Stock Market Today

Stock Market Preview – Renren (RENN) Jabil Circuit (JBL) PNC (PNC) REGAL-BELOIT (RBC) Spotlight

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(Best Syndication News) Markets in Asia were mixed Monday while European stock markets are opening lower (see chart below).

World Markets

The Nikkei 225 index in Japan closed 2.92 (+0.03%) points higher to 9,354.32. Most other markets around the world were lower. The Shanghai composite index was down 0.80 percent and the Hang Seng was down 0.44 percent.

The S&P ASX 200, which tracks the Australian Stock Exchange, closed down 33.20 (-0.74%) to 4,451.70. The BSE Sensex, which tracks the Bombay Stock Exchange, fell 348.24 points (-1.95%) to 17,522.29.

Stock Market News – Intel (INTC) and Cisco (CSCO) biggest Losers while ATT (T) Won

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(Best Syndication News) The week ended higher after declining six weeks in a row (see charts below). The Nikkei 225, Shanghai and Hang Seng were all lower on Friday and were also lower for the week.

Dow Jones

The Dow Jones Industrial Average (DJIA) index advanced 42.84 points (+0.36%) to 12,004.36. After a 1.49 percent decline on Wednesday, it appeared the week might end on a down-note.

Only seven of the 30 Dow constituents were lower Friday (see Dow constituent table below).

Stock Market Today – Disney (DIS) JPMorgan (JPM) hit 100-day Losers American Express (AXP) Winner

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(Best Syndication News) Stock markets throughout the world were lower today, but two indexes in the United States advanced (see stock charts below). As the Greek sovereign debt crisis heats up, investors are looked for safe havens. The Shanghai composite, the Hang Seng, the S&P ASX 200, the Brazil Bovespa and the Canada S&P/TSX indexes all hit 100-day lows on Thursday.

Dow Jones

The Dow Jones Industrial Average advanced 64.25 points (+0.54%0 to 11,961.52 Thursday after a day of steep declines (see World Market chart below).

Research In Motion (RIMM) and Pandora Media (NYSE:P) Spotlight

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(Best Syndication News) During regular trading today Research In Motion Limited (USA) (NASDAQ:RIMM) advanced 0.16 (+0.45%) to $35.33 per share. In after-hours the share price fell 5.07 (-14.35%) to $30.26.

As the company held their conference call after presenting their Q1 2012 earnings release, the share price began to plummet.

The earnings per share was in line with estimates. The company announced earnings of $1.33 per share and analysts expected $1.32. The problem was with the revenue and sales of their BlackBerry PlayBook. There are concerns that the company can’t compete against the market leader, Apple.

Stock Market Today – Alcoa AA Bank of America BAC and CISCO Hit 100-Day Lows

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(Best Syndication News) Stocks around the world fell Wednesday after Greek debt worries continue to haunt investors (see stock charts below). Riots and uncertainty are driving stocks lower again early Thursday in Asia.

Dow Jones

The Dow Jones Industrial Average (DJIA) fell 179.37 points (-1.49%) to 11,897.27 (see world market chart below). At the close of trading, the Dow broke through the S1 support level of 11,929.04.

The market was volatile with the range 68.47 percent above average and the volume 7.47 percent above average (see technical chart below). Year-to-date, the Dow is still 222.51 points higher.

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