Dow Jones

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Dow Rebounds, Gains 51
 Dow Rebounds, Gains 51 
MARKETS
Sep 22, 2009 3:18 PM CDT

Dow Rebounds, Gains 51

Modest September rally continues after Monday slump

(Newser) - Stocks today saw more of the small but steady gains that have marked an unusually strong September, the Wall Street Journal reports. After yesterday's pullback, financials, and particularly insurers, saw gains: MBIA rose 22.3%, and rival AMBAC Financial gained 15.2%. Oil pushed up $1.84 to $71.55...

Dow Down 41; Tech Rises, Banks Fall
 Dow Down 41; 
 Tech Rises, 
 Banks Fall 
MARKETS
Sep 21, 2009 3:13 PM CDT

Dow Down 41; Tech Rises, Banks Fall

September rally sees slight pullback

(Newser) - Stock indices finished mixed today after the markets reached what most traders saw as a slight pause in a very strong September, the Wall Street Journal reports. Financials led declines: AmEx fell 2.9%, while Bank of America lost 1.8%. Google rose 1.1% after Citigroup analysts boosted their...

Fizzle Alert: Market Rallies This Good Don't Hold

(Newser) - It's good news, bad news time for investors. The good news: In the last 100 years, only five other rallies have matched the 46% leap the Dow’s taken over the past six months. The bad news: None of those other extraordinary rallies, which came in the 1930s and 1970s,...

Dow Up 36 Points; Consumer Stocks Gain
 Dow Up 36 Points; 
 Consumer Stocks Gain 
MARKETS
Sep 18, 2009 3:20 PM CDT

Dow Up 36 Points; Consumer Stocks Gain

Indices all post solid gains for the week

(Newser) - Stocks posted gains today, closing out a strong week as consumer stocks saw advances, the Wall Street Journal reports. Procter & Gamble gained 3.21% after Citigroup upgraded the firm’s shares to “buy.” Optimism about a recovery in consumer spending drove Starbucks up 3.64%, with PepsiCo...

Dow Dips 2 Points
 Dow Dips 2 Points 
MARKETS
Sep 17, 2009 3:20 PM CDT

Dow Dips 2 Points

Housing starts rise, but come in below expectations

(Newser) - Stocks posted small losses today as the modest rally of the last two weeks ran out of steam, the Wall Street Journal reports. Housing starts for August rose 1.5%, less than expected. FedEx shares dropped after the company reported a 53% drop in quarterly profit. The Dow fell 2...

Dow Up 108 to 2009 High
 Dow Up 108 to 2009 High 
MARKETS
Sep 16, 2009 3:15 PM CDT

Dow Up 108 to 2009 High

GE, financials gain; Fed shows industrial activity up for August

(Newser) - Stocks rallied today, with all three major indices hitting their highest levels of the year, the Wall Street Journal reports. GE surged 5.69%, AmEx 3.06%, and BofA 2.80% on good data: Industrial production gained 0.8% in August, and the Labor Department’s consumer-price index rose 0....

Dow Up 56 on Bernanke, Retail
 Dow Up 56 on Bernanke, Retail 
MARKETS
Sep 15, 2009 3:22 PM CDT

Dow Up 56 on Bernanke, Retail

'Clunkers' boosts sales, NY manufacturing up

(Newser) - Stocks posted solid advances after Ben Bernanke said it was “very likely” that the recession is over, the Wall Street Journal reports. Economic reports showed retail sales gaining 2.7% last month, largely because of the “Cash for Clunkers” program, while the Fed’s index of NY manufacturing...

Dow Gains 21 as Industrial, Utility Sectors Rise

Signs of life in M&A spur late advances

(Newser) - Stocks swung to gains late in the session today, with industrial stocks and utilities pacing advances, the Wall Street Journal reports. Reports of the Chinese government acquiring power-plant developer AES boosted the S&P 500. AES gained 4.5%, and General Electric climbed 4.6%. The Dow rose 21.39...

Dow Down 22; Stocks Gain for Week
 Dow Down 22; 
 Stocks Gain for Week 
MARKETS
Sep 11, 2009 3:25 PM CDT

Dow Down 22; Stocks Gain for Week

Crude oil tumbles $2.65

(Newser) - Stocks pulled back today after hitting their 2009 peaks in yesterday's session, the Wall Street Journal reports. Despite modest declines, transportation stocks—considered the first to benefit in a recovery—remained strong, with FedEx up 6.43%. Crude tumbled $2.65 to $69.20 a barrel. The Dow lost 22....

Dow Climbs 80 as Stocks Hit 2009 Highs
 Dow Climbs 80 as 
 Stocks Hit 2009 Highs 
MARKETS
Sep 10, 2009 3:11 PM CDT

Dow Climbs 80 as Stocks Hit 2009 Highs

September correction has yet to strike

(Newser) - Stock indices hit highs for 2009 today, alleviating fears that September would bring a major correction after the summer's rally, the Wall Street Journal reports. Energy stocks led the S&P 500, while the Dow Jones Transportation Average—considered a general indicator of national economic sentiment—rose 2.35%. Procter...

