NEW YORK MarketWatch -- Stocks were lower Monday amid data indicating inventories of unsold homes hit a 16-year high in July, along with word Dow component had cut the price tag of
The S and P 500 gained 1.8%, while the Nasdaq Composite jumped 2.4%. Among tech stand-outs this week, Apple Inc. surged 8% to a new all-time high following the launch of the iPhone a week ago.
And Inc. , whose shares were upgraded to buy at Goldman Sachs, rose 0.3%. The broker cited changes in management and culture as well as an improved business mix and capital structure.
Inc. led the Dow's declines, with its stock down 2.7%. The S and P 500 Index was off 8.42 points at 1,520.61 and the Nasdaq Composite Index fell 11.05 points at 2,655.43.
After the lows were reached, there was a wave of buying across the board that was led by oil producers. The Dow Jones Industrial Average soared 552 points, the Nasdaq Composite rose 97 points and
NEW YORK MarketWatch -- U.S. stocks were mostly lower Tuesday amid bearish news that included reduced sales forecasts from two major retailers, but investors trimmed early losses after existing
NEW YORK MarketWatch -- U.S. stocks were lower on Tuesday, after homebuilder Lennar Corp. scrapped its 2007 earnings guidance and warned that the distress in the subprime mortgage market is
The Dow Jones Industrial Average was up 54 points at 13,621, as 18 of its 30 components advanced, led by the likes of Caterpillar Inc. , Inc. , Honeywell Inc. , IBM and 3M Co. .
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Inc. , whose shares were upgraded to buy at Goldman Sachs, gained 0.3%. The broker cited changes in management and culture as well as an improved business mix and capital structure.
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NEW YORK MarketWatch -- U.S. stocks opened lower on Tuesday, with investor enthusiasm hit right at the outset of earnings season after both Inc. and Sears Holdings lowered their
U.S. stocks ended Tuesday's session mixed after the Federal Reserve lowered two key interest rates. The Dow Jones industrial average declined 24.97 points, or 0.3 percent, to 8,986.28. The Dow
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