stock market – News Stories About stock market - Page 150

MARKET Open

Dec 3, 2008 8:40 AM CST

Warning Signs Sink Stocks

It's bad, Jim

(Newser) - Stocks took a tumble at the open today, thanks in part to a private report saying the economy shed 250,000 non-governmental jobs last month, and signs of slowing consumer spending. The Wall Street Journal reports that all 30 Dow stocks were trading lower, bringing the index down 145 points,...

Stocks Take Modest Bounce

MARKET Open

Dec 2, 2008 8:48 AM CST

Stocks Take Modest Bounce

Dow up after disastrous session

(Newser) - Stocks headed north this morning, after a grisly Monday that saw the Dow fall 7.7% and the S&P 500 drop 8.9%. Things looked less traumatic today, as the Dow rose a modest 68 points at the open, accompanied by 1.2% and 1.4% rises in the...

Is Recession in the Cards? More Turn to Psychics

Dec 1, 2008 2:45 PM CST

Is Recession in the Cards? More Turn to Psychics

One clairvoyant's advice beat the market

(Newser) - Canadian Ray Pambrun sold many of his stocks in late October and managed to miss the market’s most recent downswing. His secret? Consulting a psychic, who beat out the financial advisers and economists predicting a bottom. It may not be the soundest investment strategy, but clairvoyants have seen business...

Cramer Shares
'Obama Portfolio'

OPINION

Dec 1, 2008 12:47 PM CST

Cramer Shares 'Obama Portfolio'

Guru picks hot stocks for 2009

(Newser) - America isn’t out of the economic woods, but savvy investors should drop some kindling on their investment fires, James Cramer writes in New York. “Obama’s swift transition and desire to spend trillions to get us moving could prove that happier days will eventually beckon, at least for...

Rally Over; Dow Down 300

MARKET Open

Dec 1, 2008 8:52 AM CST

Rally Over; Dow Down 300

Post-Holiday session no good

(Newser) - Stocks plunged this morning, giving back a big chunk of last week’s big rally. The Dow dropped 350 points, while the S&P and Nasdaq gave up 41 and 65 points respectively. “Investors are saying in these turbulent times it is best to take what comes your way,...

Stocks Even
Worse Overseas

The Markets

Nov 29, 2008 9:30 AM CST

Stocks Even Worse Overseas

US investors rush out of foreign markets

(Newser) - The US stock market has seen its worst year in decades—but things have been even worse in Europe and Asia, the Wall Street Journal reports. While the Dow is down 33% for the year, Germany’s DAX index has fallen 42% and China’s Shanghai Composite has plummeted 64%....

Red Friday for Stocks

MARKET Open

Nov 28, 2008 8:50 AM CST

Red Friday for Stocks

Stocks drop at the open

(Newser) - Stocks inched into the red this morning, with the Dow down 38 and the S&P and Nasdaq off 0.5% and 0.9% at the open, the Wall Street Journal reports, but those declines come on the heels of four straight days of gains. The market closes early today,...

Market Opens Down
on Grim Spending Data

MARKEts

Nov 26, 2008 8:58 AM CST

Market Opens Down on Grim Spending Data

Dow down triple digits, the good times are over

(Newser) - Wall Street’s three-day revival screeched to a halt this morning, as the Dow opened down 136 points following a grim consumer spending report. Personal consumption fell 1% in October, the fastest consumers have slammed the brakes on spending in 7 years, the Wall Street Journal reports. Orders for durable...

Stocks Keep Good Vibes Going

MARKET Open

Nov 25, 2008 9:13 AM CST

Stocks Keep Good Vibes Going

Stocks climb as investors are cheered by Fed plan to help consumer credit

(Newser) - Stocks continued to rise at the open this morning, with the Dow climbing more than 100 points and the S&P gaining 1.5%, as investors cheered the Treasury and Fed’s new program to boost consumer credit, the Wall Street Journal reports. The Nasdaq, however, was off slightly. The...

Stocks Jump on Citi Rescue

MARKET Open

Nov 24, 2008 8:58 AM CST

Stocks Jump on Citi Rescue

Dow makes triple-digit move in the right direction

(Newser) - Stocks kept Friday’s good mojo going this morning, after the government announced a massive plan to prop up Citigroup. The Dow rose 145 points at the open, as Citi shares leaped 57%, and pulled the rest of the sector with them. Bank of America rose 13%, while Morgan Stanley...

