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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 201 - 220 of 330

<< Prev 1 ... 7 8 9 10 11 12 13 14 15 ... 17 Next >>

December 2007
- Stocks Rise on Credit Optimism
  
  newser | MarketWatch | Dec 24, 07 1:27 PM CST
  
  Stocks were buoyant today in an abbreviated Christmas Eve session, rising on falling interest rates and optimism that financial institutions would find new sources of capital from abroad. The Dow got a boost from a big cash infusion for Merrill Lynch and aluminum giant Alcoa’s sale of a major division, jumping 98.68 points to 13,549.33. The S&P 500 added 11.99 points to 1,496.45, and Nasdaq rose 21.51 points to close at 2,713.50 More »
- Goldman Sachs Awards CEO $68M Bonus
  
  newser | MarketWatch | Dec 21, 07 8:07 PM CST
  
  Goldman Sachs gave CEO Lloyd Blankfein a $67.9 million bonus for 2007, believed to be one of the largest such payouts in history, MarketWatch reports. The bonus includes $26.8 million in cash and $41.1 million in stocks. Goldman succeeded this year while rivals foundered in the subprime morass; CEOs at poor-performing Morgan Stanley and Bear Stearns did not receive bonuses for 2007. More »
- Tech Sector Spurs Santa Rally
  
  newser | MarketWatch | Dec 21, 07 4:04 PM CST
  
  The markets enjoyed a long-awaited "Santa Claus rally" today, finishing in positive territory for the week as BlackBerry producer Research in Motion posted strong earnings and the Commerce Department reported the largest monthly consumer spending increase in 2 years. The Dow climbed 205.01 to 13,450.65, the S&P 500 24.35 to 1,484.47, and the Nasdaq 51.13 to 2,691.99. More »
- Markets Rise on Tech Rally
  
  newser | MarketWatch | Dec 20, 07 4:14 PM CST
  
  Sharply higher earnings and a bullish forecast from software giant Oracle kicked off a market rally this morning, but fears about the financial sector continued as Bear Stearns reported its first-ever (and steeper than expected) loss. Another late rally boosted the tech-rich Nasdaq 39.85 points to 2,640.86; the Dow finished up 38.37 points, at 13,245.64, and the S&P 500 up 7.12 at 2,640.86. More »
- Oracle Blasts Forecasts With 35% Profit
  
  newser | Bloomberg | Dec 19, 07 6:25 PM CST
  
  Database software-maker Oracle surprised analysts today, reporting its income surged 35 percent in the second quarter to $1.3 billion, thanks to the success of new programs and customer-support contracts. Experts had expected sales of approximately $5.03 billion, Bloomberg reports, but the company boasted sales of $5.36 billion—pulling in a profit of 25 cents per share. More »
- Stocks Climb After Rough Day
  
  newser | Wall Street Journal | Dec 18, 07 3:40 PM CST
  
  The market was up and down all day today as investors divided on whether to applaud cash injections and welcome good earnings reports or fret over bad housing numbers and inflation concerns. The Dow ultimately climbed 65.27 to 13,232.47, the Nasdaq added 21.57 to 2,596.03 and the S&P tacked on 9.08 to 1,454.98. More »
- Global Food Prices Soar
  
  newser | Financial Times (UK) | Dec 17, 07 4:44 PM CST
  
  Expect another surge in the cost of breakfast cereal: The benchmark price for wheat rose above $10 a bushel for the first time today, further fueling the inflation in global food costs that kicked in last summer. Benchmark prices for rice futures also hit a new high, and corn and soybeans hit 11- and 34-year peaks, respectively, the Financial Times reports. More »
- Stagflation Jitters Sink Stocks
  
  newser | Wall Street Journal | Dec 17, 07 3:29 PM CST
  
  The markets resumed last week’s downward spiral today, with the Dow diving 172.65 to 13,167.20 despite typically buoying news of major deals. The Nasdaq slid 61.28 to 2,574.46 and the S&P closed at 1,445.90, down 22.05. Alan Greenspan said he foresees a 50-50 chance of recession and warned of stagflation, the Journal reports. More »
- Stocks Plunge After Rate Cut
  
  newser | Bloomberg | Dec 11, 07 3:54 PM CST
  
  Stocks plunged today after the Fed cut a key interest rate by only a quarter-point, Bloomberg reports. Investors who had hoped for a half-point fear the smaller cut won't do enough to stave off a recession. "They're thinking that the Fed doesn't get it," said a strategist. The Dow fell 294.26 to 13,432.77, the Nasdaq 66.6 to 2,652.35, and the S&P 500 38.31 to 1,477.65. More »
- Stocks Up on Rate Cut Hopes
  
  newser | Wall Street Journal | Dec 10, 07 3:56 PM CST
  
  Stocks kept climbing today as investors held out for a nearly certain rate cut at tomorrow's Fed meeting. A positive housing report and mostly good news from financials also helped keep things bullish. "Everybody is paying attention to tomorrow's rate" cut, a trader told the Wall Street Journal. The Dow was up 101.45 to 13,727.03, the Nasdaq rose 12.79 to 2,718.95, and the S&P 500 climbed 11.3 to 1,515.96. More »
- UnitedHealth's Ex-CEO Will Pay Back $620M
  
