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July 9, 2008 11:09:40 AM CDT


Stories related to: NASDAQ

Stories

18 Stories

  • June 2008
    • $142 Oil Drives Stocks Down

      $142 Oil Drives Stocks Down

      The markets fell today, continuing the slide that marked yesterday’s session. Investors continued to mull the tidal wave of bad news that hit the financial, tech and consumer discretionary sectors Thursday, MarketWatch reports. The Dow fell 104.46 to 11,348.96, the Nasdaq lost 5.74 to close at 2,315.63, and the S&P 500 dropped 4.68, closing at 1,278.47. More »

    • Stocks Dip as Fed Meets

      Stocks Dip as Fed Meets

      The markets seesawed throughout today's session, closing down slightly as a minor rally in financials offset bad economic news and warnings of a poor quarter for UPS, MarketWatch reports. The Dow fell 34.93 to 11,807.43, Nasdaq dropped 17.46 to 2,368.28, and the S&P 500 lost 3.71 to finish at 1,314.29. More »

  • May 2008
    • Meager Gains as Oil Retreats

      Meager Gains as Oil Retreats

      Stocks eked out small gains after two days of big losses as surging oil pulled back from a new record of $135 per barrel to $131.79, the Wall Street Journal reports. The Dow rose 24.43, closing at 12,625.62, while the Nasdaq climbed 16.31 to settle at 2,464,58. The S&P 500 rose 3.64, finishing the session at 1,384.35. More »

    • Inflation News Boosts Stocks

      Inflation News Boosts Stocks

      Stocks were up today on consumer price data showing lower-than expected inflation and on declining oil prices. A Labor Department report showed the CPI rose only 0.2% in April, reports the Wall Street Journal . The Dow ended up 65.71 to 12,897.89, the Nasdaq rose 1.58 to 2,496.70, and the S&P rose 5.56 to 1,408.6. More »

    • Stocks Sink as Crude Soars

      Stocks Sink as Crude Soars

      Stocks zoomed downward today as oil topped $123 a barrel, hastening a sell-off by anxious investors. "You can still get a lot of nervousness when they see these daily moves in crude, along with follow-through in the stock market," an analyst tells the Wall Street Journal . The Dow ended down 206.48 to 12,814.35, the Nasdaq 44.82 to 2,438.49, and the S&P 25.69 to 1,392.57. More »

  • April 2008
    • Techs Give Lift to Markets

      Techs Give Lift to Markets

      Stocks ended slightly up today on mixed news, as techs did well but many financials struggled. "Tech is one of the few bright spots across a sluggish earnings quarter," a market strategist tells the Wall Street Journal . The Dow ended up 42.99 to 12,763.22, the Nasdaq 28.27 to 2,405.21, and the S&P 4.04 to 1,379.98. More »

  • November 2007
    • Retail Leads Black Friday Rally

      Retail Leads Black Friday Rally

      Stocks rose in an abbreviated session today, cutting losses for the week as early-bird Christmas shopping gave reason for optimism. "The fact that Black Friday is not a disaster and is off to a modest but healthy start is just a relief,'' one analyst told Bloomberg. The Dow closed up 181.84 at 12,980.88, the Nasdaq up 34.45 at 2,596.60, and the S&P 500 at 1,440.70, up 23.93. More »

  • August 2007
    • Stocks Shake Before Fed Speech

      Stocks Shake Before Fed Speech

      Technology shares are still on the rebound, but the credit market continues to shake other stocks as traders await Ben Bernanke's speech on Friday. The tech-heavy NASDAQ gained 2.14 today, to close at 2565.30. But the Dow slipped 50.56 to 13238.73, and the S&P 500 fell 6.12 to 1457.64. More »

