Dow Jones

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Dow Up 51 on Home Sales
 Dow Up 51 on Home Sales 
MARKETS

Dow Up 51 on Home Sales

Downward GDP revision saps gains

(Newser) - A 7.4% gain in existing home sales for November boosted stocks today, despite a downward revision of third-quarter GDP growth to 2.2%, the Wall Street Journal reports.
  • The Dow gained 51 points to close at 10,465.
  • The Nasdaq added 15 points to settle at 2,253.
  • The
...

Dow Up 85; Alcoa, Intel Rally
 Dow Up 85; Alcoa, Intel Rally 
MARKETS

Dow Up 85; Alcoa, Intel Rally

Mining giants Bucyrus, Terex to merge

(Newser) - Stocks saw broad gains today as analysts upgraded blue chips Alcoa and Intel and big mergers were announced in the mining and health-care sectors, the Wall Street Journal reports.
  • The Dow rose 85.25 points to close at 10,414.14.
  • The Nasdaq added 25.97, ending the session at
...

Dow Up 21; Oracle, RIM Rally
 Dow Up 21; Oracle, RIM Rally 
MARKETS

Dow Up 21; Oracle, RIM Rally

Nasdaq surges on strong earnings

(Newser) - Better-than-expected quarterly earnings reports from Oracle and Research in Motion bolstered the tech sector today, pushing the Nasdaq ahead as the other indices recorded sluggish gains, the Wall Street Journal reports.
  • The Dow added 20.63 points to close at 10,328.89.
  • The Nasdaq rose 31.64, closing at
...

Dow Off 133 on Rate Fears
 Dow Off 133 on Rate Fears 
markets

Dow Off 133 on Rate Fears

Greece downgraded; jobless claims rise

(Newser) - Fear that the Fed might raise interest rates earlier than thought, a credit downgrade for Greece's debt, and a rise in weekly jobless claims sent the markets tumbling today, the Wall Street Journal reports.
  • The Dow fell 133 points to close at 10,308.
  • The Nasdaq lost 27 points, closing
...

Dow Off 11 on Fed News
 Dow Off 11 on Fed News 
MARKETS

Dow Off 11 on Fed News

Central bank is keeping rates low

(Newser) - Stocks closed mixed after the Fed announced it would keep interest rates low for an "extended period," disappointing investors who had hoped for a more optimistic outlook from the central bank, the Wall Street Journal reports.
  • The Dow fell 11 points to close at 10,441.
  • The Nasdaq
...

Dow Falls 48 on Credit Data
 Dow Falls 48 on Credit Data 
MARKETS

Dow Falls 48 on Credit Data

Charge-offs rise, NY manufacturing index falls

(Newser) - Stocks fell late in the day on depressed manufacturing activity and the news of a bump in credit card charge-offs last month, the Wall Street Journal reports.
  • The Dow dropped 49 points to close at 10,452.
  • The Nasdaq lost 11 points, closing at 2,201.
  • The S&P 500
...

Dow Up 30 on Dubai Rescue
 Dow Up 30 on Dubai Rescue 
MARKETS

Dow Up 30 on Dubai Rescue

Exxon down 4.7% after XTO Energy acquisition

(Newser) - Stocks posted solid gains off the news that Abu Dhabi had given Dubai $10 billion to head off its credit woes, soothing worries of a sovereign default, the Wall Street Journal reports.
  • The Dow rose 29.55 points to close at 10,501.05.
  • The Nasdaq gained 21.79, closing
...

Dow Up 66 as Consumer Optimism Lifts Stocks

Retail sales beat expectations in November

(Newser) - Stocks ended today's session mixed, with the Dow posting solid gains. Alcoa saw a. 8% jump on an optimistic profit estimate by JPMorgan, and the University of Michigan/Reuters December consumer sentiment index beat expectations, the Wall Street Journal reports.
  • The Dow rose 65.67 points to close at 10,471.
...

Dow Up 69 After Jobs Data
 Dow Up 69 After Jobs Data 
MARKETS

Dow Up 69 After Jobs Data

Oil hits $70.47, a 2-month low

(Newser) - Stocks posted solid gains today following a weekly jobs report that showed a boost in initial unemployment filings but a fall in the number of claims lasting longer than 1 week, the Wall Street Journal reports.
  • The Dow rose 68.78 points to close at 10,405.83.
  • The Nasdaq
...

Dow Rises 51 on 3M News
 Dow Rises 51 on 3M News 
MARKETS

Dow Rises 51 on 3M News

Street swings back from losses

(Newser) - Stocks posted solid gains today, swinging back from earlier losses as worries over sovereign credit faded and 3M gave the Dow a boost after being upgraded to "buy" by Citigroup, the Wall Street Journal reports.
  • The Dow gained 51 points to close at 10,337.
  • The Nasdaq added 11
...

