Dow Jones – News Stories About Dow Jones - Page 86

MARKETS

Jan 29, 2009 3:07 PM CST

226-Point Sell-Off Erases Rally

Nervousness builds ahead of January job report

(Newser) - Widespread layoffs and poor housing data spurred a sell-off in stocks that saw the Dow give back yesterday’s gains and more, MarketWatch reports. Weekly jobless claims rose 159,000 and new layoffs were announced at Allstate and Eastman Kodak, stoking fear ahead of next Friday’s January employment report....

Dow Up 201 on Fed News

MARKETS

Jan 28, 2009 3:10 PM CST

Dow Up 201 on Fed News

Obama plan for 'bad bank' inspires confidence

(Newser) - The Fed’s announcement today that it will keep target rates near zero sustained a rally led by financials, the Wall Street Journal reports. Financials continued to rise off the Obama administration’s plan to create a “bad bank” to buy toxic assets, with the Financial Select Sector Fund,...

Dow Up 58 On Mixed Data

MARKETS

Jan 27, 2009 3:22 PM CST

Dow Up 58 On Mixed Data

December existing-home sales rise 6.6%

(Newser) - Stocks ended higher for the third straight day today amid mixed financial news, the Finanical Times reports. Home prices sank, leading to a surge in sales, while consumer confidence remained low. A better-than-expected earnings report from AmEx led financials higher as the Dow closed up 58.70 points at 8,...

Dow Ticks Up 38 Amid Layoffs

MARKETS

Jan 26, 2009 3:16 PM CST

Dow Ticks Up 38 Amid Layoffs

Home sales report boosts stocks

(Newser) - Stocks closed with mild gains today even as US firms announced roughly 50,000 job cuts, the Wall Street Journal reports. The market was buoyed by a report that home sales are picking up as buyers take advantage of low prices. The Dow closed up 38.47 at 8,116....

Dow Ends Blah Week Down 45

MARKETS

Jan 23, 2009 3:42 PM CST

Dow Ends Blah Week Down 45

Financials see gains for the day

(Newser) - Stocks were mixed today as bargain buying in the financial sector bolstered some amid a torrent of poor earnings and outlooks from GE, Xerox, Harley Davidson, and AMD, MarketWatch reports. The Dow fell 45.24 points to close at 8,077.56. The Nasdaq gained 11.80, closing at 1,...

Dow Falls 105 on Banks, Tech

MARKETS

Jan 22, 2009 3:23 PM CST

Dow Falls 105 on Banks, Tech

Jobs and housing data also dismal

(Newser) - Poor economic data and turmoil in the banking and tech sectors pushed stocks lower today, MarketWatch reports. Bank of America fell 13.3% after CEO Ken Lewis dismissed John Thain amid mounting losses in the wake of BoA’s merger with Merrill Lynch. The Dow closed down 105.30 at...

Financials Kick Dow Up 279

MARKETS

Jan 21, 2009 3:22 PM CST

Financials Kick Dow Up 279

Stocks rebound after dismal Inauguration Day

(Newser) - A rebound in the financial sector today and qualified confidence in President Obama’s stimulus plan drove stocks to recover some of yesterday’s large losses, MarketWatch reports. The Dow gained 279.01 to close at 8,228.10. The Nasdaq added 66.21, closing at 1,507.07, and...

Dow Tumbles 332, Below 8,000

MARKETS

Jan 20, 2009 3:21 PM CST

Dow Tumbles 332, Below 8,000

Obama inauguration can't break Street's gloom

(Newser) - A spirit of optimism swept through America today as Barack Obama was sworn in—except on Wall Street, where financial trouble at home and in the UK sent the Dow below 8,000 for the first time since November, the Journal reports. The Dow fell 332.13 to close at...

Dow Gains 68 Despite Banks

MARKETS

Jan 16, 2009 3:29 PM CST

Dow Gains 68 Despite Banks

Options expirations cause market volatility

(Newser) - US stocks clawed back to gains today amid turmoil in the financial sector and volatile price swings stemming from the expiration of January options contracts, MarketWatch reports. Although 100 points off its open at midday, the Dow finished with a gain of 68.73, to 8,281.22. The Nasdaq...

Dow Up 12 After Dip Below 8K

MARKETS

Jan 15, 2009 3:38 PM CST

Dow Up 12 After Dip Below 8K

Banks' continued troubles unnerve investors

(Newser) - Stocks finished just barely in positive territory today, MarketWatch reports. Nervousness about US banks’ continued need for government funds dropped the Dow below 8,000, but bargain-hunters pushed the index higher, and it closed at 8,212.49, up 12.35 points on the day. The Nasdaq rose 22.20,...

