Dow Jones

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Web Can't Keep Up With Whipsawing Market

Financial sites went down, and even tweets were outdated

(Newser) - The stock market whipsawed so quickly this afternoon—a quick plunge to nearly 1,000 in the red, followed by an equally quick rebound of about 500 points—that the Internet just couldn't keep up. "It appears that under the weight of just about everyone checking the web to...

Dow Drops 13, Pharma Lags
 Dow Drops 13, Pharma Lags 
MARKETS
Mar 12, 2010 3:25 PM CST

Dow Drops 13, Pharma Lags

UMich/Reuters consumer sentiment index falls

(Newser) - Stocks ended the week mixed with some gains in basic materials but sagging health care stocks, led by Pfizer, which released disappointing results from trials of a breast-cancer drug, the Wall Street Journal reports.
  • The Dow gained 13 points to close at 10,625.
  • The Nasdaq lost a point to
...

Dow Rises 45 on Citigroup Optimism
 Dow Rises 45 on 
 Citigroup Optimism 
MARKETS
Mar 11, 2010 3:24 PM CST

Dow Rises 45 on Citigroup Optimism

CEO Vikram Pandit confident government will sell Citi stake

(Newser) - A possible move by China to tighten monetary policy sapped stocks today, but optimistic comments from Citigroup's CEO led the indexes higher in the final hour, the Wall Street Journal reports.
  • The Dow added 45 points to close at 10,612.
  • The Nasdaq gained 10 points, closing at 2,368.
...

Dow Up 3; Financials Climb
 Dow Up 3; Financials Climb 
MARKETS
Mar 10, 2010 3:17 PM CST

Dow Up 3; Financials Climb

Investors predict payroll gains for March

(Newser) - Gains in financial stocks kept the markets afloat today. Both AIG and Citigroup closed up, in part because of a successful offering of $2 billion in trust preferred securities, the Wall Street Journal reports.
  • The Dow gained 2.95 points to close at 10,567.33.
  • The Nasdaq added 18.
...

Dow Up 12; Day's Gains Fizzle
 Dow Up 12; Day's Gains Fizzle 
MARKETS
Mar 9, 2010 3:20 PM CST

Dow Up 12; Day's Gains Fizzle

Merck drops on health-care uncertainty

(Newser) - Stocks lost hold of the day's gains as investors pulled out of commodity producing stocks. Alcoa led Dow lower with a 1.3% decline, the Wall Street Journal reports.
  • The Dow gained 12 points to close at 10,564.
  • The Nasdaq rose 8 points, closing at 2,341.
  • The S&
...

Dow Falls 14; Cisco Boosts Tech
 Dow Falls 14; 
 Cisco Boosts Tech 
MARKETS
Mar 8, 2010 3:22 PM CST

Dow Falls 14; Cisco Boosts Tech

Low-volume day 'slowest of the year,' Miller Tabak strategist says

(Newser) - Cisco Systems led the tech sector ahead of a major announcement tomorrow, but the rest of the markets dragged today as investors tried to gauge the state of the global economy, the Wall Street Journal reports.
  • The Dow lost 13.68 points to close at 10,552.52.
  • The Nasdaq
...

Dow Up 122 on Jobs Report
 Dow Up 122 on Jobs Report 
MARKETS
Mar 5, 2010 3:19 PM CST

Dow Up 122 on Jobs Report

Unemployment rate holds at 9.7%

(Newser) - A better-than-expected jobs report fueled a rally in stocks to close out the week. Nonfarm payrolls fell by 36,000 in February, far less than the predicted level of 75,000, the Wall Street Journal reports.
  • The Dow gained 122.06 points to close at 10,566.20.
  • The Nasdaq
...

Dow Up 47, Returns to Black for 2010
 Dow Up 47, Returns 
 to Black for 2010 
MARKETS
Mar 4, 2010 3:21 PM CST

Dow Up 47, Returns to Black for 2010

Investors await tomorrow's unemployment report

(Newser) - A spate of analyst upgrades for companies including Walt Disney, Coca-Cola, and Boeing led to modest advances for stocks today, as investors look ahead to tomorrow's unemployment report, the Wall Street Journal reports.
  • The Dow gained 47 points to close at 10,444, putting it back into the black (by
...

Dow Down 9 as Health Stocks Drop
 Dow Down 9 as 
 Health Stocks Drop 
MARKETS
Mar 3, 2010 3:15 PM CST

Dow Down 9 as Health Stocks Drop

Early gains on jobs report evaporate

(Newser) - Stocks turned negative going into the close, led by the health care sector. Investors weighed the effects of reform, and Pfizer lost big after a study showed a promising Alzheimer's drug to be ineffective, the Wall Street Journal reports.
  • The Dow Jones fell 9 points to close at 10,397.
...

Dow Edges Up 2 Points
 Dow Edges Up 2 Points 
MARKETS
Mar 2, 2010 3:20 PM CST

Dow Edges Up 2 Points

Traders avoid big bets ahead of jobless figures

(Newser) - Stocks fell from their daily highs but managed to preserve token gains as American Express said overall credit quality was improving and the Dow Jones-UBS Commodity Index rose 1.1%, the Wall Street Journal reports.
  • The Dow gained 2 points to close at 10,406.
  • The Nasdaq added 7 points,
...

