Dow Rally Ends Dreadful Month

More ugly news makes for yet another volatile day

(NEWSER) - Stocks remained volatile and swung lower at the end of the today’s session,as bad economic news convinced investors the financial crisis is not over yet, MarketWatch reports. The Dow closed down 127.04 at 8,852.22, but posted a weekly gain after four weeks of losses. The Nasdaq lost 6.42 to 1,711.29, and the S&P 500 fell 5.88 to settle at 940.55. More»

Investors see signs of gradually easing credit—and bargains, driving up market late

(NEWSER) - Stocks rallied late in today’s volatile session, but stopped short of recovering yesterday’s sharp losses, rollercoastering through an 800-point range, MarketWatch reports. Crude oil futures fell $4.69, to about half of their record high in July, on a report that showed US inventories increasing. The Dow rose 401.35 to 8,979.26. The Nasdaq gained 89.38, closing at 1,717.71, and the S&P 500 climbed 38.59 to 946.43. More»

Retail sales beat expectations in November

(NEWSER) - Stocks ended today's session mixed, with the Dow posting solid gains. Alcoa saw a. 8% jump on an optimistic profit estimate by JPMorgan, and the University of Michigan/Reuters December consumer sentiment index beat expectations, the Wall Street Journal reports.

• The Dow rose 65.67 points to close at 10,471.50.
• The Nasdaq fell 0.55, settling at 2,190.51.
• The S&P 500 gained 4.06, closing at 1,106.41.

Dow still on track for best quarter in 10 years

(NEWSER) - Stocks fell today as traders lost some of yesterday’s confidence ahead of looming job reports. ADP will release its September survey tomorrow, with weekly data due Thursday and the government’s nonfarm payrolls report coming Friday. The Conference Board’s consumer confidence index, which analysts had been expecting to rise, fell in September. The Dow dropped 47.16 points to 9,742.20. The Nasdaq lost 6.70, settling at 2,124.04, and the S&P 500 dropped 2.37 to close at 1,060.61, the Wall Street Journal reports. More»

Intel, Dell see gains

(NEWSER) - Stocks mostly fell today despite good news from the tech sector, the Wall Street Journal reports. The Reuters/University of Michigan index of consumer confidence fell in August, dragging the markets down. Intel rose 4.32% after raising its third-quarter profit forecast, while Dell gained 1.89% on second-quarter earnings that beat expectations. The Dow fell 36.43 points to 9,545.20. The Nasdaq added 1.04 to settle at 2,028.77, and the S&P 500 lost 2.05, closing at 1,028.93. More»