Dow Jones

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Dow Falls 223 on Jobs Data
 Dow Falls 223 on Jobs Data 
MARKETS

Dow Falls 223 on Jobs Data

(Newser) - Stocks posted losses today, soured all session by worse-than-expected June employment data, the Wall Street Journal reports. With unemployment up a tenth of a percent to 9.5%  and wages remaining stagnant, investors have little to be optimistic about. The Dow lost 223.32 to settle at 8,280.74....

Stocks Plummet on Jobs Data
 Stocks Plummet on Jobs Data 
MARKET Open

Stocks Plummet on Jobs Data

(Newser) - Stocks tumbled at the open today after a worse-than-expected drop in June payroll figures, the Wall Street Journal reports. The Dow sunk 135 points, while the Nasdaq and S&P fell 1.8% and 1.6%, respectively. The economy shed 467,000 non-farm jobs in June; economists had predicted a...

Dow Up 57 on Housing Data
 Dow Up 57 on Housing Data 
MARKETS

Dow Up 57 on Housing Data

(Newser) - Markets were up today on a surging food sector and good data from the manufacturing and housing industries, the Wall Street Journal reports. A key manufacturing activity index jumped from May to June, and an indicator of pending home sales also climbed for the fourth straight month. Amid the gains,...

Confidence Sags; Dow Off 82
 Confidence Sags; Dow Off 82 
MARKETS

Confidence Sags; Dow Off 82

But all indices see gains in second quarter

(Newser) - Stocks fell today on an unexpected decline in consumer confidence, the Wall Street Journal reports, after investors held steady at the open despite data that delinquencies on prime mortgages had increased. The consumer-confidence drop came after two months of positive readings. The Dow closed down 82.38 at 8,447....

Oil Prices Rise; Dow Up 91
 Oil Prices Rise; Dow Up 91 
MARKETS

Oil Prices Rise; Dow Up 91

Low-volume session sees modest advances in energy, financials

(Newser) - Stocks enjoyed modest gains today as a jump in oil prices lifted energy firms, the Wall Street Journal reports. Crude futures rose $2.33, to $71.49 a barrel; Exxon shares gained 2.39%. Financials also saw advances, led by Sallie Mae, which jumped 8.2% on new government terms...

Stocks Mixed; Dow Off 34
 Stocks Mixed; Dow Off 34 
MARKETS

Stocks Mixed; Dow Off 34

Tech a bright spot amid gloom over slow recovery

(Newser) - Stocks ended mixed today as worries over the continued effects of the recession trumped data showing improved consumer sentiment and personal income, the Wall Street Journal reports. Tech stocks did the best, making the Nasdaq the only index to finish in the green. The Dow fell 34.01 points to...

Dow Up 173 on Housing, Retail
 Dow Up 173 on Housing, Retail 
MARKETS

Dow Up 173 on Housing, Retail

(Newser) - Markets rallied today on positive news from the retail and housing sectors, the Wall Street Journal reports. Major builders saw stocks go up as much as 15%, leading some to predict an end to the crisis in the housing market. In retail, meanwhile, companies such as Bed Bath and Beyond...

Dow Off 23 on Fed Rate News
 Dow Off 23 on Fed Rate News 
MARKETS

Dow Off 23 on Fed Rate News

(Newser) - Markets were mixed today as positive economic indicators and surging tech stocks battled with a Fed announcement that interest rates would be held near zero, the Wall Street Journal reports. The Dow lost early momentum, but the Nasdaq flourished. “We’ve basically come through a panic phase,” an...

Boeing Drops; Dow Loses 16
 Boeing Drops; Dow Loses 16 
MARKETS

Boeing Drops; Dow Loses 16

Bank of America, JP Morgan Chase post modest advances

(Newser) - Stocks were mixed today, between a slide by Boeing and a successful auction of 2-year Treasury notes, the Wall Street Journal reports. Another delay for its Dreamliner dragged Boeing down 6.27%; Bank of America and JP Morgan Chase both advanced after yesterday’s sell-off. The Dow fell 16.10...

Banks, Energy Fall; Dow Off 201
 Banks, Energy Fall; Dow Off 201 
MARKETS

Banks, Energy Fall; Dow Off 201

Dow, S&P 500 now negative for 2009

(Newser) - A global rout in materials and energy stocks combined with a sell-off in financials to wreak havoc on US markets today, the Wall Street Journal reports. The Dow closed down 200.72 at 8,339.01. The Nasdaq lost 61.28, closing at 1,766.19, and the S&P...

