stock market – News Stories About stock market - Page 151

MARKET Open

Nov 11, 2008 8:57 AM CST

Bears Reign in Early Trading

Dow down triple digits again

(Newser) - Stocks were trudging downward again this morning, as investors turned a pessimistic eye towards upcoming earnings reports. The Dow was off 217 points a half-hour into the session, while the Nasdaq and S&P traced 33- and 20-point declines of their own. Those declines mirrored moves overseas, with European benchmarks...

Chinese Stimulus Lifts Dow

MARKET Open

Nov 10, 2008 8:49 AM CST

Chinese Stimulus Lifts Dow

Index surges 150+ at open, following Asian lead

(Newser) - Stocks jumped out of the gate today, thanks to a $586 billion stimulus package from Beijing. The Dow was up nearly 200 just after opening, the Wall Street Journal reports, and the S&P and Nasdaq climbed 1.8% and 1.2%, respectively. The moves followed rallies overseas, including a...

Unemployment Hits 14-Year
High; Stocks Flat

MARKET Open

Nov 7, 2008 8:54 AM CST

Unemployment Hits 14-Year High; Stocks Flat

To be fair, they've already had the worst two-day stretch since 1987

(Newser) - The economy lost 240,000 jobs in October, bringing unemployment to 6.5%, its highest rate since 1994. It was the 10th-straight negative month, bringing the year’s losses to 1.2 million. But the staggering report did little to move the needle on Wall Street, as the Dow actually...

Retail Fears Drive Stocks Down

MARKET Open

Nov 6, 2008 8:51 AM CST

Retail Fears Drive Stocks Down

Same-store sales weak in October

(Newser) - Stocks took a modest slide at the open today, thanks to dismal data from retailers. The Dow fell 57 points, while the Nasdaq and S&P dropped 1.1% and 0.9% respectively, the Wall Street Journal reports. Most retailers, with the notable exception of Wal-Mart, posted bleak same-store sales...

100-Point Drop
Greets Obama

MARKET OPEN

Nov 5, 2008 8:38 AM CST

100-Point Drop Greets Obama

As ever, the market be crazy

(Newser) - The market had an election hangover this morning. The Dow fell 152 points at the open, The Wall Street Journal reports, following yesterday’s 305-point rise, the biggest Election Day rally ever. “The conclusion of the election race has brought home the reality of the enormity of the task...

Stocks Grab Election Day Rally

MARKETS

Nov 4, 2008 8:44 AM CST

Stocks Grab Election Day Rally

Investors vote yes

(Newser) - Investors gave a vote of confidence to the next administration this morning, sending the Dow up 168 points at the opening bell, and the S&P and Nasdaq up 1.9% and 1.6% respectively. “Investors are looking forward to the campaigns being over and moving on with the...

Bear With It: Stock Market Has Seen Worse Than 2008

ANALYSIS

Nov 3, 2008 4:55 PM CST

Bear With It: Stock Market Has Seen Worse Than 2008

Dow lost 14.1% in Oct., but that pales against 30.7% in Sept. 1931

(Newser) - It would be hard to overstate the impact of the past 2 months on those who work and invest in the stock market, Ben Steverman writes for BusinessWeek. The crisis has surely spurred many investors to reevaluate the risks, but is it a game-changer, historically speaking? Although it was steep,...

Stocks Hover as Election Looms

MARKET OPENING

Nov 3, 2008 8:54 AM CST

Stocks Hover as Election Looms

Big economic reports coming

(Newser) - Stocks opened quietly today, as investors awaited the outcome of tomorrow’s election and the raft of economic reports set to hit later in the week. The Dow fell just nine points, while the S&P and Nasdaq inched down 0.2% and 0.1% respectively, the Wall Street Journal ...

Spooked Stocks Dip Slightly

MARKET opener

Oct 31, 2008 8:51 AM CDT

Spooked Stocks Dip Slightly

Scary Halloween ahead for Wall Street?

(Newser) - Stocks took a small slide this morning, as spooked investors bid farewell to one of the worst months in market history. The Dow fell 21 points, while the S&P and Nasdaq were off 0.3% and 0.9% respectively, the Wall Street Journal reports. Among the scary news was...

Dow Surges Despite GDP Dip

MARKETS

Oct 30, 2008 9:07 AM CDT

Dow Surges Despite GDP Dip

Drop isn't as bad as feared, and rate cuts abroad cheer US traders

(Newser) - Stocks jumped at the opening bell, as international rallies helped offset a shrinking US economy, the Wall Street Journal reports. Gross domestic product shrank at a seasonally adjusted 0.3% annual rate from July to September; the not-as-bad-as-feared figure sent the Dow up 201 points at the open before dipping...

