S&P 500 – News Stories About S&P 500 - Page 53

UPDATED

Mar 23, 2009 8:51 AM CDT

Stocks Soar 300+ on Geithner Plan

(Newser) - Stocks sprinted out of the gates today, the Wall Street Journal reports, spurred by the Treasury’s long-awaited toxic asset plan. The Dow was up 316 just after noon, while the Nasdaq and S&P 500 added 4.1% and 4.5%, respectively. Banking stocks were the biggest winners, with...

Banks Fall; Dow Slides 122

MARKETS

Mar 20, 2009 3:20 PM CDT

Banks Fall; Dow Slides 122

But indices lock in first two-week winning streak in nearly a year

(Newser) - Stocks fell today but managed to lock in the first two consecutive weeks of gains since May 2008, the Wall Street Journal reports. Comments from FDIC chair Sheila Bair that she expects bank failures to drain her agency sank financials, with the broader market following suit. The Dow dropped 122....

Stocks Inch Up; Volatility Likely

MARKET oPEN

Mar 20, 2009 8:44 AM CDT

Stocks Inch Up; Volatility Likely

(Newser) - Stocks advanced by inches this morning, as investors remained cautious about the Federal Reserve’s latest recovery moves, the Wall Street Journal reports. The Dow rose 25 points, while the Nasdaq rose 0.5% and the S&P crawled up 0.2%. But that calm probably won’t last long—...

Dow Drops 86 on Financials

MARKETS

Mar 19, 2009 3:23 PM CDT

Dow Drops 86 on Financials

(Newser) - Financial stocks led declines today as the boost from the Fed’s announcement of new plans to lower lending costs faded, the Wall Street Journal reports. Citigroup and Bank of America shares both fell at least 10%, giving back recent gains. Crude oil rallied to $50.80 a barrel, the...

Stocks Head Higher on Job Data

MARKET Open

Mar 19, 2009 8:40 AM CDT

Stocks Head Higher on Job Data

(Newser) - Stocks headed slightly higher at the open, as commodities rallied and investors cheered better-than-expected jobless claims numbers. The Dow rose 31 points, and the S&P and Nasdaq were up 0.9% and 0.8% respectively. Initial jobless claims fell 12,000 last week, though the four-week moving average rose...

Fed Moves Street; Dow Up 91

MARKETS

Mar 18, 2009 3:23 PM CDT

Fed Moves Street; Dow Up 91

Plan to buy Treasuries, mortgage-backed securities stirs stocks

(Newser) - Stocks slumped today until the announcement of the Federal Reserve’s plans to buy billions in Treasuries and mortgage-backed securities, which caused a minor rally in equities, the Wall Street Journal reports. Treasury prices surged and yields plummeted. The Dow gained 90.88 to close at 7,486.58. The...

Stock Rally Screeches to Halt

MARKET Open

Mar 18, 2009 8:42 AM CDT

Stock Rally Screeches to Halt

(Newser) - Stocks took a turn for the worse at the open today, heading south after yesterday’s rally. The Dow fell 67 points, while the S&P declined 0.8%. The Nasdaq fell 0.5%, but component Sun Microsystems soared 65% on news IBM might acquire it. Investors are anxiously awaiting...

Tech Rallies; Dow Climbs 179

MARKETS

Mar 17, 2009 3:19 PM CDT

Tech Rallies; Dow Climbs 179

(Newser) - Stocks made gains today, with the financial and tech sectors pacing advances, the Wall Street Journal reports. Google and Research in Motion both gained at least 4%, with Citigroup and US Bancorp posting similar rises. The S&P 500’s financial sector gained 6.57%, and the index overall rose...

Stocks Wave Off Housing Surge

MARKET Open

Mar 17, 2009 8:50 AM CDT

Stocks Wave Off Housing Surge

(Newser) - Stocks settled into a holding pattern at the open today, as optimism over a rosy housing report was tempered by a dividend cut from Alcoa. Stocks vacillated between gains and losses, with the Dow recently down 28, while the S&P fell about 2 points and the Nasdaq rose 5....

Gains Fizzle; Dow Down 7

MARKETS

Mar 16, 2009 3:16 PM CDT

Gains Fizzle; Dow Down 7

Tech leads declines, Dow falls from triple-digit gain

(Newser) - Stocks swung back to losses as optimism from last week’s rally faded today, the Wall Street Journal reports. Investors treated last week’s announcements that many troubled financial institutions ran operating profits in the first two months of 2009—ignoring “toxic securities” on their balance sheets—with skepticism....

