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Friday, August 29th 2008

Stocks tumble as Dell warns on tech spending (Reuters) (2:45 PM)

Traders work on the floor of the New York Stock Exchange March 17, 2008. (Brendan McDermid/Reuters)Reuters - U.S. stocks tumbled on Friday, led lower by tech shares after computer maker Dell warned that companies worldwide are cutting back on technology spending.


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Stocks end lower on personal income data (AP) (2:30 PM)

Traders work on the floor of the New York Stock Exchange March 17, 2008. (Brendan McDermid/Reuters)AP - Stocks have ended the day sharply lower after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowed.


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Stocks fall on personal income data, Dell report (AP) (12:45 PM)

Traders work on the floor of the New York Stock Exchange March 17, 2008. (Brendan McDermid/Reuters)AP - Stocks tumbled Friday after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowed. The Dow Jones industrial average fell more than 100 points, while a disappointing profit report from computer maker Dell Inc. weighed on the technology-heavy Nasdaq composite index.


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