S&P's not budging now, but just wait

Article Abstract:

The stock market has failed to break out of its narrow trading range despite welcome news that the Federal Reserve has decided to let interest rates remain unchanged. For the past four months, the S&P 500 has fluctuated between a low of 1373.86 and a high of 1510.49 during which it was traded within 4.7% of its midpoint of 1447.17, its narrowest range in two years. Investors are advised, however, that narrow trading ranges are often followed by strong price rallies.

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No joy in techville; shares strike out

Article Abstract:

Technology stocks continue to experience mounting losses. The Nasdaq composite dropped by 152 points on Nov 20, 2000. It is 43% off its Mar 2000 high and off 29% for the year. The decline is attributable to skyrocketing energy prices, a slowing economy, six interest rate increases since Jun 1999 and the political uncertainty. Gloomy analyst expectations are also making it tougher for technology stocks to stage a comeback.

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Euro cuts U.S. profits abroad

Article Abstract:

Stock prices of US companies operating in Europe are adversely affected by a strong dollar. Some household name US stocks are buckling under increasing concern that earnings for the quarter may suffer from the weak euro. The euro has been steadily declining, falling over 25% against the dollar since its introduction in Jan 1999. More multinational companies are expected to warn of euro-related earnings shortfalls.

Europe, Securities prices

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