stock market – News Stories About stock market - Page 148

MARKET Open

Apr 13, 2009 8:44 AM CDT

No Easter Cheer for Stocks

(Newser) - Stock opened lower this morning as investors braced themselves for another round of earnings. The Dow fell 80 points, while the Nasdaq and S&P declined 9.69 and 7.87 points respectively. GM shares plummeted 11% on a report that the Treasury had told it to lay the groundwork...

Goldman Mulls Stock
Offering to Repay Feds

Apr 10, 2009 6:54 AM CDT

Goldman Mulls Stock Offering to Repay Feds

Hopes to repay $10B government loan

(Newser) - Hoping to pay off a $10 billion government loan, Goldman Sachs may take advantage of a rising market to make a multibillion-dollar new stock offering, the Wall Street Journal reports. Employees, investors, and executives all like the idea of cutting the government’s role in the firm, which has held...

Turnaround? Don't Get
Too Giddy Just Yet

Apr 10, 2009 6:39 AM CDT

Turnaround? Don't Get Too Giddy Just Yet

Further decline still possible, they warn

(Newser) - Signs of an economic recovery seem to be sprouting all around, but plenty of skeptics warn against starting the celebration too early, reports the New York Times. Wall Street has been on the upswing the last two months as the credit market begins to thaw and low interest rates aid...

Wells Fargo Lifts Stocks

MARKET Open

Apr 9, 2009 8:45 AM CDT

Wells Fargo Lifts Stocks

(Newser) - Stocks soared at the open today, thanks to Wells Fargo’s announcement that it expects record first-quarter earnings, the Wall Street Journal reports. The Dow climbed 150 points, while the Nasdaq added 1.8% and the S&P jumped 2.3%. Wells Fargo was up more than 20%. A sterling...

Earnings Outlook
Spooks Investors

Market Open

Apr 7, 2009 8:47 AM CDT

Earnings Outlook Spooks Investors

(Newser) - Investors headed for the hills this morning, ahead of a potentially grim earnings season. The Dow tumbled 141 points, while the S&P sunk 2% and Nasdaq 1.6%. As usual, Alcoa will be the first blue chip to report, with results expected by the close today. Its shares fell...

Stocks Slide Ahead of Earnings

MARKET Open

Apr 6, 2009 8:57 AM CDT

Stocks Slide Ahead of Earnings

(Newser) - Stocks turned south this morning, as a series of downgrades and bad news for the Sun/IBM deal spooked investors ahead of earnings season, the Wall Street Journal reports. The Dow dropped 92, the S&P 12. Financials sank after a veteran analyst downgraded 11 major US banks. The Nasdaq fell...

Bears Lurk in
Markets' Bounce: Analysts

Apr 3, 2009 4:58 PM CDT

Bears Lurk in Markets' Bounce: Analysts

(Newser) - The ongoing rally in global financial markets could be setting investors up for another crash, analysts tell the Financial Times, warning that it could be a so-called “bear market bounce.” The fact that financial stocks, which took a beating as markets tumbled, are leading the uptick is particularly...

Stocks Flat After Jobs Data

MARKETs open

Apr 3, 2009 8:48 AM CDT

Stocks Flat After Jobs Data

(Newser) - Stocks ran out of gas at the open today, as investors digested a grim jobs report. The Dow and S&P were essentially flat, the Wall Street Journal reports, while the Nasdaq inched higher, on strong earnings from Research in Motion. The BlackBerry maker posted a 26% gain in earnings...

Dow Up 270 on G20 Hopes

MARKET Update

Apr 2, 2009 8:55 AM CDT

Dow Up 270 on G20 Hopes

(Newser) - Stocks shot higher this morning, as the G20 conference and a European Central Bank interest rate cut spurred optimism. The Dow was recently up 271 points, while the S&P and Nasdaq have each climbed more than 3.5%. Financials got a boost, as investors bet on a relaxing of...

Stocks Dive on Jobs Report

MARKET Open

Apr 1, 2009 8:42 AM CDT

Stocks Dive on Jobs Report

(Newser) - A worse-than-expected jobs report sent stocks tumbling at the open today. The Dow careened down 125 points, while the S&P and Nasdaq sunk 1.8% and 1.9%, respectively. The private sector lost 742,000 jobs in March, according to a new ADP report. Investors were also nervous about...

