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Dow Jumps 889, Cracks 9,000
 Dow Jumps 889, Cracks 9,000 
MARKETS

Dow Jumps 889, Cracks 9,000

Bargain hunters spur big gains as markets jump late

(Newser) - Stocks zoomed past the 9,000 mark late in today's session as investors ignored a rock-bottom consumer-confidence rating, focusing on blue-chip gains and the likelihood of another rate cut by the Federal Reserve, the Wall Street Journal reports. The Dow shot up 889.35 to close at 9,065.12....

Stocks Jump on Rate-Cut Hope
 Stocks Jump on Rate-Cut Hope 
MARKET opener

Stocks Jump on Rate-Cut Hope

Strong opening on global rallies

(Newser) - Stocks shot up at the bell this morning, powered by rallies overseas and speculation that another Fed rate cut is coming down the pike. The Dow rose 239, while the S&P and Nasdaq saw 2.9% and 3.3% jumps respectively. Hong Kong’s Hang Seng in particular saw...

Dow Down 203 After Yo-Yo Day
  Dow Down 203 After Yo-Yo Day
MARKETS

Dow Down 203 After Yo-Yo Day

Boost in new home sales is not enough to sustain day's gains

(Newser) - Stocks closed down today at the end of an extremely volatile session that saw the Dow up over 200 points as investors reeled from plunging overseas markets but were somewhat encouraged by positive news on US home sales, MarketWatch reports. The Dow lost 203.18 to close at 8,175....

Stocks Dip Amid Global Selloff
 Stocks Dip Amid Global Selloff 
MARKET opener

Stocks Dip Amid Global Selloff

It's deja vu, all over again

(Newser) - Stocks pointed downward this morning, as big overseas selloffs spooked investors, the Wall Street Journal reports. The Dow dropped 134 points shortly after its open, while the S&P dropped 1.7% and the Nasdaq 1.6%. There were positive signs overseas, including an IMF rescue plan for Hungary and...

Poor Day Ends Horrible Week
 Poor Day Ends Horrible Week 
MARKETS

Poor Day Ends Horrible Week

Dow off 312, but bears show some restraint

(Newser) - US stocks declined today but stopped somewhat short of total free fall after global markets plunged close to 10%. With perhaps a buffer from news of a bump in existing US home sales, the Dow fell 312.30 to close at 8,378.95, MarketWatch reports. The Nasdaq dropped 51....

Stocks Take Early Plunge
 Stocks Take Early Plunge 
MARKET opener

Stocks Take Early Plunge

(Newser) - Stocks took a big plunge at the open today, with the Dow down 411 points, after a morning that saw Dow and S&P futures fall so far that trading was halted. Driving the pessimism were similar plunges overseas, with the Nikkei down 9.6%, and London’s FTSE down...

Volatile Day Ends With Gains
 Volatile Day Ends With Gains 
MARKETS

Volatile Day Ends With Gains

Utilities, energy spur late rally that leaves Dow up 172

(Newser) - Stocks saw wild triple-digit swings today before closing with gains, MarketWatch reports. Many earnings reports were poor, and weekly jobless claims spiked, but investors also found bright spots amid the gloom. The Dow rose 172.04 to 8,691.25. The Nasdaq fell 11.84 to 1,603.91, but...

Dow Sinks 514 on Bad Earnings
 Dow Sinks 514 on Bad Earnings 
MARKETS

Dow Sinks 514 on Bad Earnings

Third-quarter reports detail suffering across the board

(Newser) - Stocks continued yesterday’s decline amid a wave of poor earnings reports across the board, the Wall Street Journal reports. The Dow, down at one point nearly 700 points in the final hour, fell 514.45 to close at 8,519.21. The Nasdaq shed 80.93 points, closing at...

Earnings Push Stocks Lower
 Earnings Push Stocks Lower 
MARKETS

Earnings Push Stocks Lower

China's GDP slowdown spooks investors as well

(Newser) - Stocks fell today as a wave of poor earnings soured investor confidence across the board, though the continued drop in interbank lending rates kept losses in check, the Wall Street Journal reports. The Dow closed down 231.77 at 9,033.66. The Nasdaq fell 73.35 to 1,696....

Stocks Rally, Clearing 9,000
 Stocks Rally, Clearing 9,000 
MARKETS

Stocks Rally, Clearing 9,000

Bernanke urges more fiscal stimulus

(Newser) - Stocks extended earlier gains with a late-session rally today as Ben Bernanke voiced support for a new fiscal stimulus package and a key indicator showed a loosening in the flow of credit, MarketWatch reports. The Dow rose 413.21 to 9,265.43, the first time it has closed over...

