Dow Jones

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Dow Hits 16K for First Time
 Dow Hits 16K for First Time 

Dow Hits 16K for First Time

And S&P is trading above 1.8K

(Newser) - The Dow Jones Industrial Average crossed the 16,000 threshold this morning for the first time, with Boeing—bolstered by hefty 777X orders at the Dubai Airshow yesterday—acting as one of the day's biggest movers, reports the AP . The S&P 500, meanwhile, was trading above 1,800;...

Dow Jumps 200 on Deal Reports
 Dow Jumps 200 
 on Deal Reports 
MARKETS

Dow Jumps 200 on Deal Reports

Market breathes a sigh of relief

(Newser) - Investors sprang into action today on reports that a Senate deal to reopen the government and raise the debt limit "is in hand," sending stocks soaring. At one point the Dow was up as much as 200 points in midday trading, and as of 11:39am was still...

Fed Keeps Pedal On Gas; Markets Hit Records

In surprise move, bond buying to hold steady

(Newser) - The Federal Reserve surprised the financial world today by announcing that it would continue buying roughly $85 billion worth of bonds a month. Many analysts had expected the central bank to ease off the quantitative easing gas pedal, but the committee announced that it had "decided to await more...

Dow Dumps Bank of America, HP, Alcoa

Nike, Visa, and Goldman Sachs to replace them

(Newser) - The Dow Jones Industrial Average is ditching Hewlett-Packard, Bank of America, and Alcoa, it announced today, in what the Wall Street Journal is calling "the biggest shake-up of the 30-stock index in almost a decade." The Dow will add Nike, Visa, and Goldman Sachs to replace the three...

Dow Crosses 15K for First Time

Strong jobs report lifts markets

(Newser) - A big gain in the job market lifted the stock market to a record high this morning. The Dow Jones industrial average crossed 15,000 for the first time, and the Standard and Poor's 500 index, a broader market measure, rose above 1,600. In the first hour of...

Dow Plummets 266: Market's Worst Day in 5 Months

China's growth rate starts off a bad day

(Newser) - The stock market suffered its worst loss in five months today as China posted lower-than-expected growth and the Boston Marathon bombing added a late wave of anxiety, TheStreet and Wall Street Journal report.The Dow Jones Industrial Average sank 266 points, gold fell by 9.4%, and the S&P...

Dow Passes All-Time High
 Dow Passes All-Time High 

Dow Passes All-Time High

Stocks soar at open after positive report from China

(Newser) - The Dow Jones Industrial Average reached its highest level ever just after the opening bell this morning, thanks in part to China's pronouncement that it would be maintaining its growth target. As of 9:51, the Dow was up 103 points, to 14,231. Its previous high, set in...

Dow Cracks 14,000
 Dow Cracks 14,000 

Dow Cracks 14,000

Psychological threshold passed for first time since 2007

(Newser) - The Dow Jones Industrial Average hit a major psychological milestone today, cracking 14,000 for the first time since the financial crisis, CNBC reports. The move lasted only for a moment—seconds later it had pulled back below the threshold—but the Dow is still trading more than 100 points...

Stocks, Dollar Plunge After Obama Win
 Dow Plunges 300+
 on Obama Win 
MARKETS

Dow Plunges 300+ on Obama Win

Fiscal cliff worries loom

(Newser) - Wall Street wasn't exactly cheering over President Obama's reelection. Stocks have been positively plunging all morning, with the Dow down 338 points, the S&P falling 37, and the Nasdaq dropping 79 as of 11:30am. With Washington's makeup essentially unchanged, investors were worried about the oncoming...

Dow Plunges 200 on Bad Earnings
 Dow Plunges 200 
 on Bad Earnings 
MARKETS

Dow Plunges 200 on Bad Earnings

Stocks suffer biggest drop since June

(Newser) - Stocks plunged at the open today, with the Dow falling more than 200 points, sending it to its lowest level in seven weeks. As of 10:22am the Dow was down 206, while the Nasdaq and S&P were down 30 and 20 points respectively. The major cause for the...

