Dow Jones – News Stories About Dow Jones - Page 87

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...

Dow Rises 184 on GMAC News

MARKETS

Dec 30, 2008 3:32 PM CST

Dow Rises 184 on GMAC News

Dow rises 184 despite drops in home prices, consumer confidence

(Newser) - Stocks rose today as investors were encouraged by the extension of at least $5 billion in bailout money to the financing division of General Motors, MarketWatch reports. GMAC said the aid would allow it to offer loans to more US consumers seeking to buy vehicles. The Dow gained 184.46...

Dow Drops 32; Crude Rises

MARKETS

Dec 29, 2008 3:27 PM CST

Dow Drops 32; Crude Rises

Rohm & Haas, Dow Chemical fall on scuttled Kuwait deal

(Newser) - Stocks saw light losses today as news of trouble in Rohm & Haas’ acquisition of Dow Chemical hurt materials and crude staged a comeback on renewed Middle East tension, MarketWatch reports. The Dow closed down 31.62 points at 8,483.93. The Nasdaq fell 19.92 to close at...

Dow Gains 47 in Light Trading

MARKETS

Dec 26, 2008 3:29 PM CST

Dow Gains 47 in Light Trading

Dow up 47; GM advances after GMAC decision

(Newser) - Stocks edged higher today on very thin post-holiday trading volume, with energy firms seeing a boost from crude-oil prices that broke a 4-day losing streak, MarketWatch reports. The Dow gained 47.07 to close at 8,515.55. The Nasdaq climbed 5.34, settling at 1,530.24, and the...

Dow Gains 49 Before Holiday

MARKETS

Dec 24, 2008 12:34 PM CST

Dow Gains 49 Before Holiday

(Newser) - Stocks posted modest gains today amid light holiday trading, the Wall Street Journal reports. Drops were reported in orders for durable goods and consumer spending, but they were smaller than expected. The Dow closed up 48.99 points at 8,468. The Nasdaq gained 3.36 points to settle at...

Dow Falls 100 on Gloomy Data

MARKETS

Dec 23, 2008 3:20 PM CST

Dow Falls 100 on Gloomy Data

GM, Ford fall on ratings downgrades

(Newser) - Stocks fell today amid light holiday-week trading as reports on housing and the economy reminded investors how horrid the year has been, the Wall Street Journal reports. The Dow closed down 100.28 points to close at 8,419.49. The Nasdaq fell 10.81 points to close at 1,...

Dow Sheds 59 on Ugly Reports

MARKETS

Dec 22, 2008 3:20 PM CST

Dow Sheds 59 on Ugly Reports

Indices decline on bad news from Toyota, Walgreens

(Newser) - Stocks fell today after Toyota warned of looming losses and Walgreen announced a reduction in profit, MarketWatch reports. Amid light trading volume, the Dow dropped 59.42 to close at 8,519.69, the Nasdaq fell 31.97, closing at 1,532.35, and the S&P 500 shed 16....

Stocks Begin
Holiday Week Mixed

MARKET OPEN

Dec 22, 2008 9:17 AM CST

Stocks Begin Holiday Week Mixed

Fed cuts, auto loan offer boost

(Newser) - Stocks opened mixed today after China cut interest rates and Toyota predicted its first loss in 71 years, the Wall Street Journal reports. Toyota’s US shares dropped 3% after its bleak forecast, and General Motors (16%) and Ford (7%) both fell. The Dow ticked up after the bell but...

Stocks End Mixed; Dow Up 25

MARKETS

Dec 19, 2008 3:45 PM CST

Stocks End Mixed; Dow Up 25

Good news from RIM, Oracle help lift tech sector

(Newser) - Stocks ended mixed today as a rally on the news of a White House bailout for the auto industry fizzled over concerns for the larger economy, MarketWatch reports. General Motors led advancing stocks with a 22.7% gain, and the Dow closed up 25.88 at 8,579.11. The...

Oil Skids; Dow, Off 219, Follows

MARKETS

Dec 18, 2008 3:36 PM CST

Oil Skids; Dow, Off 219, Follows

Weak data, contract expirations stoke selloff

(Newser) - Stocks fell today as oil futures declined, the jobs picture remained grim, and two of the Detroit’s Big Three announced production stops due to lack of funds, MarketWatch reports. The imminent expiration of options and futures contracts also bedeviled the markets, and the Dow closed down 219.35 at...

