We started off with a bang yesterday, so it's not surprising that there would be a pullback. Plus, you had Home Depot's pre-announcement. |
We're also still getting support from the low interest rates. While Treasury yields are not as low today as they've been, they are still historically at a substantial low, and that lends support to equities. |
WorldCom (WCOME) selling off is no surprise, but it's certainly adding to the sentiment, and the drug companies are having problems as well, |
Yesterday was a fairly solid day, today we had a fair amount of economic news -- and as far as the market is concerned it's good news and bad news. |
Yesterday, it felt like the whole world was changing, but today we're seeing that we're still going to have to deal with all the same things as before. The Bush administration is expected to announce an economic stimulus package next week, and that may buoy the markets. But there's still tremendous uncertainty on the international front and until that's settled, stocks are probably gonna tread water. |
You have a number of issues, not the least of which is the upcoming [Fourth of July] holiday. |
You're seeing some spillover weakness in Sun and the telecoms continue to waffle, ... There's still uncertainty about tech leadership. |
You're seeing some spillover weakness in Sun and the telecoms continue to waffle. There's still uncertainty about tech leadership. |
You've clearly got some selling on the news, ... Microsoft wasn't bad at all, but it wasn't as bullish as some people were hoping. |
You've clearly got some selling on the news. Microsoft wasn't bad at all, but it wasn't as bullish as some people were hoping. |