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Started by C Miller; Last updated Feb 28, 08 3:25 PM CST by K Schwartz | View history

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The Markets

Record highs meet crashing lows: Our weekday wraps keep tabs on the markets' movement

Stories

Stories 181 - 200 of 332

<< Prev 1 ... 6 7 8 9 10 11 12 13 14 ... 17 Next >>

January 2008
- Asian Stocks Continue Plunge
  
  newser | MarketWatch | Jan 22, 08 3:25 AM CST
  
  Jitters over the US economy led to a major sell-off in Asian markets for the second straight day, with Australia's benchmark index closing down 7.1%—the biggest single-day loss in nearly 20 years. India's Sensex index skidded 10%, triggering a shutdown, but rallied to close down 4.6%. Japan's Nikkei and the broader Topix index finished 5.7% lower, and Hong Kong's Hang Seng index slumped 8.7% the day after global indexes suffered their biggest plunge since 9/11. More »
- Europe Sees Biggest Stock Plunge Since 9/11
  
  newser | MarketWatch | Jan 21, 08 4:10 PM CST
  
  Amid continuing concerns about a US recession, European stocks took their biggest single-day plunge since 9/11 today, reports MarketWatch. Losses from financial institutions appeared to be the biggest culprit in the day's 5.4% drop, which added to a crippling trend: The Dow Jones Stoxx 600 index has dropped 23% since mid-2007. On American shores, Dow futures dropped, sparking fears of a nosedive tomorrow. More »
- Stocks Fall as Early Rally Fades
  
  newser | MarketWatch | Jan 18, 08 4:00 PM CST
  
  Stocks fell for the fourth straight session today as fears that President Bush’s stimulus plan will not be enough to stave off a recession dissipated an early rally, MarketWatch reports. The Dow ended down 59.91 at 12,099.30, and the Nasdaq fell 6.88 to close at 2,340.02. The S&P 500 dropped 8.06 points to 1,325.19, capping its biggest weekly loss in 5 years. More »
- GE Q4 Profit Climbs 15%; Stock Rebounds
  
  newser | Bloomberg | Jan 18, 08 1:41 PM CST
  
  GE profits rose 15% in the fourth quarter as overseas demand for jet engines and power turbines more than offset the weakness in the US economy, the company reported today. “They've really been a beneficiary of the whole global growth story,” an analyst told Bloomberg. GE stock was up 3.4% at midday; earlier, it rose 5.3%, its biggest gain in almost 5 years, erasing yesterday's 3.9% drop. More »
- AMD Gets Closer to Profitable
  
  newser | New York Times | Jan 18, 08 11:48 AM CST
  
  Advanced Micro Devices pleased investors with its fourth-quarter financial report yesterday, as it neared profitability despite a big loss that included its acquisition of graphics chip maker ATI Technologies. AMD execs said they expect to break even early in the second half of 2008, reports the New York Times . AMD shares jumped 35 cents to $6.69 on the news in after-hours trading, and to $6.97 by midday today. More »
- Bernanke Can't Rally Markets
  
  newser | New York Times | Jan 18, 08 4:00 AM CST
  
  Signs the housing market black hole was worsening and pulling down the rest of the economy spurred the DJIA to slide another 3% yesterday as investors decided a federal rescue plan was too late to help, reports the New York Times . Even reassuring words from Fed Chair Ben Bernanke that the economy was “extraordinarily resilient,” did little to ease concerns. More »
- Stocks Teeter on Oil News
  
  newser | Wall Street Journal | Jan 16, 08 3:42 PM CST
  
  Stocks ended slightly down today partly in response to falling oil prices, which could provide a possible jump-start for consumer spending, the Wall Street Journal reports. "Considering that oil was near $100 not too long ago, this is a big move," one trader said. The Dow ended down 34.95 to 12,466.16, the Nasdaq 23.00 to 2,394.59, and the S&P 7.75 to 1,373.20. More »
- Citigroup Woes Sink Stocks
  
