S&P 500

Stories 1061 - 1080 | << Prev   Next >>

Stocks Dip Again
 Stocks Dip Again 
MARKET Open

Stocks Dip Again

(Newser) - After four consecutive weeks of losses, stocks headed south yet again today, with the Dow down 40 points, and the S&P and Nasdaq sliding 0.5% and 0.2% respectively in early trading, the Wall Street Journal reports. The pessimism comes after the World Bank said that the global...

Dow Up 32; Big Weekly Losses
 Dow Up 32; Big Weekly Losses 
MARKETS

Dow Up 32; Big Weekly Losses

Investors quit trying to call a recovery

(Newser) - Stocks ended mixed after falling for most of today as investors lost hope in a quick recovery, the Wall Street Journal reports. With the job market reaching new lows, General Motors took another big fall. Apple, Verizon and Amazon also saw losses. The Dow pulled up in the last half-hour...

Markets Inch Up
 Markets Inch Up 
MARKET Open

Markets Inch Up

(Newser) - Stocks attempted to mount a rally this morning, following yesterday’s 4.1% Dow plunge. The Dow rose 69 points, while the S&P added 1% and the Nasdaq 0.5%, the Wall Street Journal reports. That move came despite a gruesome jobs report that saw unemployment jump to a...

Stocks Plummet; Dow Falls 281
 Stocks Plummet; Dow Falls 281 
MARKETS

Stocks Plummet; Dow Falls 281

Dow blows by Tuesday low

(Newser) - Stocks fell today, with the Dow passing the bear-market low it set Tuesday, and two giants of US banking and manufacturing trading at less than $2, MarketWatch reports. Mounting problems at Citigroup and General Motors drove their shares to $1.02, and $1.95, respectively. The Dow dropped 281.40...

GM Drives Stocks Back Down
 GM Drives Stocks Back Down 
MARKET Open

GM Drives Stocks Back Down

I bet you didn't even notice the pun

(Newser) - Bears made short work of yesterday’s rally, driving the Dow down 120 points at the open today after GM said its auditors doubted it could continue operating. The S&P sunk roughly 2%, while the Nasdaq fell 1.6%. GM shares plummeted 13%, and are trading below $2. Ford...

Stocks Bounce, Dow Up 150
 Stocks Bounce, Dow Up 150 
MARKETS

Stocks Bounce, Dow Up 150

Optimism on Chinese stimulus felt around the world

(Newser) - Stocks made gains today as a rally in China’s Shanghai Composite lifted several sectors, the Wall Street Journal reports. Optimism over further stimulus efforts by Beijing lifted shares of firms in manufacturing, mining, and technology stocks around the world on hope of increased Chinese demand. The Dow Jones rose...

China's Rally Sends Stocks Up
 China's Rally Sends Stocks Up 
MARKET Open

China's Rally Sends Stocks Up

(Newser) - Stocks surged at today’s open, tracking a huge rally in China, the Wall Street Journal reports. The Dow climbed 100 points, while the S&P and Nasdaq each added 1.8%. That followed a more than 6% leap in the Shanghai Composite, on strong manufacturing data and stimulus discussion....

Stocks Gyrate; Dow Down 37
 Stocks Gyrate; Dow Down 37 
MARKETS

Stocks Gyrate; Dow Down 37

Investors hope yesterday's sell-off brings the market close to a floor

(Newser) - Stocks looked set for rallies several times during today’s session in the wake of yesterday’s sell-off, but closed with mild losses, the Wall Street Journal reports. Shares of General Motors and Ford fell after both reported declining sales for February. The Dow fell 37.27 to close at...

Stocks Inch Up After Plunge
 Stocks Inch Up After Plunge 
MARKET Open

Stocks Inch Up After Plunge

(Newser) - Stocks limped higher at the open today, after a punishing Monday session that left the Dow below 7,000, its worst levels since April 1997. Today the Dow was up 80 points in early trading, the Wall Street Journal reports, while the S&P and Nasdaq added 1.6% and...

Dow Drops 300 to Lowest Close Since '97

Index makes a beeline for 6,000

(Newser) - Investors sold stock in droves today amid continued financial-sector woes and a poor report on manufacturing, the Wall Street Journal reports. Financials sank, and the manufacturing woes sent General Electric, Boeing, Caterpillar and 3M into downward spirals. The Dow fell 299.64 to close at 6,763.29. The Nasdaq...

