Nasdaq Falls Sharply On Tech's Weakness - U.S. Commentary []
Wall Street is seeing weakness for a second consecutive session on Thursday, largely on weakness within tech after Cisco (CSCO) released a disappointing sales forecast for the second quarter.
Stocks Tumble On Fears Of Widening U.S. Subprime Losses - Asian Commentary []
Monday, stock markets across the Asia-Pacific region closed sharply lower on the back of losses on Wall Street on Friday. The U.S. stocks plummeted on Friday after Bank of America Corp., JPMorgan Chase & Co and Wachovia Corp. all said the ongoing credit crisis will cause another round of heavy losses during the fourth quarter.
General Motors, Dollar, And Financials Push Dow To 360 Point Loss - U.S. Commentary []
Stocks plunged on Wednesday, as a broad based sell-off ensued after General Motors (GM) posted a record quarterly loss, the dollar slumped to further lows against the euro, and negative news continued to leak out of the financial markets.
Tech Depressing Stocks - U.S. Commentary []
Stocks opened the session mostly higher on Thursday, boosted by better than expected quarterly results from Ford (F) and positive comments on the company's outlook.
Tech Continues To Lead Stocks Lower - U.S. Commentary []
Wall Street continues to see notable weakness on Friday, with technology stocks leading the downward trend.
Chinese Stocks Close Lower Led By Banks []
Tuesday, Shanghai shares closed lower, paring early gains, as banks fell on fears of further policy tightening. China's consumer price index rose 6.5% year-over-year in October. The benchmark Shanghai Composite Index closed down 29.62 points or 0.57% at 5,158.12, off an intraday high of 5,311.70.
FTN Financial Analysts Look Ahead To US Data Due Out Later In The Week []
FTN Financial analysts looked ahead to United States' data that is due out on Wednesday, Thursday and Friday. The data includes numbers related to the headline inflation, CPI and retail sales.
Loonie Sees Strength Against Majors [CAD]
The Canadian dollar strengthened against its major counterparts during early deals on Tuesday as traders considered weakness in last week as excessive.
Credit Concerns Drive Markets Lower - U.S. Commentary []
U.S. stocks have extended sharp losses during trading on Friday, as technology tumbles on a trimmed earnings forecast from Qualcomm (QCOM) and confidence wanes after Wachovia (WB) warned of further losses within the credit markets.
Strong Results From Wal-Mart May Inspire Bargain Hunting - U.S. Commentary []
After closing lower in the four previous sessions, stocks are likely to regain some ground in early trading on Tuesday. The major index futures are indicating a sharply higher open for the markets, with positive earnings news from Wal-Mart (WMT) contributing to the upward momentum.
No comments:
New comments are not allowed.