S&P 500

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Dow Plummets 266, Back Under 12K

Debt deal provides no bounce

(Newser) - Just imagine if they hadn't gotten a deal at the last minute: The stock market had a brutal day, despite today's final passage of the bill to avert a default, reports MarketWatch . The Dow fell 266 to 11,867 (2.2%); Nasdaq fell 75 to 2,669 (2....

Dow Rises 202: Best Day of 2011

Earnings reports and Obama's praise of debt plan raise hopes

(Newser) - Strong profits and a bipartisan plan to lift the US debt limit drove a stock market rebound today. Stock indexes rose after Coca-Cola, IBM, and other companies reported rising second-quarter earnings. The three major indexes added to their gains after President Obama praised a proposal by six senators that would...

Dow Tumbles 172, Closes Below 12K

It's the worst weekly losing stretch since 2002

(Newser) - The Dow Jones industrial average closed below 12,000 today, the first time it has dropped below that mark since March. Fears that the global economic recovery has stalled also weighed on other indexes. The market registered its sixth straight weekly loss, the longest weekly losing streak since the fall...

Dow Plunges 280, Erases Quarter of Year's Gains

Two bleak reports raise fears about recovery

(Newser) - Fears that the US economy is stalling sent the Dow Jones industrial average down 280 points, erasing more than a quarter of the stock market's gains for the year. A pair of reports raised new doubts about the economy's strength: A key manufacturing index fell from its April...

CEO Salaries Climb Above Pre-Recession Levels

Average S&P company doling out $9M

(Newser) - Did you know there was some kind of recession recently? You wouldn't, if you looked at CEO paychecks. CEOs were paid more last year than they were in 2007, when unemployment was at half what it is now and the stock market was at record highs, the AP reports....

Stocks Up, Oil Down on bin Laden News

Dow up 50

(Newser) - News of Osama bin Laden’s death cheered markets today, with the Dow gaining 50 points, and the S&P and Nasdaq rising 4 points and 8.5 points, respectively, Politico reports. Oil futures meanwhile, fell 2%, and the dollar rose. The gains followed similar increases in Japan and South...

S&P Drops US Credit Outlook to 'Negative'

They say there's 'material risk' that politicians won't fix fiscal problemsr

(Newser) - Standard & Poor’s reaffirmed America’s AAA credit rating today, but dropped its outlook to “negative,” saying there was “material risk” that US policy makers wouldn’t figure out how to handle the nation’s fiscal woes by 2013. “If an agreement is not reached...

Dow Plunges 242 on Japan Anxiety
 Dow Plunges 242 
 on Japan Anxiety 
MARKETWATCH
Mar 16, 2011 3:11 PM CDT

Dow Plunges 242 on Japan Anxiety

Street worries about nuclear catastrophe

(Newser) - Fears that a nuclear reactor in Japan may be in the midst of a partial meltdown is shaking financial markets. Stock indexes lost 2% and gave up nearly all of their gains for the year today. All 10 company groups that make up the Standard & Poor's 500 index fell....

Dow Drops 228, Sinks Below 12,000
 Dow Drops 228, 
 Sinks Below 12,000 
MARKETWATCH
Mar 10, 2011 3:13 PM CST

Dow Drops 228, Sinks Below 12,000

Worries over global economy kneecap Dow

(Newser) - Weak economic news from China, the US, and Spain combined with a slump in oil companies sent stocks sharply lower. The Dow Jones industrial average had its biggest one-day drop since August. It fell 228 points, or 1.9%, to close at 11,984, while the S&P 500 index...

Dow Up 8, Ends Year at Highest Mark Since '08
Dow Up 8, Ends Year
at Highest Mark Since '08
MARKETWATCH
Dec 31, 2010 3:15 PM CST

Dow Up 8, Ends Year at Highest Mark Since '08

Almost half of stocks' 2010 gains were made this month

(Newser) - Stocks have ended a rocky 2010 quietly. The major indexes were little changed and trading volume was at one of its lowest levels of the year as many traders took the day off. Despite investors' concerns about the US and world economy, the S&P 500 and the Dow both...

Dow Cracks 11K for First Time Since May

Investors think Fed will move to prop up economy

(Newser) - Stocks are rising after another weak report on unemployment added to expectations that the Federal Reserve will step in to prop up the US economy. The Dow Jones industrial average climbed above 11,000 this morning for the first time since early May. At midday, the Dow was up 53,...

