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World Equity NewsEquities Org UKMortgages, insurance, and loans for the self-employed and students Equities Org equities news has moved! How to quickly sell your house London equity markets make small gains Eurofirst highest since May 2002 Eurofirst makes small gains as Xetra Dax down Eurofirst slightly higher as elections approach London strong on double witching hour NYSE sees little movement on investor caution European equities investors worried by elections NYSE equities down on economic data Nikkei down on post-election profit-taking Nikkei down on post-election profit-taking Economic concerns hit Eurofirst and Xetra Dax Japanese elections boost Tokyo indices Xetra Dax sees fall in Allianz Utilities focus on FTSE Dow Jones sees little movement Analysts suggest Katrina will stimulate economy Investors settled by Japanese polls Banking and utilities see gains on Eurofirst FTSE makes small gains on mergers Investors consider construction boom after hurricane Investors wait in Sunday's election Eurofirst drops from 38-month highs UK Equities down despite monetary policy decision London FTSE makes only small gains Investors consider Katrina economy impact FTSE gains to three-year high |
20/07/05New York equities faced losses from technologyThe New York equities markets had to recover from losses incurred by disappointing quarterly results from General Motors, Intel, and Yahoo. The Dow, the S&P and Nasdaq all managed to finish the day in positive territory, though. The Dow Jones Industrial Average gained 0.4 percent to 10,689.15, the S&P 500 was up 0.5 percent to 1,235.2, and the Nasdaq composite finished the day up 0.7 percent at 2,188.57. Intel lost 4.4 percent on the day to $27.44 after reporting on Tuesday while it had met Wall Street’s earnings expectations, its margins were less than had been expected. Yahoo lost 11.5 percent to $33.40 when it reported that it had achieved its earnings predictions but couldn’t hit revenue targets. The news from Yahoo also pulled Google down by 0.7 percent. Meanwhile, GM dropped 0.7 percent to $36.58 on what it characterized as “very disappointing” results. The S&P, which was down 0.3 percent at one point in the day, was helped by biotechnology company Amgen, which reported an increase of 38 percent in second quarter profits, upon which it raised its forecast for the year. Amgen shares rose 15 percent on the day to $81.17. Eastman Kodak lost 2.2 percent to $28.10 on the news of its third straight quarterly loss and on the announcement that it would eliminate an additional 10,000 jobs. |
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