stock market

Stories 2921 - 2940 | << Prev   Next >>

Investors Rush Back Into Risky Emerging Markets

After a season of defensive investing, money flows to developing economies

(Newser) - The economic slump may not be over, but investors are piling on risk in emerging markets, driving up stocks in developing nations as they seek the large rebounds that will accompany a global turnaround, the Wall Street Journal reports. The week ending May 6 saw some $4 billion flow to...

Don't Celebrate Yet, Stock Market
 Don't Celebrate Yet, 
 Stock Market 
OPINION

Don't Celebrate Yet, Stock Market

(Newser) - Don’t get too excited by the stock market’s recent rally. Stocks may go up another 10%-20% this year, says analyst Jeremy Grantham, but after that the market will crash again, and stay that way for years. “We've lost our shirts and we feel poor,” explains Henry...

Stocks Shrug Off Job Report
 Stocks Shrug Off Job Report 
MARKET Open

Stocks Shrug Off Job Report

(Newser) - Stocks jumped out of the gate this morning, untroubled by the latest job report. The Dow was up 99 points, while the S&P and Nasdaq rose 1% and 1.2%, respectively. The economy lost 539,000 jobs last month, sending unemployment to 8.9%, according to the Labor Department’...

Stocks Up on Sunny Jobs Data
 Stocks Up on Sunny Jobs Data 
Market Open

Stocks Up on Sunny Jobs Data

(Newser) - Stocks were up again this morning, after promising unemployment numbers, the Wall Street Journal reports. The Dow rose 53 points, while the Nasdaq and S&P advanced 0.5% and 1% respectively. Wal-Mart reported a strong quarter, pulling retail stocks higher, while banks shot up ahead of stress test results....

Stocks Climb on ADP Report
 Stocks Climb on ADP Report 
MARKET Open

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
 Brokers Bail on Wall Street 

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
 Stocks Flat After Big Rally 
MARKET Open

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
 Stocks Inch Higher 
 as Reports Loom 
MARKET Open

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
 Stocks Flat After Strong April 
MARKET Open

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
 Earnings Send Stocks Higher 
MARKET Open

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
 Stocks Up, Despite GDP Plunge
Market Open

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
 Banks Give Stocks the Flu 
MARKET Open

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
 Stocks Sink on Swine Flu Panic 
MARKET Open

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
 Stocks Edge Higher  
Market Open

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
 Stocks, Earnings Both Mixed 
MARKET Open

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
 Stocks Slide on Grim Earnings 
MARKET Open

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

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
 Earnings Send Stocks South 
MARKET Open

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
 Stocks Slump Despite Earnings 
MARKET Open

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
 Stocks Mixed After 
 Citi's Good News 
MARKET Open

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...

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