Stocks edge lower as investors reassessed fears
Wall Street opened with a sharp drop on fears of a slower Chinese economy and possible Fed tapering. By midday the market recovered most losses, ending modestly lower as investors weighed global cues, hiring gains, housing recovery, and corporate profits.
MENTIONED IN THIS ARTICLE
Steve Rothwell
Associated Press
New York
Wall Street
U.S
Federal Reserve
Jim Russell
U.S. Bank
Dow
Standard & Poor
Dow Jones
Fed
China
Hsbc Corp
Asia
Japan
Europe
Germany
Joe Quinlan
U.S. Trust
Quinlan
John Panin
New York Stock Exchange
Closing Stocks NY: Most Active NYSE Listed Stocks
NYSE most active stocks led by large caps with mixed closes. Highlighted names include AT&T, AMD, Alcoa, Altria, Boeing, Coca Cola, Chevron, Exxon, Ford, IBM, JPMorgan, Pfizer, Pfizer and Walmart among many others with varying highs lows and closes.
MENTIONED IN THIS ARTICLE
New York
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At&t Inc
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Altria
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Boeing
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BrMySq
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CotryLink
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Ciiffsnrs
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DeltaAir
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JC Penney
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Ryerson T
SIPC
Gap posts 43 percent jump in first quarter profit
Gap Inc reports a 43 percent rise in fiscal first quarter net income to 333 million or 71 cents per share on 3.73 billion revenue. executives cite a favorable consumer mood, housing and job data, and stock gains as drivers. Store sales rose 2 percent year over year, while yen weakness weighs on outlook.
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New York
Gap
Gap Inc
Old Navy
Banana Republic
Glenn Murphy
Murphy
Grain futures rise on Chicago Board of Trade
Grain futures on the Chicago Board of Trade gained with July wheat up 14.75 cents to 7.0325 dollars per bushel, July corn up 3.5 cents to 6.62, July oats up 3.75 cents to 3.7025, and July soybeans up 5.25 cents to 14.995 per bushel.
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Chicago
Chicago Board of Trade
The
Associated Press
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