On Wednesday U.S. stocks ended lower, weighed down by a rebound in oil prices and ongoing worries about the financial sector sparked by Merrill Lynch’s downgrades of several banks.
The Dow Jones Industrial Average fell 109.5 points to 11,532, with only five of its components finishing in positive territory. The S&P 500 index ended down 3.76 [...]

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Apple Inc. has delivered a wonderful quarter report on July 21 but forecasted fourth-quarter earnings of only $1.00 per share and revenue of $7.8 billion, compared with average Wall Street targets of $1.25 per share which is out of a range of $1.13 to $1.41 on $8.3 billion in revenue.
While Apple has a reputation for [...]

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On Friday U.S. stock indexes closed at six-week highs, as a rising dollar propelled the price of crude oil to lows not since seen early May, offsetting the latest cloud for financial stocks as Fannie Mae posted large losses.
The Dow Jones Industrial Average was up more than 300 points for a second day this week [...]

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