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Australian shares close up ending 7-day losing streak as banks rise ::
SYDNEY (Thomson Financial) - Australian shares closed sharply higher Friday, ending a seven-day losing streak, with banks leading the way up on talk that Chinas
http://www.forbes.com/markets/feeds/afx/2007/12/21/afx4465929.htmlHOME |
Hope that the Federal Reserve will cut interest rates later this month to stave off a recession helped stabilize blue chip stocks on Monday, but it wasn't enough to keep the Nasdaq from falling for a seventh consecutive day, its longest losing streak since June 2006.
The culprit was a tech sector downgrade by UBS, which predicted lower server and PC spending as the economy slows.
Astros snap 3-game losing streak with win over Rockies | Chron.com ::
Energy |Real Estate |Tech |Markets |Houston Stocks |World Markets |Currency had another quality start, giving up seven hits and three runs in six innings.
http://www.chron.com/disp/story.mpl/sports/5715541.htmlHOME |
CNN.com - Wall St back to losing ways - July 18, 2002::
U.S. stock markets ended lower Thursday after a day of mixed corporate earnings and analyst interpretation of its seven-session losing streak, slipped
http://edition.cnn.com/2002/BUSINESS/asia/07/18/wallst.close/HOME |
The downgrade hit shares of IBM, Sun, Dell, EMC, Network Appliance, HP and VMware. HP and Dell lost more than 3% each, while EMC, NetApp and VMware lost 6-9%.
Intel was a bright spot, adding 1% after a 15% decline last week.
DTS jumped 12% on new sound technology unveiled at CES, and Sony was up 3% on Blu-Ray gains.
Avocent plunged 22% on a sales warning. Nvidia and Virgin Media were the Nasdaq 100's biggest losers, off 10% and 8%, respectively. NetSuite lost 11%.
NII Holdings was up 9.6% on a share buyback and new CEO.
CNET was off 1% on a bid by investors to control the company.
The Nasdaq fell 5 to 2499, the S&P rose 4 to 1416, and the Dow added 27 to 12,827. Volume rose to 4.19 billion shares on the NYSE, and 2.62 billion on the Nasdaq. Advancers led by an 18-14 margin on the NYSE, and decliners led 16-14 on the Nasdaq. Upside volume was 51% on the NYSE, and 39% on the Nasdaq. New highs-new lows were 39-425 on the NYSE, and 60-375 on the Nasdaq.
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