stock market – News Stories About stock market - Page 145

MARKET Open

Jun 8, 2009 8:58 AM CDT

Stocks Drop as Yields Rise

(Newser) - Stocks sunk at the open today, as traders demanded and got higher yields on government debt. The Dow tumbled 73% points, while the Nasdaq fell 1%, the S&P dropped 0.8%, and commodities retreated. The yield on 10-year Treasury notes, by contrast, moved up to 3.85%. Apple, meanwhile,...

Stocks Jump on Job Report

MARKET Open

Jun 5, 2009 8:46 AM CDT

Stocks Jump on Job Report

(Newser) - Stocks jumped out of the gate this morning after a better-than-expected job report. The Dow rose 76 points, while the S&P and Nasdaq added 0.9% and 0.8%, respectively. The US lost 345,000 jobs in May, a far cry from the 525,000 economists had predicted. Citigroup...

Dow Up 75 on Jobless Data

MARKETS

Jun 4, 2009 3:11 PM CDT

Dow Up 75 on Jobless Data

(Newser) - Markets edged up today on good unemployment claims and productivity data, the Wall Street Journal reports. But traders appear to be holding out for tomorrow’s employment report, and the rising price of oil continues to worry. “We have to hope it doesn't go to $80,” one trader...

Stocks Up on Positive Job Data

MARKET Open

Jun 4, 2009 8:49 AM CDT

Stocks Up on Positive Job Data

(Newser) - Stocks inched higher this morning as investors chewed on retailer and jobs data. The Dow added 17 points while the Nasdaq and S&P rose 9.03 and 3.17 points respectively. Jobless claims took a rare step in the right direction last week, with ongoing claims dropping for the...

US Oil Surplus Puts Dow Off 65

MARKETS

Jun 3, 2009 3:12 PM CDT

US Oil Surplus Puts Dow Off 65

(Newser) - Reports of greater-than-expected US oil reserves sent crude prices and markets tumbling today, the Wall Street Journal notes. The manufacturing sector fell, and the Dow’s energy component was off 4.1%. “People are looking at the inventory report today as a really good chance to take some money...

Dow Adds 19 on Housing News

MARKETS

Jun 2, 2009 3:14 PM CDT

Dow Adds 19 on Housing News

(Newser) - Good news from the housing sector outweighed bank troubles today for Wall Street, the Journal reports. Manufacturer Alcoa tacked on 6%, and a housing-industry group said sales in April made the biggest jump in 8 years. Financials fell after more banks announced plans to pay back TARP loans through stock...

Stocks Flat After Big Rally

MARKET Open

Jun 2, 2009 8:52 AM CDT

Stocks Flat After Big Rally

(Newser) - Stocks were essentially flat at today's open on the heels of yesterday’s huge rally. The Dow inched down 15 points, while the Nasdaq and S&P fell 0.5% and 0.3%, respectively. Commodity prices were backing off, though oil still hovered around $68 a barrel. Financials were mixed,...

Dow Jumps 221 on GM Filing

MARKETS

Jun 1, 2009 3:12 PM CDT

Dow Jumps 221 on GM Filing

(Newser) - Stocks surged today on positive data about personal income, manufacturing, and the long-awaited announcement of General Motors’ bankruptcy. “There is a positive, relief reaction to this filing,” one analyst told the Wall Street Journal. “It’s been hanging over all of our heads.” Energy and construction...

Dow Boots GM, Citi;
Travelers, Cisco
Take Spots

Jun 1, 2009 9:30 AM CDT

Dow Boots GM, Citi; Travelers, Cisco Take Spots

Overhauls drive firms off Industrial Average, says editor

(Newser) - General Motors and Citigroup are losing their spots on the Dow Jones Industrial Average after GM filed for bankruptcy, MarketWatch reports. Replacing them are Cisco Systems and The Travelers Companies. “A bankruptcy filing immediately disqualifies a stock regardless of a company's history or its role as a cultural icon,...

Stocks Up Despite GM Filing

MARKET Open

Jun 1, 2009 8:54 AM CDT

Stocks Up Despite GM Filing

(Newser) - Stocks shot higher at the open this morning, as rising oil prices and strong manufacturing data from China outweighed news of GM's bankruptcy. The Dow rose 102 points; as of next Monday, the index will no longer include GM and Citigroup. The Nasdaq and S&P were each up 1....