Dow Plunges on Fears Over Europe, Korea

May close below 10,000

(Newser) - The Dow opened below 10,000 today—a mark it hasn't closed below since February—as investors panicked over the conflict between North and South Korea and instability in European banks. The Dow fell 238 points, while the S&P and Nasdaq dropped 23 and 53 points respectively, according to...

Stock Exchanges to Get 'Circuit Breakers'

SEC rules hope to prevent crazy plunges

(Newser) - US stock exchanges would briefly halt trading of some stocks that have big prices swings under new trading rules aimed at avoiding market plunges and proposed today by federal regulators. The rules would take effect in mid-June under a 6-month pilot program agreed to by major US exchanges and the...

Dow Drops 348 in Volatile Day
 Dow Drops 348 
 in Volatile Day 
MARKETS
May 6, 2010 3:19 PM CDT

Dow Drops 348 in Volatile Day

Market was down nearly 1,000 points in afternoon

(Newser) - Wall Street was in full panic mode today, as a drastic sell-off saw the Dow off nearly 1,000 points just one hour before the close, MarketWatch reports. A quick rebound followed, however, to less severe numbers. The Dow finished down 348 points at 10,520; Nasdaq fell 83 points...

Dow Drops 13, Pharma Lags
 Dow Drops 13, Pharma Lags 
MARKETS
Mar 12, 2010 3:25 PM CST

Dow Drops 13, Pharma Lags

UMich/Reuters consumer sentiment index falls

(Newser) - Stocks ended the week mixed with some gains in basic materials but sagging health care stocks, led by Pfizer, which released disappointing results from trials of a breast-cancer drug, the Wall Street Journal reports.
  • The Dow gained 13 points to close at 10,625.
  • The Nasdaq lost a point to
...

Dow Rises 45 on Citigroup Optimism
 Dow Rises 45 on 
 Citigroup Optimism 
MARKETS
Mar 11, 2010 3:24 PM CST

Dow Rises 45 on Citigroup Optimism

CEO Vikram Pandit confident government will sell Citi stake

(Newser) - A possible move by China to tighten monetary policy sapped stocks today, but optimistic comments from Citigroup's CEO led the indexes higher in the final hour, the Wall Street Journal reports.
  • The Dow added 45 points to close at 10,612.
  • The Nasdaq gained 10 points, closing at 2,368.
...

Dow Up 3; Financials Climb
 Dow Up 3; Financials Climb 
MARKETS
Mar 10, 2010 3:17 PM CST

Dow Up 3; Financials Climb

Investors predict payroll gains for March

(Newser) - Gains in financial stocks kept the markets afloat today. Both AIG and Citigroup closed up, in part because of a successful offering of $2 billion in trust preferred securities, the Wall Street Journal reports.
  • The Dow gained 2.95 points to close at 10,567.33.
  • The Nasdaq added 18.
...

Dow Up 12; Day's Gains Fizzle
 Dow Up 12; Day's Gains Fizzle 
MARKETS
Mar 9, 2010 3:20 PM CST

Dow Up 12; Day's Gains Fizzle

Merck drops on health-care uncertainty

(Newser) - Stocks lost hold of the day's gains as investors pulled out of commodity producing stocks. Alcoa led Dow lower with a 1.3% decline, the Wall Street Journal reports.
  • The Dow gained 12 points to close at 10,564.
  • The Nasdaq rose 8 points, closing at 2,341.
  • The S&
...

Dow Falls 14; Cisco Boosts Tech
 Dow Falls 14; 
 Cisco Boosts Tech 
MARKETS
Mar 8, 2010 3:22 PM CST

Dow Falls 14; Cisco Boosts Tech

Low-volume day 'slowest of the year,' Miller Tabak strategist says

(Newser) - Cisco Systems led the tech sector ahead of a major announcement tomorrow, but the rest of the markets dragged today as investors tried to gauge the state of the global economy, the Wall Street Journal reports.
  • The Dow lost 13.68 points to close at 10,552.52.
  • The Nasdaq
...

Dow Up 122 on Jobs Report
 Dow Up 122 on Jobs Report 
MARKETS
Mar 5, 2010 3:19 PM CST

Dow Up 122 on Jobs Report

Unemployment rate holds at 9.7%

(Newser) - A better-than-expected jobs report fueled a rally in stocks to close out the week. Nonfarm payrolls fell by 36,000 in February, far less than the predicted level of 75,000, the Wall Street Journal reports.
  • The Dow gained 122.06 points to close at 10,566.20.
  • The Nasdaq
...

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