By Rodrigo Campos NEW YORK (Reuters) – U.S. stocks were having their worst day of 2010 on Wednesday as lending restrictions in China worried investors about the global economic recovery, while a conservative outlook from IBM weighed down technology shares. Official media and banki…
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Stocks fall on China lending curb, IBM outlook – Dow down 200
Posted on: January 20th 2010 in Market News.
Stocks slide on weaker confidence data, earnings – Wall Street
Posted on: July 29th 2009 in Market News.
Stocks edge lower as consumer confidence falls; Mixed earnings reports weigh on market NEW YORK (AP) — An economic reality check is putting the stock market rally back on hold. Stocks mostly fell Tuesday after the Conference Board said consumer confidence weakened more than expect…
Profits embolden US companies, but revenue lacking
Posted on: July 26th 2009 in Market News.
NEW YORK: Corporate America is turning a profit again, but only by spending less, not making more. While recent bullish profit reports have fueled the stock market, a true economic revival will depend on consumers opening their wallets. So far, there’s little evidence of that. Big…
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