Dow Jones

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Dow Up 137; Fed News Sparks Rally
 Dow Up 137; 
 Fed News Sparks Rally 
MARKETS

Dow Up 137; Fed News Sparks Rally

Bernanke predicts US GDP growth in 2010

(Newser) - Stocks rallied today on news of strong third-quarter economic growth in Japan and reassurance from Ben Bernanke that the Fed will keep interest rates low, the Wall Street Journal reports.
  • The Dow rose 136.49 points to close at 10,406,96.
  • The Nasdaq gained 29.97, settling at 2,
...

Earnings Drive Dow Up 73
 Earnings Drive Dow Up 73 
MARKETS

Earnings Drive Dow Up 73

Dow Up 2.5% from week-ago close

(Newser) - Stocks finished off their intraday highs but with solid gains on strong earnings reports from Disney, Abercrombie & Fitch, and JCPenney, the Wall Street Journal reports.
  • The Dow gained 73.00 points to close at 10,270.47.
  • The Nasdaq added 18.86, settling at 2,167.88.
  • The S&
...

Dow Falls 94, Snaps Streak
 Dow Falls 94, Snaps Streak 
MARKETS

Dow Falls 94, Snaps Streak

Dow ends six-day run as energy stocks slump

(Newser) - Stocks slumped today as energy firms lost value in line with a decline in crude prices and the tech sector, MarketWatch reports.
  • The Dow fell 94 points to close at 10,197.
  • The Nasdaq lost 18 points, settling at 2,149.
  • The S&P 500 dropped 11 points to 1,
...

Dow Rises 44 on Rates News
 Dow Rises 44 on Rates News 
Markets

Dow Rises 44 on Rates News

Dallas Fed chief reiterates commitment to low interest rates

(Newser) - Stocks retreated from an earlier rally but closed with solid gains after the Dallas Fed president reaffirmed the central bank's commitment to keeping interest rates low. Meanwhile, home-builder Toll Brothers announced a surge in contracts for the third quarter, the Wall Street Journal reports.
  • The Dow gained 44 points to
...

Dow Up 20 in Seesaw Day
 Dow Up 20 in Seesaw Day 
MARKETS

Dow Up 20 in Seesaw Day

Stocks hold ground after Monday's rally

(Newser) - Stocks closed mixed today after a seesaw session, mostly managing to hold the gains from yesterday's big rally. Kraft Foods, Bank of America, and American Express saw gains, notes the Wall Street Journal .
  • The Dow rose 20 points to close at 10,247.
  • The Nasdaq lost 3 points to settled
...

Dow Jumps 204 to 52-Week High
 Dow Jumps 204 to 52-Week High
MARKETS

Dow Jumps 204 to 52-Week High

Easy money, robust earnings prove a winning combination

(Newser) - Stocks rallied today as traders positioned themselves to profit off the next series of gains, spurred by the Fed's continuation of loose monetary policy and strong corporate earnings.
  • The Dow rose 203.52 points to close at 10,276.94.
  • The Nasdaq gained 41.62, settling at 2,154.06.
...

Dow Up 17 as Jobs Stats Stall Stocks
 Dow Up 17 as 
 Jobs Stats Stall Stocks 
MARKETS

Dow Up 17 as Jobs Stats Stall Stocks

Stock indexes finish week up 3%

(Newser) - Stocks rose slightly today after analysts upgraded GE—a striking sign of confidence, given the troubles at its finance arm over the previous year. But any enthusiasm was tempered by the news that unemployment hit 10.2% in October, the highest level since 1983.
  • The Dow rose 17.46 points
...

Dow Rises 204, Back Over 10,000
 Dow Rises 204, 
 Back Over 10,000 
MARKETS

Dow Rises 204, Back Over 10,000

Earnings, jobless data spur biggest gain since July

(Newser) - Stocks rallied, pushing the Dow above 10,000 in its best one-day point gain since July. A decline in weekly jobless claims and good news from Cisco led the way, reports the Wall Street Journal .
  • The Dow rose 204 points to close at 10,006.
  • The Nasdaq added 49 points
...

Dow Up 30 After Rally Fizzles
 Dow Up 30 After Rally Fizzles 
MARKETS

Dow Up 30 After Rally Fizzles

Merck sees big gains on earnings projection

(Newser) - A rally that saw the Dow up almost 140 points on the Fed’s announcement that it would keep interest rates low for an “extended period” collapsed in the final hour of trading today, the Wall Street Journal reports.Tanking insurance stocks were blamed.
  • The Dow closed up 30
...

Dow Closes Down 18
 Dow Closes Down 18 
MARKETS

Dow Closes Down 18

Intel suffers after Morgan Stanley issues warning on semiconductors

(Newser) - Stocks ended mixed today as materials stocks benefited from a rise in commodity prices, but tech suffered after Morgan Stanley issued a pessimistic report on the semiconductor industry, the Wall Street Journal reports.
  • The Dow fell 18 points to close at 9,772.
  • The Nasdaq gained 7 points, settling at
...

