Dow Jones

Stories 1861 - 1880 | << Prev   Next >>

Stocks Sink, Yet End Week Up
 Stocks Sink, Yet End Week Up 
MARKETS

Stocks Sink, Yet End Week Up

More ugly news makes for yet another volatile day

(Newser) - Stocks remained volatile and swung lower at the end of the today’s session,as bad economic news convinced investors the financial crisis is not over yet, MarketWatch reports. The Dow closed down 127.04 at 8,852.22, but posted a weekly gain after four weeks of losses. The...

Stocks Plunge on Housing Data
 Stocks Plunge on Housing Data 
MARKETS

Stocks Plunge on Housing Data

Volatile day ahead

(Newser) - Stocks dropped today at the open, after a dour housing report reaffirmed market pessimism. But the day is expected to be a volatile one, the Wall Street Journal reports, after yesterday’s wild session. The Dow dropped 221 points at the bell, with the S&P and Nasdaq dropping 2....

Dow Up 401 After Seesaw Day
 Dow Up 401 After Seesaw Day 
MARKETS

Dow Up 401 After Seesaw Day

Investors see signs of gradually easing credit—and bargains, driving up market late

(Newser) - Stocks rallied late in today’s volatile session, but stopped short of recovering yesterday’s sharp losses, rollercoastering through an 800-point range, MarketWatch reports. Crude oil futures fell $4.69, to about half of their record high in July, on a report that showed US inventories increasing. The Dow rose...

Why Midafternoon Brings Out the Bears
 Why Midafternoon 
 Brings Out the Bears 
analysis

Why Midafternoon Brings Out the Bears

Wall Street is facing one of its worst bear markets since World War II

(Newser) - An increasingly familiar Wall Street phenomenon—a three-digit swing in the Dow, usually down, in the final hour of trading—is a direct result of population growth in one species: bears. Margin calls are forcing panicked sell-offs, it's true, but the situation is more complicated than that, experts tell...

Stocks Reverse Gains, Dive
 Stocks Reverse Gains, Dive 
MARKETS

Stocks Reverse Gains, Dive

After early surge, Dow drops 300

(Newser) - Stocks reversed their early gains to plunge downward today, with the Dow dropping as much as 324 points, the Wall Street Journal reports, after being up 140 earlier in the morning. The S&P was down 1.9%, thanks largely to a 6% slide in its consumer-staples sector, while the...

Stocks Gain at Open After Yesterday's Plunge
Stocks Gain at Open After Yesterday's Plunge
MARKETS

Stocks Gain at Open After Yesterday's Plunge

...And if you have faith that the story won't change by 4:30, you probably fell hard for that 'bridge in Brooklyn' bubble

(Newser) - Stocks saw a modest bounce at the open this morning, with the Dow up 42 points after a half-hour, following yesterday’s titanic losses, the Wall Street Journal reports. The S&P and Nasdaq rose 0.5% and 1.32% respectively. Panic was staved off by some sound economic data,...

Dow Finishes Down 733
 Dow Finishes Down 733 
MARKETS

Dow Finishes Down 733

Bad data pummels equities; oil drops below $75 per barrel

(Newser) - Stocks continued to slide in the final hours of the trading day as retail sales and manufacturing activity slowed while core inflation jumped, the Wall Street Journal reports. Oil slid $4.09 to $74.54 a barrel, its lowest price in 2008. The Dow closed down 733.08 at 8,...

Stocks Trip Over Bad Econ Data
 Stocks Trip Over Bad Econ Data 
MARKETS

Stocks Trip Over Bad Econ Data

Good results from Coke, JP Morgan drowned out

(Newser) - The bears came out on Wall Street this morning, sending the Dow down 181 at the bell, as a host of negative economic reports drowned out some positive third-quarter results. Retail sales were worse than expected in September, and several other indexes showed manufacturing activity down. The S&P and...

Rally Fizzles to Mild Losses
 Rally Fizzles to Mild Losses 
MARKETS

Rally Fizzles to Mild Losses

Traders worry non-financial stocks may still feel recession's bite

(Newser) - Stocks closed lower today after an earlier rally died down as worries about consumer-discretionary and tech stocks overcame investors’ faith in global actions to quell the credit crisis, the Wall Street Journal reports. The Dow, up nearly 400 early, ended off 76.62, to 9,310.99. The Nasdaq, especially...

Stocks Jump 350+ at Open
 Stocks Jump 350+ at Open 
MARKETS

Stocks Jump 350+ at Open

Dow up nicely again

(Newser) - Stocks were up once again today at the open, as investors cheered the government’s latest rescue moves. The Dow rose 363, while the Nasdaq and S&P rose 2.2% and 3.7% respectively, the Wall Street Journal reports. American stocks were again following on the heels of recoveries...

