News tagged with “sector snap”. Found:
4 tagged news reports.
Your Search Returned 4 tagged news reports
Defense stocks leap higher as Fed cuts rate
Los Angeles :: CA :: USA | 11 months ago
Credibility
Shares of aerospace manufacturer Boeing gained $2.09, or 5.4 percent, to $40.83, while shares of General Dynamics Corp. added $2.22, or 4.2 percent, to $55.33. The Federal Reserve reduced its federal funds rate, the interest that banks charge each other,...
Tags: conde nast, Federal Reserve, federal funds, sector snap, reserve cut, funds rate
Sector snap: Drug company stocks rise slightly
New York City :: NY :: USA | 11 months ago
Credibility The Fed said it was reducing the interest that banks charge each other to a range of zero to 0.25 percent. That compares with the 1 percent fed funds target rate in effect since the last meeting in October. Wall Street expected the cut as another measure...
Tags: The Fed, Fed Funds, sector snap, funds rate, banks charge, federal funds, target rate, fed cut, percent target
Sector Snap: Defense stocks slide with market
Cincinnati :: OH :: USA | about 1 year ago
Credibility The broader market plunged, with the Dow Jones industrial average losing nearly 500 points to fall below 10,000 for the first time in four years. The markets plunged as investors were concerned the $700 billion rescue package passed by Congress last week...
Tags: stock, market plunged, Dow Jones Industrials, sector snap, credit market, broader market, Congress, industrials average, billion rescue, rescue packaged
Goldman Sachs shares decline with broader market
New York :: NY :: USA | about 1 year ago
Credibility It was shaping up to be the stock's third consecutive session of declines. Meanwhile, the Dow Jones Industrial Average fell 42.17, or 0.37 percent, to 11,284.15. The Standard & Poor's 500 slipped fell 0.90 percent to 1,249.01. Markets fell as the Commerce...
Tags: Commerce Department, Investment Banks, consumers spending, sector snap
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