Another Day, Another Rally

Related Newser Stories

• Stocks Creep Up as Inflation Falls

  Dec 16, 08 8:44 AM CST
  Stocks stepped higher at the open today, as investors awaited what many assumed would be an interest rate cut from the Federal Reserve. The Dow rose 77 points, while the Nasdaq and S&P added 1.6% and 1.4% respectively. Investors also learned that inflation took its biggest dive in 61 years in November, as the labor department reported a larger-than-expected 1.7% dip in its Consumer Price Index. More »

• Stocks Tread Water at Bell

  Dec 15, 08 8:53 AM CST
  Stocks jogged in place at the open as investors awaited smoke signals from the latest Fed meeting. The Dow inched up15 points, while the Nasdaq and S&P added 0.1% and 0.4% respectively, the Wall Street Journal reports. Investors are also awaiting President Bush’s auto rescue plan, the promise of which sent stocks into positive territory on Friday. More »

• Stocks Keep Good Vibes Going

  Nov 25, 08 9:13 AM CST
  Stocks continued to rise at the open this morning, with the Dow climbing more than 100 points and the S&P gaining 1.5%, as investors cheered the Treasury and Fed’s new program to boost consumer credit, the Wall Street Journal reports. The Nasdaq, however, was off slightly. The Dow has gained 10% during the past two sessions, its fastest 2-day climb since 1987. More »

• 100-Point Drop Greets Obama

  Nov 5, 08 8:38 AM CST
  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 facing the new administration,” said one trader. Investors will now turn to economic data, which are expected to be weak. More »

• Market Dips as Eyes Turn to Fed

  Oct 29, 08 8:55 AM CDT
  Stocks took a modest dip at the open today, as investors waited for a rate cut decision from the Federal Reserve. The Dow fell 53 points, while the S&P and Nasdaq crept down 0.9% and 1.1% respectively. Investors are expecting a half-point rate cut, bringing the fed funds rater down to 1%, and some believe an even bigger cut is coming, the Wall Street Journal reports. More »