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October 11, 2008 3:51:01 AM CDT


Stories related to: S&P 500

Stories

Stories 21 - 40 of 229

  • September 2008
    • Dow Plunges 449 Points

      Dow Plunges 449 Points

      (Newser) - Stocks plummeted again today as insecurity about the financial system gripped the markets, the Wall Street Journal reports. The AIG bailout proved to be of little comfort to traders, who quickly began betting on the next big firm to fall. The Dow closed down 449.36 points to 10,609.66. The Nasdaq fell 109.05, closing at 2,098.85, and the S&P 500 lost 57.21 points, settling at 1,156.39. More »

      Tags

      Financial Crisis   Dow Jones   credit crisis   S&P 500   Nasdaq   Goldman Sachs   AIG   Morgan Stanley   financial stocks   financial sector

    • Bears Send Dow Down 350

      Bears Send Dow Down 350

      (Newser) - Bears are running wild on Wall Street today, with the Dow down as much as 350 points by midday, MarketWatch reports. The Fed’s rescue of AIG seemed to do little to reassure investors, as the financial sector continued to plummet; Morgan Stanley fell as much as 40%, despite a better-than-expected earnings report, and Goldman Sachs fell 23%. More »

      Tags

      Financial Crisis   S&P 500   AIG   markets   Morgan Stanley   NASDAQ   Dow

    • Fluctuating Markets Close Up

      Fluctuating Markets Close Up

      (Newser) - As AIG's future became somewhat clearer, the wildly fluctuating markets settled into positive territory at the end of today's session. Rumors that the Fed will bail out the mega-insurer helped nearly erase a 74% decline, Bloomberg reports. The Dow closed up 141.51 at 11,059.02, the Nasdaq gained 22.45 to 2,202.36, and the S&P 500 rose 20.86 to 1,213.56. More »

      Tags

      Financial Crisis   Dow Jones   stock market   Federal Reserve   S&P 500   stocks   AIG   NASDAQ

    • Stocks Down Again at Open

      Stocks Down Again at Open

      (Newser) - Stocks declined at the opening bell today, sending the S&P 500 into its worst two-day slump since 2002, Bloomberg reports. Investors reacted to an overnight credit downgrade for liquidity-challenged AIG and a weak Goldman Sachs earnings report. Overnight lending rates took a record jump last night, as markets fell around the world. More »

      Tags

      Financial Crisis   stock market   S&P 500   Goldman Sachs   AIG   financial stocks   Dow

    • Dow Ends Ugly Day Down 504

      Dow Ends Ugly Day Down 504

      (Newser) - After a midday lull, stocks plummeted again late today as traders adjusted to the failure of Lehman Brothers and the acquisition of Merrill Lynch by Bank of America, Bloomberg reports. Lehman’s stock alone was down 94.9%. The Dow fell 504.48 to 10,917.51. The S&P 500 lost 59.01, its biggest drop since the 2001 terror attacks, closing at 1,192.69; the Nasdaq fell 81.36 to 2,179.91. More »

      Tags

      Financial Crisis   Dow Jones   S&P 500   Nasdaq   Lehman Brothers   Merrill Lynch   AIG   Lehman Brothers Holdings

    • After Big Drop, Stocks Hold

      After Big Drop, Stocks Hold

      (Newser) - Stocks have taken a beating today, with the Dow off more than 300 points early, the Wall Street Journal reports, but there’s been a noticeable lack of panic among traders. If the current loss holds steady, it will represent just the sixth-worst day this year, despite the massive upheaval of the weekend. More »

      Tags

      Financial Crisis   Dow Jones   S&P 500   Lehman Brothers   Merrill Lynch   AIG   markets   financial sector

    • Investors Wary; Stocks Mixed

      Investors Wary; Stocks Mixed

      (Newser) - The markets ended mixed today, as Lehman Brothers foundered and financial firms continued to take hits, MarketWatch reports. Weekly gains were slim, despite Sunday’s Fannie and Freddie bailout, which was supposed to calm investor fears and boost the markets. The Dow closed down 11.72 at 11,421.99. The Nasdaq rose 3.05 to 2,261.27, while the S&P 500 gained 2.64, closing at 1,251.69. More »

      Tags

      Financial Crisis   Dow Jones   S&P 500   Nasdaq   General Motors   Lehman Brothers   AIG   oil prices

    • Late Reversal Leads to Gains

      Late Reversal Leads to Gains

      (Newser) - The markets saw gains late in the day today despite large losses in the financial sector, MarketWatch reports. Lehman Brothers fell another 41.9% as traders deemed its survival plan ineffective. But falling oil boosted industrial and transport shares, and the Dow closed up 164.79 at 11,43371. The Nasdaq gained 29.52, to 2,258.22, and the S&P 500 rose 17.01 to 1,249.05. More »

      Tags

      Dow Jones   S&P 500   Nasdaq   General Motors   Lehman Brothers   AIG   oil prices   Washington Mutual   Caterpillar

    • Industrial Firms Lead Recovery

      Industrial Firms Lead Recovery

      (Newser) - Stocks rebounded from yesterday's miserable day to close with mild gains, MarketWatch reports. Energy and industrial firms did well after yesterday's huge sell-off, but concerns about Lehman Brothers continued to weigh on the financial sector. The Dow closed up 38.19 points at 11,268.92, the Nasdaq rose 18.89 to 2,228.70, and the S&P 500 gained 7.53 to 1,232.04. More »

      Tags

      Dow Jones   S&P 500   Nasdaq   General Motors   oil prices   commodities   Chevron   Caterpillar

    • Stocks Reverse; Dow Down 280

      Stocks Reverse; Dow Down 280

      (Newser) - After a strong rally yesterday following news of the Fannie/Freddie bailout, stocks gave most of the gain back today as the failure of talks between Lehman Brothers and Korea’s state bank sent shares in the investment giant down 44.1%, MarketWatch reports. The Dow fell 280.01 to close at 11,230.73. The Nasdaq lost 59.95 to 2,209.81, while the S&P 500 closed down 43.28 at 1,224.51. More »

      Tags

      Dow Jones   S&P 500   Nasdaq   Lehman Brothers   AIG   Hurricane Ike   oil prices   home sales   financial institutions   American Express   Korea Development Bank

    • Bailout Rally Tails Off Late

      Bailout Rally Tails Off Late

      (Newser) - US stocks rallied as traders bet the bailout of Fannie Mae and Freddie Mac would help the economy recover, but lost some of those gains—with the Nasdaq even flirting with losses—as the day wore on, MarketWatch reports. Nonetheless, the Dow gained 289.78, closing at 11,510.74. The Nasdaq closed up 13.88, at 2,269.76, while the S&P 500 rose 25.48 to finish at 1,267.79. More »

      Tags

      Financial Crisis   Dow Jones   S&P 500   Nasdaq   Henry Paulson   Fannie Mae   Freddie Mac

    • Stocks Mixed; Down For Week

      Stocks Mixed; Down For Week

      (Newser) - Stocks finished the week with a mixed session today, managing to mostly recover from an early sell-off in reaction to a 5-year high in monthly unemployment, MarketWatch reports. The Dow rose 32.73 to close at 11,220.96. The Nasdaq fell 3.16 to 2,255.88, while the S&P 500 rose 5.48, settling at 1,242.31. More »

      Tags

      Dow Jones