Paul Shread

Stocks finished in the plus column but off their best levels after the Federal Reserve signaled an end to rate cuts. The ISDEX http://www.wsrn.com/apps/ISDEX/ slipped 1 to 166, and the Nasdaq rose 3 to 1880. The S&P 500 gained 4 to 1170, and the Dow climbed 57 to 10,635. Volume edged higher to 1.25 billion […]

Better than expected news on inflation, industrial production and consumer confidence boosted stocks on Friday. The ISDEX http://www.wsrn.com/apps/ISDEX/ slipped 1 to 164, and the Nasdaq rose 14 to 1868. The S&P 500 surged 13 to 1166, and the Dow rose 90 to 10,607. Volume rose to 1.48 billion shares on the NYSE, and 1.69 billion […]

Tech stocks slipped again on Thursday on concern about PC sales and DRAM pricing, and a lackluster earnings report after the bell from Oracle didn’t help matters any. The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 3 to 165, and the Nasdaq slipped 7 to 1854. The S&P 500 declined 1 to 1153, and the Dow rose 15 to […]

Weaker than expected retail sales jolted stocks on Wednesday, as investors worried that consumers may be reining in their spending. Chip stocks got hit on downgrades. The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 4 to 169, and the Nasdaq lost 35 to 1862. The S&P 500 fell 11 to 1154, and the Dow dropped 130 to 10,501. Volume […]

Warnings from Nokia and Lucent and worries about business at Cisco and Microsoft sent tech stocks sprawling on Tuesday. The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 4 to 173, and the Nasdaq lost 32 to 1897. The S&P 500 slipped 2 to 1165, and the Dow gained 21 to 10,632. Volume rose to 1.31 billion shares on the […]

Stocks rose Friday on stronger than expected employment numbers, but blue chips gave back much of those gains on a negative SEC filing by GE. The ISDEX http://www.wsrn.com/apps/ISDEX/ surged 7 to 173, and the Nasdaq rose 48 to 1929. The S&P 500 added 6 to 1164, and the Dow climbed 47 to 10,572. Volume declined […]

Comments Thursday by Fed Chairman Alan Greenspan that an economic recovery is well underway caused stock and bond markets to begin to worry about higher interest rates. The ISDEX http://www.wsrn.com/apps/ISDEX/ slipped fractionally to 166, and the Nasdaq lost 8 to 1881. The S&P 500 slipped 5 to 1157, and the Dow gave back 48 to […]

More reports that manufacturing has begun to recover sent stocks higher on Wednesday. The ISDEX http://www.wsrn.com/apps/ISDEX/ was unchanged at 166, and the Nasdaq rose 24 to 1890. The S&P 500 climbed 16 to 1162, and the Dow bounced 140 to 10,574. Volume declined to 1.5 billion shares on the NYSE, and 1.9 billion on the […]

Traders took profits in blue chips on Tuesday following two days of strong gains, but tech stocks managed to end the day higher. The ISDEX http://www.wsrn.com/apps/ISDEX/ rose 1 to 166, and the Nasdaq added 6 to 1866. The S&P 500 slipped 7 to 1146, and the Dow fell 153 to 10,433. Volume declined to 1.54 […]

Momentum from Friday’s strong gains carried over into Monday, as the Dow posted another 200 point gain and the rest of the market followed. The ISDEX http://www.wsrn.com/apps/ISDEX/ soared 11 to 165, and the Nasdaq surged 56 to 1859. The S&P 500 rose 22 to 1153, and the Dow surged 217 to 10,586. Volume rose to […]

Stocks soared on Friday on news that the manufacturing sector grew in February for the first time in 18 months. The ISDEX http://www.wsrn.com/apps/ISDEX/ soared 9 to 153, and the Nasdaq surged 71 to 1802. The S&P 500 rose 25 to 1131, and the Dow soared 262 to 10,368. Volume rose to 1.45 billion shares on […]

A new newsgroup, comp.distributed, has been approved for discussion of distributed systems, applications, resources and platforms, including peer-to-peer and computational grids, according to co-founders Rajkumar Buyya and Dave DiNucci. An official control message was sent out Feb. 5 to create the group, Buyya and DiNucci said, “so you should find it available on your Internet […]