S&P 500 – News Stories About S&P 500 - Page 55

MARKET Open

Feb 20, 2009 8:52 AM CST

Stocks Can't Stop Bleeding

(Newser) - Stocks continued their march downward at the open today, following a wave of selloffs around the globe. The Dow dropped 136 points, after closing at a six-year low yesterday. The S&P plunged 1.8%, while the Nasdaq was off 1.1%. Yesterday’s US losses triggered a wave of...

Dow Drops to 6-Year Low

MARKETS

Feb 19, 2009 3:22 PM CST

Dow Drops to 6-Year Low

Fifth Third Bancorp reports losses

(Newser) - Stocks fell again today, with the Dow sinking to its lowest point in six years, MarketWatch reports. The usual financials led declines, with poor results from Fifth Third Bancorp souring sentiment. The Dow fell 89.68 points to close at 7,465.95. The Nasdaq lost 25.15 points, closing...

Stocks Rise on Job, Price Data

MARKET Open

Feb 19, 2009 8:52 AM CST

Stocks Rise on Job, Price Data

(Newser) - Stocks climbed at the open, following jobless claims and wholesale price reports that, for once, didn’t contain any nasty surprises. The Dow was up 35 points, while the Nasdaq and S&P each rose about 0.8%. The producer-price index rose 0.8% in January, reflecting a widespread rise...

Stocks Mixed; Dow Up 3 Points

MARKETS

Feb 18, 2009 3:17 PM CST

Stocks Mixed; Dow Up 3 Points

Greenspan comments on nationalization keep financials down

(Newser) - Stocks vacillated between minor gains and losses today, perking up slightly after President Obama announced his housing plan, MarketWatch reports. Financials continued to slide after Alan Greenspan suggested in a Financial Times interview that bank nationalization would be the “least bad” way to solve the crisis. The Dow gained...

Stocks Flat Despite
Housing Plan

MARKET Open

Feb 18, 2009 8:49 AM CST

Stocks Flat Despite Housing Plan

(Newser) - Stocks barely budged at the open today, as optimism over President Obama’s home foreclosure plan was canceled out by grisly housing numbers. The Dow inched up a handful of points, while the Nasdaq and S&P each gained about 0.5%. Housing starts fell 16.8% in January, much...

Dow Plunges Nearly 300

Feb 17, 2009 3:14 PM CST

Dow Plunges Nearly 300

Global markets set losing tone for NYSE

(Newser) - Stocks plunged today as President Obama signed the economic stimulus package into law, MarketWatch reports. With a negative tone set by losses in the overseas stock markets, financials led declines, with Bank of America, Citigroup, JP Morgan Chase, and American Express all down at least 9%. The Dow lost 297....

Stocks Plummet on
Global Panic

MARKET Open

Feb 17, 2009 8:54 AM CST

Stocks Plummet on Global Panic

(Newser) - Stocks fell at the open, as investors continued to fret about the financial system. The Dow dropped 150 points, while the Nasdaq and S&P lost around 2.9% each. The declines follow similar losses overseas, with the Nikkei down 1.4%, the Shanghai Composite down 2.9% and the...

Dow Ends Bad Week Down 82

MARKETS

Feb 13, 2009 3:23 PM CST

Dow Ends Bad Week Down 82

Energy firms see gains on oil rally

(Newser) - Stocks fell today after treading water for most of the session, the Wall Street Journal reports. Financials fell, but a rise in energy stocks spurred by a $3.53 gain in the price of oil buoyed indices somewhat. The House passage of the stimulus plan seemed to have little effect...

Stocks Tread Water

MARKET Open

Feb 13, 2009 8:49 AM CST

Stocks Tread Water

(Newser) - Stocks were mixed at the open today, as uncertainty over the government’s rescue plan continued to nettle investors, the Wall Street Journal reports. Stocks vacillated between gains and losses, with the Dow recently down 26 points, and the S&P and Nasdaq down about 4 points each. Among individual...

Stocks Mixed, Dow Down 6.7

MARKETS

Feb 12, 2009 3:25 PM CST

Stocks Mixed, Dow Down 6.7

Obama mortgage plan helps stocks recover

(Newser) - Stocks ended mixed today, recovering from sharp losses on reports that the Obama administration is planning a program to subsidize mortgage payments for some homeowners, the Wall Street Journal reports. Nonetheless, continued uncertainty over how the Treasury’s rescue plan will value the so-called “toxic” assets kept bank stocks...

