|
Top Stories Asia Markets: Asia stocks tumble; downgrade hits Tokyo Asia markets fall, with European concerns bruising sentiment, while a downgrade of Japan’s credit rating and disappointing trade data weigh in Tokyo.
Market Extra: Facebook’s ‘falling knife’ shares drop again Shares of Facebook Inc. fall again, shedding another 9% on its third day of trading.
Dell shares fall on disappointing results PC maker posts a 33% drop in profit, sending its shares tumbling after hours.
After Hours: Dell slides, Morgan Stanley slips after hours The PC maker’s quarterly results miss Wall Street’s expectations, and a securities regulator issues a subpoena to Morgan Stanley related to Facebook’s IPO.
See All Top Stories >> |
See All Overnight Stocks >> |
See All Ups & Downs >> |
May 22, 2012 10:38 PM EDT
After another day of consolidation, this time with a slightly positive bias, the averages are “poised” to do something. Where April marked the top of the market run, as investors moved forward on hope, June marked where investors would price stocks based on fear. Low and behold, the economy isn’t as strong as hoped and the global economic situation isn’t as bad as feared, leaving us somewhere in-between. Dead center of the range for the S &... full story >>