Paul Shread

Stocks fell early Tuesday on comments from Nortel that business conditions have worsened in the last few weeks, but the market managed to pare its losses by the close. The ISDEX http://www.wsrn.com/apps/ISDEX/ slipped 1 to 158, and the Nasdaq lost 12 to 1834. The S&P 500 declined 4 to 1107, and the Dow gave back […]

The Open Grid Services Architecture (OGSA) described in the new Globus-IBM paper, “The Physiology of the Grid,” builds on the widely adopted Globus Toolkit and Web services technologies. The toolkit components most relevant to OGSA are the Grid Resource Allocation and Management (GRAM) protocol and its “gatekeeper” service, which provides for secure, reliable, service creation […]

Stocks continued their rebound on Monday, but volume fell again on the advance. The ISDEX http://www.wsrn.com/apps/ISDEX/ rose 2 to 160, and the Nasdaq gained 27 to 1846. The S&P 500 rose 15 to 1111, and the Dow surged 140 to 9884. Volume declined to 1.15 billion shares on the NYSE, and 1.56 billion on the […]

Stocks finally bounced on Friday, as buyers stepped in after five straight down days. The ISDEX http://www.wsrn.com/apps/ISDEX/ rose 6 to 158, and the Nasdaq gained 36 to 1818. The S&P 500 rose 16 to 1096, and the Dow surged 116 to 9744. Volume declined to 1.37 billion shares on the NYSE, and 1.79 billion on […]

Stocks struggled to stay in positive territory on Thursday despite disappointing results from Cisco Systems, but finally succumbed to selling pressure in the final hour of trading. The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 3 to 151, and the Nasdaq lost 30 to 1782. The S&P 500 declined 3 to 1080, and the Dow fell 27 to 9625. […]

Cisco fell after hours on Wednesday after the company said that visibility remains limited, capping a weak day for stocks. The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 3 to 155, and the Nasdaq lost 25 to 1812. The S&P 500 declined 6 to 1083, and the Dow fell 32 to 9653. Volume declined to 1.7 billion shares on […]

Tech stocks fell Tuesday on an earnings warning from Ciena. Blue chips weakened after Senate Democrats said the economic stimulus bill is dead. The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 5 to 158, and the Nasdaq lost 17 to 1838. The S&P 500 declined 4 to 1090, and the Dow slipped 1 to 9685. Volume rose to 1.77 […]

Accounting worries led to yet another sharp decline on Wall Street on Monday. The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 10 to 164, and the Nasdaq lost 55 to 1855. The S&P 500 declined 27 to 1094, and the Dow dropped 220 to 9687. Volume rose to 1.45 billion shares on the NYSE, and 1.77 billion on the […]

Stocks surged again Thursday on hope that the worst of the economic downturn is over. Better than expected earnings from Procter & Gamble also helped. The ISDEX http://www.wsrn.com/apps/ISDEX/ gained 1 to 176, and the Nasdaq rose 20 to 1934. The S&P 500 gained 16 to 1130, and the Dow surged 157 to 9920. Volume declined […]

Stocks staged a high-volume reversal on Wednesday, falling on growing accounting concerns but then turning around after Tyco executives said they were buying one million shares of the company’s stock. The Federal Reserve left interest rates unchanged and said there are signs the economy is recovering, but that risks remain weighted to the downside. Fourth-quarter […]

Stocks plunged Tuesday on continued accounting concerns and news that IBM CEO Louis Gerstner will step down. President Bush will deliver his State of the Union speech tonight, and investors will be watching fourth-quarter GDP and the Fed’s decision on interest rates tomorrow; no rate change is expected. The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 4 to 177, […]

Stocks rose in quiet trade Monday, ahead of a busy week that will include the first read on fourth-quarter GDP, a Federal Reserve meeting and President Bush’s State of the Union speech. The ISDEX http://www.wsrn.com/apps/ISDEX/ rose 1 to 181, and the Nasdaq gained 6 to 1943. The S&P 500 slipped fractionally to 1133, and the […]