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July 25, 2008 5:56:17 PM CDT


Stories related to: stock market

Stories

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  • September 2007
    • Market Still Partying After Cut

      Market Still Partying After Cut

      Wall Street kept the party going today, as the Federal Reserve’s half-point rate cut kept pushing stocks up. Financials even shrugged off disappointing earnings from Morgan Stanley, which posted a more-than-expected 17% drop in net income for the quarter, the Wall Street Journal reports. The Dow rose 58.04 points in early trading, with the S&P gaining 9.97 and the Nasdaq up 19.03. More »

      Tags

      stock market   Federal Reserve   Wall Street   stocks   New York Stock Exchange

    • Stocks Soar on Fed Surprise

      Stocks Soar on Fed Surprise

      The markets responded with a roar to the Fed’s surprisingly deep rate cut today, with financial shares enjoying the biggest spike. The Dow climbed a whopping 324.10 points to 13,727.52, the Nasdaq rose 64.38 to 2,646.23, and the S&P closed at 1518.21, up 41.56. "The stock market is surging," a top economist told the Journal. "Everyone loves it." More »

      Tags

      stock market   S&P 500   Nasdaq   Dow Jones   housing market   producer prices

    • Fed Slashes Benchmark Rate

      Fed Slashes Benchmark Rate

      The Federal Reserve aggressively cut its benchmark rate today, dropping the federal funds rate a half-point to 4.75%. The larger-than-expected cut was “intended to help forestall” the ballooning credit crisis, the central bank said in a statement. The cut in the key interest rate, the first in 4 years, was double the quarter-point drop that had been widely expected, Bloomberg reports. More »

      Tags

      stock market   Federal Reserve   credit crisis   stocks   interest rate cut   benchmarks

    • Asian Markets in Sharp Slide

      Asian Markets in Sharp Slide

      Asian stocks fell yet again today as the subprime mortgage crisis continued to reverberate across global markets. The latest dip came when E*Trade Financial Corp and Bank of America announced the credit crisis was hurting earnings, Bloomberg reports. The biggest fear is that the rising cost of credit will halt consumer spending and trigger a global slowdown. More »

      Tags

      stock market   subprime mortgages   stocks   Asian markets   Nikkei

    • Stocks Dive Before Fed Meeting

      Stocks Dive Before Fed Meeting

      Wall Street bit its collective nails today, with fear mounting that the Fed meeting tomorrow will result in a rate cut of only 25 basis points rather than the 50 traders crave. The Dow fell 39.10 to 13,403.42, the S&P 500 dipped 7.60 to 1,476.65, and underperforming tech hauled the Nasdaq down 20.52 to 2,581.66. More »

      Tags

      stock market   Federal Reserve   S&P 500   Nasdaq   Dow Jones Industrial Average   New York Stock Exchange   Coca Cola

    • Jitters Drive Most Stocks Downward

      Jitters Drive Most Stocks Downward

      Stocks fell today, with investors shying away from tech after Texas Instruments slashed its sales forecast. NYSE losers outpaced winners 9 to 7, the Dow dropped 16.74 to 13,291.65, the Nasdaq fell 5.40 to 2,592.07, and the S&P held steady. “We had a pretty explosive rally yesterday,” said one strategist, “and the day after we tend to gather our thoughts.” More »

      Tags

      stock market   S&P 500   Nasdaq   Dow Jones Industrial Average   stocks   crude oil   New York Stock Exchange   Texas Instruments

    • McDonalds Supersizes Indexes

      McDonalds Supersizes Indexes

      It was a Big Mac Attack on Wall Street today, as the fast food giant’s strong August numbers gave investors hope in consumer spending, leading a rally that left all major indexes up over 1%. GM was also a winner, rising 4% on positive labor news. Analysts say investors are looking for “high-quality household-type names” in the volatile market. More »

      Tags

      stock market   S&P 500   Nasdaq   General Motors   Dow Jones Industrial Average   McDonald's   Sony Ericsson

    • After Wild Day, Stocks Stand Still

      After Wild Day, Stocks Stand Still

      Wall Street was volatile today, with the Dow swinging in a 160-point range as investors combed speeches from Federal Reserve members for rate-cut clues. But the index ended up rising only 14.47 points, to 13,127.85, while the S&P and Nasdaq fell 1.85 and 6.59 respectively, indicating overall uncertainty from traders, The Street.com reports. More »

      Tags

      stock market   Federal Reserve   S&P 500   Nasdaq   Dow Jones Industrial Average   stocks

    • Stocks Plummet in Worldwide Selloff

      Stocks Plummet in Worldwide Selloff

      After 3 days of good news, stocks took a plunge today. “There’s a whole litany of negative news,” said one analyst. “Bodies keep washing ashore" from the subprime crisis. The Dow lost 143.39 to close at 13,305.47, with the S&P 500 down 17.13 to 1,472.29 and the Nasdaq falling 24.29 to 2,605.95, drops mirrored by European and Asian stocks. More »

      Tags

      stock market   Federal Reserve   S&P 500   Nasdaq   Dow Jones Industrial Average   stocks

    • Energy, Techs Give Stocks a Jolt

      Energy, Techs Give Stocks a Jolt

      Tech and energy stocks led a rally at the end of today's session on Wall Street, as rumors of an interest-rate cut multiplied and traders examined indications that earnings would outpace prices in the two sectors. GM was up 6.1% as the Dow jumped 91.12 to 13448.86, but component Home Depot slowed extra gains by announcing a major buyback. More »

