S&P 500 – News Stories About S&P 500 - Page 70

MARKETS

Jan 15, 2008 3:31 PM CST

Citigroup Woes Sink Stocks

Bleak retail numbers also contribute to steep decline

(Newser) - Stocks plunged today on news of Citigroup's big losses and surprisingly poor retail numbers. This is the worst start to a year by the S&P 500 since 1978, reports Bloomberg. "There seems to be no end of bad news,'' says one exec. The Dow was down 277....

Dow Tanks on Consumer Woes

MARKETS

Jan 11, 2008 3:25 PM CST

Dow Tanks on Consumer Woes

Index nosedives after more bad news about spending

(Newser) - The Dow plunged 246.79 points to 12,606.30 today as investors, worried about consumer spending, fled retailers and credit-card issuers. Analysts are concerned the mortgage crisis has finally hit pocketbooks, hurting credit, jobs, and public confidence, the Wall Street Journal reports.The Nasdaq slid 48.58 to close...

Stocks Soar After Bumpy Ride

MARKETS

Jan 10, 2008 3:19 PM CST

Stocks Soar After Bumpy Ride

Streeters pleased with Bernanke speech, BofA news

(Newser) - The Dow finished up 117.78 points today, closing at 12,853.09 on signals from Fed chairman Ben Bernanke of interest-rate cuts to come and reports that Bank of America is in talks to buy home-loan giant Countrywide. It was a bumpy ride, though, as the key index was...

Markets Swing; Nasdaq Suffers

MARKETS

Jan 7, 2008 3:54 PM CST

Markets Swing; Nasdaq Suffers

Blue chips lead modest rises

(Newser) - The markets seesawed towards small increases, as the Dow saw its first gains of 2008 after fluctuating in a 150-point range, MarketWatch reports. The Nasdaq continued last week’s streak of losses, falling 5.19 to 2,499.46. The Dow ended up 27.31 at 12,827.49, and...

Bad Jobs Data Trigger Freefall

MARKETS

Jan 4, 2008 3:37 PM CST

Bad Jobs Data Trigger Freefall

Dow off 256.54, zooms past 13K on sluggish growth report

(Newser) - The worst employment-growth report since August 2003 sent the markets into a nosedive today, with the Dow ending the day off 256.54 to 12,800.18. Only 18,000 non-farm jobs were added in December, the Wall Street Journal reports, and the unemployment rate rose to 5.0%, its...

Gains Dashed on Jobs Angst

MARKETS

Jan 3, 2008 3:34 PM CST

Gains Dashed on Jobs Angst

Weak December auto sales didn't help the market's fortunes

(Newser) - The market lost substantial early gains today to finish about even, with weak December auto sales and rising oil costs adding to anxiety over tomorrow’s jobs report from the Labor Department. The Dow closed up 12.8 points to 13,056.7, as GM stock declined 2.5% and...

Market Plummets to Start Year

MARKETS

Jan 2, 2008 3:28 PM CST

Market Plummets to Start Year

Weak manufacturing, surging oil prices sink stocks

(Newser) - The Dow fell 214.11 to 13,050.71 today, giving 2008 its first record: biggest point drop to start a year. Climbing commodity prices and poor manufacturing readings led the sharp 1.7% decline, and spiking crude oil futures sealed the bearish day. One strategist fretted over the Institute...

Markets Sink, But '07 Sees Gains

MARKETS

Dec 31, 2007 3:54 PM CST

Markets Sink, But '07 Sees Gains

(Newser) - The markets took a tumble today, trimming but not eliminating yearly gains, MarketWatch reports. The Nasdaq, benefiting from its relative insulation from the housing crisis, rose 9.8% in 2007, although it fell 22.18 points today to end at 2,652.28. The Dow fell 101.05 to close...

Stocks Mixed on Housing News

MARKETS

Dec 28, 2007 3:53 PM CST

Stocks Mixed on Housing News

Markets reel, then recover from slow sales report

(Newser) - The markets were mixed in a volatile session today, with the Dow ending just slightly higher after more bad news from the housing sector erased an early-morning 100-point rally, Marketwatch reports. The Dow rose 6.26 to close at 13,365.87, and the S&P 500 climbed 2.12...

Bad News Brings Out the Bears

MARKETS

Dec 27, 2007 3:59 PM CST

Bad News Brings Out the Bears

Instability in Pakistan and durable goods news sparks decline

(Newser) - The markets suffered steep losses today following the one-two punch of bad news from Pakistan and the Commerce Department. In the wake of Benazir Bhutto’s assassination and a disappointing durable goods report, the Dow fell 192.08, the largest drop in a week, to 13,359.61, while the...

