(Stock Trading News) US stocks fall and rise – Sydney Morning Herald
NEW YORK – US stocks fell, then rose in choppy trade on Wednesday, as pessimism about the US economy mounted after Intel Corp, the world’s largest computer chip maker, posted earnings and a profit forecast that disappointed investors. But JPMorgan Chase & Co, the number three US bank, provided comparative relief from the gloom cast by Citigroup’s record quarterly loss on Tuesday, and lent support to the Dow. FRANKFURT – The DAX index ended at 7,471. TOKYO – Japan’s Nikkei stock average fell to a fresh two-year low as investors sold Sony and other exporters on fears of a possible recession in the US and a surging yen. HONG KONG – Hong Kong stocks plunged in their fifth straight session of losses, as fears mounted of a US recession, leading blue chips down 5. WELLINGTON – The share market fell heavily, extending its longest consecutive losing streak in seven years. read more
Technorati Tags: , index, ended, fell, 2, amp, stock trading news
For more Stock Trading resources just click on any of the following links: Stock Trading , Online Trading , and Option Trading.