Dow Jones – News Stories About Dow Jones - Page 73

Dow Drops 36
as Consumer Data Saps Stocks

Aug 28, 2009 3:28 PM CDT

Dow Drops 36 as Consumer Data Saps Stocks

Intel, Dell see gains

(Newser) - Stocks mostly fell today despite good news from the tech sector, the Wall Street Journal reports. The Reuters/University of Michigan index of consumer confidence fell in August, dragging the markets down. Intel rose 4.32% after raising its third-quarter profit forecast, while Dell gained 1.89% on second-quarter earnings that...

Dow Climbs 37
on Day 8 of Streak

MARKETS

Aug 27, 2009 3:19 PM CDT

Dow Climbs 37 on Day 8 of Streak

Eight-day winning stretch is first in 28 months

(Newser) - Stocks closed up today as the Dow continued its modest winning streak for an eighth day—the longest period of gains in 28 months—though trading volume remained light, the Wall Street Journal reports. An auction of 7-year Treasury notes saw decent demand. AIG shares rose 28.8% on reports...

Dow Up 4 Despite
Strong Housing Data

MARKETS

Aug 26, 2009 3:33 PM CDT

Dow Up 4 Despite Strong Housing Data

Gains in durable goods mostly due to defense, aircraft orders

(Newser) - Stocks barely eked out gains today, as positive reports on housing and durable goods orders failed to excite investors, the Wall Street Journal reports. New-home sales rose 9.6% in July, beating expectations, while inventories dropped to the lowest level since April 2007. The Dow closed up 4 points at...

Dow Up 30 After Rosy Data

MARKETS

Aug 25, 2009 3:21 PM CDT

Dow Up 30 After Rosy Data

(Newser) - Stocks closed with modest advances on strong economic data and a drop in oil prices, the Wall Street Journal reports. Advances in second-quarter home prices and a boost in July consumer confidence propelled stock indices to new 2009 highs shortly after the open, but oil’s $2.32 drop moderated...

Dow Up 3 as Stocks
Stall Ahead of Reports

MARKETS

Aug 24, 2009 3:22 PM CDT

Dow Up 3 as Stocks Stall Ahead of Reports

Investors await consumer confidence, housing, GDP data

(Newser) - Stocks closed near to opening levels today, with the Dow just barely extending its winning streak into a fifth session, the Wall Street Journal reports. All the indices hit new highs for 2009 early, boosted by housing data, investors pulled back ahead of looming reports on consumer confidence, new home...

Dow Climbs 156;
Stocks Hit Highs

MARKETS

Aug 21, 2009 3:21 PM CDT

Dow Climbs 156; Stocks Hit Highs

Jump in existing-home sales spurs rally

(Newser) - Stocks rallied today off of strong housing data, propelling all three major indices to their highest levels of the year, the Wall Street Journal reports. Sales of existing homes rose 7.2% in July, the National Association of Realtors said, beating analysts’ expectations by a generous margin. The Dow rose...

Data Boosts Stocks, Dow Up 71

Aug 20, 2009 3:30 PM CDT

Data Boosts Stocks, Dow Up 71

Fed reports an increase in business activity

(Newser) - Stocks advanced today on positive economic news from the Philadelphia branch of the Fed, the Wall Street Journal reports, which said that its index of business activity registered a 4.2 in August, up from a negative 7.5 in July. Investors were specifically encouraged by a rise in the...

Dow Up 61 After Shaky Day

MARKETS

Aug 19, 2009 3:10 PM CDT

Dow Up 61 After Shaky Day

(Newser) - Markets ended higher today after a dismal start, buoyed by an ascendant energy sector, the Wall Street Journal reports. The seesaw comes as no surprise to one strategist: “This market is highly vulnerable to get pushed around right now. That’s a factor of light volume.” The Dow,...

Retail Gains Drive Dow Up 83

MARKETS

Aug 18, 2009 3:15 PM CDT

Retail Gains Drive Dow Up 83

Signs of life from the consumer help stocks rebound

(Newser) - Positive retail reports helped get stocks back on track today after recent declines, the Wall Street Journal reports. Home Depot, Target, and Saks saw smaller-than-expected declines in quarterly profit, while discount chain TJX reported a 31% gain. The Dow rose 82.60 to close at 9,217.94. The Nasdaq...

Dow Falls 186,
Biggest Drop Since July 2

MARKETS

Aug 17, 2009 3:32 PM CDT

Dow Falls 186, Biggest Drop Since July 2

Worldwide shocks worry investors

(Newser) - Stocks continued to decline after drops in world markets proved to be contagious at the open, with the Dow falling the most since July 2, the Wall Street Journal reports. The worldwide stock decline had investors scrambling to Treasurys and other safe havens. Home-improvement retailer Lowe's fell 10% after reporting...

