NASDAQ – News Stories About NASDAQ - Page 26

MARKETS

Apr 2, 2009 3:14 PM CDT

Dow Up 216, Flirts With 8,000

Financial sector celebrates relaxation of mark-to-market accounting rules

(Newser) - Stocks rallied today to a strong finish as global action to combat the financial crisis boosted confidence, the Wall Street Journal reports. The European Central Bank cut interest rates, and G20 tripled the lending budget of the International Monetary Fund to $750 billion. After going above 8,000, the Dow...

Dow Up 270 on G20 Hopes

MARKET Update

Apr 2, 2009 8:55 AM CDT

Dow Up 270 on G20 Hopes

(Newser) - Stocks shot higher this morning, as the G20 conference and a European Central Bank interest rate cut spurred optimism. The Dow was recently up 271 points, while the S&P and Nasdaq have each climbed more than 3.5%. Financials got a boost, as investors bet on a relaxing of...

Dow Up 153 in Strong Q2 Start

MARKETS

Apr 1, 2009 3:27 PM CDT

Dow Up 153 in Strong Q2 Start

Improved manufacturing report lifts indices

(Newser) - Stocks kicked the second quarter off strong today as good manufacturing news lifted confidence, the Wall Street Journal reports. Stocks initially fell after a worse-than-expected jobs report, but rose after an index had March manufacturing as better than February’s, though still signaling contraction. The Dow rose 152.68 to...

Stocks Dive on Jobs Report

MARKET Open

Apr 1, 2009 8:42 AM CDT

Stocks Dive on Jobs Report

(Newser) - A worse-than-expected jobs report sent stocks tumbling at the open today. The Dow careened down 125 points, while the S&P and Nasdaq sunk 1.8% and 1.9%, respectively. The private sector lost 742,000 jobs in March, according to a new ADP report. Investors were also nervous about...

Dow Up 87; Gains for March

MARKETS

Mar 31, 2009 3:20 PM CDT

Dow Up 87; Gains for March

Markets may be leveling out, though gains are fragile

(Newser) - Stocks posted gains today as the first quarter came to a close, the Wall Street Journal reports. While the April earnings season and the results of the Treasury’s stress tests threaten to shatter equities’ recent gains, signs of economic stabilization made March a relatively good month. The Dow rose...

Stocks Rebound
on Q1's Last Day

Market Open

Mar 31, 2009 8:45 AM CDT

Stocks Rebound on Q1's Last Day

(Newser) - Stocks tried to end the quarter on a positive note this morning, taking back some of what they lost in yesterday’s sell-off. The Dow added 75 points, while the Nasdaq and S&P were up 1% and 1.4% respectively. GM wasn’t in on the rally though; its...

GM Plummets; Dow Down 254

MARKETS

Mar 30, 2009 3:22 PM CDT

GM Plummets; Dow Down 254

Materials, banks see broad declines

(Newser) - Carmakers led stocks down today, after GM and Chrysler' reconstruction plans were rejected by the Obama administration, the Wall Street Journal reports. GM closed down 25%; parts and materials makers like Goodyear and Alcoa were also sharply lower, as were financials on continued uncertainty in that sector. The Dow fell...

Dow Drops Nearly 300
on Auto Bailout News

MARKET update

Mar 30, 2009 8:46 AM CDT

Dow Drops Nearly 300 on Auto Bailout News

(Newser) - Stocks hit the brakes hard this morning, after the Obama administration’s auto task force panned GM and Chrysler’s proposed reconstruction plans. The Dow was down 298 points by late morning, while the S&P and Nasdaq had tumbled 59 and 31 points respectively. GM plummeted 25%, falling below...

Dow Down 148, Up for Week

MARKETS

Mar 27, 2009 3:22 PM CDT

Dow Down 148, Up for Week

Indices manage to hold on to weekly gains despite Friday dip

(Newser) - Stocks fell today, though not enough to offset broad-based weekly gains, the Wall Street Journal reports. Financials dropped, in part due to comments by JP Morgan Chase CEO James Dimon, who said the bank had more trouble in March than in the first 2 months of the year. JP Morgan...

Stocks Pull Back

MARKET open

Mar 27, 2009 8:49 AM CDT

Stocks Pull Back

(Newser) - Stocks gave back much of yesterday’s gains at the open, with the Dow tumbling 125 points, while the S&P and Nasdaq lost 1.8% and 1.7%, the Wall Street Journal reports. Investors are focusing on today’s meeting between banking executives and President Obama, sending bank shares...

