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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 321 - 340 of 489

<< Prev 1 ... 13 14 15 16 17 18 19 20 21 ... 25 Next >>

February 2008
- Rally Fizzles on Inflation Fears
  
  Wall Street Journal | Feb 6, 08 3:26 PM CST
  
  (Newser) - An early rally fizzled late over inflation fears, and stocks ended down today. The Philly Fed chief raised inflation worries when he said the Fed had to concentrate on "price stability" when considering future rate cuts, the Wall Street Journal reports. The Dow fell 65.03 to 12,200.1, the Nasdaq 30.82 to 2,278.75, and the S&P 10.19 to 1,326.45. More »
- Market Plunges 370 Points
  
  MarketWatch | Feb 5, 08 4:12 PM CST
  
  (Newser) - The markets fell more today than they had in 11 months in the wake of news that the service industry contracted in January and remarks by the Richmond Fed president on the growing risk of recession, Marketwatch reports. The Dow plummeted 370.03 to 12,265.13, the Nasdaq 73.28 to 2,309.57, and the S&P 500 44.18 to 1,336.62. More »
- Banks Falter; Stocks Get Sacked
  
  Wall Street Journal | Feb 4, 08 3:56 PM CST
  
  (Newser) - Stocks fell today on a spate of analyst downgrades of banks and credit-card issuers. American Express, Discover Financial, and Capital One were all hit with downgraded ratings by UBS, reports the Wall Street Journal . The Dow fell 108.03 at 12,635.18, the Nasdaq 30.51 at 2382.85, and the S&P 500 14.60 to 1,380.82. More »
- European Markets Open Higher as Asia Rallies
  
  Associated Press | Feb 4, 08 7:33 AM CST
  
  (Newser) - European markets opened higher on the heels of a mining and technology stock rally in Asia and a positive close on Wall Street Friday, reports the AP. China's benchmark Shanghai Composite Index surged 8.1%, in part on news in state-run papers that the snow emergency in China was overblown. Hong Kong's Hang Seng index jumped 3.8%, Japan's Nikkei 225 index rose 2.7 %, and markets in South Korea and India were also up strongly at the close. More »
January 2008
- Global Markets Retreat Ahead of Fed Move
  
  AFP | Jan 30, 08 7:49 AM CST
  
  (Newser) - European stocks followed declines in Asian markets as news of more subprime woes overshadowed an anticipated 50 basis point rate cut from the Federal Reserve and some positive economic data from the US, AFP reports. London’s FTSE 100 was down 0.85%, the Paris CAC was off 1.54%, Frankfort’s DAX 30 dipped 0.67% and the Euro Stoxx 50 was off 0.80%. More »
- Another Day, Another Rally
  
  CNN | Jan 29, 08 3:43 PM CST
  
  (Newser) - Stocks rose for a second straight session today thanks to a late rally. Flagging techs dragged down the markets initially, but then got a boost from a cheerful report on durable goods orders on the first day of the Fed meeting, reports CNNMoney. The Dow climbed 96.41 to 12,480.30, the Nasdaq 8.15 to 2,358.06, and the S&P 8.33 to 1,362.30 More »
- Foreign Buying Spree Reaches Deep Into US
  
  Washington Post | Jan 28, 08 7:01 PM CST
  
  (Newser) - As the dollar drops, foreign investors are buying up US enterprises large and small, from multi-billion-dollar stakes in Wall Street banks to ownership of chemical factories and construction companies in the likes of North Carolina. Canadian, British and German companies have been expanding their portfolios in the US for years, but the Middle East and China are quickly catching up. And it makes some politicians queasy, the Washington Post reports. More »
- Stocks Up on Rate-Cut Hopes
  
