…
Link to original –
Tattlebugs, gourmet cardboard, and a magic wand
Reply
Tag Archives: business
The grass is always greener in the future
Stocks lost more ground today over worries that European troubles and a slowing Chinese economy could weigh on earnings. Helping to prompt those worries was Advanced Micro Devices’ (AMD) earnings warning that its second-quarter sales fell because of lower demand from China and Europe. The chipmaker’s shares fell 11%, while the broader Philadelphia Semiconductor Index fell 2%.
…
See original article here –
Tacos in the sky
Tablets and the next tech bubble
On the last day of the second quarter, the major indexes tracked global markets sharply higher today after a two-day summit in Brussels resulted in a plan to ease borrowing costs in Europe. The Dow rose 277 points, the Nasdaq gained 85, and the S&P 500 added 33. Twenty-nine of the Dow’s 30 components gained ground, with JPMorgan Chase (JPM) the sole laggard, slipping 0.42%. Volume was moderate, and advancers led decliners by about six to one on both the NYSE and the Nasdaq. The prices of Treasuries fell, while gold futures added 3.4% to $1,604.20 an ounce. Oil futures spiked 9.3% to $84.96 a barrel.
…
View original post here:
Crime doesn’t pay (much)
A report showing an improvement in the housing market gave stocks a boost, but concerns about Europe and a disappointing consumer confidence report kept gains modest.
The Dow advanced 32 points, well off of its highs, with 16 of its 30 components gaining ground; the S&P 500 rose 6; and the Nasdaq was higher by 17. Advancers led decliners by seven to four on the NYSE and four to three on the Nasdaq. The prices of Treasuries weakened. Gold futures fell $13.50 to close at $1,574.90 an ounce, and the price of crude oil staged a last-minute recovery, rising 15 cents to settle at $79.36 a barrel.
…
Link to original –