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November 18, 2012

Global Markets Overview -- 19 November 2012

By Sheila Samples

Stocks posted their biggest daily gain Friday since the U.S. presidential election, after lawmakers said budget talks with the White House were "constructive." The Dow Jones Industrial Average rose 45.93 points, or 0.4%, to 12588.31, reversing a morning slide of as much as 71 points. In corporate news, Dell tumbled 7.3% after reporting late Thursday that its quarterly earnings were nearly halved. Fellow PC maker Hewlett-Packard dropped 1.8%. Gap ...

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Stocks posted their biggest daily gain Friday since the U.S. presidential election, after lawmakers said budget talks with the White House were "constructive." The Dow Jones Industrial Average rose 45.93 points, or 0.4%, to 12588.31, reversing a morning slide of as much as 71 points. In corporate news, Dell tumbled 7.3% after reporting late Thursday that its quarterly earnings were nearly halved. Fellow PC maker Hewlett-Packard dropped 1.8%. Gap rose 1% after the retailer raised its earnings forecast for the year.

Authors Website: http://sheilastuff.blogspot.com

Authors Bio:

Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.


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