stock market – News Stories About stock market - Page 142

MARKETS

Aug 14, 2009 3:19 PM CDT

Dow Off 77 on Consumer Data

(Newser) - Stocks dipped today on worse-than-expected information about consumer sentiment, the Wall Street Journal reports. A Reuters index dropped 3 points instead of the anticipated 2-point rise. A downward spiral has been evident since the Fed announced it would not raise interest rates Wednesday. “A day like today has been...

Dow Cools, Still Rises 34

MARKETS

Aug 4, 2009 3:17 PM CDT

Dow Cools, Still Rises 34

(Newser) - Yesterday’s rally segued into a regular day today as markets remained mostly flat on mixed economic data, the Wall Street Journal reports. Home sales were up, but incomes down, and an expected report on rising US oil reserves hurt energy stocks. “It's a day of consolidation after we've...

Dow Up 115 on Manufacturing

MARKETS

Aug 3, 2009 3:11 PM CDT

Dow Up 115 on Manufacturing

Oil hits $71.2 a barrel, highest price in a month

(Newser) - Stocks rallied today on signs of a turnaround for US manufacturing, the Wall Street Journal reports. Oil rose $2.13, to $71.27 per barrel, its highest price in a month, and banks HSBC and Barclays reported strong quarterly earnings. The Dow closed up 114.95 to settle at 9,...

Upbeat Earnings Have CEOs Singing Rebound

Jul 31, 2009 7:20 AM CDT

Upbeat Earnings Have CEOs Singing Rebound

(Newser) - CEOs and investors have springs in their steps. After a week full of positive earnings reports, many now believe worst is over, the Wall Street Journal reports. Yesterday saw a slew of reports that matched or beat estimates, including Motorola, Goodyear, Sony, and Kellogg Co. The economy “has found...

Dow Climbs 84, Hits '09 High

MARKETS

Jul 30, 2009 3:11 PM CDT

Dow Climbs 84, Hits '09 High

(Newser) - Good earnings reports and stellar performance by General Electric had markets at 2009 highs for a time today, the Wall Street Journal reports. “We have gotten so close to the S&P 1,000 level, you just sort of sense that unless there’s a horrible GDP number tomorrow,...

Dow Slips 26 as Oil Prices Fall

MARKETS

Jul 29, 2009 3:13 PM CDT

Dow Slips 26 as Oil Prices Fall

(Newser) - Markets were off today on plunges in the energy and manufacturing sectors brought on by falling oil prices, the Wall Street Journal reports. A poorly received auction of T-notes also did little to inspire confidence. The world’s largest steelmaker, ArcelorMittal, slipped 7% on a larger than expected loss, and...

Ultra-Fast Computers
Corner Stock Market

Jul 24, 2009 2:52 AM CDT

Ultra-Fast Computers Corner Stock Market

(Newser) - Traders using high-speed computers are making billions of dollars and leaving the rest of the stock market in the dust, the New York Times reports. "High-frequency" traders, who use algorithms to make millions of trades in microseconds, have helped big banks and hedge funds bounce back quickly, but critics...

Home Sales Send Dow
Over 9,000

MARKETs

Jul 23, 2009 10:22 AM CDT

Home Sales Send Dow Over 9,000

(Newser) - The Dow Jones industrials are back above 9,000 today for the first time since the beginning of January. A report of a jump in home sales eased investors' worries about one of the economy's biggest trouble spots. They responded by buying stocks across the market, lifting the major indexes...

Dow Falls 35 on Energy Fears

MARKETS

Jul 22, 2009 3:13 PM CDT

Dow Falls 35 on Energy Fears

(Newser) - Markets were off today as falling oil prices put the press on the energy sector and Wall Street took a stern look at the recent rally, the Wall Street Journal reports. Though tech stocks surged, bringing NASDAQ up, oil prices were off and health care concerns tumbled. The financial sector...

Economy Is
on an Upswing,
Says Dr. Doom

Jul 17, 2009 6:31 AM CDT

Economy Is on an Upswing, Says Dr. Doom

Roubini predicts end to recession, sends markets jumping

(Newser) - The financial crisis is over and the worst of the recession is behind us, writes Nouriel Roubini, the extremely pessimistic economist who was among the few who predicted the scale of the downturn. "The light at the end of the tunnel is for once not an incoming train,"...

