S&P 500 – News Stories About S&P 500 - Page 71

MARKETS

Dec 3, 2007 3:38 PM CST

Financials Drag Dow Down

Good vibes on mortgage deals steady markets

(Newser) - Bad news in the financial sector today meant the first bearish day for the market in five sessions, as Deutsche Bank’s negative prediction for fourth-quarter earnings pushed Morgan Stanley, Merrill Lynch, and Lehman Brothers downward. The Dow fell 57.15 to 13,314.57, the Nasdaq slid 23.83...

Techs Put Damper on Optimism

MARKETS

Nov 30, 2007 3:38 PM CST

Techs Put Damper on Optimism

Dell's struggles narrow Bernanke boost

(Newser) - The markets closed up today on rumors of a coming interest rate cut, but bad news in the tech sector limited gains. The Dow climbed 59.99 points to 13,371.72, but only after a negative forecast from Dell erased a sizable morning rally. The S&P 500 climbed...

Dow Up After Roller-Coaster Day

MARKETS

Nov 16, 2007 3:44 PM CST

Dow Up After Roller-Coaster Day

Bad news doesn't halt rally; markets end week up

(Newser) - The major indexes closed up today after erratic trading as bad news on industrial production and new negative forecasts failed to halt an end-of-week rally. The Dow gained 66.74 to 13,176.79, the Nasdaq climbed 18.73 to 2,637.24, and the S&P 500 closed at...

Dow Dips Below 13K

Nov 12, 2007 3:38 PM CST

Dow Dips Below 13K

Markets seesaw, close down

(Newser) - The Dow closed below 13,000 today after seesawing on bad news from the financial sector and falling oil prices. The Dow finished at 12,987.55, down 55.19, after E*Trade said further mortgage-related write-downs might come—and its shares dropped 56%. The Nasdaq slid 43.81 to close...

Dow Sheds 223, Flirts With 13K

Nov 9, 2007 3:44 PM CST

Dow Sheds 223, Flirts With 13K

Retail hit hard as well

(Newser) - The Dow dove 223.55 today to 13,042.74, its lowest close in 2 months, as investors reacted to rough news about tech and retail stocks. The S&P 500 wrapped up its its worst 3-day fall since January 2003, losing 21.07 to close at 1,453.70,...

Stocks Edge Up on Mixed Day

Nov 2, 2007 3:34 PM CDT

Stocks Edge Up on Mixed Day

Turmoil besets financial sector

(Newser) - The major indexes saw small gains today despite turmoil in the financial sector and skepticism about a positive jobs report. The Dow climbed 27.23 points to 13,595.10, the Nasdaq added 15.55 to close at 2,810.38, and the S&P 500 gained 1.21...

Stocks Up on Microsoft Earnings

Oct 26, 2007 3:42 PM CDT

Stocks Up on Microsoft Earnings

Nasdaq, others jump on Countrywide optimism and possible rate cuts

(Newser) - Optimism prevailed on Wall Street today as Microsoft clobbered estimates and Countrywide promised the worst was behind it. The tech-heavy Nasdaq led the way, gaining 53.33 to finish at 2,804.19. The S&P 500 rose 20.87 to 1,535.28; 65% of its components have beaten...

Dow Dives 367 on 'Black Friday'

Oct 19, 2007 3:49 PM CDT

Dow Dives 367 on 'Black Friday'

(Newser) - Wall Street observed the 20th anniversary of Black Monday with an absolute bloodbath today as the Dow fell a whopping 366.94 points to close at 13,522.02. Wachovia, Caterpillar, and Honeywell led a host of disappointing earnings reports, driving every major index down over 2.5%. The S&...

Tech, Retail Sales Spark Rally

Oct 12, 2007 3:50 PM CDT

Tech, Retail Sales Spark Rally

S&P has risen five straight weeks

(Newser) - Surging tech stocks and positive economic news that eased recession fears helped fuel the first market rally in three days today, with the S&P 500 capping its fifth straight week of gains to close at 1,561.80, up 7.39. The Dow added 77.96 to close at...

Stocks Slide on Earnings Angst

Oct 10, 2007 4:06 PM CDT

Stocks Slide on Earnings Angst

(Newser) - The Dow had its biggest fall in a month today, as investors showed anxiety over third-quarter earnings. The key index dropped 85.84 points from yesterday's record high to 14,078.69, after aluminum maker Alcoa announced a sales slippage of 3.2%. Boeing contributed to the bearish day with...

