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There are weeks when Wall Street looks for an excuse to buy. And then there are weeks when it can't wait to sell.
Tech stocks suffered a drubbing this week despite some very strong numbers from stalwarts Apple(AAPL Quote) and IBM(IBM Quote), and the price of oil went skidding to the $50-a-barrel range.
Even the normally sunny Jane Snorek of U.S. Bancorp Asset Management had to look hard for reassuring news. "Stocks have gone up for six months," she said. "Now we're getting some lackluster quarters. That's not a good combination." ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
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