Dow Jones – News Stories About Dow Jones - Page 103

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...

Market Rises
on Strong
Jobs Report

Oct 5, 2007 10:08 AM CDT

Market Rises on Strong Jobs Report

September stats strong, August losses revised to gains

(Newser) - Stocks surged this morning after a highly anticipated jobs report came back reassuringly strong, with 110,000 US workers gaining jobs in September. At the same time, the upsetting August jobs loss—which fueled rampant recession fears—was revised to a gain of 89,000. Growth exceeded expectations among economists...

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....

Stocks Rise on Buffett Rumor

Sep 26, 2007 3:46 PM CDT

Stocks Rise on Buffett Rumor

Berkshire CEO may buy 20% of Bear Stearns

(Newser) - The Dow climbed 99.5 points today on the strength of the GM settlement and speculation that billionaire Warren Buffett might buy 20% of beleaguered Bear Stearns. The brokerage helped spur the biggest gain in a week, jumping 7.7% after the Buffett story circulated. Said a trader, “You...

Stocks Edge Up in Balancing Act

Sep 25, 2007 3:44 PM CDT

Stocks Edge Up in Balancing Act

Retailers’ sales sink as homes out-perform expectations

(Newser) - Stocks rose slightly today as retail woes were somewhat offset by August home sales that outperformed expectations, MarketWatch reports. Led by Microsoft, which rode the release of “Halo 3” to a 1.5% jump, the Dow climbed 19.59 to 13,778.65. The S&P dipped 0.52...

Stocks Down, Led by Financials

Sep 24, 2007 3:44 PM CDT

Stocks Down, Led by Financials

Financial and energy companies led the way

(Newser) - The stock market took a dip today after an IMF report predicted that credit markets may not “normalize" soon and will slow global economic growth. Financial and energy companies helped pull the Dow down 61.13 points to 13,759.06. Citigroup, Bank of America and JPMorgan Chase all...

Markets Wrap Up Banner Week

Sep 21, 2007 3:37 PM CDT

Markets Wrap Up Banner Week

Best week in 6 months

(Newser) - Stocks climbed again today, closing out the biggest weekly gain since March. The Dow rose 53.49 to 13,820.19, the Nasdaq climbed 16.93 to 2,671.22, and the S&P 500 closed at 1,525.75, up 7.00. The Dow and S&P rose 2....

Stocks Dip After Two-Day Spike

Sep 20, 2007 3:34 PM CDT

Stocks Dip After Two-Day Spike

Goldman’s success can’t stop dollar jitters

(Newser) - Stocks fell today after two days of bullish investing set off by the Fed’s interest rate cuts; one trader told the Journal profit-taking would have taken its toll "even if there was no news whatsoever.” But there was news: FedEx cut its profit forecast; the dollar continued...

Wall Street Hunts for Its Next Bubble

Sep 20, 2007 12:48 PM CDT

Wall Street Hunts for Its Next Bubble

Emerging markets upswing could mirror '98 tech boom

(Newser) - With the Fed’s rate cut in place, Wall Street has visions of another bubble—this time in emerging markets. The Dow skyrocketed 2.5% on news of the cut, but even that was dwarfed by 4.2% gains in the Bombay Sensex and 4.3% in Brazil’s Bovespa....

Stocks Keep Up Rate-Cut Rally

Sep 19, 2007 3:39 PM CDT

Stocks Keep Up Rate-Cut Rally

iPhone sales spur market on

(Newser) - The stock market kept rising one day after the Fed slashed key interest rates, as speculation that the housing slump might ebb compounded the biggest rally in four years. The Dow climbed 76.17 to 13815.56, while the Nasdaq rose 14.82 to close at 2666.48 and the...

Murdoch May Eliminate WSJ Online Fees

Sep 18, 2007 4:42 PM CDT

Murdoch May Eliminate WSJ Online Fees

Thinks added ad revenue will make up for losses

(Newser) - Rupert Murdoch said today he would probably eliminate the Wall Street Journal's online subscription fee when News Corp. completes its purchase of the paper in a few months. The media mogul believes that dropping the subscription fee will attract more readers to the site, thereby increasing advertising revenues, the LA ...

Stocks Soar on Fed Surprise

Sep 18, 2007 3:29 PM CDT

Stocks Soar on Fed Surprise

Financial shares enjoy particular surge

(Newser) - The markets responded with a roar to the Fed’s surprisingly deep rate cut today, with financial shares enjoying the biggest spike. The Dow climbed a whopping 324.10 points to 13,727.52, the Nasdaq rose 64.38 to 2,646.23, and the S&P closed at 1518....

Stocks Dive Before Fed Meeting

Sep 17, 2007 3:52 PM CDT

Stocks Dive Before Fed Meeting

All indexes fall as traders bite nails over tomorrow's Federal Reserve meeting

(Newser) - Wall Street bit its collective nails today, with fear mounting that the Fed meeting tomorrow will result in a rate cut of only 25 basis points rather than the 50 traders crave. The Dow fell 39.10 to 13,403.42, the S&P 500 dipped 7.60 to 1,...

Expected Fed Rate Cut Could Halt Crisis

Sep 17, 2007 3:49 AM CDT

Expected Fed Rate Cut Could Halt Crisis

Wall Street counting on help to boost falling stock prices

(Newser) - What happens next in the volatile world stock markets could depend on Federal Reserve chief Ben Bernanke. The Fed is expected to cut the interest rates banks charge each other for overnight loans, currently 5.25%. It would make loans cheaper, boost consumer spending, revive stock prices and ultimately, prevent...

Stocks in Holding Pattern With All Eyes on Fed

Sep 14, 2007 4:01 PM CDT

Stocks in Holding Pattern With All Eyes on Fed

Hands wring over Fed and consumers

(Newser) - Stocks marked time today, settling into an eerie calm before next week’s nail-biter Fed decision on interest rates. Investors mulled conflicting consumer data: The University of Michigan/Reuters consumer-sentiment survey announced a rise to 83.8, but August retail growth was less than expected. The confusion amounted to modest gains...