Welcome to The Daily Stock Report...brought to you by QualityStocks.net, where performance is tracked daily. I'm Vanessa Ramirez, and for Wednesday, October 17th we're bringing you the latest news from around the markets ... Today's headline news are brought to you by ACME Sports & Entertainment, Inc. (ASEN.PK) ACME Sports & Entertainment, Inc. is focused on providing training, management, and promotional skills to boxers; in addition to using its exclusive rights to sell Rockit! MP3 and MP4 handheld media players throughout North America. Lets get in to the Headline news of Tuesday... Wall Street sank for a second straight session after Federal Reserve Chairman Ben Bernanke said the slumping housing market remains a "significant drag" on the economy. Bernanke's speech elevated concerns that the summer's credit tightness might persist into the winter. Crude oil prices spiked to another record above per barrel, and a National Association of Home Builders' index, fell for the eighth consecutive month to the lowest point since January 1985. The technology-dominated Nasdaq could get a boost, though, today: Intel Corp. and Yahoo Inc. posted better-than-expected third-quarter results after the bell Tuesday, and their stocks gained sharply in after-market trading. The markets open this morning with... The Dow down, 71.86 or point 51% The Nasdaq down, 16.14 or point 58% And the S&P 500 down 10.18 or point 66% And now for a look at the Small Cap news Quality Stocks is tracking ...
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