Paul Shread

Stocks slumped Thursday on negative economic and earnings news, cautionary comments from Fed Chairman Alan Greenspan, and tough talk about Iraq from President Bush. The Nasdaq dropped 35 to 1279, the S&P 500 lost 22 to 886, and the Dow fell 201 to 8379. Volume rose from Tuesday’s levels to 1.19 billion shares on the […]

A stock market rally on the anniversary of the September 11 terrorist attacks was undone by a Federal Reserve survey that showed the economy weakening. The Nasdaq lost 4 to 1315, more than 30 points off its high, the S&P 500 finished unchanged at 909, and the Dow slipped 21 to 8581, 145 points off […]

Stocks rallied on the eve of the anniversary of the September 11 terrorist attacks despite a warning about possible terrorist attacks on U.S. targets overseas. The Nasdaq climbed 15 to 1320, the S&P 500 rose 6 to 909, and the Dow gained 83 to 8602. Volume rose to 1.16 billion shares on the NYSE, and […]

Stocks recovered from an early sell-off on Monday to end the day up. The Nasdaq climbed 9 to 1304, the S&P 500 rose 9 to 902, and the Dow gained 92 to 8519. Volume declined to 1.14 billion shares on the NYSE, and 1.25 billion on the Nasdaq. Advancers led 18 to 13 on the […]

Stocks got a boost Friday from a better than expected warning from Intel and a better than expected August unemployment report. The Nasdaq surged 44 to 1295, the S&P 500 rose 14 to 893, and the Dow gained 143 to 8427. Volume fell to 1.19 billion shares on the NYSE, and 1.31 billion on the […]

Intel gave some hope to battered bulls after the close on Thursday by issuing a warning that wasn’t as bad as feared. During the day, the Nasdaq fell 41 to 1251, the S&P 500 lost 14 to 879, and the Dow dropped 141 to 8283. Volume slipped to 1.33 billion shares on the NYSE, but […]

Stocks plunged in rising volume on Tuesday, as the NYSE and the Nasdaq recorded 90% downside days, heavy selling that has historically marked the beginning of capitulation. A weaker than expected manufacturing reading contributed to the sell-off, as did heavy selling in Europe and Japan, which hit a new 18-year low. The Nasdaq fell 51 […]

Stocks fell on light volume on Friday, as warnings and mixed economic reports cut short a pre-holiday rally. The Dow had its fifth straight lower monthly close for the first time since 1981. The Nasdaq fell 20 to 1314, the S&P 500 declined 1 to 916, and the Dow slipped 7 to 8663, down 73 […]

A warning from Nortel sent stocks sharply lower on Wednesday. The Nasdaq dropped 33 to 1314, the S&P 500 lost 16 to 917, and the Dow fell 130 to 8694. Volume declined to 1.15 billion shares on the NYSE, and 1.35 billion on the Nasdaq. Decliners led 21 to 10 on the NYSE, and 22 […]

Stocks fell Tuesday on a much weaker than expected consumer confidence reading and cautious comments from Intel. Stronger than expected durable orders weren’t much help. The Nasdaq dropped 43 to 1347, the S&P 500 lost 13 to 934, and the Dow fell 94 to 8824. Volume surged to 1.23 billion shares on the NYSE, and […]

Stocks recovered from a sell-off on Monday to end the day in the green. The Nasdaq rose 11 to 1391, the S&P 500 climbed 7 to 947, and the Dow added 46 to 8919. Volume fell to 1 billion shares on the NYSE, and 1.43 billion on the Nasdaq. Advancers led 22 to 9 on […]

An expanded investigation into Citigroup and more downgrades to chip stocks sent stocks lower on Friday. The Nasdaq fell 42 to 1380, the S&P 500 lost 21 to 940, and the Dow dropped 180 to 8872. Volume fell to 1.07 billion shares on the NYSE, and 1.5 billion on the Nasdaq. Decliners led 21 to […]