Stocks Stall Amid Retail Woes

MARKETS

Dec 26, 2007 3:57 PM CST

Stocks Stall Amid Retail Woes

Markets recover after bad news from Target, housing sector

(Newser) - The markets nudged higher today despite poor holiday retail results and continued housing problems. Target predicted a possible 1% sales drop in December, stoking investor fears about sluggish retail numbers, MarketWatch reports. The Dow closed up 2.36 at 13,551.69, the Nasdaq up 10.91 at 2,724....

Tech Sector Spurs Santa Rally

MARKETS

Dec 21, 2007 4:04 PM CST

Tech Sector Spurs Santa Rally

The markets rise on RIM and Oracle's earnings reports

(Newser) - The markets enjoyed a long-awaited "Santa Claus rally" today, finishing in positive territory for the week as BlackBerry producer Research in Motion posted strong earnings and the Commerce Department reported the largest monthly consumer spending increase in 2 years. The Dow climbed 205.01 to 13,450.65, the...

Markets Rise on Tech Rally

MARKETS

Dec 20, 2007 4:14 PM CST

Markets Rise on Tech Rally

(Newser) - Sharply higher earnings and a bullish forecast from software giant Oracle kicked off a market rally this morning, but fears about the financial sector continued as Bear Stearns reported its first-ever (and steeper than expected) loss. Another late rally boosted the tech-rich Nasdaq 39.85 points to 2,640.86;...

Markets Dip on Bond News

MARKETS

Dec 19, 2007 3:47 PM CST

Markets Dip on Bond News

Fed auction is deemed positive though

(Newser) - The market ended slightly lower after another rollercoaster day, as S&P’s downgrade of major bond insurers took a toll on stocks otherwise buoyed by reports of a positive auction by the Fed. The Dow was off 25.20 to 13,207.27 on news Ambac Financial and MBIA...

Stocks Climb After Rough Day

MARKETS

Dec 18, 2007 3:40 PM CST

Stocks Climb After Rough Day

Contrary instincts make for roller-coaster session

(Newser) - The market was up and down all day today as investors divided on whether to applaud cash injections and welcome good earnings reports or fret over bad housing numbers and inflation concerns. The Dow ultimately climbed 65.27 to 13,232.47, the Nasdaq added 21.57 to 2,596....

Stagflation Jitters Sink Stocks

MARKETS

Dec 17, 2007 3:29 PM CST

Stagflation Jitters Sink Stocks

Greenspan: 50-50 chance of recession

(Newser) - The markets resumed last week’s downward spiral today, with the Dow diving 172.65 to 13,167.20 despite typically buoying news of major deals. The Nasdaq slid 61.28 to 2,574.46 and the S&P closed at 1,445.90, down 22.05. Alan Greenspan said...

Stocks Plunge to End Off Week

Dec 14, 2007 3:51 PM CST

Stocks Plunge to End Off Week

Big consumer price inflation builds concern rate cuts are over

(Newser) - The Dow dived 178.11 points today to 13,339.85 after a 0.8% spike in the consumer price index, the biggest since September 2005, sparked concern that the era of rate cuts might be over. Inflation was “the 800-pound gorilla in the room,” one strategist told...

Markets Rally After Early Swoon

MARKETS

Dec 13, 2007 3:43 PM CST

Markets Rally After Early Swoon

Good numbers from consumers make for bullish afternoon

(Newser) - Thanks to two pieces of unexpectedly good news today, the markets erased early losses, the Dow climbing 44.06 to 13,517.96 after dipping to almost 13,350 this morning. Retail sales in November increased 1.2%, twice what watchers had estimated. And wholesale prices had their biggest one-month...

Stocks Inch Up After Fed Action

MARKETS

Dec 12, 2007 3:29 PM CST

Stocks Inch Up After Fed Action

Bad news and lingering doubts about yesterday's cut keep rally tame

(Newser) - Stocks gained slightly after the Fed's decision to join four other central banks in pumping cash into the global financial system. Following yesterday's plunge of nearly 300 points after the Fed cut interest rates by only a quarter-point, the Dow gained 41.13 to close at 13,473.90. The...

Stocks Even to Close Week

MARKETS

Dec 7, 2007 3:50 PM CST

Stocks Even to Close Week

Mixed data, Fed anticipation stall markets

(Newser) - The markets ended mostly even today as mixed data and anticipation of next week’s Fed meeting kept investors cautious. Given the suspense over a potential rate cut, “who is going to make a big bet now?” asked one strategist. The Dow closed up 5.69 at 13,625....