Stocks declined Wednesday on a continued string of negative economic news and uncertainty over the war in Iraq.
The Nasdaq slipped 3 to 1387, the S&P 500 lost 4 to 869, and the Dow fell 50 to 8229. Volume declined to 1.3 billion shares on the NYSE, and 1.41 billion on the Nasdaq. Decliners led 18-14 on the NYSE, and 17-14 on the Nasdaq. Upside volume was 35% on the NYSE, and 58% on the Nasdaq. New highs-new lows were 45-30 on the NYSE, and 78-42 on the Nasdaq.
NVIDIA rose 2.8% on a deal with IBM, which lost 2.3% on earnings concerns. Markets, war bonds and economic idiocy -- OrlandoSentinel.com::
this resilience coming from that the market can just shake off all this bad news? Stocks ended last week slightly lower, but after three consecutive weeks of
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Red Hat fell 2.2% after missing estimates. Market News International: Story from March 18, 2003::
and their apparent effects on economic decisionmaking, the Committee does not Assuming the war does not go poorly, Swonk said she expects a return to real
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US STOCKS-Economic worries lead market lower after jobs data | Markets ::
Market News. Asia stocks fall on global growth fears. Gold near 8-month lows as dollar weighs Russia orders halt to war. Aid arrives in Georgia. Talk of
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Earthlink rose 3.7% on news that it plans to offer high-speed dial-up service. AOL climbed 0.7% after the company unveiled voice mail service.
Level 3 gained on an online gaming deal with Sony.
Oracle, up 1.2%, is pushing Linux.
HP tacked on 0.4% on a $100 million e-learning contract.
Yahoo and eBay once again hit new 52-week highs.
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