Stocks rallied for a second day on Tuesday on hope that war with Iraq can be delayed or averted.
The Nasdaq surged 36 to 1346, the S&P 500 climbed 16 to 851, and the Dow rose 132 to 8041. Volume declined to 1.19 billion shares on the NYSE, but rose to 1.32 billion on the Nasdaq. Advancers led 23-9 on the NYSE, and 21-10 on the Nasdaq. Upside volume was 85% on the NYSE, and 87% on the Nasdaq. New highs-new lows were 36-41 on the NYSE, and 70-72 on the Nasdaq. Mar 14 Reagans Real Revolution, Part One Bill Bonner 321gold::
As mentioned earlier, Republicans had learned their lesson from the Vietnam War. regarded itself once again not only as the worlds greatest superpower, but also
http://www.321gold.com/editorials/bonner/bonner031405.htmlHOME |
After the close, Overture announced that it will acquire Alta Vista, which is majority owned by CMGI. Photronics beat estimates. Sinopec hopes to double refining capacity in Fujian | Industries ::
UPDATE 2-Toronto stocks ride surge in resources. Chevron to build base oil facility Wall St drops on credit fears, soaring oil. Oil rises 5 pct on global
http://www.telerate.com/article/rbssEnergyNews/idUSPEK32427620080821HOME |
Campbell promises boost for northwestern B.C.::
Ujjal Dosanjh is trying to stir up fears about a renewed war in the woods. Sin stocks surge as cash-strapped consumers seek small comforts
http://www.cbc.ca/news/story/2001/05/01/bc_campbell010501.htmlHOME |
During the day, Allen Telecom and Multex gained on news that they will be acquired, Allen by Andrew Corp. and Multex by Reuters. Multex soared 59%.
Cisco, up 4.6%, plans an ambitious ad campaign.
Qualcomm, up 2%, is developing a hybrid CDMA-GSM technology.
Rambus, up 0.8%, unveiled new parallel bus logic interface products. BW Online | April 21, 2003 | Prepare Now for the Postwar Rebound::
as U.S. forces entered the Iraqi capital in early April, but that surge fizzled Now that the war is over, they can begin to plan for the future again.
http://www.businessweek.com/bwdaily/dnflash/apr2003/nf20030421_3276_db014.htmHOME |
Nokia, up 2.2%, announced partnerships with IBM, Sun and Texas instruments.
Microsoft closed at 24.96 in its first day of trading after completing a 2-for-1 split.
HP and Intel boosted their partnership, which could mean the end for HP's RISC architecture.
Spirent gained 6% on a deal with Verizon.
Gartner said PC shipments may pick up in the second half.
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Stocks Surge Again As War Fears Ease