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Dow Rises 173 in Volatile Day
 Dow Rises 173 in Volatile Day 
MARKETS

Dow Rises 173 in Volatile Day

Fed's beige book reports economic contraction

(Newser) - Stocks pulled higher again today after a roller coaster day that saw the Dow swing temporarily into triple-digit losses, the Wall Street Journal reports. Despite dour data on the economy, stocks rose ahead of a November jobs report, due Friday, that is expected to report large losses. The Dow gained...

Warning Signs Sink Stocks
 Warning Signs 
 Sink Stocks 
MARKET Open

Warning Signs Sink Stocks

It's bad, Jim

(Newser) - Stocks took a tumble at the open today, thanks in part to a private report saying the economy shed 250,000 non-governmental jobs last month, and signs of slowing consumer spending. The Wall Street Journal reports that all 30 Dow stocks were trading lower, bringing the index down 145 points,...

Dow Rises 270 on Late Rally
 Dow Rises 270 on Late Rally 
MARKETS

Dow Rises 270 on Late Rally

(Newser) - Stocks rallied late in the session today, buoyed by rounds of bargain hunting following yesterday’s deep sell-off, the Wall Street Journal reports. GE rose 14%, despite lowering its forecast, on news that it will still pay a $1.24-per-share dividend next year. The Dow rose 270 points to close...

Stocks Take Modest Bounce
Stocks Take Modest Bounce 
MARKET Open

Stocks Take Modest Bounce

Dow up after disastrous session

(Newser) - Stocks headed north this morning, after a grisly Monday that saw the Dow fall 7.7% and the S&P 500 drop 8.9%. Things looked less traumatic today, as the Dow rose a modest 68 points at the open, accompanied by 1.2% and 1.4% rises in the...

Dow Off 679 on Dour Data
 Dow Off 679 on Dour Data 
MARKETS

Dow Off 679 on Dour Data

Global manufacturing indexes report contraction

(Newser) - The stock market tumbled today amid dismal global economic data, MarketWatch reports, including a report by a group of economists that, by their measure, the US economy has been in recession since December 2007. The Dow fell 679.95 to close at 8,149.09. The Nasdaq dropped 137.50,...

Rally Over; Dow Down 300
 Rally Over; Dow Down 300 
MARKET Open

Rally Over; Dow Down 300

Post-Holiday session no good

(Newser) - Stocks plunged this morning, giving back a big chunk of last week’s big rally. The Dow dropped 350 points, while the S&P and Nasdaq gave up 41 and 65 points respectively. “Investors are saying in these turbulent times it is best to take what comes your way,...

Dow Ends Down Month Up 102
 Dow Ends Down Month Up 102 
MARKETS

Dow Ends Down Month Up 102

(Newser) - Stocks gained today despite retailers' dour holiday prospects, because the market has already priced in much of the bad news, MarketWatch reports. Amid very light trading, the Dow gained 102.43 points to close at 8,829.04, extending its positive streak into a fifth day. "There's a bit...

Red Friday for Stocks
 Red Friday for Stocks 
MARKET Open

Red Friday for Stocks

Stocks drop at the open

(Newser) - Stocks inched into the red this morning, with the Dow down 38 and the S&P and Nasdaq off 0.5% and 0.9% at the open, the Wall Street Journal reports, but those declines come on the heels of four straight days of gains. The market closes early today,...

Dow Extends Rally, Rises 247
 Dow Extends Rally, Rises 247 
MARKETS

Dow Extends Rally, Rises 247

Grim earnings and economic reports can't stop Street's rise

(Newser) - The markets extended a winning streak into a fourth session today, despite mostly dismal economic data, the Wall Street Journal reports. Consumer spending and orders for durable goods fell over the last month, but the Dow closed up 247.14 points at 8,727. The Nasdaq rose 67.4 points...

Slim Gain Is Dow's 3rd in Row
 Slim Gain Is Dow's 3rd in Row 
MARKETS

Slim Gain Is Dow's 3rd in Row

New consumer credit plan inspires confidence on the street

(Newser) - Stocks were mixed today, as enthusiasm over the Fed’s plan to get banks lending was tempered by a downward revision to third-quarter GDP and a drop in a home-price index, the Wall Street Journal reports. The Dow rose 36.47—its third consecutive up session—to 8,479.86....

