Posts Tagged ‘Pulls’

Cisco Fall Pulls Wall Street Down

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – U.S. stocks plunged on Thursday as shares of networking giant Cisco Systems tumbled following its announcement the previous day of lower than expected growth for the year. A 16 percent drop in Cisco shares saw the Dow Jones Industrial Average losing […]

Wall Street Pulls Back As Troubled Bank’s Downgrade Weakens Financial Stocks

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – The specter of European sovereign debt returned to Wall Street as Moody’s downgrade of troubled Anglo Irish Bank hit financial stocks and sent the benchmarks falling. The Dow Jones Industrial Average lost 48 points or 0.4 percent to close at 10,812. […]