stock market – News Stories About stock market - Page 146

MARKETS

May 21, 2009 3:13 PM CDT

Dow Worries Its Way Down 130

(Newser) - Markets were off today on news that credit raters might downgrade England and other countries, the Wall Street Journal reports. Though oil remained stable, the stocks of construction-related firms like Home Depot, Caterpillar, and Alcoa plunged; the price of gold surged. The Dow was off 129.91 to 8,292....

Stocks Plummet on
UK's Credit Woes

MARKET open

May 21, 2009 8:49 AM CDT

Stocks Plummet on UK's Credit Woes

(Newser) - Stocks plummeted at today’s open after Standard & Poor’s warned it might downgrade the UK’s credit rating, the Wall Street Journal reports. The Dow tumbled 126 points, while the Nasdaq and S&P each fell more than 1%. Investors now fear other major economies, including the US,...

Cramer Ain't That Bad
a Stock Picker, Actually

ANALYSIS

May 20, 2009 4:30 PM CDT

Cramer Ain't That Bad a Stock Picker, Actually

(Newser) - Jon Stewart, take note: Jim Cramer is not that bad at picking stocks, the New York Times reports. A study of Cramer’s televised market advice shows that the former hedge fund manager beat the market in 2005-07. The raw numbers from the fictional “Cramer portfolio” outperformed the S&...

Fed's Fears Push Dow Off 53

MARKETS

May 20, 2009 3:11 PM CDT

Fed's Fears Push Dow Off 53

(Newser) - Markets fell today after the Federal Reserve warned of a more prolonged recession than it previously expected, the Wall Street Journal reports. Financials and tech contributed to the plunge, which even a 6-month high in oil prices could not stop. “We’re just dealing with a stock market that...

Stocks, Oil Head Higher

MARKET Open

May 20, 2009 8:44 AM CDT

Stocks, Oil Head Higher

(Newser) - Stocks headed higher at today's open as rallying commodity prices gave traders hope about the economy. The Dow rose 65 points, while the Nasdaq rose 0.8% and the S&P 1%. Oil prices topped $60 a barrel, sending Exxon and Chevron slightly higher. Bank of America, meanwhile, rose 6%...

Housing Data Flatten Stocks

MARKET Open

May 19, 2009 8:48 AM CDT

Housing Data Flatten Stocks

(Newser) - Stocks were flat at the open today, after a disappointing housing starts report. The Dow and Nasdaq inched down 11 and 4 points respectively, while the S&P was essentially flat. Futures had pointed to a higher open, until the Commerce Department announced a greater-than-expected 12.8% dip in housing...

Stocks Start
Week on
Rebound

MARKET Open

May 18, 2009 8:49 AM CDT

Stocks Start Week on Rebound

(Newser) - Stocks headed higher at today’s open, following a week of profit-taking that left the Dow and S&P down 3.6% and 5% respectively. The Dow was up 107 points, while the Nasdaq added 1.2% and the S&P 1.4%, including a 3% surge in financials. Lowe's...

Oil, Banks Steal 63 From Dow

MARKETS

May 15, 2009 3:13 PM CDT

Oil, Banks Steal 63 From Dow

(Newser) - Markets were off today on falling oil prices and a poor showing from the financial industry, the Wall Street Journal reports. The S&P energy index fell 2.4% and Bank of America, Pfizer, and Wal-Mart also saw declines. General Motors, whose low share price no longer significantly affects markets,...

Stocks Flat, and So Is Inflation

MARKET open

May 15, 2009 8:49 AM CDT

Stocks Flat, and So Is Inflation

(Newser) - A pile of economic data couldn’t move stocks this morning. The Dow inched up 24 points, while the S&P and Nasdaq added 0.1% and 0.2%, respectively. The Consumer Price Index was unchanged for April, the Labor Department announced, though Core CPI was up 0.3%. Factory...

Tech, Banks Push Dow Up 46

MARKETS

May 14, 2009 3:16 PM CDT

Tech, Banks Push Dow Up 46

(Newser) - Markets climbed today on good performance by technology stocks and a rebound in the financial sector, the Wall Street Journal reports. A key bank index, which dipped earlier as financials sold stock to raise capital, was up almost 4%. The retail sector continued to struggle, with Wal-Mart off 1.9%....

