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US stocks closed mixed on Friday, with blue chips and broader market indicators in the red while the technology space managed a small gain. Investors continued to be nervous ahead of the announcement of quarterly earnings even as worries remain over the health of the economy.
NEW YORK: With little upbeat news ahead of a crush of corporate earnings reports next week, stocks on Friday hit their longest losing streak since the market's spring rally began in early March.
NEW YORK, Jul 11, 2009 (AFP) - Wall Street is wilting in the summer heat, with investors increasingly uncertain about an economic and earnings recovery anytime soon.
NEW YORK: Second-quarter earnings for Standard & Poor's 500 companies are expected to fall 35.7 percent, about the same projection as a week earlier, according to Reuters on July 10.
July 11 (Bloomberg) -- Treasuries rose for a fifth week, the longest rally so far in 2009, as speculation recovery from the deepest recession in 50 years may take longer than expected drove investors toward the safety of U.S. debt.
Indexes down for 4th straight week
There is just one problem with tracing stock performance all the way back to 1802: It isn't really valid.
NEW YORK - Investors seem to be running short on hope. With little upbeat news ahead of a crush of corporate earnings reports next week, stocks on Friday hit their longest losing streak since the market's spring rally began in early March.
NEW YORK - Falling oil prices and unease over corporate earnings are putting more pressure on stocks.
TORONTO (Reuters) - Toronto's main stock index finished lower on Friday, but off session lows, as falling prices for oil and metals kept pressure on the resource-heavy index and shares of Potash Corp were hit hard by pricing reports.
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