Here’s Why You’ll Be Seeing More Java
An unexpected 1.4% drop in November Durable Goods orders sent the
market down on the open, and it stayed down all session in a fairly tight range.
Volume was light on this Christmas Eve. The Dow closed down 45 to 8448.11, the Nasdaq closed 9 to 1372.47, and the S&P closed down five to 892.47.
Decliners outpaced gainers by a small margin.
Retail continues to be weak, as Target said same-store sales were down last
week compared with year-ago levels.
A ruling that Microsoft must include Java in its Windows operating system
sent shares of Sun Microsytems
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today, closed at 3.13, up .17. MSFT closed at 53.83, down .17.
Intel
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down .94 to 36.74, and Intel .43 to 16.78. Yesterday, Citigroup company
announced it would take a $1.5 billion charge off.
Electronic Data Systems
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contract with ABN Amro. EDS closed at 18.48, up .28.
Allergan
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patients with chronic dry eye disease. AGN closed at 58.17, up 5.43.