On Friday Google and Microsoft fell after reporting earnings from the two tech giants cast doubts on the assumption that the two companies are immune to the recent economic downturn. U.S. stocks closed mixed as quarterly results weighed on the technology sector and the Nasdaq Composite Index.
Google’s second-quarter revenue fared slightly better than earnings, rising [...]

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On Thursday, U.S. stocks rallied for a second day after oil dropped below $130 a barrel for the first time in more than a month. Financial stocks scored double digit gains, fueled by J.P. Morgan earnings report, which beat forecasts, was up by 13.5%
The Dow Jones Industrial Average rose 207.38 points, or 1.9%, to 11,446.66, [...]

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The Dow closed below 11,000 Tuesday for the first time since July 21, 2006, was down by 92.65 points, or 0.8% to 10,962, and the S&P 500 was down by 13, or 1.1% to 1214.91. The NYSE saw its second largest volume day in history, with 7.28 billion shares trading. Average daily volume this year [...]

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