Hints and tips:
...more than 8.7 per cent following a sharp drop on Friday....
...The S&P 500 ended 0.3 per cent lower at 2,572.83, with the telecom sector leading the laggards after reports that Sprint and T-Mobile talks about a possible merger may be on the rocks....
...By midday, the Dow Jones Industrial Average was trading 0.6 per cent lower at 25,963 and the S&P 500 dropped 0.2 per cent to 2,797.26 amid concerns that the US government could be inching towards a possible...
...Merck’s outperformance stands in sharp contrast to rival Pfizer, which cut its full-year guidance after it warned that a strengthening dollar was hurting its performance....
...down -1.65% at 505.90 S&P CNX Nifty Index down -2.22% at 4,944 Currencies €/$ 1.44 (1.44) $/¥ 76.60 (76.59) Commodities Brent Crude (ICE) down -0.90 at 109.70 Light Crude (Nymex) down -1.18 at 86.40 100...
...These sharp losses weighed on the S&P healthcare index, which fell0.5 per cent to 371.88....
...After the closing bell, the S&P 500 was down 2.4 per cent at 1,173.60; the Dow Jones Industrial Average lost 2 per cent to 10,926.77 and the Nasdaq Composite was 3 per cent lower at 2,424.25....
...After pushing steadily higher in the afternoon, the S&P 500 closed up 0.8 per cent at 1,145.68....
...AIG and Citigroup were two of the strongest stocks on the S&P as momentum built behind the two financial conglomerates, which have both been bailed out by the government....
...Vodafone led a sharp reverse by the London market on Thursday as earnings fears rose on both sides of the Atlantic....
...The S&P retail index reached its highest level for more than a week following the release of November figures, some of which were not quite as dire as the most pessimistic predictions....
...Schering-Plough sank 12.3 per cent to $18.80 while Merck fell 3.5 per cent to $36.36. The benchmark S&P 500 fluctuated between gains and losses but closed down 0.1 per cent at 1,260 points....
...After a sharp rally on Wednesday, stocks opened stronger on Thursday and closed below their highs of the day. The S&P 500 index rose 0.5 per cent to close at 1,522.97....
...The June S&P futures contract rebounded from a low of 1,512.60 earlier in the day and closed at a new contract high of 1,532.50....
...The broader S&P 500 index slipped 0.1 per cent to 1,470.74 while the Russell 2000 index of small companies fell 0.6 per cent to 819.31. The Nasdaq Composite fell 0.2 per cent to 2,505.35....
...The S&P Homebuilders Index was 5.1 per cent down this week after an unexpectedly sharp drop in new home sales put additional pressure on the sector. DR Horton fell 6.3 per cent to $25.31....
...Bernanke’s statements had a calming effect.” The S&P 500 index closed 0.6 per cent higher at 1,406.82, slightly off its peak earlier in the morning....
...At the close in New York, the S&P 500 had risen 0.6 per cent to 1,428.82, helped by a 2.1 per cent gain in energy stocks. The Nasdaq Composite rose 0.3 per cent to 2,448.64....
...Given the sharp correction in equity markets in May, it would have mattered how close to the May 5 high they sold. Since that date, the S&P 500 index is down just 1.1 per cent....
...The gains would have been more impressive but for sharp afternoon selling of pharmaceutical group Merck , which lost 5.7 per cent to $38.83 after a state judge allowed a retrial for a man who blamed his...
...Some 168 S&P 500 and 10 Dow Jones Industrial Average constituents are expected to report results this week....
...Shares in HCA, which reported a sharp fall in second-quarter earnings, gained 3.4 per cent to $49.48. Other stocks in the healthcare sector were also higher....
...Nervousness about a sharp rise in long-dated bond yields provided traders with a further reason to sell....
...The news sent shares in fellow drugmaker Merck 7.3 per cent higher to $32.20. while the S&P pharmaceutical index firmed up 2.9 per cent for the week....
...By midday, the Dow was up 0.6 per cent at 11,341.61, the S&P 500 was up 0.1 per cent at 1,311.17. The Nasdaq Composite fell 0.5 per cent to 2,359.64....
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