stock market – News Stories About stock market - Page 156

MARKETS

May 22, 2008 3:35 PM CDT

Meager Gains as Oil Retreats

Drop in jobless claims encourages investors, but it's a 'one-story market'

(Newser) - Stocks eked out small gains after two days of big losses as surging oil pulled back from a new record of $135 per barrel to $131.79, the Wall Street Journal reports. The Dow rose 24.43, closing at 12,625.62, while the Nasdaq climbed 16.31 to settle...

Oil, Fed Leave
No Grins,
Just Bears

MARKETS

May 21, 2008 3:37 PM CDT

Oil, Fed Leave No Grins, Just Bears

Fed minutes confirm expectations of higer inflation, slower growth

(Newser) - Oil prices kept on pummeling the markets today, and minutes from the Fed's most recent meeting confirmed warnings of higher inflation and lower growth—signaling a pause in rate cuts. "The rise in energy products is going to be the knell for consumer spending," one analyst tells the...

Oil, Inflation Wallop Stocks

MARKETS

May 20, 2008 3:27 PM CDT

Oil, Inflation Wallop Stocks

Researcher: 'All the long-term indicators we look at are sending a bearish message'

(Newser) - The Dow plunged nearly 200 points today as markets were swamped by soaring oil prices and inflation fears. "All the long-term indicators we look at are sending a bearish message," an investment researcher told the Wall Street Journal. The Dow ended down 199.48 to 12,828.68,...

Whoops! Big Rally Falls Flat

MARKETS

May 19, 2008 3:34 PM CDT

Whoops! Big Rally Falls Flat

Stocks end mixed as oil sets a record

(Newser) - Stocks ended mixed today, as an early rally slipped away and oil prices hit yet another record. "There are still a lot of reasons you wouldn't want to touch the market with a 10-foot pole right now," one trader told the Wall Street Journal. The Dow ended up...

Inflation News Boosts Stocks

MARKETS

May 14, 2008 3:38 PM CDT

Inflation News Boosts Stocks

Consumer-price data better than expected

(Newser) - Stocks were up today on consumer price data showing lower-than expected inflation and on declining oil prices. A Labor Department report showed the CPI rose only 0.2% in April, reports the Wall Street Journal. The Dow ended up 65.71 to 12,897.89, the Nasdaq rose 1.58...

Recession Fears
Overblown: Economists

May 14, 2008 9:50 AM CDT

Recession Fears Overblown: Economists

Fed's actions key strong economic reports, signs of market recovery

(Newser) - A growing number of economists are saying, cautiously, that the US might have pulled back from the brink of recession, the Wall Street Journal reports. The experts credit swift action by the Federal Reserve to lower interest rates and save Bear Stearns in March, and even the ongoing distribution of...

Stocks Mostly Down
as Oil Rally Resumes

MARKETS

May 13, 2008 3:35 PM CDT

Stocks Mostly Down as Oil Rally Resumes

Mixed data on consumer spending leave investors cautious

(Newser) - Stocks ended mostly down today as the price of oil resumed its steady rally. Crude has gained in seven of the eight last sessions, reports the Wall Street Journal. "It just keeps surprising us," said one floor trader. The Dow ended down 44.13 at 12,832.18,...

Stocks Jump as
Oil Prices Pull Back

MARKETS

May 12, 2008 3:38 PM CDT

Stocks Jump as Oil Prices Pull Back

China quake contributes to softening demand

(Newser) - Stocks jumped today on an unusual pullback of crude prices, overcoming weak quarterly reports from bond insurer MBIA and other financials. The price drop cheered investors worried about oil's effect on consumer spending, the Wall Street Journal reports. The Dow ended up 130.43 to 12,876.31, the Nasdaq...

Stocks Sink as Crude Soars

MARKETS

May 7, 2008 3:44 PM CDT

Stocks Sink as Crude Soars

Investors worry about impact on consumers

(Newser) - Stocks zoomed downward today as oil topped $123 a barrel, hastening a sell-off by anxious investors. "You can still get a lot of nervousness when they see these daily moves in crude, along with follow-through in the stock market," an analyst tells the Wall Street Journal. The Dow...

Stocks Rally After
Fannie Mae Woes

MARKETS

May 6, 2008 3:30 PM CDT

Stocks Rally After Fannie Mae Woes

Markets make modest gains, led by energy sector

(Newser) - Stocks rallied and recorded modest gains today after initially falling on on bad news from Fannie Mae. But analysts cautioned against excessive optimism. "The fact that we're not imploding doesn't me that we're OK," a strategist told the Wall Street Journal. The Dow ended up 51.29 at...

