Stocks soar -- as the blue chips enjoy their best June since 1999 -- after European leaders move to stabilize their banks. Apple and chip makers boost techs, but Research In Motion shares slump badly. Ford and Nike warn on European sales.
The week ahead starts with Apple's plans on what to do with its cash. It features earnings from Oracle, Nike, Lululemon, FedEx, Tiffany and General Mills. A host of housing reports may give stocks a push. Watch interest rates and oil prices.
Stocks end higher for the third week in the last four. The S&P 500 pushes into the black for 2011. A big report on durable-goods orders offsets weaker-than-expected reports on spending and new-home sales. Gold slips.
Oracle shares slump on weak earnings and hit competitor shares, especially IBM. Existing-home sales may be stabilizing after sales from 2007 prove worse than thought. Nike results cheer. Is Research In Motion a takeover target?
November housing starts are up 9% from October. Energy and metals stocks lead the market higher. Nike earnings cheer investors; Oracle disappoints. AT&T moves up after T-Mobile breakup.
The software and athletic equipment giants report earnings this week. Existing-home sales data since 2007 will be trimmed. Boeing will fuel a strong report on durable goods orders. North Korea's Kim Il Jong's death roils Asian markets.
Salesforce expects a fourth-quarter loss. Gap's profit falls but beats forecasts.
Stocks rally for a second day on growing confidence Greece will enact new austerity measures. Nike's results push shares higher. Home prices in April were off 4% from a year ago -- but up from March.
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