Dow Jones – News Stories About Dow Jones - Page 99

MARKETS

Apr 11, 2008 3:46 PM CDT

Markets Plunge on GE News

Dow drops 256 points after surprisingly weak earnings report

(Newser) - The markets went into a tailspin today after GE shares declined 13%—the company's worst performance since the 1987 crash, the Wall Street Journal reports. The Dow fell 256.56 points to close at 12,325.42, the Nasdaq dropped 61.46 points to 2,290.24, and the S&...

Techs Stand Tall in 'Relief Rally'

MARKETS

Apr 10, 2008 3:34 PM CDT

Techs Stand Tall in 'Relief Rally'

After days of dismal news, mixed reports enough to rouse investors

(Newser) - Stocks rallied despite a generally unfavorable climate today on positive news from Intel and Wal-Mart, though, with the exception of the Nasdaq, failed to hold on to session highs. The Nasdaq rose 29.58 to close at 2,351.70. The Dow, up triple-digits during the session, ended 54.72...

Stocks Fall on Dismal Earnings

MARKETS

Apr 8, 2008 3:38 PM CDT

Stocks Fall on Dismal Earnings

Housing data, WaMu bailout not helping investor confidence

(Newser) - Stocks fell today as the first-quarter earnings report season began with dismal results and a grim new report confirmed that the housing slump hasn't bottomed out, Bloomberg reports. Washington Mutual, freshly bailed out by TPG, led financials lower after it slashed its dividend 93%. The Dow fell 35.99 to...

Stocks Flat Despite WaMu Deal

MARKETS

Apr 7, 2008 3:36 PM CDT

Stocks Flat Despite WaMu Deal

Investors worry about bad news in coming earnings reports

(Newser) - Stocks were flat today after worries about coming first-quarter earnings reports kept a financial stocks rally from taking hold, MarketWatch reports. The Dow rose 3.01 to 12,612.42; the S&P 500 rose 2.14 to 1,372.54; and the Nasdaq was off 6.15 to close...

Resigned Markets End Mixed

MARKETS

Apr 4, 2008 4:07 PM CDT

Resigned Markets End Mixed

Bad employment data another signal of recession; still, indices up for week

(Newser) - Stocks ended mixed today as a commodities rally contrasted with disappointing employment news, the Wall Street Journal reports—though the major indices were up for the week. The Dow fell 16.61 to close at 12,609.42, up 3.2% for the week. The Nasdaq gained 7.68 points...

Stocks Post Small Gains Again

markets

Apr 3, 2008 3:41 PM CDT

Stocks Post Small Gains Again

Session mostly mixed amid nervousness about the economy

(Newser) - The markets finished with modest gains for the second consecutive session today. Investors, still digesting yesterday's testimony by Fed chief Ben Bernanke, shook off bad news on employment and got a lift from the tech sector. The Dow gained 20.20 points to finish at 12,626.03, the Nasdaq...

Stocks Rocket
to Start 2nd Quarter

MARKETS

Apr 1, 2008 3:51 PM CDT

Stocks Rocket to Start 2nd Quarter

Dow clears 70-year-old mark

(Newser) - The Dow leapt almost 400 points today, the best kickoff to a second quarter since 1938. Lehman Brothers and UBS announced plans to raise capital, cheering investors and convincing many that big banks can work through the credit crisis, Bloomberg reports. The Dow ended up 391.47 at 12,654....

Stocks Fall on Consumer Data

Markets

Mar 28, 2008 3:47 PM CDT

Stocks Fall on Consumer Data

Weekly losses for Dow and S&P

(Newser) - Stocks erased morning gains on poor consumer spending news to wrap up today's session in negative territory. The Dow and the S&P 500 racked up weekly losses of 1.2% and 1.1%, Bloomberg reports. The Dow fell 86.38 today to close at 12,216.08. The Nasdaq...

Stocks Dip on Tough Tech Day

MARKETS

Mar 27, 2008 3:28 PM CDT

Stocks Dip on Tough Tech Day

Oracle and Google news hurts markets

(Newser) - The markets fell today on weak news from the tech and financial sectors. The Dow dropped 120.16 points to 12,302.7, the Nasdaq fell 43.53 to 2,280.83, and the S&P closed down 15.36 at 1,325.77, MarketWatch reports. Disappointing results from bellwethers...

Why Close the Markets Today?

Mar 21, 2008 3:10 PM CDT

Why Close the Markets Today?

Observing Good Friday one reason; superstition about 1907 panic another

(Newser) - The Big Board is closed today—but the reason is open to some debate, Bloomberg reports. The last time the markets opened on Good Friday was 101 years ago, when they saw one of two huge crashes that made up the Panic of 1907. Fear of repeating that catastrophe may...

