Dow Jones – News Stories About Dow Jones - Page 89

MARKETS

Sep 26, 2008 3:47 PM CDT

Up Day Still Means Down Week

WaMu spooks markets, but optimism over bailout remains strong

(Newser) - Stocks lost value for most of today’s session as progress slowed on the Wall Street bailout plan, but turned sharply higher in the last few trading hours, MarketWatch reports. Despite mixed gains today, all indices saw losses during a tumultuous week. The Dow gained 121.07 to 11,143....

Stocks Climb Nearly 200 Points

MARKETS

Sep 25, 2008 3:15 PM CDT

Stocks Climb Nearly 200 Points

Poor housing, durable goods goods data don't deter market's optimism

(Newser) - Stocks rallied this afternoon on news that lawmakers had reached a consensus on the Wall Street bailout plan, MarketWatch reports. Optimism proved infectious as GE rose 6.26% despite cutting an earnings estimate earlier today. The Dow climbed 196.89 points to 11,022.06. The Nasdaq gained 30.89...

Stocks Flat Amid Bailout Wait

MARKETS

Sep 24, 2008 3:25 PM CDT

Stocks Flat Amid Bailout Wait

Housing sales decline; Buffet boosts Goldman

(Newser) - Stocks swung between gains and losses today as the proposed financial bailout continued to dominate conversation but remained unsettled. The technology-rich Nasdaq was more insulated from the swings, and closed up 2.35 at 2,155.68. The Dow lost 29.00 to close at 10,825.17, while the...

Buffett's Goldman Buy
Stabilizes Stocks

MARKETS

Sep 24, 2008 9:16 AM CDT

Buffett's Goldman Buy Stabilizes Stocks

Sage of Omaha backs Paulson

(Newser) - Stocks rose slightly at the open, reports the Wall Street Journal, buoyed by Warren Buffett’s $5 billion vote of confidence in Goldman Sachs. The Dow Jones rose 21 points, while the S&P rose 0.3%, and the Nasdaq 0.9%. Capitol Hill will again command Wall Street's attention...

Street Watches Hill; Stocks Fall

MARKETS

Sep 23, 2008 3:23 PM CDT

Street Watches Hill; Stocks Fall

Investors worry about Congress delaying bailout; home prices decline 0.6% in July

(Newser) - Stocks traded sharply lower at the end of today’s roller-coaster session as investors watched lawmakers balk at quickly enacting the financial bailout plan, the Wall Street Journal reports. The Dow fell 161.52 to close at 10,854.17. The Nasdaq lost 25.64, closing at 2,153.34,...

Stocks Drop in Europe, Asia Amid Recession Fears

Sep 23, 2008 4:44 AM CDT

Stocks Drop in Europe, Asia Amid Recession Fears

(Newser) - Stocks were down in Europe and Asia today amid fears of a global recession despite the massive government bailout being arranged in the US. Europe's Dow Jones Stoxx 600 Index dipped for a second day, falling 1.8% in early trading, Bloomberg reports. Barclays fell 3.6% and Australia's Macquarie...

Bailout, Oil Send Dow Down 372

MARKETS

Sep 22, 2008 3:26 PM CDT

Bailout, Oil Send Dow Down 372

Traders nervous about long-term effects

(Newser) - Stocks plummeted today as uncertainty over the cost and long-term impact of the Wall Street bailout plan spread and oil surged, MarketWatch reports. Treasuries and the dollar fell as traders worried the bailout’s cost could affect the government’s status as a borrower. The Dow closed down 372.75,...

Stocks Edge Lower at Open

MARKETS

Sep 22, 2008 9:04 AM CDT

Stocks Edge Lower at Open

Moderate drop as buybacks hold back bears

(Newser) - Stocks declined slightly at open, as big buybacks from Microsoft, HP, and Nike were offset by general financial sector pessimism. The Dow dropped 85 points at the bell, while the S&P fell 0.5% and Nasdaq dropped 0.6%. Microsoft rose 4.9%, after announcing a $40-billion buyback and...

Stocks Rally, End Week Mixed

MARKETS

Sep 19, 2008 3:44 PM CDT

Stocks Rally, End Week Mixed

Bailout plan reassures investors

(Newser) - Stocks continued to rally today, gaining enough on news of the government’s plan to form a debt relief agency for financial firms that the week's last two sessions saw the markets almost overcome the week’s earlier losses, MarketWatch reports. The Dow gained 368.75 to close at 11,...

Late Rally Lands Dow Up 410

MARKETS

Sep 18, 2008 3:25 PM CDT

Late Rally Lands Dow Up 410

Fed may have plan to quarantine bad debt; banks see gains

(Newser) - The markets rallied late in today’s rollercoaster session, keying on a $360 billion plan to shore up money markets and reports that the Fed might form a government body to absorb firms’ bad credit bets, the Wall Street Journal reports. The Dow gained 410.03 to close at 11,...

