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  • Stocks Start Lower after Jobs and Trade data

    U.S. stocks started lower Thursday after a report showed first-time applicants for jobless benefits climbed last week and U.S. trade gap shrank to $44.8 billion in July. The Dow Jones Industrial Average lately fell 11.50 points to 11,403.36. The Standard & Poor’s 500 Index declined 2.39 points to 1,196.23. The Nasdaq Composite Index was off…

  • Stocks Surge as Europe Debt Concerns Ease

    U.S. stocks on Wednesday finished higher for their first session in four as fears about Europe’s debt troubles abated and the Federal Reserve found modest economic expansion. The Dow Jones Industrial Average jumped 275.56 points, or 2.47%, to 11,414.86. The Standard & Poor’s 500 Index climbed 33.38 points, or 2.86%, to 1,198.62 and the Nasdaq…

  • Stocks Rebound on Hopes for Obama Jobs Plan

    U.S. stocks opened higher on Wednesday with reports indicating that President Barack Obama is planning a $300 billion package to boost jobs and Germany’s top court smoothed the way for Berlin’s participation in bailout packages.  After a three-session losing run, the Dow Jones Industrial Average lately rose 142.51 points to 11,281.81. The Standard & Poor’s…

  • Stock Chart: Double Tops and Bottoms

    A much more common reversal pattern is the double top or bottom. Next to the head and shoulders, it is the most frequently seen and the most easily recognized.   Example of a bouble top. This pattern has two peaks (A and C) at about the same level. The pattern is complete when the middle…

  • Stocks Closed Lower for Third Session

    U.S. stocks closed lower for a third straight session on Tuesday on fears Europe is failing to tackle its debt crisis. The Dow Jones Industrial Average lost 100.96 points, or 0.90%, to 11,139.30. The S&P 500 ended down 8.73 points, or 0.74%, to 1,165.24. The Nasdaq Composite lost 6.50 points, or 0.26%, to 2,473.83. Shares…

  • What Zoellick said in an interview with Bloomberg Television

    “We are moving into a dangerous period and I think we now see the particularly sensitive time in the Euro zone. ” World Bank President Robert Zoellick said in an interview with Bloomberg Television in Singapore today. ” The number of issues are converging.In the summer, what you started to see was market losing confidence…

  • Stocks Opened Sharply Lower on Euro Zone Debt

    U.S. stocks fell sharply Tuesday on renewed fears the euro zone’s sovereign debt crisis is worsening and the U.S. economy was slipping back into a recession. The Dow Jones Industrial Average lately fell 204.34 points to 11,035.92. The Standard & Poor’s 500 Index shed 20.86 points to 1,153.11. The Nasdaq Composite Index declined 39.13 points…

  • Sep 02 NASDAQ Top Stock Picks: CDCS, EDMC, KIOR, …

    NASDAQ: CDCS (CDC Software Corporation) NASDAQ: CDCS (CDC Software Corporation) has closed at $3.93, and its traded Volume was 15.6K shares, CDCS opened the Day at $4, it made an intraday Low of $3.81, and an intraday High of $4. Price and Moving Averages analysis: CDCS’s close price is above its Short term moving average,…

  • Stocks Plunged after a Dismal Jobs Report, Ended Week Mixed

    U.S. stocks sank Friday, as a report showing the economy added no new jobs in August prompted investors to question what steps the U.S. Federal Reserve will take to bolster the economy. The Dow Jones Industrial Average finished the daily session down 253.31 points, or 2.20%, at 11,240.26. The S&P 500 Index fell 30.45 points,…

  • Stocks Plunge as Jobs Data Disappoints

    U.S. stocks opened sharply lower on Friday as a new government report revealed that American employers added no jobs in August and Federal agency will reportedly sue big banks over mortgages. The Dow Jones Industrial Average fell 234.01 points to 11,259.56. The Standard & Poor’s 500 Index declined 26.95 points to 1,177.47. The Nasdaq Composite…

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