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Dow Up 56 on Bernanke, Retail
 Dow Up 56 on Bernanke, Retail 
MARKETS
Sep 15, 2009 3:22 PM CDT

Dow Up 56 on Bernanke, Retail

'Clunkers' boosts sales, NY manufacturing up

(Newser) - Stocks posted solid advances after Ben Bernanke said it was “very likely” that the recession is over, the Wall Street Journal reports. Economic reports showed retail sales gaining 2.7% last month, largely because of the “Cash for Clunkers” program, while the Fed’s index of NY manufacturing...

Dow Gains 21 as Industrial, Utility Sectors Rise

Signs of life in M&A spur late advances

(Newser) - Stocks swung to gains late in the session today, with industrial stocks and utilities pacing advances, the Wall Street Journal reports. Reports of the Chinese government acquiring power-plant developer AES boosted the S&P 500. AES gained 4.5%, and General Electric climbed 4.6%. The Dow rose 21.39...

Dow Down 22; Stocks Gain for Week
 Dow Down 22; 
 Stocks Gain for Week 
MARKETS
Sep 11, 2009 3:25 PM CDT

Dow Down 22; Stocks Gain for Week

Crude oil tumbles $2.65

(Newser) - Stocks pulled back today after hitting their 2009 peaks in yesterday's session, the Wall Street Journal reports. Despite modest declines, transportation stocks—considered the first to benefit in a recovery—remained strong, with FedEx up 6.43%. Crude tumbled $2.65 to $69.20 a barrel. The Dow lost 22....

Dow Climbs 80 as Stocks Hit 2009 Highs
 Dow Climbs 80 as 
 Stocks Hit 2009 Highs 
MARKETS
Sep 10, 2009 3:11 PM CDT

Dow Climbs 80 as Stocks Hit 2009 Highs

September correction has yet to strike

(Newser) - Stock indices hit highs for 2009 today, alleviating fears that September would bring a major correction after the summer's rally, the Wall Street Journal reports. Energy stocks led the S&P 500, while the Dow Jones Transportation Average—considered a general indicator of national economic sentiment—rose 2.35%. Procter...

Dow Up 50 Despite Soft Spending Data

Beige book shows progress in manufacturing, continuing slump in retail

(Newser) - Stocks posted gains today slightly off session highs as the Fed’s beige book raised concerns about consumer spending, the Wall Street Journal reports. The Fed’s report signaled improvement in manufacturing across the country, but it said retail sales remained flat, even with the boost from “Cash for...

Dow Up 56 on Oil, Gold
 Dow Up 56 on Oil, Gold 
MARKETS
Sep 8, 2009 3:21 PM CDT

Dow Up 56 on Oil, Gold

Energy firms rise as oil adds $3.08

(Newser) - Stocks posted solid gains today as commodity prices rose, the Wall Street Journal reports. Oil jumped $3.08 to $71.28 a barrel and gold crossed the $1,000-an-ounce mark. Commodity-producing stocks Exxon, Chevron, and Alcoa all saw gains as a result. The Dow added 56 points to close at...

Dow Up 97 on Aug. Jobs Data
 Dow Up 97 on Aug. Jobs Data 
MARKETS
Sep 4, 2009 3:26 PM CDT

Dow Up 97 on Aug. Jobs Data

Indices post declines for the week

(Newser) - Traders focused on positive aspects of today's August unemployment report—declining job losses—rather than the upward revision in total jobless numbers, sending stocks higher, the Wall Street Journal reports. General Electric led advancing stocks on the Dow with a 3.35% gain. The Dow rose 96.66 points to...

Dow Climbs 64 as Investors Await Jobs Report

Fear of Sept. stock pullback drives gold to 6-month high

(Newser) - Stocks jumped today on the strength of blue-chip financials after mostly idling. Volume was low as investors waited for the government’s monthly employment report, due tomorrow, the Wall Street Journal reports. AIG and Citigroup rose, while safe-haven buying pushed gold to almost to $1,000 an ounce, a level...

Dow Slips 30 on Jobs Data
 Dow Slips 30 on Jobs Data 
MARKETS
Sep 2, 2009 3:23 PM CDT

Dow Slips 30 on Jobs Data

Rise in materials stocks offsets jobs news

(Newser) - Stocks closed with modest losses today as advances in materials stocks helped offset disappointing data on jobs, the Wall Street Journal reports. The private sector shed 298,000 jobs in August, more than forecast. The materials sector of the S&P 500, however, advanced as gold futures hit a 3-month...

Dow Plunges 186, Biggest Fall in 2 Months

Financials lead broad selloff

(Newser) - Financials led stocks in a steep sell-off today that saw the Dow’s biggest decline in 2 months, the Wall Street Journal reports. AIG fell 20.9% on an analyst’s report that without government support, it would be worth a negative $6.4 billion. Fannie Mae, Freddie Mac, Citigroup,...