Dow Off 100 as Rate Rally Dies

MARKETS

Dec 17, 2008 3:27 PM CST

Dow Off 100 as Rate Rally Dies

Stocks fall on poor earnings, more job cuts

(Newser) - Stocks turned lower as jubilation over the Fed’s rate cut yesterday died down and concerns about the slumping economy returned today, the Wall Street Journal reports. Losses by Morgan Stanley and Goldman Sachs dragged financials lower. The Dow closed down 99.80 at 8,824.34. The Nasdaq fell...

Dow Jumps 359 on Rate Cut

MARKETS

Dec 16, 2008 3:23 PM CST

Dow Jumps 359 on Rate Cut

Hopes that financials may soon be clear of bad debt also buoys sentiment

(Newser) - Stocks rallied today as investors cheered the Federal Reserve’s sharp federal funds rate cut and other policy measures designed to combat the economic crisis, the Wall Street Journal reports. The Dow rose 359.61 to close at 8,924.14. The Nasdaq climbed 81.55, closing at 1,589....

One Year On:
Murdoch Dances,
News Corp Mourns

Dec 16, 2008 7:42 AM CST

One Year On: Murdoch Dances, News Corp Mourns

Purchase of Dow Jones came at worst possible time

(Newser) - Those hesitant Bancrofts who sold the Wall Street Journal to Rupert Murdoch last year have something to smile about this Christmas. Murdoch may be delighted with his new toy, but News Corp.'s share price has plunged 61%, farther than even perennial underperformer Time Warner. One year after its acquisition...

Financials Push Dow Off 65

MARKETS

Dec 15, 2008 3:24 PM CST

Financials Push Dow Off 65

US industrial output falls for November

(Newser) - Stocks lost value today as investors await tomorrow’s meeting of the Federal Reserve’s interest-rate committee, and digested various bits of bad news on financial firms and manufacturing, MarketWatch reports. The Dow fell 65.15 to 8,564.53. The Nasdaq lost 32.38, closing at 1,508.34,...

Nervous Dow Rises 70

MARKETS

Dec 10, 2008 3:24 PM CST

Nervous Dow Rises 70

Commodities, financials move in opposite directions

(Newser) - Markets ended with modest gains today as commodities got a boost and financials dropped, the Wall Street Journal reports. Meanwhile, fears over the struggling auto bailout spurred some flip-flopping, Bloomberg notes. The Dow rose nearly 190 points before settling down to finish up 70 points. The S&P climbed 11...

Dow Down 242 on Auto Doubts

MARKETS

Dec 9, 2008 3:27 PM CST

Dow Down 242 on Auto Doubts

Uncertainty over bailout details gives rally a flat tire

(Newser) - Yesterday’s gains in the market, buoyed by the probable Detroit bailout, slipped away today as details remained uncertain, the Wall Street Journal reports. Though investors are still optimistic about the president-elect’s infrastructure initiative’s impact on raw goods and energy, that sector couldn’t carry the market. The...

Dow Up 299 on Stimulus, Autos

MARKETS

Dec 8, 2008 3:17 PM CST

Dow Up 299 on Stimulus, Autos

Industries likely to benefit from Obama building plan see gains

(Newser) - Stocks rallied today, led by automakers, which look ever likelier to get a federal bailout, and industrial firms expected to benefit from President-elect Barack Obama’s proposed public-works programs, MarketWatch reports. The Dow gained 298.76 to close at 8,934.18. The Nasdaq rose 62.43, closing at 1,...

In Poor Economic
Climate, Whiskey Sells

EARNINGS REPORT

Dec 5, 2008 5:16 PM CST

In Poor Economic Climate, Whiskey Sells

(Newser) - Amid dire economic projections, the maker of Jack Daniel’s Tennessee whiskey is having a banner year, the LA Times reports. “We had a nice quarter,” Brown-Forman’s CEO said of sales and income that bested Wall Street estimates. Even a bad employment report today couldn’t sink...

Insurer Leads 259-Point Surge

MARKETS

Dec 5, 2008 3:29 PM CST

Insurer Leads 259-Point Surge

Stocks manage to stay afloat despite terrible jobs report

(Newser) - Stocks rallied at the end of the session today despite a grim November jobs report that showed unemployment rising to 6.7%, MarketWatch reports. Insurer Hartford Financial led financials higher after announcing that its business were doing better than it had expected. The Dow rose 259.18 to close at...

Dow Loses 215 on Job Cuts

MARKETS

Dec 4, 2008 3:16 PM CST

Dow Loses 215 on Job Cuts

Retailers miss estimates as consumer rein in spending

(Newser) - The markets lost value today amid data that unemployment is growing, and poor sales reports from retailers, MarketWatch reports. Traders are bracing for the worst ahead of the November jobs report, due tomorrow. The Dow fell 215.45, closing at 8,376.24. The Nasdaq dropped 46.82 to settle...