Paul Shread

The broad markets veered into positive territory as inflation reports showed little change and retail sales remained strong. However, by midday, techs were not able to hold onto the strong gains posted on Monday. Upgrades and downgrades affected the techs, and news from Oracle, posted after the market close, is likely to affect the mood […]

Weaker than expected retail sales sent stocks sprawling on Thursday, as investors worried that consumer spending may be weakening. The ISDEX http://www.wsrn.com/apps/ISDEX/ slipped fractionally to 109, just 3 points above the September low, and the Nasdaq lost 22 to 1496. The S&P 500 fell 10 to 1009, and the Dow lost 114 to 9502. Volume […]

An early triple digit gain for the Dow on Tuesday turned into a triple digit loss by the close, and the other indexes followed the blue chips downhill. The ISDEX http://www.wsrn.com/apps/ISDEX/ lost 2 to 110, just 4 points above the September low, and the Nasdaq fell 33 to 1497, 110 points above the September low. […]

A strong rally on Monday faded by the close, as technology earnings and terrorism concerns worried traders. The ISDEX http://www.wsrn.com/apps/ISDEX/ slipped 2 to 112, and the Nasdaq lost 4 to 1530. The S&P 500 added 3 to 1030, and the Dow rose 55 to 9645. Volume declined to 1.22 billion shares on the NYSE, and […]

A warning from Intel and weaker than expected jobs growth sent stocks plunging Friday morning, but the market recovered much of those losses by the close. The ISDEX http://www.wsrn.com/apps/ISDEX/ gained 0.85 to 114, and the Nasdaq lost 19 to 1535. The S&P 500 slipped 1 to 1027, and the Dow lost 34 to 9589. Volume […]

Sun Microsystems unveiled the latest version of its Grid computing software on Thursday, including a new policy management tool that Sun says gives enterprises unprecedented ability to allocate computing resources. Sun Grid Engine Enterprise Edition 5.3 is the commercial version of the free Sun Grid Engine software that has been available since September 2000. The […]

Stocks finally gained on good news Wednesday, as a strong service sector report, good earnings news from Oracle, and a step toward peace between India and Pakistan boosted the market. The ISDEX http://www.wsrn.com/apps/ISDEX/ gained a fraction to 117, and the Nasdaq climbed 17 to 1595. The S&P 500 rose 9 to 1049, and the Dow […]

Stocks recovered from another steep sell-off Tuesday on rumors of a truce between India and Pakistan, but weak auto sales and earnings warnings limited the rally. The ISDEX http://www.wsrn.com/apps/ISDEX/ rose 1 to 117, and the Nasdaq climbed 15 to 1578. The S&P 500 was unchanged at 1040, and the Dow slipped 21 to 9687. Volume […]

Reports that Tyco’s CEO was fired amid a tax avoidance investigation sent stocks plunging on Monday. Investors ignored more positive economic reports as they continued to focus on corporate credibility and accounting concerns. The ISDEX http://www.wsrn.com/apps/ISDEX/ lost 4 to 115, and the Nasdaq plunged 53 to 1562. The S&P 500 fell 26 to 1040, and […]

In what has become a familiar pattern for the market lately, stocks gave back strong gains Friday afternoon as traders worried about the possibility of war and terrorist attacks liquidated long positions ahead of the weekend. The ISDEX http://www.wsrn.com/apps/ISDEX/ lost 1 to 119, and the Nasdaq fell 16 to 1615. The S&P 500 gained 2 […]

Stocks battled back from steep losses on Thursday, as fears of terrorist attacks and war between India and Pakistan continued to roil the markets. The ISDEX http://www.wsrn.com/apps/ISDEX/ declined fractionally to 121, and the Nasdaq gained 7 to 1631. The S&P 500 lost 3 to 1064, and the Dow slipped 11 to 9911. Volume rose to […]

Stocks were battered again on Wednesday on a cautious outlook from Novellus and more accounting worries. The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 2 to 121, and the Nasdaq lost 27 to 1624. The S&P 500 fell 6 to 1067, and the Dow dropped 58 to 9923. Volume rose to 1.07 billion shares on the NYSE, and 1.41 […]