Monday, October 08, 2007
U.S. stocks end mostly lower ahead of Tuesday earnings
DJIA
14,043
-22.28
S&P
1,552
-5.01
NASDAQ
2,787
+7.05
10Yr
4.64%
-0.002
U.S. stocks end mostly lower ahead of Tuesday earnings
NEW YORK
U.S. stocks closed mostly lower Monday, with the market taking cues from
falling oil and gold prices, while investors awaited third-quarter
reports, with Dow component Alcoa Inc. unofficially launching earnings
season on Tuesday.
Union sets strike deadline against Chrysler
SAN FRANCISCO
The United Auto Workers, fresh off hammering out a labor agreement with
General Motors, is now poised to strike against Chrysler LLC should the
two sides fail to shake on a new contract by Wednesday morning.
The Ratings Game: Billions in write-downs eyed from J.P. Morgan, B. of
A.
NEW YORK
Although the financial sector is still working through the meltdown in
subprime mortgages, at least one analyst doesn't see write-downs from
banks and brokerages as the only factor affecting upcoming quarterly
earnings.
Tech Stocks: Late surge on Google leads tech stocks higher
SAN FRANCISCO
Technology stocks shook off early weakness to close with modest gains
Monday, led by a late surge in the shares of Google Inc., which topped
$600 for the first time.
SAP's big deal adds new wrinkle in Microsoft relationship
SAN FRANCISCO
SAP AG's decision to dramatically buy its way further into the
burgeoning business intelligence market has opened another front for
competition with fellow software giant Microsoft Corp.
