Two high profile tech earnings misses soured the mood after-hours Wednesday and could weigh on stocks.» Read More
The equity markets end a strong week fueled by energy stocks and technology, oil closes at a record, and the dollar weakens.
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The Dow made double digit gains Thursday as a battle to control Yahoo boosted the technology sector and a pullback in oil eased concerns about inflation. What's the "Word on the Street?"
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Talk about a busy couple of days for HP: yesterday, news begins trickling out that a $13 billion deal between HP and Electronic Data Systems. Shares are halted, speculation begins, a statement from HP confirms the talks, the deal is announced this morning, investors wonder whether IBM will face competition in its bread-and-butter business, and oh yeah, HP also pre-releases earnings.
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Stocks got off to a good start Monday with the Dow making triple digit gains for the week. What's the "Word on the Street?"
For the week ending Friday, May 9, 2008, the U.S. Markets were negative for the week, with the Dow falling more than 200 points on Wednesday, making it the biggest point drop since 4/11/08.
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Markets fall the most in weeks as crude barreled toward another new high (even as the dollar rallied). What's the "Word on the Street?"
Stocks declined as soaring oil prices triggered concerns about inflation and consumer spending.
Despite economic weakness in the U.S., Cisco Systems CEO John Chambers said Wednesday, "Toward the end of the calendar year... we'll be in an uptick...
Stocks performed a dizzying dance, sliding at the open, improving with economic reports and then doing a do-si-do with oil prices.
European shares notched up their highest close since mid-January on Wednesday, cheered by a broad pick up in risk appetite, a weakening euro and stronger than expected results at construction and technology groups.
Despite economic weakness in the U.S., Cisco Systems Chairman and Chief Executive John Chambers said Wednesday he expects his company's global reach will help it to grow at a double-digit rate.
Stocks opened mixed Wednesday after a better-than-expected report on U.S. worker productivity. Oil hovered below $122 a barrel.