Stocks skid, led by Amazon and Microsoft

Article Abstract:

The US stock market declined further on July 23, 2004, due by lower-than-expected earnings from Microsoft and Amazon.com, sending the Dow Jones industrials below 10,000. For the fourth consecutive week, all three indexes ended the week lower as investors sold stocks across all sectors and industries, with technology and consumer staples being the worst affected.

Prepackaged software, Computer and Data Processing Services, Computer software industry, Software industry, Microsoft Corp., Computer services industry, Information technology services industry, Amazon.com Inc., MSFT, AMZN

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Market drops as 2004 ends

Article Abstract:

Wall Street ended a year of gains with a small decline in October 2004 as investors made adjustments to portfolios in light holiday trading. The Dow Jones industrial average fell 17.29 or 0.16 percent to 10,783.01 while the S&P 500 index was down 1.63, or 0.13 percent, at 1,211.92 and the Nasdaq lost 2.90, or 0.13 percent, to 2175.44.

ELECTRONIC & OTHER ELECTRIC EQUIPMENT, Pharmaceutical preparations, Electrical equipment and supplies industry, Electric equipment industry, Pharmaceutical industry, General Electric Co., GE, Eli Lilly International Corp.

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Stocks fall on new fear of inflation

Article Abstract:

The news that came from the Federal Reserve about the inflation resulted in decline in stock prices. Federal officials stated that drop in productivity growth, a weakening dollar, and high oil prices all contributed to the inflation.

Influence, Inflation (Finance), Inflation (Economics)

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