Had After dropping more than 17 % from early July to early August, the S & P 500 was up 9 % heading in Tuesday session, so that investors are reluctant to place large bets on the day before the August employment report, is expected to show an increase of 75,000 jobs. The Dow Jones Industrial Average DJI fell 119.96 points, or.03 % to 11.57 , the Standard & Poor’s 500 Index SPX dropped 14, Bank of America Corp.
Wall Street four-day rally to a halt on Thursday with major indexes falling 1 % on caution ahead of an important labor market report expected fears economic stress is heading into recession.
Ciena Corp. (CIEN. A communications equipment maker, jumped by 20 % to 14., $ 71 after publication of a profit for the first time in three years, Cisco Systems Inc (CSCO. The network -equipment maker, gained 1 % to $ 15.82, leading the Dow. Continue reading