Dow Up 50 Despite Soft Spending Data

Beige book shows progress in manufacturing, continuing slump in retail

(Newser) - Stocks posted gains today slightly off session highs as the Fed’s beige book raised concerns about consumer spending, the Wall Street Journal reports. The Fed’s report signaled improvement in manufacturing across the country, but it said retail sales remained flat, even with the boost from “Cash for...

Dow Up 56 on Oil, Gold
 Dow Up 56 on Oil, Gold 
MARKETS
Sep 8, 2009 3:21 PM CDT

Dow Up 56 on Oil, Gold

Energy firms rise as oil adds $3.08

(Newser) - Stocks posted solid gains today as commodity prices rose, the Wall Street Journal reports. Oil jumped $3.08 to $71.28 a barrel and gold crossed the $1,000-an-ounce mark. Commodity-producing stocks Exxon, Chevron, and Alcoa all saw gains as a result. The Dow added 56 points to close at...

Dow Up 97 on Aug. Jobs Data
 Dow Up 97 on Aug. Jobs Data 
MARKETS
Sep 4, 2009 3:26 PM CDT

Dow Up 97 on Aug. Jobs Data

Indices post declines for the week

(Newser) - Traders focused on positive aspects of today's August unemployment report—declining job losses—rather than the upward revision in total jobless numbers, sending stocks higher, the Wall Street Journal reports. General Electric led advancing stocks on the Dow with a 3.35% gain. The Dow rose 96.66 points to...

Dow Climbs 64 as Investors Await Jobs Report

Fear of Sept. stock pullback drives gold to 6-month high

(Newser) - Stocks jumped today on the strength of blue-chip financials after mostly idling. Volume was low as investors waited for the government’s monthly employment report, due tomorrow, the Wall Street Journal reports. AIG and Citigroup rose, while safe-haven buying pushed gold to almost to $1,000 an ounce, a level...

Dow Slips 30 on Jobs Data
 Dow Slips 30 on Jobs Data 
MARKETS
Sep 2, 2009 3:23 PM CDT

Dow Slips 30 on Jobs Data

Rise in materials stocks offsets jobs news

(Newser) - Stocks closed with modest losses today as advances in materials stocks helped offset disappointing data on jobs, the Wall Street Journal reports. The private sector shed 298,000 jobs in August, more than forecast. The materials sector of the S&P 500, however, advanced as gold futures hit a 3-month...

Dow Plunges 186, Biggest Fall in 2 Months

Financials lead broad selloff

(Newser) - Financials led stocks in a steep sell-off today that saw the Dow’s biggest decline in 2 months, the Wall Street Journal reports. AIG fell 20.9% on an analyst’s report that without government support, it would be worth a negative $6.4 billion. Fannie Mae, Freddie Mac, Citigroup,...

US Stocks Track Chinese Selloff; Dow Down 48

Shanghai Comp. loses 6.7% in one session

(Newser) - A staggering 6.7% selloff in the Shanghai Composite spooked US stocks, which stayed low throughout today's session, the Wall Street Journal reports. Analysts note that it’s the second time in 3 weeks US markets have fallen in response to a drop in China—a reverse of the usual...

Dow Drops 36 as Consumer Data Saps Stocks

Intel, Dell see gains

(Newser) - Stocks mostly fell today despite good news from the tech sector, the Wall Street Journal reports. The Reuters/University of Michigan index of consumer confidence fell in August, dragging the markets down. Intel rose 4.32% after raising its third-quarter profit forecast, while Dell gained 1.89% on second-quarter earnings that...

Dow Climbs 37 on Day 8 of Streak
 Dow Climbs 37 
 on Day 8 of Streak 
MARKETS
Aug 27, 2009 3:19 PM CDT

Dow Climbs 37 on Day 8 of Streak

Eight-day winning stretch is first in 28 months

(Newser) - Stocks closed up today as the Dow continued its modest winning streak for an eighth day—the longest period of gains in 28 months—though trading volume remained light, the Wall Street Journal reports. An auction of 7-year Treasury notes saw decent demand. AIG shares rose 28.8% on reports...

Dow Up 4 Despite Strong Housing Data
 Dow Up 4 Despite 
 Strong Housing Data 
MARKETS
Aug 26, 2009 3:33 PM CDT

Dow Up 4 Despite Strong Housing Data

Gains in durable goods mostly due to defense, aircraft orders

(Newser) - Stocks barely eked out gains today, as positive reports on housing and durable goods orders failed to excite investors, the Wall Street Journal reports. New-home sales rose 9.6% in July, beating expectations, while inventories dropped to the lowest level since April 2007. The Dow closed up 4 points at...

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