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Inflation News Boosts Stocks
 Inflation News Boosts Stocks  
MARKETS

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

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
 Stocks Mostly Down 
 as Oil Rally Resumes 
MARKETS

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
 Stocks Jump as 
 Oil Prices Pull Back 
MARKETS

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
 Stocks Sink as Crude Soars 
MARKETS

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
 Stocks Rally After
 Fannie Mae Woes 
MARKETS

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
 Stocks Fall on Yahoo Plunge,
 Oil Spike 
MARKETS

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

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
 Rate-Cut News 
 Sweeps Away Rally 
MARKETS

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

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
 Fed Rate-Cut Jitters 
 Knock Out Gains  
MARKETS

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
 Techs Give Lift to Markets 
MARKETS

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

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
 Stocks Tick Down on BofA Woes 
MARKETS

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 Up Big on Earnings 
MARKETS

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
Stocks Rise Despite Oil Surge
MARKETS

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...

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
 Stocks Fall as Oil Prices Surge  
MARKETS

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
 Resigned Markets End Mixed 
MARKETS

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
 Stocks Post Small Gains Again 
markets

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...

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