61. Shares of semiconductor and chip-making equipment makers fell for a second day on concern weaker demand and lower prices in the American market could erode profit growth. 62. Shares of steelmakers dropped after a government report showed steel production may fall in November, a sign of weaker demand in the industry. 63. Slower CMO production could translate to weaker demand for mortgage passthroughs, Lavan said. 64. Soaring confidence in the U.S., though, helped by a booming jobs market, may help offset some weaker demand from abroad and push consumer prices higher. 65. Some companies are already experiencing weaker demand at home. 66. Singapore posted the largest gain, possibly indicating weaker demand from China, while increases in Rotterdam, Hamburg and Genoa showed slowing consumption in Europe. 67. Stainless steel prices dropped because of weaker demand and lower production as customers chose to deplete their inventories rather than buy new steel, the company added. 68. Stocks around the world have been hit this quarter by currency turmoil and higher interest rates in Southeast Asia, fanning prospects of weaker global demand. 69. StatsCan said the effect of lower exports was compounded by stalled consumer spending on durable goods and weaker demand for credit because of higher interest rates. 70. Technology stocks, especially semiconductor issues like Intel and Texas Instruments, sank after a Merrill Lynch analyst forecast weaker demand and downgraded several companies in the sector. |