Skip to: Content
Skip to: Site Navigation
Skip to: Search
SUNDAY, NOVEMBER 8, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter


 MARKETS 
0

Dow Up 57 on Housing Data

Share

(Newser) – Markets were up today on a surging food sector and good data from the manufacturing and housing industries, the Wall Street Journal reports. A key manufacturing activity index jumped from May to June, and an indicator of pending home sales also climbed for the fourth straight month. Amid the gains, the dollar weakened on strong economic recovery news from China. The Dow jumped 57.06 to 8,504.06, the S&P rose 4 to 923.32, and the Nasdaq tacked on 10.68 to end at 1,845.72.

Traders work on the floor of the New York Stock Exchange.
Traders work on the floor of the New York Stock Exchange.   (AP Photo)
Traders work on the floor of the New York Stock Exchange.
Traders work on the floor of the New York Stock Exchange.   (AP Photo)
« Prev« Prev | Next »Next » Slideshow

The government's goal here seems to be to have the dollar weaken at a slow enough pace that no one really notices. From their standpoint, you can see where it would make sense as a way to pay down the deficit they're running up. - Joe Trevisani, FX Solution

« Prev« Prev | Next »Next » Slideshow
OFF THE GRID
11.6.09
Galleon Scandal: Shocked, Shocked by Insider Trading
11.5.09
Rupert Murdoch Is Mad but Cute
0 comments
VIEWING:
 
LEAVE A
COMMENT Comment Policy
Facebook ConnectPost this comment to Facebook?

After connecting you will have the option to post your comment on your Facebook profile.

 

Related Newser Stories

219 Stories

MARKETS

 Dow Up 30 After Rally Fizzles 

Merck sees big gains on earnings projection

Nov 4, 09 3:16 PM CST
(Newser) - A rally that saw the Dow up almost 140 points on the Fed’s announcement that it would keep interest rates low for an “extended period” collapsed in the final hour of trading today, the Wall Street Journal reports.Tanking insurance stocks were blamed.
  • The Dow closed up
... More »

MORE ABOUT:
stock market • Dow Jones • Nasdaq • S&P 500

MARKETS

 Dow Ends Shaky Day Up 76 

Markets continue 7th day of wild variations

Nov 2, 09 3:09 PM CST
(Newser) - Stocks seesawed today as good economic data on industry and the housing sector drove big early gains, which then fell victim to selloffs in the financial sector, the Wall Street Journal reports.
  • The Dow climbed 76.71 points to close at 9,789.44.
  • Nasdaq tacked on 4.
... More »

MORE ABOUT:
stock market • NASDAQ • New York Stock Exchange • housing market • Dow Jones • financial sector • S&P 500

MARKETS

 Dow Falls 250, 
 Biggest Loss Since April 

Monthly picture shows Dow growth flat

Oct 30, 09 3:15 PM CDT
(Newser) - Stocks tumbled today as flat consumer spending in September deflated investor optimism over yesterday's positive GDP news, the Wall Street Journal reports.
  • The Dow lost 249.85 points to close at 9,712.73.
  • The Nasdaq fell 52.44, closing at 2,045.11.
  • The S&P
... More »

MORE ABOUT:
NASDAQ • Dow Jones • Nasdaq • S&P 500

MARKETS

 Dow Falls 120 on Shaky Data 

Oil and metal prices see big drops

Oct 28, 09 3:13 PM CDT
(Newser) - Stocks tumbled into the close today as investors grew increasingly risk-averse after the release of disappointing reports on durable goods and new-home sales, the Wall Street Journal reports.
  • The Dow fell 120 points to close at 9,762.
  • The Nasdaq dropped 56 points to 2,060.
  • The
... More »

MORE ABOUT:
stock market • Dow Jones • Nasdaq • S&P 500

MARKETS

 Dow Falls 92, 
 Ends Below 10,000 

Analyst's Wells Fargo cut has far-reaching impact

Oct 21, 09 3:06 PM CDT
(Newser) - Stocks tanked today in the final hour of trading after renowned analyst Dick Bove downgraded Wells Fargo to “sell.” The bank had posted $3.2 billion in third-quarter net income, but it also reported rising loan delinquencies. Home Depot, Merck, and Boeing all saw losses as the broader... More »

MORE ABOUT:
stock market • Dow Jones • Nasdaq • S&P 500

219 Stories


Business 
TwitterFollow @NewserBusiness on Twitter

 
stock market • NASDAQ • New York Stock Exchange • Dow Jones • Kraft • manufacturing • General Mills • S&P 500 • housing sector

from our news partners