Independent voices from the TWT Communities
NEW YORK — Stocks fluctuated but showed some signs of stability today as Wall Street, still anxious that a credit crunch will crimp U.S. growth, struggled to recoup some of last week's steep losses.
NEW YORK — Stocks fluctuated but showed some signs of stability today as Wall Street, still anxious that a credit crunch will crimp U.S. growth, struggled to recoup some of last week's steep losses.
"Businesses are spending in the technology sector to improve productivity," said Kim Caughey, equity research analyst at Fort Pitt Capital Group. "But in the business-supply area, they might not buy quite as many paper clips."
"Businesses are spending in the technology sector to improve productivity," said Kim Caughey, equity research analyst at Fort Pitt Capital Group, "but in the business-supply area, they might not buy quite as many paper clips."