Exxon Mobil
Shatters Own
Record With
$14B Profit

Oct 30, 2008 8:25 AM CDT

Exxon Mobil Shatters Own Record With $14B Profit

Company earned $14.8B last quarter

(Newser) - Exxon Mobil breezed by its own record for the biggest quarterly profit for a US corporation, earning $14.83 billion in the third quarter. Bolstered by this summer's record crude prices, net income jumped nearly 58%, or $2.86 a share, for the world's largest publicly traded oil company. Exxon...

Market Dips as Eyes Turn to Fed

MARKET OPENING

Oct 29, 2008 8:55 AM CDT

Market Dips as Eyes Turn to Fed

But yesterday's gain hasn't evaporated yet

(Newser) - Stocks took a modest dip at the open today, as investors waited for a rate cut decision from the Federal Reserve. The Dow fell 53 points, while the S&P and Nasdaq crept down 0.9% and 1.1% respectively. Investors are expecting a half-point rate cut, bringing the fed...

Stocks Jump on Rate-Cut Hope

MARKET opener

Oct 28, 2008 8:53 AM CDT

Stocks Jump on Rate-Cut Hope

Strong opening on global rallies

(Newser) - Stocks shot up at the bell this morning, powered by rallies overseas and speculation that another Fed rate cut is coming down the pike. The Dow rose 239, while the S&P and Nasdaq saw 2.9% and 3.3% jumps respectively. Hong Kong’s Hang Seng in particular saw...

Stocks Dip Amid Global Selloff

MARKET opener

Oct 27, 2008 8:58 AM CDT

Stocks Dip Amid Global Selloff

It's deja vu, all over again

(Newser) - Stocks pointed downward this morning, as big overseas selloffs spooked investors, the Wall Street Journal reports. The Dow dropped 134 points shortly after its open, while the S&P dropped 1.7% and the Nasdaq 1.6%. There were positive signs overseas, including an IMF rescue plan for Hungary and...

Media Feeds Markets' Frenzy

OPINION

Oct 24, 2008 4:50 PM CDT

Media Feeds Markets' Frenzy

'Volatility news cycle' as bad for traders as it is for nervous investors

(Newser) - Is the media behind the rampant volatility gripping Wall Street? It can’t be helping, longtime observer Roger Ehrenberg writes for Information Arbitrage. CNBC, Fox Business, and others recycle countless talking heads, each with passionate and conflicting views. “Media is motivated to evoke a reaction,” Ehrenberg reasons, so...

Stocks Take Early Plunge

MARKET opener

Oct 24, 2008 8:54 AM CDT

Stocks Take Early Plunge

(Newser) - Stocks took a big plunge at the open today, with the Dow down 411 points, after a morning that saw Dow and S&P futures fall so far that trading was halted. Driving the pessimism were similar plunges overseas, with the Nikkei down 9.6%, and London’s FTSE down...

Asian Markets Mauled

UPDATED

Oct 24, 2008 2:11 AM CDT

Asian Markets Mauled

Markets across Asia plummet to multi-year lows amid intractable recession fears

(Newser) - Asian markets took a hammering today for the third day in a row as investors looked ahead and saw nothing but gloom, Marketwatch reports. The Nikkei index nosedived 9.6% to a five-year low. Indexes in Hong Kong, South Korea, China, Taiwan, and Australia all sank to multi-year lows. Analysts...

Stocks Rise Despite Job Woes

MARKETS

Oct 23, 2008 8:58 AM CDT

Stocks Rise Despite Job Woes

But a modest hit

(Newser) - Stocks got a modest bump at the opening bell today despite an ugly job report, as mixed earnings clouded the waters. The Dow rose 69 points, while the S&P and Nasdaq rose 0.7% and 0.5% respectively. Jobless claims took an unexpected spike last week, and the Wall ...

Sour Earnings Sink Stocks

MARKET opener

Oct 22, 2008 8:51 AM CDT

Sour Earnings Sink Stocks

Recession fears keep bears growling

(Newser) - Recession fears kept bears roaring today, as the Dow shed 230 points at the open on a spate of lousy third-quarter results. Wachovia posted a staggering $23.9 billion loss to lead a group of five gloomy blue chip reports, the Wall Street Journal reports. “We’ve seen a...

Stocks Dive on Poor Profits

MARKET open

Oct 21, 2008 8:51 AM CDT

Stocks Dive on Poor Profits

But as ever, trust this move as far as you can throw it

(Newser) - Downbeat earnings put the kibosh on yesterday’s outbreak of optimism on Wall Street, sending stocks down at the open. The Dow dropped 107 points, while the Nasdaq and S&P fell 1.7% and 1.4% respectively, the Wall Street Journal reports. Dow components DuPont, Caterpillar, and Pfizer all...