Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Hot on Facebook
Guy Buys $123 Safe on eBay, Finds $26,000 Inside Seller tries to get half the cash back, fails »

Stocks Seesaw, Close Down

Investors hold their breath for coming Q1 earnings reports

By Nick McMaster,  Newser Staff

Posted Apr 14, 2008 3:34 PM CDT

(Newser) – Stocks wobbled today, eventually posting modest losses as investors still processing GE’s poor results absorbed Wachovia's unexpected losses and steeled themselves for more disappointment from first-quarter earnings reports. The Dow ended the day down 23.36 at 12,302.06, the Nasdaq dropped 14.42 to 2,275.82, and the S&P 500 fell 4.51 to 1,328.32.

"Investors are very much in wait-and-see mode—Intel, JP Morgan, Merrill and IBM all report this week, and people are waiting to see those big names," one analyst told MarketWatch.

Traders work the floor of the New York Stock Exchange, Monday, April 11, 2008, in New York.
Traders work the floor of the New York Stock Exchange, Monday, April 11, 2008, in New York.   (AP Photo/ Louis Lanzano)
The markets rose and fell Monday, April 14th, eventually posting slight losses.
The markets rose and fell Monday, April 14th, eventually posting slight losses.   (Shutterstock)
Traders work the floor of the New York Stock Exchange, Monday, April 14, 2008, in New York.
Traders work the floor of the New York Stock Exchange, Monday, April 14, 2008, in New York.   (AP Photo/ Louis Lanzano)
« Prev« Prev | Next »Next » Slideshow
To report an error on this story, notify our editors.
A snapshot of the day's best news stories.
 
COMMENTS
Be the first to comment on this story.

More Newser Stories

Markets Plunge on GE News

Techs Stand Tall in 'Relief Rally'

Dow Rises 100+ on Retail Sales Report

Dow Climbs 27 as Year-End Rally Weakens

Dow Up 66 as Consumer Optimism Lifts Stocks


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne