Dow Falls 35 on Energy Fears

(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»

(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»

(NEWSER) - The tech sector drove a substantial market rally today led by rosy projections from chipmaker Intel, the Wall Street Journal reports. Other technology stocks followed Intel—up 7.5%—as investors predicted a resurgence of the consumer electronics market. Good news from the Fed and the credit industry also helped fuel the surge. The Dow was up 257.62, or 3.1%, to 8,616.21. The S&P gained 26.83, to 932.67. And NASDAQ tacked on 63.17 to end at 1,862.90. More»

(NEWSER) - Markets were mixed today, but the Dow closed at its highest end point in 2009 even as tech and material stocks pulled down other indices, the Wall Street Journal reports. The resurgent dollar cut deeply into the commodities sector. A NYSE computer malfunction also temporarily halted trading in some stocks. “Computers break,” one trader said. “But then they replace them.” The Dow was up 28.34 to 8,799.26, the S&P up 1.32 to 946.21, and the Nasdaq down 3.57 to 1,858.80. More»