Claim or Create your Free Community Profile : Sign in / Sign up
Facebook rebounds but US stocks fall on dull data
May 31st, 2012
Stumbling Facebook shares got a shot of adrenalin Thursday and pushed five percent higher as US stocks traded lower Thursday on dull jobs and economic growth data. (Source: AFP) -
By Leah Schnurr NEW YORK (Reuters) - U.S. stocks continued their climb into uncharted territory on Friday, racking up the fourth week of gains in a row as encouraging economic data prompted investors to pick up shares of growth companies. The Dow and the S&P 500 finished at fresh record highs, driven by gains in energy and industrial shares. Th... [Full Article]
SITTWE, Myanmar (AP) - A cyclone only a day away carries wind and rain that could become deadly. But in dozens of refugee camps that spatter Myanmar's western coast, the order to evacuate ahead of the storm was met with widespread refusal. (Source: Associated Press)... [Full Article]
NEW YORK (Reuters) - U.S. stocks hit session highs in morning trading on Friday after a gauge of future U.S. economic activity rose to its highest level in nearly five years. The Dow Jones industrial average rose 64.81 points or 0.43 percent, to 15,298.03, the S&P 500 gained 9.33 points or 0.57 percent, to 1,659.8 and the Nasdaq Composite added... [Full Article]