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 Today's Market (Page 13)
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| Author | Topic: Today's Market |
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InvestorGuide Daily Administrator |
posted 09-25-2000 06:18 PM
 
What started out as a solid rally in the technology sector became another struggle for the big names. Intel looked to begin recovering from its disastrous end of the week, but ended the day off another 6%. The rest of the Nasdaq came with it, and the tech index dropped 63 points after having gained that amount earlier in the session. The Dow seemed to struggle a bit more in the early going due to weakness in oil stocks, but it did not experience the freefall of the Nasdaq. The blue chips ended with a loss of 39.(source: CNNfn) http://cnnfn.cnn.com/2000/09/25/markets/markets_newyork/ Dow Jones Industrials: 10808.15 -39.22 -0.36% |
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InvestorGuide Daily Administrator |
posted 09-22-2000 05:36 PM
The market staged an excellent comeback today, after a revenue warning from Intel Thursday night sent stocks plummeting. On the heels of the news, both the Nasdaq and the Dow opened lower, with the tech-index suffering a withering 200 point loss. But the market managed to rebound to a mixed finish. The Nasdaq pared its losses to about 100 in morning trading, remained there until mid-afternoon, and then made a steady climb to finish at only 25 points in the red. The Dow started out about 90 points down, but jumped in afternoon trading to finish at 82 above breakeven. Intel lost 22% on the day. (source: CNNfn) http://cnnfn.cnn.com/2000/09/22/markets/markets_newyork
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InvestorGuide Daily Administrator |
posted 09-21-2000 05:47 PM
The market had a mixed day today, as the Dow was able to post significant gains, while the Nasdaq remained mired in the red throughout the day. The Dow was jumpy throughout the day, but gained momentum into the close, finishing up 78 points, near its session high. Shares of 3M helped to push the blue-chip index higher, after the company said it would meet expected earnings. The Nasdaq was held back by chip issues all day long, opening down 33 and sliding to 69 under at the close. (source: CNNfn) http://cnnfn.cnn.com/2000/09/21/markets/markets_newyork/
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InvestorGuide Daily Administrator |
posted 09-20-2000 05:55 PM
Things looked pretty grim for a while, and just before 2 p.m. the Dow was down 220 points and the Nasdaq was off 70. But, things turned around. The rally was most impressive for the Nasdaq as tech stocks drew the most attention from buyers. The Nasdaq gained 31 points on the day after a rally by big cap tech. The Dow, amidst fears of a declining Euro and surging energy prices, struggled all day long, but at the close had only lost 101. (source: Washington Post) http://washingtonpost.com/wp-dyn/articles/A33759-2000Jun21.html Dow Jones Industrials: 10687.92 -101.37 -0.94% |
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InvestorGuide Daily Administrator |
posted 09-19-2000 06:25 PM
The Nasdaq shook off the bears, for a day at least. The index made back all of its losses from yesterday and picked up a half percent to boot. The Nasdaq gained 139, more than 3.5% as the tech sector rebounded across the board. The beleaguered semis were particularly successful. The Dow posted mild losses on the day, closing off 19 points. (source: MSNBC) http://msnbc.com/news/158521.asp Dow Jones Industrials: 10789.29 -19.23 -0.18% |
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InvestorGuide Daily Administrator |
posted 09-18-2000 05:23 PM
The market spent most of today planted in negative territory, amid speculations of lower corporate profits and concerns over the weak euro and rising oil prices. The Nasdaq managed to post some nominal gains in morning trading, but then dropped steadily to its session low of 132 under around midday. The tech index had a weak rally in afternoon trading, but then fell as the session closed, finishing down 108. The Dow never managed to get above zero, consistently falling throughout the day to finish at 118 under, near its session low. (source: CNNfn) http://cnnfn.cnn.com/2000/09/18/markets/markets_newyork Dow Jones Industrials: 10808.52 -118.48 -1.08% |
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InvestorGuide Daily Administrator |
posted 09-15-2000 05:39 PM
The market has been rather aimless of late. But, that is not to say that the market is trendless, rather, this columnist believes there are many trends out there, but they are conflicting. (source: MoneyCentral) http://moneycentral.msn.com/articles/invest/jubak/5761.asp |
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InvestorGuide Daily Administrator |
posted 09-15-2000 05:38 PM
The market has been rather aimless of late. But, that is not to say that the market is trendless, rather, this columnist believes there are many trends out there, but they are conflicting. (source: MoneyCentral) http://moneycentral.msn.com/articles/invest/jubak/5761.asp |
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InvestorGuide Daily Administrator |
posted 09-15-2000 05:26 PM
