NASDAQ – News Stories About NASDAQ - Page 33

MARKET Open

Dec 18, 2008 8:46 AM CST

Stocks Up on Mixed Job Data

But FedEx is cutting payroll...

(Newser) - There was good news and bad news on the job front today. Good news: Initial claims for unemployment dropped more than expected last week. Bad news: They’re still near a 26-year high, and FedEx announced that it’s cutting salaries by 5%. But the good outweighed the bad for...

Dow Off 100 as Rate Rally Dies

MARKETS

Dec 17, 2008 3:27 PM CST

Dow Off 100 as Rate Rally Dies

Stocks fall on poor earnings, more job cuts

(Newser) - Stocks turned lower as jubilation over the Fed’s rate cut yesterday died down and concerns about the slumping economy returned today, the Wall Street Journal reports. Losses by Morgan Stanley and Goldman Sachs dragged financials lower. The Dow closed down 99.80 at 8,824.34. The Nasdaq fell...

Stocks Sink as Morgan Misses

MARKET Open

Dec 17, 2008 8:52 AM CST

Stocks Sink as Morgan Misses

(Newser) - Stocks retreated this morning, after Morgan Stanley reported a worse-than-expected $2.29 billion loss. Goldman Sachs posted a similar number yesterday, but whereas its stock rose, Morgan’s dropped more than 5%. The Dow likewise shed 107 points at the open, while the Nasdaq and S&P each dropped 1....

Dow Jumps 359 on Rate Cut

MARKETS

Dec 16, 2008 3:23 PM CST

Dow Jumps 359 on Rate Cut

Hopes that financials may soon be clear of bad debt also buoys sentiment

(Newser) - Stocks rallied today as investors cheered the Federal Reserve’s sharp federal funds rate cut and other policy measures designed to combat the economic crisis, the Wall Street Journal reports. The Dow rose 359.61 to close at 8,924.14. The Nasdaq climbed 81.55, closing at 1,589....

Stocks Creep
Up as Inflation Falls

MARKET Open

Dec 16, 2008 8:44 AM CST

Stocks Creep Up as Inflation Falls

Fed expected to cut yet more

(Newser) - Stocks stepped higher at the open today, as investors awaited what many assumed would be an interest rate cut from the Federal Reserve. The Dow rose 77 points, while the Nasdaq and S&P added 1.6% and 1.4% respectively. Investors also learned that inflation took its biggest dive...

Financials Push Dow Off 65

MARKETS

Dec 15, 2008 3:24 PM CST

Financials Push Dow Off 65

US industrial output falls for November

(Newser) - Stocks lost value today as investors await tomorrow’s meeting of the Federal Reserve’s interest-rate committee, and digested various bits of bad news on financial firms and manufacturing, MarketWatch reports. The Dow fell 65.15 to 8,564.53. The Nasdaq lost 32.38, closing at 1,508.34,...

Stocks Tread
Water at Bell

MARKET Open

Dec 15, 2008 8:53 AM CST

Stocks Tread Water at Bell

Dow inches downward

(Newser) - Stocks jogged in place at the open as investors awaited smoke signals from the latest Fed meeting. The Dow inched up15 points, while the Nasdaq and S&P added 0.1% and 0.4% respectively, the Wall Street Journal reports. Investors are also awaiting President Bush’s auto rescue plan,...

Stocks Plunge on Auto News

MARKET Open

Dec 12, 2008 8:45 AM CST

Stocks Plunge on Auto News

Madoff doesn't help either

(Newser) - Stocks went sky-diving this morning in the wake of the Senate’s scuttling of the auto bailout and the massive fraud case against a former NASDAQ chairman. The Dow dropped 200 points, accompanied by 2.5% and 1.8% drops in the S&P and Nasdaq, respectively. The auto news...

Top Broker Collared for Running $50B Ponzi Scheme

Dec 11, 2008 8:28 PM CST

Top Broker Collared for Running $50B Ponzi Scheme

FBI arrests Bernard Madoff; SEC on trail

(Newser) - The FBI has arrested a giant among Wall Street brokers and charged him with bilking his investors of up to $50 billion, the Wall Street Journal reports. Federal agents busted Bernard L. Madoff, a former NASDAQ chaiman, after he admitted to employees that his investment advisory business was a "...

Bank Woes Push Dow Down 196

MARKETS

Dec 11, 2008 3:23 PM CST

Bank Woes Push Dow Down 196

JPMorgan Chase, Bank of America, Citigroup all see big drops

(Newser) - The markets slid today as JP Morgan’s CEO made pessimistic comments about home prices, the Wall Street Journal reports. Adding to investor malaise was a Labor Department report that unemployment insurance claims are at a 26-year high, and continued uncertainty about the Detroit bailout. The Dow was down 196....

Stocks Skid on Jobs Numbers

MARKET Open

Dec 11, 2008 8:52 AM CST

Stocks Skid on Jobs Numbers

(Newser) - Stocks dipped at the open today, thanks to a sharp jump in jobless claims and more negative corporate news. The Dow fell 119 points, while the S&P and Nasdaq dropped 1.2% and 1.5% respectively, after the Labor Department announced that new unemployment claims hit a 26-year high...

Stocks Bounce on Bailout Hope

MARKET Open

Dec 10, 2008 8:56 AM CST

Stocks Bounce on Bailout Hope

Dow up about 90

(Newser) - Stocks took a modest bounce this morning, as anticipation over an auto bailout outweighed weakness in financials. The Dow rose 116 points, while the Nasdaq and S&P climbed 1% and 1.2% respectively, the Wall Street Journal reports. AIG shares were down 5% premarket after the Journal reported that...

Dow Down 242 on Auto Doubts

MARKETS

Dec 9, 2008 3:27 PM CST

Dow Down 242 on Auto Doubts

Uncertainty over bailout details gives rally a flat tire

(Newser) - Yesterday’s gains in the market, buoyed by the probable Detroit bailout, slipped away today as details remained uncertain, the Wall Street Journal reports. Though investors are still optimistic about the president-elect’s infrastructure initiative’s impact on raw goods and energy, that sector couldn’t carry the market. The...

Stocks Saunter Downward

MARKET Open

Dec 9, 2008 8:59 AM CST

Stocks Saunter Downward

Mild drop as investors hold breath

(Newser) - Stocks dipped at the open today, as investors digested downbeat corporate news while awaiting an auto bailout. The Dow fell as much as 145; the Nasdaq and S&P were off 1.3% and 1.4%, respectively. Auto shares retreated after yesterday’s gains, the Wall Street Journal reports, with...

Dow Up 299 on Stimulus, Autos

MARKETS

Dec 8, 2008 3:17 PM CST

Dow Up 299 on Stimulus, Autos

Industries likely to benefit from Obama building plan see gains

(Newser) - Stocks rallied today, led by automakers, which look ever likelier to get a federal bailout, and industrial firms expected to benefit from President-elect Barack Obama’s proposed public-works programs, MarketWatch reports. The Dow gained 298.76 to close at 8,934.18. The Nasdaq rose 62.43, closing at 1,...

Stocks Jump on Auto Hope

MARKET Open

Dec 8, 2008 8:47 AM CST

Stocks Jump on Auto Hope

Obama plan also helps extend Friday's rally

(Newser) - Stocks burst out of the gate this morning, as investors continued to cheer Barack Obama’s infrastructure plan and imminent help for the auto industry. The Dow rocketed up 229 points, accompanied by 2.7% and 2.9% jumps for the Nasdaq and S&P, the Wall Street Journal reports....

Insurer Leads 259-Point Surge

MARKETS

Dec 5, 2008 3:29 PM CST

Insurer Leads 259-Point Surge

Stocks manage to stay afloat despite terrible jobs report

(Newser) - Stocks rallied at the end of the session today despite a grim November jobs report that showed unemployment rising to 6.7%, MarketWatch reports. Insurer Hartford Financial led financials higher after announcing that its business were doing better than it had expected. The Dow rose 259.18 to close at...

Jobs Data Send
Stocks Tumbling

MARKET Open

Dec 5, 2008 8:54 AM CST

Jobs Data Send Stocks Tumbling

(Newser) - Stocks took a tumble at the open today, after a stunningly terrible payroll report showed that the US lost more than a half-million jobs in November, the 11th straight month of losses. The Dow fell 95 points, while the S&P and Nasdaq dropped 1% and 1.4% respectively, the...

Dow Loses 215 on Job Cuts

MARKETS

Dec 4, 2008 3:16 PM CST

Dow Loses 215 on Job Cuts

Retailers miss estimates as consumer rein in spending

(Newser) - The markets lost value today amid data that unemployment is growing, and poor sales reports from retailers, MarketWatch reports. Traders are bracing for the worst ahead of the November jobs report, due tomorrow. The Dow fell 215.45, closing at 8,376.24. The Nasdaq dropped 46.82 to settle...

Stocks
Go South
at Bell

MARKET Open

Dec 4, 2008 8:48 AM CST

Stocks Go South at Bell

Dow down 150

(Newser) - Stocks took a modest dip at the open, amid a weak round of retail sales numbers and general economic pessimism. The Dow fell 81 points, while the S&P and Nasdaq dropped 1.3% and 1.4% respectively, the Wall Street Journal reports. Stocks started to the downside yesterday, but...