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Low Volume Trading
Sep 09, 2:03 PM ET |
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| Oil prices surged over $65 a barrel on refinery shutdowns and forecasts of 10-year high energy costs. |
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| Texas Instruments raised its 3Q earnings and sales outlook. Intel tightened its 3Q guidance range. PalmSource gained as the company agreed to be acquired by Japan's Access for $324.3 million. Energy and gold sectors advanced 1.8% and 2.1% respectively. The overall import prices for August rose 1.3% from 0.8% In July, up from the expected increase of 1.2%. |
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Tech Stocks Lifted Averages
Sep 09, 11:24 AM ET |
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| Crude-oil rose over $65 a barrel. The import price index for August rose 1.3%, up from the expected rise of 1.2%. |
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| U.S. markets are trading higher, boosted by major tech companies like Texas Instruments and Intel. PalmSource gained as the company agreed to be acquired by Japan's Access for $324.3 million.Energy and gold sectors advanced, while the transportation sector declined. |
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Strong Opening Despite Rising Oil
Sep 09, 9:00 AM ET |
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| Oil prices hover around $65 a barrel. The dollar was mixed. Gold declined in European trading. |
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| Asian markets ended mixed with the Nikkei up 1.3% on tech stocks, China's Shanghai Composite was down 0.4% on profit-taking. European stocks were higher at mid-day on strong semiconductor sector. U.S. giant Texas Instruments raised 3Q outlook, projecting 36 to 38 cents a share. Import prices index for August is awaited. |
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