...AP) -- Prices were mixed on Wall Street today as a battered stock market sought a direction after Friday's devastating selloff. The Nasdaq composite index was up 130.62 at 3,451.91 in late morning trading, having recovered from an early loss...
...soaring as bargain-hunting investors capitalized on the massive selloffs earlier this week. But analysts cautioned against attributing...of point gains. The boost couldn't compensate for earlier selloffs, however; the index fell 136.25 for the week, or 5.1...
...former peaks any time soon. But with a long string of punishing selloffs behind them, tech stocks -- at least the shares of the best-established...index, which has joined the Nasdaq in rebounding from harsh selloffs earlier this month, rose 24.41 for the week. A gain of...
...twice. Then, when the two big routs failed to inspire rallies, it became clear prices still have further to fall. The steep selloffs -- sparked by yet more bad earnings news and fears of a global recession -- pushed the Dow Jones industrials below 10,000...
...falling below 5,000 for the first time in nearly three years. On Wall Street, stocks drifted lower as investors digested the selloffs on Asian and European markets that suggested the U.S. economic malaise is part of a larger global problem. Los Angeles...
...however cautiously -- are helping it happen. From Wall Street to Main Street, optimism is growing that the days of incessant selloffs are coming to an end. The reasons: encouraging economic data, a more stable stock market and five interest rate cuts by...
...more and investors still not buying. In fact, this year the selloffs spread to the broader market as safer blue chips issued profit...well was buying on the dips. The market seemed to rally after selloffs," Ackerman said. "Right now, market rallies are weak at...
...demand slows and doesn't pick up until the third or fourth quarter. Sure, there will be rallies, especially following big selloffs, but they won't last. The consensus among analysts is that this past week, when the Nasdaq composite index rose all five...
After a decade of investing in stocks, Philip Little is about ready to get out.
...to jump in at beaten-down prices. "Around market turning points, a lot of times sentiment is extreme. So you get big selloffs and subsequent big rallies afterward," said Sam Burns, research analyst at Ned Davis Research. "The fact that we are seeing...
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