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IBM tugs Dow lower; S&P 500 up after rough week

A rare earnings miss for IBM tugged the Dow Jones industrial average lower on Friday, while the rest of the market headed toward slight gains after a turbulent week. Quarterly earnings for the country's largest provider of computer services fell short of forecasts for the first time since 2005.Read more on NewsOK.com

 

Stocks lower on economic report from China

Trading in the stock market turned more treacherous in late-day trading as investors reacted to slowing economic growth in China and a massive commodity sell-off -- and as initial word spread as well of the explosions at the end of the Boston Marathon. The Dow Jones industrial average lost 266 points on the day, down 1.8%. It was the Dow's biggest point drop since Nov. 7, in the wake of President Obama's reelection, when the index lost 295 points.

 

Cyprus Fears Send Stocks Lower

Bank of Cyprus

U.S. stocks fell as an unprecedented Cyprus bank-deposit tax sparked renewed fears about Europe's debt crisis.

 

Stocks plunge on Italian election results

Stocks had their worst drop in more than three months as the prospect of political paralysis in Italy raised the specter of Europe's debt crisis flaring up again. The Dow Jones industrial average fell 216.40 points, or 1.6 percent, to 13,784.17, its biggest drop since Nov. 7. The Standard & Poor's 500 index fell 27.75 points, or 1.8 percent, to 1,487.85, dropping below 1,500 for the first time in three weeks. The Nasdaq composite dropped 45.57 points, or 1.4 percent, to 3,116.25.

 

Wall Street edges lower at open as Apple drags

Wall Street

Stocks edged lower at the open on Monday as shares of Apple were weighed down by demand concerns, while investors faced a busy week for corporate earnings.

 

Dow Falls 158.20 in 'Cliff' Hit

Investors, gradually coming to believe that policy makers will fail to reach a meaningful agreement to avert the so-called fiscal cliff before a year-end deadline, dumped stocks Friday in a selloff that put the blue-chip index into the red for the month.

 

Major investors to fiscal cliff doomsayers: Chill out

The "fiscal cliff" sounds like a scary place. Headlines about "taxmaggeddon" are flashing on TV screens, next to clocks ticking down to Jan. 1. The Dow Jones Industrial Average has skidded more than 7 percent over the last month, largely due to concerns about the standoff in Congress over how to stop a barrage of tax hikes and spending cuts. But some major investors say the doomsayers are getting too much attention and cliff watchers should relax a bit.

 

Dow skids 300 points on 'fiscal cliff' worries

Stock Market

Stocks accelerated their post-election sell off across the board Wednesday, triggered by worries over the looming "fiscal cliff" and re-emerging fears over Europe's economy. The Dow fell below 13,000, while the S&P 500 traded under 1,400 for the first time since early September.

 

Stocks on Wall St. Fall Sharply on Weak Earnings Reports

Weak earnings from several large companies and a credit rating downgrade of several regions in Spain raised concerns about a slowing global economy... The Dow Jones industrial average finished the day down 1.8 percent, or 243.36 points, to end at 13,102.53, its worst performance since June. The losses added to the big declines on Friday, and dropped leading indexes to their lowest levels since early September, before the Federal Reserve announced its latest monetary stimulus program.

 

Weak earnings season casts a pall over stocks

Expectations for third quarter earnings reports were dismal. But a recent flurry of high-profile reports has investors scowling even more at the weak revenue numbers.

 

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