  MarketWatch | Jan 28, 08 3:48 PM CST
  
  (Newser) - Stocks finished in positive territory today, riding hopes that grim new housing numbers will lead the Fed to cut interest rates this week. "The main event for the week will be the Fed-rate decision on Wednesday," a strategist tells MarketWatch. The Dow was up 176.72 to 12,383.89, the Nasdaq 23.71 to 2,349.91, and the S&P 23.36 to 1,353.97. More »
- Stocks Retreat in Asian, Euro Markets
  
  Reuters | Jan 28, 08 5:59 AM CST
  
  (Newser) - European and Asian markets slid again today as fears that the US is in a recession gained ground—despite efforts to shore up its economy and the likelihood the Fed would cut rates up to 50 basis points this week, reports Reuters. Commodity producers and banks suffered as investors worried about a global slowdown and anticipated more losses tied to the subprime contagion. More »
- Selloff Drives Dow Down 171
  
  Wall Street Journal | Jan 25, 08 4:30 PM CST
  
  (Newser) - A 2-day rally sputtered today as the Dow fell 171.44 to 12,207.17 on new jitters about a touchy market. Even strong quarterly reports from Microsoft, Caterpillar, and Honeywell couldn’t keep investors buying this morning; said one economist, “The market is still in a very fragile state.” The Nasdaq slid 34.72 to 2,326.20; the S&P 500 lost 21.46 to 1,330.61. More »
- Stocks Rally on Stimulus News
  
  Wall Street Journal | Jan 24, 08 3:57 PM CST
  
  (Newser) - Stocks enjoyed growth for a second consecutive day as the announcement of Congress’ economic stimulus plan raised investor confidence already bolstered by this week's rate cut by the Fed, the Wall Street Journal reports. Though jittery throughout the day, the Dow mounted a late rally to end up 108.44 points at 12,378.61. The Nasdaq rose 44.51 points to 2,360.92, while the S&P 500 rose 13.47 points to 1,352.07. More »
- Markets Roar Back After Slide
  
  Wall Street Journal | Jan 23, 08 3:34 PM CST
  
  (Newser) - Stocks roared back today after their initial slide, with the Dow ending up nearly 300 points as markets closed after plunging more than 300 points when they opened. Still, recession fears are far from banished. "The broader issues that are troubling this market are going to be with us," a broker told the Wall Street Journal . The Dow ended up 298.98 to 12,270.17, the Nasdaq up 24.82 to 2,317.09, and the S&P up 28.10 to 1,338.60. More »
- Stocks Struggling After Early Skid
  
  Wall Street Journal | Jan 23, 08 8:50 AM CST
  
  (Newser) - Stocks continued their downward march today, with the Dow off 139.41 points by midmorning, up from a 228.75-point dive at the opening bell. Seeming to shrug off yesterday’s huge emergency rate cut from the Fed, investors are acting on fears of recession, and focusing on disappointing earnings from Apple and Motorola. The S&P and Nasdaq were down 17.10 and 41.89 points respectively, the Wall Street Journal reports. More »
- Asian Markets Rebound
  
  New York Times | Jan 23, 08 5:14 AM CST
  
  (Newser) - Asian markets bounced back modestly this morning after two days of precipitous drops. Hong Kong's Hang Seng index jumped 10.72%, Japan's Nikkei average rose 2%, and the Topix index was up 2.5%. Sydney's index closed 4.4% higher, breaking a 12-day downturn, and India's Sensitive index saw its first gains in 8 days as traders expressed cautious optimism More »
- No Worm in Apple, Yet Stock Falls
  
  New York Times | Jan 22, 08 10:23 PM CST
  
  (Newser) - Despite reporting record-high earnings, Apple saw its stocks fall more than 11% after the market closed today, the New York Times reports. Apple's lowered 2nd quarter earning expectations may have sparked the drop, analysts say, unless investors are anxious about the high-end electronics market in general as the US economy slows down. More »
- Stocks Plunge, Battle Back
  
  MarketWatch | Jan 22, 08 3:38 PM CST
  
  (Newser) - Stocks declined today but ended the session up from the depths of their initial plunge, as the Fed's emergency rate cut seemed to calm f