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Dow
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pikachu
Veteran |
20-Apr-2007 07:52
Yells: "Holy Cow!" |
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Dow closed positive 4 points! Shiok !!!! | |||||||||||||||||||||
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lookcc
Master |
20-Apr-2007 00:22
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the lesser dow falls 2day, the harder its fall at closing on saturday morning.......just a tot. | |||||||||||||||||||||
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tiandi
Senior |
19-Apr-2007 22:33
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Cool ! Business as usual , DJIA drop about 0.16% at this point. Thanks USA folks for stabilising share prices.. | |||||||||||||||||||||
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pikachu
Veteran |
19-Apr-2007 20:45
Yells: "Holy Cow!" |
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Oh.... CRAP !!! Stocks set for selloffFutures lower as investors react to plunging Asia markets, mixed earnings news, one day after the Dow soared to a new record high.NEW YORK (CNNMoney.com) -- Stock futures turned lower Thursday morning, one day after the Dow Jones industrial average hit a fresh record high, as a mixed bag of earnings reports rattled investors. Stock futures were down in early trading, indicating a lower open for U.S. markets, after the Dow hit an all-time high Wednesday on upbeat earnings from JPMorgan (Charts, Fortune 500) and others and ahead of earnings from some other key bellwether companies. Overseas, stocks in Asia fell sharply after investors reacted to China's GDP report, which showed that the economy grew 11.1 percent from a year earlier on strong investment and exports. The news fueled fears that Beijing to might raise interest rates to cool the economy. Major indexes in Europe were also down in early trading. The dollar was lower against the euro and the yen. "We've had a market that is trending higher and is in record territory," said Art Hogan, chief market strategist at Jefferies & Co. But "as we look at today's market we've got some fear that perhaps if China's economy slows, the global economy will slow as well," Hogan said, which coupled with mixed news on the earnings front, is causing futures to selloff. Thursday morning, Dow component Altria (Charts, Fortune 500) posted earnings and revenues below Wall Street estimates, while Dow component Merck (Charts, Fortune 500) posted quarterly earnings that met Wall Street expectations. Bank of America (Charts, Fortune 500) said first-quarter profit rose, beating expectations, as did Merrill Lynch (Charts, Fortune 500). Insurer UnitedHealth (Charts, Fortune 500) posted earnings above expectations but forecast a key medical-cost barometer would come in worse than expected for the year. No. 4 carrier Continental Airlines Inc. (Charts, Fortune 500) also posted a better-than-expected first-quarter profit. And Southwest Airlines (Charts, Fortune 500) posted higher first-quarter earnings. After the close Wednesday, eBay (Charts, Fortune 500) reported higher quarterly earnings that topped forecasts and said that 2007 results would be at the top of analysts' forecasts. In other corporate news, Hewlett-Packard (Charts, Fortune 500) is leading the worldwide personal-computer market ahead of Dell Inc. (Charts, Fortune 500), according to reports by two separate technology research firms. And Microsoft (Charts, Fortune 500) announced that it will offer an affordable software package to developing nations that purchase and supply PCs directly to students. The software maker also pledged to open 90 new "innovation centers," which offer classes and access to technology, around the world. Thursday also brings the March index of leading economic indicators and the April Philadelphia Fed index. Treasury prices rose ahead of the day's economic news, taking the yield on the 10-year note to 4.63 percent, down from 4.65 percent late Wednesday. Oil prices edged lower in early trading Thursday. U.S. light crude was down 11 cents at $63.02 a barrel in electronic trading. 
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teeth53
Supreme |
19-Apr-2007 18:50
Yells: "don't learn through life, learn to grow with life " |
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iPunter
Supreme |
19-Apr-2007 13:28
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In the past 2 days, the STI ignored the strong Dow showing... |
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tiandi
Senior |
19-Apr-2007 08:21
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So, the BULL in USA had recovered the lost ground of Feb 27's 3% lost. This should mean well for Singapore as well as other countries. Good Luck to all. |
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bsiong
Supreme |
19-Apr-2007 08:04
Yells: "The Greatest Wealth is Health" |
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U.S. stocks finished mixed Wednesday, with the Dow Jones Industrial Average breaching record territory after upbeat earnings from JP Morgan Chase & Co. and Intel Corp., while weakness in the technology sector persisted after lower-than-expected earnings at Yahoo Inc. and a downgrade of IBM. The Dow Jones Industrial Average was up 30 points at 12,803 at the unofficial 4 p.m. close. The Dow broke through both its previous intraday record high and its closing record high, lifted by gains in only 11 of its 30 components.
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bsiong
Supreme |
18-Apr-2007 22:39
Yells: "The Greatest Wealth is Health" |
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Guess that it would be another day of roller coaster... |
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tanglinboy
Elite |
18-Apr-2007 21:53
Yells: "hello!" |
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Dow now down on open...... 