Spain Panic Sends Dow Down 200+
 Spain Panic Sends 
 Dow Down 200+ 
MARKETS

Spain Panic Sends Dow Down 200+

Spanish bonds hit dizzying high

(Newser) - The Dow took a nosedive this morning, as did markets the world over, after Spanish media reported that up to six regions may need assistance from the federal government, sending the yields on Spanish 10-year bonds to a new high of more than 7.5%. The Dow plunged 237 points...

Dow Plummets 200+ Points
 Dow Plummets 200+ Points 

Dow Plummets 200+ Points

Weak jobs report leads to market troubles

(Newser) - The Dow's gain for the year is gone, thanks to today's terrible jobs report . The Dow fell more than 200 points following the report, according to the AP . At 11am EDT, it was at 12,170, down 224 points. That's a loss of about 0.3% for...

Recession Was Great— for Big Business

Firms come out streamlined; still slow to hire

(Newser) - For some of America's biggest companies, the recession amounted to growing pains: They're now "leaner, meaner, and hungrier," says one economist. Indeed, sales, profits, and employment among S&P 500 companies last year beat figures from 2007—before the crisis began, the Wall Street Journal notes...

Dow Passes 13K Mark
 Dow Passes 13K Mark 

Dow Passes 13K Mark

Last time it did so: May 20, 2008

(Newser) - Huge milestone today: The Dow crossed the 13,000 mark, the first time since before the 2008 financial crisis that it has done so. The last time it made it above that milestone was on May 20, 2008, four months before Lehman Brothers went under. Behind today's bump: the...

Nasdaq Hits 11-Year High; Dow Rises 157

It's Dow's best finish since 2008

(Newser) - Today's rosy jobs report did wonders for the markets. The tech-heavy Nasdaq, in fact, closed at an 11-year high, reports MarketWatch , while the Dow finished at its highest level since May 2008, notes the Wall Street Journal . The numbers:
  • Dow: Up 157, 1.2%, to 12,862
  • Nasdaq: Up
...

Dow Surges 337, Reclaims 12K

Market has its best day this month

(Newser) - Encouraging signs out of Europe and a surprisingly strong report on the US housing market drove the Dow Jones industrial average up more than 330 points today. It was the best day for stocks this month. The Spanish government pulled off a successful debt auction, and gauges of business and...

Stocks Jump 400+ on Trio of Good News
 Stocks Jump 400+ 
 on Trio of Good News 
MARKETS

Stocks Jump 400+ on Trio of Good News

Central banks and China make moves, private-sector employment jumps

(Newser) - The market took a major jump at open on the announcement that six central banks were moving to make it easier for European banks to get dollars, with the Dow rising 322 points to 11,877, reports the Wall Street Journal . As of 9:55am, it was up 405 points....

Stocks Plunge on Super Committee Failure

Dow drops triple digits

(Newser) - Stocks plunged at the opening bell today, thanks to the super committee's failure to reach a deal and the ongoing debt crisis in Europe. As of 9:37am, the Dow was down 158 points, while the Nasdaq and S&P were down 40 and 19 points, respectively, as investors...

Spooked by Italy, Dow Falls 228
 Spooked by Italy, Dow Falls 228 
MARKETS

Spooked by Italy, Dow Falls 228

Dow below 12K

(Newser) - Silvio Berlusconi's promises to resign haven't done much to calm European markets —or Wall Street. The Dow opened sharply lower today on the news that Italian bond yields spiked above 7%, the level that caused Greece, Portugal, and Ireland to seek bailouts; Italy's debt, however, is...

Dow Down 253 Thanks to Greece
 Dow Down 253 
 Thanks to Greece 
MARKETS

Dow Down 253 Thanks to Greece

Greek call for referendum doesn't sit well with investors

(Newser) - More not-so-shocking news , though today's variety is a bit more serious and depressing: The Dow sank 253 points at the open, to 11,702, as Greek PM George Papandreou's call for a referendum on his country's bailout terrified European investors and rattled traders stateside. MarketWatch reports that...

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