NASDAQ – News Stories About NASDAQ - Page 23

MARKETS

May 18, 2009 3:11 PM CDT

Dow Up 235 on Housing Hopes

(Newser) - Markets rose significantly today on indications of a turnaround in the housing sector, the Wall Street Journal reports, with an industry confidence metric at its highest since September 2008. Financials—Bank of America was up 9.8%—led the S&P to a symbolic close above 900. The Dow was...

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 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...

Drugs, Oil Push Dow Up 50

MARKETS

May 12, 2009 3:15 PM CDT

Drugs, Oil Push Dow Up 50

(Newser) - Financials dipped today as firms continued stock sell-offs to finance TARP repayments, but strong performance by drug and energy companies stabilized the market, the Wall Street Journal reports. Merck and Pfizer were up as much as 2% and 6%, respectively; oil got a boost from $60 barrels. The Dow was...

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...

Dow Off 156 as Rally Slows

MARKETS

May 11, 2009 3:10 PM CDT

Dow Off 156 as Rally Slows

(Newser) - Stocks were down today on continued sluggishness from hard-hit areas like financials, industry, and energy, the Wall Street Journal reports. Though the improving market has led to an influx of cash from investors, key indices for transportation and industry have lagged. The Dow was down 155.88, to 8,418....

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...

Dow Jumps 164 in Jobs Rally

MARKETS

May 8, 2009 3:29 PM CDT

Dow Jumps 164 in Jobs Rally

Investors find hope in stress tests and unemployment results

(Newser) - Stocks rallied today on the unemployment report and stress-test results, the Wall Street Journal reports. Though unemployment continues to grow, the slowing pace of joblessness fueled a cautious optimism. American Express and JP Morgan Chase, who “passed” the government’s test, both gained 9%. The Dow closed up 164....

Stocks Shrug Off Job Report

MARKET Open

May 8, 2009 8:47 AM CDT

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’...

Cisco Disappoints; Dow Off 102

MARKETS

May 7, 2009 3:27 PM CDT

Cisco Disappoints; Dow Off 102

Investors await stress tests results

(Newser) - A poor earnings report and forecast from Cisco led stocks down today, the Wall Street Journal writes. The networking giant, considered an indicator of the tech sector’s general health, noted a 17% drop in revenue, and projected bigger losses for next quarter. The Dow closed down 102.43 at...

Stocks Up on Sunny Jobs Data

Market Open

May 7, 2009 8:43 AM CDT

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....

Banks Spur Gains; Dow Up 102

MARKETS

May 6, 2009 3:08 PM CDT

Banks Spur Gains; Dow Up 102

Some institutions gain despite poor stress test results

(Newser) - Stocks were up today as investors digested the stress tests results, the Wall Street Journal reports. Regions Financial and Bank of America were higher, despite results that say they will need additional capital. JP Morgan Chase, which can meet its capital needs, also gained. The Dow gained 101.63 to...

Stocks Fall Back; Dow Off 16

MARKETS

May 5, 2009 3:19 PM CDT

Stocks Fall Back; Dow Off 16

Investors keep an eye on upcoming jobs, stress test reports

(Newser) - Yesterday’s rally failed to carry stocks today, with traders nervously anticipating weekly and monthly employment reports as well as the bank stress-test results later this week, the Wall Street Journal reports. Bank of America rose 5.4%, while Wells Fargo dropped 3.3%. The Dow fell 16.09 to...

Stocks Flat After Big Rally

MARKET Open

May 5, 2009 8:47 AM CDT

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%...

Dow Rallies on Housing; Up 214

MARKETS

May 4, 2009 3:17 PM CDT

Dow Rallies on Housing; Up 214

Financials and materials firms gain on construction spending, existing home sales

(Newser) - Stocks rallied today on positive economic news, with the S&P 500 surpassing the psychologically significant 900 mark, the Wall Street Journal reports. Surges in construction spending and existing-home sales fueled investor optimism, with financials and materials firms pacing advances. The Dow rose 214.33 to close at 8,426....