Dow Ends Big Week Up 13

(NEWSER) - Stocks ran out of gas at the open today, as investors digested a grim jobs report. The Dow and S&P were essentially flat, the Wall Street Journal reports, while the Nasdaq inched higher, on strong earnings from Research in Motion. The BlackBerry maker posted a 26% gain in earnings and was rewarded with a more than 21% share jump. The Labor Department’s latest report showed unemployment at a 25-year-high. More»

(NEWSER) - Markets ended higher today after a dismal start, buoyed by an ascendant energy sector, the Wall Street Journal reports. The seesaw comes as no surprise to one strategist: “This market is highly vulnerable to get pushed around right now. That’s a factor of light volume.” The Dow, once down 50, finished up 61.22 at 9,279.16. The S&P 500 rose 6.79 to 996.46. And the Nasdaq tacked on 13.32, to 1,969.24. More»

Unemployment report fuels rally

(NEWSER) - Good news about the labor market fueled a rally in stocks today, the Wall Street Journal reports. Slowing declines in payrolls and a 0.1% drop in unemployment—both figures beat expectations—elevated investor sentiment. AIG jumped 22.2% after reporting a $1.8 billion quarterly profit. The Dow gained 113.81 points to close at 9,370.07. The Nasdaq rose 27.09 to 2,000.25, and the S&P 500 added 13.40 to close at 1,010.48. More»

(NEWSER) - Yesterday’s rally segued into a regular day today as markets remained mostly flat on mixed economic data, the Wall Street Journal reports. Home sales were up, but incomes down, and an expected report on rising US oil reserves hurt energy stocks. “It's a day of consolidation after we've had a very strong run,” an analyst says. The Dow was up 33.63 to 9,320.19, the S&P rose 3.02 to 1,005.65, and NASDAQ gained 2.70 to end at 2,011.31. More»

(NEWSER) - Markets were off today on plunges in the energy and manufacturing sectors brought on by falling oil prices, the Wall Street Journal reports. A poorly received auction of T-notes also did little to inspire confidence. The world’s largest steelmaker, ArcelorMittal, slipped 7% on a larger than expected loss, and the tech sector took a hit on Microsoft’s deal with Yahoo. The Dow fell 26 to 9,070.72, the S&P shed 4.49 to end at 975.13, and Nasdaq lost 7.75 to finish at 1,967.76. More»