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January 3, 2008

Stocks rise after factory orders report

Stocks rose Thursday after a report of an increase in new jobs during December eased some concerns about the economy a day before the Labor Department’s key reading on employment.

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Dow edges closer to record

Stocks rose Wednesday afternoon, with the Dow Jones industrial average testing its all-time closing high but struggling to break through that 6-1/2 year old barrier.

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Tokyo Stocks Close Higher; Dollar Up

Tokyo stocks closed higher Wednesday for the fifth straight session. The dollar was higher against the Japanese yen and the euro.

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Saudi launches new stock trading system

RIYADH: The Saudi stock exchange said it successfully launched a new trading system yesterday designed to enhance market transparency and efficiency. "The Saudi stock market has successfully operated the new trading system with all the operations and the transactions of the first day," Tadawul said.

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