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Big rally on Wall Street
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After high selling pressure in last hour of trading on Tuesday evening, investors were all smiles on Wednesday after positive news flowing from most sides.
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Tech Stocks Plummet
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The selling pressure in the stock markets again hit the tech stocks on Tuesday evening.
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Investors Brace for More Bad Bank News
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With banking sector portfolios reporting more bad news about mortgage backed securities and other debt instruments and Wall Street expecting the portfolio’s losses to be a minimum of $20 billions in the fourth quarter, stock markets witnessed a volatile downturn last week.
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Sudden downfall in stocks may put economy into big risk again
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The stocks that seemed to be providing a big boost to the economy just a day earlier, is below the expectation today. The beginning of November witnessed the falling of the stocks including disappointing earnings. The stock market basically began on a sharply lower note that continued and later worsen; pulling the Dow Jones Industrial average down more than 360 points that gained more than 130 points earlier.
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Stock market still on the low but with small signs of improvement
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Stock markets again dropped below against the Euro with investors reluctant to take market risks anymore. Reflecting the present market turmoil gold prices also dropped below $780 an ounce. The drop in gold prices may impact the entire economic sector in a negative way, a fact that has been attested by media reports in recent times. Investors are also keeping their fingers crossed for the time being.
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Shock after shock for US Mortgage Lenders
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The US mortgage market is under huge pressure as one by one the things are becoming difficult. Most of the banks and financial institutions are facing losses in there third quarter. Yesterday the Chief Executive Officer of Merrill Lynch Mr. Stanley O’Neal has been stepped down from his post, becoming the biggest victim of sub prime mortgage mess till date. He came under pressure when the company reported loss of $8 billion. However, it is considered that the reason behind his decline is his proposal to Wachovia for a potential merger, without the knowledge of the board.
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Stock market touches a new low with rise in prices of essential commodities.
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Stock market continues to be on the downslide with lenders losing billions of dollars. Borrowers with poor credit history failed to return their loans augmenting the crisis situation further. Highly placed sources inform that the sub prime mortgage reality is not going to end any further in the near future.
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Stocks market continue to show downward trends
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As the recent stock market trends revealed the manic nature of the market continued to be on the rise. Showing little hope for rejuvenation the stocks are moving back with passing of every single day. According to reports gathered from highly placed sources, the Dow, Nasdaq and S&P were down by 127, 40, and 15 points, respectively.
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Stock market witness downward trends bringing heartbreaks for many
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The stock market witnessed downward trends today, as Merrill Lynch had to forget $7.9 billion in losses related to mortgage-related securities. Stock market being one of the most important sources for companies to raise money it led to a harsher impact on companies who had invested in the markets.
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Stock market basking in the glory of strong earnings
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Wall street stocks appeared much higher today as corporate earnings jumped signaling positive trends for the stock exchange. Sustaining market hiccups the stock market is basking in its newfound glory with more cash inflow into the market The strong buoyancy in the corporate sector mainly Information Technology sector also contributed a lot in empowering the stock market.
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