day earlier set major indexes on course for their first back-to-back weekly declines since late June. The Dow Jones industrial average was down 21.35 points, or 0.14 percent, at 15,090.84.
*Nordstrom adds to list of weak retail revenues, shares fall. "We haven't seen the revenue growth the market was anticipating," said Rick Meckler, president of investment firm LibertyView Capital Management in Jersey City, New Jersey.
*Green Mountain Coffee Roasters to join Nasdaq 100. *From Wal-Mart and Gap to Macy's and McDonald's, chains that cater to middle- and lower-income Americans say they are feeling the pinch of an uneven economic recovery. *The Thomson Reuters/ University of Michigan Surveys of Consumers will release the preliminary August consumer sentiment index at 9:55 a.m..
LONDON, Aug 16- The dollar rose against a basket of currencies on Friday, drawing support from a rise in U.S. The dollar was up 0.3 percent against the yen at 97.65 yen, while the euro was slightly lower on the day at $1.3330. "
TOKYO, Aug 16- Japan's Nikkei share average fell for a second day on Friday led by financials, after Wall Street weakened as another batch of upbeat U.S. data added to speculation that the Federal Reserve may begin to trim its stimulus soon.
TOKYO, Aug 16- U.S. crude futures slipped early on Friday, weighed down by profit-taking after six sessions of gains, but worries over supply disruptions related to escalating violence in Egypt and Libyan oil outages supported prices. *NYMEX crude for September delivery was down 23 cents at $107.10 a barrel by 0026 GMT, after settling up 48 cents on Thursday.
*Wal-Mart slumps after sales decline; Cisco drags on tech shares. NEW YORK, Aug 15- U.S. stocks had the biggest one-day percentage drop since late June on Thursday in higher-than-average trading volume after poor results and outlooks from Dow components Wal-Mart and Cisco.
NEW YORK, Aug 15- U.S. stocks ended lower on Thursday, posting the biggest percentage decline since June 20, after disappointing results and outlooks from Dow components Wal-Mart and Cisco. Based on the latest available data, the Dow Jones industrial average was down 225.39 points, or 1.47 percent, at 15,112.27.
*Rally above $1,350 key resistance sets off buy-stop orders. *Silver posts best seven-day rally since October 2008. NEW YORK/ LONDON, Aug 15- Gold rose to a near two-month high on Thursday, gaining nearly 2.5 percent as a drop in the U.S. dollar triggered short-covering and a technical breakout once prices breached key resistance at $1,350 an ounce.
*Wal-Mart shares fall after results. NEW YORK, Aug 15- U.S. stocks fell on Thursday, as investors weighed disappointing results from blue chips Wal-Mart and Cisco, along with sturdy economic data that looked set to place the Federal Reserve on a path soon toward scaling back its stimulus.
*Weekly jobless claims near 6- year low, boost jobs outlook. WASHINGTON, Aug 15- The number of Americans filing new claims for jobless benefits fell to a near six-year low last week and consumer prices rose broadly in July, which could draw the Federal Reserve closer to trimming its massive bond buying program. Shares on Wall Street fell sharply and yields on U.S.
*Brent crude near $111 a barrel on unrest in Egypt. NEW YORK, Aug 15- Global equity markets swooned and bond prices sold off on Thursday after slightly upbeat U.S. jobs data and gains in consumer prices added weight to the view the Federal Reserve will soon begin to trim its massive bond-buying program.
*Wal-Mart shares fall after results. "It's a set of data that will add to the September tapering conversation," said Tom Porcelli, chief U.S. economist at RBC Capital Markets in New York. In a cross current to the strong economic data, Wal-Mart cut its revenue and profit forecasts for the year as U.S. shoppers were pinched by higher payroll taxes and pricier gasoline.
NEW YORK, Aug 15- U.S. stocks opened lower on Thursday on continued uncertainty over the next policy move by the Federal Reserve and after Wal-Mart earnings disappointed. The Nasdaq fell more than 1 percent, dragged down by shares of Cisco. The Nasdaq Composite Index was down 46.02 points, or 1.25 percent, at 3,623.26.