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NEWS ABOUT: NASDAQ

Dow Bounces Back, Soars 430

Nasdaq, S&P also post huge gains

(AP) - Another crazy day for the markets, but this time they ended way up in positive territory. The Dow rose 430 points to close at 11,239, up nearly 4%. The Nasdaq rose 125 to 2,483 (5.29%) and the S&P 500 jumped 53 to 1,173 (4.74%).... More »

Dow Dives Below 11K on Downgrade

Dow loses 135 points at open, now down more than 500

(Newser) - Investors reacted to the S&P's US credit rating downgrade and Europe's debt woes today exactly the way you'd expect: They panicked. Stocks started low, and have sunk ever deeper throughout the day. As of 2:26pm EST, the Dow was down a whopping 600 points, taking... More »

Dow Rises 61 After Seesaw Day

S&P 500 and Nasdaq decline

(Newser) - This would fall under the category of "volatile" trading day: The Dow rose 61 points to close at 11,445 after a series of wild fluctuations. This morning's better-than-expected jobs report led to an early surge—the Dow rose 170 points shortly after the opening bell, but the... More »

Dow Plummets 513

All major indexes are in negative territory for the year

(Newser) - The only good thing to say about today's stock market is that it's finally over. The Dow fell a staggering 513 points, or 4.3%, to close at 11,384. It's the worst point drop since December 2008 and the worst percentage drop since February 2009, reports... More »

Stocks Keep Plunging

Dow down 100 at midday

(Newser) - Stocks kept on sliding this morning, after a better-than-expected labor report failed to reassure investors. Private employers added 114,000 jobs in July according to ADP, yet as of 11:18, the Dow was down 102 points, according to MarketWatch, with the S&P down 7.46 points and the... More »

Dow Plummets 266, Back Under 12K

Debt deal provides no bounce

(Newser) - Just imagine if they hadn't gotten a deal at the last minute: The stock market had a brutal day, despite today's final passage of the bill to avert a default, reports MarketWatch . The Dow fell 266 to 11,867 (2.2%); Nasdaq fell 75 to 2,669 (2.... More »

Dow Rises 202: Best Day of 2011

Earnings reports and Obama's praise of debt plan raise hopes

(AP) - Strong profits and a bipartisan plan to lift the US debt limit drove a stock market rebound today. Stock indexes rose after Coca-Cola, IBM, and other companies reported rising second-quarter earnings. The three major indexes added to their gains after President Obama praised a proposal by six senators that would... More »

Dow Plummets Below 12K

Unemployment claims, oil prices lead to drop

(Newser) - The number of unemployment claims jumped to 429,000 last week, an unexpected rise that led the Dow Jones industrial average to fall below 12,000. Falling oil prices—they decreased 5% today—also drove US stocks lower, the AP reports. The Dow was down recently more than 215 points,... More »

Dow Tumbles 172, Closes Below 12K

It's the worst weekly losing stretch since 2002

(AP) - The Dow Jones industrial average closed below 12,000 today, the first time it has dropped below that mark since March. Fears that the global economic recovery has stalled also weighed on other indexes. The market registered its sixth straight weekly loss, the longest weekly losing streak since the fall... More »

Dow Plunges 280, Erases Quarter of Year's Gains

Two bleak reports raise fears about recovery

(AP) - Fears that the US economy is stalling sent the Dow Jones industrial average down 280 points, erasing more than a quarter of the stock market's gains for the year. A pair of reports raised new doubts about the economy's strength: A key manufacturing index fell from its April... More »

Nasdaq, ICE Drop Bid for NYSE Euronext

They recognized transaction would not receive regulatory approval

(AP) - Nasdaq and IntercontinentalExchange are withdrawing their proposed $11 billion bid for the parent of the New York Stock Exchange after recognizing they would not receive regulatory approval for the transaction. The two financial giants announced today that they had held unsuccessful talks with the antitrust division of the Justice Department... More »

Stocks Up, Oil Down on bin Laden News

Dow up 50

(Newser) - News of Osama bin Laden’s death cheered markets today, with the Dow gaining 50 points, and the S&P and Nasdaq rising 4 points and 8.5 points, respectively, Politico reports. Oil futures meanwhile, fell 2%, and the dollar rose. The gains followed similar increases in Japan and South... More »

Dow Plunges 242 on Japan Anxiety

Street worries about nuclear catastrophe

(AP) - Fears that a nuclear reactor in Japan may be in the midst of a partial meltdown is shaking financial markets. Stock indexes lost 2% and gave up nearly all of their gains for the year today. All 10 company groups that make up the Standard & Poor's 500 index fell.... More »

Dow Drops 228, Sinks Below 12,000

Worries over global economy kneecap Dow

(AP) - Weak economic news from China, the US, and Spain combined with a slump in oil companies sent stocks sharply lower. The Dow Jones industrial average had its biggest one-day drop since August. It fell 228 points, or 1.9%, to close at 11,984, while the S&P 500 index... More »

NASDAQ's Computers Hacked

Network breached multiple times in past year

(Newser) - The feds are tracking hackers who have slipped past the NASDAQ's computer defenses several times over the past year, reports the Wall Street Journal. The part of the network that handles trades doesn't appear to have been penetrated, and virtually speaking, nothing has been taken, the Journal notes. "So... More »

Dow Up 8, Ends Year at Highest Mark Since '08

Almost half of stocks' 2010 gains were made this month

(AP) - Stocks have ended a rocky 2010 quietly. The major indexes were little changed and trading volume was at one of its lowest levels of the year as many traders took the day off. Despite investors' concerns about the US and world economy, the S&P 500 and the Dow both... More »

GDP Grows 2% in Q3

Growth fits economists' predictions

(AP) - The economy grew slightly faster over the summer as Americans spent a little more freely: The GDP grew at a 2% rate during the third quarter, in line with what economists had forecast. It marks a slight improvement over last quarter, when the GDP grew at a 1.7% rate.... More »

Dow Cracks 11K for First Time Since May

Investors think Fed will move to prop up economy

(AP) - Stocks are rising after another weak report on unemployment added to expectations that the Federal Reserve will step in to prop up the US economy. The Dow Jones industrial average climbed above 11,000 this morning for the first time since early May. At midday, the Dow was up 53,... More »

Dow Plunges on Fears Over Europe, Korea

May close below 10,000

(Newser) - The Dow opened below 10,000 today—a mark it hasn't closed below since February—as investors panicked over the conflict between North and South Korea and instability in European banks. The Dow fell 238 points, while the S&P and Nasdaq dropped 23 and 53 points respectively, according to... More »

Typo, Glitches, Panic Blamed for Stock Market Mayhem

'Fat finger trade' likely triggered trader panic

(Newser) - What's known in the business as a "fat finger" trade may have been responsible for yesterday's stock market chaos, analysts say. Multiple sources believe a trader at a major firm—possibly Citigroup—hit a "B" instead of an "M" while trading Procter & Gamble shares, selling a... More »

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