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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: FOMC

FOMC stories: 4 news summaries

MARKETS

 Retailers Gain; Dow Climbs 48 

Investors overcome grim FOMC minutes

(Newser) - Stocks posted gains today after dipping into the red after the release of minutes from the Fed open market committee’s March meeting, during which forecasts were lowered, the Wall Street Journal reports. Family Dollar Stores' strong earnings report encouraged investors, and the consumer and retail sectors saw broad advances.... More »

MARKETS

 Financials Push Dow Off 65 

US industrial output falls for November

(Newser) - Stocks lost value today as investors await tomorrow’s meeting of the Federal Reserve’s interest-rate committee, and digested various bits of bad news on financial firms and manufacturing, MarketWatch reports. The Dow fell 65.15 to 8,564.53. The Nasdaq lost 32.38, closing at 1,508.34,... More »

MARKETS

 Dow Falls 427 to Below 8,000 

Bad news in housing and predictions of recession sour stocks

(Newser) - Stocks plunged today on a spread of bad economic news, including signs that the housing market is not improving and dire predictions by the Federal Reserve’s interest-rate committee, the Wall Street Journal reports. The Dow fell 427.47 to close at 7,997.28. The Nasdaq lost 96.85,... More »

Market Update

Stocks Rebound, Countering Selloff in Financials

Bear Stearns buyout sends JP Morgan up, Lehman Brothers down

(Newser) - Stocks steadied after steep early morning losses today, with the Dow actually rising 1.06 points by mid-morning, the Wall Street Journal reports. But financials were still down big, as the Bear Stearns fire sale loomed large over the market. Lehman Brothers, down 22%, was hit the worst, other than... More »

4 Stories