Investor sentiment is getting behind these stocks that are ready to run.
Archive for February 22nd, 2012
Territorial Bancorp, HEI only local stocks to post gains
U.S. stocks fell Wednesday as some investors fretted over details of Greece’s debt deal reached this week. The day before, the Dow Jones industrial average hit 13,000 for the first time in nearly four years.
CLIMB, INTERRUPTED: Stocks fell for the first time in four trading sessions and one day after the Dow Jones industrial average passed 13,000 for the first time in nearly four years.
Wednesday 21.30 GMT. Stocks struggled to make headway as risk trades were blunted by lacklustre economic activity data in Europe and the US, which raised fears about the outlook for the global economy….
Stocks ended in the red Wednesday in thin trading amid ongoing concerns over the euro zone debt crisis and as investors took a breather following the strong run-up that propelled major averages to multi-year highs.
U.S. stocks closed lower Wednesday, breaking three straight days of gains, as investors backed off from a rally that had sent indexes to multiyear highs, and following economic data that showed business activity contracting in China and Europe.
Major indexes lose ground after recent run-up brings year-to-date gain for the S&P 500 to 8%.
Poor fourth-quarter earnings from Dell (NASDAQ:DELL – News) forced some technology stocks lower on Wednesday.
Among the stock activity stories for Wednesday, Feb. 22, from AP Business News: — Shares of Papa John’s International Inc. fell after the pizza chain reported fourth-quarter revenue and same-store sales that fell short of Wall Street expectations.