Dow Jones – News Stories About Dow Jones - Page 77

MARKETS

Apr 27, 2009 3:18 PM CDT

Flu Spooks Street; Dow Off 51

Firms likely to be hurt by reaction to disease see shares drop

(Newser) - Swine flu worried investors but wasn’t enough to spark a full-scale sell-off today, the Financial Times reports. AMR, parent of American Airlines, Marriott, and Expedia fell as investors bet against firms that may be specifically hurt. Shares of Gilead Sciences, developer of Tamiflu, were up nearly 4%, however. The...

Stocks Sink on Swine Flu Panic

MARKET Open

Apr 27, 2009 8:44 AM CDT

Stocks Sink on Swine Flu Panic

(Newser) - Swine flu panic swept across markets today, sending stocks lower around the world. In the US, the Dow sank 80 points at the open, while the S&P and Nasdaq fell 1.1% and 1.2% respectively. In Asia, the Hang Seng tumbled 2.7%, while many major European indexes...

Big Banks Rally; Dow Up 119

MARKETS

Apr 24, 2009 3:24 PM CDT

Big Banks Rally; Dow Up 119

Investors mull 'stress test' criteria

(Newser) - Stocks gained today on some positive earnings reports, but anxiety over the ramifications of government "stress tests" kept the lid on, the Wall Street Journal reports. The disclosure of the “stress test” methodology seemed to boost the biggest banks, like Bank of America, Wells Fargo, and US Bancorp,...

Stocks Edge Higher

Market Open

Apr 24, 2009 8:48 AM CDT

Stocks Edge Higher

(Newser) - Stocks got a modest boost at the open, as better-than-expected earnings battled with stress test anxiety. The Dow rose 51 points, while the S&P and Nasdaq added 0.6% and 0.4% respectively, the Wall Street Journal reports. Ford skyrocketed 19% after reporting a mere $1.4 billion—and...

Dow Up 70 on Mixed Earnings

MARKETS

Apr 23, 2009 3:16 PM CDT

Dow Up 70 on Mixed Earnings

Apple, eBay do well in first quarter; UPS, SunTrust banks post losses

(Newser) - Stocks gained today amid mixed earnings news, the Wall Street Journal reports. Market volatility has dropped, with neither of the past two sessions seeing any big moves. Apple, eBay, Coach and Radio Shack beat expectations, while UPS, SunTrust Banks and Fifth Third Bancorp saw losses. The Dow rose 70.49...

Stocks, Earnings Both Mixed

MARKET Open

Apr 23, 2009 8:42 AM CDT

Stocks, Earnings Both Mixed

(Newser) - Stocks barely budged at the open, after a good quarter from Apple and a lousy one from UPS. The Dow fluctuated between gains and losses, and was recently down 13 points. The S&P and Nasdaq were similarly flat. Apple rose 3% after beating expectations with a 15% earnings jump....

Pharma Pushes Dow Down 83

MARKETS

Apr 22, 2009 3:29 PM CDT

Pharma Pushes Dow Down 83

Sandisk gains after earnings beating expectations

(Newser) - Stocks were mixed today as pharmaceuticals declined but tech saw gains, the Wall Street Journal reports. GlaxoSmithKline reported a 13% drop in first-quarter earnings; GSK, Merck and Pfizer shares dropped. Yahoo and Sandisk were up despite posting quarterly losses. The Dow fell 82.99 to close at 7,886.57....

Stocks Slide on Grim Earnings

MARKET Open

Apr 22, 2009 8:43 AM CDT

Stocks Slide on Grim Earnings

(Newser) - Stocks headed lower at the open today, thanks to another round of dour corporate earnings. The Dow fell 44 points, while the S&P and Nasdaq dropped 0.9% and 0.8% respectively. Morgan Stanley tumbled more than 8%, after reporting a quarterly loss, and slashing its dividend. Wells Fargo,...

Dow Up 128 on Geithner Talk

MARKETS

Apr 21, 2009 3:25 PM CDT

Dow Up 128 on Geithner Talk

Banks rally after comments by Treasury secretary, Bank CEOs

(Newser) - Stocks gained today on upbeat comments from Timothy Geithner and the CEOs of Citigroup and US Bancorp, the Wall Street Journal reports. Banks rallied after the Treasury secretary said that the “vast majority” have sufficient capital. The Dow closed up 127.83 at 7,969.56. The Nasdaq rose...

Earnings Send Stocks South

MARKET Open

Apr 21, 2009 8:40 AM CDT

Earnings Send Stocks South

(Newser) - Stocks slid at the open this morning, after a rash of less-than-inspiring earnings reports from major companies. The Dow was down 30 points, as components Coca-Cola, Caterpillar, Dupont, and Merck all posted lousy first quarters. Caterpillar swung to a loss and slashed guidance, sending shares down 5%, while Dupont fell...

