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Stocks wobble to mixed close on financial-sector concerns
Summary from United States, from articles in English
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Some investors looking to sidestep the troubled sector moved into technology stocks, giving the Nasdaq composite index the biggest advance of the major indexes. (article 2)
NEW YORK - Wall Street ended a wobbly session today with mixed results as concerns about the financial sector eroded enthusiasm over a decline in oil prices and a report that signaled modest growth in the service economy. (article 1)
NEW YORK (Reuters) - Blue-chip stocks dipped on Wednesday to close at their lowest since mid-April after Federal Reserve Chairman Ben Bernanke stoked inflation worries and concerns about more credit losses dogged financial shares. (article 4)
Technology shares snapped back after two down days, however, helped by some positive brokerage comments on chip makers and data showing unexpected resilience in private-sector employment and the services sector. (article 4)
The market had spent much of the day up, but took a turn lower late in the session, after Bernanke said policy-makers were concerned by signs of rising long-term inflation expectations. (article 4)
NEW YORK - Wall Street fell for a second straight day today as investors grew more worried that the financial sector is still suffering badly from the credit crisis. (article 3)
The Dow Jones industrial average fell 100.97 to 12,402.85, after being down more than 160 points earlier in the session. (article 3)
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Other stories about Lehman, shares and Bank:
Event tracking:
Story keywords
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Lehman, shares, Bank, billion, Financial |
Source articles
- Stocks wobble to mixed close on financial-sector concerns (seattletimes.nwsource.com, 06/04/2008, 190 words)
- Oil falls again, but stocks end mixed (L.A. Times, 06/05/2008, 578 words)
- Stocks fall on financial-sector worries (seattletimes.nwsource.com, 06/03/2008, 421 words)
- Dow slips on credit, inflation worries (boston.com, 06/04/2008, 690 words)
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blaster@cs.columbia.edu
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