Suspicion Surrounds Retreat In Gas Prices, Poll Finds :: Stock prices, economic forecasts and consumer confidence show that which could lead to product inventories being drawn down a little bit more than http://www.washingtonpost.com/wp-dyn/content/article/2006/10/09/AR2006100901122.htmlHOME |
Tech stocks led a broad market retreat on Monday after an analyst made cautionary comments on the chip sector. Morgan Stanley: Technology Stocks Losing Momentum (Apple Computer :: ASIA MARKETS: Exporters Advance As Commodity Stocks Retreat NEW YORK -(Dow Jones)- Technology stocks will likely underperform as overly optimistic http://www.smartmoney.com/email/index.cfm?emailcontent=/news/on/index.cfm?story=on-20080728-000290-0903HOME | Resources, banks lead the stock market retreat | Herald Sun:: Aug 20, 2008 Resources, banks lead the stock market retreat. Article from: Herald Sun. Font size: Decrease Increase; Email article: Email http://www.news.com.au/heraldsun/story/0,21985,24209484-664,00.htmlHOME |
Stifel Nicolaus analyst Cody Acree downgraded a half-dozen chip stocks on concerns about inventory issues and high valuations. Broadcom and Texas Instruments were two of the bigger names hit on the news, and the chip sector lost more than 2 percent on the day.
Blue chips started higher on a big court victory for Pfizer, but followed tech stocks lower to end the day in the red. Wholesale inflation will be reported Tuesday morning. InternetNews Realtime IT News Tech Stocks Lead Retreat:: Tech stocks led a broad market retreat on Monday after an analyst made cautionary comments on the chip sector. http://www.internetnews.com/bus-news/article.php/3572051/Tech+Stocks+Lead+Retreat.htmHOME | MacSurfer's Headline News™ - Finances:: "Tech Stocks: TI, Apple, Lexmark lead retreat in tech stocks" MarketWatch 9:53 AM. "U.S. Stocks Retreat on Earnings Concern, Record Oil Prices" Bloomberg http://www.macsurfer.com/?section=finances&ndate=2008-04-22HOME |
The Nasdaq lost 29 to 2222, the S&P 500 fell 7 to 1259, and the Dow lost 39 to 10,836. Volume fell to 2.21 billion shares on the NYSE, and 1.77 billion on the Nasdaq. Decliners led 23-9 on the NYSE, and 21-9 on the Nasdaq. Downside volume was 68 percent on the NYSE, and 80% on the Nasdaq. New highs-new lows were 70-108 on the NYSE, and 93-73 on the Nasdaq.
Pegasus rose 9 percent on a buyout offer.
Hauppage soared 38 percent on new video software.
O2Micro fell 7 percent on its outlook.
Sun Bullish on Service Biz Potential
Technical Analysis: Nasdaq Crashes Through Support
|