Paul Shread

Stocks fell once again on Tuesday, but Amazon.com gave investors hope with better than expected numbers after the close. The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 5 to 137, and the Nasdaq lost 28 to 1730. The S&P 500 fell 6 to 1100, and the Dow dropped 47 to 10,089. Volume rose to 1.33 billion shares on the […]

Warnings from WorldCom and Ericsson dragged stocks lower on Monday. The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 4 to 142, and the Nasdaq lost 38 to 1758. The S&P 500 fell 17 to 1107, and the Dow dropped 120 to 10,136. Volume declined to 1.17 billion shares on the NYSE, but rose to 1.7 billion on the Nasdaq. […]

Sun Microsystems’ Grid Engine 5.3 software will be distributed by SuSE Linux in the new release of SuSE Linux 8.0 Professional Edition. Sun is calling the agreement the “first Linux distribution of a key enabling Grid technology from a major systems vendor.” “This new distribution is further evidence of Sun’s commitment to making its software […]

Microsoft finished the day up on Friday despite warning for 2002 and 2003. The ISDEX http://www.wsrn.com/apps/ISDEX/ was unchanged at 147, and the Nasdaq slipped 5 to 1796. The S&P 500 was up less than a point to 1125, and the Dow rose 51 to 10,257. Volume declined to 1.19 billion shares on the NYSE, and […]

Microsoft capped a tumultuous day in the stock market with a rare earnings miss and warning. During the day, an apparently accidental plane crash into a Milan building roiled a market that was already down on lowered sales estimates by Nokia and weak manufacturing earnings. Despite all that, the market fought back to finish down […]

Intel rose 3.8% Wednesday on its earnings report, but provided little support for the rest of the market, which was dragged lower by disappointing earnings from Boeing and United Technologies. The ISDEX http://www.wsrn.com/apps/ISDEX/ slipped less than a point to 149, and the Nasdaq gave back 6 to 1810. The S&P 500 declined 2 to 1126, […]

Better than expected results from Texas Instruments, Novellus and General Motors sent stocks soaring on Tuesday. The ISDEX http://www.wsrn.com/apps/ISDEX/ gained 5 to 150, and the Nasdaq soared 63 to 1816. The S&P 500 surged 25 to 1128, and the Dow bolted 207 to 10,301. Volume rose to 1.36 billion shares on the NYSE, and 1.77 […]

Continued weakness in GE and an earnings miss by Citigroup pressured blue chips on Monday. Techs got a boost after the close when Texas Instruments and Novellus topped estimates. The ISDEX http://www.wsrn.com/apps/ISDEX/ gained 1 to 144, and the Nasdaq slipped 2 to 1753. The S&P 500 lost 8 to 1102, and the Dow fell 97 […]

Technology stocks bounced on Friday, but the broader market continued to struggle after GE’s revenue miss. The ISDEX http://www.wsrn.com/apps/ISDEX/ gained 4 to 142, and the Nasdaq climbed 30 to 1756. The S&P 500 added 7 to 1111, and the Dow tacked on 14 to 10,190. Volume declined to 1.27 billion shares on the NYSE, and […]

Stocks plunged Thursday after GE missed revenue estimates and IBM was once again hit by accounting concerns. The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 7 to 138, and the Nasdaq plunged 41 to 1725. The S&P 500 lost 26 to 1103, and the Dow slumped 205 to 10,176. Volume rose to 1.51 billion shares on the NYSE, but […]

Stocks staged a strong rebound on Wednesday led by Cisco Systems and cyclical and retail stocks. The ISDEX http://www.wsrn.com/apps/ISDEX/ was unchanged at 145, and the Nasdaq gained 24 to 1767. The S&P 500 rose 12 to 1130, and the Dow surged 173 to 10,381. Volume surged to 1.44 billion shares on the NYSE, and 1.95 […]

Technology stocks slid Tuesday on rumors that Cisco Systems may warn. The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 4 to 145, and the Nasdaq dropped 43 to 1742. The S&P 500 fell 7 to 1117, and the Dow gave back 40 to 10,208. Volume rose to 1.22 billion shares on the NYSE, and 1.65 billion on the Nasdaq. […]