StockCenter
At the Heart of it
 

Search results for indu

 

U.S. stock futures tilted modestly higher Monday amid relative calm over European finances and the lack of any sparks at a weekend meeting of top finance ministers.

S&P 500 futures (SPX 1,065, -0.72, -0.07%) rose 1.6 points to 1,061.4 and Nasdaq 100 futures (COMP 2,141, -0.47, -0.02%) were ahead 1 point at 1,746. Futures on the Dow Jones Industrial Average (INDU 10,012, +10.05, +0.10%) gained
A day-long slide in stocks Thursday, fueled by a swoon in the technology sector following Apple's unveiling of its new tablet computer, left the market poised for its worst monthly decline since the end of the bear market.
Stocks suffered the worst one-day decline of 2010 so far, led by the financial sector, which slid after J.P. Morgan Chase's announcement of weaker-than-expected revenue and a glum outlook.
The Dow Jones Industrial Average(INDU 10,610, -100.90, -0.94%) , which hadn't posted a daily decline of more than 37 points in January before Friday, ended down 100.75 points, or 0.9%, at 10,609.80.
Stocks enjoyed a broad rally Wednesday as an analyst upgrade of Merck spurred the health-care sector higher, while financials benefited from hopes for high profits.
Credit Suisse raised its investment rating on the drugmaker to outperform from neutral and boosted its target price on the stock, saying it has a positive view on the company's pipeline.
One day after the Dow Jones Industrial Average reclaimed gains for the month, preliminary figures released Tuesday point to the Dow Jones U.S. Utilities Index as the best performer for December.

But the move into what is viewed as one of the more defensive areas of the market has less to do with uncertainty about the economy or other fundamentals and more to do with fund managers looking to ha
The technology sector is again illustrating why it's the best-performing sector of 2009, as results from software giant Oracle Corp. helped propel the Nasdaq Composite Index to weekly gains even as the broad market lost ground.
Raising hopes that corporate America can begin tallying revenue gains, Oracle /quotes/comstock/15*!orcl/quotes/nls/orcl (ORCL 24.34, +1.46, +6.38%) and BlackBerry make
U.S. stock investors in the week ahead will grapple with an increasingly familiar theme -- that better economic data may ring a death knell for the era of the ultralow rates that helped markets rebound this year.
"From the market's perception, the Fed is probably closer to having to raise rates at some point," said John Stoltzfus, senior market strategist at Ticonderoga Securities, a New York b
Brazilian equities slipped Tuesday, with utility stocks lower following a wind-energy auction at which the selling price for energy was lower than anticipated.

But improvement in prices among steel stocks helped Brazil's Bovespa pare losses. The index ended down 39 points at 69,310.81. The loss was the first in five sessions, and the index finished the previous session at its best level this y