Reported by: Eric CRWE Newswire Middle East corresponden

Dow Jones Industrial Average DJIA dropped 133.96 points or 1.3 percent to 10,040.45. Standard & Poor’s 500 index also fell 1.5 percent to 1,051.87 and NASDAQ composite index declined 1.7 percent to close at 2,123.76 points for the day.

Total consolidated volume for the day stood at 4.5 billion shares. Losers to gainers traded with a ratio of three to one on the New York Stock Exchange

The Stock market plunged consecutively for the fourth day on the disappointing US economy data released today. As per the report of National Association of Realtors, homes sales dropped to an annual rate of 3.83 million as compared to expectations of 4.7 million which was already on the conservative side.

Diamond Management & Technology Consultants Inc. (NASDAQ:DTPI) reported the highest gain on Wall Street by surging 31.45 percent to close at $12.54 with total volume of 19.18 million for the day.

Citigroup (NYSE: C) remained the highest traded stock on New York Stock Exchange as usual and faced the correction of 1.07 percent to close at $3.71 with traded volume of 441.82 million shares.

Among major losers of the day Medtronic Inc (NYSE: MDT) reported the fall of 10.80 percent and closed at $31.21 with traded volume of 37.125 million shares. Sirius Inc remained the most traded stock at NASDAQ with a volume of 168.23 million shares and declined 3.03 percent to $0.96 in today’s trading session.

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The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company or person mentioned or referred to in the article.

Reported by: Eric CRWE Newswire Middle East correspondent

Dow Jones Industrial Average DJIA dropped 0.4 percent or 39.21 points to 10,174.41 Monday. Standard & Poor’s 500 index fell 0.4 percent to 1,067.36 and the NASDAQ composite plunged 0.9 percent to close at 2,159.63.

Losers to gainers stood in a ratio of three to two on the New York Stock Exchange. With Total traded volume at 3.3 billion shares.

Negative market sentiments were carried over from last week because of the US economic news “a sluggish US economy” the increased unemployment rate in most of the US states, reduced manufacturing activity and consumer spending. Traders are now looking at the durable goods report to be released on Wednesday hopefully it will be a brighter picture.

Wall Street this morning opened with optimism, a positive opening when news of Hewlett Packard surpassed Dell’s bid by 33 percent for the acquisition of 3Par a data storage provider company.

On the positive news 3Par (NYSE: PAR) gained 44.62 percent to close at $8.05 with volume of 16.63 million shares whereas Hewlett Packard (NYSE: HPQ) fell 2.03 percent to $39.04 with traded volume of 37.41 million shares.

Dell Inc (NASDAQ: Dell) also declined 13 cents to close at $11.94 with traded volume of 22.19 million shares.

Other mergers and acquisition news; Potash has finally turned down BHP Billiton bid of $38.5 billion whereas HSBC is in negotiations with South Africa’s Nedbank Group Ltd for acquisition of a controlling interest in Nedbank ownership.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of Crown Equity Holdings Inc. or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company mentioned or referred to in the article. (read more) Rule 17B requires disclosure of payment for investor relations.

The views expressed in any article, reports, writings are not necessarily the views of Crown Equity Holdings Inc. its officers, directors, staff, contractors or employees. They do not represent the views or opinions of this site. Views expressed in articles are those of the author alone.

Reported by: Eric CRWE Newswire Middle East correspondent

Dow Jones Industrial Average DJIA dropped 0.6 percent or 57.59 points to 10,213.62. Standard & Poor’s 500 index plunged 0.4 percent to 1,071.69 whereas NASDAQ composite index reported the gain of 0.04 percent to close 2,179.76 for the day.

Out of every five shares three closed in the negative zone while two reported a gain on New York Stock Exchange. The total traded volume for the day stood at 1.1 billion shares.

Bearish sentiments were maintained in today’s session due still to the weaker economic data which is showing a lower employment rate creating more uncertainty over coming quarters. Slow recovery in consumer spending is creating concerns as the low spending will keep the unemployment rate high. Currently unemployment rate is around 9.5 percent which is its high and not all unemployed persons are being counted.

Dell Inc (NASDAQ:DELL) announced its quarterly results today exceeding analysts’ expectations. Dell increased in value 0.25 percent on the news and closed at $12.07 with total volume of 50.25 million shares trading.

