Tech Gains; Dow Up 96

Fannie, Freddie continue to bleed out; H-P brightens tech sector

(NEWSER) - The markets ended up after alternating from gains to losses in today’s session, MarketWatch reports. Fannie Mae and Freddie Mac continue to make traders uneasy about financial firms, but strong results from Hewlett-Packard provided a welcome distraction. The Dow closed up 68.88 at 11,417.42. The Nasdaq gained 4.72 points, closing at 2,389.08, while the S&P 500 climbed 7.85 to 1,274.54. More»

Dow gains 0.5% for the week, other indices fall

(NEWSER) - Energy stocks led declines on Wall Street today after Goldman Sachs downgraded coal firm Peabody Energy, and Dell reported a bigger-than-expected profit decline, the Wall Street Journal reports.

• The Dow closed down 14.28 points at 10,318.16.
• The Nasdaq lost 10.78, closing at 2,146.04.
• The S&P 500 fell 3.52, settling at 1,091.38.

Intel, Dell see gains

(NEWSER) - Stocks mostly fell today despite good news from the tech sector, the Wall Street Journal reports. The Reuters/University of Michigan index of consumer confidence fell in August, dragging the markets down. Intel rose 4.32% after raising its third-quarter profit forecast, while Dell gained 1.89% on second-quarter earnings that beat expectations. The Dow fell 36.43 points to 9,545.20. The Nasdaq added 1.04 to settle at 2,028.77, and the S&P 500 lost 2.05, closing at 1,028.93. More»

(NEWSER) - Stocks were modestly higher at the open today, after JPMorgan topped estimates in the first quarter and Nokia met them. The Dow inched up 31 points, while the Nasdaq and S&P rose 16.9 and 4.08 points, respectively. JPMorgan added 1.7%, while Nokia rose 12%. Traders were watching Rosetta Stone, which began trading publicly today, priced at $18 a share. More»

Google remains below $300

(NEWSER) - Withering tech stocks tugged the broader market down today, the Wall Street Journal reports. Hewlett-Packard fell 4.6% while IBM closed down 2.9%, Cisco dropped 3.95% and Google 5.9%—after that stock closed below $300 on Friday for the first time since January. The Dow fell 79.89 to 6,547.05. The Nasdaq lost 25.21, closing at 1,268.64, while the S&P 500 shed 6.85 to settle at 676.53. More»