Dow Ends Shaky Day Up 76
 Dow Ends Shaky Day Up 76 
MARKETS

Dow Ends Shaky Day Up 76

Markets continue 7th day of wild variations

(Newser) - Stocks seesawed today as good economic data on industry and the housing sector drove big early gains, which then fell victim to selloffs in the financial sector, the Wall Street Journal reports.
  • The Dow climbed 76.71 points to close at 9,789.44.
  • Nasdaq tacked on 4.09 to
...

Dow Falls 250, Biggest Loss Since April
 Dow Falls 250, 
 Biggest Loss Since April 
MARKETS

Dow Falls 250, Biggest Loss Since April

Monthly picture shows Dow growth flat

(Newser) - Stocks tumbled today as flat consumer spending in September deflated investor optimism over yesterday's positive GDP news, the Wall Street Journal reports.
  • The Dow lost 249.85 points to close at 9,712.73.
  • The Nasdaq fell 52.44, closing at 2,045.11.
  • The S&P 500 fell 329.
...

Dow Rises 200 on GDP
 Dow Rises 200 on GDP 
MARKETS

Dow Rises 200 on GDP

Dow flirts with 10,000 mark with big rally

(Newser) - The report of bigger-than-expected 3.5% growth in GDP spurred a really in stocks today, reversing a week of poor results, the Wall Street Journal reports.
  • The Dow gained 200 points to close at 9,963.
  • The Nasdaq added 38 points, closing at 2,098.
  • The S&P 500 rose
...

Dow Falls 120 on Shaky Data
 Dow Falls 120 on Shaky Data 
MARKETS

Dow Falls 120 on Shaky Data

Oil and metal prices see big drops

(Newser) - Stocks tumbled into the close today as investors grew increasingly risk-averse after the release of disappointing reports on durable goods and new-home sales, the Wall Street Journal reports.
  • The Dow fell 120 points to close at 9,762.
  • The Nasdaq dropped 56 points to 2,060.
  • The S&P 500
...

Dow Up 14; Nasdaq Drops 26
 Dow Up 14; Nasdaq Drops 26 
MARKETS

Dow Up 14; Nasdaq Drops 26

IBM's stock-buyback plan buoys market

(Newser) - Stocks were mixed today, with the Dow boosted by IBM after the firm announced a stock-buyback plan amid weakness elsewhere in tech and in consumer discretionary stocks, the Wall Street Journal reports.
  • The Dow rose 14 points to close at 9,882.
  • The Nasdaq lost 26 points to 2,116.
...

Dow Falls 104 on Oil, Banks
 Dow Falls 104 on Oil, Banks 
MARKETS

Dow Falls 104 on Oil, Banks

Bank of America will have trouble squaring bailout repayment with new regulatory requirements

(Newser) - Stocks saw big losses today as a drop in oil prices depressed the energy sector and news that Bank of America will have trouble repaying the federal government led to losses for financials, the Wall Street Journal reports.
  • The Dow fell 104.22 points to close at 9,867.96.
...

Dow Off 108; Commodities Fall
 Dow Off 108; Commodities Fall 
MARKETS

Dow Off 108; Commodities Fall

Energy and materials declines trump gains for Microsoft, Amazon

(Newser) - Stocks posted losses today as a big drop in commodities pushed down the energy and materials sectors, the Wall Street Journal reports.
  • The Dow lost 109.13 points to close at 9,972.13.
  • The Nasdaq fell 10.82, settling at 2,154.47.
  • The S&P 500 dropped 13.
...

Dow Rebounds, Surges 132
 Dow Rebounds, Surges 132 
MARKETS

Dow Rebounds, Surges 132

Leading economic indicators beat expectations

(Newser) - Stocks rallied today as strong earnings from Travelers, McDonald's, and 3M fueled optimism. A report on leading economic indicators also provided good news, although traders were likely buying just to scoop up bargains from yesterday’s sell-off. The Dow rose 132 points to close at 10,081. The Nasdaq added...

Dow Falls 92, Ends Below 10,000
 Dow Falls 92, 
 Ends Below 10,000 
MARKETS

Dow Falls 92, Ends Below 10,000

Analyst's Wells Fargo cut has far-reaching impact

(Newser) - Stocks tanked today in the final hour of trading after renowned analyst Dick Bove downgraded Wells Fargo to “sell.” The bank had posted $3.2 billion in third-quarter net income, but it also reported rising loan delinquencies. Home Depot, Merck, and Boeing all saw losses as the broader...

Dow Falls 51 on Housing
 Dow Falls 51 on Housing 
MARKETS

Dow Falls 51 on Housing

Coca-Cola, DuPont earnings disappoint

(Newser) - Stocks fell today on disappointing earnings and a poor housing report. The market got off to a weak start when numbers on new-home construction were weaker than expected. Poor earnings reports from DuPont and Coca-Cola didn’t help, though Caterpillar, which posted a less severe profit drop than expected, boosted...

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