Dow Drops Below 7000
 Dow Drops Below 7000 
MARKETS

Dow Drops Below 7000

(Newser) - Stocks sunk below 7000 at the open today, extending a global selloff fueled by trouble in financials. The Dow was off 161 points by mid-morning, while the S&P tumbled 2.5%, the Nasdaq 1.9%. Bad news abounded, with HSBC saying it planned to limit US lending, AIG’s...

Dow Falls 119 on Citi Fears
 Dow Falls 119 on Citi Fears 
MARKETS

Dow Falls 119 on Citi Fears

(Newser) - The government’s move to downgrade its shares in Citigroup pushed the Dow down today, Bloomberg reports. Not helping was news that GDP contracted 6.2% in the last quarter, and the end to a weeklong rally by other big banks. The Dow fell 119.15, to 7,062.93;...

Stocks Plunge on GDP, Citi
 Stocks Plunge on GDP, Citi 
MARKET Open

Stocks Plunge on GDP, Citi

(Newser) - Stocks took an early dive today, as investors digested a bleak GDP report and Citigroup’s new rescue package, the Wall Street Journal reports. The Dow tumbled about 125 points, while the S&P lost 2%. The Nasdaq dropped 1.1%. Citigroup shares plummeted 31% after it announced a deal...

Insurers Propel Dow Down 89
 Insurers Propel Dow Down 89 
MARKETS

Insurers Propel Dow Down 89

Obama budget boosts some financials

(Newser) - Stocks turned lower today amid grim economic news and varied responses to President Obama’s budget, the Wall Street Journal reports. Durable goods sank and jobless claims rose, and insurers Aetna and Humana dropped sharply over fears of adverse effects from the administration's healthcare reform. The Dow fell 88.81...

Jobs, GM Can't Knock Stocks
 Jobs, GM Can't Knock Stocks 
MARKET Open

Jobs, GM Can't Knock Stocks

(Newser) - Stocks headed north early, with the Dow up 93 points, despite bleak economic data and a $9.6 billion loss from GM. Jobless claims unexpectedly leaped last week, with total claims topping 5 million for the first time, while durable goods orders sunk 5.2% in January. But JPMorgan rose...

Big Banks Up; Dow Down 80
 Big Banks Up; Dow Down 80 
MARKETS

Big Banks Up; Dow Down 80

Troubled financials boosted by Bernanke comments, Treasury plan

(Newser) - Stocks suffered modest losses today, though prominent financial institutions gained, the Wall Street Journal reports. Details of the Treasury’s “stress tests” and comments from Ben Bernanke disavowing nationalization buoyed Citigroup, Bank of America and Wells Fargo—but another dismal home-sales report depressed the broader market. The Dow fell...

Street Battles Back; Dow Up 236
 Street Battles Back; Dow Up 236 
MARKETS

Street Battles Back; Dow Up 236

Financials lead rally

(Newser) - Stocks rallied today as traders snapped up bargains in the wake of yesterday’s sell-off, the Financial Times reports. Citigroup and Bank of America led the surge after Ben Bernanke said the government would not have to resort to nationalization to save the beleaguered banks. The Dow gained 236.16,...

Dow Off 251; Lowest Close Since '97
 Dow Off 251; 
 Lowest Close Since '97 
MARKETS

Dow Off 251; Lowest Close Since '97

Financials do better on reports of that nationalization will be gentle

(Newser) - Stocks fell today as concerns about waning global demand sank shares of giants like IBM, Hewlett-Packard, General Electric, and Alcoa, the Wall Street Journal reports. Citigroup bucked the trend on reports that a government takeover wouldn’t wipe out shareholders, and rose 11%. The Dow fell 250.89 to 7,...

Stocks Make Modest Gains
 Stocks Make Modest Gains 
MARKET Open

Stocks Make Modest Gains

(Newser) - Stocks went modestly higher at the open today, with the Dow up about 60 points and the Nasdaq and S&P gaining 0.5% and 0.9% respectively, driven by big gains in financials. Citigroup was up 18%, after the Wall Street Journal reported that the government might convert its...

Dow Ends Sorry Week Off 101
 Dow Ends Sorry Week Off 101 
MARKETS

Dow Ends Sorry Week Off 101

Nationalization talk spurs financial sell-off

(Newser) - Stocks lost value again today as talk of nationalizing top US banks spurred investors to sell financials, MarketWatch reports. The Obama administration tried to tamp down the nationalization chatter, but without success. Meanwhile, General Electric and General Motors fell 6% and 16%, respectively. The Dow lost 100.28 to close...

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