MacDailyNews - Where Mac news comes first

Go to iPodDailyNews

MacDailyNews Poll

5 Day Most Commented

Opinion Archive

February 2010
Microsoft’s Windows is far less secure than Apple’s Mac OS X
January 2010
Why I’ll be buying an Apple iPad - along with millions of others
October 2009
Is Psystar’s real mission to publicize that running Apple’s Mac OS X on generic PCs is possible?

Current Headlines

Wed, Mar 17, 2010 - 04:52 PM EDT — AAPL: 224.12 (-0.33, -0.15%) | NASDAQ: 2389.09 (+11.08, +0.47%)

Stocks sink on signs of labor market weakness

Thursday, September 04, 2008 - 03:22 PM EDT

"Stocks sank on Thursday, as more signs of weakness in the labor market and increasingly sluggish growth overseas heightened concerns about the corporate profit outlook," Kristina Cooke reports for Reuters.

"The market hobbled out of the opening gate after weekly government data showed an unexpected jump in the number of filings for jobless benefits, while a report by ADP Employer Services showed private employers cut 33,000 jobs in August," Cooke reports.

"The data fueled investor nervousness ahead of the government's key August non-farm payrolls report, and losses cascaded in afternoon trading," Cooke reports.

"Shares of technology companies, considered vulnerable because of their overseas exposure, tumbled. Networking equipment maker Cisco Systems was a top drag on the S&P 500, with a drop of 4.4 percent at $22.29 on Nasdaq," Cooke reports.

BlackBerry devices maker Research In Motion was the top Nasdaq drag, falling 5.4 percent to $108.59. Shares of iPhone maker Apple dropped 3.1 percent to $161.76," Cooke reports.

Full article here.

Reader Feedback: = registered.
Unregistered users: Feedback from multiple usernames are subject to deletion. Off-topic and posts from suspected astroturfers will be removed.

Reader feedback page 1 of 1 pages:

Sep 04, 08 - 03:34 pm Comment from: almux

In relation the title... and the $ rises strangely with no other reason than having some people to buy gold and silver while waiting for the next fall of the currency!

Sep 04, 08 - 05:37 pm Comment from: dawnsun

What happened to the headline: Stocks sore after Governor Palin's speech at convention?

Reader feedback page 1 of 1 pages:

MacDailyNews - Where Mac news comes first

MacDailyNews Poll

5 Day Most Commented

Opinion Archive

Current Headlines

Latest Joy of Tech

MacNN

AppleInsider

Macworld UK

TUAW

MacRumors

Yahoo! Finance AAPL

iTunes Top 10 Albums

Mac OS X Downloads

Wed, Mar 17, 2010 - 04:52 PM EDT — AAPL: 224.12 (-0.33, -0.15%) | NASDAQ: 2389.09 (+11.08, +0.47%)

Stocks sink on signs of labor market weakness

Reader Feedback: = registered.
Unregistered users: Feedback from multiple usernames are subject to deletion. Off-topic and posts from suspected astroturfers will be removed.

Add Your Feedback:


Emoticons \| Allowed HTML Tags Remember my info Notify me of follow-up comments? Please enter the "MDN Magic Word" you see in the image below:

MacDailyNews - Where Mac news comes first

MacDailyNews Poll

5 Day Most Commented

Opinion Archive

Current Headlines

Wed, Mar 17, 2010 - 04:52 PM EDT — AAPL: 224.12 (-0.33, -0.15%) | NASDAQ: 2389.09 (+11.08, +0.47%)

Stocks sink on signs of labor market weakness

Reader Feedback: = registered.Unregistered users: Feedback from multiple usernames are subject to deletion. Off-topic and posts from suspected astroturfers will be removed.

Add Your Feedback:

Reader Feedback: = registered.
Unregistered users: Feedback from multiple usernames are subject to deletion. Off-topic and posts from suspected astroturfers will be removed.