Dow Climbs 79 on AIG Deal
 Dow Climbs 79 on AIG Deal 
MARKETS
Mar 1, 2010 3:21 PM CST

Dow Climbs 79 on AIG Deal

Manufacturing employment rises

(Newser) - News of Prudential's agreement to buy AIG's Asia division sowed confidence on Wall Street today. Stocks rose, boosted as well by a jump in manufacturing employment, the Wall Street Journal reports.
  • The Dow rose 78.53 points to close at 10,403.79.
  • The Nasdaq added 35.31, closing at
...

Dow Rises 4 on Good GDP Data, Bad Housing News

GDP grows 5.9% in last quarter of 2009

(Newser) - Stocks closed out February by nudging into positive territory as investors weighed the news that GDP grew by 5.9% last quarter but existing-home sales plunged, the Wall Street Journal reports.
  • The Dow gained 4.23 points to close at 10,325.26.
  • The Nasdaq added 4.04, settling at
...

Dow Drops 53 on Weak Jobs Data
 Dow Drops 53 on 
 Weak Jobs Data 
MARKETS
Feb 25, 2010 3:19 PM CST

Dow Drops 53 on Weak Jobs Data

Dow recovers from 188-point drop

(Newser) - Stocks dropped sharply after the Labor Department reported an unexpected uptick in weekly jobless claims, but a recovery in commodities-related stocks helped the broader market trim its losses, Wall Street Journal reports.
  • The Dow closed down 53 points at 10,321.
  • The Nasdaq lost 2 points, settling at 2,234.
...

Dow Rises 92 on Bernanke Comments
 Dow Rises 92 on 
 Bernanke Comments 
MARKETS
Feb 24, 2010 3:21 PM CST

Dow Rises 92 on Bernanke Comments

Fed chief says he's in no rush to raise interest rates

(Newser) - Stocks posted solid gains after Ben Bernanke assured traders that a recent increase in the discount rate did not mean that the Fed would raise the benchmark funds rate—which has the strongest influence on commercial lending rates—anytime soon, the Wall Street Journal reports.
  • The Dow gained 92 points
...

Dow Falls 101 on Consumer Data
 Dow Falls 101 
 on Consumer Data 
MARKETS
Feb 23, 2010 3:11 PM CST

Dow Falls 101 on Consumer Data

Industrial stocks hit hard by flagging confidence

(Newser) - A big drop in the Conference Board's consumer confidence index knocked stocks for a loop today, leading to broad declines for industrial and commodity-related stocks, the Wall Street Journal reports.
  • The Dow fell 101 points to close at 10,282.
  • The Nasdaq dropped 29 points, settling at 2,213.
  • The
...

Dow Drops 19, Snaps 4-Day Win Streak
 Dow Drops 19, 
 Snaps 4-Day Win Streak 
MARKETS
Feb 22, 2010 3:24 PM CST

Dow Drops 19, Snaps 4-Day Win Streak

Energy sector leads stocks lower; financials up on BofA settlement

(Newser) - Energy issues pushed stocks lower today after indexes hung around opening levels and briefly wandered into positive territory. Bank of America's settlement with the SEC over its acquisition of Merrill Lynch last year boosted financials, the Wall Street Journal reports.
  • The Dow fell 18.97 points to close at 10,
...

Dow Up 9 on Fed Rate Hike
 Dow Up 9 on Fed Rate Hike 
MARKETS
Feb 19, 2010 3:27 PM CST

Dow Up 9 on Fed Rate Hike

Uptick in discount rate seen as sign of strength in US economy

(Newser) - Stocks wavered today, falling into the red during a speech by President Obama in which he promised more extensive financial regulation but reclaiming positive territory as traders came to see the Fed's increase in the discount rate as a vote of confidence in the economy, the Wall Street Journal reports....

Dow Rises Again, Adds 84
 Dow Rises Again, Adds 84 
MARKETS
Feb 18, 2010 3:18 PM CST

Dow Rises Again, Adds 84

H-P, Priceline.com book solid profits

(Newser) - Stocks advanced as investors looked past disappointing data on employment and focused on positive activity in the steel sector and strong earnings from Hewlett-Packard and Priceline.com, the Wall Street Journal reports.
  • The Dow Jones gained 84 points to close at 10,393.
  • The Nasdaq added 15 points, closing at
...

Dow Gains 40 on Housing Starts
 Dow Gains 40 
 on Housing Starts 
MARKETS
Feb 17, 2010 3:23 PM CST

Dow Gains 40 on Housing Starts

Whole Foods, Deere report strong earnings

(Newser) - Stocks saw solid gains as US housing starts hit their highest level in 6 months, and earnings from Whole Foods and Deere beat market expectations, the Wall Street Journal reports.
  • The Dow rose 40 points to close at 10,309.
  • The Nasdaq added 12 points, settling at 2,226.
  • The
...

Dow Rises 170 on Rosy Data
 Dow Rises 170 on Rosy Data 
MARKETS
Feb 16, 2010 3:12 PM CST

Dow Rises 170 on Rosy Data

Good news on manufacturing, home-builder confidence

(Newser) - Stocks rallied today on positive economic data: the New York Fed's Empire manufacturing index showed marked improvement in manufacturing, and the National Association of Home Builders said builder confidence is up this month, the Wall Street Journal reports.
  • The Dow rose 170 points to close at 10,269.
  • The Nasdaq
...

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