Paul Shread

The stock market ended its worst quarter since 1987 on a down note on Monday, weighed down by a warning from Wal-Mart and the first decline in manufacturing in eight months. Stocks pared their losses later in the day on hope for more Fed rate cuts. The Dow ended lower for the sixth straight month, […]

Dow components SBC, Philip Morris and GE sent stocks plunging on Friday. The Nasdaq dropped 22 to 1199, the S&P 500 fell 27 to 827, and the Dow plunged 295 to 7701. Volume declined to 1.51 billion shares on the NYSE, and 1.45 billion on the Nasdaq. Decliners led 22 to 9 on the NYSE, […]

Lack of earnings guidance from Brocade hit storage stocks hard on Thursday. Blue chips gained on economic numbers that were better than expected, despite analyst concerns about GE. The Nasdaq was fractionally lower at 1221, but the S&P 500 rose 15 to 854, and the Dow gained 155 to 7997. Volume declined to 1.62 billion […]

Stocks surged Wednesday after GE said it will meet its numbers. The Nasdaq surged 40 to 1222, the S&P 500 rose 20 to 839, and the Dow gained 158 to 7841. Volume declined to 1.66 billion shares on the NYSE, but rose to 1.69 billion on the Nasdaq. Advancers led 24 to 8 on the […]

Blue chip stocks fell Tuesday after the Federal Reserve declined to lower interest rates despite concluding that the economy remains vulnerable. The Nasdaq slipped 2 to 1182, the S&P 500 lost 14 to 819, and the Dow dropped 189 to 7683. Volume rose to 1.67 billion shares on the NYSE, and 1.67 billion on the […]

The Nasdaq fell to new lows on Monday, as the longest bear market since 1937-1942 continued to maul investors. The Nasdaq fell 36 to 1184, undercutting its July low of 1192. The S&P 500 lost 11 to 833, and the Dow dropped 113 to 7872. Volume declined to 1.35 billion shares on the NYSE, and […]

Stocks ended a rough week with a modest bounce on Friday. The Nasdaq gained 4 to 1221, the S&P 500 added 2 to 845, and the Dow rose 43 to 7986. Volume soared to 1.79 billion shares on the NYSE, and 1.8 billion on the Nasdaq. Advancers led 16 to 15 on the NYSE, and […]

Warnings from EDS and Morgan Stanley sent stocks plunging on Thursday. The Nasdaq lost 35 to 1216, just 24 points above its July low, the S&P 500 dropped 26 to 843, and the Dow fell 230 to 7942. Volume was unchanged at 1.47 billion shares on the NYSE, and declined to 1.52 billion on the […]

Stocks recovered from steep losses on Wednesday on disappointing earnings news from Oracle and JP Morgan. But a warning after hours from EDS threatened to send stocks lower again on Thursday. The Nasdaq lost 7 to 1252, the S&P 500 slipped 4 to 869, and the Dow fell 35 to 8172. Volume rose to 1.47 […]

Oracle and JP Morgan capped a rough day for stocks with a revenue miss and an earnings warning. The Nasdaq lost 15 to 1259, the S&P 500 slumped 17 to 873, and the Dow fell 172 to 8207. Volume surged to 1.39 billion shares on the NYSE, and 1.5 billion on the Nasdaq. Decliners led […]

Chip stocks fell to new lows on Monday, dragging down the tech sector. The Nasdaq fell 15 to 1275, the S&P 500 gained 1 to 891, and the Dow rose 67 to 8380. Volume fell to 986 million shares on the NYSE, and 1.1 billion on the Nasdaq. Decliners led 17 to 14 on the […]

Tech stocks rose Friday on better than expected results from Adobe, but blue chips fell on a warning from Honeywell. Retail sales came in better than expected, but consumer confidence fell once again, and Lucent issued another warning. The Nasdaq rose 11 to 1291, the S&P 500 gained 2 to 889, and the Dow fell […]