Business news - PRIME business club - For people aged over 50 starting :: Do you expect to eventually sell your business? Take our mini-poll and see what others are doing. There are off course plenty of other serviced offices on http://www.primebusinessclub.co.uk/category/business-news/HOME |
A stock market rally gave way to selling Tuesday afternoon after a Web site published early exit poll data showing Democratic challenger John Kerry with a small lead in the key states of Florida and Ohio.
News of the exit poll data spread quickly on trading floors, sending the Dow from an 80-point gain to a 40-point loss before the blue chip index stabilized to close down 18.
The Drudge Report (drudgereport.com), which published the polling data, noted that early data showed Democratic candidate Al Gore leading in key states like Florida in 2000, but the specter of another disputed presidential election caused investors to turn tail.
The Nasdaq climbed 4 to 1984, but that was 18 points off its high for the day. The S&P 500 was unchanged at 1130, and the Dow lost 18 to 10,035. Volume rose to 1.67 billion shares on the NYSE, and 1.85 billion on the Nasdaq. Advancers led 17-15 on the NYSE, and by a few shares on the Nasdaq. Upside volume was 51% on the NYSE, and 65% on the Nasdaq. New highs-new lows were 255-14 on the NYSE, and 130-33 on the Nasdaq. Palm Beach Post: Palm Beach & Treasure Coast news, sports :: In 2003, President Bush had to sell Americans only on the need for a plan to court overturned Floridas ban on media exit polling within 100 feet of a http://www.palmbeachpost.com/blogs/content/shared-blogs/paditorial/entries/2006/10/HOME | News:: the offers of several weekly mags, not wanting to sell, but eventually caved. ready on the boat, and waiting for a few people before heading off to Kubbar. http://news.alltop.com/HOME |
After the close, Priceline fell after the company beat earnings estimates but came in light on revenues and issued lower than expected revenue guidance for the fourth quarter. Also after the close, Corning reaffirmed guidance.
During the day, Nextel gained 3% after settling spectrum issues with Verizon.
Macrovision, National Semi FindWhat and Commscope fell on warnings.
BMC fell 12% despite beating estimates and raising guidance. Hutchinson, Kronos, Rudolph Tech, Audible and SimpleTech also fell on their results.
Maxim, Avanex and Primus rose on their reports.
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