stock market – News Stories About stock market - Page 147

MARKET Open

May 6, 2009 8:51 AM CDT

Stocks Climb on ADP Report

(Newser) - Stocks headed north at the open today as a better-than-expected ADP report outweighed Bank of America's poor "stress test" grade, reports the Wall Street Journal. The Dow rose 64 points, while the Nasdaq and S&P added 9.26 and 8.97 points respectively. Bank of America rose 6%...

Brokers Bail on Wall Street

May 6, 2009 2:46 AM CDT

Brokers Bail on Wall Street

Commissions shrinking as investors turn away from stocks

(Newser) - A rising number of stock brokers are abandoning the industry as markets fall and commissions dry up, the Wall Street Journal reports. More brokers have already departed this year than in any of the last 15 years, and experts expect the exodus to continue as investors shift assets out of...

Stocks Flat After Big Rally

MARKET Open

May 5, 2009 8:47 AM CDT

Stocks Flat After Big Rally

(Newser) - Stocks caught their breath this morning after a huge run yesterday that left the S&P in the black for the year. Stocks were mostly flat, with the Dow fluctuating between gains and losses, while the S&P inched down 0.2% and the Nasdaq 0.5%. Kraft rose 4%...

Stocks Inch Higher
as Reports Loom

MARKET Open

May 4, 2009 8:44 AM CDT

Stocks Inch Higher as Reports Loom

(Newser) - Stocks were modestly higher at the open, with the Dow up 58 points, and the Nasdaq and S&P each up 0.6%. But traders were focused on upcoming reports, including the results of the stress tests and Friday’s all-important payrolls report. Airline stocks got a boost, with Delta...

Stocks Flat After Strong April

MARKET Open

May 1, 2009 8:43 AM CDT

Stocks Flat After Strong April

(Newser) - Stocks began the month without much fanfare this morning, with the major indexes little changed in early trading, the Wall Street Journal reports. Earnings were generally negative, with MasterCard down 5% after profit fell 18%, and Hartford Financial Services plunging 14% after reporting a $1.21 billion loss. Last month...

Earnings Send Stocks Higher

MARKET Open

Apr 30, 2009 8:42 AM CDT

Earnings Send Stocks Higher

(Newser) - Stocks surged at the open, as better-than-expected earnings buoyed hopes that the economy is ready for a comeback, the Wall Street Journal reports. The Dow was up 71 points, while the S&P and Nasdaq rose 8 and 20 points, respectively. Earnings reports have been surprisingly good this quarter; about...

Stocks Up, Despite GDP Plunge

Market Open

Apr 29, 2009 8:45 AM CDT

Stocks Up, Despite GDP Plunge

(Newser) - Stocks headed higher at the open today, despite a grisly first quarter GDP report. The Dow rose 61 points, while the S&P and Nasdaq rose 0.9% and 0.8%, respectively, buoyed in part by a surprise 2.2% boost in consumer spending for the quarter. But that optimism...

Banks Give Stocks the Flu

MARKET Open

Apr 28, 2009 8:47 AM CDT

Banks Give Stocks the Flu

(Newser) - Swine flu fears, and negative reports about the banks left investors feeling ill this morning. The Dow fell 65 points, while Nasdaq fell 0.8% and the S&P 0.9%. Bank of America and Citigroup were headed south, down 7.5% and 6.2% respectively on reports that they’...

Stocks Sink on Swine Flu Panic

MARKET Open

Apr 27, 2009 8:44 AM CDT

Stocks Sink on Swine Flu Panic

(Newser) - Swine flu panic swept across markets today, sending stocks lower around the world. In the US, the Dow sank 80 points at the open, while the S&P and Nasdaq fell 1.1% and 1.2% respectively. In Asia, the Hang Seng tumbled 2.7%, while many major European indexes...

Stocks Edge Higher

Market Open

Apr 24, 2009 8:48 AM CDT

Stocks Edge Higher

(Newser) - Stocks got a modest boost at the open, as better-than-expected earnings battled with stress test anxiety. The Dow rose 51 points, while the S&P and Nasdaq added 0.6% and 0.4% respectively, the Wall Street Journal reports. Ford skyrocketed 19% after reporting a mere $1.4 billion—and...

