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July 25, 2008 6:21:20 PM CDT


Stories related to: Ambac

Stories

8 Stories

  • June 2008
    • Dow Plummets to Below 12,000

      Dow Plummets to Below 12,000

      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 »

      Tags

      Iran   Israel   S&P 500   Nasdaq   oil price   Dow Jones Industrial Average   MBIA   Ambac   Ambac Financial   Moody's

    • Stocks Again Stuck in Neutral

      Stocks Again Stuck in Neutral

      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, closing at 2,503.14, while the S&P 500 lost 0.45 to settle at 1,377.20. More »

  • April 2008
    • Techs Give Lift to Markets

      Techs Give Lift to Markets

      Stocks ended slightly up today on mixed news, as techs did well but many financials struggled. "Tech is one of the few bright spots across a sluggish earnings quarter," a market strategist tells the Wall Street Journal . The Dow ended up 42.99 to 12,763.22, the Nasdaq 28.27 to 2,405.21, and the S&P 4.04 to 1,379.98. More »

      Tags

      stock market   S&P 500   Dow Jones   Boeing   NASDAQ   Ambac

  • March 2008
    • Early Rally Falls Flat, Recovers

      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

    • Stocks Recover After Big Losses

      Stocks Recover After Big Losses

      News of an impending bailout for bond insurer Ambac helped the markets recover from steep losses and end today's session down only slightly, MarketWatch reports. Down by 200 points at 2:30, the Dow closed only 45.10 down, ending at 12,213.80. The Nasdaq rose 1.68 to 2,260.28, and the S&P 500 lost 4.59 to close at 1,326.75. More »

  • February 2008

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