Tech Stocks Rally; Dow Up 175

MARKETS

Mar 26, 2009 3:16 PM CDT

Tech Stocks Rally; Dow Up 175

Stronger demand for 7-year Treasury debt

(Newser) - Stocks rallied today, led by advances in the tech sector, the Wall Street Journal reports. Intel and Hewlett-Packard jumped after Best Buy posted a 12% sales increase. Investors were also reassured by strong demand for 7-year Treasury debt, after weak results in yesterday’s 5-year auction. The Dow closed up...

Stocks Keep Rally Going

MARKET Open

Mar 26, 2009 8:48 AM CDT

Stocks Keep Rally Going

(Newser) - Stocks headed higher at the open, as bulls bet that this rally will last. The Dow rose 95 points, powered by a 10% gain for GM, while the S&P and Nasdaq added 1.5% and 2%, respectively. That came despite some negative economic news: Initial jobless claims rose 8,...

Dow Wavers, Finishes Up 90

MARKETS

Mar 25, 2009 3:07 PM CDT

Dow Wavers, Finishes Up 90

Poor Treasury auction saps some investor confidence

(Newser) - Stocks wavered today, with the indices posting gains but off session highs, the Wall Street Journal reports. A rise in durable-goods orders stoked an early rally, but enthusiasm was tempered by weak demand for US Treasuries in an auction. The Dow dipped into losses in the afternoon, but closed up...

Stocks Up on Durables Report

Market Open

Mar 25, 2009 8:45 AM CDT

Stocks Up on Durables Report

(Newser) - Stocks switched back into climbing mode this morning, after a better-than-expected durable goods report. The Dow rose 76 points, bolstered by GE's 4% surge, while the Nasdaq and S&P each gained about 1%. Durable goods orders rose 3.4% in February, defying analyst expectations of a 2% decline. But...

Dow Dips After Rally, Off 115

MARKETS

Mar 24, 2009 3:11 PM CDT

Dow Dips After Rally, Off 115

Utilities, energy firms and financials give back gains

(Newser) - Stocks fell today as some took profits after yesterday’s impressive rally, and utilities, energy firms and financials gave back some gains, the Wall Street Journal reports. Despite falling 115.57 to close at 7,660.29, the Dow has climbed in seven of the past 10 sessions, and remains...

Stocks Pull Back Off Huge Rally

Market Open

Mar 24, 2009 8:44 AM CDT

Stocks Pull Back Off Huge Rally

(Newser) - Stocks pulled back this morning off yesterday’s heady rally. The Dow sank 77 points, after skyrocketing nearly 500 points in yesterday’s session. The S&P and Nasdaq dropped 1.3% and 1.4% respectively. AIG was the big story, with Timothy Geithner and Ben Bernanke set to testify...

Dow Rockets Nearly 500 Points

MARKETS

Mar 23, 2009 3:18 PM CDT

Dow Rockets Nearly 500 Points

Geithner's plan wins positive reviews from Street

(Newser) - Stocks locked in big gains today with the rally sparked by the rollout of the Treasury’s financial rescue plan, the Wall Street Journal reports. Financials led advances, with Citigroup and Bank of America up 24% and 19%, respectively. The Dow jumped 497.48 to 7,775.86. The Nasdaq...

Stocks Soar 300+
on Geithner Plan

UPDATED

Mar 23, 2009 8:51 AM CDT

Stocks Soar 300+ on Geithner Plan

(Newser) - Stocks sprinted out of the gates today, the Wall Street Journal reports, spurred by the Treasury’s long-awaited toxic asset plan. The Dow was up 316 just after noon, while the Nasdaq and S&P 500 added 4.1% and 4.5%, respectively. Banking stocks were the biggest winners, with...

Banks Fall; Dow Slides 122

MARKETS

Mar 20, 2009 3:20 PM CDT

Banks Fall; Dow Slides 122

But indices lock in first two-week winning streak in nearly a year

(Newser) - Stocks fell today but managed to lock in the first two consecutive weeks of gains since May 2008, the Wall Street Journal reports. Comments from FDIC chair Sheila Bair that she expects bank failures to drain her agency sank financials, with the broader market following suit. The Dow dropped 122....

Stocks Inch Up; Volatility Likely

MARKET oPEN

Mar 20, 2009 8:44 AM CDT

Stocks Inch Up; Volatility Likely

(Newser) - Stocks advanced by inches this morning, as investors remained cautious about the Federal Reserve’s latest recovery moves, the Wall Street Journal reports. The Dow rose 25 points, while the Nasdaq rose 0.5% and the S&P crawled up 0.2%. But that calm probably won’t last long—...