Paul Shread

Stocks rose Wednesday on a surprise 50-basis point rate cut by the Federal Reserve and a Republican victory in the Senate. Cisco beat estimates after the close, but lowered guidance. The Nasdaq rose 17 to 1418, the S&P 500 gained 8 to 923, and the Dow rose 92 to 8771. Volume surged to 1.64 billion […]

Stocks rose Tuesday ahead of the Fed’s decision on interest rates and Cisco’s earnings. The Nasdaq rose 4 to 1401, the S&P 500 gained 7 to 915, and the Dow rose 106 to 8678. Volume fell to 1.33 billion shares on the NYSE, and 1.7 billion on the Nasdaq. Advancers led 16 to 15 on […]

A strong rally Monday on a better than expected court decision in the Microsoft antitrust case gave back much of its gains by the close on news that the U.S. may soon call up reserves. The Nasdaq rose 35 to 1396, the S&P 500 gained 7 to 908, and the Dow rose 53 to 8571, […]

Stocks closed mixed on Thursday, as investors looked past worse than expected GDP and manufacturing data to the likelihood of another Fed rate cut next week. The Nasdaq rose 2 to 1329, buoyed by the first quarterly gain in business investment in two years. The S&P 500 slipped 4 to 885, and the Dow lost […]

Stocks rose ahead of Thursday’s third-quarter GDP report and Friday’s unemployment data. The Nasdaq rose 26 to 1326, the S&P 500 gained 8 to 890, and the Dow rose 58 to 8427. Volume slipped to 1.41 billion shares on the NYSE, but rose to 1.68 billion on the Nasdaq. Advancers led 20 to 11 on […]

Bulls shook off weaker than expected durable orders on Friday to send stocks sharply higher. The Nasdaq surged 32 to 1331, the S&P 500 gained 15 to 897, and the Dow rose 126 to 8443. Volume fell to 1.35 billion shares on the NYSE, and 1.47 billion on the Nasdaq. Advancers led 22 to 10 […]

Stocks fell in high volume Thursday on war fears after Iraq expelled foreign journalists. The Nasdaq fell 21 to 1298, the S&P 500 lost 13 to 882, and the Dow plunged 176 to 8317. Volume surged to 1.7 billion shares on the NYSE, and 1.94 billion on the Nasdaq. Decliners led 17 to 14 on […]

The stock market overcame downgrades, warnings, news of corporate investigations and weak economic data to end the day in positive territory Wednesday. The Nasdaq surged 27 to 1320, the S&P 500 rose 5 to 896, and the Dow gained 44 to 8494. Volume rose to 1.54 billion shares on the NYSE, but declined to 1.6 […]

A warning from Texas Instruments hammered chip stocks on Tuesday. The Nasdaq lost 16 to 1292, the S&P 500 lost 9 to 890, and the Dow fell 88 to 8450. Volume rose to 1.51 billion shares on the NYSE, and 1.72 billion on the Nasdaq. Decliners led 21 to 10 on the NYSE, and 19 […]

The stock market shook off weak leading economic indicators and a cautious outlook from Microsoft to post another day of strong gains. The Nasdaq rose 21 to 1309, the S&P 500 gained 15 to 899, and the Dow surged 215 to 8538. Volume rose to 1.42 billion shares on the NYSE, but declined to 1.57 […]

Stocks capped a strong week on a modest up note on Friday, buoyed by strong earnings from Microsoft. The Nasdaq rose 15 to 1287, the S&P 500 added 5 to 884, and the Dow climbed 47 to 8322. Volume fell to 1.42 billion shares on the NYSE, and 1.66 billion on the Nasdaq. Decliners led […]

The market logged another day of strong gains on Thursday, and Microsoft extended the party after the close. The Nasdaq rose 39 to 1272, the S&P 500 gained 19 to 879, and the Dow surged 239 to 8275. Volume rose to 1.78 billion shares on the NYSE, and 1.82 billion on the Nasdaq. Advancers led […]