July 31 (Bloomberg) — Asian stocks rose as higher earnings from Olympus Corp. and Hang Seng Bank Ltd. helped the region’s benchmark post its longest monthly winning streak in 20 years.
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NYSE seatholders approve Archipelago deal
Orchestrated by Chief Executive John Thain, the deal is meant to arm the NYSE with key weapons it had lacked in its fight to protect a tenuous position atop the global stock trading business from incursions by arch-rival Nasdaq Stock Market Inc. .
U.S. stocks closed mixed after uncertain session
NEW YORK -- U.S. stocks closed mixed Tuesday, with only the Dow industrials eking out a gain, after strength in energy futures stoked underlying nervousness about inflation and dented early investor enthusiasm for positive earnings news. Link to original articleThe abbreviated Christmas trading week was one of low volatility and lackluster stock trading despite continued bad news. Among other events, Toyota announced its first ever earnings warning on Monday.
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