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Thursday, May 13, 2010

U.S. Stocks Fall as Banks, Retailers and Cisco Decline

May 13 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. Stocks fell, led by banks and technology companies, on reports that more mortgage-bond deals are being scrutinized by prosecutors and an earnings forecast from Cisco Systems Inc. that disappointed some investors. Bloomberg's Pimm Fox also speaks. (Source: Bloomberg)


U.S. Stocks Rise, Erasing S&P Loss From May 6 Plunge:

May 12 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. Stocks advanced, wiping out losses from the May 6 plunge in the Standard & Poors 500 Index, after pledges from the U.K. and Spain to shrink their budget deficits allayed concern the European debt crisis will curtail global growth. Bloomberg's Pimm Fox also speaks. (Source: Bloomberg)


THE STOCK MARKET FOR BEGINNERS

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