S&P 500 – News Stories About S&P 500 - Page 56

MARKET Open

Feb 5, 2009 8:52 AM CST

Stocks Fall on Retail, Job Data

(Newser) - Stocks slid at the open today, following yet more negative numbers from retailers and the Labor Department, the Wall Street Journal reports. The Dow dropped 52 points, while the S&P fell 1%. The Nasdaq dropped 1.2%, weighed down by sub-par earnings from Cisco. New jobless claims ripped past...

Retail Drives Dow Down 122

MARKETS

Feb 4, 2009 3:15 PM CST

Retail Drives Dow Down 122

Bank of America continues fall as government fix remains unclear

(Newser) - The stock market saw losses today as ugly earnings reports and continued uncertainty over the banking sector soured investor confidence, the Wall Street Journal reports. Bank of America, off 10.6%, was that sector’s big casualty; a grim forecast pushed Costco down 6.8%. The Dow fell 121.70...

Dow Ticks Up Despite Job Woes

MARKET Open

Feb 4, 2009 9:13 AM CST

Dow Ticks Up Despite Job Woes

522K lost last month, fewer than analysts predicted

(Newser) - Stocks were mixed at today’s open after a report estimating that 522,000 private-sector jobs were lost last month, the Wall Street Journal notes. The Dow started down but was recently up 41 points, while the S&P 500 and Nasdaq were marginally higher. Dragging on the Dow were...

Dow Rebounds, Rises 142

MARKETS

Feb 3, 2009 3:13 PM CST

Dow Rebounds, Rises 142

Banks still feel pain ahead of next bailout

(Newser) - Stocks bounced back in the wake of yesterday’s sell-off, with news of a rise in December existing-home sales feeding optimism, the Wall Street Journal reports. Merck continued to rise after reporting a quarterly profit, closing up 7.7% and boosting other pharmaceuticals. The Dow closed up 141.53 points...

Stocks Up After Testing Lows

MARKET Open

Feb 3, 2009 8:55 AM CST

Stocks Up After Testing Lows

Dow moves back toward 8,000 in early trading

(Newser) - Stocks took a modest bounce at the open, after a Monday session that left the Dow near its bear-market lows, the Wall Street Journal reports. The Dow climbed 20 points to 7,958, while the S&P and Nasdaq inched up fractionally. In individual stocks, Motorola plunged 8.6% after...

Stocks Mixed, Dow Down 64

MARKETS

Feb 2, 2009 3:06 PM CST

Stocks Mixed, Dow Down 64

Banks, manufacturing weigh on blue-chip index

(Newser) - Stocks ended mixed today amid a slew of reports of declining earnings and slashed forecasts, the Wall Street Journal reports. Bank shares and manufacturers like Boeing, 3M, and GM led the Dow’s decliners, pushing the index down 64.11 to close at 7,936.75. Tech stocks saw modest...

Stocks Follow Europe Down

MARKET Open

Feb 2, 2009 8:49 AM CST

Stocks Follow Europe Down

Dow dives 110 on heels of big declines overseas

(Newser) - US stocks fell at today’s open, tracking big declines overseas, the Wall Street Journal reports. The Dow was off 110 points, while the S&P and Nasdaq fell 1.2% and 0.9% respectively. Among the big losers were Bank of America, down 7%, and Citigroup, down 6.5%,...

Dow Off 149,
Down 8.8% for Month

MARKETS

Jan 30, 2009 3:18 PM CST

Dow Off 149, Down 8.8% for Month

GDP report ends month of layoffs, losses

(Newser) - Stocks extended losses today off the news of a 3.8% decline in US GDP for the fourth quarter, ending a turbulent month, MarketWatch reports. The report capped a week of widespread layoffs and poor earnings at major US firms. Amazon.com was a rare exception, up 18% on strong...

Stocks Flat After GDP Sinks

MARKET Open

Jan 30, 2009 8:43 AM CST

Stocks Flat After GDP Sinks

(Newser) - Stocks shrugged their shoulders at the open, unsure what to make of a grim, but better-than-expected GDP report. The Dow rose 31 points, while the S&P inched up 4.6 points, and the Nasdaq climbed 15. GDP shrunk 3.8% in the fourth quarter, the biggest contraction in 26...

226-Point Sell-Off Erases Rally

MARKETS

Jan 29, 2009 3:07 PM CST

226-Point Sell-Off Erases Rally

Nervousness builds ahead of January job report

(Newser) - Widespread layoffs and poor housing data spurred a sell-off in stocks that saw the Dow give back yesterday’s gains and more, MarketWatch reports. Weekly jobless claims rose 159,000 and new layoffs were announced at Allstate and Eastman Kodak, stoking fear ahead of next Friday’s January employment report....