It was another painful day for the markets. The time has passed when benign economic data would send the markets soaring. The PPI decreased for the first time in more than a decade, but none of the major indices benefited from that news. The Nasdaq was hardest hit, dropping 79 points, more than 2%. Oracle was a big drag, dropping nearly 8% even though it beat earnings estimates yesterday. The Dow actually started the day on the positive side, but fell, slowly but surely, all the way into the close. The blue chips loss of 160 points, was near its lows for the day. (source: CNNfn) http://cnnfn.cnn.com/2000/09/15/markets/markets_newyork Dow Jones Industrials: 10927.00 -160.47 -1.45% |
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InvestorGuide Daily Administrator |
posted 09-14-2000 06:06 PM
The Dow took heavy losses today, falling fairly consistently throughout the session. The blue-chip index finished near its session low, ending down 95 points on the day. Pushing the Dow down were fears that the weak euro would hurt some of the large multinational corporations that are a big part of the index. The Nasdaq enjoyed gains throughout most of the day, rising as high as 90 above breakeven, but skidded into the close, finishing up only 20 points. Momentum in the tech arena was attributed to the favorable economic reports issued earlier in the day (see story below). (source: CNNfn) http://cnnfn.cnn.com/2000/09/14/markets/markets_newyork Dow Jones Industrials: 11087.47 -94.71 -0.85% |
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InvestorGuide Daily Administrator |
posted 09-13-2000 05:58 PM
After finishing in the red for four straight days, the Nasdaq finally managed to remain above breakeven today. The index opened in negative territory, oscillated around zero most of the day, and then climbed to finish at 44 up, near its session high. Gains were attributed to investor belief that many of the hard-hit tech stocks had bottomed out. The Dow took the opposite course, remaining in the red all day long and finishing 51 points under. Financials and big-cap techs hurt the blue-chip index. http://cnnfn.cnn.com/2000/09/13/markets/markets_newyork Dow Jones Industrials: 11182.18 -51.05 -0.45% |
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InvestorGuide Daily Administrator |
posted 09-12-2000 06:27 PM
The trading was choppy today and once again the Nasdaq was battered by the waves. The tech index opened with significant gains and held onto them for most of the day. Bargain hunters were attracted to the beaten-down tech blue chips like Cisco and Intel. But, in the final two hours, the Nasdaq gave it all back and then some, closing the day down 47, about 1.2%. The Dow, on the other hand, spent most of the day underwater. However, a surge in the stock of J.P. Morgan, thought to be a takeover prospect, helped turn things around for the blue chips which ended the day up 38. (source: CNNfn) http://cnnfn.cnn.com/2000/09/12/markets/markets_newyork Dow Jones Industrials: 11233.23 +37.74 +0.34% |
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InvestorGuide Daily Administrator |
posted 09-11-2000 05:48 PM
The tech sector is still hurting. After dropping 6% during last week's four days of trading, the Nasdaq lost another 2% today, giving up 82 points. The biotech sector was in the doldrums all day after a series of mergers were announced. The semis ended the day in the red after having rallied somewhat earlier in the day. The Dow spent much of the session in positive territory before the weight of the tech sector became too much to bear. The blue chips closed the day off 25. (source: MSNBC) http://www.msnbc.com/news/158521.asp Dow Jones Industrials: 11195.49 -25.16 -0.22% |
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InvestorGuide Daily Administrator |
posted 09-08-2000 05:25 PM
The Nasdaq plunged again today, dropping below the psychologically-important 4000 level for the first time in weeks. Dumping in the semiconductor arena had the greatest effect on the tech index, which finished near its session low, down 120 points. The Dow was jumpy all day, but remained firmly in the red throughout the session. Worries of the effects of increasing oil prices on cyclical stocks' revenue growth pushed the blue-chip index lower, which finished at 39 under. (source: CNNfn) http://cnnfn.cnn.com/2000/09/08/markets/markets_newyork/ Dow Jones Industrials: 11220.65 -39.22 -0.35% Nasdaq Composite: 3978.45 -119.94 -2.93% S&P 500: 1494.50 -8.01 -0.53% 30-year Treasury Bond: 5.692% -0.021 |
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InvestorGuide Daily Administrator |
posted 09-07-2000 06:07 PM
It was a reversal of fortunes today for the major indices. The first half of the week saw the blue chips leading the way as profit taking drove the Nasdaq off 5%. Today, the Nasdaq came out of the gate strong and stayed that way, closing up 85, more than 2%. The big caps, which had been faring quite poorly the past several days, lifted the Nasdaq. The Dow was dropped into the red by Dupont's profit warnings and never recovered fully. The index ended the day 51 points in the red after a last-minute sell-off. (source: MSNBC) http://www.msnbc.com/news/158521.asp |
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