Stocks Flat as
Jobless Ranks Grow

Market Open

May 14, 2009 8:53 AM CDT

Stocks Flat as Jobless Ranks Grow

(Newser) - Stocks crept slightly higher today, with the Dow up 22 points and the Nasdaq and S&P up 10.42 and 2.48 respectively. Wal-Mart gained 1% on an earnings report precisely in line with expectations, and Kohl’s better-than-expected number sent it up 2%. But any optimism was offset...

Dow Off 184 on Consumer Woes

MARKETS

May 13, 2009 3:09 PM CDT

Dow Off 184 on Consumer Woes

(Newser) - The ugly news on consumer spending cast a pall over Wall Street throughout today’s session, the Financial Times reports, pushing all three major indices down more than 2%. The unexpected dip in retail sales was particularly hard on retailers Target, Lowe’s, and Office Depot. The Dow finished off...

Stocks Hit Sales Record
in Recovery Harbinger

ANALYSIS

May 13, 2009 10:00 AM CDT

Stocks Hit Sales Record in Recovery Harbinger

(Newser) - May has already been the busiest month ever in new share offers from publicly traded companies, the Wall Street Journal reports. The $54.9 billion in sales this year put the market at a level of activity not seen since 2000. “It’s an indication that the healing process...

Stocks Plunge
as Retail Sales
Disappoint

MARKET Open

May 13, 2009 8:49 AM CDT

Stocks Plunge as Retail Sales Disappoint

(Newser) - Stocks sunk swiftly at the open after disappointing sales reports from retailers. The Dow tumbled 160 points, while the Nasdaq and S&P fell 1.5% and 2.1% respectively. Retail sales were down a more-than-expected 0.4% in April, from a revised-downward 1.3% drop in March. RealtyTrac also...

This Rally Is for Suckers, Courtesy of the Fed

OPINION

May 12, 2009 9:37 AM CDT

This Rally Is for Suckers, Courtesy of the Fed

(Newser) - The Dow has soared a whopping 30% since March 9, but Andy Kessler doesn’t think the good times are here again. “This sure smells to me like a sucker’s rally,” he writes in the Wall Street Journal. Earnings aren’t up. The market is just responding...

Stocks Flat in Bull/Bear Standoff

MARKET Open

May 12, 2009 8:49 AM CDT

Stocks Flat in Bull/Bear Standoff

(Newser) - Stocks ran in place this morning, as bulls and bears debated whether the market could keep the good times flowing. The Dow rose 20 points while the S&P and Nasdaq barely budged. Markets plunged yesterday as banks issued new stock offerings. Ford announced another such offer today, and saw...

GOP Rep. Says Obama Wants You Unemployed

May 12, 2009 7:48 AM CDT

GOP Rep. Says Obama Wants You Unemployed

Dems chuckle at Pete Sessions' 'bizarre conspiracy theory'

(Newser) - Democrats leapt all over GOP Rep. Pete Sessions yesterday for the "bizarre conspiracy theory" the veteran Texas congressman expressed to the New York Times in an interview over the weekend. Sessions told the Times President Obama actually wanted to "diminish employment and diminish stock prices" in a "...

Ford Sells Shares to Raise Cash

May 12, 2009 7:09 AM CDT

Ford Sells Shares to Raise Cash

(Newser) - Eager to shore up its cash reserves, stave off bankruptcy, and further distance itself from its struggling rivals, Ford Motor Co. will offer 300 million shares in a public offering this week, the Wall Street Journal reports. Ford thinks the offering will raise investor confidence, bringing in buyers who’ve...

Banks to Sell Stock to
Repay TARP

May 11, 2009 11:43 AM CDT

Banks to Sell Stock to Repay TARP

(Newser) - Hoping to take advantage of the up market, Capital One, US Bancorp, and a handful of other financial institutions are planning to sell a combined $7 billion worth of stock, the Wall Street Journal reports. Some of the resulting funds would be used to repay TARP money, getting the banks...

Stocks, Commodities Plunge

MARKET Open

May 11, 2009 8:57 AM CDT

Stocks, Commodities Plunge

(Newser) - Stocks plunged at the open, as banks sold shares to raise capital, and consumer and commodity stocks took a pounding, the Wall Street Journal reports. The Dow was down 140, the Nasdaq down 1.8% and the S&P off 2.1. Oil producers were hit hard as crude fell...