Stocks slump as earnings disappoint – Yahoo News
Please enter your Phone Number. Send Thanks! A link has been sent. Done Stocks Higher But Little Changed By Myles Udland 1 hour ago 0 shares REUTERS/Russell Cheyne Stocks are higher, but off their best levels from early in the session.
Stocks look set to end July with whimper – Jul. 31, 2014
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Eastern time. The Dow Jones industrial average fell 121 points, or 0.8 percent, to 16,760. The Nasdaq composite dropped 39 points, or 0.9 percent, to 4,422. ORGANIC MAINSTREAM: Whole Foods Market fell $1.86, or 4.8 percent, to $37.27 after reporting quarterly sales that fell shy of Wall Street expectations.
Stocks mostly higher as Fed retains dovish stance
Fed Bank of Philadelphia President Charles Plosser dissented, objecting to the “considerable time” phrasing as related to the window of how long the central bank would wait until it begins raising the Fed funds rate. Stocks had mostly fallen on Wednesday after a report that had the economy bouncing back at a faster-than-estimated clip in the second quarter fueled speculation that the Federal Reserve could move on rates more quickly than anticipated. “The market can’t ignore how this raises the stakes for the Fed. There are consequences to better growth, and that’s a less accommodative Fed,” said Peter Boockvar, chief market analyst at the Lindsey Group.