Wednesday, October 10, 2007
Wall Street trims losses at the close; Nasdaq ends higher
4:02 pm ET Oct 10, 2007
DJIA
14,078
-85.84
S&P
1,562
-2.68
NASDAQ
2,811
+7.70
10Yr
4.65%
-0.004
Wall Street trims losses at the close; Nasdaq ends higher
NEW YORK
Wall Street on Wednesday gave back a chunk of Tuesday's record gains,
pressured by news that Boeing will delay deliveries of its Dreamliner
jet and a report that Alcoa fell short of its earnings estimates.
Earnings Outlook: S&P 500 set to post first drop in profit since 2002:
Thomson
NEW YORK
Third-quarter earnings of S&P 500 companies have "a good chance" of
turning negative for the first time in five years on Thursday, after
factoring in Wednesday's profit warnings from a slew of energy stocks,
Thomson Financial said.
