|
Stocks ended their best week of the year on a mixed note Friday, with blue chips gaining on a better than expected existing home sales report that eased slowdown fears.
For the week, the major indexes gained more than 3%, their best showing since July 2006.
U.S. stocks in mixed end to week::
Boeing to lose big money due to strike. US government will not change job stimulus policy The U.S. dollar also finished the week on a mixed note.
http://story.malaysiasun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/352458/cs/1/HOME |
Tech stocks lost ground despite another round of merger news, with Kronos jumping 14% on plans to go private. Openwave lost ground on a new CEO and news that the company is exploring a possible sale. OmniVision was another gaining on takeover speculation.
Stocks end higher, extending last weeks gains: Financial News - Yahoo ::
deflated a stock market rally that was building upon steep gains from last week. The yield on the benchmark 10-year Treasury note, which moves opposite
http://biz.yahoo.com/ap/080811/wall_street.htmlHOME |
Palm edged higher on its results and takeover speculation.
Bell Fuse soared on a takeover offer from Technitrol.
Vonage plunged after losing a legal round to Verizon.
Jabil tumbled 10% on a warning, while 3Com edged higher on its results.
The Nasdaq lost 3 to 2449, the S&P 500 added 1 to 1436, and the Dow rose 20 to 12,481. Volume declined to 2.56 billion shares on the NYSE, and 1.7 billion on the Nasdaq. Advancing issues led by an 18-13 margin on the NYSE, and 16-14 on the Nasdaq. Upside volume was 60% on the NYSE, and 49% on the Nasdaq. New highs-new lows were 188-13 on the NYSE, and 136-32 on the Nasdaq.
 Technical Analysis: Another Day, Another Pause
 Palm Profits Plummet as Buyout Speculation Swirls |
HOME