stock market – News Stories About stock market - Page 145

Market Open

May 14, 2009 8:53 AM CDT

Stocks Flat as Jobless Ranks Grow

(Newser) - Stocks crept slightly higher today, with the Dow up 22 points and the Nasdaq and S&P up 10.42 and 2.48 respectively. Wal-Mart gained 1% on an earnings report precisely in line with expectations, and Kohl’s better-than-expected number sent it up 2%. But any optimism was offset...

Dow Off 184 on Consumer Woes

MARKETS

May 13, 2009 3:09 PM CDT

Dow Off 184 on Consumer Woes

(Newser) - The ugly news on consumer spending cast a pall over Wall Street throughout today’s session, the Financial Times reports, pushing all three major indices down more than 2%. The unexpected dip in retail sales was particularly hard on retailers Target, Lowe’s, and Office Depot. The Dow finished off...

Stocks Hit Sales Record
in Recovery Harbinger

ANALYSIS

May 13, 2009 10:00 AM CDT

Stocks Hit Sales Record in Recovery Harbinger

(Newser) - May has already been the busiest month ever in new share offers from publicly traded companies, the Wall Street Journal reports. The $54.9 billion in sales this year put the market at a level of activity not seen since 2000. “It’s an indication that the healing process...

Stocks Plunge
as Retail Sales
Disappoint

MARKET Open

May 13, 2009 8:49 AM CDT

Stocks Plunge as Retail Sales Disappoint

(Newser) - Stocks sunk swiftly at the open after disappointing sales reports from retailers. The Dow tumbled 160 points, while the Nasdaq and S&P fell 1.5% and 2.1% respectively. Retail sales were down a more-than-expected 0.4% in April, from a revised-downward 1.3% drop in March. RealtyTrac also...

This Rally Is for Suckers, Courtesy of the Fed

OPINION

May 12, 2009 9:37 AM CDT

This Rally Is for Suckers, Courtesy of the Fed

(Newser) - The Dow has soared a whopping 30% since March 9, but Andy Kessler doesn’t think the good times are here again. “This sure smells to me like a sucker’s rally,” he writes in the Wall Street Journal. Earnings aren’t up. The market is just responding...

Stocks Flat in Bull/Bear Standoff

MARKET Open

May 12, 2009 8:49 AM CDT

Stocks Flat in Bull/Bear Standoff

(Newser) - Stocks ran in place this morning, as bulls and bears debated whether the market could keep the good times flowing. The Dow rose 20 points while the S&P and Nasdaq barely budged. Markets plunged yesterday as banks issued new stock offerings. Ford announced another such offer today, and saw...

GOP Rep. Says Obama Wants You Unemployed

May 12, 2009 7:48 AM CDT

GOP Rep. Says Obama Wants You Unemployed

Dems chuckle at Pete Sessions' 'bizarre conspiracy theory'

(Newser) - Democrats leapt all over GOP Rep. Pete Sessions yesterday for the "bizarre conspiracy theory" the veteran Texas congressman expressed to the New York Times in an interview over the weekend. Sessions told the Times President Obama actually wanted to "diminish employment and diminish stock prices" in a "...

Ford Sells Shares to Raise Cash

May 12, 2009 7:09 AM CDT

Ford Sells Shares to Raise Cash

(Newser) - Eager to shore up its cash reserves, stave off bankruptcy, and further distance itself from its struggling rivals, Ford Motor Co. will offer 300 million shares in a public offering this week, the Wall Street Journal reports. Ford thinks the offering will raise investor confidence, bringing in buyers who’ve...

Banks to Sell Stock to
Repay TARP

May 11, 2009 11:43 AM CDT

Banks to Sell Stock to Repay TARP

(Newser) - Hoping to take advantage of the up market, Capital One, US Bancorp, and a handful of other financial institutions are planning to sell a combined $7 billion worth of stock, the Wall Street Journal reports. Some of the resulting funds would be used to repay TARP money, getting the banks...

Stocks, Commodities Plunge

MARKET Open

May 11, 2009 8:57 AM CDT

Stocks, Commodities Plunge

(Newser) - Stocks plunged at the open, as banks sold shares to raise capital, and consumer and commodity stocks took a pounding, the Wall Street Journal reports. The Dow was down 140, the Nasdaq down 1.8% and the S&P off 2.1. Oil producers were hit hard as crude fell...

