Stock Market Recap
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David Goodboy
A surprisingly lower earnings report from computer stalwart Dell triggered selling across tech names. Despite a strong late day bargain hunter fueled surge, stocks closed in negative territory for the session. (more)
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Analysts revealed that stock prices have already reflected a 25% earnings increase next year. Confirmation of these over optimistic levels triggered a broad based sell off today. (more)
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Stocks posted a valiant fight back toward breakeven after a slew of negative data knocked the market negative earlier in the session. (more)
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Stocks traded in an erratic and mostly negative manner during the morning session, then rising energy costs lifted stocks for a close into positive territory on Tuesday. (more)
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Stocks hit a 13-month high today as surprisingly positive retail sales figures helped to power the gains. (more)
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Positive earnings surprise from several retailers and consumer companies guided stocks to their 2nd straight weekly gain. (more)
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Stocks gave up their winning ways today, falling across the board. Energy shares led the decline when larger than estimated oil reserves depressed prices. (more)
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Hewlett Packard buys 3Com for a hefty $2.7 Billion and Toll Brothers surprises the housing development industry by announcing strong expected revenues to beat estimates- shares soar 8.08% on the news. (more)
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Stocks took a break today from the raging bull market closing mixed on the session. Meanwhile crude-oil futures fell as U.S. dollar climbed slightly. (more)
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The G20 nations agreed to continue the economic stimulus sending stocks surging higher across the board. Gold hits another record high on the day. (more)
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A shockingly poor October jobs report and a spate of company upgrades all resulted in a vacillating, near break even trading day. (more)
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Waves of positive news swept stocks higher today. Sinking unemployment and positive words from Cisco Systems fueled the broad based rally. (more)
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Stocks ended mixed as the Fed vowed to keep rates unchanged until additional growth is evident in the economy. Meanwhile, chip giant Intel was served with suit papers on Wednesday. (more)
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Warren Buffett's blockbuster deal to purchase Burlington Northern Santa Fe triggered a rally in the transportation sector but was insufficient impetus to drag the broader market higher. Indexes closed mixed on the day. (more)
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Stocks experienced wide swings in an intense roller coaster like session, which finally ended with positive home sales data acting to lift stocks into a positive close. (more)
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The final trading day of the week was a horror for the bulls as the major indexes closed sharply lower. Fears regarding declining consumer spending triggered the aggressive selling. (more)
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A banner day for the stock market bulls as a better than expected GDP report triggered broad based buying on Wall Street. (more)
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Stocks were spooked today as the housing numbers disappointed investors. Serious worries about the reality of the economic recovery triggered an all session long selling frenzy. (more)
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Despite a strong showing from the home price index, U.S. markets closed with a positive DJIA while the other major indexes ended in negative territory. (more)
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Stocks were smacked down from an early morning rally on deep seated fears that first-time home buyer tax credit will be eliminated. (more)
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