      Tags

      Apple   stock market   General Motors   Ben Bernanke   stocks   interest rate

  • August 2007
    • Techs Lead Mega Stock Rally

      Techs Lead Mega Stock Rally

      The Nasdaq added 2.5% of its value, or 62.52 points, to close at 2563.16, its biggest gain of the year. Techs were up across the board, after hard-disk manufacturer Seagate announced better-than-expected profits and outlook, and Apple hinted at a new line of iPods. Nokia and Intel posted big gains, but the surge was felt widely: winners outnumbered losers more than 6 to 1 on Wall Street. More »

      Tags

      Apple   stock market   S&P 500   Dow Jones Industrial Average   technology   iPod   Nokia   NASDAQ

    • Stocks Plummet on Rate Worries

      Stocks Plummet on Rate Worries

      US stocks tumbled for the second day in a row after Fed minutes drained widespread hope of a rate cut next month, exacerbating slumps in consumer confidence and home values. The Dow dropped 185 to close at 13,135.5, the S&P was off 24.6 at 1,442.17, and the Nasdaq fell 43.1 to 2,518.20. More »

      Tags

      stock market   S&P 500   stocks   New York Stock Exchange   NASDAQ   Dow

    • Consumer Confidence Plunges

      Consumer Confidence Plunges

      Consumer confidence dived in August to its lowest level since right after Hurricane Katrina in 2005. Though not as steep as expected, the drop reflects the squeeze stock market uncertainty and lower home values are putting on Americans' wallets and peace of mind, Bloomberg reports. "The things that are weighing on the consumer are getting pretty imposing," says one economist. More »

      Tags

      US economy   stock market   housing market   Hurricane Katrina   consumer confidence   home sales   home equity

    • Stocks Fall on Financial Pessimism

      Stocks Fall on Financial Pessimism

      US stocks fell today on a disappointing home-sales report and lowered projections for Countrywide, the nation’s top home lender, with Lehman Brothers citing “extraordinary weakness” in mortgage loans. The Dow closed at 13,322.13, down 56.74, near the session low. The S&P 500 fell 12.58, to 1,466.79, and the Nasdaq declined 15.44 to close at 2,561.25. More »

      Tags

      stock market   S&P 500   Nasdaq   Dow Jones Industrial Average   Lehman Brothers   Countrywide

    • Stocks Climb Following Surprising Home Sales Numbers

      Stocks Climb Following Surprising Home Sales Numbers

      The Dow closed at 13,378.87 today, up 142.99 on strong durable goods orders and a better-than-expected home sales forecast. The S&P 500 jumped 16.87 to 1,479.37, and the Nasdaq rose 34.99 to 2,576.69. Nucor Corp., the second-largest American steel manufacturer, spearheaded the rally with a 7% gain following a favorable report from Merrill Lynch. More »

      Tags

      stock market   S&P 500   Nasdaq   recession   Dow Jones   Merrill Lynch   markets   Countrywide   Department of Commerce

    • Stocks Stall Amid Continued Anxiety

      Stocks Stall Amid Continued Anxiety

      The Dow dipped a quarter-point to close at 13,235.88 today as investors continue to fret over the possibility of a Fed interest rate cut. The S&P 500 dropped 1.57 to 1,462.5, and the Nasdaq fell 11.10 to 2,541.70. Home Depot led the retreat; shares fell fell 2.2% on news that the sale of one of its divisions is in trouble. More »

      Tags

      stock market   Federal Reserve   Dow Jones   Wall Street   interest rate   Bank of America   investors   Countrywide   Home Depot

    • Consumer Comfort Crumbles

      Consumer Comfort Crumbles

      Unrest in the financial markets and housing sector has consumers on edge, a new survey says. The Washington Post /ABC News "consumer comfort index" nosedived this week, displaying the biggest 1-week plunge in the poll's 22-year history, the newspaper reports. The current reading nearly matches the lows reached after Katrina struck 2 years ago. More »

      Tags

      stock market   housing market   money   finance   consumer confidence

    • Jittery Market Stays Put; Oil Slides Below $70

      Jittery Market Stays Put; Oil Slides Below $70

      Major indexes hovered cautiously around their starting points, as a Washington meeting between Ben Bernanke, Chris Dodd and Hank Paulson allayed traders' concerns that an academic Fed is callous to Wall Street's ongoing credit crunch. Winners outnumbered losers 3 to 2, but the Dow was off 30.49 to close at 13,090.86. More »

      Tags

      stock market   S&P 500   Dow Jones Industrial Average   crude oil   NASDAQ

    • Nasdaq Gives Up Bid to Control London Exchange

      Nasdaq Gives Up Bid to Control London Exchange

      Nasdaq is giving up its bid to buy control of the London Stock Exchange and will sell its $1.58 billion stake in the blue-chip listing venue, reports the Wall Street Journal . Owning almost a third of the shares in the London exchange gave Nasdaq little control over operations, and efforts to buy a bigger stake were rebuffed by London management and shareholders. More »

      Tags

      stock market   Nasdaq   European markets   London Stock Exchange   OMX

    • 5 Signs That Augur the Fall of the Bull

      5 Signs That Augur the Fall of the Bull

      After reaching a high in mid-July, the Dow has taken a sharp downturn. But how do you know when the bloom is off the rose? Here are Money magazine's five signs that usually precede a fall: Sudden surge in oil prices Treasury yields run up More »

      Tags

      list   US economy   stock market   economics   crash   bear market   bull market

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