Stocks Keep Climbing, Up 70

MARKET Open

Mar 16, 2009 8:41 AM CDT

Stocks Keep Climbing, Up 70

(Newser) - Stocks kept up their steady climb at the open, building on last week’s 9% rally. The Dow was up 70 points in early trading, while the S&P added 1.2% and the Nasdaq a more modest 0.5%. Those gains followed nice rallies overseas, with the Nikkei up...

Dow Up 54, Gains 9% for Week

MARKETS

Mar 13, 2009 3:20 PM CDT

Dow Up 54, Gains 9% for Week

Merck surges on proposed merger

(Newser) - Stocks made gains today, extending a winning streak into its fourth day, MarketWatch reports. Merck rose 12.5% on announcement of its merger with Schering-Plough, while General Motors built on recent gains with a 22.9% jump. The Dow closed up 53.92 at 7,223.98. The Nasdaq rose...

Stocks Steady at Open

MARKET Open

Mar 13, 2009 8:44 AM CDT

Stocks Steady at Open

(Newser) - It was another calm open for stocks, with the major indices building ever so slightly on three days of positive movement, the Wall Street Journal reports. The Dow is up 55 points, while the S&P inched up 0.5%, and the Nasdaq slipped down 0.1%. The Dow is...

Dow Up 240, Retakes 7K Mark

MARKETS

Mar 12, 2009 3:19 PM CDT

Dow Up 240, Retakes 7K Mark

Street hits 3-day winning streak

(Newser) - Stocks rose steadily after a morning dip today, with the Dow closing back over 7,000 points, MarketWatch reports. Bank of America and General Motors shot up 18.2% and 14.5%, respectively, after each announced they don’t expect to ask the government for more bailout cash. The Dow...

Stocks Tread Water

MARKET Open

Mar 12, 2009 8:38 AM CDT

Stocks Tread Water

(Newser) - Stocks murmured softly at today's open, barely moving off yesterday’s numbers. The Dow fell 19 points, while the Nasdaq and S&P were essentially flat. GE was on the rise after S&P cut its credit rating less than expected, from AAA to AA+. Investors were also mulling a...

Dow Up 4 as Stocks Waver

MARKETS

Mar 11, 2009 3:12 PM CDT

Dow Up 4 as Stocks Waver

Caution follows yesterday's rally

(Newser) - Stocks finished below today’s session highs but closed with slight gains, barely making the first two-day winning streak in a month, the Wall Street Journal reports. Financials mostly gained, with shares of Citigroup, Morgan Stanley and Bank of America up at least 4%. The Dow closed up 3.91...

Stocks Lose Momentum

MARKET Open

Mar 11, 2009 8:49 AM CDT

Stocks Lose Momentum

(Newser) - Stocks fell ever so slightly at today's open, defying futures that had shown yesterday’s big rally continuing. The Dow inched down 20 points, while the S&P and Nasdaq were essentially flat. But financials were still moving and shaking, with Citigroup adding 13% and Bank of America up 5%,...

Dow Surges 379,
Biggest Gain of Year

MARKETS

Mar 10, 2009 3:25 PM CDT

Dow Surges 379, Biggest Gain of Year

Citigroup leads financials after announcing profitable January and February

(Newser) - Stocks rallied today as financials jumped on news of Citigroup’s profitable January and February, the Financial Times reports. Investors also were cheered by talk of reform from Ben Bernanke—who said the recession could end next year if all goes well—and Barney Frank. Citi, Bank of America, and...

Stocks Head for Rebound

MARKET Open

Mar 10, 2009 8:52 AM CDT

Stocks Head for Rebound

(Newser) - Stocks jumped out of the gate this morning, after a tech-driven sell-off yesterday that brought indexes to new bear market lows. The Dow rose 140 points, with Alcoa up 8% and GE up more than 10%. The S&P and Nasdaq soared 2.3% and 2% respectively. Financials were among...

Tech Stocks Fall; Dow Down 80

MARKETS

Mar 9, 2009 3:19 PM CDT

Tech Stocks Fall; Dow Down 80

Google remains below $300

(Newser) - Withering tech stocks tugged the broader market down today, the Wall Street Journal reports. Hewlett-Packard fell 4.6% while IBM closed down 2.9%, Cisco dropped 3.95% and Google 5.9%—after that stock closed below $300 on Friday for the first time since January. The Dow fell 79....