stock market – News Stories About stock market - Page 151

MARKET Open

Jan 12, 2009 9:04 AM CST

Stocks Edge Down Ahead of Earnings

Dow off 50 in early trading; first reports due late today

(Newser) - Stocks moved lower at today’s open as traders held their collective breath ahead of what’s expected to be a dismal earning season, the Wall Street Journal reports. The Dow was down 50 points recently, to 8,548, while the S&P and Nasdaq dipped 0.95% and 0....

Market Shrugs Off Jobs Report

MARKET Open

Jan 9, 2009 8:49 AM CST

Market Shrugs Off Jobs Report

Dow makes miniscule move

(Newser) - Stocks barely moved at the open in the wake of a gruesome but unsurprising jobs report. The Dow fluctuated between gains and losses, recently trading down 27 points, with the Nasdaq and S&P registering 0.6% and 0.5% declines. The country lost 2.6 million jobs in 2008,...

Wal-Mart
Sends Dow
South

MARKET Open

Jan 8, 2009 8:48 AM CST

Wal-Mart Sends Dow South

Retailers not doing so hot

(Newser) - Stocks tumbled at the open today after Wal-Mart slashed its earnings estimates, driving fear in the retail sector. The Dow dropped 62, while the Nasdaq and S&P fell 0.5% and 0.7% respectively. There was more bad news on the job front, with unemployment claims climbing to their...

Stocks Plunge on Job Numbers

MARKET Open

Jan 7, 2009 8:57 AM CST

Stocks Plunge on Job Numbers

Numbers 'eye-poppingly bad'

(Newser) - Stocks took a beating this morning, after Alcoa announced deep job cuts on the heels of a dismal job report. The Dow tumbled 134 points, while the Nasdaq and S&P lost 1.7% and 1.6% respectively. The biggest news was an ADP/Macroeconomic Advisors report that said the private...

Stocks Hop, Oil Leaps

MARKET Open

Jan 6, 2009 8:51 AM CST

Stocks Hop, Oil Leaps

Dow rise modest, oil rise fo' real

(Newser) - Stocks turned upward at the open today, as traders hunted for bargains and signs of a recovery. The Dow rose 80 points, while the S&P and Nasdaq climbed 1% and 0.9% respectively. Oil, meanwhile, jumped $1.22 to $50.03 as a dispute between Gazprom and the Ukraine...

Stocks Slide on
Auto Fears

MARKET Open

Jan 5, 2009 8:53 AM CST

Stocks Slide on Auto Fears

Dow dips

(Newser) - Stocks slid at the open today, as investors looked with trepidation toward a likely-to-suck auto sales report. The Dow edged down 50 points, while the Nasdaq and S&P lose 0.9% and 0.7% respectively. Analysts believe auto sales will have fallen by about 40% for December. But GM...

Vindicated in 2008, Some Experts Foresee Gloomy '09

Jan 2, 2009 10:52 AM CST

Vindicated in 2008, Some Experts Foresee Gloomy '09

A few who called last year's calamities correctly see grim days ahead

(Newser) - Labeled overly pessimistic for years, a few Wall Street prognosticators became the oracles of 2008 by correctly predicting the unwinding of the global economy, the Wall Street Journal reports. The doomsayers correctly anticipated bank failures, stock market declines, and the housing market collapse of the second half of 2008. As...

Stocks Start Slowly in 2009

MARKET Open

Jan 2, 2009 8:49 AM CST

Stocks Start Slowly in 2009

Open flat

(Newser) - Stocks started the new year with a whimper, opening flat in the first trading session of 2009. The Dow rose 26 points, while the S&P and Nasdaq saw 0.3% and 0.2% gains. Many traders were watching oil, which fell $3 today after a 14% surge on Wednesday....

Battered Markets
Crawl Into 2009

ANALYSIS

Jan 1, 2009 9:22 AM CST

Battered Markets Crawl Into 2009

2008 finishes as the worst year for the Dow since 1931

(Newser) - Weary relief that 2008 was finally over greeted the final bell at the New York Stock Exchange yesterday, but shaken investors worry about what 2009 holds, the New York Times reports. The final tally confirmed that the year was the worst for stockholders since the Great Depression. Stock plunges across...

Just How Bad Was 2008?

Dec 31, 2008 4:37 PM CST

Just How Bad Was 2008?

The worst anyone under 70 has seen, Bloomberg reports

(Newser) - If you're under the age of 70, 2008 was probably the worst year you've lived through, reports Bloomberg. Here's why:

In housing, which started the downturn, median resale prices saw a 13% decline, the largest since the 1930s.
Foreclosure rates reached 2.97%, and mortgage delinquency hit 6.99%, both

...

