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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 221 - 240 of 332

<< Prev 1 ... 8 9 10 11 12 13 14 15 16 17 Next >>

November 2007
- 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 »
- Credit Woes Wipe Out Bounce
  
  newser | Wall Street Journal | Nov 26, 07 3:44 PM CST
  
  Credit worries wiped out the market's bounce from Black Friday today as the Dow plunged well over 200 points. The financial sector led the dive. "Until the financials bounce back the market's not going to be in a great place," one trader tells the Wall Street Journal . The Dow was down 237.44 to 12,743.44, the Nasdaq 55.61 to 2,540.99, and the S&P 500 33.48 to 1,407.22. More »
- Investor Worries Sink Stocks
  
  newser | Wall Street Journal | Nov 21, 07 3:47 PM CST
  
  Worries over the credit market's effect on the broader economy resurfaced in a big way today as stocks sank, swamped by yesterday's newly glum growth forecast from the Federal Reserve. Other economic data released today were similarly bleak. "The index of leading indicators was a pretty lousy number," says a bank exec. The Dow was down 211.10 to 12,799.04, the Nasdaq 34.66 to 2,562.15, and the S&P 22.93 to 1,416.77. More »
- Stocks Take a Ride, End Up
  
  newser | CNN | Nov 20, 07 3:50 PM CST
  
  Stocks nosed up today after rallying, plunging, then rallying again. Freddie Mac and Fannie Mae reported big losses and pushed the markets downward, but stocks made up some lost ground with a good sales report from Hewlett Packard and a UBS upgrade for Exxon. The Dow was up 51.70 to 13,010.14, the Nasdaq up 3.43 to 2,596.81, and the S&P 500 up 6.43 to 1,439.70. More »
- Citigroup Leads Steep Nosedive
  
  newser | Wall Street Journal | Nov 19, 07 3:48 PM CST
  
  Stocks fell today—the Dow by more than 200 points—after a Goldman analyst downgraded Citigroup to "sell" in the morning, setting off a skid. The same analyst lowered target prices on Merrill Lynch, Morgan Stanley, and several other stocks, which fell by over 2%, the Journal reports. The Dow was down 218.35 to 12,958.44, the Nasdaq 43.86 to 2,593.38, and the S&P 500 25.47 to 1,433.27. More »
- Dow Up After Roller-Coaster Day
  
  newser | MarketWatch | Nov 16, 07 3:44 PM CST
  
  The major indexes closed up today after erratic trading as bad news on industrial production and new negative forecasts failed to halt an end-of-week rally. The Dow gained 66.74 to 13,176.79, the Nasdaq climbed 18.73 to 2,637.24, and the S&P 500 closed at 1,458.74, up 7.59. More »
- Stocks Fall Second Straight Day
  
  newser | Bloomberg | Nov 15, 07 3:46 PM CST
  
  Stocks were down for a second consecutive session today on bad tidings from Wells Fargo, JC Penney, and Exxon Mobil. Mortgage giant Wells called the housing market the worst since the Depression; Exxon fell after a surprise decrease in oil prices. The Dow was down 120.96 to 13,110.05, the Nasdaq 25.81 to 2,618.51, and the S&P off 19.43 to 1,451.15. More »
- Inflation Still in Check as Housing Offsets Energy
  
  newser | Wall Street Journal | Nov 15, 07 9:43 AM CST
  
  Consumer prices saw only modest gains last month, welcome news for inflation watchers with an eye on rising oil prices and a dropping dollar. The Consumer Price Index rose 0.3%, in lockstep with analysts' estimates. Core CPI, which excludes food and energy, rose 0.2%. Year-over-year, the increases were 3.5% and 2.2% respectively, with the latter just above the Fed’s presumed 1%-2% comfort zone, the Wall Street Journal reports. More »
- In Thain, Merrill Picks CEO as Risk Manager
  
  newser | Wall Street Journal | Nov 15, 07 4:24 AM CST
  
  The choice of NYSE's John Thain as Merrill Lynch's new CEO signals a focus on a new kind of manager for the financial giant, the Wall Street Journal observes: a strong risk manager. A low-key, detail-oriented veteran, Thain resembles the top execs of the firms least damaged by the subprime mortgage collapse, the paper notes: "They aren't risk-averse but they have a deep understanding of risk and have the battle scars to prove it." More »
- Niederauer Will Succeed Thain at Big Board
  
  newser | Wall Street Journal | Nov 14, 07 4:06 PM CST
  
  Duncan Niederaurer, current co-COO and president of the New York Stock Exchange, is poised to replace John Thain as CEO of the Big Board, reports the Wall Street Journal . Thain is expected to be named CEO of Merrill Lynch, replacing the departing Stan O'Neal. NYSE is expected to make an announcement later today. More »
- Stocks Teeter, Dive Before Bell
  
