Tag: share
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Stocks Ended Slightly Lower
U.S. stocks closed modestly lower Wednesday, after spending most of the session wavering between small gains and losses. The Dow Jones Industrial Average fell 15.51 points, or 0.12%, to close at 12,571.91. The S&P 500 fell 0.89 point, or 0.07%, to end at 1,325.84 and the Nasdaq Composite closed at 2,814.23, down 12.29 points, or…
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Stocks Surge at the Start on Earnings
U.S. stocks opened sharply higher on Tuesday, as investors put global debt concerns on the back burner to focus on earnings. A sharp rise in housing starts also supported investor optimism. The Dow Jones Industrial Average was up by 111.90 points, or 0.90%, at 12,497.06. The S&P 500 was higher by 11.02 points, or 0.84%,…
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Stocks Sink on Debt Fears
U.S. stocks closed with broad losses Monday,led by banks on concerns the United States and Europe were not coming to grips with the extent of their debt problems. The Dow Jones Industrial Average lost 94.57 points, or 0.76%, to 12,385.16. The S&P 500 slipped 10.70 points, or 0.81%, to 1,305.44. The Nasdaq Composite lost 24.69…
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Stocks Opened Higher on Earnings, Deals
U.S. stocks opened higher Friday after strong corporate earnings reports and a buyout offer for Clorox. The Dow Jones Industrial Average rose 61.38 points to 12,498.50. The Standard & Poor’s 500 Index climbed 8.61 points to 1,317.39. The Nasdaq Composite gained 25.29 points to 2,787.96. Citigroup Inc. turned a profit for the sixth straight quarter…
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Stocks Sink As Stimulus Hopes Wane
U.S. stocks ended lower Thursday as new comments from the Federal Reserve chairman dashed investors’ hopes for the chance of further stimulus. The Dow Jones Industrial Average fell 54.49 points, or 0.44%, to 12,437.12. The S&P 500 lost 8.85 points, or 0.67%, to 1,308.87. The Nasdaq Composite fell 34.25 points, or 1.22%, to 2,762.67. Fed…
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Stocks Up on JpMorgan, Economic Data
U.S. stocks were higher in early trading on Thursday with sentiment lifted after J.P. Morgan Chase beat earnings estimates and a rush of economic data helped shift markets’ focus away fromthe stalled U.S. debt-ceiling debate. The Dow Jones Industrial Average lately rose 78.48 points to 12,570.09. The Standard & Poor’s 500 Index climbed 8.58 points…
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Stock Price Book Value and Its Uses
Book value is a measure of what a firm’s assets are worth after deducting for depreciation and other claims on the company, such as short- and long-term liabilities. In accounting, book value or carrying value is the value of an asset according to its balance sheet account balance. For assets, the value is based on…
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Euro Debt News Lifted Stocks
.S. stocks closed sharply higher Monday as signs that a widespread European debt crisis could be averted were lifting the market. The Dow Jones Industrial Average ended up 108.98 points, or 0.9%, to 12,043.56. The S&P 500 gained 11.65 points, or 0.9%, to 1,280.10. The Nasdaq Composite rose 35.39 points, or 1.3%, to 2,688.28. French…
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Stocks Drop on Tech Sector, Europe Worries
U.S. stocks dropped Friday, as poor earnings reports from technology companies weighed on the tech sector and speculation over the stability of the Italian banking sector took away Wall Street’s risk appetite. The Dow Jones Industrial Average slid 115.42 points, or 0.96%, to end at 11,934.58. The Standard & Poor’s 500 Index fell 15.05 points,…