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Market recap: Stocks fell sharply across the board following a batch of disappointing earnings...

Market recap: Stocks fell sharply across the board following a batch of disappointing earnings and as commodities resumed their selloff on worries over global growth. Big banks fell as BofA (-4.7%) reported a bottom-line miss. Techs also tumbled after weak results from Intel and Yahoo; Apple, -5.5%, now trades at late-2011 levels. WTI crude slid below $87; gold fell only slightly but copper dropped 4%.
Comments (6)
  • Yay. Another down day.
    17 Apr 2013, 04:47 PM Reply Like
  • Pharma seems to be holding up just fine
    17 Apr 2013, 08:41 PM Reply Like
  • Currency exchange is not matching productivity .We are
    pumping cash into unrealized expectations.
    17 Apr 2013, 08:45 PM Reply Like
  • Stock market is still in uptrend. Earnings so far are not bad. Market will stop bleeding tomorrow and will recover gradually.
    17 Apr 2013, 11:15 PM Reply Like
  • The rally was a suckers rally. This blow-off is the confirmation of that. The only thing that will save it is another round of artificial stimulus by the Fed or by government wallowing in more debt.
    17 Apr 2013, 11:25 PM Reply Like
  • There is some actual volume and velocity .
    18 Apr 2013, 07:27 AM Reply Like
DJIA (DIA) S&P 500 (SPY)