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The US Stock Market Looks for More Volatility over the Days to Come
Three of the components belonging to Dow will be reporting the earnings for the quarter.
The end of last week marked a fall in the US stock indexes and this is the second consecutive session. Although a halt in the losing streak could be attained before, it struck the third week. The debt crisis in Europe and the declining rate of Euro has given rise to a great deal of worries for all the investors.
Dow Jones Industrial Average had a delay (DJIA 10,363, +146.75, +1.44%) and it has fallen by 162.79 points, or 1.5% finishing at 10,620.16. This marked a triple digit move out of the last 14 for the 11th session.
As the current earnings season is mostly over, the coming days will bring results from a collection of big names, mainly the three Dow components -:
Wal-Mart Stores Inc. (WMT 50.54, -0.01, -0.01%)
Home Depot Inc. HD 28.64, +0.01, +0.04%)
Hewlett-Packard Co. (HPQ 46.77, +0.02, +0.04%) .
It is also been expected that 23 of the S&P 500 companies will also be reporting the earnings. Some of them are,
Lowe's Companies Inc. (LOW 21.16, -0.02, -0.09%)
(INTU 37.46, -.00, -0.01%) .
The S&P 500 Index (SPX 1,095, +16.59, +1.54%) had a decline by 21.76 points, or 1.9%, to 1,135.68, up by 2.2% from the close week ago.
Technology sector:
Agilent Technologies Inc. (A 28.75, +0.01, +0.03%)
Analog Devices Inc. ADI 30.05, +0.02, +0.06%)
Computer Sciences Corp. (CSC 47.01, -0.02, -0.03%)
Software firm Intuit Inc. (INTU 37.46, -.00, -0.01%) .
Gamestop Corp. , the video game publishere (GME 19.51, +0.04, +0.20%) ,
Results from retailers:-
Abercrombie & Fitch (ANF 36.23, +0.04, +0.10%)
Staples Inc. /quotes/ (SPLS 20.24, +0.02, +0.09%)
J.C. Penney Co. (JCP 23.19, +0.03, +0.12%) reported great gains in sales and profits.
Macy's Inc. (M 18.47, -.00, -0.01%) and Kohl's Corp. (KSS 47.88, -0.03, -0.05%) .
The Nasdaq Composite Index (COMP 2,242, +43.67, +1.99%) has fallen down by 47.51 points, or 2%, to 2,346.85. That leaves it at 3.6% higher from the close at Monday.
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We also offer a news alert service on twitter by following our twits at http://twitter.com/theOTCmarket
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You can become leader in stock market by keeping track of the daily activity.
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THEOTCM electronically disseminates information (the "Information") on its websites,in newsletters, featured reports, spam compliant double-opt in email communications or otherwise pertaining to Featured Stocks' (the "Issuer" or "Issuers" or "Featured Stock" or "Featured Stocks"), the securities of which are most frequently common stock shares quoted on the Over the Counter Bulletin Board ("OTCBB") or Pink Sheets. The Information is based on publicly available information, such as quarterly (with unaudited financial statements) and annual reports (with audited financial statements) filed with the Securities and Exchange Commission ("SEC"), quarterly and annual unaudited financial reports and Information and Disclosure Statements filed with the Pink Sheets, the Issuer's website and information obtained through search engines such as Yahoo Finance, Market Watch, PRnewswire,
StockHouse, StockWatch, OTCmarket and Business Wire. We synthesize the Information from these informational sources for our Readers as a starting point for furtherinquiry into the Issuer and its securities.
THEOTCM is not a registered investment advisor or registered securities broker dealer and the Information should not be construed in any manner, shape or form as investment advice, investment recommendations or opinions or viewpoints regarding the Profiled Company or its securities or as a solicitation to offer, purchase or sell the Profiled Company's securities.THEOTCM does not endorse, independently verify or assert the truthfulness,completeness, accuracy or reliability of the Information and conducts no due diligence whatsoever of the Profiled Companies. Because the Information is presented on an "as is" basis, your use of the Information is at your own risk. THEOTCM disclaims, expressly and impliedly, all warranties of any kind, including those of merchantability and fitness for a particular purpose or whether the Information is accurate or reliable or free of errors. The Reader hereby indemnifies THEOTCM from any liability for any claimed direct, indirect, incidental, punitive, or conequential damages pertaining to the disseminated Information.
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By jmackay on U.S. Stocks News | Tuesday July 13, 2010 04:59 pm
The US stock market is on a volatile ride and it is likely that the volatility will not be lesser intense. The sovereign debt issues which are plaguing the debt issues in Europe and the currency belonging to it. There is still no remedy to prevent it.Three of the components belonging to Dow will be reporting the earnings for the quarter.
