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September 6, 2008 11:40:59 AM CDT


Stories related to: Dow Jones

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Stories 21 - 40 of 136

  • January 2008
    • Europe Sees Biggest Stock Plunge Since 9/11

      Europe Sees Biggest Stock Plunge Since 9/11

      (Newser) - Amid continuing concerns about a US recession, European stocks took their biggest single-day plunge since 9/11 today, reports MarketWatch. Losses from financial institutions appeared to be the biggest culprit in the day's 5.4% drop, which added to a crippling trend: The Dow Jones Stoxx 600 index has dropped 23% since mid-2007. On American shores, Dow futures dropped, sparking fears of a nosedive tomorrow. More »

      Tags

      George W. Bush   stock market   Dow Jones   European markets   futures market

    • Dow Plummets 306.95 Points

      Dow Plummets 306.95 Points

      (Newser) - The Dow plunged 306.95 points to 12.159.21 today, its third straight sell-off and worst loss of the new year, as rough numbers put investors in a bearish mood. The key index has now fallen more than 1,000 points since 2008 began. Merrill Lynch posted a huge quarterly loss, manufacturing slowed, and housing starts came in at their lowest level since 1991. More »

      Tags

      S&P 500   Nasdaq   Dow Jones   Ben Bernanke   manufacturing   AIG   Merck   housing starts   Ambac Financial

    • Dow Tanks on Consumer Woes

      Dow Tanks on Consumer Woes

      (Newser) - The Dow plunged 246.79 points to 12,606.30 today as investors, worried about consumer spending, fled retailers and credit-card issuers. Analysts are concerned the mortgage crisis has finally hit pocketbooks, hurting credit, jobs, and public confidence, the Wall Street Journal reports.The Nasdaq slid 48.58 to close at 2,439.94, and the S&P 500 fell 19.31 to 1,401.02. More »

      Tags

      S&P 500   Nasdaq   Dow Jones   McDonald's   consumer   American Express   MasterCard   Capital One   Discover   Tiffany

    • Stocks Soar After Bumpy Ride

      Stocks Soar After Bumpy Ride

      (Newser) - The Dow finished up 117.78 points today, closing at 12,853.09 on signals from Fed chairman Ben Bernanke of interest-rate cuts to come and reports that Bank of America is in talks to buy home-loan giant Countrywide. It was a bumpy ride, though, as the key index was down more than 100 points at one point on weak December sales at big retailers. More »

      Tags

      S&P 500   Nasdaq   Dow Jones   Bank of America   Countrywide   Capital One   Harbinger Capital

    • Bad Jobs Data Trigger Freefall

      Bad Jobs Data Trigger Freefall

      (Newser) - The worst employment-growth report since August 2003 sent the markets into a nosedive today, with the Dow ending the day off 256.54 to 12,800.18. Only 18,000 non-farm jobs were added in December, the Wall Street Journal reports, and the unemployment rate rose to 5.0%, its highest level in 2 years. The Nasdaq plummeted 98.03 to 2,504.65; the S&P lost 35.53 to 1,411.63. More »

      Tags

      S&P 500   Nasdaq   recession   Dow Jones   Intel   unemployment

    • Market Plummets to Start Year

      Market Plummets to Start Year

      (Newser) - The Dow fell 214.11 to 13,050.71 today, giving 2008 its first record: biggest point drop to start a year. Climbing commodity prices and poor manufacturing readings led the sharp 1.7% decline, and spiking crude oil futures sealed the bearish day. One strategist fretted over the Institute of Supply Management’s weakest manufacturing figures in four years, warning of “a slowdown in economic activity.” More »

      Tags

      Federal Reserve   S&P 500   Nasdaq   Dow Jones   commodities   manufacturing   stagflation

  • December 2007
    • Tech Sector Spurs Santa Rally

      Tech Sector Spurs Santa Rally

      (Newser) - The markets enjoyed a long-awaited "Santa Claus rally" today, finishing in positive territory for the week as BlackBerry producer Research in Motion posted strong earnings and the Commerce Department reported the largest monthly consumer spending increase in 2 years. The Dow climbed 205.01 to 13,450.65, the S&P 500 24.35 to 1,484.47, and the Nasdaq 51.13 to 2,691.99. More »

      Tags

      S&P 500   Nasdaq   Dow Jones

    • Markets Rise on Tech Rally

      Markets Rise on Tech Rally

      (Newser) - Sharply higher earnings and a bullish forecast from software giant Oracle kicked off a market rally this morning, but fears about the financial sector continued as Bear Stearns reported its first-ever (and steeper than expected) loss. Another late rally boosted the tech-rich Nasdaq 39.85 points to 2,640.86; the Dow finished up 38.37 points, at 13,245.64, and the S&P 500 up 7.12 at 2,640.86. More »

      Tags

      S&P 500   Nasdaq   Dow Jones   markets

    • Markets Dip on Bond News

      Markets Dip on Bond News

      (Newser) - The market ended slightly lower after another rollercoaster day, as S&P’s downgrade of major bond insurers took a toll on stocks otherwise buoyed by reports of a positive auction by the Fed. The Dow was off 25.20 to 13,207.27 on news Ambac Financial and MBIA would earn downgraded ratings. The Nasdaq climbed 4.98 points to 2,601.01, while the S&P slipped 1.98 to 1,453, MarketWatch reports. More »

