Paul Shread

Stocks gave back a third of Wednesday’s huge gains on Thursday, as an anthrax scare at the Federal Reserve accelerated profit-taking. The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 5 to 122, and the Nasdaq lost 45 to 1650. The S&P 500 dropped 15 to 1073, and the Dow lost 104 to 10,037. Volume fell to 1.15 billion shares […]

Cisco’s earnings report sent stocks soaring on Wednesday. The Nasdaq gained 7.8% and the Dow posted its biggest point gain since September 24. The ISDEX http://www.wsrn.com/apps/ISDEX/ soared 12 to 127, and the Nasdaq surged 122 to 1696. The S&P 500 bolted 39 to 1088, and the Dow gained 305 to 10,141. Volume rose to 1.5 […]

Cisco Systems climbed after hours on Tuesday on better than expected results. Federal Reserve comments that the economic recovery remains uncertain kept a lid on the market during the day. The ISDEX http://www.wsrn.com/apps/ISDEX/ lost 2 to 114, just 8 points above its September low, and the Nasdaq slipped 4 to 1573. The S&P 500 declined […]

Stocks plunged Monday ahead of a Federal Reserve meeting and Cisco’s earnings on Tuesday. Continued economic and earnings weakness continued to weigh on the market, and comments by Warren Buffett that a nuclear terrorist attack on U.S. soil is all but inevitable at some point also unnerved investors. The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 4 to 116, […]

A weaker than expected employment report for April sent stocks sprawling on Friday. The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 2 to 120, and the Nasdaq lost 31 to 1613. The S&P 500 dropped 11 to 1073, and the Dow fell 85 to 10,006. Volume declined to 1.3 billion shares on the NYSE, and 1.98 billion on the […]

Technology stocks had another rough day on Thursday, as former leaders Oracle and Sun Microsystems continued to set new lows in heavy volume. The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 5 to 123, and the Nasdaq lost 32 to 1644. The S&P 500 slipped 1 to 1084, and the Dow gained 32 to 10,091. Volume declined to 1.36 […]

Blue chips investors ignored a weaker than expected manufacturing report on Wednesday and focused instead on strong auto sales, but tech stocks ended the day down. The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 3 to 128, and the Nasdaq fell 10 to 1677. The S&P 500 rose 9 to 1086, and the Dow gained 113 to 10,059. Volume […]

Stocks rose Tuesday on favorable consumer confidence and manufacturing readings. The ISDEX http://www.wsrn.com/apps/ISDEX/ surged 4 to 131, and the Nasdaq bolted 31 to 1688. The S&P 500 rose 11 to 1076, and the Dow gained 126 to 9946, but was repelled at the 10,000 level. Volume surged to 1.55 billion shares on the NYSE, and […]

Blue chip stocks were battered again on Monday, but tech stocks fared somewhat better for a change. The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 2 to 127, and the Nasdaq lost 6 to 1656. The S&P 500 dropped 10 to 1065, and the Dow fell 90 to 9819. Volume declined to 1.26 billion shares on the NYSE, and […]

Yet another day of disappointing earnings and worries that the U.S. economic rebound may not last sent stocks sprawling on Friday, capping the worst week in the stock market since September. The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 5 to 130, and the Nasdaq plunged 49 to 1663. The S&P 500 dropped 15 to 1076, and the Dow […]

Platform Computing and SciTegic have announced Platform Life Sciences Suite, a collaboration the companies say is “the industry’s first fully-automated in silico discovery solution.” Platform is combining its workload management software, Platform LSF and Platform JobScheduler, with SciTegic’s Pipeline Pilot, a high-throughput data analysis and mining system for drug discovery informatics, to deliver “a comprehensive […]

In a reverse of the last two years in the stock market, AOL and Amazon rose on Wednesday while the rest of the market fell. The ISDEX http://www.wsrn.com/apps/ISDEX/ slipped 1 to 135, and the Nasdaq lost 16 to 1713. The S&P 500 fell 7 to 1093, and the Dow dropped 58 to 10,030. Volume rose […]