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Day Trading News

China yuan central parity rate set at 6.8375 to dollar vs 6.8389 - FXStreet.com

BEIJING (XFN-ASIA) - The central bank has set the yuan central parity rate at 6.8375 to the dollar, according to the China Foreign Exchange Trading System. The rate, published on the official Chinamoney website (www.chinamoney.com.cn), compares with ...

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Bad economic news helps stocks end day worse - MSNBC

NEW YORK - Bleak outlooks from Time Warner, Intel and Alcoa combined with more evidence of rising unemployment helped stocks end trading sharply lower Wednesday. Unlike the panicked swings seen last fall, however, the declines were far more orderly ...

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Intel's miss weighs on Microsoft shares - Columbia Missourian

Shares of Microsoft Corp., the world's largest software maker, sank Wednesday after chip maker Intel Corp. said fourth-quarter sales missed already lowered expectations. Redmond, Wash.-based Microsoft's stock fell 57 cents, or 2.8 percent, to $20.19 ...

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