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Stocks Snap Back

Published by: mike 2008-11-20
US STOCKS-Market snaps back; GE, IBM help | Reuters::
(Updates to late morning) By Caroline Valetkevitch NEW YORK, Jan 18 (Reuters) - U.S. stocks rebounded on Friday from losses this week as earnings from bellwethers
http://www.reuters.com/article/idCAN1831700820080118
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Stocks soared Friday as bond yields stabilized on soothing words from a Federal Reserve official. Chip stocks led the way higher on stellar results from National Semi.

Short Trader: Heelys Snaps Back South - TheStreet.com::
The footwear stocks march north does an about face despite the markets rally. that the strength of the current snap back rally in all of the major indices
http://www.thestreet.com/_dm/newsanalysis/technicalanalysis/10345804.html
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Stocks feeling bouncy - Aug. 9, 2004::
U.S. stock markets got a bounce early Monday, but gains were tentative amid continued worries about rising oil were able to snap back in the early going.
http://money.cnn.com/2004/08/09/markets/markets_nyopen
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Stocks had fallen for three straight days on inflation and interest rate fears, but comments by Chicago Fed President Michael Moskow that inflation remains contained helped stabilize bond prices and sent stocks soaring.

National Semi rocketed 15% after beating earnings forecasts and announcing a $2 billion stock buyback. The chip sector gained 3% on the day.

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The IPO of photonic chip company Infinera continued to get a warm welcome, jumping 27% after rising 52% in its debut Thursday. Limelight Networks was another strong IPO.

Stocks Snap Back on Bargain Hunting::
Stocks Snap Back on Bargain Hunting The positive earnings are boosting the stock this morning. The stock is rallying.
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=105&STORY=/www/story/08-06-2002/0001778438
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TD Ameritrade continued to gain on takeover pressure from investors.

Quality Systems fell on its results, and Tellabs lost ground on a Goldman Sachs downgrade.

Openwave fell on a restructuring plan as the company continues to fend off takeover efforts.

The Nasdaq surged 32 to 2573, the S&P 500 gained 17 to 1507, and the Dow rose 157 to 13,424. Volume declined to 2.97 billion shares on the NYSE, and 1.99 billion on the Nasdaq. Advancing issues led by a 22-10 margin on the NYSE, and 20-9 on the Nasdaq. Upside volume was 86% on the NYSE, and 83% on the Nasdaq. New highs-new lows were 37-96 on the NYSE, and 71-64 on the Nasdaq.




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