stock market – News Stories About stock market - Page 147

MARKET Open

Apr 6, 2009 8:57 AM CDT

Stocks Slide Ahead of Earnings

(Newser) - Stocks turned south this morning, as a series of downgrades and bad news for the Sun/IBM deal spooked investors ahead of earnings season, the Wall Street Journal reports. The Dow dropped 92, the S&P 12. Financials sank after a veteran analyst downgraded 11 major US banks. The Nasdaq fell...

Bears Lurk in
Markets' Bounce: Analysts

Apr 3, 2009 4:58 PM CDT

Bears Lurk in Markets' Bounce: Analysts

(Newser) - The ongoing rally in global financial markets could be setting investors up for another crash, analysts tell the Financial Times, warning that it could be a so-called “bear market bounce.” The fact that financial stocks, which took a beating as markets tumbled, are leading the uptick is particularly...

Stocks Flat After Jobs Data

MARKETs open

Apr 3, 2009 8:48 AM CDT

Stocks Flat After Jobs Data

(Newser) - Stocks ran out of gas at the open today, as investors digested a grim jobs report. The Dow and S&P were essentially flat, the Wall Street Journal reports, while the Nasdaq inched higher, on strong earnings from Research in Motion. The BlackBerry maker posted a 26% gain in earnings...

Dow Up 270 on G20 Hopes

MARKET Update

Apr 2, 2009 8:55 AM CDT

Dow Up 270 on G20 Hopes

(Newser) - Stocks shot higher this morning, as the G20 conference and a European Central Bank interest rate cut spurred optimism. The Dow was recently up 271 points, while the S&P and Nasdaq have each climbed more than 3.5%. Financials got a boost, as investors bet on a relaxing of...

Stocks Dive on Jobs Report

MARKET Open

Apr 1, 2009 8:42 AM CDT

Stocks Dive on Jobs Report

(Newser) - A worse-than-expected jobs report sent stocks tumbling at the open today. The Dow careened down 125 points, while the S&P and Nasdaq sunk 1.8% and 1.9%, respectively. The private sector lost 742,000 jobs in March, according to a new ADP report. Investors were also nervous about...

Stocks Rebound
on Q1's Last Day

Market Open

Mar 31, 2009 8:45 AM CDT

Stocks Rebound on Q1's Last Day

(Newser) - Stocks tried to end the quarter on a positive note this morning, taking back some of what they lost in yesterday’s sell-off. The Dow added 75 points, while the Nasdaq and S&P were up 1% and 1.4% respectively. GM wasn’t in on the rally though; its...

Dow Drops Nearly 300
on Auto Bailout News

MARKET update

Mar 30, 2009 8:46 AM CDT

Dow Drops Nearly 300 on Auto Bailout News

(Newser) - Stocks hit the brakes hard this morning, after the Obama administration’s auto task force panned GM and Chrysler’s proposed reconstruction plans. The Dow was down 298 points by late morning, while the S&P and Nasdaq had tumbled 59 and 31 points respectively. GM plummeted 25%, falling below...

Stocks Pull Back

MARKET open

Mar 27, 2009 8:49 AM CDT

Stocks Pull Back

(Newser) - Stocks gave back much of yesterday’s gains at the open, with the Dow tumbling 125 points, while the S&P and Nasdaq lost 1.8% and 1.7%, the Wall Street Journal reports. Investors are focusing on today’s meeting between banking executives and President Obama, sending bank shares...

This Rally May Be the Real Deal

OPINION

Mar 26, 2009 9:07 AM CDT

This Rally May Be the Real Deal

Positive indicators, better policy, historical benchmarks; the time is right for a bottom

(Newser) - The tentative rally on Wall Street is reason enough for one economist to feel hopeful: "I’m ready to take another shot at calling the bottom," writes Michael Mandel in BusinessWeek. Since (apparently) bottoming out March 9, stocks have risen 20%, and the reasons behind the climb are...

Stocks Keep Rally Going

MARKET Open

Mar 26, 2009 8:48 AM CDT

Stocks Keep Rally Going

(Newser) - Stocks headed higher at the open, as bulls bet that this rally will last. The Dow rose 95 points, powered by a 10% gain for GM, while the S&P and Nasdaq added 1.5% and 2%, respectively. That came despite some negative economic news: Initial jobless claims rose 8,...