The end of last week marked a fall in the US stock indexes and this is the second consecutive session. Although a halt in the losing streak could be attained before, it struck the third week. The debt crisis in Europe and the declining rate of Euro has given rise to a great deal of worries for all the investors.
Dow Jones Industrial Average had a delay (DJIA 10,363, +146.75, +1.44%) and it has fallen by 162.79 points, or 1.5% finishing at 10,620.16. This marked a triple digit move out of the last 14 for the 11th session.
As the current earnings season is mostly over, the coming days will bring results from a collection of big names, mainly the three Dow components -:
Wal-Mart Stores Inc. (WMT 50.54, -0.01, -0.01%)
Home Depot Inc. HD 28.64, +0.01, +0.04%)
Hewlett-Packard Co. (HPQ 46.77, +0.02, +0.04%) .
It is also been expected that 23 of the S&P 500 companies will also be reporting the earnings. Some of them are,
Lowe's Companies Inc. (LOW 21.16, -0.02, -0.09%)
(INTU 37.46, -.00, -0.01%) .
The S&P 500 Index (SPX 1,095, +16.59, +1.54%) had a decline by 21.76 points, or 1.9%, to 1,135.68, up by 2.2% from the close week ago.
Technology sector:
Agilent Technologies Inc. (A 28.75, +0.01, +0.03%)
Analog Devices Inc. ADI 30.05, +0.02, +0.06%)
Computer Sciences Corp. (CSC 47.01, -0.02, -0.03%)
Software firm Intuit Inc. (INTU 37.46, -.00, -0.01%) .
Gamestop Corp. , the video game publishere (GME 19.51, +0.04, +0.20%) ,
Results from retailers:-
Abercrombie & Fitch (ANF 36.23, +0.04, +0.10%)
Staples Inc. /quotes/ (SPLS 20.24, +0.02, +0.09%)
J.C. Penney Co. (JCP 23.19, +0.03, +0.12%) reported great gains in sales and profits.
Macy's Inc. (M 18.47, -.00, -0.01%) and Kohl's Corp. (KSS 47.88, -0.03, -0.05%) .
The Nasdaq Composite Index (COMP 2,242, +43.67, +1.99%) has fallen down by 47.51 points, or 2%, to 2,346.85. That leaves it at 3.6% higher from the close at Monday.
ABOUT theOTCmarket.com:
TheOTCMarket.com(THEOTCM) is an investor-oriented resource centre offering relevant news and information vital to investors (individuals and firms) in the financial sector. It provides independent, unbiased and a comprehensive overview of any new development and trends in the investor and financial market. We alsoprovide in-depth analysis, research, insights and similar resources online.
TheOTCmarket.comoffers Stock Newsletter on various hot stocks of the day.
We also offer a news alert service on twitter by following our twits at http://twitter.com/theOTCmarket
We publish daily news in the form of our Market Snapshot and also provide daily Hot Stocks for its visitors. Additional attractions for investors and financial institutions are offered in the form of stock alerts, newsletters and other forms of subscribed information.
You can become leader in stock market by keeping track of the daily activity.
Disclaimer:
THEOTCM electronically disseminates information (the "Information") on its websites,in newsletters, featured reports, spam compliant double-opt in email communications or otherwise pertaining to Featured Stocks' (the "Issuer" or "Issuers" or "Featured Stock" or "Featured Stocks"), the securities of which are most frequently common stock shares quoted on the Over the Counter Bulletin Board ("OTCBB") or Pink Sheets. The Information is based on publicly available information, such as quarterly (with unaudited financial statements) and annual reports (with audited financial statements) filed with the Securities and Exchange Commission ("SEC"), quarterly and annual unaudited financial reports and Information and Disclosure Statements filed with the Pink Sheets, the Issuer's website and information obtained through search engines such as Yahoo Finance, Market Watch, PRnewswire,
StockHouse, StockWatch, OTCmarket and Business Wire. We synthesize the Information from these informational sources for our Readers as a starting point for furtherinquiry into the Issuer and its securities.
THEOTCM is not a registered investment advisor or registered securities broker dealer and the Information should not be construed in any manner, shape or form as investment advice, investment recommendations or opinions or viewpoints regarding the Profiled Company or its securities or as a solicitation to offer, purchase or sell the Profiled Company's securities.THEOTCM does not endorse, independently verify or assert the truthfulness,completeness, accuracy or reliability of the Information and conducts no due diligence whatsoever of the Profiled Companies. Because the Information is presented on an "as is" basis, your use of the Information is at your own risk. THEOTCM disclaims, expressly and impliedly, all warranties of any kind, including those of merchantability and fitness for a particular purpose or whether the Information is accurate or reliable or free of errors. The Reader hereby indemnifies THEOTCM from any liability for any claimed direct, indirect, incidental, punitive, or conequential damages pertaining to the disseminated Information.
Post Comments
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