Standard & Poor's

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Dow Ends Day Down 179
 Dow Ends Day Down 179 

Dow Ends Day Down 179

Nasdaq, S&P 500 also down

(Newser) - Stocks are closing sharply lower as materials companies sink along with the prices of oil and copper. The Dow Jones industrial average fell 179 points, or 1.1%, to 16,330 today. The Standard & Poor's 500 index dropped 24 points, or 1.2%, to 1,942 and the...

Dow Jumps 125 in Rebound
 Dow Jumps 125 
 in Rebound 

Dow Jumps 125 in Rebound

But drugmakers slump on concerns of regulations

(Newser) - US stocks are closing higher as investors try to look beyond the uncertain timing of a possible interest rate increase by the Federal Reserve. The Dow Jones industrial average closed up 125 points, or 0.8%, to 16,510 today. The Standard & Poor's 500 index rose eight points,...

Dow Drops 292 to End Week
Dow Drops 292 to End Week 

Dow Drops 292 to End Week

The day's losses wipe out all stock market's gains for the week

(Newser) - US stocks are falling sharply on concern about the outlook for global growth after the Federal Reserve decided to hold off raising interest rates. The Dow Jones industrial average ended down 292 points, or 1.8%, to 16,382 today. The Standard & Poor's 500 index slumped 32 points,...

Dow Falls 65 After Fed Announcement

S&P 500 also falls, but Nasdaq is up

(Newser) - Stocks ended mostly lower after a volatile day as traders tried to figure out what was next for US interest rates. The bumpy trading today came after the Federal Reserve decided to keep interest rates low , citing weakness in the global economy and unsettled financial markets. Bond prices rose, sending...

Dow Ends Day Up 140
 Dow Ends Day Up 140 

Dow Ends Day Up 140

Energy stocks led today's rally

(Newser) - Energy stocks led a rally on the stock market as the price of oil turned sharply higher. The Dow gained 140 points, or 0.8%, to close at 16,739 today. The Standard & Poor's 500 rose 17 points, or 0.9%, to 1,995. The Nasdaq composite climbed...

Dow Closes Up 228 Ahead of Fed Meeting

S&P 500, Nasdaq also end the day up

(Newser) - US stocks are closing solidly higher ahead of the start of a crucial Federal Reserve policy meeting. The Dow Jones industrial average gained 228 points, or 1.4%, to 16,599 today. The Standard & Poor's 500 index climbed 25 points, or 1.3%, to 1,978. The Nasdaq...

Dow Ends Day Up 102
 Dow Ends Day Up 102 

Dow Ends Day Up 102

Nasdaq, S&P 500 also see modest gains

(Newser) - Stocks are ending moderately higher after overcoming a few early stumbles. The Dow Jones industrial average gained 102 points, or 0.6%, to close at 16,433. The Standard & Poor's 500 index increased eight points, or 0.5%, to 1,961. The Nasdaq composite climbed 26 points, or...

Dow Ends Day Up 76
 Dow Ends Day Up 76 

Dow Ends Day Up 76

Nasdaq, S&P 500 also up modestly

(Newser) - Stocks are closing modestly higher as investors parse the latest news on the job market and try to anticipate what's next for US interest rates. The Dow Jones industrial average rose 76 points, or 0.5%, to close at 16,330 today. The Standard & Poor's 500 index...

Dow Ends Day Down 239
 Dow Ends Day Down 239 

Dow Ends Day Down 239

S&P 500, NASDAQ also decline

(Newser) - US stocks are closing lower after an early rally fizzled. The declines today were led by energy stocks as the price of crude oil fell sharply. Traders also worried that a report showing that the number of available jobs soared in July could help convince Federal Reserve policymakers to raise...

Dow Sees 2nd-Biggest Gain of the Year

Ends the day up 390

(Newser) - Stocks are closing sharply higher, bouncing back from a drop last week, as the market's recent bout of volatility continues. The Dow Jones industrial average jumped 390 points, or 2.4%, to 16,492 today. That's the Dow's second-biggest gain this year following an even bigger surge...

Market Ends Second-Worst Week This Year

Dow ends day down 272

(Newser) - Stocks are closing lower after the latest jobs report gave investors few clues about the Federal Reserve's next move on interest rates. It was the second-worst week for the market so far this year. The Dow Jones industrial average lost 272 points, or 1.7%, to 16,102 today....

Dow Ends Day Up 23
 Dow Ends Day Up 23 

Dow Ends Day Up 23

S&P 500 also up, though Nasdaq is down

(Newser) - Stocks are closing mostly higher as markets regain their footing after a turbulent few weeks. The Dow Jones industrial average edged up 23 points, or 0.1%, to 16,374 today. The Standard & Poor's 500 index rose two points, also 0.1%, to 1,951. The Nasdaq composite...

Dow Rebounds, Ends Day Up 293

Nasdaq, S&P 500 are also up

(Newser) - US stocks are closing broadly higher as the market bounces back from a plunge yesterday. The Dow Jones industrial average climbed 293 points, or 1.8%, to 16,351 today. The Standard & Poor's 500 index increased 35 points, or 1.8%, to 1,948. The Nasdaq composite gained...

Stocks See Third-Worst Drop This Year

Dow ends day down 469

(Newser) - Markets are turning turbulent again after investors were unnerved by more signs of weakness in China, the world's second-largest economy. US stocks sank 3% today, their third-worst drop this year. The two bigger falls occurred in the last two weeks. The Dow Jones industrial average dropped 469 points, or...

'Roar' of Vaunted Trading Pits Fades Today

Most NY, Chicago futures pits to close for good

(Newser) - Pete Meegan had every intention of going back to college, but then he got a summer job in the Chicago trading pits and fell in love with the "roar" of the floor, the excitement of "4,000 people yelling, 'Buy! Buy! Buy!'" That roar will...

Argentina Defaults, Blames US

US' handling of talks with bondholders was 'shameful'

(Newser) - First the World Cup loss , now this: Argentina has defaulted for the second time in 13 years—but apparently through no fault of its own. Standard & Poor's considered the country in default yesterday after it failed to make interest payments to its bondholders and CNN reports that may...

S&P Says Lawsuit Is Feds' Revenge for Downgrade

Justice Department calls claim 'preposterous'

(Newser) - Standard & Poor's is claiming that the Justice Department's massive lawsuit against it is simply "retaliation" for the rating agency's 2011 decision to downgrade the US credit rating . In a court filing yesterday, S&P argued that the downgrade was "free speech" and that hence...

Home Prices Take Biggest Jump Since 2006

Up 12.2% in May compared with a year ago

(Newser) - US home prices jumped 12.2% in May compared with a year ago, per the Standard & Poor's/Case-Shiller index of property values; that's the biggest yearly gain since March 2006, reports the AP . The highlights didn't stop there: Bloomberg reports that each of the 20 cities in...

Dow Crosses 15K for First Time

Strong jobs report lifts markets

(Newser) - A big gain in the job market lifted the stock market to a record high this morning. The Dow Jones industrial average crossed 15,000 for the first time, and the Standard and Poor's 500 index, a broader market measure, rose above 1,600. In the first hour of...

Jan. Home Prices See Biggest Jump Since 2006

Case-Shiller index points to 8.1% growth year-over-year

(Newser) - Home prices jumped 8.1% this January compared to a year before, according to the 20-city Case-Shiller index. That beats economists' expectations of a 7.9% increase and marks the biggest year-over-year jump since the summer of 2006, the Wall Street Journal reports. In other words, it's "the...

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