Dow Falls 104 on Dubai Fears
 Dow Falls 104 on Dubai Fears 
markets

Dow Falls 104 on Dubai Fears

Global financial worries trump FedEx's optimistic outlook

(Newser) - Stocks fell hard today after prominent credit-rating agencies downgraded the sovereign debt of Dubai and Greece, stoking fears of national defaults, the Wall Street Journal reports.
  • The Dow fell 104 points to close at 10,286.
  • The Nasdaq lost 17 points to settle at 2,173.
  • The S&P 500
...

Dow Up 1 on Reports Fed Will Keep Rates Low

Traders not yet convinced by jobs data

(Newser) - Stocks gave up modest gains as today's session unfolded, with traders remaining defensive in response to reports the Fed will keep interest rates low for a while longer, the Wall Street Journal reports.
  • The Dow added 1.21 points to close at 10,390.11.
  • The Nasdaq fell 4.74,
...

Dow Seesaws on Jobs, Dollar, Then Closes Up 22

Jobs rally undercut by, dollar boom, sinking commodities

(Newser) - Stocks posted modest gains today after a morning rally off an unexpectedly strong jobs report. The surge lost steam when a rise in the dollar sapped commodity stocks, the Wall Street Journal reports.
  • The Dow rose 22.75 points to close at 10,388.90.
  • The Nasdaq added 21.21,
...

Stocks Surge on Jobs News
 Stocks Surge 
 on Jobs News 
Markets open

Stocks Surge on Jobs News

Better-than-expected unemployment news pleases traders

(Newser) - This morning's better-than-expected unemployment figures sent markets up in a hurry at the opening bell. The Dow rose about 130 points in the opening minutes on news that employers shed just 11,000 jobs in November, the fewest since 2007, notes MarketWatch . The figures brought the unemployment rate down to...

Dow Falls 87 Ahead of Jobs Report
 Dow Falls 87 Ahead 
 of Jobs Report 
MARKETS

Dow Falls 87 Ahead of Jobs Report

Tomorrow's data on November payrolls may be ugly

(Newser) - Stocks turned lower as service-sector activity contracted in October and traders awaited tomorrow's report on November payrolls, the Wall Street Journal reports.
  • The Dow fell 87 points to close at 10,366.
  • The Nasdaq lost 12 points, settling at 2,173.
  • The S&P 500 dropped 9 points, closing at
...

Dow Falls 19 on Jobs Data
 Dow Falls 19 on Jobs Data 
markets

Dow Falls 19 on Jobs Data

Private sector sheds 169,000 positions in November

(Newser) - Stocks were mixed today after UBS analysts issued bearish comments on leading financial firms and ADP announced that private-sector employment fell by 169,000 jobs in November, higher than forecast, the Wall Street Journal reports.
  • The Dow fell 19 points to close at 10,453.
  • The Nasdaq gained 9 points,
...

Dow Rises 127 as Dubai Fears Subside
 Dow Rises 127 as 
 Dubai Fears Subside 
MARKETS

Dow Rises 127 as Dubai Fears Subside

Dow fully recovers from Friday's emirate-fueled swoon

(Newser) - Stocks rallied today as investors grew less fearful that Dubai will default on its sovereign debt and a US housing forecast climbed to its highest level in 3 years, the Wall Street Journal reports.
  • The Dow rose 127 points to close at 10,472.
  • The Nasdaq added 31 points, settling
...

Financials Push Dow Up 35
 Financials Push Dow Up 35 
MARKETS

Financials Push Dow Up 35

Dow up 6.5% for November

(Newser) - A rally in financial stocks helped the major indexes overcome a slump in retail shares, pushing stocks to solid gains today and capping a 6.5% rise by the Dow in November, the Wall Street Journal reports. For the day:
  • The Dow rose 34.92 points to close at 10,
...

Dow Down 154 in Wake of Dubai Crisis
 Dow Down 154 
 in Wake of Dubai Crisis 
MARKETS

Dow Down 154 in Wake of Dubai Crisis

American exchanges follow worldwide markets into tailspin

(Newser) - The ripple effect from the Dubai debt crisis shook markets around the world today, with American exchanges rebounding from their morning lows but still registering significant losses, the Wall Street Journal reports.
  • The Dow dropped 154.48 points to close at 10,309.92
  • The Nasdaq fell 37.61 to
...

Dubai Knocks Dow Down 222 at Open
 Dubai Knocks Dow 
 Down 222 at Open 
MARKETs

Dubai Knocks Dow Down 222 at Open

Debt problems send stocks tumbling in short session

(Newser) - Stocks braced for a short but ugly Thanksgiving hangover, thanks to news of big debt problems in Dubai. The Dow tumbled 222 points at the open, while the S&P fell 25 and the Nadaq 57, reports the Wall Street Journal . While US traders were enjoying their turkey yesterday, global...

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