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Dow Drops 120 to End '09
 Dow Drops 120 to End '09 
the markets

Dow Drops 120 to End '09

But yearly gains are still biggest since 2003

(Newser) - The markets finished the year on a bearish note, reports MarketWatch . Because jobless claims fell, investors are worried that the Fed will consider it a sign of a strengthening economy and raise interest rates in the new year. Despite the final-day fall, the Dow posted its biggest yearly gain since...

Stocks Close In on Big 2009 Gains

Dow up 61% since the low point in March

(Newser) - Stocks have rebounded mightily since the dark days of March, though analysts warn the dazzling recovery could make for a lackluster 2010, or even auger a double-dip recession or '30s-style yo-yoing markets. The good news first: Barring a disastrous close today, the Dow will be up around 61% since March...

Dow Rises 3 in Light Day
 Dow Rises 3 in Light Day 
the markets

Dow Rises 3 in Light Day

Markets largely flat as investors start closing 2009 books

(Newser) - The markets didn't budge much one way or the other today on light trading, reports MarketWatch . Many traders already have begun closing the books on 2009, notes the Wall Street Journal .
  • The Dow rose 3 points to close at 10,549.
  • The Nasdaq also added 3 to finish at 2,
...

Van Causes Bomb Scare in Times Square
Van Causes Bomb Scare in Times Square

Van Causes Bomb Scare in Times Square

False alarm as cops evacuate NASDAQ over suspicious vehicle

(Newser) - Times Square had a bit of a scare this afternoon, one day ahead of the big ball dropping. Police partially evacuated the NASDAQ building and another high-rise because of a suspicious abandoned vehicle. The NYPD bomb squad investigated the old van, which had no plates, tinted windows, and hadn't been...

Dow Dips 2 Points, Ends 6-Day Streak
 Dow Dips 2 Points, 
 Ends 6-Day Streak 
the markets

Dow Dips 2 Points, Ends 6-Day Streak

Energy and tech stocks bring numbers into the red

(Newser) - Declines in energy and tech stocks kept the Dow from posting a seventh straight day of gains. Those declines tempered earlier good news showing a slowdown in the decline of home prices and a rise in consumer confidence, reports MarketWatch .
  • The Dow dropped 2 points to close at 10,545.
...

Dow Climbs 27 as Year-End Rally Weakens
 Dow Climbs 27 as 
 Year-End Rally Weakens 
MARKETS

Dow Climbs 27 as Year-End Rally Weakens

Mastercard reports better-than-expected holiday sales

(Newser) - Stocks faltered but managed to reclaim most of the day's gains in the final hour of today's session. The day saw light trading volume and news of a bump in retail sales from MasterCard's SpendingPulse unit, the Wall Street Journal reports.
  • The Dow gained 26.98 points to close at
...

Stocks Set to Cap Off Stellar Year
 Stocks Set to 
 Cap Off 
 Stellar Year 
MARKETS

Stocks Set to Cap Off Stellar Year

2009 the best year for the market since 2003

(Newser) - Stocks are expected to rise this week, capping off Wall Street’s best year in recent memory. It’s the first time in two years that stocks have posted annual growth, and for the S&P 500, it could be the best year since 2003. Though the economy is far...

Indexes Hit 2009 Highs; Dow Closes Up 54
 Indexes Hit 2009 Highs; 
 Dow Closes Up 54 
MARKETS

Indexes Hit 2009 Highs; Dow Closes Up 54

Jobless numbers, metals sector spark wide rally

(Newser) - The major stock exchanges hit highs for the year today as traders reacted positively to news that new jobless claims grew less than projected. Health care was the only sector showing broad losses, a reaction to the Senate's passage of the health care bill, the Wall Street Journal reports.
  • The
...

Dow Edges Up 2 Points Despite Housing Data

Rise in commodities prices push markets into positive territory

(Newser) - An afternoon surge in commodities prices helped the markets overcome a worse-than-expected report on sales of new homes, reports MarketWatch .
  • The Dow gained 2 points to close at 10,466.
  • The Nasdaq rose 17 points to 2,270.
  • The S&P 500 rose 3 points to 1,121.

Dow Up 51 on Home Sales
 Dow Up 51 on Home Sales 
MARKETS

Dow Up 51 on Home Sales

Downward GDP revision saps gains

(Newser) - A 7.4% gain in existing home sales for November boosted stocks today, despite a downward revision of third-quarter GDP growth to 2.2%, the Wall Street Journal reports.
  • The Dow gained 51 points to close at 10,465.
  • The Nasdaq added 15 points to settle at 2,253.
  • The
...

