Wall Street; Investors Overcome Earnings Anxiety
Telegraph - Herald (Dubuque) › July 12, 2006
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Summary
NEW YORK (AP) - Stocks recouped earlier losses to end modestly higher Tuesday as investors set aside nervousness over an uneasy start to the second-quarter earnings season, marked by weak results from Alcoa Inc. and a sales warning at Lucent Technologies Inc.
With no economic data scheduled, the market focused on the impact of higher interest rates and energy costs on corporate profits. Early disappointments from Alcoa and Lucent dragged the major indexes sharply lower before they rebounded late in the session.See the full content of this document
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Wall Street; Investors Overcome Earnings Anxiety
Many on Wall Street...
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