Dow Up 96 Despite CIT Woes

MARKETS

Jul 16, 2009 3:16 PM CDT

Dow Up 96 Despite CIT Woes

Rally extends into 4th day on Roubini comments, tech optimism

(Newser) - Stocks gained today as the tech sector continued to inspire and economist Nouriel Roubini predicted a recovery in late 2009, the Wall Street Journal reports. Though the looming bankruptcy of CIT Group depressed stocks most of the day, financials were able to trim losses before the close. The Dow rose...

Tech Rally Sends Dow Up 257

MARKETS

Jul 15, 2009 3:13 PM CDT

Tech Rally Sends Dow Up 257

(Newser) - The tech sector drove a substantial market rally today led by rosy projections from chipmaker Intel, the Wall Street Journal reports. Other technology stocks followed Intel—up 7.5%—as investors predicted a resurgence of the consumer electronics market. Good news from the Fed and the credit industry also helped...

Stocks Soar on Intel Earnings

MARKET open

Jul 15, 2009 8:47 AM CDT

Stocks Soar on Intel Earnings

(Newser) - Tech stocks soared at the open today, taking major indexes with them, after a strong quarter and upbeat outlook from Intel, the Wall Street Journal reports. The Dow rose 100 points, while the Nasdaq added 30 points and the S&P 11.45 points. Intel was up 7.5% pre-market....

Economic Muck Gives GOP Hope for New Blood in 2010

Jul 9, 2009 9:18 AM CDT

Economic Muck Gives GOP Hope for New Blood in 2010

Candidate recruitment up amid bad news for Dems

(Newser) - As bad economic reports keep coming, Republicans are seeing candidate recruitment soar, the Hill reports. The party has had “probably its first good couple weeks in four years,” says an analyst, fueled in large part by rising unemployment and sinking stocks. Meanwhile, Democrats have lost top Senate candidate...

Stocks Mixed; Dow Up 15

MARKETS

Jul 8, 2009 3:21 PM CDT

Stocks Mixed; Dow Up 15

Investors show caution as 2nd-quarter earnings season beings

(Newser) - Stocks were mixed today as investors await companies' second-quarter reports. Shares of Alcoa, which kicks off the earnings season with a report after the close, fluctuated but closed slightly higher. The Dow finished up 15 points at 8,178, reports the Wall Street Journal. The Nasdaq gained 1 point to...

Stocks Plummet on Jobs Data

MARKET Open

Jul 2, 2009 8:46 AM CDT

Stocks Plummet on Jobs Data

(Newser) - Stocks tumbled at the open today after a worse-than-expected drop in June payroll figures, the Wall Street Journal reports. The Dow sunk 135 points, while the Nasdaq and S&P fell 1.8% and 1.6%, respectively. The economy shed 467,000 non-farm jobs in June; economists had predicted a...

Dow Up 57 on Housing Data

MARKETS

Jul 1, 2009 3:14 PM CDT

Dow Up 57 on Housing Data

(Newser) - Markets were up today on a surging food sector and good data from the manufacturing and housing industries, the Wall Street Journal reports. A key manufacturing activity index jumped from May to June, and an indicator of pending home sales also climbed for the fourth straight month. Amid the gains,...

Dow Up 173 on Housing, Retail

MARKETS

Jun 25, 2009 3:08 PM CDT

Dow Up 173 on Housing, Retail

(Newser) - Markets rallied today on positive news from the retail and housing sectors, the Wall Street Journal reports. Major builders saw stocks go up as much as 15%, leading some to predict an end to the crisis in the housing market. In retail, meanwhile, companies such as Bed Bath and Beyond...

Dow Off 23 on Fed Rate News

MARKETS

Jun 24, 2009 3:09 PM CDT

Dow Off 23 on Fed Rate News

(Newser) - Markets were mixed today as positive economic indicators and surging tech stocks battled with a Fed announcement that interest rates would be held near zero, the Wall Street Journal reports. The Dow lost early momentum, but the Nasdaq flourished. “We’ve basically come through a panic phase,” an...

Buffett: Economy Still
in 'Shambles'

Jun 24, 2009 2:32 PM CDT

Buffett: Economy Still in 'Shambles'

It'll take a while to 'wring out excesses'

(Newser) - The US economy is still in “shambles” even though the crisis in the financial system has abated, Warren Buffett told CNBC today. “It takes a while,” the investor said. “There were a lot of excesses to be wrung out and that process is still underway.”...