Dow shares retreat after 10 day rally ends
Stocks fell Friday ending the Dow's 10 day winning streak, the longest since 1996. The Dow dropped 25.03 points to 14,514.11 while the S&P 500 slid 2.53 to 1,560.70 and the Nasdaq fell 9.86 to 3,249.07 amid inflation fears and possible Fed policy tightening.
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Europe Currents Toward Gentler Austerity Outlook
Three and a half years into the debt crisis Europe shows signs of tempering austerity. Governments ease deficit pressure by slowdowns in enforcement and extended loan repayment timelines while ECB officials push growth revival as a priority the shift highlighted by analysts such as Christian Schulz.
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Galaxy S 4 aims for dual camera but falls short on cohesion
Samsung unveiled the Galaxy S 4 in New York highlighting a dual camera feature that captures user and surroundings simultaneously. The device sports a larger screen and faster processor but viewers say the mix of features doesn’t cohere into a compelling whole as it hits shelves between late April and end of June through Verizon AT&T Sprint T-Mobile US Cellular and Cricket. The phone also introduces hover sensing that pre-views content without touching the screen.
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