Dow Gains 936 on New Bailouts
 Dow Gains 936 on New Bailouts 
MARKETS

Dow Gains 936 on New Bailouts

Biggest one-day boost for Dow on record

(Newser) - Weekend news of coordinated global action to buy stakes in troubled banks cheered investors, and the Dow posted its biggest-ever 1-day jump in both points and percentage today, MarketWatch reports. The index rose 936.42 to 9,387.61, the Nasdaq jumped 194.74 to 1,844.25, and the...

Dow Rises 400 at Open
 Dow Rises 400 at Open 
MARKETS

Dow Rises 400 at Open

Market could be recovering

(Newser) - Stocks took a big jump in the right direction this morning, reassured by worldwide efforts to prop up the banking system, the Wall Street Journal reports. The Dow rose more than 400 points at the bell, with the S&P and Nasdaq rising 4.4% and 4.7% respectively. The...

Wild Swings End Ruinous Week
 Wild Swings End Ruinous Week 
MARKETS

Wild Swings End Ruinous Week

(Newser) - Stocks swung erratically at the conclusion of today's trading session, with the Dow rebounding from a dip below 8,000 on an early 700-point plunge and making a quick trip into positive territory. The Dow and S&P 500 eventually recorded their worst weekly drops on record. The Dow fell...

Stocks Plunge 600, Rebound
 Stocks Plunge 600, Rebound 
MARKETS

Stocks Plunge 600, Rebound

Panic grips the street

(Newser) - Stocks continued their rocky ride this morning, plunging more than 600 points after the opening bell before rebounding, reports the Wall Street Journal. The Dow, in what the Journal calls a “slow-motion crash,” was down about 250 points after the first hour. The Nasdaq and S&P followed...

Dow Falls 678 to Sub-9,000 Close
 Dow Falls 678 to Sub-9,000 Close 
MARKETS

Dow Falls 678 to Sub-9,000 Close

Dow falls below 9,000 for first time since 2003

(Newser) - Stocks plunged in the last hours of trading today as a number of government moves did little to shore up investors' confidence, MarketWatch reports. The Dow’s losses accelerated sharply after it dropped below the psychological threshold of 9,000 points. It closed down 678.91 at 8,579.19;...

Stocks Rise at Open as Jobless Claims Fall
Stocks Rise at Open as Jobless Claims Fall
MARKETS

Stocks Rise at Open as Jobless Claims Fall

But volatility ensures we'll need to update this in no time

(Newser) - Stocks saw a strong open this morning, with the Dow rising 135 points after a positive quarterly report from IBM and a rally in European stocks, the Wall Street Journal reports. But investors were also mulling a worse-than-expected jobs report. Though new jobless claims fell by 20,000 last week,...

Stocks Fall 189 Despite Rate Cut
 Stocks Fall 189 Despite Rate Cut 
MARKETS

Stocks Fall 189 Despite Rate Cut

Alcoa offers dismal earnings report to start third-quarter season

(Newser) - Stocks fell nearly 190 points in a volatile day, with investors showing mixed opinions on whether an unprecedented global rate cut by the Fed and foreign central banks would help the credit crisis. After swinging in a 433-point range, the Dow closed down 189.01 points at 9,258.10,...

It Hasn't Been This Bad Since 1937

Stocks stuck in a 'downward spiral of fear;' no end in sight

(Newser) - With investors unconvinced the government’s $700 billion bailout or the Fed’s new plan to buy commercial paper will thaw frozen credit markets, markets remained trapped in “a downward spiral of fear,” reports BusinessWeek. The Dow’s 29% loss this year is its worst since 1937’s...

Dow Drops 508 Points
 Dow Drops 508 Points 
MARKETS

Dow Drops 508 Points

Fed's attempts to help do nothing for equities in the short term

(Newser) - Stocks plummeted today, as actions by the Federal Reserve to prop up the commercial-paper market and hints of an interest-rate cut from Ben Bernanke failed to restore investors’ confidence, the Wall Street Journal reports. The Dow fell 508.39 to 9,447.11. The Nasdaq shed 108.08, closing at...

Stocks Sink as Bernanke Hints at Rate Cut
Stocks Sink as Bernanke Hints at Rate Cut
MARKETS

Stocks Sink as Bernanke Hints at Rate Cut

After early optimistic surge, Dow falls 300 points

(Newser) - Federal Reserve Chairman Ben Bernanke warned today that the financial crisis has not only darkened the country's current economic performance but also could prolong the pain. The Fed chief's gloomy assessment appeared to hint of an interest rate cut on or before the Fed’s next meeting later this month....

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