Dow Up 85; Alcoa, Intel Rally
 Dow Up 85; Alcoa, Intel Rally 
MARKETS

Dow Up 85; Alcoa, Intel Rally

Mining giants Bucyrus, Terex to merge

(Newser) - Stocks saw broad gains today as analysts upgraded blue chips Alcoa and Intel and big mergers were announced in the mining and health-care sectors, the Wall Street Journal reports.
  • The Dow rose 85.25 points to close at 10,414.14.
  • The Nasdaq added 25.97, ending the session at
...

Dow Up 21; Oracle, RIM Rally
 Dow Up 21; Oracle, RIM Rally 
MARKETS

Dow Up 21; Oracle, RIM Rally

Nasdaq surges on strong earnings

(Newser) - Better-than-expected quarterly earnings reports from Oracle and Research in Motion bolstered the tech sector today, pushing the Nasdaq ahead as the other indices recorded sluggish gains, the Wall Street Journal reports.
  • The Dow added 20.63 points to close at 10,328.89.
  • The Nasdaq rose 31.64, closing at
...

Dow Off 133 on Rate Fears
 Dow Off 133 on Rate Fears 
markets

Dow Off 133 on Rate Fears

Greece downgraded; jobless claims rise

(Newser) - Fear that the Fed might raise interest rates earlier than thought, a credit downgrade for Greece's debt, and a rise in weekly jobless claims sent the markets tumbling today, the Wall Street Journal reports.
  • The Dow fell 133 points to close at 10,308.
  • The Nasdaq lost 27 points, closing
...

Dow Off 11 on Fed News
 Dow Off 11 on Fed News 
MARKETS

Dow Off 11 on Fed News

Central bank is keeping rates low

(Newser) - Stocks closed mixed after the Fed announced it would keep interest rates low for an "extended period," disappointing investors who had hoped for a more optimistic outlook from the central bank, the Wall Street Journal reports.
  • The Dow fell 11 points to close at 10,441.
  • The Nasdaq
...

Dow Falls 48 on Credit Data
 Dow Falls 48 on Credit Data 
MARKETS

Dow Falls 48 on Credit Data

Charge-offs rise, NY manufacturing index falls

(Newser) - Stocks fell late in the day on depressed manufacturing activity and the news of a bump in credit card charge-offs last month, the Wall Street Journal reports.
  • The Dow dropped 49 points to close at 10,452.
  • The Nasdaq lost 11 points, closing at 2,201.
  • The S&P 500
...

Dow Up 30 on Dubai Rescue
 Dow Up 30 on Dubai Rescue 
MARKETS

Dow Up 30 on Dubai Rescue

Exxon down 4.7% after XTO Energy acquisition

(Newser) - Stocks posted solid gains off the news that Abu Dhabi had given Dubai $10 billion to head off its credit woes, soothing worries of a sovereign default, the Wall Street Journal reports.
  • The Dow rose 29.55 points to close at 10,501.05.
  • The Nasdaq gained 21.79, closing
...

Dow Up 66 as Consumer Optimism Lifts Stocks

Retail sales beat expectations in November

(Newser) - Stocks ended today's session mixed, with the Dow posting solid gains. Alcoa saw a. 8% jump on an optimistic profit estimate by JPMorgan, and the University of Michigan/Reuters December consumer sentiment index beat expectations, the Wall Street Journal reports.
  • The Dow rose 65.67 points to close at 10,471.
...

Dow Up 69 After Jobs Data
 Dow Up 69 After Jobs Data 
MARKETS

Dow Up 69 After Jobs Data

Oil hits $70.47, a 2-month low

(Newser) - Stocks posted solid gains today following a weekly jobs report that showed a boost in initial unemployment filings but a fall in the number of claims lasting longer than 1 week, the Wall Street Journal reports.
  • The Dow rose 68.78 points to close at 10,405.83.
  • The Nasdaq
...

Dow Rises 51 on 3M News
 Dow Rises 51 on 3M News 
MARKETS

Dow Rises 51 on 3M News

Street swings back from losses

(Newser) - Stocks posted solid gains today, swinging back from earlier losses as worries over sovereign credit faded and 3M gave the Dow a boost after being upgraded to "buy" by Citigroup, the Wall Street Journal reports.
  • The Dow gained 51 points to close at 10,337.
  • The Nasdaq added 11
...

Dow Falls 104 on Dubai Fears
 Dow Falls 104 on Dubai Fears 
markets

Dow Falls 104 on Dubai Fears

Global financial worries trump FedEx's optimistic outlook

(Newser) - Stocks fell hard today after prominent credit-rating agencies downgraded the sovereign debt of Dubai and Greece, stoking fears of national defaults, the Wall Street Journal reports.
  • The Dow fell 104 points to close at 10,286.
  • The Nasdaq lost 17 points to settle at 2,173.
  • The S&P 500
...

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