  newser | Bloomberg | Jan 15, 08 3:31 PM CST
  
  Stocks plunged today on news of Citigroup's big losses and surprisingly poor retail numbers. This is the worst start to a year by the S&P 500 since 1978, reports Bloomberg. "There seems to be no end of bad news,'' says one exec. The Dow was down 277.04 to 12,501.11, the Nasdaq 60.71 to 2,417.59, and the S&P 35.3 to 1,380.95. More »
- IBM Leads Stock Surge
  
  newser | Wall Street Journal | Jan 14, 08 3:45 PM CST
  
  Stocks surged today, propelled by hopes for an interest rate cut and expectation-busting fourth-quarter results from IBM. "The Fed has a very hard job right now, but I think the market is saying it thinks they are up to the task," a trading exec told the Wall Street Journal. The Dow jumped 171.85 to 12,778.15, the Nasdaq 38.36 to 2,478.30, and the S&P 500 15.23 to 1,416.25. More »
- IBM Tops Q4 Expectations by $1B
  
  newser | Bloomberg | Jan 14, 08 10:20 AM CST
  
  IBM shares soared after the company released preliminary quarterly earnings today that beat Wall Street’s predictions by $1 billion, reports Bloomberg. Shares popped 8% in early trading after the company said “strong operational performance in Asia, Europe, and emerging countries” helped it to a 24% bump in earnings from continuing operations, to $2.80 per share. Analysts had predicted $2.60. More »
- Saudi Prince, Chinese Bank to Back Citigroup
  
  newser | Wall Street Journal | Jan 11, 08 6:02 PM CST
  
  A Saudi prince and one of China's government banks are expected to invest billions in Citigroup, the Wall Street Journal reports today. The China Development Bank is expected to pump in $2 billion, sources said; the amount billionaire Prince Alwaleed bin Talal would front is yet to be determined, but would need to be below 5% of Citigroup's $140 billion value to avoid regulatory issues. More »
- Dow Tanks on Consumer Woes
  
  newser | Wall Street Journal | Jan 11, 08 3:25 PM CST
  
  The Dow plunged 246.79 points to 12,606.30 today as investors, worried about consumer spending, fled retailers and credit-card issuers. Analysts are concerned the mortgage crisis has finally hit pocketbooks, hurting credit, jobs, and public confidence, the Wall Street Journal reports.The Nasdaq slid 48.58 to close at 2,439.94, and the S&P 500 fell 19.31 to 1,401.02. More »
- Infosys Profits Up 26% This Quarter
  
  newser | Associated Press | Jan 11, 08 2:21 PM CST
  
  Infosys saw its profit go up 25.6% int the October to December quarter, the Indian company said Friday. It credited tax refunds and new outsourcing jobs: the company added 47 clients, including an unnamed European bank and a global brokerage firm, reports AP. Infosys raised its 2007 revenue forecast slightly, but not enough to match investors’ expectations, and its shares dropped by 1.3%. More »
- Stocks Soar After Bumpy Ride
  
  newser | MarketWatch | Jan 10, 08 3:19 PM CST
  
  The Dow finished up 117.78 points today, closing at 12,853.09 on signals from Fed chairman Ben Bernanke of interest-rate cuts to come and reports that Bank of America is in talks to buy home-loan giant Countrywide. It was a bumpy ride, though, as the key index was down more than 100 points at one point on weak December sales at big retailers. More »
- Techs Push Stocks Back Up
  
  newser | Bloomberg | Jan 9, 08 3:47 PM CST
  
  Stocks moved higher today, boosted by the first upward bump in tech shares in seven days. Meanwhile, Berkshire Hathaway said it might invest in municipal bond insurers, Bloomberg reports. The company is "looking at ways to support the existing insurers in terms of reinsurance and capital," one exec said. The Dow was up 146.24 to 12,735.31, the Nasdaq 34.04 to 2,474.55, and the S&P 18.94 to 1,409.13. More »
- Financials Send Stocks Sliding
  
