S&P 500 – News Stories About S&P 500 - Page 45

Aug 20, 2009 3:30 PM CDT

Data Boosts Stocks, Dow Up 71

Fed reports an increase in business activity

(Newser) - Stocks advanced today on positive economic news from the Philadelphia branch of the Fed, the Wall Street Journal reports, which said that its index of business activity registered a 4.2 in August, up from a negative 7.5 in July. Investors were specifically encouraged by a rise in the...

Dow Up 61 After Shaky Day

MARKETS

Aug 19, 2009 3:10 PM CDT

Dow Up 61 After Shaky Day

(Newser) - Markets ended higher today after a dismal start, buoyed by an ascendant energy sector, the Wall Street Journal reports. The seesaw comes as no surprise to one strategist: “This market is highly vulnerable to get pushed around right now. That’s a factor of light volume.” The Dow,...

Retail Gains Drive Dow Up 83

MARKETS

Aug 18, 2009 3:15 PM CDT

Retail Gains Drive Dow Up 83

Signs of life from the consumer help stocks rebound

(Newser) - Positive retail reports helped get stocks back on track today after recent declines, the Wall Street Journal reports. Home Depot, Target, and Saks saw smaller-than-expected declines in quarterly profit, while discount chain TJX reported a 31% gain. The Dow rose 82.60 to close at 9,217.94. The Nasdaq...

Dow Falls 186,
Biggest Drop Since July 2

MARKETS

Aug 17, 2009 3:32 PM CDT

Dow Falls 186, Biggest Drop Since July 2

Worldwide shocks worry investors

(Newser) - Stocks continued to decline after drops in world markets proved to be contagious at the open, with the Dow falling the most since July 2, the Wall Street Journal reports. The worldwide stock decline had investors scrambling to Treasurys and other safe havens. Home-improvement retailer Lowe's fell 10% after reporting...

Global Selloff
Rocks Dow

MARKET open

Aug 17, 2009 8:51 AM CDT

Global Selloff Rocks Dow

(Newser) - The Dow tumbled 175 points at the open today, following even bigger selloffs in overseas markets, the Wall Street Journal reports. The S&P and Nasdaq each fell 2.2%. Those drops followed a whopping 5.8% dive on China’s Shanghai Composite Index, a 3.1% drop for Japan’...

Dow Off 77 on Consumer Data

MARKETS

Aug 14, 2009 3:19 PM CDT

Dow Off 77 on Consumer Data

(Newser) - Stocks dipped today on worse-than-expected information about consumer sentiment, the Wall Street Journal reports. A Reuters index dropped 3 points instead of the anticipated 2-point rise. A downward spiral has been evident since the Fed announced it would not raise interest rates Wednesday. “A day like today has been...

Retail Sales Curb Rally;
Dow Climbs 37

MARKETS

Aug 13, 2009 3:20 PM CDT

Retail Sales Curb Rally; Dow Climbs 37

July retail sales negative despite 'Cash for Clunkers'

(Newser) - A drop in retail sales reported today cooled off yesterday’s post-Fed-meeting rally, the Wall Street Journal reports. Stocks ended with modest gains as the Commerce Department reported a 0.1% drop in July retail sales despite increased car sales under the “Cash for Clunkers” program. The Dow rose...

Fed Spurs Rally; Dow Up 120

MARKETS

Aug 12, 2009 3:14 PM CDT

Fed Spurs Rally; Dow Up 120

Homebuilders gain as Toll Brothers reports strong profit

(Newser) - Stocks surged to gains before and after the Fed’s relatively positive report on the economy, the Wall Street Journal reports. Most investors took the Fed’s decision to end its buying of long-term Treasurys as a sign that the economy is returning to normal. Financials led gains, along with...

Dow Off 97 Ahead of Fed News

MARKETS

Aug 11, 2009 3:24 PM CDT

Dow Off 97 Ahead of Fed News

S&P falls back below 1,000

(Newser) - Stocks fell today as investors took profits after the recent rally, the Wall Street Journal reports. Traders characterized the market as “on pause” ahead of a Fed statement on interest rates due tomorrow. Bank of America and GE led the Dow lower with 4.4% and 3.6% declines,...

Rally Loses Steam; Dow Off 32

MARKETS

Aug 10, 2009 3:26 PM CDT

Rally Loses Steam; Dow Off 32

Freddie Mac sees shares rise 122% on earnings

(Newser) - Stocks wavered on the heels of last week’s rally, closing slightly lower as investors wait for comments from the Fed, the Wall Street Journal reports. Federal Reserve policy makers will conclude a 2-day meeting on Wednesday and perhaps issue a new assessment of the economic recovery. Despite a broad...

