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Stock prices fell to three-year lows in 2001, wiping out all the gains from the Nasdaq composite index's 85 percent run in 1999. This year, the losses spread beyond technology stocks.
We started 2014 with $1,000 in play money in each of the 30 most important tech stocks in the world. Here's how the portfolio is doing
A one-for-five reverse stock split propelled shares of AT&T to $25 Tuesday as the company returned to its long-distance phone service roots a day after officially shedding its cable assets.
The booming stock market is the result of resurgent economic growth and blockbuster corporate profits.
Wall Street analysts forecast $1.53 a share, according to earnings tracker First Call. The dour forecast pummeled the stock, sending it tumbling to nearly a five-year low.
Based on analysts’ estimates, First Call Corp forecasts a 17.2 percent average earnings gain for companies in the S&P 500 next year.
Inflation fears have caused the Dow and S&P 500 to do something they haven't in 11 months: decline. Both indexes had their worst month in two years.
No matter the cause, the stock market was long overdue to take a breather. Before Friday, the S&P 500 had gone the longest stretch ever without a 3% pullback.
And yet, the stock price lagged: It sank roughly 12 percent over Nardelli's time at the helm. (Total return, which includes dividends, was a negative 7 percent.) But isn't earnings growth supposed ...