watch

 

Stock Watch: Communication Stocks Rebound After Slight Dip Post-Attacks

Posted: 12/2001 Stock Watch Communication Stocks Rebound After Slight Dip Post-Attacks Communications stocks bounced back with the broader market after concerns related to the Sept. 11 terrorist attacks briefly sent them lower. The Dow Jones industrial average rose 4.8 percent between Sept. 17 and Oct. 15, while the S&P 500 gained 4.9 percent. Many communications-related […]

Stock Watch: Terrorist Attacks Slam Markets

Posted: 11/2001 Stock Watch Terrorist Attacks Slam Markets The markets, along with the broader economy, came to a virtual standstill following the Sept. 11 terrorist attacks against the World Trade Center and the Pentagon. Trading was halted for four days following the tragedy.Once they reopened, the markets suffered steep losses. Investors fear an already weak […]

Stock Watch – Earnings Warnings Dampen Investor Enthusiasm

Posted: 10/2001 Stock Watch Midsummer Doldrums Leave Markets Weaker The markets witnessed a broad sell-off this session characterized by light trading, as investors awaited signs of the U.S. economic rebound predicted earlier this year. Instead, the profit recession is lasting longer than anticipated. U.S. companies are expected to record the worst profit decline in a […]

Stock Watch – Earnings Warnings Dampen Investor Enthusiasm

Posted: 09/2001 Stock Watch Earnings Warnings Dampen Investor Enthusiasm Technology and blue chips enjoyed some gains during the month-long trading period that ended July 16, as investors hoped the economy is showing signs of recovery. However, as we move into the second quarter reporting period, several substantial earnings warnings kept the lid on investor enthusiasm, […]

Stock Watch – Slumping Profits Worry Wall Street

Posted: 08/2001 Stock Watch Slumping Profits Worry Wall Street Tattered corporate profits sent markets down to a seven-week low at the end of our trading session (June 15). Earnings warnings from Nortel Networks Ltd. (www.nortelnetworks.com), JDS Uniphase Corp. (www.jdsuniphase.com) and McDonald’s Corp. (www.mcdonalds.com) sent investors scurrying for cover. A May slump in manufacturing also dashed […]

Stock Watch – Market Climbs on Long-Term View

Posted: 07/2001 Stock Watch Market Climbs on Long-Term View The Federal Reserve’s rate cut of 50 basis points announced on the last day of our trading session (May 15) failed to rally Wall Street, but the more positive outlook on the economy gave a boost to the market. The rate cut, the fifth this year, […]

Stock Watch – Market Stages Rally, Closes in Positive Territory

Posted: 06/2001 Stock Watch Market Stages Rally, Closes in Positive Territory Easter week closed (April 16–our trading deadline) in positive territory for the Dow after a four-day rally that sent tech stocks to their second-best week ever. The good news was tempered, however, by rocky forecasts and earnings by many companies. Still, the overall sentiment […]

Stock Watch

Posted: 05/2001 Stock Watch Markets Plunge on Earnings Fears The stock market caved at the end of our trading session, the Dow dropped below 10,000, and techs sustained heavy blows due to earnings warnings by major hitters and a generally dreary outlook on the U.S. economy. European and Asian markets added to economic worries as […]

Stock Watch

Posted: 04/2001 Stock Watch No New Cuts? Cooling Economy Warms Federal Reserve Chairman Alan Greenspan told Congress, as our trading period ended (Feb. 16), that he expects the economy to recover from its current slump. The news worried investors that no new interest rate cuts are on the horizon. "Some people were disappointed that Greenspan […]

Stock Watch

Posted: 03/2001 Stock Watch Mixed Economic News Chills Market Retail sales numbers and producer price information released at the end of our trading session (Jan. 16) showed that the U.S. economy is not tumbling as quickly into recession as feared. Some on Wall Street thought the slump was due primarily to bargain hunting ahead of […]

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