Dow Jones – News Stories About Dow Jones - Page 72

MARKETS

Jul 29, 2009 3:13 PM CDT

Dow Slips 26 as Oil Prices Fall

(Newser) - Markets were off today on plunges in the energy and manufacturing sectors brought on by falling oil prices, the Wall Street Journal reports. A poorly received auction of T-notes also did little to inspire confidence. The world’s largest steelmaker, ArcelorMittal, slipped 7% on a larger than expected loss, and...

Dow Retreats 12 on Weak Data

MARKETS

Jul 28, 2009 3:21 PM CDT

Dow Retreats 12 on Weak Data

Consumer confidence falls from last month

(Newser) - Stocks closed slightly lower today as falling crude prices and shares of energy firms weighed on the broader market, the Wall Street Journal reports. Exxon and Chevron both fell around 1% off a decline of $1.15 in crude oil prices, which stand at $67.32 a barrel. A new...

Rally Pauses; Dow Adds 15

MARKETS

Jul 27, 2009 3:19 PM CDT

Rally Pauses; Dow Adds 15

Verizon earnings disappoint, but Commerce reports jump in June home sales

(Newser) - Stocks fluctuated today after two weeks of solid gains, the Wall Street Journal reports. Data from the Commerce Department showing an 11% rise in sales of single-family homes in June boosted homebuilders. Verizon fell 2% after posting a 7% decline in earnings. The Dow ended up 15.27 at 9,...

Tech Snaps Nadaq's Streak;
Dow Climbs 24

MARKETS

Jul 24, 2009 3:24 PM CDT

Tech Snaps Nadaq's Streak; Dow Climbs 24

Amazon, Microsoft fall after weak earnings

(Newser) - The tech sector exerted downward pressure on stocks today, snapping the Nasdaq’s 12-day winning streak, the Wall Street Journal reports. Microsoft sank 8.9% after reporting a 29% drop in quarterly earnings, while Amazon fell 8.3% after also reporting a disappointing quarter. Alcoa, Pfizer, and Merck helped the...

Dow Finishes Up 188, Above 9K

MARKETS

Jul 23, 2009 3:13 PM CDT

Dow Finishes Up 188, Above 9K

Nasdaq caps 12-day streak

(Newser) - Sustained increases in home sales and robust earnings fueled a broad-based rally today, pushing the Dow above 9,000 for the first time since January and marking a 12-day winning streak for the Nasdaq—the first in more than a decade, the Wall Street Journal reports. AT&T and 3M...

Home Sales Send Dow
Over 9,000

MARKETs

Jul 23, 2009 10:22 AM CDT

Home Sales Send Dow Over 9,000

(Newser) - The Dow Jones industrials are back above 9,000 today for the first time since the beginning of January. A report of a jump in home sales eased investors' worries about one of the economy's biggest trouble spots. They responded by buying stocks across the market, lifting the major indexes...

Dow Falls 35 on Energy Fears

MARKETS

Jul 22, 2009 3:13 PM CDT

Dow Falls 35 on Energy Fears

(Newser) - Markets were off today as falling oil prices put the press on the energy sector and Wall Street took a stern look at the recent rally, the Wall Street Journal reports. Though tech stocks surged, bringing NASDAQ up, oil prices were off and health care concerns tumbled. The financial sector...

Tech Falls, But Dow Up 68

Jul 21, 2009 3:11 PM CDT

Tech Falls, But Dow Up 68

Market extends winning streak into 7th day

(Newser) - Stocks closed with modest gains today as the tech and financial sectors, drivers of the recent rally, lost some steam, the Wall Street Journal reports. Nonetheless, the Dow was boosted by a 7.7% rise by Caterpillar, which reported a smaller-than-expected profit decline and raised its full-year earnings forecast. Apple...

Bullish Earnings Boost Dow 104

MARKETS

Jul 20, 2009 3:18 PM CDT

Bullish Earnings Boost Dow 104

CIT Group surges on possible bondholder rescue plan

(Newser) - Stocks gained late today on bullish earnings from the S&P 500, the Wall Street Journal reports, with data showing that quarterly earnings from 71% of those firms beat expectations. CIT Group surged 81.4% on a possible plan to save it from bankruptcy. The Dow rose 104.21 to...

Dow Ends Solid Week Up 32

MARKETS

Jul 17, 2009 3:17 PM CDT

Dow Ends Solid Week Up 32

Indices all up at least 7% for the week

(Newser) - Stocks were generally flat today as investors stepped back from a 4-day rally. IBM boosted the Dow, rising 4.3% after reporting strong quarterly profits, the Wall Street Journal reports. GE and Bank of America both trended lower after reporting declining earnings. Housing data showed home construction rose in June,...