Investors Rush Back Into
Risky Emerging Markets

May 11, 2009 6:56 AM CDT

Investors Rush Back Into Risky Emerging Markets

After a season of defensive investing, money flows to developing economies

(Newser) - The economic slump may not be over, but investors are piling on risk in emerging markets, driving up stocks in developing nations as they seek the large rebounds that will accompany a global turnaround, the Wall Street Journal reports. The week ending May 6 saw some $4 billion flow to...

Don't Celebrate Yet,
Stock Market

OPINION

May 8, 2009 12:11 PM CDT

Don't Celebrate Yet, Stock Market

(Newser) - Don’t get too excited by the stock market’s recent rally. Stocks may go up another 10%-20% this year, says analyst Jeremy Grantham, but after that the market will crash again, and stay that way for years. “We've lost our shirts and we feel poor,” explains Henry...

Stocks Shrug Off Job Report

MARKET Open

May 8, 2009 8:47 AM CDT

Stocks Shrug Off Job Report

(Newser) - Stocks jumped out of the gate this morning, untroubled by the latest job report. The Dow was up 99 points, while the S&P and Nasdaq rose 1% and 1.2%, respectively. The economy lost 539,000 jobs last month, sending unemployment to 8.9%, according to the Labor Department’...

Stocks Up on Sunny Jobs Data

Market Open

May 7, 2009 8:43 AM CDT

Stocks Up on Sunny Jobs Data

(Newser) - Stocks were up again this morning, after promising unemployment numbers, the Wall Street Journal reports. The Dow rose 53 points, while the Nasdaq and S&P advanced 0.5% and 1% respectively. Wal-Mart reported a strong quarter, pulling retail stocks higher, while banks shot up ahead of stress test results....

Stocks Climb on ADP Report

MARKET Open

May 6, 2009 8:51 AM CDT

Stocks Climb on ADP Report

(Newser) - Stocks headed north at the open today as a better-than-expected ADP report outweighed Bank of America's poor "stress test" grade, reports the Wall Street Journal. The Dow rose 64 points, while the Nasdaq and S&P added 9.26 and 8.97 points respectively. Bank of America rose 6%...

Brokers Bail on Wall Street

May 6, 2009 2:46 AM CDT

Brokers Bail on Wall Street

Commissions shrinking as investors turn away from stocks

(Newser) - A rising number of stock brokers are abandoning the industry as markets fall and commissions dry up, the Wall Street Journal reports. More brokers have already departed this year than in any of the last 15 years, and experts expect the exodus to continue as investors shift assets out of...

Stocks Flat After Big Rally

MARKET Open

May 5, 2009 8:47 AM CDT

Stocks Flat After Big Rally

(Newser) - Stocks caught their breath this morning after a huge run yesterday that left the S&P in the black for the year. Stocks were mostly flat, with the Dow fluctuating between gains and losses, while the S&P inched down 0.2% and the Nasdaq 0.5%. Kraft rose 4%...

Stocks Inch Higher
as Reports Loom

MARKET Open

May 4, 2009 8:44 AM CDT

Stocks Inch Higher as Reports Loom

(Newser) - Stocks were modestly higher at the open, with the Dow up 58 points, and the Nasdaq and S&P each up 0.6%. But traders were focused on upcoming reports, including the results of the stress tests and Friday’s all-important payrolls report. Airline stocks got a boost, with Delta...

Stocks Flat After Strong April

MARKET Open

May 1, 2009 8:43 AM CDT

Stocks Flat After Strong April

(Newser) - Stocks began the month without much fanfare this morning, with the major indexes little changed in early trading, the Wall Street Journal reports. Earnings were generally negative, with MasterCard down 5% after profit fell 18%, and Hartford Financial Services plunging 14% after reporting a $1.21 billion loss. Last month...

Earnings Send Stocks Higher

MARKET Open

Apr 30, 2009 8:42 AM CDT

Earnings Send Stocks Higher

(Newser) - Stocks surged at the open, as better-than-expected earnings buoyed hopes that the economy is ready for a comeback, the Wall Street Journal reports. The Dow was up 71 points, while the S&P and Nasdaq rose 8 and 20 points, respectively. Earnings reports have been surprisingly good this quarter; about...