Stocks Sink, Yet End Week Up
 Stocks Sink, Yet End Week Up 
MARKETS

Stocks Sink, Yet End Week Up

More ugly news makes for yet another volatile day

(Newser) - Stocks remained volatile and swung lower at the end of the today’s session,as bad economic news convinced investors the financial crisis is not over yet, MarketWatch reports. The Dow closed down 127.04 at 8,852.22, but posted a weekly gain after four weeks of losses. The...

Dow Up 401 After Seesaw Day
 Dow Up 401 After Seesaw Day 
MARKETS

Dow Up 401 After Seesaw Day

Investors see signs of gradually easing credit—and bargains, driving up market late

(Newser) - Stocks rallied late in today’s volatile session, but stopped short of recovering yesterday’s sharp losses, rollercoastering through an 800-point range, MarketWatch reports. Crude oil futures fell $4.69, to about half of their record high in July, on a report that showed US inventories increasing. The Dow rose...

Dow Finishes Down 733
 Dow Finishes Down 733 
MARKETS

Dow Finishes Down 733

Bad data pummels equities; oil drops below $75 per barrel

(Newser) - Stocks continued to slide in the final hours of the trading day as retail sales and manufacturing activity slowed while core inflation jumped, the Wall Street Journal reports. Oil slid $4.09 to $74.54 a barrel, its lowest price in 2008. The Dow closed down 733.08 at 8,...

Rally Fizzles to Mild Losses
 Rally Fizzles to Mild Losses 
MARKETS

Rally Fizzles to Mild Losses

Traders worry non-financial stocks may still feel recession's bite

(Newser) - Stocks closed lower today after an earlier rally died down as worries about consumer-discretionary and tech stocks overcame investors’ faith in global actions to quell the credit crisis, the Wall Street Journal reports. The Dow, up nearly 400 early, ended off 76.62, to 9,310.99. The Nasdaq, especially...

Dow Gains 936 on New Bailouts
 Dow Gains 936 on New Bailouts 
MARKETS

Dow Gains 936 on New Bailouts

Biggest one-day boost for Dow on record

(Newser) - Weekend news of coordinated global action to buy stakes in troubled banks cheered investors, and the Dow posted its biggest-ever 1-day jump in both points and percentage today, MarketWatch reports. The index rose 936.42 to 9,387.61, the Nasdaq jumped 194.74 to 1,844.25, and the...

Wild Swings End Ruinous Week
 Wild Swings End Ruinous Week 
MARKETS

Wild Swings End Ruinous Week

(Newser) - Stocks swung erratically at the conclusion of today's trading session, with the Dow rebounding from a dip below 8,000 on an early 700-point plunge and making a quick trip into positive territory. The Dow and S&P 500 eventually recorded their worst weekly drops on record. The Dow fell...

Dow Falls 678 to Sub-9,000 Close
 Dow Falls 678 to Sub-9,000 Close 
MARKETS

Dow Falls 678 to Sub-9,000 Close

Dow falls below 9,000 for first time since 2003

(Newser) - Stocks plunged in the last hours of trading today as a number of government moves did little to shore up investors' confidence, MarketWatch reports. The Dow’s losses accelerated sharply after it dropped below the psychological threshold of 9,000 points. It closed down 678.91 at 8,579.19;...

Stocks Fall 189 Despite Rate Cut
 Stocks Fall 189 Despite Rate Cut 
MARKETS

Stocks Fall 189 Despite Rate Cut

Alcoa offers dismal earnings report to start third-quarter season

(Newser) - Stocks fell nearly 190 points in a volatile day, with investors showing mixed opinions on whether an unprecedented global rate cut by the Fed and foreign central banks would help the credit crisis. After swinging in a 433-point range, the Dow closed down 189.01 points at 9,258.10,...

Now Brace for Short-Sellers
 Now Brace for Short-Sellers 

Now Brace for Short-Sellers

Wall Street steels for end of ban short-selling

(Newser) - The controversial three-week ban on short-selling financial stocks ends at midnight tonight and analysts are uncertain about the impact on an already-traumatized Wall Street. Financial shares have plunged 23% since the ban was imposed, suggesting short-selling might not have played as large a role as suspected in earlier declines, reports...

Dow Drops 508 Points
 Dow Drops 508 Points 
MARKETS

Dow Drops 508 Points

Fed's attempts to help do nothing for equities in the short term

(Newser) - Stocks plummeted today, as actions by the Federal Reserve to prop up the commercial-paper market and hints of an interest-rate cut from Ben Bernanke failed to restore investors’ confidence, the Wall Street Journal reports. The Dow fell 508.39 to 9,447.11. The Nasdaq shed 108.08, closing at...

Stories 701 - 720 | << Prev   Next >>