ArchiveU.S. Debt Rating Change Sends Stocks Tumbling (C, HAL, LLY, GWW, AMRN, PLUG)Posted by Geoff Seiler at 4:48PM on April 18th
Stocks tumbled after S&P put U.S. debt on negative credit watch, with the ratings agency saying that it has little confidence that the government will be able to come up with a deficit-reduction plan before the next election in 2012.… Dow Snaps Winning Streak Despite Another Late Rally (JPM, MAR, FCS, GWW, GOOG, NTY)Posted by Geoff Seiler at 4:47PM on July 15th
Poor manufacturing data from both the NY and Philly Fed sent stocks heading lower, but a late-day rally pulled the markets close to breakeven on the day. Not all the economic data was bad, however, as inflation remains tame and… |
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