    • Techs Lead Mega Stock Rally

      Techs Lead Mega Stock Rally

      The Nasdaq added 2.5% of its value, or 62.52 points, to close at 2563.16, its biggest gain of the year. Techs were up across the board, after hard-disk manufacturer Seagate announced better-than-expected profits and outlook, and Apple hinted at a new line of iPods. Nokia and Intel posted big gains, but the surge was felt widely: winners outnumbered losers more than 6 to 1 on Wall Street. More »

    • Stocks Plummet on Rate Worries

      Stocks Plummet on Rate Worries

      US stocks tumbled for the second day in a row after Fed minutes drained widespread hope of a rate cut next month, exacerbating slumps in consumer confidence and home values. The Dow dropped 185 to close at 13,135.5, the S&P was off 24.6 at 1,442.17, and the Nasdaq fell 43.1 to 2,518.20. More »

    • Jittery Market Stays Put; Oil Slides Below $70

      Jittery Market Stays Put; Oil Slides Below $70

      Major indexes hovered cautiously around their starting points, as a Washington meeting between Ben Bernanke, Chris Dodd and Hank Paulson allayed traders' concerns that an academic Fed is callous to Wall Street's ongoing credit crunch. Winners outnumbered losers 3 to 2, but the Dow was off 30.49 to close at 13,090.86. More »

    • Blue Chips Hop Slightly on Fed Confidence

      Blue Chips Hop Slightly on Fed Confidence

      The Dow was up 42.27 to close at 13,121.35, as winners outnumbered losers about 7 to 6—the third straight positive day on Wall Street. But short-term treasury yields plummeted as speculation increased that the Fed will cut the benchmark rate at its next meeting. Volume on the market was low—about 1.5 billion—as retail and mining led the charge. More »

    • Dell to Rewrite Cooked Books

      Dell to Rewrite Cooked Books

      The Dell computer company will have to restate four years of financial data after an audit revealed that executives inflated numbers to meet quarterly goals, firm officials announced yesterday. The adjustments would lower the company's stated net income by as much as $150 million, Reuters reports. But analysts say the news is better than expected, with Dell rising 3 percent in after-hours trading. More »

    • Stocks Seesaw as Credit Crisis Deepens

      Stocks Seesaw as Credit Crisis Deepens

      The Dow closed down 15.69 at 12845.78 today, after plummeting 343 points in early morning trading on fears the credit debacle was spilling into the larger market. Investors continued to fret about the rising yen and nervous foreign markets, but rumors that the Fed would cut interest rates continued to percolate late into the day, despite contrary hints from Ben Bernanke. More »

  • July 2007
    • Deals Excite Nervous Markets

      Deals Excite Nervous Markets

      The Dow rose 126.81 points to 13535.43 today, as several big deals assuaged traders worried the recent LBO spate is coming to an end. Chief among them, the Journal 's Market Watch reports, was a $32.6B buyout of BCE, Canada's largest telecom, by a consortium including two US firms. More »

  • May 2007
    • Dow Hits Another Record —17th for the Year

      Dow Hits Another Record —17th for the Year

      Strong factory orders and media-buyout mania helped push the Dow to another record high, closing at 13,211. The index jumped 76 points, riding news of yesterday's News Corp. offer for Dow Jones and Co. and today's Cablevision deal, as well as a better-than-expected March bump in factory orders. More »

  • April 2007
    • Dow Hits New High

      The Dow closed at a record high of 12,961.98 today, gaining 153.35 points as it rode a wave of positive earnings reports that pushed the S&P 500 and the Nasdaq to six-year highs, too, CNN reports. The Dow reached an all-time high of 12,966.29 shortly before its third straight record close. More »

    • Nasdaq Options Philly Mart

      Nasdaq Options Philly Mart

      The tech-heavy Nasdaq exchange is looking to expand into the options-trading market, and it's in talks with the Philadelphia Stock Exchange about a possible merger. Nasdaq's bid to buy the third-largest options trading exchange, valued at up to $300 million, comes as a number of bigger exchanges are on the hunt  for smaller aquisitions, reports the Wall Street Journal. More »

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