Stocks Plunge Despite
Retail Surge

MARKET Open

Feb 12, 2009 8:56 AM CST

Stocks Plunge Despite Retail Surge

(Newser) - Stocks plunged at the open this morning, despite a surprisingly good retail sales report, the Wall Street Journal reports. Retail sales unexpectedly rose 1% in January, ending a seven-month slide, but the Dow tumbled more than 150 points at the open anyway. The S&P shed 1.7% and the...

Dow Up 50 on Stimulus Deal

MARKETS

Feb 11, 2009 3:21 PM CST

Dow Up 50 on Stimulus Deal

Stocks stage mild recovery after yesterday's rout

(Newser) - Stocks posted mild gains today, MarketWatch reports. The indices had fallen to losses but headed up again after Harry Reid announced that the Senate had reached an agreement on the stimulus package. Beleaguered banks Citigroup and Bank of America were both up 8% after yesterday’s sell-off. The Dow rose...

Stocks Rebound Slightly

MARKET Open

Feb 11, 2009 8:47 AM CST

Stocks Rebound Slightly

From yesterday's massacre

(Newser) - Stocks limped higher today, with the Dow up 75 points after yesterday’s 382 point massacre. A 2.9% financial sector rally led the S&P 0.8% higher, but unease remains over the lack of details in Timothy Geithner’s new economic rescue plan. The Nasdaq, meanwhile, inched up...

Dow Plunges 382 Points

MARKETS

Feb 10, 2009 3:14 PM CST

Dow Plunges 382 Points

Geithner's rescue plan lacks sufficient detail to reassure investors

(Newser) - Stocks plummeted today as investors found Timothy Geithner’s description of the bank rescue plan too broad to spur a revival in financial stocks, MarketWatch reports. Analysts criticized Geithner’s announcement for failing to sufficiently describe the role of private capital in the rescue. Citigroup and Bank of America both...

Stocks Slip on Bailout Jitters

MARKET Open

Feb 10, 2009 8:53 AM CST

Stocks Slip on Bailout Jitters

(Newser) - Stocks took a dip at the open today, as investors awaited news on how the remaining $350 billion of the $700 billion bank rescue will be spent. The Dow shed 56 points, while the Nasdaq and S&P inched down 0.2% and 0.7%, respectively. GM’s shares were...

Indexes Mixed, Dow Drops 10

MARKETS

Feb 9, 2009 3:16 PM CST

Indexes Mixed, Dow Drops 10

All eyes are on Treasury's bank plan

(Newser) - Markets were mixed today as the delayed White House bank bailout plan left investors with little to go on, MarketWatch reports. Still, some financials soared, with Bank of America up 11.28% and insurers Hartford and Genworth Financial up at least 14%. The Dow fell 9.96 points to close...

Stocks Down on Bailout Delay

MARKET Open

Feb 9, 2009 8:41 AM CST

Stocks Down on Bailout Delay

(Newser) - Stocks slid at the open, after Timothy Geithner pushed back the announcement of his much-anticipated bank rescue plan until tomorrow. The Dow dropped 40 points, while the Nasdaq and S&P barely budged, falling 0.6% and 0.4% each. But financial stocks actually rose, with Bank of America, Citigroup,...

Stimulus Hope Lifts Dow 217

MARKETS

Feb 6, 2009 3:21 PM CST

Stimulus Hope Lifts Dow 217

Market shrugs off 7.6% unemployment

(Newser) - Stocks rallied today as investors anticipated quick action on a stimulus package, MarketWatch reports. Unemployment for January was 7.6%, but investors are betting the frightening figure will spur Congress to expedite the bill. The Dow rose 217.52 to close at 8,280.59. The Nasdaq gained 45.47...

Stocks Up Despite Job Plunge

MARKET Open

Feb 6, 2009 8:47 AM CST

Stocks Up Despite Job Plunge

(Newser) - Stocks shot up at the bell, despite a grisly nonfarm payrolls report, as investors bet on a stimulus package boost. The Dow climbed 100 points, while the S&P and Nasdaq each gained about 1.4%. Unemployment hit 7.6% after a grim January, the Labor Department announced today. But...

Dow Up 106; Hope for a Bottom

MARKETS

Feb 5, 2009 3:18 PM CST

Dow Up 106; Hope for a Bottom

MasterCard's success boosts financials

(Newser) - Stocks rebounded after initially falling lower today, as investors snapped up bargains from depressed equities, MarketWatch reports. MasterCard led advances with a 14% gain after beating profit estimates. Wal-Mart was another strong performer, rising 4.33% on strong January sales. The Dow closed up 106.41 at 8,063.07....