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Stocks tanked Wednesday afternoon after a weak retail sales report and dour forecasts from the Federal Reserve exacerbated fears that the economy is in a recession.
Among stock movers, 29 out of 30 Dow components slid. Declines were led by Intel (INTC, Fortune 500), which fell on a Banc of America Securities downgrade, according to Briefing.com.
Earnings news: After the close, Cisco Systems (CSCO, Fortune 500) posted fiscal fourth-quarter earnings and revenue that topped analysts' forecasts.
(FORTUNE Magazine) -- After rising from 2,500 to 20,000 points in three years, the stock market dropped to 8,019 last month. It's Riyadh's Black Monday. 1 What's happening?
Recession rumors rocked Wall Street Wednesday, driving the S&P 500 index down 9%, its second-worst blow percentage-wise since Oct. 19, 1987. But after the dust settled, four companies managed to ...
Click the chart for more stock market data. NEW YORK (CNNMoney) -- Wall Street suffered its bloodiest day of the year Friday as U.S. stocks sank more than 2% following an ugly jobs report.
Sentiment dipped to 73.6 in February from 73.7 in January, versus forecasts for a rise to 73.9.
With total revenues of $252 million, the Seattle company's stock was trading at a record high in April. ... JPMorgan dramatically slashes Tesla's stock price forecast.
I would be building a platform for user-generated governance (UGG) as a replacement for our flailing "dot-gov" sector. It's utterly divorced from serving the public.
One plank in his platform is that the market would react well to each company's having to stand on its own feet, meaning, for instance, that printers would not be forced to subsidize PCs.