Stocks take big hit; year-end optimism vanishes as interest-rate fears send global markets tumbling

Article Abstract:

The possibility of higher interest rates caused stock exchanges throughout the world to plummet. Technology stocks were the hardest hit. The Toronto Stock Exchange plunged 2.51%, the highest decrease since Nov 1999.

World, Forecasts and trends

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Profit warnings, downgrades rock technology sector

Article Abstract:

The technology sector saw a 3.23 per cent drop in the Nassdaq Stock Market's composite index. Dire quarterly profit warnings proved disastrous for Entrust Technologies Inc., Computer Associates International Inc., and BMC Software Inc.

Prepackaged software, Computer Software, Software Publishers, Sales, profits & dividends, Computer software industry, Software industry, Software, Finance, CA Inc., CA, The Nasdaq Stock Market Inc., Entrust Technologies Inc., BMC Software Inc., ENTU, BMCS

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Tech stocks lead rally on U.S. job figures

Article Abstract:

Prices of North American technology stocks increase dramatically on the assumption that interest rates will be raised conservatively due to a lower than expected rise in United States employment.

Canada, High technology industry, Stocks, Employment, Securities

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