Stocks Rebound
on Q1's Last Day

Market Open

Mar 31, 2009 8:45 AM CDT

Stocks Rebound on Q1's Last Day

(Newser) - Stocks tried to end the quarter on a positive note this morning, taking back some of what they lost in yesterday’s sell-off. The Dow added 75 points, while the Nasdaq and S&P were up 1% and 1.4% respectively. GM wasn’t in on the rally though; its...

Dow Drops Nearly 300
on Auto Bailout News

MARKET update

Mar 30, 2009 8:46 AM CDT

Dow Drops Nearly 300 on Auto Bailout News

(Newser) - Stocks hit the brakes hard this morning, after the Obama administration’s auto task force panned GM and Chrysler’s proposed reconstruction plans. The Dow was down 298 points by late morning, while the S&P and Nasdaq had tumbled 59 and 31 points respectively. GM plummeted 25%, falling below...

Stocks Pull Back

MARKET open

Mar 27, 2009 8:49 AM CDT

Stocks Pull Back

(Newser) - Stocks gave back much of yesterday’s gains at the open, with the Dow tumbling 125 points, while the S&P and Nasdaq lost 1.8% and 1.7%, the Wall Street Journal reports. Investors are focusing on today’s meeting between banking executives and President Obama, sending bank shares...

This Rally May Be the Real Deal

OPINION

Mar 26, 2009 9:07 AM CDT

This Rally May Be the Real Deal

Positive indicators, better policy, historical benchmarks; the time is right for a bottom

(Newser) - The tentative rally on Wall Street is reason enough for one economist to feel hopeful: "I’m ready to take another shot at calling the bottom," writes Michael Mandel in BusinessWeek. Since (apparently) bottoming out March 9, stocks have risen 20%, and the reasons behind the climb are...

Stocks Keep Rally Going

MARKET Open

Mar 26, 2009 8:48 AM CDT

Stocks Keep Rally Going

(Newser) - Stocks headed higher at the open, as bulls bet that this rally will last. The Dow rose 95 points, powered by a 10% gain for GM, while the S&P and Nasdaq added 1.5% and 2%, respectively. That came despite some negative economic news: Initial jobless claims rose 8,...

Stocks Up on Durables Report

Market Open

Mar 25, 2009 8:45 AM CDT

Stocks Up on Durables Report

(Newser) - Stocks switched back into climbing mode this morning, after a better-than-expected durable goods report. The Dow rose 76 points, bolstered by GE's 4% surge, while the Nasdaq and S&P each gained about 1%. Durable goods orders rose 3.4% in February, defying analyst expectations of a 2% decline. But...

Stocks Pull Back Off Huge Rally

Market Open

Mar 24, 2009 8:44 AM CDT

Stocks Pull Back Off Huge Rally

(Newser) - Stocks pulled back this morning off yesterday’s heady rally. The Dow sank 77 points, after skyrocketing nearly 500 points in yesterday’s session. The S&P and Nasdaq dropped 1.3% and 1.4% respectively. AIG was the big story, with Timothy Geithner and Ben Bernanke set to testify...

Stocks Soar 300+
on Geithner Plan

UPDATED

Mar 23, 2009 8:51 AM CDT

Stocks Soar 300+ on Geithner Plan

(Newser) - Stocks sprinted out of the gates today, the Wall Street Journal reports, spurred by the Treasury’s long-awaited toxic asset plan. The Dow was up 316 just after noon, while the Nasdaq and S&P 500 added 4.1% and 4.5%, respectively. Banking stocks were the biggest winners, with...

Stocks Inch Up; Volatility Likely

MARKET oPEN

Mar 20, 2009 8:44 AM CDT

Stocks Inch Up; Volatility Likely

(Newser) - Stocks advanced by inches this morning, as investors remained cautious about the Federal Reserve’s latest recovery moves, the Wall Street Journal reports. The Dow rose 25 points, while the Nasdaq rose 0.5% and the S&P crawled up 0.2%. But that calm probably won’t last long—...

Dow Drops 86 on Financials

MARKETS

Mar 19, 2009 3:23 PM CDT

Dow Drops 86 on Financials

(Newser) - Financial stocks led declines today as the boost from the Fed’s announcement of new plans to lower lending costs faded, the Wall Street Journal reports. Citigroup and Bank of America shares both fell at least 10%, giving back recent gains. Crude oil rallied to $50.80 a barrel, the...