US Stocks Track Chinese Selloff; Dow Down 48

Shanghai Comp. loses 6.7% in one session

(Newser) - A staggering 6.7% selloff in the Shanghai Composite spooked US stocks, which stayed low throughout today's session, the Wall Street Journal reports. Analysts note that it’s the second time in 3 weeks US markets have fallen in response to a drop in China—a reverse of the usual...

Dow Drops 36 as Consumer Data Saps Stocks

Intel, Dell see gains

(Newser) - Stocks mostly fell today despite good news from the tech sector, the Wall Street Journal reports. The Reuters/University of Michigan index of consumer confidence fell in August, dragging the markets down. Intel rose 4.32% after raising its third-quarter profit forecast, while Dell gained 1.89% on second-quarter earnings that...

Dow Climbs 37 on Day 8 of Streak
 Dow Climbs 37 
 on Day 8 of Streak 
MARKETS
Aug 27, 2009 3:19 PM CDT

Dow Climbs 37 on Day 8 of Streak

Eight-day winning stretch is first in 28 months

(Newser) - Stocks closed up today as the Dow continued its modest winning streak for an eighth day—the longest period of gains in 28 months—though trading volume remained light, the Wall Street Journal reports. An auction of 7-year Treasury notes saw decent demand. AIG shares rose 28.8% on reports...

Dow Up 4 Despite Strong Housing Data
 Dow Up 4 Despite 
 Strong Housing Data 
MARKETS
Aug 26, 2009 3:33 PM CDT

Dow Up 4 Despite Strong Housing Data

Gains in durable goods mostly due to defense, aircraft orders

(Newser) - Stocks barely eked out gains today, as positive reports on housing and durable goods orders failed to excite investors, the Wall Street Journal reports. New-home sales rose 9.6% in July, beating expectations, while inventories dropped to the lowest level since April 2007. The Dow closed up 4 points at...

Dow Up 30 After Rosy Data
 Dow Up 30 After Rosy Data 
MARKETS
Aug 25, 2009 3:21 PM CDT

Dow Up 30 After Rosy Data

(Newser) - Stocks closed with modest advances on strong economic data and a drop in oil prices, the Wall Street Journal reports. Advances in second-quarter home prices and a boost in July consumer confidence propelled stock indices to new 2009 highs shortly after the open, but oil’s $2.32 drop moderated...

Dow Up 3 as Stocks Stall Ahead of Reports

Investors await consumer confidence, housing, GDP data

(Newser) - Stocks closed near to opening levels today, with the Dow just barely extending its winning streak into a fifth session, the Wall Street Journal reports. All the indices hit new highs for 2009 early, boosted by housing data, investors pulled back ahead of looming reports on consumer confidence, new home...

Dow Climbs 156; Stocks Hit Highs
 Dow Climbs 156; 
 Stocks Hit Highs 
MARKETS
Aug 21, 2009 3:21 PM CDT

Dow Climbs 156; Stocks Hit Highs

Jump in existing-home sales spurs rally

(Newser) - Stocks rallied today off of strong housing data, propelling all three major indices to their highest levels of the year, the Wall Street Journal reports. Sales of existing homes rose 7.2% in July, the National Association of Realtors said, beating analysts’ expectations by a generous margin. The Dow rose...

Data Boosts Stocks, Dow Up 71
 Data Boosts Stocks, Dow Up 71 
Aug 20, 2009 3:30 PM CDT

Data Boosts Stocks, Dow Up 71

Fed reports an increase in business activity

(Newser) - Stocks advanced today on positive economic news from the Philadelphia branch of the Fed, the Wall Street Journal reports, which said that its index of business activity registered a 4.2 in August, up from a negative 7.5 in July. Investors were specifically encouraged by a rise in the...

Dow Up 61 After Shaky Day
 Dow Up 61 After Shaky Day 
MARKETS
Aug 19, 2009 3:10 PM CDT

Dow Up 61 After Shaky Day

(Newser) - Markets ended higher today after a dismal start, buoyed by an ascendant energy sector, the Wall Street Journal reports. The seesaw comes as no surprise to one strategist: “This market is highly vulnerable to get pushed around right now. That’s a factor of light volume.” The Dow,...

Retail Gains Drive Dow Up 83
 Retail Gains Drive Dow Up 83 
MARKETS
Aug 18, 2009 3:15 PM CDT

Retail Gains Drive Dow Up 83

Signs of life from the consumer help stocks rebound

(Newser) - Positive retail reports helped get stocks back on track today after recent declines, the Wall Street Journal reports. Home Depot, Target, and Saks saw smaller-than-expected declines in quarterly profit, while discount chain TJX reported a 31% gain. The Dow rose 82.60 to close at 9,217.94. The Nasdaq...

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