US stocks fall

A stronger-than-expected forecast from Compaq Computer failed to incite buying on Wall Street today as investors, playing it cautious, decided to collect some of their profits from last week’s rally.

Tue, 08 Jan, 2002 - 08:58

A stronger-than-expected forecast from Compaq Computer failed to incite buying on Wall Street today as investors, playing it cautious, decided to collect some of their profits from last week’s rally.

The market drifted lower in quiet selling that analysts said wasn’t surprising given stocks’ recent gains.

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CourtsHeathrowPlace: USPlace: Wall StreetPerson: Ralph AcamporaPerson: Matt BrownEvent: September 11Organisation: Compaq ComputerOrganisation: Prudential SecuritiesOrganisation: Standard & PoorOrganisation: NasdaqOrganisation: CompaqOrganisation: VictoryOrganisation: MicrosoftOrganisation: GatewayOrganisation: General ElectricOrganisation: BoeingOrganisation: Circuit CityOrganisation: Wilmington TrustOrganisation: New York Stock Exchange
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