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 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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August 5th, 2011
The economic anxiety is signaling by two-week plunge in stock prices , but it’s also compounding the problem: Lower stock prices are shrinking Americans’ wealth, rattling their confidence and making them less inclined to spend.And employers may become even slower to hire.
The Dow Jones industrial average plummeted 513 points, or 4 percent, Thursday on fears [...]
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August 5th, 2011
US stock index futures pointed to a slightly lower open on Wall Street on Friday following a traumatic day across global stock markets as investors sold off over fears the European debt crisis was spreading to Spain and Italy and economic data out of the US pointed to a slowdown in growth in the world’s [...]
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August 5th, 2011
Investors looking for reasons for optimism after the worst stock-market sell-off since the 2008 financial crisis probably won’t find it in Friday’s July jobs report.Economists forecast that employers added only 90,000 jobs last month and that the unemployment rate was unchanged at 9.2 percent, according to a survey by FactSet.
That would mark an improvement over [...]
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