U.S. stocks attempt rebound

11:41 am ET Mar 5, 2007

DJIA

12,145

+31.08

S&P

1,385

-1.39

NASDAQ

2,364

-3.76

10Yr

4.51%

-0.004

U.S. stocks attempt rebound

NEW YORK

U.S. stocks attempted a fragile rebound in volatile trade on Monday,
with investors putting money again in the battered technology sector,
even as the broad market remained under pressure amid fresh jitters in
global markets overnight and concerns in the distressed subprime
mortgage market.

No. 2 chipmaker AMD says won't meet quarterly revenue goal

NEW YORK
Advanced Micro Devices Inc. took another hit Monday in its ongoing
battle with Intel Corp., warning that it's unlikely to meet its revenue
outlook for the first quarter.

Global markets tumble anew as yen extends rally

NEW YORK
Global markets tumbled anew Monday on concerns about the unwinding of
the yen carry trade as the Japanese currency extended its rally against
major rivals, sending Asian stock markets down sharply.

The Ratings Game: New Century said to be facing bankruptcy, possible
liquidation

NEW YORK
Several analysts agreed Monday that New Century Financial Corp., one of
the nation's largest subprime mortgage lenders, likely faces liquidation
or bankruptcy following revelations that it's under criminal
investigation and in violation of debt covenants with several lenders.