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Wall Street FM::
Wall Street extends rally after Fed decision Virgin Blues shares fall. Investor confidence. more. RP stocks seen tracking oil, Wall St.
http://www.wn.com/wallstreetHOME |
A rally on Wall Street faded in the final hour of trading Monday as traders fretted over what the next revelation will be in the global credit market meltdown.
Stocks were up early after a Goldman Sachs hedge fund bailout and more global central bank monetary interventions. The Nasdaq opened near its high for the day and spent the rest of the day on the defensive, but the Dow didn't succumb to selling until the last hour of trading.
Business - Shares seen lower as Wall Street rally fizzles - INQUIRER.net::
Asian shares to fall on financial fears (UPDATE) Oil rises over $114 as dollar falls (UPDATE) Fannie, Freddie fears, inflation slam Wall St. PAL operating profit
http://business.inquirer.net/money/breakingnews/view/20080Wall-Street-rally-fizzlesHOME |
Still, some notable technology names scored big gains.
EMC surged 7.5% a day ahead of its VMware IPO, while HP gained 2.6% ahead of its earnings report due out late Thursday.
CNNMoney.com Market Report - Aug. 11, 2008::
Dells profit falls 17% Gulf oil braces for Gustav. Big rally on Wall Street Oil prices fall despite Gustav threat. Big rally on Wall Street. Work harder,
http://money.cnn.com/2008/08/11/markets/markets_newyork/index.htmHOME |
Sirenza rose 8.5% on a buyout deal with RF Micro.
Photon Dynamics was a big earnings gainer, while BEA, EDS, Monster and Websense climbed on upgrades.
SCO tumbled on a big legal setback in its long-running dispute with Novell.
AXP SKorean shares outlook - Higher on Wall Streets rally::
News for AXP - SKorean shares outlook - Higher on Wall Streets rally on Wednesday as Wall Streets overnight rally and falling oil prices are likely
http://www.tradingmarkets.com/.site/news/Stock%20News/735191/HOME |
Stocks end lower as Wall Street dials down rally - MarketWatch::
U.S.-listed shares of overseas companies fall, as a rise in crude-oil prices knock back a rally on Wall Street. gains as Wall Street rally falls apart. By
http://www.marketwatch.com/news/story/stocks-end-lower-walD7397}&dist=TQP_Mod_mktwNHOME |
On Tuesday and Wednesday, investors will be watching the latest government inflation data, while Applied Materials will report earnings Tuesday night.
The Nasdaq fell 2 to 2542, the S&P 500 slipped 1 to 1452, and the Dow lost 3 to 13,236. Volume declined to 3.63 billion shares on the NYSE, and 2.21 billion on the Nasdaq. Declining issues led by a few shares on the NYSE, and by a 16-14 margin on the Nasdaq. Upside volume was 51% on the NYSE, and 51% on the Nasdaq. New highs-new lows were 21-229 on the NYSE, and 52-118 on the Nasdaq.
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