stock market – News Stories About stock market - Page 157

Apr 15, 2008 4:25 AM CDT

Volatile Market Hooked on Testosterone

Study pinpoints role of bullish hormone in boorish traders

(Newser) - The buying and selling of the world's wealth is at the mercy of aggressive men and their hormonal fluctuations, neuroscientists have discovered. While that doesn't come as a big surprise, the study isolates the major role that testosterone plays in making boorish traders exceptionally bullish—and the part the hormone...

Stocks Fall as Oil Prices Surge

MARKETS

Apr 9, 2008 3:45 PM CDT

Stocks Fall as Oil Prices Surge

American Express and UPS decline

(Newser) - Stocks fell today on bad news on earnings and record prices for crude oil. American Express, General Motors, and UPS all took hits. "The negative UPS news could shake confidence in the broader transport stocks," an analyst tells the Wall Street Journal. The Dow ended down 49.18...

Resigned Markets End Mixed

MARKETS

Apr 4, 2008 4:07 PM CDT

Resigned Markets End Mixed

Bad employment data another signal of recession; still, indices up for week

(Newser) - Stocks ended mixed today as a commodities rally contrasted with disappointing employment news, the Wall Street Journal reports—though the major indices were up for the week. The Dow fell 16.61 to close at 12,609.42, up 3.2% for the week. The Nasdaq gained 7.68 points...

Stocks Post Small Gains Again

markets

Apr 3, 2008 3:41 PM CDT

Stocks Post Small Gains Again

Session mostly mixed amid nervousness about the economy

(Newser) - The markets finished with modest gains for the second consecutive session today. Investors, still digesting yesterday's testimony by Fed chief Ben Bernanke, shook off bad news on employment and got a lift from the tech sector. The Dow gained 20.20 points to finish at 12,626.03, the Nasdaq...

Slow Day Sees Modest Losses

MARKETS

Apr 2, 2008 3:48 PM CDT

Slow Day Sees Modest Losses

Stocks end mostly lower after Bernanke testimony

(Newser) - The markets slid into negative territory after Ben Bernanke's Congressional testimony on the state of the economy today, but trading was generally low-key. "Flat is good," an economist told the Wall Street Journal. "People are getting their nerve back." The Dow ended down 45.44 at...

Stocks Rocket
to Start 2nd Quarter

MARKETS

Apr 1, 2008 3:51 PM CDT

Stocks Rocket to Start 2nd Quarter

Dow clears 70-year-old mark

(Newser) - The Dow leapt almost 400 points today, the best kickoff to a second quarter since 1938. Lehman Brothers and UBS announced plans to raise capital, cheering investors and convincing many that big banks can work through the credit crisis, Bloomberg reports. The Dow ended up 391.47 at 12,654....

Lehman Is Selling $3B in Shares

Mar 31, 2008 7:25 PM CDT

Lehman Is Selling $3B in Shares

Firm seeks to calm fears of another Bear Stearns disaster

(Newser) - Lehman Brothers is selling $3 billion in new shares to allay fears after its stock dropped 42% this year, Bloomberg reports. "We still maintain that we don't need capital, but we've realized that perception is the dominant issue in today's markets,'' said CFO Erin Callan. Lehman fell up...

Stocks Up As Ugly Quarter Ends

MARKETS

Mar 31, 2008 3:48 PM CDT

Stocks Up As Ugly Quarter Ends

Markets gain for the first time in four days

(Newser) - Stocks closed up today as the year's dismal first quarter came to an end. Lower oil prices, improved business activity and a favorable reaction to Treasury Secretary Henry Paulson's new regulation plan helped to boost the markets, Bloomberg reports. The Dow ended up 46.49 to 12,262.89, the...

Stocks Dip on Tough Tech Day

MARKETS

Mar 27, 2008 3:28 PM CDT

Stocks Dip on Tough Tech Day

Oracle and Google news hurts markets

(Newser) - The markets fell today on weak news from the tech and financial sectors. The Dow dropped 120.16 points to 12,302.7, the Nasdaq fell 43.53 to 2,280.83, and the S&P closed down 15.36 at 1,325.77, MarketWatch reports. Disappointing results from bellwethers...

Stocks Fall on Recession Fears

MARKETS

Mar 26, 2008 3:39 PM CDT

Stocks Fall on Recession Fears

Citigroup's big drop keys bad day for financials

(Newser) - Stocks fell today amid a new wave of recession concerns, Bloomberg reports. A big drop by Citigroup led financials to their worst plunge in almost two weeks, and oil prices jumped back up after inventory showed supply unchanged from last week. The Dow ended down 109.74 to 12,422....