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tanglinboy
Elite |
18-Apr-2007 21:24
Yells: "hello!" |
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Dow set to open lower later... Earnings onslaught takes toll on stocksFutures lower as investors digest a mixed bag of earnings reports one day after Dow flirted with fresh record high.NEW YORK (CNNMoney.com) -- Stock futures turned lower Wednesday morning, one day after the Dow Jones industrial average neared a fresh record high, as a mixed bag of earnings reports unnerved investors. Stock futures were down in early trading, indicating a lower open for U.S. markets, after earnings reports from JP Morgan Chase, United Technologies and Motorola were mixed, and ahead of earnings from some other key bellwether companies. Stocks surged earlier this week as investors eyed merger news and a rash of earnings. Blue chips extended gains Tuesday while the tech-driven Nasdaq struggled. After the closing bell Tuesday, Yahoo (Charts) disappointed, reporting quarterly revenue and earnings that were short of forecasts, sending shares 6 percent lower in extended-hours trading. IBM (Charts) reported higher quarterly earnings that met estimates and higher sales that topped forecasts, but shares lost 1 percent in extended-hours trading. Intel (Charts) reported higher first-quarter earnings that met estimates on lower revenue that missed forecasts. Shares were little changed in extended-hours trading. Before the bell Wednesday, Dow component JP Morgan Chase (Charts) posted higher quarterly earnings that surpassed estimates. Fellow Dow component United Tech (Charts) also reported higher quarterly earnings that beat estimates. But cellphone maker Motorola (Charts) posted a quarterly loss and lower revenue. Kraft Foods (Charts) and eBay (Charts) report earnings later in the day. In other corporate news, Internet phone service provider Vonage Holdings Corp. (Charts) said its legal woes could lead to bankruptcy, according to a regulatory filing. And a massive system wide failure of Research in Motion's (Charts) BlackBerry network has brought e-mail to a halt for users of the handheld communication devices Wednesday morning, according to a report from a New York TV news channel. With little economic news on deck, Treasury prices rose, taking the yield on the 10-year note to 4.68 percent from 4.69 late Tuesday. Oil prices fell in early trading Wednesday ahead of the EIA's weekly inventory report. U.S. light crude fell 41 cents to $62.69 a barrel in electronic trading. Stocks in Asia ended mixed, while major indexes in Europe fell in early trading. The dollar was a little lower against the euro and the yen. |
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iPunter
Supreme |
18-Apr-2007 16:58
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With this kind of action, the bullrun obviously is continuing after the recent big correction... It has much steaming ahead to do yet... |
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Livermore
Master |
18-Apr-2007 12:30
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I think Dow will break new high soon | |||||||||||||||||||||
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bsiong
Supreme |
18-Apr-2007 11:46
Yells: "The Greatest Wealth is Health" |
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Summary Report 17/4 http://moviesbank.blogspot.com/
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cyjjerry85
Elite |
15-Apr-2007 03:43
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US stocks advanced on Friday, boosted by stronger profit outlooks from drug maker Merck & Co and fast-food restaurant chain McDonald's. The Dow Jones industrial average rose 59.17 points, or 0.47 per cent, to end at 12,612.13. The Standard & Poor's 500 Index gained 5.05 points, or 0.35 per cent, to 1,452.85. The Nasdaq Composite Index climbed 11.62 points, or 0.47 per cent, to close at 2,491.94. | |||||||||||||||||||||
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cyjjerry85
Elite |
14-Apr-2007 14:37
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let's see how this will affect our STI on Monday!!! | |||||||||||||||||||||
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Novocaine
Veteran |
14-Apr-2007 07:07
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Was a bit skeptical initially..but now i myself believe the bulls are back in town and they are more ferocious than ever..:) | |||||||||||||||||||||
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Novocaine
Veteran |
14-Apr-2007 07:06
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The major averages closed modestly higher Friday as some upbeat corporate news eventually helped investors look past mixed economic data.
With the Fed recently increasing its attention on raw material prices as the chief influence on inflation, the market's early focus was on the March PPI report. Core PPI in March checking in unchanged was initially comforting; but the soft number, coupled with rising food and energy costs, did not exactly signal that inflation is back under control. Another report showing erosion in consumer sentiment and that one-year inflation expectations are at the highest level in eight months also sidelined the bulls in early action. Be that as it may, investors gradually embraced leadership in two of the S&P 500's most heavily-weighted sectors -- Financials and Health Care. The latter got a huge boost from Merck (MRK 50.20 +3.84), which opened up 6% at a three-year high after upside Q1 and FY07 EPS guidance prompted an upgrade from Goldman Sachs. By far today's best performing Dow component (+8.3%), Merck accounted for more than half of the Dow's 59-point advance. Financials garnered some early interest following reports that SLM Corp. (SLM 46.76 +6.01) could be taken private in a deal worth $30 bln, including debt. ABN AMRO (ABN 48.28 +2.49) confirming receipt of a joint letter from three potential acquirers late in the day gave the sector an added lift. It wasn't until news out of Cisco Systems (CSCO 26.65 +0.68) late in the session, though, that helped the Nasdaq finally break out of its intraday funk. After trading down as much as 1.2% in early trading, Cisco spiked more than 3.0% after its Chief Development Officer said the company is at the "high end" of sales forecasts and is in the "early phases" of an upgrade cycle. The news gave the market a late-day lift, especially among tech companies reeling from a handful of warnings that have placed the sector's growth prospects under scrutiny of late. Technology bounced 1.1% from its intraday lows. Nasdaq +11.62 at 2491.94... NYSE Adv/Dec 1940/1306... Nasdaq Adv/Dec 1902/1119. |
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Novocaine
Veteran |
14-Apr-2007 07:05
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tanglinboy
Elite |
13-Apr-2007 22:07
Yells: "hello!" |
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Stocks up little bit on open! |
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