Stocks take big hit; year-end optimism vanishes as interest-rate fears send global markets tumbling
Article Abstract:
The possibility of higher interest rates caused stock exchanges throughout the world to plummet. Technology stocks were the hardest hit. The Toronto Stock Exchange plunged 2.51%, the highest decrease since Nov 1999.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
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Profit warnings, downgrades rock technology sector
Article Abstract:
The technology sector saw a 3.23 per cent drop in the Nassdaq Stock Market's composite index. Dire quarterly profit warnings proved disastrous for Entrust Technologies Inc., Computer Associates International Inc., and BMC Software Inc.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
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Tech stocks lead rally on U.S. job figures
Article Abstract:
Prices of North American technology stocks increase dramatically on the assumption that interest rates will be raised conservatively due to a lower than expected rise in United States employment.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
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