Sign In  |  Register  |  About Burlingame  |  Contact Us

Burlingame, CA
September 01, 2020 10:18am
7-Day Forecast | Traffic
  • Search Hotels in Burlingame

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Greece May Exit Euro Zone, Markets Drop

Despite a greater than expected increase in consumer sentiment, the markets closed lower with the Dow dropping 74 points to 12,454 over fears that Greece may exit the euro zone. Nasdaq slipped a point to 2837.

On the upside

Frontline (Nasdaq: FRO) swung to a better than expected profit for the first quarter.

Bollinger Report selected Career Education (Nasdaq: CECO) as a high momentum stock among the service industry.

Axcelis Technologies (Nasdaq: ACLS) affirmed its second quarter outlook.

On the downside

TheStreet Ratings downgraded Maxwell Technologies (Nasdaq: MXWL) to a Sell rating.

LDK Solar (NYSE: LDK) chief executive Peng Xiaofeng said that U. S. tariffs on Chinese solar imports would be challenging.

  

HSBC lowered its price target on Suntech Power Holdings (NYSE: STP).

In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE while advancers barely edged out decliners by a slim margin on Nasdaq. The Russell 2000 which tracks small cap stocks eased a fraction to 766.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 Burlingame.com & California Media Partners, LLC. All rights reserved.