Earnings Drive Stocks Higher

S&P slips below threshold at this morning's open

(NEWSER) - Wall Street is getting nervous, and not because of protesters. Stocks have been plummeting hard, and are now just inches above the threshold for what traders consider a bear market. The Dow dove 240 points on Friday and another 258 yesterday, leaving it perilously close to the bear market threshold of 10,248, the Wall Street Journal reports. The S&P slid below the threshold at this morning's open. More»

S&P 500, Nasdaq follow suit

(NEWSER) - No major relief for the markets today, at least not so far: The Dow was down about 100 points at open, resting below 10,900, according to MarketWatch . The S&P 500 and Nasdaq were also down, 7 points and 5 points, respectively. And the news from abroad isn't any cheerier ... More»

S&P, Nasdaq follow suit

(NEWSER) - The Dow plunged more than 300 points at the open today, and dropped almost 500 before retreating, as investors worried about Europe and the global economy. It's currently hovering just below 11,000, according to Marketwatch . The S&P 500 also dropped 48 points to 1,146, while the Nasdaq fell 115 points to 2,397. The Wall Street Journal notes that, in particular, Bank of America and HP shares tumbled. More»

S&P 500, Nasdaq also rise

(NEWSER) - Markets are up, at least for now: The Dow was up more than 100 points at open, with the S&P 500 and Nasdaq following suit, up about 11 and 13 points, respectively, MarketWatch reports. An upbeat report on retail sales no doubt prodded stocks upward: July sales rose a seasonally adjusted 0.5%, their biggest gain in four months. Currently the Dow is hovering in the 11,200 range. More»

(NEWSER) - Stocks barely moved at today's open as traders awaited details on which banks would get approval to repay TARP funds, the Wall Street Journal reports. The Dow climbed less than 20 points; Procter & Gamble fell 1.4% after announcing its succession plans. The Nasdaq rose 0.6% and the S&P added 0.3%, with a 1% boost in its energy sector. Texas Instruments was up 6% after increasing its forecast, and Treasury note yields fell. More»