Embed code
Copy the embed code below and paste it into your blog or webpage.
![]() |
||
| US STOCKS-Wall St dips from multiyear highs, Fed's Yellen on tap | REUTERS | |
* Google shares dip, executive to sell nearly half his stake * Celgene up as regulator approves new drug * Dow off 0.3 pct, S&P down 0.1 pct,, Nasdaq off 0.2 pct, By Rodrigo Campos NEW YORK, Feb 11 (Reuters) - U.S. stocks slipped at the open on Monday, with the S&P and Nasdaq dipping from multiyear highs, as Google shares weighed on the market on plans by its former chief executive to sell a large chunk of his stake in the Internet company. Trading volume was relatively low, which could make the market volatile and exaggerate moves. Google fell 0.9 percent at $777.94 after the company said in a filing former chief executive Eric Schmidt is selling roughly 42 percent of his Google stake, a move that could potentially net him $2.51 billion. The decline was partly offset by gains in Apple, up 1.2 percent at $480.78 after a New York Times report that the iPhone maker is experimenting with the design of a device similar to a wristwatch. No economic data or major earnings reports are scheduled for Monday, but Federal Reserve Vice Chair Janet Yellen is due to speak about the economic recovery at 1 p.m. (1800 GMT). Upbeat U.S. and Chinese data last week helped the S&P 500 extend its weekly winning streak to six. The benchmark is up more than 6 percent so far this year after a steep rally in January that has stalled as the S&P and Dow industrials near record highs. The large market rally so far this year has created space for hesitation in the absence of clear catalysts, according to Steve Goldman, principal at Goldman Management in Short Hills, New Jersey. "Some positives behind the market rally are still there, and the path of least resistance is likely to be higher," he said. The Dow Jones industrial average fell 35.39 points or 0.25 percent, to 13,957.58, the S&P 500 lost 1.94 points or 0.13 percent, to 1,515.99 and the Nasdaq Composite dropped 5.75 points or 0.18 percent, to 3,188.12. US Airways shares edged up as people familiar with the matter said an $11 billion merger with AMR Corp appeared closer. The deal would create the world's largest airline by passenger traffic. Opposition grew to the $24.4 billion buyout of Dell Inc , the No. 3 personal computer maker, as three of the largest investors joined Southeastern Asset Management on Friday in raising objections. Dell said in a regulatory filing it had considered many strategic options before opting to go private in a buyout led by Chief Executive Michael Dell. Dell shares hovered near $13.65, the buyout offer price. Regeneron Pharmaceuticals Inc shares jumped 8 percent to $179.11 after Sanofi said it plans to buy Regeneron's common stock. |
||
| Domestic Market Reports | |
| US STOCKS-Wall St sags, but ends off session lows; HP hits 52-wk high | 24 May, 2013 |
| US STOCKS SNAPSHOT-Wall St ends down but off session lows | 24 May, 2013 |
| US STOCKS-HP supports Dow, limits S&P's loss in choppy trade | 24 May, 2013 |
| US STOCKS SNAPSHOT - Dow, Nasdaq edge up in choppy trading | 24 May, 2013 |
| US STOCKS-Wall St mostly dips, but off lows with help from HP | 24 May, 2013 |
| Worries over end to monetary stimulus hit Europe shares | 24 May, 2013 |
| US STOCKS-Wall St dips as data, HP offset stimulus fears | 24 May, 2013 |
| US STOCKS SNAPSHOT-Wall St pares losses, Dow edges up | 24 May, 2013 |
| Worries over end to monetary stimulus hit Europe shares | 24 May, 2013 |
| UPDATE 1-Ranbaxy slumps after Daiichi Sankyo says was misled | 24 May, 2013 |
| International Market Reports | |
| Nikkei hits fresh 5-1/2-year high on BOJ optimism, Sony soars | 24 May, 2013 |
| Dimon clings to JPMorgan chairman title, after fight | 24 May, 2013 |
| Nikkei edges up to new 5-1/2-yr high as retail investors pick up bargains | 24 May, 2013 |
| Goldman exits China's ICBC, seven years and billions later | 24 May, 2013 |
| Nikkei hits new 5 1/2-year high on real estate, agricultural shares | 24 May, 2013 |
| Tata Comm to delist from NYSE | 24 May, 2013 |
| Emerging market growth expectations hit 7-month low | 24 May, 2013 |
| Buffett devotees stick by him even as growth slows | 24 May, 2013 |
| Credit Suisse says ex-VP stole trade secrets in move to Goldman | 24 May, 2013 |
| U.S. may charge JPMorgan for power market manipulation - analysts | 24 May, 2013 |
| Top Movers | ||
| BSE - May 23, 3:53 PM | A B1 B2 | |
| Company Name | Current |
Change % |
| Britannia Indus | 575.65 |
1.89
|
| Colgate-Palmoli | 1439.85 |
1.86
|
| Garware Polyest | 64.75 |
1.41
|
| Esab India Ltd. | 430.00 |
1.02
|
| Nestle India Lt | 5269.30 |
0.94
|
| Click here for more | ||
| Top Movers | ||
| NSE - May 23, 3:31 PM | ||
| Company Name | Current |
Change % |
| GMR Industries | 52.10 |
177.13
|
| K L G Systel Lt | 11.70 |
58.11
|
| Lumax Automotiv | 19.65 |
45.02
|
| Simbhaoli Sugar | 23.10 |
43.48
|
| Electro Therm ( | 23.90 |
37.75
|
| Click here for more | ||
| Worst Shakers | ||
| BSE - May 23, 3:58 PM | A B1 B2 | |
| Company Name | Current | Change % |
| Crompton Greave | 97.30 |
10.20
|
| Ranbaxy Laborat | 393.15 |
8.80
|
| State Bank of I | 2176.20 |
7.96
|
| Novartis India | 502.80 |
6.77
|
| Larsen & Toubro | 1418.65 |
6.49
|
| Click here for more | ||
| Worst Shakers | ||
| NSE - May 23, 3:52 PM | ||
| Company Name | Current |
Change % |
| Balmer Lawrie & | 388.50 |
43.31
|
| Indian Terrain | 55.00 |
33.33
|
| Wockhardt Ltd. | 1313.80 |
20.00
|
| Khaitan Electri | 68.45 |
18.51
|
| Indo Asian Fuse | 24.10 |
13.93
|
| Click here for more | ||
| Top Volume | ||
| BSE - May 23, 3:52 PM | A B1 B2 | |
| Code | Current |
Volume |
| Jet Airways (In | 584.25 |
25632737
|
| Housing Develop | 50.75 |
7484758
|
| Unitech Ltd. | 25.20 |
7262490
|
| Reliance Commun | 105.95 |
6702345
|
| Hindalco Indust | 108.95 |
6152456
|
| Click here for more | ||
| Top Volume | ||
| NSE - May 23, 3:52 PM | ||
Code |
Current |
Change |
| Unitech Ltd. | 25.20 |
58287168
|
| Jaiprakash Asso | 67.30 |
46042206
|
| Reliance Commun | 105.95 |
28960184
|
| Housing Develop | 50.65 |
28757245
|
| DLF Ltd. | 211.05 |
15595605
|
| Click here for more | ||