Stocks Sink on World Bank Report
 Stocks Sink 
 on World Bank Report 
MARKET Open

Stocks Sink on World Bank Report

(Newser) - Stocks tumbled this morning after the release of a grim forecast by the World Bank. The Dow tumbled about 100 points, while the Nasdaq and S&P each dropped 1.6%. The World Bank predicted the economy would shrink 2.9% this year, a big downward revision from its previous...

Stocks Mixed; Dow Off 16
 Stocks Mixed; Dow Off 16 
MARKETS

Stocks Mixed; Dow Off 16

Weak gains for Nasdaq, S&P cap week of losses

(Newser) - Stocks ended mixed for the day and lower for the week, as gains in financials made up for losses in energy spurred by falling oil prices, MarketWatch reports. Bank of American and American Express each rose about 2%, which analysts saw as investors covering short positions. The Dow fell 15....

Health Care Nudges Dow Up 58
 Health Care Nudges Dow Up 58 
MARKETS

Health Care Nudges Dow Up 58

(Newser) - Markets were up today on a strong performance from the volatile financial sector and continued gains for health-care stocks, the Wall Street Journal reports. Investors are confident that President Obama's health reform will be whittled down, leaving room for industry profits. The Dow was up 58.42, to 8,555....

Obama Plan Puts Dow Off 7
 Obama Plan Puts Dow Off 7 
MARKETS

Obama Plan Puts Dow Off 7

(Newser) - Markets were mixed today as a perky health-care sector was held in check by poor performance in energy stocks and wariness over President Obama’s financial regulatory plan, the Wall Street Journal reports. Oil and commodities prices slipped as investors seemed to gird for a continued lull in consumer activity....

Dow Off 107 on Weak Data
 Dow Off 107 on Weak Data 
MARKETS

Dow Off 107 on Weak Data

More poor manufacturing news saps stocks

(Newser) - Stocks fell further today as markets absorbed more poor economic data, the Wall Street Journal reports. National industrial production fell 1.1% in May, the Federal Reserve announced. The Dow Jones producer-price index rose only 0.2% in May, short of the expected 0.6% increase. The Dow lost 107....

Manufacturing Stats Send Dow Down 187
 Manufacturing Stats 
 Send Dow Down 187 
MARKETS

Manufacturing Stats Send Dow Down 187

Manufacturing, housing demand reports disappoint

(Newser) - Stocks fell today as a sharp monthly decline in the New York Fed’s manufacturing index hammered the materials, industrial, and energy sectors, the Wall Street Journal reports. Alcoa fell 6.3%, with Caterpillar, John Deere, and GE also down. In housing, the National Association of Home Builders’ index of...

Manufacturing Data Kill Stocks
 Manufacturing Data Kill Stocks 
MARKET Open

Manufacturing Data Kill Stocks

(Newser) - Stocks plunged at the open today, after an ugly New York manufacturing report, the Wall Street Journal reports. The Dow sunk 120 points, while the Nasdaq and S&P lost 1.5% and 1.4% respectively. The New York Fed’s manufacturing survey dropped to -9.41 from -4.55...

Dow Jumps 28, Ends at 2009 High
 Dow Jumps 28, 
 Ends at 2009 High  
MARKETS

Dow Jumps 28, Ends at 2009 High

(Newser) - Markets were mixed today, but the Dow closed at its highest end point in 2009 even as tech and material stocks pulled down other indices, the Wall Street Journal reports. The resurgent dollar cut deeply into the commodities sector. A NYSE computer malfunction also temporarily halted trading in some stocks....

Bond Sales Drive Dow Up 32
 Bond Sales Drive Dow Up 32 
MARKETS

Bond Sales Drive Dow Up 32

(Newser) - Markets were up today on a successful sale of 30-year Treasury notes and other indicators of economic recovery, the Wall Street Journal reports. Bank of America saw a 9% upswing after its CEO testified on Capitol Hill. The Dow gained 31.90 to 8,770.92. The S&P rose...

T-Note Auction Puts Dow Off 24
 T-Note Auction Puts Dow Off 24 
MARKETS

T-Note Auction Puts Dow Off 24

(Newser) - Markets fell today as an auction pushed yields on 10-year Treasury notes higher, the Wall Street Journal reports. A 30-year sale is scheduled for Friday. “Higher interest rates are not good for anyone,” said one broker. “It’s going to kill the refinancing boom.” The Dow...

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