S&P 500

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Dow Falls 427 to Below 8,000
 Dow Falls 427 to Below 8,000 
MARKETS

Dow Falls 427 to Below 8,000

Bad news in housing and predictions of recession sour stocks

(Newser) - Stocks plunged today on a spread of bad economic news, including signs that the housing market is not improving and dire predictions by the Federal Reserve’s interest-rate committee, the Wall Street Journal reports. The Dow fell 427.47 to close at 7,997.28. The Nasdaq lost 96.85,...

Dow Up 151 After Seesaw Day
 Dow Up 151 After Seesaw Day 
MARKETS

Dow Up 151 After Seesaw Day

Housing data drags, but HP, Home Depot fuel optimism

(Newser) - Stocks finished up slightly today amid a raft of mixed economic and earnings news, MarketWatch reports. On light trading volume, the indices swung between significant gains and losses, and the Dow closed up 151.17 at 8,424.75. The Nasdaq clawed out of the red at the last moment,...

Dow Off 223 on Japan, Retail Woes
 Dow Off 223 on Japan, 
 Retail Woes 
MARKETS

Dow Off 223 on Japan, Retail Woes

Manufacturing rises, but it's likely a mirage

(Newser) - Stocks seesawed to losses today as investors absorbed bad retailer reports and news that Japan’s economy had entered a recession, MarketWatch reports. The Dow fell 223.73 to close at 8,273.58. The Nasdaq lost 34.80, closing at 1,482.05, while the S&P 500 shed...

Stocks Drop on Citi, Retail Woes
 Stocks Drop on Citi,
 Retail Woes 
MARKET Open

Stocks Drop on Citi, Retail Woes

(Newser) - Stocks slid at the open, as Citigroup slashed jobs and retailers reported yet more disappointing results. The Dow lost 160 points, while the S&P and Nasdaq dropped 1.8% and 1.5% respectively. Among the big drops were Target and Lowe’s, which each took a 24% hit to...

Retail Pummels Stocks; Dow Off 338
 Retail Pummels Stocks;
 Dow Off 338 
MARKETS

Retail Pummels Stocks; Dow Off 338

Weekly declines inflated by Friday sell-off

(Newser) - Poor earnings dragged the markets down today, as consumers’ reluctance to spend continues to hammer firms reliant on discretionary spending, MarketWatch reports. The day's losses capped weekly declines of at least 5% for all the indices. The Dow fell 337.94 to close at 8,497. The Nasdaq lost 79....

Stocks Sink on Record Retail Plunge
 Stocks Sink on 
 Record Retail Plunge 
MARKET Open

Stocks Sink on Record Retail Plunge

Host of negative news hurts markets

(Newser) - Stocks tumbled at the open today, after a raft of negative news overshadowed yesterday’s big rally. The Dow fell 128 points, while the Nasdaq and S&P shed 2% and 1.8% respectively. The Dow shot up more than 500 points yesterday, but today brought a dismal quarterly report...

Stocks Fight Back; Dow Up 553
 Stocks Fight Back; Dow Up 553 
MARKETS

Stocks Fight Back; Dow Up 553

Index off more than 300 early on ugly jobs news

(Newser) - Stocks rallied late today, overcoming the report of a big jump in weekly jobless claims that pushed the Dow briefly below 8,000 earlier in the session, MarketWatch reports. Amid mixed earnings reports and generally downbeat forecasts, the Dow gained 552.59 to close at 8,835.25. The Nasdaq...

Soaring Jobless Claims Leave Stocks Flat

 Soaring Jobless Claims 
 Leave Stocks Flat 
MARKET Open

Soaring Jobless Claims Leave Stocks Flat

Jobless claims reach 7-year high

(Newser) - Jobless claims rose to a 7-year high last week, but that didn’t appear to move the needle for stocks, which barely budged at today's open. The Dow crept up 66 points, while the S&P and Nasdaq rose 0.9% and 0.4% respectively. A staggering 32,000 filed...

Dow Sinks 411 on Bad News
 Dow Sinks 411 on Bad News 
MARKETS

Dow Sinks 411 on Bad News

Nasdaq below 1,500 for first time in 5 years

(Newser) - Stocks plunged again today as another wave of poor earning reports soured investor sentiment, the Wall Street Journal reports. Henry Paulson's announcement of yet another new direction for the federal bailout failed to inspire confidence as the Dow closed down 411.30 points at 8,283. The Nasdaq lost 81....

Dow Off 177 on Poor Earnings
 Dow Off 177 on Poor Earnings 
MARKETS

Dow Off 177 on Poor Earnings

Goldman report sends life insurance down

(Newser) - Stocks declined today as poor earnings reports made investors bearish, the Wall Street Journal reports. Although news of the Fannie/Freddie plan to speed refinancing efforts for distressed homeowners checked midday losses, the Dow dropped 176.58 to close at 8,693.96. The Nasdaq dropped 35.84, settling at 1,...