Fed News Boosts Dow to Record

Oct 9, 2007 3:45 PM CDT

Fed News Boosts Dow to Record

S&P 500 also closes at all-time high

(Newser) - The markets spiked to record highs today after the Fed released minutes from its critical September meeting that revealed unanimous consent for the large interest rate cuts. The Dow climbed 120.80 points to close at an all-time high of 14,164.53. One economist told the Journal, “Just...

Stocks Dip on Bad Oil News

Oct 8, 2007 3:40 PM CDT

Stocks Dip on Bad Oil News

(Newser) - Stocks fell today as oil producers and miners faced fears a slow economy would hamper demand. Crude dropped as low as $78.98 as Columbus Day brought the slowest trading session of the year; the Dow closed at 14,043.73, down 22.28. Exxon and Occidental both saw declines,...

Economy Slows, Stocks Surge: What Gives?

Oct 6, 2007 6:54 PM CDT

Economy Slows, Stocks Surge: What Gives?

'Teflon investors' are relying on the good news

(Newser) - Stocks are surging while classic indicators are signaling slump — so what gives? The answer, reports the Washington Post, lies in a bright jobs report and spiking Standard & Poor's 500-stock index. Backers are dissing the bad news as fast as they can finance, says the Post: "Call them...

Jobs Stats Propel Markets

Oct 5, 2007 3:55 PM CDT

Jobs Stats Propel Markets

(Newser) - The Dow and the S&P each set intraday records after today’s unexpectedly good jobs news, and the Nasdaq hit a 7-year high. The Dow closed at 14,066.01, up 91.70 points, and the S&P climbed 14.75 to 1,557.59 after indications that a...

Dow Flat, Awaiting Jobs Stats

Oct 4, 2007 3:39 PM CDT

Dow Flat, Awaiting Jobs Stats

Next Fed move may follow from Friday’s report

(Newser) - The stock market held steady today, as neither a drop in factory orders nor a rise in unemployment claims rattled investors bracing for tomorrow’s crucial jobs report—which could help spur the Fed’s next interest rate move. The Dow was up 6.26 points to 13,974.31,...

Market Down, But News Is Good

Oct 3, 2007 3:48 PM CDT

Market Down, But News Is Good

Tech stocks drop, but new signs crisis is ending

(Newser) - Stocks fell today as the tech sector dragged the Dow down 79.26 points to 13,968.05—but the mood was upbeat nonetheless, as a jobs survey fueled hopes that payrolls began to rebound in September. All eyes are on a key hiring report coming out Friday; good news...

Dow Dips on Monday Overreach

Oct 2, 2007 3:53 PM CDT

Dow Dips on Monday Overreach

A rough housing report doesn’t help

(Newser) - The market was mostly down today, after investors corrected for yesterday’s record-breaking spike, and a new drop in a home-sales index stirred mortgage anxieties. The Dow dipped 40.24 points to 14,047.31, with one strategist telling MarketWatch, “The fundamental news didn’t warrant the rally.”...

Dow Breaks 14,000 for 2nd Time

Oct 1, 2007 3:53 PM CDT

Dow Breaks 14,000 for 2nd Time

New clarity takes steam out of doomsday scenario

(Newser) - Citigroup and UBS warned of steep third quarter declines today, and the Dow responded by jumping 191.92 points—reacting to new clarity in an uncertain market, the Wall Street Journal reports. The index hit an intraday record—14,091.53—before closing at 14,087.55, only the second...

Stocks Dip on Mortgage Fears

Sep 28, 2007 3:22 PM CDT

Stocks Dip on Mortgage Fears

Foreclosure worries continue to simmer

(Newser) - The markets dropped today on news that mortgage defaults last month climbed 30% from a year earlier, more evidence that foreclosures are on the rise. Wells Fargo and Washington Mutual tumbled, and the Dow dipped 17.31 to 13,895.63. Stocks bottomed out after a Fed official said players...

Stocks Climb on Rate-Cut Hype

Sep 27, 2007 3:51 PM CDT

Stocks Climb on Rate-Cut Hype

S&P surging on last, next Fed slashes

(Newser) - The stock market rose for a second day as a weak new-home-sales report added energy to speculation that the Fed will slash rates again next month; Bloomberg puts the odds of a quarter-point cut at 88%. The S&P added 5.96 to reach 1,531.38, climbing within 1....