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|    Cocaine Smoker to All    |
|    Obama in Panic. Dow falls more than 100,    |
|    22 Aug 14 00:54:52    |
      XPost: ba.politics, dc.media, soc.penpals       XPost: alt.burningman       From: crackhead@barackobama.com              Stocks tumbled Tuesday as the Dow fell nearly 118 points, ending       the trading day below the 17,000 mark.              It was the second straight session of losses after the major       indexes set record closing highs at the end of last week.              The Dow Jones industrial average lost 0.7% to 16,906.62. The       Standard & Poor's 500 index fell 0.7% to 1963.71 and the Nasdaq       composite index plunged 1.4% to 4391.46.              STOCKS: USA TODAY's live markets blog              Investors turned cautious as they geared up for the start of       second-quarter earnings season with aluminum producer Alcoa       reporting after the market close. The aluminum giant blew past       estimates, sending its stock up in the 2% neighborhood       afterhours.              ALCOA: Kicks off earnings season with bang              Analysts polled by Thomson Reuters forecast profit growth of       6.2% for the Standard & Poor's 500 stock index, up from 5.6%       last quarter. But heading into the week, the number of companies       warning of profit shortfalls outnumbered those predicting upside       earnings surprises by a 4 to 1 ratio, above the long-term       average of 2.6 negative pre-announcements for every positive one.              Oil prices remained below $104 a barrel as the benchmark U.S.       crude for August delivery was up 4 cents to $103.57 a barrel on       the New York Mercantile Exchange.              The yield on the 10-year Treasury note fell to 2.57% from 2.61%       Monday.              Overseas, Asian stock markets were mostly lower as Japan's       Nikkei 225 index slipped 0.4% to 15,314.41 and Hong Kong's Hang       Seng index was basically flat closing at 23,541.38.              European markets tumbled as London's FTSE index fell 1.3% to       6738.45 and Germany's DAX dropped 1.4% to 9772.67.              On Monday, the Dow fell 0.3% to 17,024.21. The S&P 500 fell 0.4%       to 1,977.65. The Nasdaq composite index fell 0.8%, to 4451.53.              http://www.usatoday.com/story/money/markets/2014/07/08/stocks-       tuesday/12351915/                             --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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