NASDAQ – News Stories About NASDAQ - Page 31

Stocks Fall as Bank Woes
Trump Obama Hope

MARKET Open

Jan 20, 2009 9:03 AM CST

Stocks Fall as Bank Woes Trump Obama Hope

Royal Bank of Scotland's troubles ripple across Atlantic

(Newser) - Any excitement on Wall Street about Barack Obama’s inauguration was drowned out this morning by worries over Europe’s banking sector, the Journal reports. The Dow dropped more than 110 points, while the Nasdaq and S&P dropped 2% and 2.2% respectively. Those tumbles track drops in Europe...

Dow Gains 68 Despite Banks

MARKETS

Jan 16, 2009 3:29 PM CST

Dow Gains 68 Despite Banks

Options expirations cause market volatility

(Newser) - US stocks clawed back to gains today amid turmoil in the financial sector and volatile price swings stemming from the expiration of January options contracts, MarketWatch reports. Although 100 points off its open at midday, the Dow finished with a gain of 68.73, to 8,281.22. The Nasdaq...

Stocks Rebound on BofA Help

MARKET Open

Jan 16, 2009 8:46 AM CST

Stocks Rebound on BofA Help

(Newser) - Markets rebounded this morning, as a new round of federal aid rained down on Bank of America and Citigroup, the Wall Street Journal reports. The Dow rose 112 points, while the S&P and Nasdaq added 1.5% and 1.3% respectively. Bank of America posted a $1.79 billion...

Dow Up 12 After Dip Below 8K

MARKETS

Jan 15, 2009 3:38 PM CST

Dow Up 12 After Dip Below 8K

Banks' continued troubles unnerve investors

(Newser) - Stocks finished just barely in positive territory today, MarketWatch reports. Nervousness about US banks’ continued need for government funds dropped the Dow below 8,000, but bargain-hunters pushed the index higher, and it closed at 8,212.49, up 12.35 points on the day. The Nasdaq rose 22.20,...

Banks Drive Stocks Down Early

MARKET OPEN

Jan 15, 2009 9:11 AM CST

Banks Drive Stocks Down Early

Investors see bad news everywhere in new data

(Newser) - Stocks dropped at the open today as a surprisingly good JPMorgan quarter struggled to offset other negative economic news, the Wall Street Journal reports. The Dow was off 108, despite Morgan's 4% surge, as Bank of America plummeted 15% after reports it would need more aid to close the Merrill...

Citi Paces Dow's 248-Point Drop

MARKETS

Jan 14, 2009 3:29 PM CST

Citi Paces Dow's 248-Point Drop

Economic news and financial upheaval mean losses for stocks

(Newser) - Financial shares led stocks to deep losses today as a set of economic reports did little to reassure investors, MarketWatch reports. Citigroup lost 23.05% on news it will shed several units, while an index fund of financial shares dropped nearly 5%. The Dow closed down 248.42 at 8,...

Stocks Plunge
on Retail,
Financial Fear

Market Open

Jan 14, 2009 8:53 AM CST

Stocks Plunge on Retail, Financial Fear

(Newser) - Stocks tumbled at the open today, in the wake of a retail sales report that drastically missed estimates. The Dow dove 157 points, while the Nasdaq and S&P dropped 1.5% and 2.1% respectively. Sales fell 2.7%, more than twice the 1.2% economists predicted. Nortel Networks,...

Dow Off 25 Amid Poor Earnings

MARKETS

Jan 13, 2009 3:33 PM CST

Dow Off 25 Amid Poor Earnings

Dismal reports expected from Liz Claiborne, GE and Lexmark

(Newser) - Stocks ended mixed today as the earnings season got off to a poor start. Alcoa’s $1.2 billion loss after yesterday’s close set the stage for a fifth consecutive down day for the Dow, the Wall Street Journal reports, with the index off 25.41 to close at...

Stocks Drop on
Alcoa Downer,
Bernanke Calls
for More Bailout

MARKET Open

Jan 13, 2009 8:48 AM CST

Stocks Drop on Alcoa Downer, Bernanke Calls for More Bailout

Bernanke sounds all pessimistic

(Newser) - Stocks took a modest drop at the open, in the wake of a grim report from Alcoa and even grimmer words from Ben Bernanke, who said the strength and timing of the global recovery are “highly uncertain,” and that Obama’s stimulus won’t produce sustainable results without...

Dow Drops 125
With Banks, Materials

MARKETS

Jan 12, 2009 3:27 PM CST

Dow Drops 125 With Banks, Materials

Market awaits Alcoa earnings after close

(Newser) - Stocks posted losses today as financial and basic-materials firms led losses, MarketWatch reports. Alcoa, which reports earnings after the bell, fell 7.32% on expectations the steel giant will report losses of 10 cents a share. The Dow closed down 125.13 at 8,474. The Nasdaq fell 32.80...