  newser | Wall Street Journal | Nov 14, 07 3:53 PM CST
  
  Stocks wavered throughout today's session, finally falling well into the red before the bell. Despite relatively good news from the financial sector—including a hopeful outlook from Bear Stearns—surging oil prices and profit-taking in the tech sector brought the markets down. The Dow was off 83.16 to 13,223.93, the Nasdaq 29.33 to 2,644.32, and the S&P 10.46 to 1470.58. More »
- John Thain to Be Merrill CEO
  
  newser | Wall Street Journal | Nov 14, 07 12:18 PM CST
  
  Merrill Lynch will name NYSE chief John Thain as its CEO as soon as today, an insider tells the Wall Street Journal . The former Goldman Sachs president, on Merrill’s shortlist since Stan O'Neal was shown the door two weeks ago, was also under consideration for Citigroup’s top post. The move comes as something of a surprise, as Wall Streeters had focused attention on BlackRock CEO Larry Fink. More »
- Bernanke Ups Fed Transparency
  
  newser | Wall Street Journal | Nov 14, 07 10:34 AM CST
  
  The Federal Reserve will issue more detailed reports twice as often, Ben Bernanke announced today. Starting next Tuesday, the Fed will release projections for inflation, GDP, and unemployment four times a year, accompanied by a “narrative” telling investors what the Fed is thinking. Bernanke also said he’d be looking at overall inflation from now on, not just the gas- and food-free core rate. More »
- Dow Climbs 320, Ending Skid
  
  newser | Bloomberg | Nov 13, 07 3:48 PM CST
  
  The Dow shot up by nearly 320 today, ending 4 days of declines as the markets bounced back in a rally led by financial stocks. A drop in oil prices helped, as did the announcement that Apple was planning to sell its iPhone in China, reports Bloomberg. The Dow surged 319.54 to 13,307.09, the Nasdaq was up 89.52 to 2673.65, and the S&P 500 gained 1.86 to 1481.04. More »
- Dow Dips Below 13K
  
  newser | Wall Street Journal | Nov 12, 07 3:38 PM CST
  
  The Dow closed below 13,000 today after seesawing on bad news from the financial sector and falling oil prices. The Dow finished at 12,987.55, down 55.19, after E*Trade said further mortgage-related write-downs might come—and its shares dropped 56%. The Nasdaq slid 43.81 to close at 2,584.13, and the S&P 500 dropped 14.52 to 1,439.18. More »
- Techs Lead Stocks' Tumble
  
  newser | Bloomberg | Nov 8, 07 3:48 PM CST
  
  Technology concerns led a second consecutive down session on Wall Street today. Stocks headed south as Cisco Systems reported slowing demand and Federal Reserve chief Ben Bernanke told Congress the economy will "slow noticeably" in the fourth quarter, and continue to be hobbled by the housing crisis into the new year. The Dow was down 33.73 to 13,266.29, the Nasdaq 52.76 to 2,696.00, and the S&P 0.85 to 1,474.77. More »
- Stocks Tumble Across Asia
  
  newser | Financial Times (UK) | Nov 8, 07 6:13 AM CST
  
  Stocks in Asia dove today as investors fretted over Wall Street's losses and unloaded local property stocks, reports the Financial Times . The Hang Sang dropped 3.19%, or almost 950 points, making a slight recovery at the end of the day from a 4% loss. The Nikkei fell for a fifth straight day, this time by 2.3%. Even China, which often avoids the volatile swings elsewhere in Asia, saw stocks drop by 5%. More »
- Dow Off 360 on Credit Worries
  
  newser | Wall Street Journal | Nov 7, 07 3:45 PM CST
  
  Stocks plummeted again today as investors remembered just how scary the credit crunch is. Financials led the fall, and the Dow was down 360. "Negative news that was overlooked and ignored yesterday" was back today, one manager told the Wall Street Journal . The Dow finished off 360.92 to 13,300.02, the Nasdaq 76.42 to 2,748.76 and the S&P 44.65 to 1,475.62. More »
- Oil, Gold Lift Markets
  
  newser | Bloomberg | Nov 6, 07 3:37 PM CST
  
  Stocks closed up today, buoyed by surging oil and gold prices. Oil hit $97 a barrel, and gold is at a 27-year high, Bloomberg reports. Energy and metals producers, including Exxon Mobil and Newmont Mining—the world's second-largest gold-mining company—led the rally. The Dow was up 117.54 to 13,660.94, the Nasdaq 30.00 to 2,825.18, and the S&P 500 18.10 to 1,520.27. More »

Stories 221 - 240 of 332

<< Prev 1 ... 8 9 10 11 12 13 14 15 16 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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