Stocks, Earnings Both Mixed

MARKET Open

Apr 23, 2009 8:42 AM CDT

Stocks, Earnings Both Mixed

(Newser) - Stocks barely budged at the open, after a good quarter from Apple and a lousy one from UPS. The Dow fluctuated between gains and losses, and was recently down 13 points. The S&P and Nasdaq were similarly flat. Apple rose 3% after beating expectations with a 15% earnings jump....

Stocks Slide on Grim Earnings

MARKET Open

Apr 22, 2009 8:43 AM CDT

Stocks Slide on Grim Earnings

(Newser) - Stocks headed lower at the open today, thanks to another round of dour corporate earnings. The Dow fell 44 points, while the S&P and Nasdaq dropped 0.9% and 0.8% respectively. Morgan Stanley tumbled more than 8%, after reporting a quarterly loss, and slashing its dividend. Wells Fargo,...

Obama Could Try Some of His Vaunted Fiscal Responsibility

OPINION

Apr 21, 2009 11:10 AM CDT

Obama Could Try Some of His Vaunted Fiscal Responsibility

Administration involved in major economic gambles

(Newser) - In a recent speech at Georgetown, President Obama outlined his plans for the economy. The funny thing is, David Brooks writes in the New York Times, "he sounded like a cultural conservative." The president talked about the good old days and vowed to end fiscal irresponsibility. In short,...

Earnings Send Stocks South

MARKET Open

Apr 21, 2009 8:40 AM CDT

Earnings Send Stocks South

(Newser) - Stocks slid at the open this morning, after a rash of less-than-inspiring earnings reports from major companies. The Dow was down 30 points, as components Coca-Cola, Caterpillar, Dupont, and Merck all posted lousy first quarters. Caterpillar swung to a loss and slashed guidance, sending shares down 5%, while Dupont fell...

Stocks Slump Despite Earnings

MARKET Open

Apr 20, 2009 8:50 AM CDT

Stocks Slump Despite Earnings

(Newser) - Stocks plummeted this morning, despite what’s been a generally positive earnings season so far, the Wall Street Journal reports. The Dow sunk 178 points, while the S&P and Nasdaq were both off 2.4%. That’s in the wake of a better-than-expected quarter from Bank of America, which...

Stocks Mixed After
Citi's Good News

MARKET Open

Apr 17, 2009 8:41 AM CDT

Stocks Mixed After Citi's Good News

(Newser) - Better-than-expected earnings from GE and Citigroup barely produced a ripple in the broader market this morning, the Wall Street Journal reports. Stocks were mixed, with the Dow inching up 33 points, the Nasdaq slipping 6.42 points, and the S&P flat. Citi got a 9.5% boost off its...

JPMorgan, Nokia Lift Stocks

MARKET Open

Apr 16, 2009 8:47 AM CDT

JPMorgan, Nokia Lift Stocks

(Newser) - Stocks were modestly higher at the open today, after JPMorgan topped estimates in the first quarter and Nokia met them. The Dow inched up 31 points, while the Nasdaq and S&P rose 16.9 and 4.08 points, respectively. JPMorgan added 1.7%, while Nokia rose 12%. Traders were...

Stocks Drop on Intel Forecast

MARKET Open

Apr 15, 2009 8:57 AM CDT

Stocks Drop on Intel Forecast

(Newser) - Stocks headed lower at the open, with the Dow off 42 points, the S&P down 4.75, and the Nasdaq behind 17.58. Intel was a big loser, dropping 4% after reporting a better-than-expected 55% decline in profits, and projecting flat sales. “The ‘beat and raise’ scenario...

Stocks Slump on Retail Data

MARKET Open

Apr 14, 2009 8:48 AM CDT

Stocks Slump on Retail Data

(Newser) - Stocks fell at the open today, as a surprisingly bad retail report overshadowed a strong quarter from Goldman Sachs. The Dow fell 55 points, while the S&P and Nasdaq slid 4.3 and 14.1 points respectively. Retail sales fell 1.1% last month, while inflation fell faster than...

Banks Rally, But Dow Falls 26

MARKETS

Apr 13, 2009 3:19 PM CDT

Banks Rally, But Dow Falls 26

(Newser) - More bankruptcy rumblings from General Motors sent stocks down early today, but the blow was cushioned by good news from the financial sector, the Wall Street Journal reports. Citi and Bank of America had double-digit gains ahead of what are expected to be solid earnings reports. The Dow finished down...