Stocks Fall on Yahoo Plunge,
Oil Spike

MARKETS

May 5, 2008 3:32 PM CDT

Stocks Fall on Yahoo Plunge, Oil Spike

Investors cautious on new developments

(Newser) - Stocks fell today as Yahoo shares plummeted 16% and crude prices jumped past $120 a barrel. "People have gotten in, but they don't want to be in a big way," a investment officer told the Wall Street Journal. The Dow fell 88.66 at 12,969.54, the...

Mood Lightens on Wall St.
as Rally Takes Hold

May 2, 2008 9:51 AM CDT

Mood Lightens on Wall St. as Rally Takes Hold

As stocks rise, analysts' outlooks improve

(Newser) - Despite economic gloom spreading along Main Street, things on Wall Street are perking up, the New York Times reports—enough that analysts see a glimmer of hope for a turnaround beginning this year. The stock market rebounded almost 11% in recent weeks, junk bonds and other risky securities are rallying.

Rate-Cut News
Sweeps Away Rally

MARKETS

Apr 30, 2008 3:38 PM CDT

Rate-Cut News Sweeps Away Rally

Stocks end down thanks to nervous investors

(Newser) - News of today's Fed interest-rate cut swept away a market rally, and stocks ended down. Language in the Fed statement indicating that further trims were unlikely spooked investors, the Wall Street Journal reports, though that news was expected. The Dow ended down 11.81 to 12,820.13; the Nasdaq...

Investors Cagey,
Stocks Mixed
as Fed Meets

MARKETS

Apr 29, 2008 3:36 PM CDT

Investors Cagey, Stocks Mixed as Fed Meets

Bad economic news takes its toll

(Newser) - Stocks ended mixed but mostly down today as cautious investors digested bad economic news while the Fed met, presumably to discuss further rate cuts. "In many ways, the economy seems fundamentally weaker now" than during the last official recession in 2001, an economist told the Wall Street Journal. The...

Fed Rate-Cut Jitters
Knock Out Gains

MARKETS

Apr 28, 2008 3:46 PM CDT

Fed Rate-Cut Jitters Knock Out Gains

Will the Fed cut rates, and by how much?

(Newser) - Stocks ended mixed today as concerns that the Fed might not cut rates at this week's meeting overwhelmed earlier gains that followed announcements of big deals, reports the Wall Street Journal. The Dow ended down 20.11 at 12,871.75, the Nasdaq up 1.47 at 2,424.40,...

Techs Give Lift to Markets

MARKETS

Apr 23, 2008 3:38 PM CDT

Techs Give Lift to Markets

Stocks post modest gains as some financials struggle

(Newser) - Stocks ended slightly up today on mixed news, as techs did well but many financials struggled. "Tech is one of the few bright spots across a sluggish earnings quarter," a market strategist tells the Wall Street Journal. The Dow ended up 42.99 to 12,763.22, the...

Stocks Sink on Weak
Earnings, Soaring Oil

MARKETS

Apr 22, 2008 3:48 PM CDT

Stocks Sink on Weak Earnings, Soaring Oil

Texas Instruments, UnitedHealth tumble, along with many others

(Newser) - Stocks fell today as oil prices soared and the flow of disappointing earning reports continued. Texas Instruments and UnitedHealth were both hit hard. "We're likely to see stocks continuing to be under pressure," one researcher told Bloomberg. The Dow was down 104.79 to 12,720.23, the...

Stocks Tick Down on BofA Woes

MARKETS

Apr 21, 2008 3:39 PM CDT

Stocks Tick Down on BofA Woes

Investors lose some faith that banks can muscle through the crunch

(Newser) - Stocks ended mostly down today after a poor quarterly report from Bank of America and spiking crude prices. "We got a reminder this morning that banks and financials are still digesting credit problems," an investment strategist told the Wall Street Journal. The Dow ended down 24.34 at...

Markets Up Big on Earnings

MARKETS

Apr 16, 2008 3:42 PM CDT

Markets Up Big on Earnings

Limited losses by JPMorgan, Wells Fargo key best jump in two weeks

(Newser) - Stocks staged a rally today on the strength of profit reports from JP Morgan and Intel. "The bear market is bottoming, and folks are beginning to look beyond the valley of widely known problems to better times ahead," a strategist tells the Wall Street Journal. The Dow ended...

Stocks Rise Despite Oil Surge

MARKETS

Apr 15, 2008 3:36 PM CDT

Stocks Rise Despite Oil Surge

Investors think Fed might cut rates again despite inflation

(Newser) - Hopeful economic indicators outweighed surging crude prices today, and stocks responded with a modest rally. "There's a little bit of investor optimism cropping up here to hold the market together," a strategist told the Wall Street Journal. The Dow ended up 60.41 at 12,362.47, the...