Chinese Stimulus Rally Fizzles
 Chinese Stimulus Rally Fizzles 
MARKETS

Chinese Stimulus Rally Fizzles

Earnings reports quash session's early gains

(Newser) - An early rally in reaction to the Chinese government’s fiscal stimulus package couldn’t hold up and the markets ended today's session with losses. Poor quarterly earnings reports soured investor confidence, the Wall Street Journal reports. The Dow fell 73.27 to close at 8,871. The Nasdaq lost...

Chinese Stimulus Lifts Dow
 Chinese Stimulus Lifts Dow 
MARKET Open

Chinese Stimulus Lifts Dow

Index surges 150+ at open, following Asian lead

(Newser) - Stocks jumped out of the gate today, thanks to a $586 billion stimulus package from Beijing. The Dow was up nearly 200 just after opening, the Wall Street Journal reports, and the S&P and Nasdaq climbed 1.8% and 1.2%, respectively. The moves followed rallies overseas, including a...

Stocks Close Up 248 Despite Tough Jobs News

But Friday rally can't heal brutal weekly losses

(Newser) - Stocks gained today despite a big bump in unemployment last month and poor earnings reports, MarketWatch reports. The indexes looked positioned for another late-Friday bloodbath but instead rose sharply in what could be a vote of confidence for President-elect Obama’s economic team. The Dow rose 248.02 to 8,...

Unemployment Hits 14-Year High; Stocks Flat
 Unemployment Hits 14-Year 
 High; Stocks Flat 
MARKET Open

Unemployment Hits 14-Year High; Stocks Flat

To be fair, they've already had the worst two-day stretch since 1987

(Newser) - The economy lost 240,000 jobs in October, bringing unemployment to 6.5%, its highest rate since 1994. It was the 10th-straight negative month, bringing the year’s losses to 1.2 million. But the staggering report did little to move the needle on Wall Street, as the Dow actually...

Dow Off 400+ Again, Below 9K
 Dow Off 400+ Again, Below 9K 
MARKETS

Dow Off 400+ Again, Below 9K

Worrisome news on retail, jobs sink stocks

(Newser) - Stocks added to yesterday’s deep declines with the major indices registering falls of 4%-5% today, MarketWatch reports. A string of poor retail reports soured confidence ahead of tomorrow’s October unemployment report, expected to be grim. The Dow fell 443.48, dropping below the 9,000 mark to 8,...

Dow Tumbles Almost 500
 Dow Tumbles Almost 500 
MARKETS

Dow Tumbles Almost 500

Markets move past election euphoria to sober economic reality

(Newser) - Today's Obama buzz apparently didn't make it to Wall Street, where the markets plunged as dismal economic reports reminded investors of the challenges facing US business, the Wall Street Journal reports. Stocks gave up all of their Election Day gains and continued to fall as the Dow lost 486.01...

100-Point Drop Greets Obama
 100-Point Drop 
 Greets Obama 
MARKET OPEN

100-Point Drop Greets Obama

As ever, the market be crazy

(Newser) - The market had an election hangover this morning. The Dow fell 152 points at the open, The Wall Street Journal reports, following yesterday’s 305-point rise, the biggest Election Day rally ever. “The conclusion of the election race has brought home the reality of the enormity of the task...

Stocks Up 305 in Election Rally
 Stocks Up 305 in Election Rally 
MARKETS

Stocks Up 305 in Election Rally

Indices up 3%-4% after remaining in positive territory for entire session

(Newser) - Stocks rallied on Election Day as investors applauded the looming conclusion to the presidential race, the Wall Street Journal reports. Continuing declines in interbank lending, and strong third-quarter earnings reports also fueled optimism, with the Dow rising 305.45 to close at 9,625.28. The Nasdaq climbed 53.79...

Stocks Grab Election Day Rally
 Stocks Grab Election Day Rally 
MARKETS

Stocks Grab Election Day Rally

Investors vote yes

(Newser) - Investors gave a vote of confidence to the next administration this morning, sending the Dow up 168 points at the opening bell, and the S&P and Nasdaq up 1.9% and 1.6% respectively. “Investors are looking forward to the campaigns being over and moving on with the...

Stocks Flat; Oil Falls $3.90
 Stocks Flat; Oil Falls $3.90 
MARKETS

Stocks Flat; Oil Falls $3.90

Energy concerns take a hit as crude plunges

(Newser) - Stocks held steady today, with the indices ending the session only a few points removed from their opening marks, MarketWatch reports, with General Motors and Ford reporting mammoth October sales drops, and crude plunging $3.90 to $64.25. The Dow fell 5.18 to 9,319.83. The Nasdaq...

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