Stocks Edge Down
Ahead of Earnings

MARKET Open

Jan 12, 2009 9:04 AM CST

Stocks Edge Down Ahead of Earnings

Dow off 50 in early trading; first reports due late today

(Newser) - Stocks moved lower at today’s open as traders held their collective breath ahead of what’s expected to be a dismal earning season, the Wall Street Journal reports. The Dow was down 50 points recently, to 8,548, while the S&P and Nasdaq dipped 0.95% and 0....

Dow Ends Bleak Week Off 143

MARKETS

Jan 9, 2009 3:26 PM CST

Dow Ends Bleak Week Off 143

Index down 4.8% since Monday

(Newser) - Stocks posted losses today as news that US unemployment hit 7.2% moved the markets to the finish of a dismal week, MarketWatch reports. The Dow lost 143.28 to close at 8,599.18, with losses perhaps limited because investors were expecting the bad jobs news. The Nasdaq fell...

Market Shrugs Off Jobs Report

MARKET Open

Jan 9, 2009 8:49 AM CST

Market Shrugs Off Jobs Report

Dow makes miniscule move

(Newser) - Stocks barely moved at the open in the wake of a gruesome but unsurprising jobs report. The Dow fluctuated between gains and losses, recently trading down 27 points, with the Nasdaq and S&P registering 0.6% and 0.5% declines. The country lost 2.6 million jobs in 2008,...

Stocks Mixed on Retail News

MARKETS

Jan 8, 2009 3:32 PM CST

Stocks Mixed on Retail News

Wal-Mart falters, but Sears posts strong forecast

(Newser) - Stocks ended mixed today amid largely negative retail news and nervousness on unemployment, MarketWatch reports. Investors were shaken by poor December earnings and a reduced quarterly forecast posted by Wal-Mart, which managed to perform well through 2008. The Dow fell 27.24 to close at 8,742.46. The Nasdaq,...

Wal-Mart
Sends Dow
South

MARKET Open

Jan 8, 2009 8:48 AM CST

Wal-Mart Sends Dow South

Retailers not doing so hot

(Newser) - Stocks tumbled at the open today after Wal-Mart slashed its earnings estimates, driving fear in the retail sector. The Dow dropped 62, while the Nasdaq and S&P fell 0.5% and 0.7% respectively. There was more bad news on the job front, with unemployment claims climbing to their...

Dow Down 245 on Jobs

MARKETS

Jan 7, 2009 3:24 PM CST

Dow Down 245 on Jobs

Investors nervous ahead of Friday's December employment report

(Newser) - Stocks piled on after this morning’s losses, with investors shaken by a grim jobs report and news of layoffs and slashed forecasts at Alcoa and Intel. Crude plunged $5.95, to $43.01 a barrel, after inventories rose more than forecast, MarketWatch reports. The Dow fell 245.40 to...

Stocks Plunge on Job Numbers

MARKET Open

Jan 7, 2009 8:57 AM CST

Stocks Plunge on Job Numbers

Numbers 'eye-poppingly bad'

(Newser) - Stocks took a beating this morning, after Alcoa announced deep job cuts on the heels of a dismal job report. The Dow tumbled 134 points, while the Nasdaq and S&P lost 1.7% and 1.6% respectively. The biggest news was an ADP/Macroeconomic Advisors report that said the private...

Dow Rises 62 Despite Data

MARKETS

Jan 6, 2009 3:27 PM CST

Dow Rises 62 Despite Data

Oil futures end a four-day rally

(Newser) - Stocks failed to hold on to session highs but made gains today amid a series of dismal, if not unexpected, economic reports. Oil futures ended a four-day rally, falling $0.23 to $48.59 a barrel after briefly topping $50, Marketwatch reports. The Dow added 62.21 points to close...

Stocks Hop, Oil Leaps

MARKET Open

Jan 6, 2009 8:51 AM CST

Stocks Hop, Oil Leaps

Dow rise modest, oil rise fo' real

(Newser) - Stocks turned upward at the open today, as traders hunted for bargains and signs of a recovery. The Dow rose 80 points, while the S&P and Nasdaq climbed 1% and 0.9% respectively. Oil, meanwhile, jumped $1.22 to $50.03 as a dispute between Gazprom and the Ukraine...

Jail Ruling Looms
After Madoff's Bling Gifts

Jan 6, 2009 3:38 AM CST

Jail Ruling Looms After Madoff's Bling Gifts

Prosecutors charge he violated bail by scattering assets

(Newser) - Accused Wall Street swindler Bernard Madoff is enjoying what could be his last hours of luxury inside his palatial $7 million New York apartment after prosecutors demanded his bail be revoked for sending some $1 million in jewelry to family and friends, Reuters reports. Madoff is due in court Thursday...