Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Stocks Bounce, End Mixed

Stocks are up... no down... what's going on?!

By Sam Gale Rosen, Newser Staff

Posted Mar 17, 2008 3:50 PM CDT

(Newser) – Stocks seesawed throughout the day, finally ending today's session mixed, with the Dow closing up. The markets struggled to rebound from serious losses sustained after Bear Stearns' fire sale; buyer JPMorgan Chase's stock closed up 11%. The Dow ended up 21.16 at 11,972.... Read full story »

COMMENTS

Read the comment policy

You need to Log in to Newser to comment. Don't have an account yet? Sign up now!

There are no comments

A snapshot of the day's best news stories.

View Larger Grid

All Today Yesterday Pick a Date

What's Popular Now on Facebook

Cops Shoot Naked Guy Eating Man's Face on Highway

Japanese Artist Serves Up Own Cooked Genitals

CNN (Source Grid »)
Wall Street Journal (Source Grid »)
Bloomberg (Source Grid »)
Financial Times (UK) (Source Grid »)

Strategist: "Today's lack of panic-type selling is another sign that we could be near a bottom"
MarketWatch

More details of the Bear Stearns sale
Bloomberg

Money

stock market • Bear Stearns • euro • yen • US dollar • JPMorgan Chase

More Newser Stories

Dollar Nosedives, Global Markets Tumble

Greenback falls to record lows after Bear buyout, rate cut

(NEWSER) - The dollar took a pummeling and equity markets in Europe and Asia slumped as worried investors reacted to the Bear Stearns fire sale and the Fed's emergency rate cut. The dollar dropped to a shocking 95 yen, hit an all-time low of $1.59 against the euro, and remained below one Swiss franc. The US currency is "facing a credibility crisis," one Asian investor told Bloomberg, while another said that "the Fed is throwing the dollar out of the window." More»

World Markets Tumble, Dollar Hits New Low

Euro hits $1.60 as banks lead declines

(NEWSER) - World stocks hit their lowest level since 2006 today as credit-market losses and weakening consumer confidence sent shares falling, reports Bloomberg. The big banks, from UBS in Europe to Cathay in Asia, led declines. The MSCI World Index, Morgan Stanley's indicator of global finance, has now slid into bear market territory, having lost 21% of its value since October. More»

Dollar Soars to Biggest Weekly Gain in 3 Years

Greenback posts record advances ahead of G8 meeting

(NEWSER) - The dollar posted its biggest gain in almost 3 years this week, soaring 2.5% against the euro and 2.8% against the yen. This morning in London the dollar was trading at $1.54 against the euro, with analysts predicting a rise as high as $1.45 by year's end. European politicians are delighted with the greenback's resurgence; Christine Lagarde, France's finance minister, called it "very satisfying." More»

Dollar Rallies at Last

Greenback posts biggest advance since March as eurozone sputters

(NEWSER) - The dollar rose to a three-week high against the euro today and looked set to post its biggest weekly advance since March. The dollar advanced to $1.55 per euro this morning in London, after falling below the $1.60 barrier on Tuesday. The dollar also gained against the yen, and investors are betting on another strong showing next week, reports Bloomberg. More»

Bear Bid Boosts Stocks

Unexpectedly strong home sales also spur rally

(NEWSER) - Stocks ended up today, thanks to JPMorgan's increased bid for Bear Stearns and unexpectedly strong monthly home-sales data. Still, investors remained cautious, the Wall Street Journal reports. "Who knows if there's going to be another Bear Stearns out there?" an analyst asked. The Dow finished up 187.32 at 12,548.64, the Nasdaq 68.64 at 2,326.75, and the S&P 20.31 at 1,349.82. More»

NEWS FROM OUR PARTNERS

What is Newser?

Face it: there's too much news. At Newser, we choose the most thought-provoking and entertaining stories from hundreds of US and international sources and reduce them to a headline, picture, and two paragraphs. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »

Partnering with: Slate

View Newser on the mobile website

Stocks Bounce, End Mixed

Stocks are up... no down... what's going on?!

stock market • Bear Stearns • euro • yen • US dollar • JPMorgan Chase

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

More Newser Stories

Dollar Nosedives, Global Markets Tumble

Greenback falls to record lows after Bear buyout, rate cut

World Markets Tumble, Dollar Hits New Low

Euro hits $1.60 as banks lead declines

Dollar Soars to Biggest Weekly Gain in 3 Years

Greenback posts record advances ahead of G8 meeting

Dollar Rallies at Last

Greenback posts biggest advance since March as eurozone sputters

Bear Bid Boosts Stocks

Unexpectedly strong home sales also spur rally

About Us

Site

Community

Site Maps

Tools

More News

What is Newser?