Stocks Slip Lower As Optimism Sags

Summary


Investors lost a little more of their optimism about first- quarter earnings Wednesday, sending stocks sliding on a disappointing profit report from Alcoa Inc. and a warning from Seagate Technology.

With many people away for the Passover and Easter holidays and no trading scheduled for Good Friday, volume was light, exaggerating some of the price moves. Investors who remained seemed chilled by the latest corporate news, and concerns about inflation, rising interest rates and fighting in Iraq added to the day's weakness.

See the full content of this document

Extract


Stocks Slip Lower As Optimism Sags

The Dow Jones industrial average slipped 90.66, or 0.9 ...

See the full content of this document

Sponsored links




ver las páginas en versión mobile | web

ver las páginas en versión mobile | web

© Copyright 2012, vLex. All Rights Reserved.

Contents in vLex United States

Explore vLex

For Professionals

For Partners

Company