Dollar Rises; Tech Stocks Weighed Down by Accenture and Blackberry (ACN, BBRY)

[Data as of 3:00 PM] Stocks fluctuated on Friday after what was a significant three day rally on Wall Street. It was reported that consumer confidence remained around a 6-year high for the month of June. The Fed's Jeremy Stein made a statement that the central bank could hypothetically begin a taper as early as September. Accenture (ACN) stumbled after missing estimates for quarterly sales. Blackberry (BBRY) also slumped on a surprising net loss for the quarter ending June 1.
The US dollar gained against the Japanese yen on Friday but headed towards a loss for June.

Word on the Street

Interesting Tidbits

Published on Jun 28, 2013
By InvestorGuide Staff

Copyrighted 2020. Content published with author's permission.

Posted in ...