The Dow loses all of an 82-point gain as Wall Street ramps up after Hurricane Sandy. Recovery prospects boost Home Depot and Lowe's. Apple sags on management turmoil. Cirrus Logic's Apple business boosts profits. Oil and gold move up.
Disney will buy Lucasfilm for $4.1 billion. The major exchanges say they can resume normal stock trading on Wednesday. Ford has decent results; GM's earnings are on tap. Apple has a big management shuffle. October may be a loser for investors.
Exchanges won't reopen until Hurricane Sandy makes landfall. Look for a Wednesday reopen. Insurance companies could see $5 billion to $10 billion in losses. Important economic and earnings reports are due, including Friday's jobs report.
But Apple retakes $600 after earnings and guidance disappoint investors. Amazon shares jump despite a quarterly loss. GDP rises at a 2% annual rate, but consumer optimism slips even as Americans spend more. Gasoline prices continue to drop.
Apple shares are briefly halted. Earnings are lower than expected; iPad sales disappoint. Amazon sales also disappoint. Stocks rebound after Fitch Ratings denies it plans a U.S. debt downgrade. Pending home sales slip.
The Dow falls 25 after the central bank says the economy still needs help. Investors cheer Facebook's mobile ad efforts. Boeing and Panera Bread offer bullish outlooks. But Netflix shares are crushed. New-home sales are the strongest in 2 years.
Disappointing results from 3M, DuPont and United Technologies set off broad selling. Downgrades of Spanish regions hit European stocks. Apple falls despite its new iPad. Facebook results cheer; Netflix do not. Oil falls below $87.
The Dow ends up 2 points after briefly falling as many as 108 points. Caterpillar sees the world economy slowing faster than expected. Apple leads tech stocks higher. Freeport-McMoRan Copper & Gold misses Street estimates.
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