      Tags

      Federal Reserve   S&P 500   Nasdaq   Dow Jones   auction   MBIA   Ambac Financial

    • Stagflation Jitters Sink Stocks

      Stagflation Jitters Sink Stocks

      (Newser) - The markets resumed last week’s downward spiral today, with the Dow diving 172.65 to 13,167.20 despite typically buoying news of major deals. The Nasdaq slid 61.28 to 2,574.46 and the S&P closed at 1,445.90, down 22.05. Alan Greenspan said he foresees a 50-50 chance of recession and warned of stagflation, the Journal reports. More »

      Tags

      S&P 500   Nasdaq   Dow Jones   Goldman Sachs   Alan Greenspan   stagflation

    • Stocks Plunge to End Off Week

      Stocks Plunge to End Off Week

      (Newser) - The Dow dived 178.11 points today to 13,339.85 after a 0.8% spike in the consumer price index, the biggest since September 2005, sparked concern that the era of rate cuts might be over. Inflation was “the 800-pound gorilla in the room,” one strategist told the Journal. The Nasdaq slid 32.75 to 2,635.74, and the S&P 500 fell 20.46 to 1,467.95. More »

      Tags

      S&P 500   Nasdaq   Dow Jones   inflation   Citigroup   US dollar   consumer confidence index

    • Markets Rally After Early Swoon

      Markets Rally After Early Swoon

      (Newser) - Thanks to two pieces of unexpectedly good news today, the markets erased early losses, the Dow climbing 44.06 to 13,517.96 after dipping to almost 13,350 this morning. Retail sales in November increased 1.2%, twice what watchers had estimated. And wholesale prices had their biggest one-month jump since 1973, a 3.2% rise nearly doubling estimates, the Journal reports. Both numbers suggested economic strength. More »

      Tags

      S&P 500   Nasdaq   Dow Jones   Merrill Lynch   retail sales   Lehman Brothers   Morgan Stanley

    • DJ Formally Approves Sale to News Corp.

      DJ Formally Approves Sale to News Corp.

      (Newser) - Dow Jones shareholders formally approved the company’s $5.6 billion sale to Rupert Murdoch's News Corporation; the closing is expected later today. The outcome was clear before today’s meeting, but the vote’s margin had been uncertain, as many Bancroft shareholders—whose voting stake was 64.2%—have been cold towards the sale that will end a century of family ownership, the Wall Street Journal reports. More »

      Tags

      Dow Jones   Rupert Murdoch   News Corp   Bancroft family

    • Stocks Inch Up After Fed Action

      Stocks Inch Up After Fed Action

      (Newser) - Stocks gained slightly after the Fed's decision to join four other central banks in pumping cash into the global financial system. Following yesterday's plunge of nearly 300 points after the Fed cut interest rates by only a quarter-point, the Dow gained 41.13 to close at 13,473.90. The Nasdaq was up 18.79 to 2,671.14, while the S&P tacked on 8.95 to close at 1,486.60. More »

      Tags

      Federal Reserve   S&P 500   Nasdaq   Dow Jones   Merrill Lynch   JPMorgan Chase   Wachovia

    • Stocks Even to Close Week

      Stocks Even to Close Week

      (Newser) - The markets ended mostly even today as mixed data and anticipation of next week’s Fed meeting kept investors cautious. Given the suspense over a potential rate cut, “who is going to make a big bet now?” asked one strategist. The Dow closed up 5.69 at 13,625.58, the Nasdaq fell 2.87 to 2,706.16, and the S&P 500 dropped 2.68 to 1,504.66. More »

      Tags

      S&P 500   Nasdaq   Dow Jones   unemployment   interest rate cut   consumer confidence

    • Dow Jones CEO Leaves Ahead of Murdoch Posse

      Dow Jones CEO Leaves Ahead of Murdoch Posse

      (Newser) - Dow Jones’ CEO resigned today, one week before News Corp. is expected to finalize its purchase of the Wall Street Journal publisher. Insiders say Richard Zannino’s replacement will be Rupert Murdoch confidant Les Hinton; the succession, to be announced tomorrow, is thought to be the first among many in the $5 billion change in ownership, the Journal reports. More »

      Tags

      Dow Jones   Rupert Murdoch   News Corp   Wall Street Journal   Richard Zannino

    • Financials Drag Dow Down

      Financials Drag Dow Down

      (Newser) - Bad news in the financial sector today meant the first bearish day for the market in five sessions, as Deutsche Bank’s negative prediction for fourth-quarter earnings pushed Morgan Stanley, Merrill Lynch, and Lehman Brothers downward. The Dow fell 57.15 to 13,314.57, the Nasdaq slid 23.83 to 2,637.13, and the S&P 500 lost 8.72 to close at 1,472.42. More »

      Tags

      S&P 500   Nasdaq   Dow Jones   Henry Paulson   Merrill Lynch   Lehman Brothers   Morgan Stanley   Deutsche Bank   home builders

  • November 2007

Stories 21 - 40 of 136

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