Reuters – Tech shares fell on Wednesday after Dell’s disappointing sales outlook fanned worries weak economic growth will hurt earnings in the third quarter.
View full post on Yahoo! News: Stock Markets News
Read More »
Reuters – Stocks extended losses on Thursday, led by technology shares as the market interpreted the Fed chairman’s comments as suggesting there would be no immediate or near-term stimulus to boost the economy.
View full post on Yahoo! News: Stock Markets News
Read More »
AP – A rally in U.S. technology shares, spurred by earnings that blasted past expectations, boosted Asian stock markets Thursday and helped drive the Australian dollar to a 27-year high against the greenback.
View full post on Yahoo! News: Stock Markets News
Read More »
AP – Stocks headed higher Friday after the government said the economy grew at a faster pace than expected at the end of last year. Technology shares rose after Oracle Corp. posted higher earnings.
View full post on Yahoo! News: Stock Markets News
Read More »
Reuters – Technology shares led U.S. stocks lower after a downgrade of semiconductors on Monday, helping push the sector below a key technical level, which could mean further losses.
View full post on Yahoo! News: Stock Markets News
Read More »U.S. stocks dropped, sending the Standard & Poor’s 500 Index to a fourth straight weekly loss, as a deeper-than-estimated slide in consumer confidence added to concern the economic recovery will be delayed.
CIT Group Inc., the century-old lender that trades in the bond market as if it may fail, slid 18 percent on concern the Federal Deposit Insurance Corp. won’t guarantee its bond sales. Chevron Corp. helped lead the Dow Jones Industrial Average lower as oil completed its worst weekly drop since January and the company said the weaker dollar was slashing profit. Technology shares rose, limiting the market’s slide, following analyst upgrades of Yahoo! Inc. and MEMC Electronic Materials Inc.
Source: bloomberg.com
Read More »
