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October 7, 2008 1:32:12 AM CDT

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Stories related to: Dow Jones

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  • October 2007

    • Dow Dips on Monday Overreach

      MarketWatch  |  Oct 2, 07 3:53 PM CDT

      Dow Dips on Monday Overreach

      (Newser) - The market was mostly down today, after investors corrected for yesterday’s record-breaking spike, and a new drop in a home-sales index stirred mortgage anxieties. The Dow dipped 40.24 points to 14,047.31, with one strategist telling MarketWatch, “The fundamental news didn’t warrant the rally.” Still, the reaction was muted, given news of a 6.5% slide last month in the pending home sales index, which hit its lowest mark since it was first tallied in 2001. More »

      Tags

      S&P 500  • Nasdaq  • Dow Jones  • General Motors  • housing market  • Ford  • Toyota  • National Association of Realtors

    • Dow Breaks 14,000 for 2nd Time

      Wall Street Journal  |  Oct 1, 07 3:53 PM CDT

      Dow Breaks 14,000 for 2nd Time

      (Newser) - Citigroup and UBS warned of steep third quarter declines today, and the Dow responded by jumping 191.92 points—reacting to new clarity in an uncertain market, the Wall Street Journal reports. The index hit an intraday record—14,091.53—before closing at 14,087.55, only the second time the 14,000 barrier has been broken. One UBS officer said tensions were cooling as the market “loses fear of the unknown.” More »

      Tags

      subprime mortgages  • S&P 500  • Nasdaq  • Dow Jones  • Citigroup  • UBS

  • September 2007

    • Stocks Dip on Mortgage Fears

      Bloomberg  |  Sep 28, 07 3:22 PM CDT

      Stocks Dip on Mortgage Fears

      (Newser) - The markets dropped today on news that mortgage defaults last month climbed 30% from a year earlier, more evidence that foreclosures are on the rise. Wells Fargo and Washington Mutual tumbled, and the Dow dipped 17.31 to 13,895.63. Stocks bottomed out after a Fed official said players shouldn’t “bake into the cake” future rate cuts, Bloomberg reports. More »

      Tags

      S&P 500  • Nasdaq  • Dow Jones  • foreclosure  • Medicare  • Washington Mutual  • Wells Fargo  • Fed

    • Stocks Climb on Rate-Cut Hype

      Bloomberg  |  Sep 27, 07 3:51 PM CDT

      Stocks Climb on Rate-Cut Hype

      (Newser) - The stock market rose for a second day as a weak new-home-sales report added energy to speculation that the Fed will slash rates again next month; Bloomberg puts the odds of a quarter-point cut at 88%. The S&P added 5.96 to reach 1,531.38, climbing within 1.5% of a record. The Dow added 34.79 to 13,912.94, within 0.7% of a new record. And the Nasdaq rose 10.56 to close at 2,709.59. More »

      Tags

      S&P 500  • Nasdaq  • Dow Jones  • interest rate  • Fed  • unemployment benefits

    • Stocks Rise on Buffett Rumor

      Bloomberg  |  Sep 26, 07 3:46 PM CDT

      Stocks Rise on Buffett Rumor

      (Newser) - The Dow climbed 99.5 points today on the strength of the GM settlement and speculation that billionaire Warren Buffett might buy 20% of beleaguered Bear Stearns. The brokerage helped spur the biggest gain in a week, jumping 7.7% after the Buffett story circulated. Said a trader, “You can’t go wrong with a guy like that behind you.” GM surged 9.4% after settling its contract with the UAW, Bloomberg reports. More »

      Tags

      Federal Reserve  • S&P 500  • Nasdaq  • Dow Jones  • General Motors  • Bear Stearns  • Merrill Lynch  • United Auto Workers  • Warren Buffett  • Berkshire Hathaway

    • Stocks Edge Up in Balancing Act

      MarketWatch  |  Sep 25, 07 3:44 PM CDT

      Stocks Edge Up in Balancing Act

      (Newser) - Stocks rose slightly today as retail woes were somewhat offset by August home sales that outperformed expectations, MarketWatch reports. Led by Microsoft, which rode the release of “Halo 3” to a 1.5% jump, the Dow climbed 19.59 to 13,778.65. The S&P dipped 0.52 to 1,517.21, and the Nasdaq closed at 2,683.45, up 15.50. More »

