Paul Shread

Technology stocks were strong Tuesday, but blue chips slipped on weak factory orders and Argentina’s impact on financial stocks. The ISDEX http://www.wsrn.com/apps/ISDEX/ rose 1 to 197, and the Nasdaq gained 18 to 2055. The S&P 500 declined 4 to 1160, and the Dow gave back 46 to 10,150. Volume declined to 1.24 billion shares on […]

For the second straight day, a strong open on Wall Street faded by the end of the day. The ISDEX http://www.wsrn.com/apps/ISDEX/ slipped 1 to 196, and the Nasdaq lost 22 to 2037. The S&P 500 declined 7 to 1164, and the Dow gave back 62 to 10,197. Volume declined to 1.3 billion shares on the […]

Stocks ended the first week of 2002 on an up note, bolstered by a better than expected unemployment report and a strong reading on the services sector. The ISDEX http://www.wsrn.com/apps/ISDEX/ rose 3 to 198, and the Nasdaq added 15 to 2059. The S&P 500 gained 7 to 1172, and the Dow climbed 87 to 10,259. […]

Chip stocks soared 8% Thursday on analyst upgrades of Intel and Micron, leading the broader market higher. The ISDEX http://www.wsrn.com/apps/ISDEX/ surged 8 to 194, and the Nasdaq bolted 65 to 2044. The S&P 500 gained 10 to 1165, and the Dow climbed 98 to 10,172. Volume rose to 1.41 billion shares on the NYSE, and […]

An early sell-off marked the start of a new year on Wall Street on Wednesday, but stocks clawed back to end the day on the plus side. Traders ignored a much-better than expected ISM (formerly NAPM) report on the strength of the manufacturing sector in the early sell-off. The ISDEX http://www.wsrn.com/apps/ISDEX/ rose 4 to 185, […]

Stocks edged higher Friday on a much stronger than expected consumer confidence report. The ISDEX http://www.wsrn.com/apps/ISDEX/ rose 3 to 183, and the Nasdaq gained 10 to 1987. The S&P 500 added 3 to 1161, and the Dow climbed 5 to 10,136. Volume was light at 905 million shares on the NYSE, and 1.3 billion on […]

The Nasdaq recovered some of Thursday’s steep losses on a better than expected outlook form Nortel. A stronger than expected Michigan consumer sentiment reading also helped. The ISDEX http://www.wsrn.com/apps/ISDEX/ rose 4 to 176, and the Nasdaq gained 27 to 1945. The S&P 500 added 4 to 1144, and the Dow climbed 50 to 10,035. Volume […]

Stocks fell sharply Thursday on an earnings warning from Juniper Networks and on news of a major security flaw in Microsoft Windows XP. Blue chips didn’t escape the selling either. Hopes for an economic stimulus package dimmed, a failed terrorism insurance bill hit insurance companies, Argentina was rocked again by turmoil, and JP Morgan got […]

Blue chip stocks rose Wednesday on a better than expected Leading Economic Indicators reading and on hope for a Congressional agreement on an economic stimulus package, but tech stocks fell on profit worries. The ISDEX http://www.wsrn.com/apps/ISDEX/ slipped 3 to 182, and the Nasdaq lost 21 to 1982. The S&P 500 rose 6 to 1149, and […]

A positive outlook from GE and strong housing data sent stocks higher on Tuesday. The ISDEX http://www.wsrn.com/apps/ISDEX/ rose 3 to 185, and the Nasdaq climbed 17 to 2004. The S&P 500 rose 8 to 1142, and the Dow gained 106 to 9998. Volume rose to 1.33 billion shares on the NYSE, and 1.85 billion on […]

Stocks rose on another merger Monday, led by a proposed merger between Vivendi and USA Networks. The ISDEX http://www.wsrn.com/apps/ISDEX/ rose 3 to 181, and the Nasdaq surged 34 to 1987. The S&P 500 rose 11 to 1134, and the Dow climbed 80 to 9891. Volume declined to 1.23 billion shares on the NYSE, and 1.82 […]

The Nasdaq bounced at a key support level on Friday, and stocks staged a late rally on hope that Osama bin Laden will be caught. However, a top U.S. military official said after the close that the U.S. is not sure where the terrorist is hiding. The ISDEX http://www.wsrn.com/apps/ISDEX/ slipped 1 to 178, and the […]