Angela's Feed
Apr 11, 2014

Nasdaq ends below 4,000 for first time since early Feb.

NEW YORK, April 11 (Reuters) – U.S. stocks slid in a
volatile session on Friday, with the Nasdaq closing below the
4,000 mark for the first time since early February.

Selling accelerated late in the afternoon, with the biotech
and other momentum stocks again leading the Nasdaq sharply
lower. JPMorgan’s disappointing earnings also gave investors a
reason to sell some bank stocks.

Apr 11, 2014

Tech, growth stocks sink Wall Street at week’s end

NEW YORK, April 11 (Reuters) – Selling accelerated in U.S.
stocks on Friday as a lousy week came to a close, with biotech
and tech shares again leading the Nasdaq lower and JPMorgan’s
disappointing earnings giving investors a reason to sell some
bank stocks.

Biotech and momentum stocks extended losses from the
previous session’s sharp selloff that pushed the Nasdaq
to its worst decline since Nov. 9, 2011. The Nasdaq Composite
fell through 4,000 for the first time since early February and
many of these popular shares are now down substantially from
records reached only six or seven weeks ago.

Apr 11, 2014

Wall St down as biotechs, financials drag

NEW YORK, April 11 (Reuters) – U.S. stocks fell in a
volatile session on Friday as biotech shares resumed their
downward trend and disappointing earnings from JPMorgan weighed
on the financial sector.

JPMorgan Chase & Co shares fell 3.2 percent to
$55.59 as the biggest drag on the S&P 500 after it reported a
far weaker-than-expected quarterly profit as revenue from
securities trading fell.

Apr 9, 2014

Wall St soars after Fed minutes signal support

NEW YORK, April 9 (Reuters) – U.S. stocks rallied on
Wednesday after minutes from the Federal Reserve’s latest policy
meeting showed a more supportive central bank than investors had
previously expected.

All three major U.S. stock indexes ended up more than 1
percent, with eight of the 10 S&P 500 sector indexes closing
higher. Internet and biotech stocks were among the day’s biggest
gainers.

Apr 9, 2014

Wall St extends gains following Fed minutes

NEW YORK, April 9 (Reuters) – U.S. stocks jumped on
Wednesday, with the three major indexes hitting session highs,
after minutes from the Federal Reserve’s latest policy meeting
showed a more supportive central bank than previously expected.

The Dow and the Nasdaq rose more than 1 percent with
internet and biotech stocks leading the gains. Facebook
shares jumped 5.6 percent to $61.45.

Apr 9, 2014

Wall St climbs for second day, Fed minutes on tap

NEW YORK, April 9 (Reuters) – U.S. stocks rose for a second
session on Wednesday, buoyed by a rise in Alcoa shares
ahead of the release of minutes from the latest Federal Open
Market Committee meeting.

Alcoa Inc gained 3.6 percent to $12.98 as the best
performer on the S&P 500 after it reported a decline in first
quarter adjusted profit but earnings still came in ahead of
analysts’ expectations.

Apr 8, 2014

Wall Street snaps three-day losing streak as tech rebounds

NEW YORK (Reuters) – U.S. stocks rose on Tuesday, snapping a three-day losing streak as investors bought beaten-down social media and Internet shares.

The day’s biggest gainers included Amazon.com Inc (AMZN.O: Quote, Profile, Research), up 2.9 percent at $327.07; Yahoo Inc (YHOO.O: Quote, Profile, Research), up 2.3 percent at $33.83; and LinkedIn Corp (LNKD.N: Quote, Profile, Research), up 5.9 percent at $169.10.

Apr 8, 2014

Wall St snaps 3-day losing streak as tech rebounds

NEW YORK, April 8 (Reuters) – U.S. stocks rose on Tuesday,
snapping a three-day losing streak as investors bought
beaten-down social media and Internet shares.

The day’s biggest gainers included Amazon.com Inc,
up 2.9 percent at $327.07; Yahoo Inc, up 2.3 percent at
$33.83; and LinkedIn Corp, up 5.9 percent at $169.10.

Apr 8, 2014

Wall St rebound led by gains Internet stocks

NEW YORK, April 8 (Reuters) – U.S. stocks mostly rose on
Tuesday, rebounding after three days of declines, as investors
bought beaten-down shares of social media and Internet
companies.

The day’s biggest gainers included Amazon.com Inc
up 2.6 percent at $326.14, Yahoo! Inc up 2.8 percent at
$34.02, and LinkedIn Corp rose 5.5 percent to $168.38.

Apr 8, 2014

Wall St gains as social media, Internet stocks rebound

NEW YORK, April 8 (Reuters) – U.S. stocks rose on Tuesday,
rebounding after three days of declines, as investors bought
beaten-down shares of social media and Internet companies.

The day’s biggest gainers included Amazon.com Inc
up 2.3 percent at $324.99, Yahoo! Inc up 3 percent at
$34.05, and LinkedIn Corp rose 4.5 percent to $166.78.