Stocks Jump at Bell
on Central Bank Cash

MARKETS

Sep 18, 2008 9:05 AM CDT

Stocks Jump at Bell on Central Bank Cash

Dow up 140

(Newser) - Stocks surged at the opening bell this morning, as traders registered approval of the central banks’ move to inject $360 billion into global money markets. The Dow jumped 118 points, while the S&P and Nasdaq rose 1.6% and 2% respectively. “These joint interventions are welcomed by the...

Dow Plunges 449 Points

MARKETS

Sep 17, 2008 3:41 PM CDT

Dow Plunges 449 Points

SEC moves to restrict short selling

(Newser) - Stocks plummeted again today as insecurity about the financial system gripped the markets, the Wall Street Journal reports. The AIG bailout proved to be of little comfort to traders, who quickly began betting on the next big firm to fall. The Dow closed down 449.36 points to 10,609....

Stocks Dive at Open on AIG Save, Weak Housing Starts

MARKETS

Sep 17, 2008 9:05 AM CDT

Stocks Dive at Open on AIG Save, Weak Housing Starts

Financials drive decline

(Newser) - Stocks took a nosedive at the opening bell, with the Dow falling 190.28 points within minutes, as the market absorbs an AIG bailout that prevented a body blow to the economy but was none too friendly to shareholders, the Wall Street Journal reports. The insurer fell 21% at the...

Fluctuating Markets Close Up

MARKETS

Sep 16, 2008 3:17 PM CDT

Fluctuating Markets Close Up

Dow returns to 11K-plus territory

(Newser) - As AIG's future became somewhat clearer, the wildly fluctuating markets settled into positive territory at the end of today's session. Rumors that the Fed will bail out the mega-insurer helped nearly erase a 74% decline, Bloomberg reports. The Dow closed up 141.51 at 11,059.02, the Nasdaq gained...

Speculation on New Fed
Rate Cut Tempers Losses

MARKETS

Sep 16, 2008 10:44 AM CDT

Speculation on New Fed Rate Cut Tempers Losses

Stocks dip early, then tick closer to even ahead of mid-afternoon announcement

(Newser) - Stocks swung upward after big opening losses today, the Wall Street Journal reports, helped by speculation that the Federal Reserve might step in to help AIG and cut interest rates. The Dow, down 155 early, was just barely negative before noon, with a similar pattern from other indices. “We're...

Time for the
Dow to Ditch Ailing AIG

OPINION

Sep 16, 2008 3:45 AM CDT

Time for the Dow to Ditch Ailing AIG

Index should replace enfeebled AIG or GM with Apple or Cisco

(Newser) - The downsizing of American International Group should spur its ejection from the Dow Jones 30, Paul R. La Monica writes in CNNMoney. The company's inclusion in the index means its troubles will hurt the market even more than the tribulations of Lehman, Fannie and Freddie—its shedding of divisions will...

Dow Ends Ugly Day Down 504

MARKETS

Sep 15, 2008 3:26 PM CDT

Dow Ends Ugly Day Down 504

Lehman bankruptcy swamps week's first trading day

(Newser) - After a midday lull, stocks plummeted again late today as traders adjusted to the failure of Lehman Brothers and the acquisition of Merrill Lynch by Bank of America, Bloomberg reports. Lehman’s stock alone was down 94.9%. The Dow fell 504.48 to 10,917.51. The S&P...

After Big Drop, Stocks Hold

MARKETS

Sep 15, 2008 11:51 AM CDT

After Big Drop, Stocks Hold

Dow takes 300-point tumble early, but market remaining stable

(Newser) - Stocks have taken a beating today, with the Dow off more than 300 points early, the Wall Street Journal reports, but there’s been a noticeable lack of panic among traders. If the current loss holds steady, it will represent just the sixth-worst day this year, despite the massive upheaval...

Stocks Plunge at Open

MARKETS

Sep 15, 2008 9:09 AM CDT

Stocks Plunge at Open

AIG, Lehman take huge hits, but Merrill takeover stabilizes market slightly

(Newser) - Stocks tumbled at the opening bell this morning, with the Dow dropping more than 300 points after a weekend that turned the financial industry on its head. Lehman Brothers’ collapse and AIG’s request for $40 billion from the Federal Reserve “are causing a major financial panic this morning,...

Investors Wary; Stocks Mixed

MARKETS

Sep 12, 2008 3:28 PM CDT

Investors Wary; Stocks Mixed

Lehman's floundering continues to stir fear in financial sector

(Newser) - The markets ended mixed today, as Lehman Brothers foundered and financial firms continued to take hits, MarketWatch reports. Weekly gains were slim, despite Sunday’s Fannie and Freddie bailout, which was supposed to calm investor fears and boost the markets. The Dow closed down 11.72 at 11,421.99....