      Tags

      Microsoft  • stock market  • S&P 500  • Nasdaq  • Dow Jones  • Wal-Mart  • consumer confidence  • Target  • Home Depot  • Fed  • Halo 3

    • Stocks Down, Led by Financials

      Bloomberg  |  Sep 24, 07 3:44 PM CDT

      Stocks Down, Led by Financials

      (Newser) - The stock market took a dip today after an IMF report predicted that credit markets may not “normalize" soon and will slow global economic growth. Financial and energy companies helped pull the Dow down 61.13 points to 13,759.06. Citigroup, Bank of America and JPMorgan Chase all fell, Bloomberg reports; Exxon Mobil, the world's biggest oil producer, led the sector to the loss column after crude prices dropped for the second day. More »

      Tags

      S&P 500  • Nasdaq  • Dow Jones  • General Motors  • Citigroup  • JPMorgan Chase  • Bank of America  • ExxonMobil  • IMF

    • Markets Wrap Up Banner Week

      Bloomberg  |  Sep 21, 07 3:37 PM CDT

      Markets Wrap Up Banner Week

      (Newser) - Stocks climbed again today, closing out the biggest weekly gain since March. The Dow rose 53.49 to 13,820.19, the Nasdaq climbed 16.93 to 2,671.22, and the S&P 500 closed at 1,525.75, up 7.00. The Dow and S&P rose 2.8% on the week. In the wake of the Fed's rate cut Tuesday, "confidence is returning", one fund manager told Bloomberg. More »

      Tags

      Google  • stock market  • S&P 500  • Nasdaq  • Dow Jones  • US dollar  • euro  • Sprint Nextel  • Oracle

    • Stocks Dip After Two-Day Spike

      Wall Street Journal  |  Sep 20, 07 3:34 PM CDT

      Stocks Dip After Two-Day Spike

      (Newser) - Stocks fell today after two days of bullish investing set off by the Fed’s interest rate cuts; one trader told the Journal profit-taking would have taken its toll "even if there was no news whatsoever.” But there was news: FedEx cut its profit forecast; the dollar continued to hit new lows and the price of oil new highs. The Dow dropped 48.86 to 13,766.7, while the Nasdaq fell 12.19 to 2,654.29 and the S&P slipped 10.28 to 1,518.75.  More »

      Tags

      Federal Reserve  • S&P 500  • Nasdaq  • oil  • Dow Jones  • Goldman Sachs  • FedEx

    • Wall Street Hunts for Its Next Bubble

      Wall Street Journal  |  Sep 20, 07 12:48 PM CDT

      Wall Street Hunts for Its Next Bubble

      (Newser) - With the Fed’s rate cut in place, Wall Street has visions of another bubble—this time in emerging markets. The Dow skyrocketed 2.5% on news of the cut, but even that was dwarfed by 4.2% gains in the Bombay Sensex and 4.3% in Brazil’s Bovespa. Fast-growing economies could benefit most, the Journal explains, from easy-flowing cash. More »

      Tags

      stock market  • Federal Reserve  • Dow Jones  • markets  • Asian markets  • emerging markets

    • Stocks Keep Up Rate-Cut Rally

      Bloomberg  |  Sep 19, 07 3:39 PM CDT

      Stocks Keep Up Rate-Cut Rally

      (Newser) - The stock market kept rising one day after the Fed slashed key interest rates, as speculation that the housing slump might ebb compounded the biggest rally in four years. The Dow climbed 76.17 to 13815.56, while the Nasdaq rose 14.82 to close at 2666.48 and the S%P jumped 9.25 to 1529.03. One manager called the Fed’s move “a shot of adrenaline,” Bloomberg reports. More »

      Tags

      stock market  • S&P 500  • Nasdaq  • iPhone  • Dow Jones  • Ben Bernanke  • housing market  • Fannie Mae  •