  newser | Wall Street Journal | Dec 6, 07 9:59 PM CST
  
  UnitedHealth's ex-CEO will surrender another $420 million in stock options and retirement pay to settle claims in a scandal over stock-option backdating. William McGuire already had forfeited $200 million to UnitedHealth when he was ousted last year, the Wall Street Journal reports, making his giveback one of the largest in history. More »
- Rate-Freeze Plan Lifts Stocks
  
  newser | Wall Street Journal | Dec 6, 07 3:29 PM CST
  
  Stocks leaped again today after the Treasury Department's plan to freeze some mortgage rates eased fears of a recession. Investors also continue to expect that the Fed will cut interest rates on Dec. 11, the Wall Street Journal reports. The Dow was up 174.93 to 13,619.89, the Nasdaq 42.67 to 2,709.03, and the S&P 22.33 to 1,507.34. More »
- Good News Rallies Markets
  
  newser | Wall Street Journal | Dec 5, 07 3:32 PM CST
  
  Stocks took off today in response to cheerful economic data and rising hopes for a Dec. 11 rate cut from the Fed. Government reports showed an increase in productivity and an unexpected jump in hiring, the Wall Street Journal reports. The Dow was up 196.23 to 13,444.96, the Nasdaq up 46.53 to 2,666.36, and the S&P up 22.22 to 1,485.01. More »
- Stocks Fall on Credit Worries
  
  newser | Bloomberg | Dec 4, 07 3:39 PM CST
  
  Stocks fell again today after JPMorgan Chase predicted that profits would drop at big brokerages. Meanwhile, lower oil prices lowered earning prospects for energy companies, reports Bloomberg. "Until credit loosens up, you can't get a solid footing in the market," says a manager. The Dow was down 65.84 to 13,248.73, the Nasdaq 17.3 to 2,619.83, and the S&P 500 9.63 to 1,462.79. More »
November 2007
- Techs Put Damper on Optimism
  
  newser | MarketWatch | Nov 30, 07 3:38 PM CST
  
  The markets closed up today on rumors of a coming interest rate cut, but bad news in the tech sector limited gains. The Dow climbed 59.99 points to 13,371.72, but only after a negative forecast from Dell erased a sizable morning rally. The S&P 500 climbed 11.42 to 1,481.14, while the Nasdaq slumped 7.17 to close at 2,660.96. More »
- After Rallies, Stocks Flatten Out
  
  newser | Wall Street Journal | Nov 29, 07 3:41 PM CST
  
  Markets waffled for most of today's session and ended slightly up, after a big dip in the morning. "We've had an awful lot of upside, and [stocks] are entitled to some rest," one strategist tells the Wall Street Journal. The Dow was up 22.28 to 13311.73, the Nasdaq was up 5.22 to 2668.13, and the S&P was up 0.70 to 1469.72. More »
- Short Sellers Betting Big on Palm's Failure
  
  newser | Fortune Magazine | Nov 28, 07 8:23 PM CST
  
  Tech stocks have had a good year, and one wouldn’t expect short sellers to take much interest in the area. Anticipating declines, however, is good business, and right now Palm is the horse the short-sell vultures are betting will fall first. Fortune reports that November short-sell bets against Palm have surged, along with those against Sirius Satellite, ETrade Financial, and Microsoft. More »
- Dow Jumps 331 on Fed Hopes
  
  newser | Wall Street Journal | Nov 28, 07 3:40 PM CST
  
  Stocks were way up today—the Dow by over 300 points—buoyed by hopes for a Fed interest-rate cut, good news from beleaguered financials, and a stronger dollar. Remarks by Vice Chairman Donald Kohn led investors to believe the Fed is still considering a cut, the Wall Street Journal reports. By the bell, the Dow was up 331.01 to 13,,289.45, the Nasdaq 82.11 to 2,662.91, and the S&P 40.79 to 1,469.02. More »
- Stocks Rebound After Correction
  
  newser | Wall Street Journal | Nov 27, 07 3:47 PM CST
  
  Stocks bounced back today after yesterday's correction with help from an injection of cash for Citigroup and lower oil prices. "The market isn't up on a cheerful consumer—it's oversold and looking to bounce," an analyst tells the Wall Street Journal . The Dow was up 215.00 to 12,958.44, the Nasdaq 39.81 to 2,580.80, and the S&P 500 21.01 to 1,428.23. More »
- The 'R-Word' Surfaces on Wall Street
  
  newser | Washington Post | Nov 27, 07 12:38 PM CST
  
  Wall Street has the recession jitters: Markets are down 10% since October, the S&P 500 is down as analysts predict depressed earnings, and T-bills are down on anticipated Fed rate cuts. But there’s a flip side: Holiday sales gained 8.3% over 2006, unemployment is at 4.7%, and a slowdown doesn’t mean recession, reports the Washington Post. More »

Stories 201 - 220 of 330

<< Prev 1 ... 7 8 9 10 11 12 13 14 15 ... 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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