Jobs Lift Stocks; Dow Up 114

MARKETS

Aug 7, 2009 3:15 PM CDT

Jobs Lift Stocks; Dow Up 114

Unemployment report fuels rally

(Newser) - Good news about the labor market fueled a rally in stocks today, the Wall Street Journal reports. Slowing declines in payrolls and a 0.1% drop in unemployment—both figures beat expectations—elevated investor sentiment. AIG jumped 22.2% after reporting a $1.8 billion quarterly profit. The Dow gained...

Goldman Analyst Bullish
on Stocks' Recovery

Aug 6, 2009 5:22 PM CDT

Goldman Analyst Bullish on Stocks' Recovery

Cohen predicts S&P to gain 10% by Jan 2010

(Newser) - A top Goldman Sachs forecaster predicts the recovery in stocks that began in March should hold, Reuters reports. The S&P 500 could rise as much as 10% from its current level to top 1,050-1,100, says Abby Joseph Cohen, the chief of Goldman’s investment policy committee. "...

Dow Off 25 Ahead of July Jobs

MARKETS

Aug 6, 2009 3:38 PM CDT

Dow Off 25 Ahead of July Jobs

Monthly unemployment report will show recovery's progress

(Newser) - Stocks closed lower today ahead of a July unemployment report due tomorrow, the Wall Street Journal reports. Procter & Gamble weighed on the Dow with a 4.7% decline, over doubts about its sales strategy. The Dow fell 25 points to close at 9,256. The Nasdaq lost 20 points,...

Dow Ends 4-Day Run, Dips 39

MARKETS

Aug 5, 2009 3:15 PM CDT

Dow Ends 4-Day Run, Dips 39

Financials rally against broader slump

(Newser) - Stocks fell today on dour data, though some financial firms rallied against the broader slump, the Wall Street Journal reports. The private sector lost 371,000 jobs in July, and the Institute for Supply Management’s index of non-manufacturing activity fell to 46.4 from 47.0 in June. Nonetheless,...

Dow Cools, Still Rises 34

MARKETS

Aug 4, 2009 3:17 PM CDT

Dow Cools, Still Rises 34

(Newser) - Yesterday’s rally segued into a regular day today as markets remained mostly flat on mixed economic data, the Wall Street Journal reports. Home sales were up, but incomes down, and an expected report on rising US oil reserves hurt energy stocks. “It's a day of consolidation after we've...

Dow Up 115 on Manufacturing

MARKETS

Aug 3, 2009 3:11 PM CDT

Dow Up 115 on Manufacturing

Oil hits $71.2 a barrel, highest price in a month

(Newser) - Stocks rallied today on signs of a turnaround for US manufacturing, the Wall Street Journal reports. Oil rose $2.13, to $71.27 per barrel, its highest price in a month, and banks HSBC and Barclays reported strong quarterly earnings. The Dow closed up 114.95 to settle at 9,...

Dow Up 17 to End
Best Month Since '02

MARKETS

Jul 31, 2009 3:15 PM CDT

Dow Up 17 to End Best Month Since '02

Nasdaq falls in today's session, but enjoys big monthly gains

(Newser) - Data which showed a slowing pace of decline for US gross domestic products fueled modest advances in the markets today, with the Dow finishing its best month since October 2002, the Wall Street Journal reports. Bank of America and Alcoa paced advancers, and the Dow closed up 17.15 at...

Dow Climbs 84, Hits '09 High

MARKETS

Jul 30, 2009 3:11 PM CDT

Dow Climbs 84, Hits '09 High

(Newser) - Good earnings reports and stellar performance by General Electric had markets at 2009 highs for a time today, the Wall Street Journal reports. “We have gotten so close to the S&P 1,000 level, you just sort of sense that unless there’s a horrible GDP number tomorrow,...

Dow Slips 26 as Oil Prices Fall

MARKETS

Jul 29, 2009 3:13 PM CDT

Dow Slips 26 as Oil Prices Fall

(Newser) - Markets were off today on plunges in the energy and manufacturing sectors brought on by falling oil prices, the Wall Street Journal reports. A poorly received auction of T-notes also did little to inspire confidence. The world’s largest steelmaker, ArcelorMittal, slipped 7% on a larger than expected loss, and...

Dow Retreats 12 on Weak Data

MARKETS

Jul 28, 2009 3:21 PM CDT

Dow Retreats 12 on Weak Data

Consumer confidence falls from last month

(Newser) - Stocks closed slightly lower today as falling crude prices and shares of energy firms weighed on the broader market, the Wall Street Journal reports. Exxon and Chevron both fell around 1% off a decline of $1.15 in crude oil prices, which stand at $67.32 a barrel. A new...