Bloodied Stocks Rebound

MARKET Open

Nov 21, 2008 8:45 AM CST

Bloodied Stocks Rebound

Selloff brings in sellers

(Newser) - Stocks took a big bounce at the open today, after two brutal days that sent markets to 11-year lows. The Dow jumped 137 at the open, with the S&P and Nasdaq trading 2.2% and 1.8% higher, respectively. Citigroup shares jumped 5%, on news the company was considering...

Ignore Market Until February

OPINION

Nov 20, 2008 5:43 PM CST

Ignore Market Until February

End-of-year effects cause distorting swings

(Newser) - The stock market can be a great synthesizer of millions of individual judgment calls about economic growth, government policy, and world events, writes Andy Kessler in the Wall Street Journal. But it’s also subject to end-of-year distortions, especially in down times like these. What's an investor to do? "...

Below 8,000, Dow
Continues to Drop

MARKET Open

Nov 20, 2008 9:03 AM CST

Below 8,000, Dow Continues to Drop

Financial, auto fears still reign

(Newser) - Stocks took a slide at the open today, following a disastrous session yesterday that saw the Dow fall below the 8,000 mark. The Dow shed 160 points at the open, accompanied by 21- and 17-point declines in the Nasdaq and S&P. Stocks have fallen nearly 8% this week...

Brazilian Trader Shoots Himself at Exchange

Nov 18, 2008 4:28 AM CST

Brazilian Trader Shoots Himself at Exchange

He clings to life after suicide attempt in wake of plunging market

(Newser) - A Brazilian trader was in critical condition after shooting himself in the chest on the floor of the nation's commodities and futures exchange yesterday. The tragedy occurred in the raucous interest rate futures pit, where some $21 billion in contracts are traded daily. Brazil's main stock index has plunged 50%...

Mark Cuban Hit With
Insider-Trading Charges

Nov 17, 2008 12:47 PM CST

Mark Cuban Hit With Insider-Trading Charges

Owner of NBA's Dallas Mavericks accused in 2004 stock sale

(Newser) - Dallas Mavericks owner Mark Cuban was charged today with insider trading, the Dallas Morning News reports. The government alleges that, in 2004, Cuban spoke with the CEO of a company in which he held shares, and was told, confidentially, of a new stock offering that would dilute the value of...

Stocks Drop on Citi,
Retail Woes

MARKET Open

Nov 17, 2008 8:49 AM CST

Stocks Drop on Citi, Retail Woes

(Newser) - Stocks slid at the open, as Citigroup slashed jobs and retailers reported yet more disappointing results. The Dow lost 160 points, while the S&P and Nasdaq dropped 1.8% and 1.5% respectively. Among the big drops were Target and Lowe’s, which each took a 24% hit to...

Stocks Sink on
Record Retail Plunge

MARKET Open

Nov 14, 2008 8:46 AM CST

Stocks Sink on Record Retail Plunge

Host of negative news hurts markets

(Newser) - Stocks tumbled at the open today, after a raft of negative news overshadowed yesterday’s big rally. The Dow fell 128 points, while the Nasdaq and S&P shed 2% and 1.8% respectively. The Dow shot up more than 500 points yesterday, but today brought a dismal quarterly report...

World Shares Rise
After Wild Dow Swing

MARKETS

Nov 14, 2008 5:14 AM CST

World Shares Rise After Wild Dow Swing

Tokyo, London advance after Wall Street's crazy day

(Newser) - Asian and European markets rose today, reacting to the sharp swing from negative to positive in New York yesterday. In Tokyo the Nikkei gained 2.7%, while the FTSE in London was up 3.3% in mid-morning trading. Bargain-hunting investors pounced on undervalued financial stocks: Anglo American jumped nearly...

Soaring Jobless Claims
Leave Stocks Flat

MARKET Open

Nov 13, 2008 8:55 AM CST

Soaring Jobless Claims Leave Stocks Flat

Jobless claims reach 7-year high

(Newser) - Jobless claims rose to a 7-year high last week, but that didn’t appear to move the needle for stocks, which barely budged at today's open. The Dow crept up 66 points, while the S&P and Nasdaq rose 0.9% and 0.4% respectively. A staggering 32,000 filed...

Stocks Drop
on Retail, Auto Woes

MARKET Open

Nov 12, 2008 8:49 AM CST

Stocks Drop on Retail, Auto Woes

Dow drops, Best Buy disappoints, Detroit begs

(Newser) - Stocks headed south at the open today, as traders worried over a weak holiday season and the crashing auto industry. The Dow fell 166 points, while the S&P and Nasdaq shed 1.9% and 1.5% respectively. The latest sign of a retail apocalypse came from Best Buy, which...