Citi Paces Dow's 248-Point Drop

MARKETS

Jan 14, 2009 3:29 PM CST

Citi Paces Dow's 248-Point Drop

Economic news and financial upheaval mean losses for stocks

(Newser) - Financial shares led stocks to deep losses today as a set of economic reports did little to reassure investors, MarketWatch reports. Citigroup lost 23.05% on news it will shed several units, while an index fund of financial shares dropped nearly 5%. The Dow closed down 248.42 at 8,...

Dow Off 25 Amid Poor Earnings

MARKETS

Jan 13, 2009 3:33 PM CST

Dow Off 25 Amid Poor Earnings

Dismal reports expected from Liz Claiborne, GE and Lexmark

(Newser) - Stocks ended mixed today as the earnings season got off to a poor start. Alcoa’s $1.2 billion loss after yesterday’s close set the stage for a fifth consecutive down day for the Dow, the Wall Street Journal reports, with the index off 25.41 to close at...

Dow Drops 125
With Banks, Materials

MARKETS

Jan 12, 2009 3:27 PM CST

Dow Drops 125 With Banks, Materials

Market awaits Alcoa earnings after close

(Newser) - Stocks posted losses today as financial and basic-materials firms led losses, MarketWatch reports. Alcoa, which reports earnings after the bell, fell 7.32% on expectations the steel giant will report losses of 10 cents a share. The Dow closed down 125.13 at 8,474. The Nasdaq fell 32.80...

Dow Ends Bleak Week Off 143

MARKETS

Jan 9, 2009 3:26 PM CST

Dow Ends Bleak Week Off 143

Index down 4.8% since Monday

(Newser) - Stocks posted losses today as news that US unemployment hit 7.2% moved the markets to the finish of a dismal week, MarketWatch reports. The Dow lost 143.28 to close at 8,599.18, with losses perhaps limited because investors were expecting the bad jobs news. The Nasdaq fell...

Stocks Mixed on Retail News

MARKETS

Jan 8, 2009 3:32 PM CST

Stocks Mixed on Retail News

Wal-Mart falters, but Sears posts strong forecast

(Newser) - Stocks ended mixed today amid largely negative retail news and nervousness on unemployment, MarketWatch reports. Investors were shaken by poor December earnings and a reduced quarterly forecast posted by Wal-Mart, which managed to perform well through 2008. The Dow fell 27.24 to close at 8,742.46. The Nasdaq,...

Dow Down 245 on Jobs

MARKETS

Jan 7, 2009 3:24 PM CST

Dow Down 245 on Jobs

Investors nervous ahead of Friday's December employment report

(Newser) - Stocks piled on after this morning’s losses, with investors shaken by a grim jobs report and news of layoffs and slashed forecasts at Alcoa and Intel. Crude plunged $5.95, to $43.01 a barrel, after inventories rose more than forecast, MarketWatch reports. The Dow fell 245.40 to...

Dow Rises 62 Despite Data

MARKETS

Jan 6, 2009 3:27 PM CST

Dow Rises 62 Despite Data

Oil futures end a four-day rally

(Newser) - Stocks failed to hold on to session highs but made gains today amid a series of dismal, if not unexpected, economic reports. Oil futures ended a four-day rally, falling $0.23 to $48.59 a barrel after briefly topping $50, Marketwatch reports. The Dow added 62.21 points to close...

Dow Dips 81 on Autos, Building

MARKETS

Jan 5, 2009 3:20 PM CST

Dow Dips 81 on Autos, Building

Several wireless and financial firms fall after downgrades

(Newser) - Stocks fell today as the markets digested poor, but better-than-forecast, reports in auto sales and construction spending, the Wall Street Journal reports. Though the Dow rose to an 8-week high Friday, it fell 81.80 today to close at 8,952.89. The Nasdaq lost 4.18, closing at 1,...

Dow Clears 9,000 to Open '09

MARKETS

Jan 2, 2009 3:29 PM CST

Dow Clears 9,000 to Open '09

Market discounts poor manufacturing report

(Newser) - Stocks rallied in the first session of 2009, with energy stocks leading advances on a jump in crude oil prices, MarketWatch reports. GM rose after announced changes to GMAC policy expected to give prospective buyers more financing options. In light trading volume, the Dow climbed 258.30 points to close...

Dow Rises 108 to End Year

MARKETS

Dec 31, 2008 3:21 PM CST

Dow Rises 108 to End Year

Dow off 33%, S&P down 40% for 2008

(Newser) - Stocks posted gains in the last trading session of the year, but this two-day rally will do little to erase the indices' dismal record in 2008, MarketWatch reports. Amid light trading volume ahead of New Year's Day, the Dow gained 108 points to close at 8,776. The Nasdaq closed...