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September 5, 2008 8:10:57 AM CDT


Stories related to: stocks

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Stories 41 - 60 of 79

  • August 2007
    • Blue Chips Hop Slightly on Fed Confidence

      Blue Chips Hop Slightly on Fed Confidence

      (Newser) - The Dow was up 42.27 to close at 13,121.35, as winners outnumbered losers about 7 to 6—the third straight positive day on Wall Street. But short-term treasury yields plummeted as speculation increased that the Fed will cut the benchmark rate at its next meeting. Volume on the market was low—about 1.5 billion—as retail and mining led the charge. More »

      Tags

      S&P 500   Dow Jones Industrial Average   stocks   NASDAQ   Lowe's

    • Asian Markets Soar After Fed's Rate Cut

      Asian Markets Soar After Fed's Rate Cut

      (Newser) - The global equities sell-off ground to a halt today as Asian stocks had their biggest gains in five years. Responding to Friday’s cut in the US Federal Reserve’s discount rate, Japan’s Nikkei 225, Hong Kong's Hang Seng and South Korea's Kospi indexes all saw huge gains as panic over the US subprime mortgage crisis largely subsided. More »

      Tags

      Federal Reserve   Japan   South Korea   stocks   Asian markets   Hong Kong   Nikkei   Singapore   Hang Seng   global market   Kospi index

    • Fed's Cut Flips Markets Upwards

      Fed's Cut Flips Markets Upwards

      (Newser) - Markets surged upwards today after the Fed cut its discount rate, thanks to a flurry of short-covering aided by today's options expiration. The Dow was up for the first time in over a week, jumping 233.30 to close at 13079.08. But many experts warn that the rally could be short-lived, arguing that even big gains are the product of the volatility an uncertain credit market has bred. More »

      Tags

      Federal Reserve   S&P 500   Nasdaq   Dow Jones Industrial Average   Wall Street   stocks

    • Markets Jump on Fed Move

      Markets Jump on Fed Move

      (Newser) - Stocks rallied in early trading today after the Federal Reserve shaved a half-point off of one of its key interest rates, the Wall Street Journal reports. The Dow initially shot up more than 300 points; after settling some, it was up 150.46 by midmorning. European stocks were buoyed as well, with London's FTSE 100 jumping 2.1% after a disastrous plunge yesterday. More »

      Tags

      Federal Reserve   stock market   stocks   markets   New York Stock Exchange   FTSE

    • European Markets Continue to Skid

      European Markets Continue to Skid

      (Newser) - Financial markets across Europe were off again in midmorning trading. In London, the FTSE opened slightly higher and then suffered new losses as UK traders continued to reel from yesterday's steep fall-off, the exchange's most calamitous one-day drop in years. At mid-morning the index was down 0.2% and markets in France and Germany experienced similar losses. More »

      Tags

      credit crisis   stocks   markets   European markets   FTSE

    • Asian Traders Sweat New Dive

      Asian Traders Sweat New Dive

      (Newser) - Despite a late Wall Street rally yesterday, Asian stocks plummeted for the fourth day in a row—driven as much by panic as by any other factor. Toyota, Canon and Mitsubishi all slipped badly, along with the Morgan Stanley Capital International Asia-Pacific Index, which was off 1.8 percent, and Japan's Nikkei 225 Stock Average, which fell 2.5percent, Bloomberg reports. More »

      Tags

      stocks   Toyota   Asian markets   Nikkei   Mitsubishi   Canon

    • Stocks Seesaw as Credit Crisis Deepens

      Stocks Seesaw as Credit Crisis Deepens

      (Newser) - The Dow closed down 15.69 at 12845.78 today, after plummeting 343 points in early morning trading on fears the credit debacle was spilling into the larger market. Investors continued to fret about the rising yen and nervous foreign markets, but rumors that the Fed would cut interest rates continued to percolate late into the day, despite contrary hints from Ben Bernanke. More »

      Tags

      stock market   S&P 500   Dow Jones Industrial Average   Bear Stearns   stocks   NASDAQ

    • Weak Wal-Mart Profits Turn Smiles Upside-Down

      Weak Wal-Mart Profits Turn Smiles Upside-Down

      (Newser) - Wal-Mart stock saw its biggest dip in five years in early trading this morning, after Q2 profits rose less than analysts had expected. The Arkansas-based behemoth says full-year profit will total $3.13 a share, 3 cents lighter than its projections: Bloomberg reports that surging gas prices, faltering home sales and steepening mortgage rates kept customers out of the retailer's labyrinthine isles. More »

      Tags

      stock market   gas prices   Wal-Mart   stocks   retail   consumer   shares   spending   mortgage rates   H. Lee Scott

    • Market Sinks After Tech Rally Shuts Down

      Market Sinks After Tech Rally Shuts Down

      (Newser) - The tech sector boomed early today, but couldn’t save the market from bank and energy woes at day’s end. Declines in MBIA, Exxon and Home Depot shares helped to erase early gains on the Nasdaq and S&P, and the bankruptcy of Aegis Mortgage Corp. renewed financing worries, Bloomberg reports. More »

      Tags

      stock market   subprime mortgages   Nasdaq   Dow Jones   stocks   Home Depot   Exxon   MBIA

    • US Stocks Plunge at Open

      US Stocks Plunge at Open

      (Newser) - Uncertainty ruled Wall Street and the global markets today, with the Dow skidding over 100 points at the open 1 day after the second-largest decline of the year. Central banks around the world acted to stem the unrest that continues to accompany the widening subprime mortgage crisis, but big-picture machinations weren't filtering down to the floor, one trader told Reuters. More »

