S&P 500 – News Stories About S&P 500 - Page 62

MARKET Open

Feb 11, 2009 8:47 AM CST

Stocks Rebound Slightly

From yesterday's massacre

(Newser) - Stocks limped higher today, with the Dow up 75 points after yesterday’s 382 point massacre. A 2.9% financial sector rally led the S&P 0.8% higher, but unease remains over the lack of details in Timothy Geithner’s new economic rescue plan. The Nasdaq, meanwhile, inched up...

Dow Plunges 382 Points

MARKETS

Feb 10, 2009 3:14 PM CST

Dow Plunges 382 Points

Geithner's rescue plan lacks sufficient detail to reassure investors

(Newser) - Stocks plummeted today as investors found Timothy Geithner’s description of the bank rescue plan too broad to spur a revival in financial stocks, MarketWatch reports. Analysts criticized Geithner’s announcement for failing to sufficiently describe the role of private capital in the rescue. Citigroup and Bank of America both...

Stocks Slip on Bailout Jitters

MARKET Open

Feb 10, 2009 8:53 AM CST

Stocks Slip on Bailout Jitters

(Newser) - Stocks took a dip at the open today, as investors awaited news on how the remaining $350 billion of the $700 billion bank rescue will be spent. The Dow shed 56 points, while the Nasdaq and S&P inched down 0.2% and 0.7%, respectively. GM’s shares were...

Indexes Mixed, Dow Drops 10

MARKETS

Feb 9, 2009 3:16 PM CST

Indexes Mixed, Dow Drops 10

All eyes are on Treasury's bank plan

(Newser) - Markets were mixed today as the delayed White House bank bailout plan left investors with little to go on, MarketWatch reports. Still, some financials soared, with Bank of America up 11.28% and insurers Hartford and Genworth Financial up at least 14%. The Dow fell 9.96 points to close...

Stocks Down on Bailout Delay

MARKET Open

Feb 9, 2009 8:41 AM CST

Stocks Down on Bailout Delay

(Newser) - Stocks slid at the open, after Timothy Geithner pushed back the announcement of his much-anticipated bank rescue plan until tomorrow. The Dow dropped 40 points, while the Nasdaq and S&P barely budged, falling 0.6% and 0.4% each. But financial stocks actually rose, with Bank of America, Citigroup,...

Stimulus Hope Lifts Dow 217

MARKETS

Feb 6, 2009 3:21 PM CST

Stimulus Hope Lifts Dow 217

Market shrugs off 7.6% unemployment

(Newser) - Stocks rallied today as investors anticipated quick action on a stimulus package, MarketWatch reports. Unemployment for January was 7.6%, but investors are betting the frightening figure will spur Congress to expedite the bill. The Dow rose 217.52 to close at 8,280.59. The Nasdaq gained 45.47...

Stocks Up Despite Job Plunge

MARKET Open

Feb 6, 2009 8:47 AM CST

Stocks Up Despite Job Plunge

(Newser) - Stocks shot up at the bell, despite a grisly nonfarm payrolls report, as investors bet on a stimulus package boost. The Dow climbed 100 points, while the S&P and Nasdaq each gained about 1.4%. Unemployment hit 7.6% after a grim January, the Labor Department announced today. But...

Dow Up 106; Hope for a Bottom

MARKETS

Feb 5, 2009 3:18 PM CST

Dow Up 106; Hope for a Bottom

MasterCard's success boosts financials

(Newser) - Stocks rebounded after initially falling lower today, as investors snapped up bargains from depressed equities, MarketWatch reports. MasterCard led advances with a 14% gain after beating profit estimates. Wal-Mart was another strong performer, rising 4.33% on strong January sales. The Dow closed up 106.41 at 8,063.07....

Stocks Fall on Retail, Job Data

MARKET Open

Feb 5, 2009 8:52 AM CST

Stocks Fall on Retail, Job Data

(Newser) - Stocks slid at the open today, following yet more negative numbers from retailers and the Labor Department, the Wall Street Journal reports. The Dow dropped 52 points, while the S&P fell 1%. The Nasdaq dropped 1.2%, weighed down by sub-par earnings from Cisco. New jobless claims ripped past...

Retail Drives Dow Down 122

MARKETS

Feb 4, 2009 3:15 PM CST

Retail Drives Dow Down 122

Bank of America continues fall as government fix remains unclear

(Newser) - The stock market saw losses today as ugly earnings reports and continued uncertainty over the banking sector soured investor confidence, the Wall Street Journal reports. Bank of America, off 10.6%, was that sector’s big casualty; a grim forecast pushed Costco down 6.8%. The Dow fell 121.70...

