U.S. Stocks dropped down harshly for second straight day, after the Federal Reserve’s policy-making committee enumerated it plans to stay patient and watch the data as it settles on when to elevate interest rates.
The Dow Jones Industrial Average (DJI) cut down 0.3% to 17,382. Boeing Co (BA) was the top gainer, while Chevron (CVX) and Exxon Mobil Corp (XOM) were the laggards. The NASDAQ composite dipped 43.50 points, or 0.9 percent, to 4,637.99.
The S&P 500 (SPX) was losing 0.1% to 2,023, as big gains in the tech sector were redeemed by even larger losses in energy stocks, as descending oil prices hit that sector.
The 10 sectors in the index chopped down Wednesday, with energy stocks diminishing the most. Among the biggest decliners were several oil and gas exploration companies, in addition to drilling services and equipment providers.
On Wednesday, Tech sector companies declined the most.
In tech sector, FireEye, Inc. (NASDAQ:FEYE), declined -5.28%, during its last trade, soon after the leader in stopping today’s advanced cyber attacks, and Viewfinity (www.viewfinity.com), the leading provider of next-generation application control and privilege administration solutions, recently declared an integration of Viewfinitiy’s advanced endpoint protection solution with both the FireEye® Threat Analytics Platform™ (TAP™), a cloud-based security analytics platform, and the FireEye AX series, a group of forensic analysis platforms. The joint integration is designed to correlate suspect access to applications and endpoints with network-based indicators of compromise to detect attacks on a network exploiting excess privilege rights and offer in-depth forensic information to accelerate incident response and remediation. Viewfinity will reveal how the two solutions work together at the FireEye Momentum 2015 sales and partner conference.
FireEye, Inc. (NASDAQ:FEYE), has invented a purpose-built, virtual machine-based security platform that offers real-time threat protection to enterprises and governments worldwide against the next generation of cyber attacks.
Microsoft Corporation, (NASDAQ:MSFT), plunged -3.45% to settle at $41.19, during its last trading session, as the worldwide leader in software, recently declared that fiscal year 2015 second-quarter financial results are accessible on its investor relations website.
The direct link to the earnings press release is: http://www.microsoft.com/investor/EarningsAndFinancials/Earnings/PressReleaseAndWebcast/FY15/Q2/default.aspx.
Microsoft Corporation, (NASDAQ:MSFT), is the worldwide leader in software, services, devices and solutions that assist people and businesses realize their full potential.
EMC Corporation (NYSE:EMC), dipped - 2.96% to $26.60, following the news that due to what is widely predictable to be a major winter storm across the Northeast, which will influence business and travel safety throughout the region, EMC Corporation (EMC) has moved the date it will publish fourth-quarter and full-year 2014 financial results by one day from January 28, 2015 to January 29, 2015 at about 7:00 a.m. ET. EMC will also issue an advisory news release on January 29, 2015 declaring accessibility of the results via the EMC Investor Relations (http://www.emc.com/ir) and the U.S. Securities and Exchange Commission (http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000790070&owner=exclude&count=40) websites.
EMC will hold a conference call for investors at 8:30 a.m. ET on January 29 to review the fourth-quarter and full-year 2014 financial results. A live webcast of that call will be accessible on the EMC Investor Relations website.
EMC Corporation (NYSE:EMC), is a global leader in enabling businesses and service offerrs to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing.
Xerox Corporation, (NYSE:XRX), dwindled -2.43% to close at $13.24, during its last trade, as a global business services, technology and document administration company, will host a live audio webcast with online presentation slides on January 30 to review its 2014 fourth-quarter results and full-year results, which will be declared that day at 7 a.m. ET, and talk about guidance for forthcoming quarters.
Xerox Corporation, (NYSE:XRX), is a global business services, technology and document administration company assisting organizations transform the way they manage their business processes and information.
