Indexes Close Down On Poor Earnings
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Major indexes all close down for the day; slide was
led by Nasdaq tech stocks, reacting from Intel and Yahoo’s negative earnings.Â
Nasdaq closed down 1% and was the index most affected
by the poor earnings reports.
Yahoo
(
YHOO |
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News |
PowerRating)
closed down over 12% on a poor earnings report.
Intel
(
INTC |
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PowerRating)
closed down 11.5% on poor earnings.Â
IBM
(
IBM |
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PowerRating)
exceeded earnings and posted profits that rose 13% in Q4. IBM closed up
almost 1%.
Crude oil nearly reached $75 a barrel early today, but
fell back and closed at 65.75.
href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>Stocks On The
Move
Southwest Airlines
(
LUV |
Quote |
Chart |
News |
PowerRating) Q4 Profit Rises On 20.1% Revenue Growth And Hedging, EPS Misses
Estimates (full
story).
Bank Of New York
(
BK |
Quote |
Chart |
News |
PowerRating)
Q4 EPS Rises On Higher Revenues (full
story).
JPMorgan
(
JPM |
Quote |
Chart |
News |
PowerRating)
Q4 Profit Climbs 62% On Investment Banking Gains (full
story).
SunTrust
(
STI |
Quote |
Chart |
News |
PowerRating)
Banks Q4 Profit Rises In Line With Street Views On 10% Rise In Net Interest
Income (full
story).
Charles Schwab
(
SCHW |
Quote |
Chart |
News |
PowerRating)
Q4 EPS Surges On 11% Higher Revenues (full
story).
EBay’s
(
EBAY |
Quote |
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News |
PowerRating)
Q4 May Piggy-ride A Solid Holiday Web-shopping Wave (full
story).
For more stories as they happen, go to our href=”https://tradingmarkets.com.site/news/Breaking%20News/”>Breaking
News section.
width=”26%” height=14>
Dow
align=middle width=”41%” height=14>
-41.46
align=middle width=”48%” height=14>
10854.86
width=”26%” height=16>
NASDAQ
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-23.05
align=middle width=”48%” height=16>
2279.64
width=”26%” height=16>
S&P 500
align=middle width=”41%” height=16>
-5.00
align=middle width=”48%” height=16>
1277.93
width=”26%” height=16>
align=middle width=”41%” height=16>
size=2>NYSE
align=middle width=”48%” height=16>
size=2>NASDAQ
width=”26%” height=14>
Volume
align=middle width=”41%” height=14>
2,182,739,000
align=middle width=”48%” height=14>
2,275,434,000
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Advances
align=middle width=”41%” height=16>
1485
align=middle width=”48%” height=16>
1427
width=”26%” height=16>
Declines
align=middle width=”41%” height=16>
1819
align=middle width=”48%” height=16>
1604
width=”26%” height=16>
Up Volume
align=middle width=”41%” height=16>
809
align=middle width=”48%” height=16>
825
width=”26%” height=16>
Down Volume
align=middle width=”41%” height=16>
1200
align=middle width=”48%” height=16>
1297
width=”26%” height=16>
New Hi’s
align=middle width=”41%” height=16>
97
align=middle width=”48%” height=16>
115
width=”26%” height=16>
New Lo’s
align=middle width=”41%” height=16>
34
align=middle width=”48%” height=16>
36
Â
Strongest
Sectors
Weakest
Sectors
(
XAL |
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(
HUI |
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(
HMO |
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(
XAU |
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(
NWX |
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(
IXCOX |
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href=”https://tradingmarkets.com.site/news/Economic%20News/”>Economic
News
Consumer Prices Fall Unexpectedly On
Lower Energy Prices (full
story).
Mortgage Loan Application Volume Rises
(full
story).
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John Patrick Lee
johnl@tradingmarkets.com
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