Stocks Keep Good Vibes Going
 Stocks Keep Good Vibes Going 
MARKET Open

Stocks Keep Good Vibes Going

Stocks climb as investors are cheered by Fed plan to help consumer credit

(Newser) - Stocks continued to rise at the open this morning, with the Dow climbing more than 100 points and the S&P gaining 1.5%, as investors cheered the Treasury and Fed’s new program to boost consumer credit, the Wall Street Journal reports. The Nasdaq, however, was off slightly. The...

Dow Up 397 on Positive News
 Dow Up 397 on Positive News 
MARKETS

Dow Up 397 on Positive News

Financials lead as government moves to help banking giant

(Newser) - Stocks rallied today in a vote of confidence for the $326 billion Citibank rescue plan and Barack Obama’s team of economic advisers, MarketWatch reports. Combined with Friday's surge, the rally was the largest 2-day jump in over 20 years. The Dow rose 396.97 points to close at 8,...

Dow Up 494 on Geithner Pick
 Dow Up 494 on Geithner Pick 
MARKETS

Dow Up 494 on Geithner Pick

Index gets back over 8,000, but lose for the week

(Newser) - News that Barack Obama’s will nominate Timothy Geithner, head of the New York Fed, as Treasury Secretary buoyed stocks today, although the major indices all lost value for the week, MarketWatch reports. The Dow closed up 494.13 at 8,046.42. The Nasdaq gained 68.23 to settle...

Bloodied Stocks Rebound
 Bloodied Stocks Rebound 
MARKET Open

Bloodied Stocks Rebound

Selloff brings in sellers

(Newser) - Stocks took a big bounce at the open today, after two brutal days that sent markets to 11-year lows. The Dow jumped 137 at the open, with the S&P and Nasdaq trading 2.2% and 1.8% higher, respectively. Citigroup shares jumped 5%, on news the company was considering...

Dow Plummets 400+ Again
 Dow Plummets 400+ Again 
MARKETS

Dow Plummets 400+ Again

Hopes dim for auto industry bailout

(Newser) - Stocks continued yesterday’s slide today as Congress dashed hopes for quick aid to the Detroit automakers, MarketWatch reports. Henry Paulson also undermined investor confidence by again changing the terms of TARP. The Dow fell 444.99 points to close at 7,552.29. The Nasdaq shed 70.30, closing...

Below 8,000, Dow Continues to Drop
 Below 8,000, Dow 
 Continues to Drop 
MARKET Open

Below 8,000, Dow Continues to Drop

Financial, auto fears still reign

(Newser) - Stocks took a slide at the open today, following a disastrous session yesterday that saw the Dow fall below the 8,000 mark. The Dow shed 160 points at the open, accompanied by 21- and 17-point declines in the Nasdaq and S&P. Stocks have fallen nearly 8% this week...

Dow Falls 427 to Below 8,000
 Dow Falls 427 to Below 8,000 
MARKETS

Dow Falls 427 to Below 8,000

Bad news in housing and predictions of recession sour stocks

(Newser) - Stocks plunged today on a spread of bad economic news, including signs that the housing market is not improving and dire predictions by the Federal Reserve’s interest-rate committee, the Wall Street Journal reports. The Dow fell 427.47 to close at 7,997.28. The Nasdaq lost 96.85,...

Dow Up 151 After Seesaw Day
 Dow Up 151 After Seesaw Day 
MARKETS

Dow Up 151 After Seesaw Day

Housing data drags, but HP, Home Depot fuel optimism

(Newser) - Stocks finished up slightly today amid a raft of mixed economic and earnings news, MarketWatch reports. On light trading volume, the indices swung between significant gains and losses, and the Dow closed up 151.17 at 8,424.75. The Nasdaq clawed out of the red at the last moment,...

Dow Off 223 on Japan, Retail Woes
 Dow Off 223 on Japan, 
 Retail Woes 
MARKETS

Dow Off 223 on Japan, Retail Woes

Manufacturing rises, but it's likely a mirage

(Newser) - Stocks seesawed to losses today as investors absorbed bad retailer reports and news that Japan’s economy had entered a recession, MarketWatch reports. The Dow fell 223.73 to close at 8,273.58. The Nasdaq lost 34.80, closing at 1,482.05, while the S&P 500 shed...

Stocks Drop on Citi, Retail Woes
 Stocks Drop on Citi,
 Retail Woes 
MARKET Open

Stocks Drop on Citi, Retail Woes

(Newser) - Stocks slid at the open, as Citigroup slashed jobs and retailers reported yet more disappointing results. The Dow lost 160 points, while the S&P and Nasdaq dropped 1.8% and 1.5% respectively. Among the big drops were Target and Lowe’s, which each took a 24% hit to...

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