stock market – News Stories About stock market - Page 149

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...

Stocks Head Higher on Job Data

MARKET Open

Mar 19, 2009 8:40 AM CDT

Stocks Head Higher on Job Data

(Newser) - Stocks headed slightly higher at the open, as commodities rallied and investors cheered better-than-expected jobless claims numbers. The Dow rose 31 points, and the S&P and Nasdaq were up 0.9% and 0.8% respectively. Initial jobless claims fell 12,000 last week, though the four-week moving average rose...

Stock Rally Screeches to Halt

MARKET Open

Mar 18, 2009 8:42 AM CDT

Stock Rally Screeches to Halt

(Newser) - Stocks took a turn for the worse at the open today, heading south after yesterday’s rally. The Dow fell 67 points, while the S&P declined 0.8%. The Nasdaq fell 0.5%, but component Sun Microsystems soared 65% on news IBM might acquire it. Investors are anxiously awaiting...

Stocks Wave Off Housing Surge

MARKET Open

Mar 17, 2009 8:50 AM CDT

Stocks Wave Off Housing Surge

(Newser) - Stocks settled into a holding pattern at the open today, as optimism over a rosy housing report was tempered by a dividend cut from Alcoa. Stocks vacillated between gains and losses, with the Dow recently down 28, while the S&P fell about 2 points and the Nasdaq rose 5....

Stocks Keep Climbing, Up 70

MARKET Open

Mar 16, 2009 8:41 AM CDT

Stocks Keep Climbing, Up 70

(Newser) - Stocks kept up their steady climb at the open, building on last week’s 9% rally. The Dow was up 70 points in early trading, while the S&P added 1.2% and the Nasdaq a more modest 0.5%. Those gains followed nice rallies overseas, with the Nikkei up...

Forget Jon's Rage: Analyze the Market

OPINION

Mar 14, 2009 3:34 PM CDT

Forget Jon's Rage: Analyze the Market

Stewart's attack on Cramer aside, stocks can give good returns

(Newser) - Hammering Jim Cramer on TV the other night, Jon Stewart bemoaned the fate of his 75-year-old mother: “She bought into the idea that long-term investing is the way to go. And guess what?” Cramer replied, “It didn’t work.” And for many Americans, that was the...

Stocks Steady at Open

MARKET Open

Mar 13, 2009 8:44 AM CDT

Stocks Steady at Open

(Newser) - It was another calm open for stocks, with the major indices building ever so slightly on three days of positive movement, the Wall Street Journal reports. The Dow is up 55 points, while the S&P inched up 0.5%, and the Nasdaq slipped down 0.1%. The Dow is...

18% of US Wealth
Up in Smoke Last Year

Mar 13, 2009 6:36 AM CDT

18% of US Wealth Up in Smoke Last Year

Fed figures show $11 trillion was wiped out Americans' net worth last year

(Newser) - Last year's stock market and housing slumps wiped out nearly a fifth of the wealth of American families, the Wall Street Journal reports. The Federal Reserve announced yesterday that $11 trillion—more than the output of Britain, Germany and combined—was erased from the net worth of households in 2008,...

US Household Wealth
Falls Record $5.1T

Mar 12, 2009 2:19 PM CDT

US Household Wealth Falls Record $5.1T

Combined five-quarter drop is nearly as big as US GDP for 2008

(Newser) - The wealth of US households fell at a record pace in the last quarter of 2008, as drops in home values and stock prices accelerated, Bloomberg reports. Net worth for households and non-profits fell $5.1 trillion to $51.5 trillion, nearly twice the decline between the second and third...

Madoff Case Likely to Sour Boomers on Stocks

ANALYSIS

Mar 12, 2009 1:47 PM CDT

Madoff Case Likely to Sour Boomers on Stocks

Fraud is final straw after terrible performance, analysts say

(Newser) - With Bernard Madoff’s long, fraudulent story drawing to a close, stock-market analysts look to the larger effect the $50 billion Ponzi scheme will have on equities, Kate Gibson writes for MarketWatch. Combined with the dismal performance in stocks over the last year, experts say Madoff’s deception has probably...

Stocks Tread Water

MARKET Open

Mar 12, 2009 8:38 AM CDT

Stocks Tread Water

(Newser) - Stocks murmured softly at today's open, barely moving off yesterday’s numbers. The Dow fell 19 points, while the Nasdaq and S&P were essentially flat. GE was on the rise after S&P cut its credit rating less than expected, from AAA to AA+. Investors were also mulling a...

Smokes, Beer
Worth More
Than Stock

Mar 11, 2009 6:48 PM CDT

Smokes, Beer Worth More Than Stock

Whole Foods shares worth less than a pound of scallops in their stores

(Newser) - Why settle for the goods when you can get the factory—or a piece of it—instead? Gawker finds more companies whose shares are worth less than products they sell:

Have dreams of owning a brewery? Scoop up an Anheuser-Busch share ($20.16) for less than one Bud Light case.

...

Stocks Lose Momentum

MARKET Open

Mar 11, 2009 8:49 AM CDT

Stocks Lose Momentum

(Newser) - Stocks fell ever so slightly at today's open, defying futures that had shown yesterday’s big rally continuing. The Dow inched down 20 points, while the S&P and Nasdaq were essentially flat. But financials were still moving and shaking, with Citigroup adding 13% and Bank of America up 5%,...

Market Bounces 300+
on Bernanke, Citi News

MARKETS

Mar 10, 2009 11:16 AM CDT

Market Bounces 300+ on Bernanke, Citi News

Citi leads way as Bernanke comments give boost

(Newser) - The Dow surged more than 300 points this morning, as investors welcomed news from Citigroup CEO Vikram Pandit that his bank had shown a profit the first two months of this year, and optimistic comments from Fed chairman Ben Bernanke. The Dow had risen 312 points by noon, led by...

Stocks Head for Rebound

MARKET Open

Mar 10, 2009 8:52 AM CDT

Stocks Head for Rebound

(Newser) - Stocks jumped out of the gate this morning, after a tech-driven sell-off yesterday that brought indexes to new bear market lows. The Dow rose 140 points, with Alcoa up 8% and GE up more than 10%. The S&P and Nasdaq soared 2.3% and 2% respectively. Financials were among...

Stocks Dip Again

MARKET Open

Mar 9, 2009 8:54 AM CDT

Stocks Dip Again

(Newser) - After four consecutive weeks of losses, stocks headed south yet again today, with the Dow down 40 points, and the S&P and Nasdaq sliding 0.5% and 0.2% respectively in early trading, the Wall Street Journal reports. The pessimism comes after the World Bank said that the global...

Dow Will Hit 36,000, Er, Sometime

Mar 8, 2009 5:54 AM CDT

Dow Will Hit 36,000, Er, Sometime

'I just can't tell you when,' says Dow 36,000 author

(Newser) - The author of the book Dow 36,000—which predicted massive stock market growth—still believes the market will hit that astronomically high number—but he's not saying when. OK, maybe a "calmer title might have been better," for his 1999 tome, James K. Glassman conceded in a...