NEW YORK Technology shares pushed the Nasdaq higher on Monday on an otherwise flat day for stocks, led by BlackBerry maker Research in Motion and Cisco Systems.
Global economic growth is robust and improving financial markets mean some policy stimulus can be withdrawn, top central bankers agreed Monday.
U.S. stocks were little changed Monday, following Friday's hefty gains. On Friday, the Federal government said 36,000 U.S. jobs were lost last month, well below expectations of 50,000. At the close of trading Monday the Dow Jones Industrials were down 13.68 points or 0.13% at 10,552.52. The Nasdaq Composite was up 5.86 points or 0.25% at 2,332.21.
KANSAS CITY, Mo. - H&R Block Inc. on Monday said its fiscal third quarter profit rose 7 percent, as lower costs offset a revenue drop that stemmed from handling fewer returns.
The Federal Reserve is beginning a program to drain some of the unprecedented liquidity it added to markets during the credit crisis.
Published: Sunday, March 7, 2010 at 2:29 p.m. Last Modified: Sunday, March 7, 2010 at 2:29 p.m. THE BREAKUP: During last year's big market rally, the dollar consistently fell on days when stocks rose, and vice versa.
Bank of India to 51 percent from 55 percent, seeking to raise $1.2 billion at current market prices from the key reform move.
March 8 -- Nancy Koh, director of Asian corporate research at BCP Securities Asia Ltd., talks with Bloomberg's Susan Li about China's property market and corporate bonds.
March 8 -- Brian Jackson, an emerging-markets strategist at Royal Bank of Canada in Hong Kong, talks with Bloomberg's Susan Li about his investment strategy for emerging-market stocks.
In this file photo of March 9, 2009, Nicholas Brigandi, center, of NYSE Euronext helps direct trading in shares of Merck & Co.
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