Stocks tumbled on debt problems for Dubai
Stocks tumbled Friday afternoon as fears about the fallout from Dubai’s debt problems sparked a broad wave of selling across the market in a thinly-traded half-day session following Thanksgiving. Technology stocks recovered some ground by closing bell, but remained largely in negative territory.
Major tech player, including Apple (-1.76%), Dell (-1.53%), HPQ (-1.96%) and IBM (-1.24%), [...]
Stocks climbed
Stocks climbed in a thinly-traded session ahead of Thanksgiving, after reports show improvement in labor market, new home sales and consumer spending. Financials made up the only sector that failed to make a gain. The sector lost 0.2% as participants continued to push against shares of diversified financial services players, which lost 0.9% as a [...]
Ended volatile day lower
Stocks posted modest losses in a choppy session, as the Fed’s improved outlook and some signs of improvement in housing tempered a weaker revision on economic growth released in the morning. Financials proved to be the biggest drag on trade, falling 0.8%. Bank stocks had been under pressure in the early going after Financial Times [...]
Boosted on positive news
A better-than-expected housing market report, a weak dollar and a surge in commodities are pushing the market to new 2009 highs. AT&T received positive coverage by Barron’s and jumped almost 3% . Tech stocks advanced across the board on broader market optimism. Chip makers rose on positive comment from Wells Fargo. Major gains came [...]
Stocks slip amid lack of positives
A lack of positive catalysts and a stronger dollar weighed on stocks for the entire session and helped hand the market a fractional loss for the week.
The tech sector retreated, falling for a second day in a row as shares of Dell dropped almost 10%. Dell reported a 54% decline in profit, surprising some [...]