Global Selloff
Rocks Dow

MARKET open

Aug 17, 2009 8:51 AM CDT

Global Selloff Rocks Dow

(Newser) - The Dow tumbled 175 points at the open today, following even bigger selloffs in overseas markets, the Wall Street Journal reports. The S&P and Nasdaq each fell 2.2%. Those drops followed a whopping 5.8% dive on China’s Shanghai Composite Index, a 3.1% drop for Japan’...

Dow Off 77 on Consumer Data

MARKETS

Aug 14, 2009 3:19 PM CDT

Dow Off 77 on Consumer Data

(Newser) - Stocks dipped today on worse-than-expected information about consumer sentiment, the Wall Street Journal reports. A Reuters index dropped 3 points instead of the anticipated 2-point rise. A downward spiral has been evident since the Fed announced it would not raise interest rates Wednesday. “A day like today has been...

Retail Sales Curb Rally;
Dow Climbs 37

MARKETS

Aug 13, 2009 3:20 PM CDT

Retail Sales Curb Rally; Dow Climbs 37

July retail sales negative despite 'Cash for Clunkers'

(Newser) - A drop in retail sales reported today cooled off yesterday’s post-Fed-meeting rally, the Wall Street Journal reports. Stocks ended with modest gains as the Commerce Department reported a 0.1% drop in July retail sales despite increased car sales under the “Cash for Clunkers” program. The Dow rose...

Fed Spurs Rally; Dow Up 120

MARKETS

Aug 12, 2009 3:14 PM CDT

Fed Spurs Rally; Dow Up 120

Homebuilders gain as Toll Brothers reports strong profit

(Newser) - Stocks surged to gains before and after the Fed’s relatively positive report on the economy, the Wall Street Journal reports. Most investors took the Fed’s decision to end its buying of long-term Treasurys as a sign that the economy is returning to normal. Financials led gains, along with...

Dow Off 97 Ahead of Fed News

MARKETS

Aug 11, 2009 3:24 PM CDT

Dow Off 97 Ahead of Fed News

S&P falls back below 1,000

(Newser) - Stocks fell today as investors took profits after the recent rally, the Wall Street Journal reports. Traders characterized the market as “on pause” ahead of a Fed statement on interest rates due tomorrow. Bank of America and GE led the Dow lower with 4.4% and 3.6% declines,...

Rally Loses Steam; Dow Off 32

MARKETS

Aug 10, 2009 3:26 PM CDT

Rally Loses Steam; Dow Off 32

Freddie Mac sees shares rise 122% on earnings

(Newser) - Stocks wavered on the heels of last week’s rally, closing slightly lower as investors wait for comments from the Fed, the Wall Street Journal reports. Federal Reserve policy makers will conclude a 2-day meeting on Wednesday and perhaps issue a new assessment of the economic recovery. Despite a broad...

Jobs Lift Stocks; Dow Up 114

MARKETS

Aug 7, 2009 3:15 PM CDT

Jobs Lift Stocks; Dow Up 114

Unemployment report fuels rally

(Newser) - Good news about the labor market fueled a rally in stocks today, the Wall Street Journal reports. Slowing declines in payrolls and a 0.1% drop in unemployment—both figures beat expectations—elevated investor sentiment. AIG jumped 22.2% after reporting a $1.8 billion quarterly profit. The Dow gained...

Dow Off 25 Ahead of July Jobs

MARKETS

Aug 6, 2009 3:38 PM CDT

Dow Off 25 Ahead of July Jobs

Monthly unemployment report will show recovery's progress

(Newser) - Stocks closed lower today ahead of a July unemployment report due tomorrow, the Wall Street Journal reports. Procter & Gamble weighed on the Dow with a 4.7% decline, over doubts about its sales strategy. The Dow fell 25 points to close at 9,256. The Nasdaq lost 20 points,...

Dow Ends 4-Day Run, Dips 39

MARKETS

Aug 5, 2009 3:15 PM CDT

Dow Ends 4-Day Run, Dips 39

Financials rally against broader slump

(Newser) - Stocks fell today on dour data, though some financial firms rallied against the broader slump, the Wall Street Journal reports. The private sector lost 371,000 jobs in July, and the Institute for Supply Management’s index of non-manufacturing activity fell to 46.4 from 47.0 in June. Nonetheless,...

Dow Cools, Still Rises 34

MARKETS

Aug 4, 2009 3:17 PM CDT

Dow Cools, Still Rises 34

(Newser) - Yesterday’s rally segued into a regular day today as markets remained mostly flat on mixed economic data, the Wall Street Journal reports. Home sales were up, but incomes down, and an expected report on rising US oil reserves hurt energy stocks. “It's a day of consolidation after we've...