Dow Up 96 Despite CIT Woes

MARKETS

Jul 16, 2009 3:16 PM CDT

Dow Up 96 Despite CIT Woes

Rally extends into 4th day on Roubini comments, tech optimism

(Newser) - Stocks gained today as the tech sector continued to inspire and economist Nouriel Roubini predicted a recovery in late 2009, the Wall Street Journal reports. Though the looming bankruptcy of CIT Group depressed stocks most of the day, financials were able to trim losses before the close. The Dow rose...

Tech Rally Sends Dow Up 257

MARKETS

Jul 15, 2009 3:13 PM CDT

Tech Rally Sends Dow Up 257

(Newser) - The tech sector drove a substantial market rally today led by rosy projections from chipmaker Intel, the Wall Street Journal reports. Other technology stocks followed Intel—up 7.5%—as investors predicted a resurgence of the consumer electronics market. Good news from the Fed and the credit industry also helped...

Stocks Soar on Intel Earnings

MARKET open

Jul 15, 2009 8:47 AM CDT

Stocks Soar on Intel Earnings

(Newser) - Tech stocks soared at the open today, taking major indexes with them, after a strong quarter and upbeat outlook from Intel, the Wall Street Journal reports. The Dow rose 100 points, while the Nasdaq added 30 points and the S&P 11.45 points. Intel was up 7.5% pre-market....

Dow Up Only 28
Despite Strong Data

MARKETS

Jul 14, 2009 3:14 PM CDT

Dow Up Only 28 Despite Strong Data

US retail sales up 0.6% in June, but investors show caution

(Newser) - Stocks wavered in a narrow range today before closing with modest gains, the Wall Street Journal reports. Though Goldman Sachs posted a quarterly profit way beyond expectations and the Commerce Department reported that US retail sales rose 0.6% last month, investors’ reaction was muted. The Dow rose 28 points...

Financials Propel Dow Up 185

MARKETS

Jul 13, 2009 3:17 PM CDT

Financials Propel Dow Up 185

Big gains for major banks ahead of earnings reports

(Newser) - Stocks staged a broad rally today as financials soared ahead of earnings reports, the Wall Street Journal reports. Bank of America surged 9%, while Citigroup and JP Morgan Chase rose 6.9%. General Electric, which will also report its second-quarter earnings this week, rose 6.1%. The Dow closed up...

Energy Falters; Dow Off 37

MARKETS

Jul 10, 2009 3:18 PM CDT

Energy Falters; Dow Off 37

A profit warning from Chevron highlights problems in the energy sector

(Newser) - The major stock indices finished mixed today, with the Dow trending down after Chevron issued a profit warning, the Wall Street Journal reports. Chevron was down 2.7% on news that a weak dollar and poor profits at refineries will cut into its second-quarter earnings. Exxon also fell 1.3%....

Stocks Tread Water; Dow Up 5

MARKETS

Jul 9, 2009 3:12 PM CDT

Stocks Tread Water; Dow Up 5

Goldman Sachs rises, Pfizer falls

(Newser) - The stock market indices swung back and forth across a narrow range today as financials enjoyed advances but the health care sector declined, the Wall Street Journal reports. Goldman Sachs was up 3.69% after Bank of American Merrill Lynch upgraded Goldman shares from “neutral” to “buy.”...

Stocks Mixed; Dow Up 15

MARKETS

Jul 8, 2009 3:21 PM CDT

Stocks Mixed; Dow Up 15

Investors show caution as 2nd-quarter earnings season beings

(Newser) - Stocks were mixed today as investors await companies' second-quarter reports. Shares of Alcoa, which kicks off the earnings season with a report after the close, fluctuated but closed slightly higher. The Dow finished up 15 points at 8,178, reports the Wall Street Journal. The Nasdaq gained 1 point to...

Dow Falls 161 in Broad Sell-Off

MARKETS

Jul 7, 2009 3:19 PM CDT

Dow Falls 161 in Broad Sell-Off

Investors unwind bets ahead of 2nd-quarter earnings kickoff

(Newser) - Investors turned pessimistic ahead of the start of the second-quarter earnings season, initiating a broad sell-off that depressed the major indices, the Wall Street Journal reports. Oil fell another $1.12 to 62.43 a barrel, pushing energy stocks lower; the S&P 500’s energy sector was off 2....

Dow Climbs 44; Oil Prices Fall

MARKETS

Jul 6, 2009 3:13 PM CDT

Dow Climbs 44; Oil Prices Fall

Investors await the arrival of 2nd-quarter earnings

(Newser) - Continued declines in oil and other commodities depressed equities today, but broad advances in health-care stocks offset them, the Wall Street Journal reports. Oil fell $1.58 to $64.08 a barrel and has dropped 8.4% since July 1. Many traders are holding off on big bets until the...