Hot penny stocks - U.S. Stocks Rise on Gridlock Prospects; Boeing, Chipmakers Gain

Nov. 7 (Bloomberg) -- U.S. stocks rose before congressional elections in which Democrats may take control of one or both houses, leading to gridlock that would forestall new regulations and curb government spending. NEW YORK -- U.S. stocks ended higher Tuesday, logging a two-session run of gains as investors awaited the outcome of mid-term congressional elections, with Boeing Co. surging more than 5% after the aerospace giant won an important aircraft order. European equity markets pushed to fresh five-year highs in opening trade on Tuesday led by oil stocks and banks after a strong showing on Wall Street overnight. TAIPEI, Nov 8 (Reuters) - Taiwan shares edged up 0.06 percent on Wednesday, as asset-rich construction stocks such as Highwealth rose as the strengthening Taiwan dollar led the construction index higher.Nov. 8 (Bloomberg) -- U.K. stocks dropped, paced by Unilever and BHP Billiton Ltd. The FTSE 100 Index lost 28.3, or 0.5 percent, to 6215.7 at 8:08 a.m. in London, as 82 stocks dropped and 11 advanced. The FTSE All-Share Index declined 14.49, or 0.5 percent, to 3183.32.(Corrects verb tense in quote in fifth paragraph.) Nov. 8 (Bloomberg) -- European stocks fell after the U.S. Democrats won a majority in the House of Representatives, retaking control for the first time since 1994.Nov. 8 (Bloomberg) -- European stocks fell after the U.S. Democrats won a majority in the House of Representatives, retaking control for the first time since 1994. Japanese stocks fell Wednesday after the central bank chief spurred speculation that interest rates might be raised by year-end. Investors were also cautious as they eyed U.S. election results. Stocks extended their gains early Tuesday as voters headed to the polls.

No Comment

Comments are closed.