|
|||||||
![]() | |||||||
| ads by google |
Wall Street ended lower after another volatile day of trade amid weak earnings from Intel and continued concerns over the economy.
Consumer prices shot up to 4% in 2007, which was the biggest jump since 1990. Fed's Beige Book shows Q4 economic activity growing at a modest pace.
Intel's outlook was well below analysts estimates. BEA Systems was up 18.5% after Oracle agreed to buy co for $ 8.5 billion.
In financial stocks, JPMorgan stocks gains 6%, misses on earnings but reports relatively small write down of $ 1.3 billion. Wells Fargo gains more than 3%.
Boeing ends up 3% after the company says delay of Dreamliner will not have material effect on financials.
The Dow Jones industrial average slipped 34.95 points, or 0.28%, to 12,466.16. The Standard & Poor's 500 index declined 7.75 points, or 0.56%, to 1,373.20, and the Nasdaq composite index ended down 23 points, or 0.95%, at 2,394.59.
A look at how the Indian ADRs performed:
|
Name Sterlite Ind |
Symbol SLT |
Price 38.64 |
Change |
Change% -1.15% |
Volume |
High |
Low |
|
|
| Related links: | |
| Related links |





Offline
