Stocks
Stocks in U.S. Decline, Breaking Eight-Day Winning Streak for Dow Average U.S. stocks declined, ending an
eight-day winning streak for the Dow Jones Industrial Average,
as India’s unexpected interest rate boost spurred speculation
withdrawals of economic stimulus will curtail global growth.
S&P 500 in `Air Pocket' That May Drive Index to 1,225: Technical Analysis The Standard & Poor’s 500 index has
entered an “air pocket” of little resistance as it pushed to a
17-month high, according to analysts at Instinet, who say the
benchmark could extend its rally.
Health Stocks May Stage Rally on Overhaul Passage, BlackRock's Doll Says U.S. health-care stocks are poised
to rally if the industry overhaul being considered by Congress
becomes law because it removes uncertainty and expands coverage,
BlackRock Inc.’s Bob Doll said.
Cooper Tire & Rubber, Ensco International, Medtronic: U.S. Equity Preview Shares of the following companies
may have unusual moves in U.S. trading on March 22. Stock
symbols are in parentheses.
Bovespa Stock Index Retreats on Commodities Decline, Interest Rate Outlook Brazil’s Bovespa stock index fell
the most in three weeks, led by oil and metals producers, as
commodities prices slumped and investors speculated consumer
demand and record low interest rates will spur inflation.
Canada Stocks Fall as Commodity Producers Decline on Greece Debt Concerns Canadian stocks fell for a second
day, completing their first weekly loss this month, as energy
producers declined with commodity prices after European leaders
clashed over how to address the Greek debt crisis.
Indian ADRs Fall Most in Six Weeks After Unexpected Interest-Rate Increase Indian companies’ American
depositary receipts fell the most in six weeks after the
nation’s central bank unexpectedly raised interest rates for the
first time since July 2008.
Strategists See S&P 500 Ending 2010 at 1,243, With $76.82/Share in Profits The table presents estimates from
strategists at brokerages for where the Standard & Poor’s 500
Index will finish 2010 and how much profit companies in the
benchmark measure of U.S. stocks will generate.
European Stocks Decline as India Raises Rates; Miners Drop, Lloyds Gains European stocks declined after
India’s central bank unexpectedly lifted interest rates,
increasing speculation that withdrawal of economic stimulus
measures may hamper global growth.
Greek Debt Woes See Europe Equity Funds Post Biggest Outflows Since 2009 European equity funds posted net
outflows of $1.06 billion in the week to March 17, the biggest
net withdrawal since May 2009, amid concerns about Greece’s debt
crisis, EPFR Global said today in a statement.
FTSE 100 Benchmark Index Extends 20-Month High; Lloyds Bank Shares Soar The U.K.’s FTSE 100 Index advanced,
extending a 20-month high after shares of Lloyds Banking Group
Plc soared, offsetting an unexpected interest rate rise in
India.
German Stocks Drop for Second Day, Trim Weekly Gain; ThyssenKrupp Falls German stocks fell for a second
day, with the benchmark DAX trimming its third straight weekly
gain, as K+S AG and steelmakers retreated.
Asian Stocks Gain for Fourth Week on Fed Rates Pledge, More BOJ Lending Asian stocks rose for a fourth week
after the U.S. Federal Reserve pledged to keep borrowing costs
near zero for an “extended period” and as the Bank of Japan
expanded a bank-loan program.