Mixed Note Caps Big Week

September rally sees slight pullback

(NEWSER) - Stock indices finished mixed today after the markets reached what most traders saw as a slight pause in a very strong September, the Wall Street Journal reports. Financials led declines: AmEx fell 2.9%, while Bank of America lost 1.8%. Google rose 1.1% after Citigroup analysts boosted their third-quarter estimate. The Dow closed down 41.34 points at 9,778.86. The Nasdaq gained 5.18, closing at 2,138.04, while the S&P 500 lost 3.64, finishing at 1,064.66. More»

But extend winning streak to 6th week

(NEWSER) - Stocks gave up afternoon gains to close higher by single digits as a week of first-quarter earnings reports failed to spark a selloff or surge, the Wall Street Journal reports. Google’s stock barely moved after the company reported slowing sales growth. GE and Citigroup earnings beat estimates, but GE failed to lock in significant gains, and Citi closed down 8.5%. The Dow rose 5.90 to close at 8,131.33. The Nasdaq gained 2.63 to settle at 1,673.07, and the S&P 500 added 4.30, closing at 869.60. More»

(NEWSER) - Stocks made gains today, with the financial and tech sectors pacing advances, the Wall Street Journal reports. Google and Research in Motion both gained at least 4%, with Citigroup and US Bancorp posting similar rises. The S&P 500’s financial sector gained 6.57%, and the index overall rose 24.23 to close at 778.12. The Dow closed up 178.73 at 7,395.70, while the Nasdaq gained 58.09, to 1,462.11. More»

Tech leads declines, Dow falls from triple-digit gain

(NEWSER) - Stocks swung back to losses as optimism from last week’s rally faded today, the Wall Street Journal reports. Investors treated last week’s announcements that many troubled financial institutions ran operating profits in the first two months of 2009—ignoring “toxic securities” on their balance sheets—with skepticism. The Dow closed down 7.01 at 7,216.97. The Nasdaq fell 27.48 to 1,404.02, and the S&P 500 lost 2.66, closing at 753.89. More»

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 1,477.29, and the S&P 500 gained 4.45 points to close at 831.95. More»