S&P 500

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Dow Sinks 514 on Bad Earnings
 Dow Sinks 514 on Bad Earnings 
MARKETS

Dow Sinks 514 on Bad Earnings

Third-quarter reports detail suffering across the board

(Newser) - Stocks continued yesterday’s decline amid a wave of poor earnings reports across the board, the Wall Street Journal reports. The Dow, down at one point nearly 700 points in the final hour, fell 514.45 to close at 8,519.21. The Nasdaq shed 80.93 points, closing at...

Earnings Push Stocks Lower
 Earnings Push Stocks Lower 
MARKETS

Earnings Push Stocks Lower

China's GDP slowdown spooks investors as well

(Newser) - Stocks fell today as a wave of poor earnings soured investor confidence across the board, though the continued drop in interbank lending rates kept losses in check, the Wall Street Journal reports. The Dow closed down 231.77 at 9,033.66. The Nasdaq fell 73.35 to 1,696....

Stocks Rally, Clearing 9,000
 Stocks Rally, Clearing 9,000 
MARKETS

Stocks Rally, Clearing 9,000

Bernanke urges more fiscal stimulus

(Newser) - Stocks extended earlier gains with a late-session rally today as Ben Bernanke voiced support for a new fiscal stimulus package and a key indicator showed a loosening in the flow of credit, MarketWatch reports. The Dow rose 413.21 to 9,265.43, the first time it has closed over...

Stocks Sink, Yet End Week Up
 Stocks Sink, Yet End Week Up 
MARKETS

Stocks Sink, Yet End Week Up

More ugly news makes for yet another volatile day

(Newser) - Stocks remained volatile and swung lower at the end of the today’s session,as bad economic news convinced investors the financial crisis is not over yet, MarketWatch reports. The Dow closed down 127.04 at 8,852.22, but posted a weekly gain after four weeks of losses. The...

Dow Up 401 After Seesaw Day
 Dow Up 401 After Seesaw Day 
MARKETS

Dow Up 401 After Seesaw Day

Investors see signs of gradually easing credit—and bargains, driving up market late

(Newser) - Stocks rallied late in today’s volatile session, but stopped short of recovering yesterday’s sharp losses, rollercoastering through an 800-point range, MarketWatch reports. Crude oil futures fell $4.69, to about half of their record high in July, on a report that showed US inventories increasing. The Dow rose...

Dow Finishes Down 733
 Dow Finishes Down 733 
MARKETS

Dow Finishes Down 733

Bad data pummels equities; oil drops below $75 per barrel

(Newser) - Stocks continued to slide in the final hours of the trading day as retail sales and manufacturing activity slowed while core inflation jumped, the Wall Street Journal reports. Oil slid $4.09 to $74.54 a barrel, its lowest price in 2008. The Dow closed down 733.08 at 8,...

Rally Fizzles to Mild Losses
 Rally Fizzles to Mild Losses 
MARKETS

Rally Fizzles to Mild Losses

Traders worry non-financial stocks may still feel recession's bite

(Newser) - Stocks closed lower today after an earlier rally died down as worries about consumer-discretionary and tech stocks overcame investors’ faith in global actions to quell the credit crisis, the Wall Street Journal reports. The Dow, up nearly 400 early, ended off 76.62, to 9,310.99. The Nasdaq, especially...

Dow Gains 936 on New Bailouts
 Dow Gains 936 on New Bailouts 
MARKETS

Dow Gains 936 on New Bailouts

Biggest one-day boost for Dow on record

(Newser) - Weekend news of coordinated global action to buy stakes in troubled banks cheered investors, and the Dow posted its biggest-ever 1-day jump in both points and percentage today, MarketWatch reports. The index rose 936.42 to 9,387.61, the Nasdaq jumped 194.74 to 1,844.25, and the...

Wild Swings End Ruinous Week
 Wild Swings End Ruinous Week 
MARKETS

Wild Swings End Ruinous Week

(Newser) - Stocks swung erratically at the conclusion of today's trading session, with the Dow rebounding from a dip below 8,000 on an early 700-point plunge and making a quick trip into positive territory. The Dow and S&P 500 eventually recorded their worst weekly drops on record. The Dow fell...

Dow Falls 678 to Sub-9,000 Close
 Dow Falls 678 to Sub-9,000 Close 
MARKETS

Dow Falls 678 to Sub-9,000 Close

Dow falls below 9,000 for first time since 2003

(Newser) - Stocks plunged in the last hours of trading today as a number of government moves did little to shore up investors' confidence, MarketWatch reports. The Dow’s losses accelerated sharply after it dropped below the psychological threshold of 9,000 points. It closed down 678.91 at 8,579.19;...

