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NEWS ABOUT: Dow Jones

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Big Rally Ends in Modest Gains

Oil drop, Fed's confidence in growth not enough to preserve rise

(Newser) - The markets rallied for much of the day on news of ebbing oil prices and the Fed's decision to hold rates steady, but it fell mostly flat by the finish on nagging worries about long-term growth, the Wall Street Journal reports. The Dow—at one point up more than 100... More »

Dow Plummets to Below 12,000

An oil boost and continued financial woes batter the markets

(Newser) - The markets tumbled today to lows not seen since the Bear Stearns fiasco in March, MarketWatch reports. Oil surged back over $135 a barrel, erasing yesterday’s meager gains, and bad news continued to depress financials. The Dow fell 220.40 to 11,842.69, the Nasdaq 55.87 to... More »

Citi's Blahs Make Little Dent

Drop in oil prices help stocks finish slightly higher

(Newser) - Stocks posted moderate gains today as oil futures dropped below $135 per barrel on news of China's move to raise prices by trimming subsidies, MarketWatch reports. With traders little moved by warnings of further writedowns ahead for Citigroup, the Dow closed up 34.03, at 12,063.09. The Nasdaq... More »

Oil, Earnings Woes Key Retreat

Familiar factors push markets down

(Newser) - The markets retreated today, battered by the familiar convergence of high oil prices and poor business performance, MarketWatch reports. Amid signs of broader malaise, financials dropped, and crude again topped $135 per barrel. The Dow fell 131.24 to close at 12,029.06. The Nasdaq lost 28.02 to... More »

Stocks Rally on Dollar's Strength

Drop in oil, strong greenback pushes Dow to weekly gains

(Newser) - The markets rallied today, pushing the Dow into positive territory for the week, off a strong dollar and a drop in oil prices. The Dow gained 165.77 to close at 12,307.35, a weekly gain of 0.8%. The Nasdaq climbed 50.15 to 2,454.50 but... More »

Oil Reversal Stymies Rally

Market ends up 57 points, down from 185-point rally

(Newser) - A stock rally lost steam after oil reversed an early decline and finished up slightly at $136.74 a barrel, Marketwatch reports. Investors had earlier turned bullish on an unexpectedly strong retail report and crude prices of $131.55. The Dow ended up 57.81 points, at 12,141.58,... More »

Oil Greases Another Big Slide

Bad growth report also weighs on markets; Dow loses 205

(Newser) - US stocks fell today as crude futures continued to rise and Federal Reserve data showed “generally weak” economic growth in April and May, MarketWatch reports. The Dow lost 205.99, closing at 12,083.77. The Nasdaq dropped 54.93 to 2,394.01, and the S&P 500... More »

Oil Drives Uneven Finish

Bernanke comments spark inflation worries, perk up dollar

(Newser) - The markets ended mixed after moving between gains and losses, as traders tracked gyrations in the price of oil—which finished down 2% from earlier highs of $137 a barrel, MarketWatch reports. The Dow gained 9.44 to end at 12,289.76. The Nasdaq lost 10.52 to settle... More »

Worries Keep Stocks Mixed

Dow ticks up as oil falls, but financials, tech cast shadow

(Newser) - Markets were mixed today, with financials and tech stock prices falling while blue chips enjoyed a bounce after Friday’s precipitous drop, MarketWatch reports. The Dow gained 70.51, closing at 12,280.32. The Nasdaq fell 15.10 to close at 2,459.46, while the S&P 500... More »

Dow Plummets Almost 400

Weekly loss of 3.5% off jobs, crude

(Newser) - The markets took huge losses today, battered by $139 oil and the worst unemployment report in 4 years, MarketWatch reports. The Dow fell 394.64 to close at 12,209.81, and down 3.5% for the week. The Nasdaq fell 75.38 to 2,474.56, a 1.9%... More »

Street Rallies on Retail, Jobs

Wal-Mart among big winners as indices rebound from 3 days of losses

(Newser) - The markets rebounded from a 3-day losing streak today as retailers posted strong sales and weekly claims for jobless benefits fell, the Wall Street Journal reports. The Dow climbed 213.97, closing at 12,604.45, and the Nasdaq gained 46.80 to settle at 2,549.94. The S&... More »

Stocks Again Stuck in Neutral

Conflicting news on financials hinders the market

(Newser) - The markets finished mixed today as fears over the financial sector clashed with positive economic reports. Moody’s said it may downgrade ratings for Ambac Financial and MBIA because of continued mortgage-related losses, MarketWatch reports, helping the Dow down 12.37 to 12,390.48. The Nasdaq gained 22.66,... More »

Lehman, GM Drive Stocks Down

Liquidity rumors, poor sales sour investor sentiment

(Newser) - The markets enjoyed modest gains before dropping sharply this afternoon as rumors swirled that Lehman Brothers may face a liquidity problem and automakers reported weak May sales, MarketWatch reports. The Dow closed down 100.97 at 12,402.85, the Nasdaq down 11.05 at 2,480.48, and the... More »

Financials Key Downward Spiral

Executive shuffles at WaMu, Wachovia give market jitters

(Newser) - Financials keyed major market losses as high-level personnel shuffles at Wachovia and Washington Mutual, plus a report by Standard and Poor that downgraded the ratings of several prominent banks, disconcerted investors, MarketWatch notes. The Dow lost 134.50 to settle at 12,503.82, and the Nasdaq lost 31.13,... More »

Mixed Day Yields Mixed Results

Dell performance rallies tech; Commerce Department gives bad news

(Newser) - Stocks ended mixed after a seesaw session today, with strong performance by tech and energy shares contrasting with bad news on consumer spending and incomes, MarketWatch reports. The Dow closed down 7.90 at 12,638.32. The Nasdaq gained 14.34 to 2,522.66, while the S&P... More »

Stocks Rise on Healthy Data

GDP, financial rallies treat investors well, for now

(Newser) - The markets saw gains today as good economic data and a rally amid financial shares gave evidence that the nation may be moving past the current slump, the Wall Street Journal reports. The Dow gained 52.19 points to close at 12,646.22, the Nasdaq gained 21.62 to... More »

Markets Up in Rollercoaster Day

Dow posts modest gain on mixed news

(Newser) - Stocks rose, fell, and rose again as mixed economic news pulled the market in opposite directions today, the Wall Street Journal reports. The Dow ended up 45.68, at 12,594.03. The Nasdaq climbed 5.46 to 2,486.70, and the S&P 500 rose 5.49 to... More »

Dismal Day Ends Dismal Week

Housing, oil continue to pummel equities

(Newser) - Stocks fell today, rounding out a gloomy week as the familiar themes of housing malaise and energy costs manifested in widespread big losses, MarketWatch reports. The Dow fell 145.99 to close at 12,479.63, the Nasdaq lost 19.91, settling at 2,444.67, and the S&P... More »

Meager Gains as Oil Retreats

Drop in jobless claims encourages investors, but it's a 'one-story market'

(Newser) - 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... More »

Murdoch Names Thomson New Journal Editor

Publisher takes over spot left open after forced resignation

(Newser) - Rupert Murdoch has named Wall Street Journal publisher Robert J. Thomson as its top editor, reports the New York Times. Thomson, whom Murdoch made publisher just five months ago, was previously the top editor of Murdoch's Times of London. His appointment is expected to speed the pace of change at... More »

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