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July 25, 2008 1:06:29 PM CDT

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Stories related to: stagflation

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4 Stories

  • March 2008

    • Early Rally Falls Flat, Recovers

      newser  |  CNN  |  Mar 5, 08 3:39 PM CST

      Early Rally Falls Flat, Recovers

      After an early rally, stocks fell after being hit with news on Ambac Financial's restructuring plan, but then regained some of the lost territory by the closing bell. Shares fell after Ambac said that instead of a bailout plan, it would raise money through a sell-off and restructuring, reports CNNMoney. The Dow ended up 41.19 to 12,254.99, the Nasdaq 12.53 to 2,272.81, and the S&P 6.95 to 1,333.7. More »

      Tags

      stock market  • S&P 500  • Nasdaq  • Ambac  • stagflation  • Dow Industrial  • Beige Book

  • February 2008

    • Wholesale Inflation Surges

      newser  |  Bloomberg  |  Feb 26, 08 10:06 AM CST

      Wholesale Inflation Surges

      Wholesale prices rose more than twice as fast as analysts predicted in January, in the latest sign that inflation is outstripping growth, Bloomberg reports. After a 0.3% drop in December, finished good prices rose 1% last month, with the core indicator up 0.4%, its biggest gain in almost a year. Fed chief Ben Bernanke will discuss the inflation statistics tomorrow when he delivers a policy report to Congress, MarketWatch notes. More »

      Tags

      recession  • Ben Bernanke  • inflation  • consumer prices  • core inflation  • stagflation

  • January 2008

    • Market Plummets to Start Year

      newser  |  MarketWatch  |  Jan 2, 08 3:28 PM CST

      Market Plummets to Start Year

      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

    • Stagflation Jitters Sink Stocks

      newser  |  Wall Street Journal  |  Dec 17, 07 3:29 PM CST

      Stagflation Jitters Sink Stocks

      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

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