Banks Push Dow Down 290,
Below 8,000

MARKETS

Apr 20, 2009 3:25 PM CDT

Banks Push Dow Down 290, Below 8,000

Dow falls 289 on financial uncertainty

(Newser) - Stocks saw deep declines today as uneasiness over banking spilled into the broader market, the Wall Street Journal reports. Bank of America slid 22% on word of growing losses in its credit-card unit. Goldman Sachs, Citigroup and JPMorgan Chase also fell on reports of a Treasury move that may dilute...

Stocks Slump Despite Earnings

MARKET Open

Apr 20, 2009 8:50 AM CDT

Stocks Slump Despite Earnings

(Newser) - Stocks plummeted this morning, despite what’s been a generally positive earnings season so far, the Wall Street Journal reports. The Dow sunk 178 points, while the S&P and Nasdaq were both off 2.4%. That’s in the wake of a better-than-expected quarter from Bank of America, which...

Stocks Stall
on Earnings;
Dow Climbs 6

MARKETS

Apr 17, 2009 3:25 PM CDT

Stocks Stall on Earnings; Dow Climbs 6

But extend winning streak to 6th week

(Newser) - Stocks gave up afternoon gains to close higher by single digits as a week of first-quarter earnings reports failed to spark a selloff or surge, the Wall Street Journal reports. Google’s stock barely moved after the company reported slowing sales growth. GE and Citigroup earnings beat estimates, but GE...

Stocks Mixed After
Citi's Good News

MARKET Open

Apr 17, 2009 8:41 AM CDT

Stocks Mixed After Citi's Good News

(Newser) - Better-than-expected earnings from GE and Citigroup barely produced a ripple in the broader market this morning, the Wall Street Journal reports. Stocks were mixed, with the Dow inching up 33 points, the Nasdaq slipping 6.42 points, and the S&P flat. Citi got a 9.5% boost off its...

Tech Gains; Dow Up 96

MARKETS

Apr 16, 2009 3:20 PM CDT

Tech Gains; Dow Up 96

HP, Nokia advance

(Newser) - Investors looked past bad news on home construction to signs of economic stabilization and drove broad advances in stocks today, the Wall Street Journal reports. HP rose 5.3% on reports that it’s the top computer seller. Nokia rocketed 11.5% on signs the cell-phone market was picking up...

JPMorgan, Nokia Lift Stocks

MARKET Open

Apr 16, 2009 8:47 AM CDT

JPMorgan, Nokia Lift Stocks

(Newser) - Stocks were modestly higher at the open today, after JPMorgan topped estimates in the first quarter and Nokia met them. The Dow inched up 31 points, while the Nasdaq and S&P rose 16.9 and 4.08 points, respectively. JPMorgan added 1.7%, while Nokia rose 12%. Traders were...

Beige Book Boosts Dow Up 109

MARKETS

Apr 15, 2009 3:15 PM CDT

Beige Book Boosts Dow Up 109

Investors look past Intel to manufacturing

(Newser) - Stocks rose late in today’s session, buoyed by decent news from the Fed’s Beige Book, the Wall Street Journal reports. The report showed manufacturing activity stabilizing or rising in five of 12 US districts, after months of declines. The Dow closed up 109.44 at 8,029.62....

Stocks Drop on Intel Forecast

MARKET Open

Apr 15, 2009 8:57 AM CDT

Stocks Drop on Intel Forecast

(Newser) - Stocks headed lower at the open, with the Dow off 42 points, the S&P down 4.75, and the Nasdaq behind 17.58. Intel was a big loser, dropping 4% after reporting a better-than-expected 55% decline in profits, and projecting flat sales. “The ‘beat and raise’ scenario...

Dow Drops 138

MARKETS

Apr 14, 2009 3:26 PM CDT

Dow Drops 138

Retail report also drives declines

(Newser) - Stocks sank today on a 1.1% drop in retail sales for March, and losses deepened after both President Obama and Ben Bernanke gave speeches cautioning against undue economic optimism, the Wall Street Journal reports. Both acknowledged “tentative signs” of recovery but stressed the long road ahead. The Dow...

Stocks Slump on Retail Data

MARKET Open

Apr 14, 2009 8:48 AM CDT

Stocks Slump on Retail Data

(Newser) - Stocks fell at the open today, as a surprisingly bad retail report overshadowed a strong quarter from Goldman Sachs. The Dow fell 55 points, while the S&P and Nasdaq slid 4.3 and 14.1 points respectively. Retail sales fell 1.1% last month, while inflation fell faster than...