Stocks were mixed Friday on earnings warnings, rising unemployment and a threat by Iraq that U.S. troops may face "unconventional" tactics.
William J. Polley: Economics--Data Archives::
housing contraction are likely to weigh on economic growth over the next U.S. stock futures and Treasury bond prices lost ground on news of the advance
http://www.williampolley.com/blog/archives/economicsdataHOME |
The Nasdaq fell 13 to 1383, the S&P 500 climbed 2 to 878, and the Dow gained 36 to 8277. Volume declined to 1.23 billion shares on the NYSE, and 1.36 billion on the Nasdaq. Advancers led 17-14 on the NYSE, but decliners led 16-14 on the Nasdaq. Upside volume was 53% on the NYSE, and 33% on the Nasdaq. New highs-new lows were 61-18 on the NYSE, and 90-36 on the Nasdaq. (Resending to include headline) Stocks Close Higher | KXNet.com ::
Stocks closed sharply higher today, rising a wave of mega-mergers and strong earnings results. The Dow Jones industrial average finished with a gain of more than 182
http://www.kxmc.com/getARticle.asp?ArticleId=25212HOME |
Renewed credit concerns weigh on global stocks, dollar | Reuters::
Lehman and the BoEs comments followed soft first-quarter earnings reports this War of words over bridge. Most Popular Videos RSS Feed. Reuters
http://www.reuters.com/article/businessNews/idUSHKG17505720080410sinessNews&rpc=23&sp=trueHOME |
After the close, Siebel warned, and Dow component Alcoa beat earnings estimates but came in light on revenues.
During the day, a slew of earnings warnings weighed on tech stocks. PeopleSoft, Sybase, STMicroelectronics, Neoware and Websense all fell on warnings.
Research in Motion gained 4% after beating estimates.
Yahoo slipped 1.4% on a $750 million convertible offering that raised speculation about what the cash-rich company might do with the money. But one analyst said Yahoo may just be taking advantage of extremely favorable terms. Real Time Economics : Economists React: Mysteries of the Employment Data::
Economists weigh in on the strong employment report. Most agreed the data indicate the Fed will continue to keep rates steady, and second quarter GDP will bounce
http://blogs.wsj.com/economics/2007/07/06/economists-react-mysteries-of-the-employment-dataHOME |
Subdued Vista for Visas IPO - WSJ.com::
last years earnings, in a league with the most beloved large and the abiding specter of transaction-fee compression also could weigh on the stocks.
http://online.wsj.com/article/SB120432886290404199.htmlHOME |
Rambus spiked on another favorable court ruling, hitting a new 52-week high at $17 before pulling back.
Network Associates fell 7% on another acquisition.
Microsoft, down 2.5%, agreed to minor modifications to Windows. Also, MSN 8.5 was leaked.
IBM, down 1.4%, is offering free autonomic software.
AOL rose 2.5% after renewing its pact with Univision.
Level 3 slipped a penny after selling its hosting unit to Computer Sciences.
Akamai slipped 1.4% on news that it rejected al-Jazeera's business.
And the Recording Industry Association of America sued some college students.
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