    • Credit Fears Rock Asian Markets

      Credit Fears Rock Asian Markets

      (Newser) - Asian stocks nosedived today as market fears triggered by the US subprime mortgage crisis rippled across the globe. The steepest drop in 5 months echoed upheaval spreading outward from Wall Street, with Toyota and Samsung leading a retreat by large exporters hurt by fears that the lending catastrophe and resultant tighter credit will curtail growth. More »

      Tags

      subprime mortgages   stocks   Asian markets   Asia   Nikkei   market   BNP Paribas

    • Euro Bank Injects $190B to Avoid Crash

      Euro Bank Injects $190B to Avoid Crash

      (Newser) - The European Central Bank has released $190 billion in emergency funds in a desperate attempt to restore liquidity to the region's markets. The Financial Times reports that the ECB's emergency injection echoes moves by central banks in Japan, the US and Canada but is unprecedented in scale. The move rattled investors and sent stocks sliding even further. More »

      Tags

      subprime mortgages   stocks   finance   investors   markets   loans   liquidity   European Central Bank   BNP Paribas

    • Stocks Plunge as Credit Outlook Worsens

      Stocks Plunge as Credit Outlook Worsens

      (Newser) - After two straight days of gains and a steady morning the Dow plummeted in a selloff late this afternoon, losing 2% of its value to close at 13179.71, down 283.62. Bear Stearns lost big after Standard and Poors downgraded the subprime-laden i-bank from "stable" to "negative," stirring more worries over the deeply troubled credit market. Financial stocks followed expeditiously: Lehman brothers lost almost 8%. More »

    • Chinese Markets Surge to Record High

      Chinese Markets Surge to Record High

      (Newser) - China’s securities markets recovered from Wednesday’s Pan-Asian slump and then some, surging to their third new record this week in today's trading. The Shanghai Composite Index climbed 3.5% and the Shenzhen gained 2.3% after the codependent Nikkei and Hang Seng tumbled Wednesday on concerns about the stability of the subprime-backed US Market. More »

  • July 2007
    • Markets Ignore Upbeat News, Head Down

      Markets Ignore Upbeat News, Head Down

      (Newser) - The Dow started was up triple digits in early trading today before plunging to close down 146.32 points at 13211.59. A report of improved consumer confidence and better-than-expected inflation data distracted traders from the ongoing credit earthquake and its tremors in the housing market, but the reentry of foundering American Home Mortgage on the floor woke them up again. More »

      Tags

      US economy   stock market   S&P 500   Nasdaq   oil   Dow Jones   stocks

    • Dow Sinks Further on Credit Jitters

      Dow Sinks Further on Credit Jitters

      (Newser) - Stocks tumbled more than 200 points for the second day in a row, on fears that small-cap securities might be especially hard hit by a possible collapse in certain financial services. The Dow was down 208.10 to 13265.47, despite a report that the GDP grew faster this quarter than it has in a year—but the Russell 2000, which measures small stocks, dipped 1.7% into negative territory for the year. More »

      Tags

      S&P 500   Nasdaq   Wall Street   FDA   stocks   GDP   GlaxoSmithKline   Avandia

    • Asian Stocks Take a Dive

      Asian Stocks Take a Dive

      (Newser) - Share prices plummeted throughout Asia  today in response to the yesterday's sell-off on Wall Street and the escalating crisis in the US housing market. After the 300-point plunge in the U.S., the Tokyo Market closed at a three-month-low, and markets in Seoul, Hong Kong, and Sydney also took serious hits. The market in Shanghai escaped relatively unscathed, buoyed by strong corporate earnings. More »

      Tags

      stock market   housing market   stocks   Merrill Lynch   Hong Kong   Asia   Tokyo   Seoul   Mumbai

    • Retail Reports Catapult Markets

      Retail Reports Catapult Markets

      (Newser) - The Dow soared 283.86 points to 13861.73 today, its largest single-day rally since 2002 and another record close. Traders ignored ongoing bearish rumors from the subprime sector, focusing on better-than-expected June reports from a host of retailers including Wal-Mart, J.C. Penney and American Express. More »

      Tags

      stock market   S&P 500   Dow Jones   stocks   Alcoa   Alcan   Rio Tinto

  • June 2007
    • Stock Sell-Off Rings Out 2nd Quarter

      Stock Sell-Off Rings Out 2nd Quarter

      (Newser) - Stocks slipped slightly today as the tumultuous second quarter ended in a cloud of uncertainty and contradictory economic reports. The Dow fell 13.66 to close at 13,408.62, up over 1,000 points since April, after an early surge in response to optimistic inflation and construction-spending reports. But oil prices soon topped $70 a barrel, cooling things off. More »

      Tags

      Federal Reserve   Dow Jones   inflation   stocks   core inflation

    • Mortgage Worries Drive Markets Down

      Mortgage Worries Drive Markets Down

      (Newser) - The major exchanges plummeted today, wrapping up a week of seesawing during which the Dow and the S&P 500 lost about 2% and the Nasdaq fell 1.4%. Even Bear Stearns' announcement that it will bail out a hedge fund entangled in subprime loans couldn't stop the bleeding. The Dow ended the day at 13,360.26, down 185. 58, or 1.4%. More »

      Tags

      stock market   S&P 500   Dow Jones   stocks   IPO   Blackstone Group

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