  newser | Wall Street Journal | Jan 8, 08 3:40 PM CST
  
  Stocks plunged today as financials dragged down the markets. Countrywide reeled despite releasing statements denying it was preparing to file for bankruptcy protection. "You can't really have a healthy market without healthy financials," a trader told the Wall Street Journal . The Dow was down 238.42 to 12,589.07, the Nasdaq 58.95 to 2,440.51, and the S&P 500 25.99 to 1,390.19. More »
- Markets Swing; Nasdaq Suffers
  
  newser | MarketWatch | Jan 7, 08 3:54 PM CST
  
  The markets seesawed towards small increases, as the Dow saw its first gains of 2008 after fluctuating in a 150-point range, MarketWatch reports. The Nasdaq continued last week’s streak of losses, falling 5.19 to 2,499.46. The Dow ended up 27.31 at 12,827.49, and the S&P 500 inched up 4.55 to 1,416.18. More »
- Bad Jobs Data Trigger Freefall
  
  newser | Wall Street Journal | Jan 4, 08 3:37 PM CST
  
  The worst employment-growth report since August 2003 sent the markets into a nosedive today, with the Dow ending the day off 256.54 to 12,800.18. Only 18,000 non-farm jobs were added in December, the Wall Street Journal reports, and the unemployment rate rose to 5.0%, its highest level in 2 years. The Nasdaq plummeted 98.03 to 2,504.65; the S&P lost 35.53 to 1,411.63. More »
December 2007
- Markets Sink, But '07 Sees Gains
  
  newser | MarketWatch | Dec 31, 07 3:54 PM CST
  
  The markets took a tumble today, trimming but not eliminating yearly gains, MarketWatch reports. The Nasdaq, benefiting from its relative insulation from the housing crisis, rose 9.8% in 2007, although it fell 22.18 points today to end at 2,652.28. The Dow fell 101.05 to close at 13,264.82, a yearly gain of 6.4%, and the S&P 500 fell 10.13 to 1,468.36, up 3.5% for the year. More »
- Stocks Mixed on Housing News
  
  newser | MarketWatch | Dec 28, 07 3:53 PM CST
  
  The markets were mixed in a volatile session today, with the Dow ending just slightly higher after more bad news from the housing sector erased an early-morning 100-point rally, Marketwatch reports. The Dow rose 6.26 to close at 13,365.87, and the S&P 500 climbed 2.12 to 1,478.49, but the Nasdaq fell 2.33 to 2,674.46. More »

Stories 181 - 200 of 332

<< Prev 1 ... 6 7 8 9 10 11 12 13 14 ... 17 Next >>

William Brazer of Van der Moolen Specialists is framed by monitors on the floor of the New York Stock Exchange, Wednesday, Sept. 5, 2007, in New York. Stocks fell sharply as a jittery Wall Street sold... (Associated Press)

A television screen in a booth on the floor of the New York Stock Exchange shows the rate decision of the Federal reserve, Tuesday, Sept. 18, 2007. The Federal Reserve cut a key interest rate, Tuesday,... (Associated Press)

A television screen in a booth on the floor of the New York Stock Exchange shows the rate decision of the Federal reserve, Tuesday, Sept. 18, 2007. The Federal Reserve cut a key interest rate, Tuesday,... (Associated Press)

Traders give each other a high five on the floor of the New York Stock Exchange shortly after the closing bell, Monday, Oct. 1, 2007 in New York. Wall Street began the fourth quarter with a huge rally... (Associated Press)

Specialist Andrew Smith, right, interacts with traders at the post that handles Alcoa on the floor of the New York Stock Exchange, Wednesday morning, Oct. 10, 2007. Alcoa Inc. ushered in earnings season... (Associated Press)

A pair of traders get together on the floor of the New York Stock Exchange, Tuesday morning, July 24, 2007. Wall Street pulled back sharply in early trading Tuesday following several disappointing earnings... (Associated Press)

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