Dow Jumps 261, Ends Week Up

MARKETS

Mar 20, 2008 3:54 PM CDT

Dow Jumps 261, Ends Week Up

Eased worries on liquidity nearly erase yesterday's dive

(Newser) - Stocks enjoyed a steady rally today off of surprisingly good manufacturing data and renewed investor confidence in Fannie and Freddie Mae, achieving the first weekly gain in a month, since the market is closed tomorrow, the Wall Street Journal reports. The Dow rose 261.66 points, ending at 12,361....

Stocks Rebound, Countering Selloff in Financials

Market Update

Mar 17, 2008 10:17 AM CDT

Stocks Rebound, Countering Selloff in Financials

Bear Stearns buyout sends JP Morgan up, Lehman Brothers down

(Newser) - Stocks steadied after steep early morning losses today, with the Dow actually rising 1.06 points by mid-morning, the Wall Street Journal reports. But financials were still down big, as the Bear Stearns fire sale loomed large over the market. Lehman Brothers, down 22%, was hit the worst, other than...

Bear Bailout Invites the Bears

MARKETS

Mar 14, 2008 3:40 PM CDT

Bear Bailout Invites the Bears

Financial sell-off follows Fed's move, sends markets plummeting

(Newser) - News of the Bear Stearns bailout triggered a sell-off today as investors were reminded that the true depth and breadth of current credit problems remains uncertain, the Wall Street Journal reports. Bear Stearns stock closed at 30, down a breathtaking 47.4% on the day. The Dow fell 194.65...

Stocks Rally After Big Losses

MARKETS

Mar 13, 2008 4:01 PM CDT

Stocks Rally After Big Losses

Dow gains for the second straight day

(Newser) - Stocks rallied in the afternoon to recover big early losses, buoyed by a prediction from Standard & Poors that the end was in sight for banks' subprime writedowns. The Dow—at one point down more than 230 points—finished up 35.5 points to close at 12,145.74, MarketWatch...

Feds Outline New, Tougher Credit Rules

Mar 13, 2008 6:51 AM CDT

Feds Outline New, Tougher Credit Rules

Paulson pushes stricter standards for mortgage lenders

(Newser) - A panel led by Treasury Secretary Henry Paulson is seeking a major overhaul of rules affecting mortgage lenders and a credit market decimated by risky subprime loans and loose oversight, the Wall Street Journal reports. Among panel recommendations to be released today:

Strengthen mortgage lender and broker oversight
Establish licensing

...

Wow! Dow Climbs 400 Points

MARKETS

Mar 11, 2008 3:55 PM CDT

Wow! Dow Climbs 400 Points

Fed's plan sends stocks roaring

(Newser) - The Fed's plan to ease the credit crisis sent stocks roaring today; by the closing bell, the Dow was up by more than 400 points. Financials led the way, reports the Wall Street Journal, with massive gains by Citigroup and American Express. The Dow closed up 416.66 at 12,...

Murdoch 'More Pessimistic' About Economy

Mar 11, 2008 4:35 AM CDT

Murdoch 'More Pessimistic' About Economy

Downturn worse than expected by Rupe, who won't fight for Yahoo

(Newser) - The last month has made media boss Rupert Murdoch "a lot more pessimistic" about the outlook for the US economy, Reuters reports. Ad revenue is below expectations at his TV stations and newspapers and he expects "a temporary downturn for a year or so" at Dow Jones, the...

Financials, $108 Oil Sink Stocks

MARKETS

Mar 10, 2008 3:49 PM CDT

Financials, $108 Oil Sink Stocks

Crude shatters record price; recession fears prevail

(Newser) - US stocks fell today for a third consecutive day as fears of recession continued to spread, MarketWatch reports. With Ambac’s revival uncertain and Countrywide facing a possible securities fraud probe, shares of both financial giants plummeted, pressuring the overall market downward. The Dow lost 153.54 to close at...

Dow Falls 146, Sinks Below 12K

MARKETS

Mar 7, 2008 4:19 PM CST

Dow Falls 146, Sinks Below 12K

'A darned good imitation' of a recession

(Newser) - The markets seesawed and ultimately saw losses today as news of a bank boost by the Fed couldn't outweigh the Labor Department's grim February jobs report. The Dow lost 146.70, closing at 11,893.69, and the S&P 500 fell 10.97 to 1,293.37. The Nasdaq...

Dow Plummets 214 Points

MARKETS

Mar 6, 2008 3:44 PM CST

Dow Plummets 214 Points

Market ends at its lowest level in 18 months

(Newser) - The markets fell sharply today as the dollar hit a fresh low against the euro, oil prices hit a fresh high, and more bleak news on the housing front came to light, MarketWatch reports. The Dow plummeted 214.6 points to settle at 12,040.39, its lowest level in...