Stocks Retreat After Rally

MARKET Open

Jan 29, 2009 8:44 AM CST

Stocks Retreat After Rally

(Newser) - Stocks sank at the open today as investors cashed in after yesterday’s rally. The Dow lost 90 points, while the Nasdaq and S&P both dipped 1.4%. The day’s economic data was negative as usual: Continuing jobless claims rose 159,000, orders for durable goods dropped 2....

Dow Up 201 on Fed News

MARKETS

Jan 28, 2009 3:10 PM CST

Dow Up 201 on Fed News

Obama plan for 'bad bank' inspires confidence

(Newser) - The Fed’s announcement today that it will keep target rates near zero sustained a rally led by financials, the Wall Street Journal reports. Financials continued to rise off the Obama administration’s plan to create a “bad bank” to buy toxic assets, with the Financial Select Sector Fund,...

Stocks Soar on Bank Hopes

MARKET Open

Jan 28, 2009 8:52 AM CST

Stocks Soar on Bank Hopes

(Newser) - Stocks skyrocketed at today's open, spurred by reports that the Obama administration would likely form a “bad bank” to buy up illiquid assets. The Dow jumped 110 points, and the S&P and Nasdaq gained 1.9% and 1.8% respectively. Banking stocks led the way, with Citigroup leaping...

Dow Up 58 On Mixed Data

MARKETS

Jan 27, 2009 3:22 PM CST

Dow Up 58 On Mixed Data

December existing-home sales rise 6.6%

(Newser) - Stocks ended higher for the third straight day today amid mixed financial news, the Finanical Times reports. Home prices sank, leading to a surge in sales, while consumer confidence remained low. A better-than-expected earnings report from AmEx led financials higher as the Dow closed up 58.70 points at 8,...

Earnings Drive Stocks Higher

MARKET Open

Jan 27, 2009 8:54 AM CST

Earnings Drive Stocks Higher

(Newser) - A horrible housing report couldn’t hold stocks down at the open. The Dow rose 57 points, while the S&P and Nasdaq added 0.8% and 0.7% respectively, as investors digested a host of mixed earnings reports. Texas Instruments rose 4.4% after it announced a $107 million...

Dow Ticks Up 38 Amid Layoffs

MARKETS

Jan 26, 2009 3:16 PM CST

Dow Ticks Up 38 Amid Layoffs

Home sales report boosts stocks

(Newser) - Stocks closed with mild gains today even as US firms announced roughly 50,000 job cuts, the Wall Street Journal reports. The market was buoyed by a report that home sales are picking up as buyers take advantage of low prices. The Dow closed up 38.47 at 8,116....

Stocks Shrug Off Job Losses

MARKET open

Jan 26, 2009 8:58 AM CST

Stocks Shrug Off Job Losses

Pfizer deal drives gains

(Newser) - Pfizer’s massive deal to buy Wyeth helped investors shrug off the bloodbath at Caterpillar, Home Depot and Sprint-Nextel this morning, sending indexes slightly higher at the open. The Dow rose 55 points, while the S&P and Nasdaq rose 11 and 18 points respectively. Caterpillar fell 10% pre-market after...

Dow Ends Blah Week Down 45

MARKETS

Jan 23, 2009 3:42 PM CST

Dow Ends Blah Week Down 45

Financials see gains for the day

(Newser) - Stocks were mixed today as bargain buying in the financial sector bolstered some amid a torrent of poor earnings and outlooks from GE, Xerox, Harley Davidson, and AMD, MarketWatch reports. The Dow fell 45.24 points to close at 8,077.56. The Nasdaq gained 11.80, closing at 1,...

Dow Dives Below 8,000

MARKET Open

Jan 23, 2009 8:47 AM CST

Dow Dives Below 8,000

Dow sees big-time dip

(Newser) - Stocks took a dive at the open, following big losses in Europe and more lousy earnings reports, the Wall Street Journal reports. The Dow tumbled 210 points to below 8,000, while the Nasdaq and S&P dove 2.1% and 2.6% respectively. Financials came under renewed pressure, with...

Dow Falls 105 on Banks, Tech

MARKETS

Jan 22, 2009 3:23 PM CST

Dow Falls 105 on Banks, Tech

Jobs and housing data also dismal

(Newser) - Poor economic data and turmoil in the banking and tech sectors pushed stocks lower today, MarketWatch reports. Bank of America fell 13.3% after CEO Ken Lewis dismissed John Thain amid mounting losses in the wake of BoA’s merger with Merrill Lynch. The Dow closed down 105.30 at...