Oil, Transport Send Dow Up 97

MARKETS

May 29, 2009 3:16 PM CDT

Oil, Transport Send Dow Up 97

(Newser) - Markets tacked on solid gains today, with the Dow and S&P 500 up for a third consecutive month, the Wall Street Journal reports. Oil was up to a 6-month-high, as were transport stocks on hopes of orders. “There are signs things are being transported,” a manager said....

Stocks Look to End Month Up

MARKET Open

May 29, 2009 8:52 AM CDT

Stocks Look to End Month Up

(Newser) - Stocks were modestly higher at the open, as stocks looked to close out the best three-month run they’ve had since 2007. The Dow rose 39 points, while the Nasdaq and S&P were each up 0.5%, reports the Wall Street Journal. For the month, the Dow is up...

Dow Flips on T-Notes, Adds 104

MARKETS

May 28, 2009 3:14 PM CDT

Dow Flips on T-Notes, Adds 104

(Newser) - A well-received auction of Treasury notes and a jump in the price of crude oil pushed markets up today, the Wall Street Journal reports. “There was some real fear coming into this,” a strategist said of yesterday’s worries about government debt. “Clear-cut case of sell on...

GM, Bondholders Strike
Sweetened Deal

May 28, 2009 9:31 AM CDT

GM, Bondholders Strike Sweetened Deal

(Newser) - Trading of GM shares was briefly halted today after a committee of its bondholders accepted a sweetened version of the debt-for-equity deal, CNBC reports. The deal may not stop a GM bankruptcy, but would smooth the process. Under the deal, bondholders will go along with GM’s plan to sell...

Stocks Up on Jobs, Durables

MARKET open

May 28, 2009 8:45 AM CDT

Stocks Up on Jobs, Durables

(Newser) - Stocks headed higher at the open today, after a pair of promising economic reports. The Dow added 75 points, while the Nasdaq and S&P rose 1.1% and 1% respectively. Durable goods orders rose 1.9% last month, and new jobless claims fell 13,000 last week; both numbers...

T-Note Surge Puts Dow Off 173

MARKETS

May 27, 2009 3:11 PM CDT

T-Note Surge Puts Dow Off 173

(Newser) - A Treasury note bump and continued skittishness about the US economy sent stocks down today, the Wall Street Journal reports. “Yesterday, everyone was happy about the consumer,” one strategist said. “Now people are wondering about the flip side: What happens if consumption gets out of hand?” The...

OpenTable Brings (False) Hope for IPOs

Analysis

May 27, 2009 1:21 PM CDT

OpenTable Brings (False) Hope for IPOs

Great company creates an old-school frenzy, but it's a one-time deal

(Newser) - A hot website goes public, and investors go wild. Shares soar 59% on the first day of trading. “Is this really May 2009?” asks James B. Stewart of SmartMoney. The stock is OpenTable.com, which went public at $20 and is trading just south of $27. "The company...

Stocks Run In Place

MARKET Open

May 27, 2009 8:44 AM CDT

Stocks Run In Place

(Newser) - Stocks barely budged at the open today, with the Dow down less than 20 points, the Nasdaq down 0.4% and the S&P flat. General Motors sunk 17% on news of its near-certain bankruptcy, as did its parts suppliers. Bank of America, meanwhile, saw shares rise more than 4%....

Stocks Down on
Housing Data

MARKET Open

May 26, 2009 8:48 AM CDT

Stocks Down on Housing Data

(Newser) - A bad Case-Shiller number helped push stocks lower at the open, with the Dow down 37 points, and the Nasdaq and S&P down 0.4% and 0.5% respectively. Home prices fell more than 10% year-over-year in 15 of the 20 major metropolitan areas monitored by the Case-Shiller index,...

Stocks Flat Ahead of Holiday

MARKET open

May 22, 2009 8:48 AM CDT

Stocks Flat Ahead of Holiday

(Newser) - Stocks got a small bounce at the open after yesterday’s 130-point selloff, the Wall Street Journal reports. The major indexes gave back minor gains this morning, to trade mostly flat. Volume is expected to be low and volatility high ahead of the three-day Memorial Day weekend. AIG was down...