Stocks Fall 189 Despite Rate Cut
 Stocks Fall 189 Despite Rate Cut 
MARKETS

Stocks Fall 189 Despite Rate Cut

Alcoa offers dismal earnings report to start third-quarter season

(Newser) - Stocks fell nearly 190 points in a volatile day, with investors showing mixed opinions on whether an unprecedented global rate cut by the Fed and foreign central banks would help the credit crisis. After swinging in a 433-point range, the Dow closed down 189.01 points at 9,258.10,...

It Hasn't Been This Bad Since 1937

Stocks stuck in a 'downward spiral of fear;' no end in sight

(Newser) - With investors unconvinced the government’s $700 billion bailout or the Fed’s new plan to buy commercial paper will thaw frozen credit markets, markets remained trapped in “a downward spiral of fear,” reports BusinessWeek. The Dow’s 29% loss this year is its worst since 1937’s...

Dow Drops 508 Points
 Dow Drops 508 Points 
MARKETS

Dow Drops 508 Points

Fed's attempts to help do nothing for equities in the short term

(Newser) - Stocks plummeted today, as actions by the Federal Reserve to prop up the commercial-paper market and hints of an interest-rate cut from Ben Bernanke failed to restore investors’ confidence, the Wall Street Journal reports. The Dow fell 508.39 to 9,447.11. The Nasdaq shed 108.08, closing at...

Stocks Creep Higher at Open
 Stocks Creep Higher at Open 
MARKETS

Stocks Creep Higher at Open

Commercial paper plan breeds cautious optimism

(Newser) - Stocks rose at the opening bell today, buoyed by the Fed’s dramatic promise to intervene in the commercial paper market. The Dow rose 79 points at the open, as the Nasdaq and S&P rose 1.1% and 0.8% respectively, the Wall Street Journal reports. Investors also believe...

Reeling Dow Closes Below 10K
 Reeling Dow Closes Below 10K 
MARKETS

Reeling Dow Closes Below 10K

Bailout doesn't provide quick relief for stocks

(Newser) - Stocks saw heavy losses today as investors lost faith in the bailout’s ability to quickly reverse the slumping economy, MarketWatch reports. The Dow closed below 10,000 for the first time since 2004 after managing to claw back from an 800-point intraday loss. The final tick was down 369....

Street Shrugs Off Bailout OK
 Street Shrugs Off Bailout OK 
MARKETS

Street Shrugs Off Bailout OK

Markets rack up more losses despite bill's passage

(Newser) - Investors were feeling finicky today, pushing stocks higher by 300 points after the House approved the revised $700 billion bailout, then reversing the gains and moving the major indices to sharp weekly losses, MarketWatch says. The Dow dropped 157.15 to 10,325.70. The Nasdaq lost 29.33, finishing...

Dow Reels on Economic Fears
 Dow Reels on Economic Fears   
MARKETS

Dow Reels on Economic Fears

Bailout progress fails to inspire confidence in equities

(Newser) - Stocks fell sharply today as political progress on the bailout failed to encourage traders who were absorbing poor jobs and manufacturing data, MarketWatch reports. The Dow lost 348.22 and closed at 10,482.85, the Nasdaq shed 92.68 to 1,976.72, and the S&P 500 fell...

Mild Losses as Street Waits
 Mild Losses as Street Waits 
MARKETS

Mild Losses as Street Waits

Bailout hopes soften poor economic news

(Newser) - Stocks closed with only mild losses during a volatile session today as traders closely watched Capitol Hill mull over the bailout plan, the Wall Street Journal reports. The Dow closed down 19.59 at 10,831.07. The Nasdaq lost 22.48, closing at 2,069.40, while the S&...

Dow Up 485 in Recovery Rally
 Dow Up 485 in Recovery Rally 
MARKETS

Dow Up 485 in Recovery Rally

But indices see big losses for September

(Newser) - Stocks surged toward the end of today’s session to recover much of yesterday’s losses, but still finished September down, the Wall Street Journal reports. The markets rallied on confidence that lawmakers would reach agreement on a bailout plan by week’s end, with the Dow up 485.21...

Dow Falls 777 On House Vote
 Dow Falls 777 On House Vote 
MARKETS

Dow Falls 777 On House Vote

Biggest single-day drop in index's history

(Newser) - The Dow saw its biggest single-day drop ever today after the House rejected the financial bailout bill and adjourned until Thursday, MarketWatch reports. Equities and commodities were pounded equally as the Dow plunged 777.68 to close at 10,365.45 and oil fell $10.52, to $96.37 a...

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