Dow Ticks Up Despite Job Woes

MARKET Open

Feb 4, 2009 9:13 AM CST

Dow Ticks Up Despite Job Woes

522K lost last month, fewer than analysts predicted

(Newser) - Stocks were mixed at today’s open after a report estimating that 522,000 private-sector jobs were lost last month, the Wall Street Journal notes. The Dow started down but was recently up 41 points, while the S&P 500 and Nasdaq were marginally higher. Dragging on the Dow were...

Dow Rebounds, Rises 142

MARKETS

Feb 3, 2009 3:13 PM CST

Dow Rebounds, Rises 142

Banks still feel pain ahead of next bailout

(Newser) - Stocks bounced back in the wake of yesterday’s sell-off, with news of a rise in December existing-home sales feeding optimism, the Wall Street Journal reports. Merck continued to rise after reporting a quarterly profit, closing up 7.7% and boosting other pharmaceuticals. The Dow closed up 141.53 points...

Stocks Up After Testing Lows

MARKET Open

Feb 3, 2009 8:55 AM CST

Stocks Up After Testing Lows

Dow moves back toward 8,000 in early trading

(Newser) - Stocks took a modest bounce at the open, after a Monday session that left the Dow near its bear-market lows, the Wall Street Journal reports. The Dow climbed 20 points to 7,958, while the S&P and Nasdaq inched up fractionally. In individual stocks, Motorola plunged 8.6% after...

Stocks Mixed, Dow Down 64

MARKETS

Feb 2, 2009 3:06 PM CST

Stocks Mixed, Dow Down 64

Banks, manufacturing weigh on blue-chip index

(Newser) - Stocks ended mixed today amid a slew of reports of declining earnings and slashed forecasts, the Wall Street Journal reports. Bank shares and manufacturers like Boeing, 3M, and GM led the Dow’s decliners, pushing the index down 64.11 to close at 7,936.75. Tech stocks saw modest...

Stocks Follow Europe Down

MARKET Open

Feb 2, 2009 8:49 AM CST

Stocks Follow Europe Down

Dow dives 110 on heels of big declines overseas

(Newser) - US stocks fell at today’s open, tracking big declines overseas, the Wall Street Journal reports. The Dow was off 110 points, while the S&P and Nasdaq fell 1.2% and 0.9% respectively. Among the big losers were Bank of America, down 7%, and Citigroup, down 6.5%,...

Dow Off 149,
Down 8.8% for Month

MARKETS

Jan 30, 2009 3:18 PM CST

Dow Off 149, Down 8.8% for Month

GDP report ends month of layoffs, losses

(Newser) - Stocks extended losses today off the news of a 3.8% decline in US GDP for the fourth quarter, ending a turbulent month, MarketWatch reports. The report capped a week of widespread layoffs and poor earnings at major US firms. Amazon.com was a rare exception, up 18% on strong...

Stocks Flat After GDP Sinks

MARKET Open

Jan 30, 2009 8:43 AM CST

Stocks Flat After GDP Sinks

(Newser) - Stocks shrugged their shoulders at the open, unsure what to make of a grim, but better-than-expected GDP report. The Dow rose 31 points, while the S&P inched up 4.6 points, and the Nasdaq climbed 15. GDP shrunk 3.8% in the fourth quarter, the biggest contraction in 26...

226-Point Sell-Off Erases Rally

MARKETS

Jan 29, 2009 3:07 PM CST

226-Point Sell-Off Erases Rally

Nervousness builds ahead of January job report

(Newser) - Widespread layoffs and poor housing data spurred a sell-off in stocks that saw the Dow give back yesterday’s gains and more, MarketWatch reports. Weekly jobless claims rose 159,000 and new layoffs were announced at Allstate and Eastman Kodak, stoking fear ahead of next Friday’s January employment report....

Stocks Retreat After Rally

MARKET Open

Jan 29, 2009 8:44 AM CST

Stocks Retreat After Rally

(Newser) - Stocks sank at the open today as investors cashed in after yesterday’s rally. The Dow lost 90 points, while the Nasdaq and S&P both dipped 1.4%. The day’s economic data was negative as usual: Continuing jobless claims rose 159,000, orders for durable goods dropped 2....

Dow Up 201 on Fed News

MARKETS

Jan 28, 2009 3:10 PM CST

Dow Up 201 on Fed News

Obama plan for 'bad bank' inspires confidence

(Newser) - The Fed’s announcement today that it will keep target rates near zero sustained a rally led by financials, the Wall Street Journal reports. Financials continued to rise off the Obama administration’s plan to create a “bad bank” to buy toxic assets, with the Financial Select Sector Fund,...