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October 12, 2008 10:30:38 PM CDT


Stories related to: nasdaq

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  • July 2007
    • Merck News Gives Markets Shot in the Arm

      Merck News Gives Markets Shot in the Arm

      (Newser) - Stocks rallied across the board today, after a number of major buyouts and earnings reports diverted traders' attentions from the foundering subprime market and an enervated dollar once again. The Dow was up 2.34 to 13943.42 after drug-maker Merck, a major component of the index, reported its best earnings since April, a far better result than expected. More »

      Tags

      Dow Jones   stock market   S&P 500   pharmaceutical companies   nasdaq

    • Stocks Drop on Fed Chief's Mixed Report

      Stocks Drop on Fed Chief's Mixed Report

      (Newser) - US markets sank today after two Bear Stearns hedge funds were revealed to be worthless and the Fed Chairman expressed concerns about the stability of the economy. Testifying before the House, Ben Bernanke said he expects growth next year, but stressed that the sinking housing market continues to saddle the economy. After four straight record closes, the Dow dropped 53.33 to 13918.22. More »

      Tags

      Dow Jones   stock market   Federal Reserve   S&P 500   Ben Bernanke   Intel   nasdaq

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