Dells major rival Hewlett Packard Co (NYSE:HPQ) also reported its quarterly results today with an increase of 6 percent in net profit. HPQ’s share price dropped by 2.23 percent to close at $39.85 with overall volume of 38.85 million shares for the day.

Crude oil also remained under selling pressure and crude future contract of October delivery dropped 97 cents to $73.82 per barrel on New York Mercantile Exchange. In reaction stock related directly to oil prices also dropped on the NYSE such as Chevron (NYSE:CVX) declining by 79 cent to close at $75.05 with total volume of 9.30 million shares.

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The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company or person mentioned or referred to in the article.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWENewswire.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold CRWENewswire.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (read more) Rule 17B requires disclosure of payment for investor relations.

Reported by: Eric CRWE Newswire Middle East correspondent

Dow Jones Industrial Average fell 1.39 percent to 10,271.21 shedding almost 144.33 points in today’s trading session. Standard and Poor’s 500 index declined 1.69 percent to 1,075.63 points which is its lowest level since July 21st, 2010 whereas NASDAQ Composite Index dropped by 1.66 percent losing 36.75 points to close at 2,178.95 level for the day.

Out of every five stocks four faced correction in today’s trading session at New York Stock Exchange whereas total traded volume stood at 1.1 billion shares for the day. Over all bearish sentiments were maintained in the market due to disappointing economic reports creating concerns about the sluggish economic recovery.

The US Labor Department disclosed that unemployment claims have increased considerably in the last week whereas the Federal Reserve of Philadelphia added more negativity for the market by reporting that manufacturing activity in mid Atlantic region had plunged for the month of August 2010. Philadelphia Federal Reserve index for manufacturing survey stood in the negative zone with 7.7 for August as compared to positive of 5.1 for the month of July.

As investors shifted their focus toward Treasury bonds as a much safer investment, interest rates fell sharply.

As the market was on a selling spree due to the negative economic indicators, Intel announced acquisition of McAfee Inc for an all cash deal of $48 per share ending with a total acquisition of $7.68 billion. McAfee shares gained 57.1 percent to close at $47.02 in the days trading session with total volume of 185.64 million shares but the news wasn’t enough to offset the impact of sluggish economic data. Intel Corp on the other hand faced correction of 3.1 percent to close at $18.98 for the day

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The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company or person mentioned or referred to in the article.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWENewswire.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold CRWENewswire.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (read more) Rule 17B requires disclosure of payment for investor relations.

Reported by: Eric CRWE Newswire Middle East correspondent

Dow Jones Industrial Average DJIA moved up by 0.1 percent to 10,415.54 points for the day. Standard & Poor 500 index also advanced 0.2 percent to 1,094.16 whereas NASDAQ composite index surged 0.3 or 6.26 points to 2,215.70 in US stock markets trading session.

Overall 922 million shares were traded for the day and today’s market remained fluctuating due to mixed investor’s sentiments whereas gainers to losers stood with ratio of 3 to 2 on NYSE.

Investors have more focus toward government owned securities considered to be more of a safe heaven as yield on 10 year treasury bond dropped to 2.63 percent as compared to fall of 2.64 percent yesterday.
Jinko Solar Holding Co (NYSE: JKS) stood as the highest gainer with positive change of 12.56 percent to close at $24.46 whereas its total volume stood at 988,789 shares for the day.

Citigroup remained the most traded stock as usual with total traded volume of 475.82 million shares and gained by 0.26 percent to close at $3.86 in today’s trading session.

Potash also reported the surged of 3.3% to $147.93 for the second consecutive day as the investors are hoping for the better bid from BHP Billiton for acquisition of Potash. Potash earlier on Wednesday turned down the bid price of $130 referring to it as too low.

Target Corp announced its second quarter results in today’s trading session and but failed to meet analysts’ forecasts. Target share price gained 2.5 percent to close at $51.95 for the day.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of Crown Equity Holdings Inc. or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company mentioned or referred to in the article. (read more) Rule 17B requires disclosure of payment for investor relations.

The views expressed in any article, reports, writings are not necessarily the views of Crown Equity Holdings Inc. its officers, directors, staff, contractors or employees. They do not represent the views or opinions of this site. Views expressed in articles are those of the author alone.