Stocks Settle Down, End Mixed

Related Newser Stories

• Jobs Data Send Stocks Tumbling

  2 hours, 41 minutes ago
  Stocks took a tumble at the open today, after a stunningly terrible payroll report showed that the US lost more than a half-million jobs in November, the 11th straight month of losses. The Dow fell 95 points, while the S&P and Nasdaq dropped 1% and 1.4% respectively, the Wall Street Journal reports. Treasuries shot up, with 30-year bond yields falling from already record lows. More »

• Warning Signs Sink Stocks

  Dec 3, 08 8:40 AM CST
  Stocks took a tumble at the open today, thanks in part to a private report saying the economy shed 250,000 non-governmental jobs last month, and signs of slowing consumer spending. The Wall Street Journal reports that all 30 Dow stocks were trading lower, bringing the index down 145 points, while the S&P fell 2% on declines in every sector. More »

• Stocks Take Modest Bounce

  Dec 2, 08 8:48 AM CST
  Stocks headed north this morning, after a grisly Monday that saw the Dow fall 7.7% and the S&P 500 drop 8.9%. Things looked less traumatic today, as the Dow rose a modest 68 points at the open, accompanied by 1.2% and 1.4% rises in the S&P and Nasdaq. Treasury notes gave up some of yesterday’s gains, but traders expect them to remain strong. More »

• Is Recession in the Cards? More Turn to Psychics

  Dec 1, 08 2:45 PM CST
  Canadian Ray Pambrun sold many of his stocks in late October and managed to miss the market’s most recent downswing. His secret? Consulting a psychic, who beat out the financial advisers and economists predicting a bottom. It may not be the soundest investment strategy, but clairvoyants have seen business boom since the financial crisis began, the Globe and Mail reports.
  
  More »

• Cramer Shares 'Obama Portfolio'

  Dec 1, 08 12:47 PM CST
  America isn’t out of the economic woods, but savvy investors should drop some kindling on their investment fires, James Cramer writes in New York. “Obama’s swift transition and desire to spend trillions to get us moving could prove that happier days will eventually beckon, at least for a handful of carefully selected companies,” he predicts. Cramer’s stock picks align with Obama’s plans for the nation's infrastructure, alternative energy, consumer lending, and health care. More »