January 23rd, 2012
NEW YORK (CNNMoney) — It’s been eerily quiet on stock trading desks around Wall Street and across the United States. In fact, it’s been the slowest and lowest volume start to the year since 2007.
During the first 10 trading days of 2012, roughly 6.8 billion shares a day changed hands in the United States, down [...]
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October 19th, 2011
Apple missed big with its fourth-quarter results, a rare feat for the iPhone and iPad maker, which usually topples forecasts.
The miss stunned Wall Street: Apple shares [AAPL 422.24 2.25 (+0.54%) ] tumbled after-hours and were down more than 7 percent at one point. (Click here for the latest [...]
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August 17th, 2011
U.S. stocks sank in a thinly traded session Wednesday as weakness in the technology sector dragged the market lower.
The Dow Jones industrial average (INDU) was down 47 points, or 0.4%, in afternoon trading. The S&P 500 (SPX) eased 5 points, or less than 0.4%, and the Nasdaq composite (COMP) fell 27 points, or [...]
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August 17th, 2011
US stocks have resumed their rally after a series of earnings reports came in better than expected.
Target Corp, Staples Inc and Dell Inc all reported earnings for last quarter that were above analysts’ forecasts.
Companies in the Standard & Poor’s 500 are on track to report higher profits for a ninth straight quarter.
But [...]
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August 17th, 2011
THE Australian share market closed higher today, buoyed by bargain-hunters who helped to make up ground from the previous day’s loss.
Official figures showing slower than expected wages growth helped calm inflationary expectations and also provided a boost for investors.
At 16:15 (AEST) the benchmark [...]
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August 11th, 2011
French bankers and officials scrambled to calm nerves on Thursday after two days of whipsaw trading that saw their banks’ market value fall and rise by billions of euros.By late in the day those efforts appeared to settle markets jittery about the health of French banks and [...]
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August 11th, 2011
Economists looked by MarketWatch had expected the Labor Department to report an increase in initial claims, to 410,000.Trading in U.S. stock futures followed a choppy pattern with investors on edge after the previous session’s plunge, while shares of Cisco Systems Inc. [...]
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August 8th, 2011
Roland Randall, strategist at TD Securities, said the U.S. downgrade was “another tick in the box for the long-term bears, and that’s the real concern — that it makes people a bit more pessimistic on the long-term economic outlook.”
China’s Shanghai Composite Index [...]
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August 8th, 2011
US Stock market futures pointed to a sharply lower open on Wall Street Monday following on from last weeks downgrade of America’s credit rating from triple-A for the first time in history by ratings agency Standard & Poor’s (S&P).
S&P came in for significant criticism from US Treasury [...]
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