DOW JONES

US stocks decline; Cisco shares plunge 16 pct

US Traders
U.S. stocks declined in early trade on Thursday with tech stocks particularly remaining weak as weaker-than-expected sales and revenue forecast from Cisco Systems weighed on the sentiment.
Traders work on the floor of the New York Stock Exchange

US futures decline on Cisco outlook

Futures on major U.S. indices point to a lower opening on Thursday as weaker-than-expected sales and revenue forecast from Cisco Systems weighed on the sentiment.
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Stocks dinged by consumer data

The S&P snapped a three-day winning streak on Tuesday after mixed earnings reports and a fall in consumer confidence, but analysts said U.S. stocks were taking a breather and the rally could pick back up.
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Wall Street rises on strong euro zone data

Stocks rose on Monday, building on last week's gains and tracking a rise in global equities, after strong European industrial data reassured investors the global economic rebound was on track.
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Dow rises 1 percent, boosted by IBM

U.S. stock indexes rose more than 1 percent on Wednesday, boosted by gains in materials and technology shares and after Spain unveiled an austerity plan that further eased jitters over euro-zone sovereign debt woes.
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Errant trade may have caused market plunge: sources

The biggest intraday point drop ever in the Dow Jones Industrial Average may have been caused by an erroneous trade entered by a person at a big Wall Street bank, multiple market sources said on Thursday.
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Dow cuts gains as banks drag; S&P, Nasdaq off

The Dow industrials briefly turned negative in late afternoon trading on Monday and the S&P 500 extended losses as bank shares continued to slide, weighed by the uncertainty surrounding a financial regulation proposal.
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Market near flat; UPS drives transports higher

U.S. stocks were little changed on Thursday as an upbeat profit forecast from United Parcel Service pushed up transportation shares, offsetting concerns about a rise in weekly jobless claims.
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Wall St falls as jobless data, Greece weigh

Wall Street fell on Thursday as an unexpected rise in jobless claims disappointed investors hoping for a steady labor market recovery and on persistent fears that Greece's debt crisis would spread through Europe.
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Euro drops as Greece fears stoked, Treasuries up

The euro dropped on Thursday on a report that Greece is not hopeful of aid from the European Union, while Asian stocks hovered near a two-month high, supported by solid growth expectations for the region.
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S&P 500 heads towards resistance at 1150

The S&P 500 Index has rallied about 70 percent in the last 12 months. It experienced a correction that started late January, set off by Greece woes and Chinese monetary tightening.
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Bernanke in doubt for reconfirmation

The U.S. Senate will be able to vote on Ben Bernanke's second term as the chairman of Federal Reserve by Thursday or Friday, the chamber's majority leader Senate Harry Reid said on Tuesday.
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Stock futures point to extended Christmas rally

U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.16 percent, Dow Jones futures up 0.1 percent and Nasdaq 100 futures up 0.15 percent at 4.10 a.m. ET.
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Stock futures point to extended Xmas rally

U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.16 percent, Dow Jones futures up 0.1 percent and Nasdaq 100 futures up 0.15 percent at 4.10 a.m. ET.

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