Dow Rises 108 to End Year

MARKETS

Dec 31, 2008 3:21 PM CST

Dow Rises 108 to End Year

Dow off 33%, S&P down 40% for 2008

(Newser) - Stocks posted gains in the last trading session of the year, but this two-day rally will do little to erase the indices' dismal record in 2008, MarketWatch reports. Amid light trading volume ahead of New Year's Day, the Dow gained 108 points to close at 8,776. The Nasdaq closed...

Last '08 Session Starts Flat

MARKET open

Dec 31, 2008 9:10 AM CST

Last '08 Session Starts Flat

Nowhere to go but up?

(Newser) - Stocks started their final 2008 session with tepid optimism, sending the Dow up 28 points, and the Nasdaq and S&P up 0.3% and 0.2% respectively. Fueling the optimism was a stronger-than-expected employment report, which showed new jobless claims dropping by 94,000 last week. Keep an eye...

Stocks Flat Despite Auto Help

MARKET Open

Dec 30, 2008 8:53 AM CST

Stocks Flat Despite Auto Help

(Newser) - Stocks continued their holiday nap today, opening only modestly higher despite an expansion of the auto bailout. The Dow rose 57 points, while the Nasdaq and S&P each rose 0.6%. GM and Ford climbed11% and 2.7% respectively on news that the government would toss $6 billion to...

Stocks Flat as Oil Surges

MARKET Open

Dec 29, 2008 9:10 AM CST

Stocks Flat as Oil Surges

Case Schiller likely to throw this out of whack later

(Newser) - Oil prices soared this morning, as Middle East tensions reached a fever pitch, but stocks barely budged, with the Dow rising a mere 1.83 points, while the Nasdaq and S&P moved up 0.44 and 5.18 respectively. Oil rose above $40 thanks to Israel’s dramatic attacks...

Stocks Get Post-Holiday Bump

MARKET Open

Dec 26, 2008 8:54 AM CST

Stocks Get Post-Holiday Bump

Dow up mildly on light trading

(Newser) - Stocks saw a modest uptick this morning, despite a consumer spending report seemingly designed to puncture post-holiday cheer. The Dow rose 40.93 points, while the S&P and Nasdaq added 3.86 and 5.81, respectively. But volume was extremely low, as many Wall Street denizens took the day...

Sleepy Christmas for Stocks

MARKET Open

Dec 24, 2008 8:47 AM CST

Sleepy Christmas for Stocks

Investors shrug off negative data

(Newser) - There was plenty of bad news for the market today, but investors largely shrugged it off and turned their minds toward Christmas dinner. The Dow rose a mere 3.64 points at the open, while the S&P gained 2.32 points. Consumer spending fell 0.6% last month, and...

Stocks Flat on Minimal Trading

MARKET Open

Dec 23, 2008 8:51 AM CST

Stocks Flat on Minimal Trading

Everyone's on vacation

(Newser) - It was a sleepy open on Wall Street today, as the major stock indexes mostly jogged in place on low volume, the Wall Street Journal reports. The Dow inched up 50 points, while the Nasdaq and S&P lost 0.6% and 0.7% respectively. The government reported a third-quarter...

Auto Rescue Lifts Stocks

MARKET Open

Dec 19, 2008 8:53 AM CST

Auto Rescue Lifts Stocks

In some ways, these tiny days are a nice change of pace

(Newser) - Stocks started off in the right direction this morning, buoyed by the White House’s rollout of its auto rescue plan. The Dow rose 67 points, while the S&P and Nasdaq added 0.7% and 1.6% respectively, the Wall Street Journal reports. President Bush announced a $17.4...

Stocks Up on Mixed Job Data

MARKET Open

Dec 18, 2008 8:46 AM CST

Stocks Up on Mixed Job Data

But FedEx is cutting payroll...

(Newser) - There was good news and bad news on the job front today. Good news: Initial claims for unemployment dropped more than expected last week. Bad news: They’re still near a 26-year high, and FedEx announced that it’s cutting salaries by 5%. But the good outweighed the bad for...

Stocks Sink as Morgan Misses

MARKET Open

Dec 17, 2008 8:52 AM CST

Stocks Sink as Morgan Misses

(Newser) - Stocks retreated this morning, after Morgan Stanley reported a worse-than-expected $2.29 billion loss. Goldman Sachs posted a similar number yesterday, but whereas its stock rose, Morgan’s dropped more than 5%. The Dow likewise shed 107 points at the open, while the Nasdaq and S&P each dropped 1....