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July 25, 2008 6:43:09 PM CDT



The Markets track this thread

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

The Markets

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

Stories

Stories 161 - 180 of 332

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  • February 2008
    • Buffett's Offer Cheers Investors

      Buffett's Offer Cheers Investors

      Stocks ended mixed today, with the Dow up more than 100 points on Warren Buffet's offer to reinsure municipal bonds. "The important thing is that people are thinking we're now close to some kind of broader bailout of the bond insurers," an economist told the Wall Street Journal . The Dow rose 133.40 to 12,373.41, the Nasdaq fell 0.02 to 2,320.04, and the S&P 500 closed up 9.74 at 1,348.86. More »

    • Stocks Climb Out of a Hole

      Stocks Climb Out of a Hole

      Stocks climbed to post modest gains today after a plunge early in the session. Financials fell early after AIG said its credit-derivatives portfolio lost $4.88 billion, significantly more than the company had estimated in December, reports the Wall Street Journal . The Dow closed up 57.88 at 12,240.01, the Nasdaq up 15.21 at 2,320.06, and the S&P 500 7.82 at 1,339.11. More »

    • Dow Falls as Nasdaq Posts Gains

      Dow Falls as Nasdaq Posts Gains

      Stocks showed mixed results today, as the Dow rallied and then teetered to a loss off lingering fears of recession. Meanwhile, the Nasdaq posted moderate gains buoyed by strong showings by Amazon, Google, Apple, and Research in Motion, Marketwatch reports. The Nasdaq gained 11.82 to end at 2,304.85; the Dow fell 64.87 to 12,181.32, and the S&P 500 dropped 5.62 to 1,331.29. More »

    • Rally Fizzles on Inflation Fears

      Rally Fizzles on Inflation Fears

      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

      Market Plunges 370 Points

      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

      Banks Falter; Stocks Get Sacked

      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

      European Markets Open Higher as Asia Rallies

      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

      Global Markets Retreat Ahead of Fed Move

      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

      Another Day, Another Rally

      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

      Foreign Buying Spree Reaches Deep Into US

      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

      Stocks Up on Rate-Cut Hopes

      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

      Stocks Retreat in Asian, Euro Markets

      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

      Selloff Drives Dow Down 171

      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

      Stocks Rally on Stimulus News

      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

      Markets Roar Back After Slide

      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

      Stocks Struggling After Early Skid

      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

      Asian Markets Rebound

      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

      No Worm in Apple, Yet Stock Falls

      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

      Stocks Plunge, Battle Back

      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 freaked-out investors. "This at least gets people from piling in on the short side of things," one strategist told MarketWatch. The Dow fell 128.11 to 11,971.19, the Nasdaq 47.75 to 2,292.27, and the S&P 14.69 to 1,310.50. More »

    • European Markets Yo-Yo

      European Markets Yo-Yo

      European markets went haywire in early trading Tuesday as investors reacted to a second straight day of Asian declines and awaited the reopening of Wall Street. After a disastrous showing for the Nikkei, Hang Seng and other Asian bourses, European markets plunged: the FTSE 100 dropped 200 points minutes after opening. Yet shares in London rallied amid rumors of emergency rate cuts by the three main central banks. More »

Stories 161 - 180 of 332

<< Prev 1 ... 5 6 7 8 9 10 11 12 13 ... 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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