Stocks Up on Durables Report

Market Open

Mar 25, 2009 8:45 AM CDT

Stocks Up on Durables Report

(Newser) - Stocks switched back into climbing mode this morning, after a better-than-expected durable goods report. The Dow rose 76 points, bolstered by GE's 4% surge, while the Nasdaq and S&P each gained about 1%. Durable goods orders rose 3.4% in February, defying analyst expectations of a 2% decline. But...

Stocks Pull Back Off Huge Rally

Market Open

Mar 24, 2009 8:44 AM CDT

Stocks Pull Back Off Huge Rally

(Newser) - Stocks pulled back this morning off yesterday’s heady rally. The Dow sank 77 points, after skyrocketing nearly 500 points in yesterday’s session. The S&P and Nasdaq dropped 1.3% and 1.4% respectively. AIG was the big story, with Timothy Geithner and Ben Bernanke set to testify...

Stocks Soar 300+
on Geithner Plan

UPDATED

Mar 23, 2009 8:51 AM CDT

Stocks Soar 300+ on Geithner Plan

(Newser) - Stocks sprinted out of the gates today, the Wall Street Journal reports, spurred by the Treasury’s long-awaited toxic asset plan. The Dow was up 316 just after noon, while the Nasdaq and S&P 500 added 4.1% and 4.5%, respectively. Banking stocks were the biggest winners, with...

Stocks Inch Up; Volatility Likely

MARKET oPEN

Mar 20, 2009 8:44 AM CDT

Stocks Inch Up; Volatility Likely

(Newser) - Stocks advanced by inches this morning, as investors remained cautious about the Federal Reserve’s latest recovery moves, the Wall Street Journal reports. The Dow rose 25 points, while the Nasdaq rose 0.5% and the S&P crawled up 0.2%. But that calm probably won’t last long—...

Dow Drops 86 on Financials

MARKETS

Mar 19, 2009 3:23 PM CDT

Dow Drops 86 on Financials

(Newser) - Financial stocks led declines today as the boost from the Fed’s announcement of new plans to lower lending costs faded, the Wall Street Journal reports. Citigroup and Bank of America shares both fell at least 10%, giving back recent gains. Crude oil rallied to $50.80 a barrel, the...

Stocks Head Higher on Job Data

MARKET Open

Mar 19, 2009 8:40 AM CDT

Stocks Head Higher on Job Data

(Newser) - Stocks headed slightly higher at the open, as commodities rallied and investors cheered better-than-expected jobless claims numbers. The Dow rose 31 points, and the S&P and Nasdaq were up 0.9% and 0.8% respectively. Initial jobless claims fell 12,000 last week, though the four-week moving average rose...

Stock Rally Screeches to Halt

MARKET Open

Mar 18, 2009 8:42 AM CDT

Stock Rally Screeches to Halt

(Newser) - Stocks took a turn for the worse at the open today, heading south after yesterday’s rally. The Dow fell 67 points, while the S&P declined 0.8%. The Nasdaq fell 0.5%, but component Sun Microsystems soared 65% on news IBM might acquire it. Investors are anxiously awaiting...

Stocks Wave Off Housing Surge

MARKET Open

Mar 17, 2009 8:50 AM CDT

Stocks Wave Off Housing Surge

(Newser) - Stocks settled into a holding pattern at the open today, as optimism over a rosy housing report was tempered by a dividend cut from Alcoa. Stocks vacillated between gains and losses, with the Dow recently down 28, while the S&P fell about 2 points and the Nasdaq rose 5....

Stocks Keep Climbing, Up 70

MARKET Open

Mar 16, 2009 8:41 AM CDT

Stocks Keep Climbing, Up 70

(Newser) - Stocks kept up their steady climb at the open, building on last week’s 9% rally. The Dow was up 70 points in early trading, while the S&P added 1.2% and the Nasdaq a more modest 0.5%. Those gains followed nice rallies overseas, with the Nikkei up...

Forget Jon's Rage: Analyze the Market

OPINION

Mar 14, 2009 3:34 PM CDT

Forget Jon's Rage: Analyze the Market

Stewart's attack on Cramer aside, stocks can give good returns

(Newser) - Hammering Jim Cramer on TV the other night, Jon Stewart bemoaned the fate of his 75-year-old mother: “She bought into the idea that long-term investing is the way to go. And guess what?” Cramer replied, “It didn’t work.” And for many Americans, that was the...