Wall Street pulls back

Wall Street pulled back today as wary investors decided to cash in recent gains despite upbeat news on IBM Corp. and Intel Corp.

Wall Street pulls back
Mon, 10 Nov, 2003 - 21:48

Wall Street pulled back today as wary investors decided to cash in recent gains despite upbeat news on IBM Corp. and Intel Corp.

Analysts said many investors were again questioning current stock valuation levels after several weeks of advances. A suicide car bombing in Saudi Arabia that killed 17 people over the weekend also weighed on stocks.

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CourtsHeathrowPlace: Saudi ArabiaPlace: RiyadhPerson: Paul McManusPerson: SaudisPerson: BarronPerson: Subodh KumarPerson: KumarOrganisation: Wall StreetOrganisation: IBM Corp.Organisation: Intel Corp.Organisation: Independence Investment LLCOrganisation: NasdaqOrganisation: Standard & PoorOrganisation: United StatesOrganisation: International Business Machines Corp.Organisation: IntelOrganisation: J.P. Morgan SecuritiesOrganisation: DowOrganisation: S&POrganisation: CIBC World MarketsOrganisation: Tyson Foods Inc.Organisation: R.R. Donnelley & Sons Co.Organisation: Moore Wallace Inc.Organisation: New York Stock Exchange
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