Online
US mkts end with modest gain; Dow up 43 pts
Published on Thu, Apr 24 at 08:12 , Updated at Thu, Apr 24 at 09:32
Source : moneycontrol.com
| ads by google |
US markets advanced as a range of technology companies posted strong results. In US, Apple blew past earnings and sales expectations, sending the share price higher in after hours of trade. Amazon shares also had beaten earning target and also that the company had raised its 2008 sales outlook. The stock was up 2%. Boeing drove the Dow Industrials higher after news that strong deliveries of commercial planes boosted its profits. The Aerospace giant said that its profits rose by 38%. Bond Insurer Ambac's shares skidded 43% after it reported a first-quarter net loss of %1.66 billion. Moving on to some Merger & Acquisition news, Microsoft CEO Steve Ballmer said that the software giant was prepared to walk away from its $ 44 billion deal with yahoo if two of them couldn't agree on a price. The Dow gained 42.99 points, or 0.34%, to 12,763.22. The Standard & Poor's 500 index advanced 3.99 points, or 0.29%, to 1,379.93. The Nasdaq composite index rose 28.27 points, or 1.19%, to 2,405.21. A look at how the Indian ADRs performed:
|
Messages on Other Market Topics
Other comments
Citi Investment sees a steady erosion in commodity prices
Crude is now almost at USD 116 per barrel. Alan Heap, Managing Director & Global Commodity at Citi Investment Resea...
in Other Market Topics - MMB Messenger at 21-Aug-08 01:09
SEBI should check with exchanges for recent dowside or say manupulative behaviour. I think BSE is highly manupulati...
in Other Market Topics - Guest at 21-Aug-08 12:08
Rate this article
Latest Market Commentary
21-08 Mkts under pressure ahead of inflation nos
20-08 Mkts end strong as CG, metal, telecom, realty stks gain
Udayan's Comments
16-08 Global cues, crude prices hold key to mkt moves
14-08 Crude prices to set mkt course ahead
F&O Markets
20-08 FIIs net sell Rs 1,188.3 cr in Nifty Futures
19-08 Unitech adds 11 lakh shares in the OI
Market Interview Transcripts
20-08 The Structured Products Case
20-08 Mkts on high: Can the rally continue?
CNBC TV18 Research Reports
20-08 Oil cos disagree on BK Chaturvedi Panel proposals
20-08 Competition Commission recommends BAA to sell 3 UK airports
Brokerage Reports
Wealth Tips
Chat
Ajay Bagga
CEO , Lotus India AMC
(21 Aug- 16:00hrs)
Investing in uncertain times
Poll
Newsletter
Keep in touch with News day & night. Subscribe to:
Mobile Services
Get news on the move SMS to 52622
- SMS M for Market News
- SMS B for Latest Business News
- SMS S (stock name) for latest news