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NEWS ABOUT: Dow Jones

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Nasdaq Hits 11-Year High; Dow Rises 157

It's Dow's best finish since 2008

(Newser) - Today's rosy jobs report did wonders for the markets. The tech-heavy Nasdaq, in fact, closed at an 11-year high, reports MarketWatch , while the Dow finished at its highest level since May 2008, notes the Wall Street Journal . The numbers:
  • Dow: Up 157, 1.2%, to 12,862
  • Nasdaq: Up
... More »

Dow Surges 337, Reclaims 12K

Market has its best day this month

(AP) - Encouraging signs out of Europe and a surprisingly strong report on the US housing market drove the Dow Jones industrial average up more than 330 points today. It was the best day for stocks this month. The Spanish government pulled off a successful debt auction, and gauges of business and... More »

Stocks Jump 400+ on Trio of Good News

Central banks and China make moves, private-sector employment jumps

(Newser) - The market took a major jump at open on the announcement that six central banks were moving to make it easier for European banks to get dollars, with the Dow rising 322 points to 11,877, reports the Wall Street Journal . As of 9:55am, it was up 405 points.... More »

Stocks Plunge on Super Committee Failure

Dow drops triple digits

(Newser) - Stocks plunged at the opening bell today, thanks to the super committee's failure to reach a deal and the ongoing debt crisis in Europe. As of 9:37am, the Dow was down 158 points, while the Nasdaq and S&P were down 40 and 19 points, respectively, as investors... More »

Spooked by Italy, Dow Falls 228

Dow below 12K

(Newser) - Silvio Berlusconi's promises to resign haven't done much to calm European markets —or Wall Street. The Dow opened sharply lower today on the news that Italian bond yields spiked above 7%, the level that caused Greece, Portugal, and Ireland to seek bailouts; Italy's debt, however, is... More »

Dow Down 253 Thanks to Greece

Greek call for referendum doesn't sit well with investors

(Newser) - More not-so-shocking news , though today's variety is a bit more serious and depressing: The Dow sank 253 points at the open, to 11,702, as Greek PM George Papandreou's call for a referendum on his country's bailout terrified European investors and rattled traders stateside. MarketWatch reports that... More »

Dow Soars 340, May Have Best October Ever

Bank stocks lead the way after deal in Europe

(Newser) - Wall Street had a banner day in the wake of the financial accord in Europe , with banks stocks leading the way:
  • Dow: Up 340 (2.9%) to 12,209; (it had been up more than 400 points in the final hour)
  • Nasdaq: Up 88 (3.3%) to 2,739
  • S&
... More »

Stocks Diving to Bear Market Levels

S&P slips below threshold at this morning's open

(Newser) - Wall Street is getting nervous, and not because of protesters. Stocks have been plummeting hard, and are now just inches above the threshold for what traders consider a bear market. The Dow dove 240 points on Friday and another 258 yesterday, leaving it perilously close to the bear market threshold... More »

Dow Dives 391

Market had been down more than 500 at one point

(Newser) - The markets have closed on a brutal day, with US stocks joining what MarketWatch characterizes as a global selloff. At one point, the Dow was down more than 500 points, though it rebounded in the final hour. The Wall Street Journal notes that yields on 10-year Treasuries are at 1940s... More »

Dow Tanks at Open

Follows yesterday's trend, down more than 300 points

(Newser) - Should you need another reason to pack it in and go back to bed: After falling 284 points yesterday following the Fed's announcement of Operation Twist , which investors interpreted as yet another gloomy assessment of the economy, the Dow kicked off today by plunging even more—a lot more.... More »

Stocks Plummet on Greece Fears

Dow down more than 200 points

(Newser) - Stocks took a dive this morning as investors fretted over Greece’s deepening debt crisis. The Dow plunged 246 points, according to the Wall Street Journal , while the S&P and Nasdaq shed 26 and 55 points, respectively. Crude oil sank as well, dropping below $85 a barrel. “The... More »

Dow Drops 300+ Points

Investors worried about Europe again

(Newser) - President Obama might be getting good reviews for his plan to shore up the US economy, but investors are far more worried about Europe, reports MarketWatch . The Dow was down more than 300 points at midday to below 11,000, and both Nasdaq and the S&P 500 were each... More »

Dow Opens Below 11K

Drops 270 points following European turmoil

(Newser) - While Americans ate corn on the cob and readied themselves for the premiere of the Real Housewives of Beverly Hills yesterday, Europeans took a beating, with stocks plunging . Investors came face-to-face with that turmoil on their return from the holiday weekend, and the results weren't pretty: The Dow opened... More »

Stocks Soar, Dow Up 322

Analyst chalks it up to psychology

(Newser) - Stocks had their best day in more than a week today, with the Dow jumping a whopping 322 points, while the Nasdaq and S&P gained 101 and 39 points respectively. Investors are betting that the Federal Reserve will heap more stimulus on the economy this week, Bloomberg reports, while... More »

When Gadhafi Falls, Oil Prices Will Fall With Him

And stocks could 'soar': David Kotok

(Newser) - If the rebels succeed in taking Moammar Gadhafi down, expect oil prices to follow suit—which means stocks could skyrocket, writes analyst David Kotok at Business Insider . An end to the Gadhafi regime would likely allow Libyan oil production to rebound to a pre-crisis daily output of 1.6 million... More »

Stocks Soar on Fed Hopes

Dow sees triple-digit gain

(Newser) - Stocks soared at the open today, with the Dow climbing 188 points as of 9:35am, and the S&P and Nasdaq gaining 21 and 50 points, respectively. Fueling the optimism: speculation that the Federal Reserve’s speech on Friday will bring a new round of measures to bolster the... More »

Dow Down 100 at Open

S&P 500, Nasdaq follow suit

(Newser) - No major relief for the markets today, at least not so far: The Dow was down about 100 points at open, resting below 10,900, according to MarketWatch . The S&P 500 and Nasdaq were also down, 7 points and 5 points, respectively. And the news from abroad isn't... More »

Dow Plunges 419

Markets drop again on fears of global recession

(Newser) - Recession worries home and abroad made for a miserable day on Wall Street, reports MarketWatch . At one point, the Dow was down nearly 530 points, though it recovered some. The grim numbers:
  • Dow: Fell 419 (3.7%) to 10,991
  • Nasdaq: Down 131 (5.2%) to 2,380
  • S&P
... More »

Dow Plunges 480+, Below 11K

S&P, Nasdaq follow suit

(Newser) - The Dow plunged more than 300 points at the open today, and dropped almost 500 before retreating, as investors worried about Europe and the global economy. It's currently hovering just below 11,000, according to Marketwatch . The S&P 500 also dropped 48 points to 1,146, while the... More »

Stocks Open Down on Gloomy Germany News

Dow down 105 points at open

(Newser) - Germany is bringing everyone down with it this morning: Stocks opened lower at the bell on news that Germany's GDP grew just 0.1% in Q2, sharply down from estimates of 0.5%. The Dow is down 105 points to 11,378, and the Nasdaq and S&P 500... More »

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