Stocks Settle Down, End Mixed

MARKETS

Mar 25, 2008 3:42 PM CDT

Stocks Settle Down, End Mixed

Things slow down after a crazy few days

(Newser) - Markets took a breather today after several wild sessions and ended in mixed territory. Lousy news on consumer confidence and a big drop in home prices were balanced by surging commodity prices and Monsanto's stellar earnings report. The Dow ended down 16.04 at 12,532.60, the Nasdaq up...

The Great Depression It's Not

Analysis

Mar 25, 2008 11:21 AM CDT

The Great Depression It's Not

What if the end isn't near for the global economy?

(Newser) - Certainly, the 8-month-old credit crisis is serious, but the market turmoil is unlikely to kick off the next Great Depression, financial markets editor Mike Dolan writes for Reuters. "You could be forgiven for thinking we will all soon be hoarding food and reverting to a barter economy," he...

Bear Bid Boosts Stocks

MARKETS

Mar 24, 2008 3:49 PM CDT

Bear Bid Boosts Stocks

Unexpectedly strong home sales also spur rally

(Newser) - Stocks ended up today, thanks to JPMorgan's increased bid for Bear Stearns and unexpectedly strong monthly home-sales data. Still, investors remained cautious, the Wall Street Journal reports. "Who knows if there's going to be another Bear Stearns out there?" an analyst asked. The Dow finished up 187.32 at...

Dow Slides 293 Points

MARKETS

Mar 19, 2008 3:44 PM CDT

Dow Slides 293 Points

Markets couldn't keep up yesterday's huge rally

(Newser) - Stocks slid fast today as commodity prices plunged. Investors rebalanced their portfolios after pumping cash into commodities such as gold and oil for insurance against seesawing stocks, the Wall Street Journal reports. The Dow ended down 293 points to 12,099.66, the Nasdaq 58.3 to 2,209.96,...

Interest Soars Sky-High in Visa's $18B IPO

Mar 19, 2008 8:43 AM CDT

Interest Soars Sky-High in Visa's $18B IPO

Record-breaking debut could mark turning point for markets

(Newser) - Visa pulled in almost $18 billion in its initial public offering yesterday, the San Francisco Chronicle reports. The credit card company's IPO was the biggest by far in US history and the second biggest ever. The $44-per-share price investors paid was $2 higher than the company's highest estimate, and the...

Stocks Blast Off; Dow Rises 420

MARKETS

Mar 18, 2008 3:47 PM CDT

Stocks Blast Off; Dow Rises 420

Worries lessen that investment banks are doomed

(Newser) - Stocks blasted off today, with the Dow up more than 400 points after the Fed rate cut and a rally by investment bank stocks. "The run on the investment banks would appear to be over,'' a strategist told Bloomberg. The Dow ended up 420.41 at 12,392....

Stocks Bounce, End Mixed

MARKETS

Mar 17, 2008 3:50 PM CDT

Stocks Bounce, End Mixed

Stocks are up... no down... what's going on?!

(Newser) - Stocks seesawed throughout the day, finally ending today's session mixed, with the Dow closing up. The markets struggled to rebound from serious losses sustained after Bear Stearns' fire sale; buyer JPMorgan Chase's stock closed up 11%. The Dow ended up 21.16 at 11,972.25, the Nasdaq down 35....

Stocks Rebound, Countering Selloff in Financials

Market Update

Mar 17, 2008 10:17 AM CDT

Stocks Rebound, Countering Selloff in Financials

Bear Stearns buyout sends JP Morgan up, Lehman Brothers down

(Newser) - Stocks steadied after steep early morning losses today, with the Dow actually rising 1.06 points by mid-morning, the Wall Street Journal reports. But financials were still down big, as the Bear Stearns fire sale loomed large over the market. Lehman Brothers, down 22%, was hit the worst, other than...

JP Morgan Buys Bear
Stearns for $2 a Share

Mar 16, 2008 6:35 PM CDT

JP Morgan Buys Bear Stearns for $2 a Share

Deal rushed today to avoid filing for bankruptcy

(Newser) - JP Morgan has agreed tonight to buy Bear Stearns for a scant $2 a share, a bargain-basement price—stock closed at $30 a share—that demonstrates the urgency of staving off the collapse of the venerable investment bank and widespread panic in financial markets, the AP reports. The Bush administration...

'Perfect Storm' Batters US Economy

ANALYSIS

Mar 14, 2008 12:30 PM CDT

'Perfect Storm' Batters US Economy

Unpredictable markets continue to feed stagflation fears

(Newser) - A perfect storm of economic maladies has the US economy reeling on the edge of recession and officials struggling to limit the damage it causes, reports the New York Times. But many economists say there isn’t much the government or policy makers can do besides batten down the hatches...