Thursday, April 11, 2013

Retailers lead stocks up; Sagging sales hit tech

http://finance.yahoo.com/news/retailers-lead-stocks-sagging-sales-163347361.html

The stock market has risen a great deal in the past couple months. Retail drugstores like Rite Aid have been showing higher profits than expected. Their record breaking sales in generic drugs and their low costs have been a factor to their achievement. Although sales for many different companies have been climb, the same can't be said about the makers of computer hardware and software. We have seen a recent drop in companies such as Hewlett-Packard with a drop of 6 percent, Microsoft with a 5 percent drop and intel with a drop of 2 percent. If it wasn't for the drop in these markets, the Dow wouldn't have drop 28 points.

1 comment:

  1. I wonder till when this rise will continue. All that goes up eventually ends comes down, and I wonder how hard this falls.

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