YEHEY!Finance | World Financial Headlines - When money matters:: Global stocks snap back as crisis fears fade. AFP. 17 July 2008 | 5:01 AM amid a surge in battered banking stocks and troubled mortgage giants Fannie Mae http://www.yehey.com/finance/level3.aspx?id=220329HOME |
Stocks soared Friday as bond yields stabilized on soothing words from a Federal Reserve official. Chip stocks led the way higher on stellar results from National Semi.
Stocks had fallen for three straight days on inflation and interest rate fears, but comments by Chicago Fed President Michael Moskow that inflation remains contained helped stabilize bond prices and sent stocks soaring. Stocks Snap Three-Day Losing Streak - Market Overview * US * News :: Stocks Snap Three-Day Losing Streak. By Cindy Perman CNBC.com | 20 Feb 2008 | 04: especially given todays CPI report -- is that the Fed ratcheted back its http://www.cnbc.com/id/23256200/site/14081545?__source=yahoo|headline|quote|text|&par=yahooHOME | Dow and Nasdaq at multi-year lows as trading begins - Sep. 25, 2002:: indicate a technical relief rally Wednesday morning after stocks plunged in the previous session to take the Dow Markets & Stocks. Stocks set for snap back http://money.cnn.com/2002/09/25/markets/stockswatch/index.htmHOME |
National Semi rocketed 15% after beating earnings forecasts and announcing a $2 billion stock buyback. The chip sector gained 3% on the day.
The IPO of photonic chip company Infinera continued to get a warm welcome, jumping 27% after rising 52% in its debut Thursday. Limelight Networks was another strong IPO. Excelled Leather Pleated Pants:: These daring lambskin pants have open hems for easy adjustment. Two pockets in front, two in the back. Front zipper fly with snap closure. Poly $99.99 In Stock?: yes http://www.sears.com/shc/s/p_10153_12605_017A0081000P?vName=Cloth01&sid=ISx20070515x00001cHOME | FOXNews.com - All Eyes on Fed Meeting, Key Earnings - Business And :: All Eyes on Fed Meeting, Key Earnings , Investors should see stocks snap back next week and resume their September rally as long as any comments from the Federal http://www.foxnews.com/story/0,2933,169633,00.htmlHOME |
TD Ameritrade continued to gain on takeover pressure from investors.
Quality Systems fell on its results, and Tellabs lost ground on a Goldman Sachs downgrade.
Openwave fell on a restructuring plan as the company continues to fend off takeover efforts.
The Nasdaq surged 32 to 2573, the S&P 500 gained 17 to 1507, and the Dow rose 157 to 13,424. Volume declined to 2.97 billion shares on the NYSE, and 1.99 billion on the Nasdaq. Advancing issues led by a 22-10 margin on the NYSE, and 20-9 on the Nasdaq. Upside volume was 86% on the NYSE, and 83% on the Nasdaq. New highs-new lows were 37-96 on the NYSE, and 71-64 on the Nasdaq.
Technical Analysis: A Good Start
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