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MARKETS

 Stocks Dip as Fed Meets  

Fed inaction spurs recovery from bad economic news

(Newser) - The markets seesawed throughout today's session, closing down slightly as a minor rally in financials offset bad economic news and warnings of a poor quarter for UPS, MarketWatch reports. The Dow fell 34.93 to 11,807.43, Nasdaq dropped 17.46 to 2,368.28, and the S&P 500 lost 3.71 to finish at 1,314.29. More »

MARKETS

 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 2,406.09, and the S&P 500 24.90 to 1,317.93. More »

More about:  Financial Crisis Israel Dow Jones Iran S&P 500 Nasdaq oil price MBIA Ambac Ambac Financial Moody's

MARKETS

 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 gained 32.36, closing at 2,462.07, and the S&P 500 rose 5.02 to settle at 1,342.83. More »

More about:  Dow Jones S&P 500 credit crisis Nasdaq oil price Citigroup Bear Stearns financial markets

MARKETS

 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 2,429.71, and the S&P 500 lost 13.12, settling at 1,337.81. More »

More about:  Dow Jones S&P 500 Nasdaq Lehman Brothers Morgan Stanley FedEx energy prices Fifth Third

MARKETS

 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 posted a weekly loss of 0.8%. The S&P 500 gained 20.16, settling at 1,360.03, flat for the week. More »

More about:  Dow Jones S&P 500 Nasdaq oil price US dollar core inflation Consumer Price Index

MARKETS

 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, after being up 185 points earlier. The Nasdaq climbed 10.34 points to 2,404.35, and the S&P 500 climbed 4.38 points to 1,339.87. More »

More about:  Dow Jones stock market S&P 500 Nasdaq oil price retail sales Benchmark crude futures

MARKETS

 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 fell 22.95 to 1,335.49, with only energy shares bucking the downward trend. More »

More about:  Dow Jones S&P 500 Nasdaq

MARKETS

 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