MARKETS
Weekly loss of 3.5% off jobs, crude
MarketWatch Jun 6, 08 3:22 PM CDT
(Newser)
-
The markets took huge losses today, battered by $139 oil and the worst unemployment report in 4 years, MarketWatch reports. The Dow fell 394.64 to close at 12,209.81, and down 3.5% for the week. The Nasdaq fell 75.38 to 2,474.56, a 1.9% weekly loss, and the S&P 500 fell 43.37 to 1,360.68, 2.9% on the week.
More »
MARKETS
Wal-Mart among big winners as indices rebound from 3 days of losses
Wall Street Journal Jun 5, 08 3:17 PM CDT
(Newser)
-
The markets rebounded from a 3-day losing streak today as retailers posted strong sales and weekly claims for jobless benefits fell, the Wall Street Journal reports. The Dow climbed 213.97, closing at 12,604.45, and the Nasdaq gained 46.80 to settle at 2,549.94. The S&P 500 added 26.85 to finish at 1,404.05.
More »
MARKETS
Conflicting news on financials hinders the market
MarketWatch Jun 4, 08 3:42 PM CDT
(Newser)
-
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 »
MARKETS
Liquidity rumors, poor sales sour investor sentiment
MarketWatch Jun 3, 08 3:41 PM CDT
(Newser)
-
The markets enjoyed modest gains before dropping sharply this afternoon as rumors swirled that Lehman Brothers may face a liquidity problem and automakers reported weak May sales, MarketWatch reports. The Dow closed down 100.97 at 12,402.85, the Nasdaq down 11.05 at 2,480.48, and the S&P 500 down 8.02 at 1,377.65.
More »
MARKETS
Executive shuffles at WaMu, Wachovia give market jitters
MarketWatch Jun 2, 08 3:38 PM CDT
(Newser)
-
Financials keyed major market losses as high-level personnel shuffles at Wachovia and Washington Mutual, plus a report by Standard and Poor that downgraded the ratings of several prominent banks, disconcerted investors, MarketWatch notes. The Dow lost 134.50 to settle at 12,503.82, and the Nasdaq lost 31.13, closing at 2,491.53. The S&P 500 lost 14.71, ending the day at 1,385.67.
More »
MARKETS
Dell performance rallies tech; Commerce Department gives bad news
MarketWatch May 30, 08 3:30 PM CDT
(Newser)
-
Stocks ended mixed after a seesaw session today, with strong performance by tech and energy shares contrasting with bad news on consumer spending and incomes, MarketWatch reports. The Dow closed down 7.90 at 12,638.32. The Nasdaq gained 14.34 to 2,522.66, while the S&P 500 ticked up 2.12, ending at 1,400.38.
More »
MARKETS
GDP, financial rallies treat investors well, for now
Wall Street Journal May 29, 08 3:33 PM CDT
(Newser)
-
The markets saw gains today as good economic data and a rally amid financial shares gave evidence that the nation may be moving past the current slump, the Wall Street Journal reports. The Dow gained 52.19 points to close at 12,646.22, the Nasdaq gained 21.62 to 2,508.32, and the S&P 500 rose 7.41 to 1,398.23.
More »
MARKETS
Dow posts modest gain on mixed news
Wall Street Journal May 28, 08 3:34 PM CDT
(Newser)
-
Stocks rose, fell, and rose again as mixed economic news pulled the market in opposite directions today, the Wall Street Journal reports. The Dow ended up 45.68, at 12,594.03. The Nasdaq climbed 5.46 to 2,486.70, and the S&P 500 rose 5.49 to 1,390.84.
More »
MARKETS
Housing, oil continue to pummel equities
MarketWatch May 23, 08 3:34 PM CDT
(Newser)
-
Stocks fell today, rounding out a gloomy week as the familiar themes of housing malaise and energy costs manifested in widespread big losses, MarketWatch reports. The Dow fell 145.99 to close at 12,479.63, the Nasdaq lost 19.91, settling at 2,444.67, and the S&P 500 fell 18.42, closing at 1,375.93.
More »
MARKETS
Drop in jobless claims encourages investors, but it's a 'one-story market'
Wall Street Journal May 22, 08 3:35 PM CDT
(Newser)
-
Stocks eked out small gains after two days of big losses as surging oil pulled back from a new record of $135 per barrel to $131.79, the Wall Street Journal reports. The Dow rose 24.43, closing at 12,625.62, while the Nasdaq climbed 16.31 to settle at 2,464,58. The S&P 500 rose 3.64, finishing the session at 1,384.35.
More »
MARKETS
Consumer confidence hits 28-year low
Bloomberg May 16, 08 3:27 PM CDT
(Newser)
-
Stocks fell, then climbed back almost to opening levels today to wrap up a generally strong week. Yet another record oil price—almost $128 a barrel—drove early losses, and a report of the lowest consumer-confidence rating in 28 years did not help. The Dow closed down 5.86 at 12,986.80, and the Nasdaq dropped 4.88, closing at 2,528.85. The S&P 500 gained 1.78 to close at 1,425.35.
More »
MARKETS
Merger buzz bets weak economic data
MarketWatch May 15, 08 3:24 PM CDT
(Newser)
-
Stocks rose for the fourth consecutive day today as deal-making buzz from Internet firms and a Tiffany’s-led retail rally offset a rise in weekly jobless claims and contraction in New York- and Philadelphia-region manufacturing, MarketWatch reports. The Dow rose 94.28, closing at 12,992.66, while the S&P 500 climbed 14.91 to settle at 1,423.75. The Nasdaq gained 37.03, to 2,533.73.
More »