S&P 500 – News Stories About S&P 500 - Page 68

Mar 21, 2008 3:10 PM CDT

Why Close the Markets Today?

Observing Good Friday one reason; superstition about 1907 panic another

(Newser) - The Big Board is closed today—but the reason is open to some debate, Bloomberg reports. The last time the markets opened on Good Friday was 101 years ago, when they saw one of two huge crashes that made up the Panic of 1907. Fear of repeating that catastrophe may...

Dow Jumps 261, Ends Week Up

MARKETS

Mar 20, 2008 3:54 PM CDT

Dow Jumps 261, Ends Week Up

Eased worries on liquidity nearly erase yesterday's dive

(Newser) - Stocks enjoyed a steady rally today off of surprisingly good manufacturing data and renewed investor confidence in Fannie and Freddie Mae, achieving the first weekly gain in a month, since the market is closed tomorrow, the Wall Street Journal reports. The Dow rose 261.66 points, ending at 12,361....

Stocks Rebound, Countering Selloff in Financials

Market Update

Mar 17, 2008 10:17 AM CDT

Stocks Rebound, Countering Selloff in Financials

Bear Stearns buyout sends JP Morgan up, Lehman Brothers down

(Newser) - Stocks steadied after steep early morning losses today, with the Dow actually rising 1.06 points by mid-morning, the Wall Street Journal reports. But financials were still down big, as the Bear Stearns fire sale loomed large over the market. Lehman Brothers, down 22%, was hit the worst, other than...

Bear Bailout Invites the Bears

MARKETS

Mar 14, 2008 3:40 PM CDT

Bear Bailout Invites the Bears

Financial sell-off follows Fed's move, sends markets plummeting

(Newser) - News of the Bear Stearns bailout triggered a sell-off today as investors were reminded that the true depth and breadth of current credit problems remains uncertain, the Wall Street Journal reports. Bear Stearns stock closed at 30, down a breathtaking 47.4% on the day. The Dow fell 194.65...

Stocks Rally After Big Losses

MARKETS

Mar 13, 2008 4:01 PM CDT

Stocks Rally After Big Losses

Dow gains for the second straight day

(Newser) - Stocks rallied in the afternoon to recover big early losses, buoyed by a prediction from Standard & Poors that the end was in sight for banks' subprime writedowns. The Dow—at one point down more than 230 points—finished up 35.5 points to close at 12,145.74, MarketWatch...

Financials, $108 Oil Sink Stocks

MARKETS

Mar 10, 2008 3:49 PM CDT

Financials, $108 Oil Sink Stocks

Crude shatters record price; recession fears prevail

(Newser) - US stocks fell today for a third consecutive day as fears of recession continued to spread, MarketWatch reports. With Ambac’s revival uncertain and Countrywide facing a possible securities fraud probe, shares of both financial giants plummeted, pressuring the overall market downward. The Dow lost 153.54 to close at...

Dow Falls 146, Sinks Below 12K

MARKETS

Mar 7, 2008 4:19 PM CST

Dow Falls 146, Sinks Below 12K

'A darned good imitation' of a recession

(Newser) - The markets seesawed and ultimately saw losses today as news of a bank boost by the Fed couldn't outweigh the Labor Department's grim February jobs report. The Dow lost 146.70, closing at 11,893.69, and the S&P 500 fell 10.97 to 1,293.37. The Nasdaq...

Dow Plummets 214 Points

MARKETS

Mar 6, 2008 3:44 PM CST

Dow Plummets 214 Points

Market ends at its lowest level in 18 months

(Newser) - The markets fell sharply today as the dollar hit a fresh low against the euro, oil prices hit a fresh high, and more bleak news on the housing front came to light, MarketWatch reports. The Dow plummeted 214.6 points to settle at 12,040.39, its lowest level in...

Early Rally Falls Flat, Recovers

MARKETS

Mar 5, 2008 3:39 PM CST

Early Rally Falls Flat, Recovers

Stocks creep back up after a hit from Ambac plan

(Newser) - After an early rally, stocks fell after being hit with news on Ambac Financial's restructuring plan, but then regained some of the lost territory by the closing bell. Shares fell after Ambac said that instead of a bailout plan, it would raise money through a sell-off and restructuring, reports CNNMoney....

Stocks Recover After Big Losses

MARKETS

Mar 4, 2008 3:49 PM CST

Stocks Recover After Big Losses

Talk of Ambac bailout leads to late rally

(Newser) - News of an impending bailout for bond insurer Ambac helped the markets recover from steep losses and end today's session down only slightly, MarketWatch reports. Down by 200 points at 2:30, the Dow closed only 45.10 down, ending at 12,213.80. The Nasdaq rose 1.68 to...

Municipalities Challenge
Bond Ratings

Mar 3, 2008 12:20 PM CST

Municipalities Challenge Bond Ratings

Local officials say double standard cheats taxpayers

(Newser) - City and state officials are mounting a rebellion against bond rating firms they say are siphoning off billions of taxpayer dollars by giving them unfairly low credit ratings, the New York Times reports. Even though municipal bonds are generally safer than those issued by corporations, municipalities get lower credit scores,...

Tanking Dow Drops 315 Points

MARKETS

Feb 29, 2008 3:15 PM CST

Tanking Dow Drops 315 Points

Huge AIG, Dell losses spark sell-off

(Newser) - The Dow lost an incredible 315.79 points today to close at 12,266.39 as AIG reported the biggest losses in its history and bellwether Dell reported a year-over-year fourth-quarter profit decline of 6%. The Nasdaq slipped 60.09 to 2,271.48, and the S&P 500 lost...

Stocks Tumble on Weak Data

MARKETS

Feb 28, 2008 3:56 PM CST

Stocks Tumble on Weak Data

Dow drops 112 points on sluggish growth, rising jobless claims

(Newser) - Stocks fell more than they had in a week today amid reports of sluggish economic growth, rising jobless claims, and fears of failing banks, Bloomberg reports. The Dow fell 112.10 points to 12,582.18, the Nasdaq fell 22.21 points to 2,331.57, and the S&P...

Stocks Surge in Late Comeback

MARKETS

Feb 22, 2008 3:47 PM CST

Stocks Surge in Late Comeback

Depressing day reverses on news of possible Ambac bailout

(Newser) - Traders faced heavy losses across the board today until a late rally on news of a possible bailout for a major bond insurer sent prices soaring to gains, MarketWatch reports. The Dow rose 96.72 points to close at 12,381.02, the Nasdaq gained 3.57 points to 2,...

Stocks Bearish on Factory Data

MARKETS

Feb 21, 2008 3:45 PM CST

Stocks Bearish on Factory Data

Dow drops nearly 143 points on weak manufacturing news

(Newser) - Energy and industrial shares led the markets on a decline that saw all the major indexes fall more than 1%, MarketWatch reports. A drop in oil prices hurt energy stocks, and the Philadelphia Federal Reserve said regional manufacturing had contracted. The Dow fell 142.96 points to 12,284.30,...

Market Up After Seesaw Session

MARKETS

Feb 20, 2008 3:45 PM CST

Market Up After Seesaw Session

Investors shrug off inflation; sluggish growth seen

(Newser) - The Dow rose 90.04 points to 12,427.26 today in roller-coaster trading despite rising fears of inflation, MarketWatch reports. US consumer prices rose 0.4% last month in what one investment officer called “a nagging problem for the Fed.” The Nasdaq climbed 20.90 to 2,...

Stocks Mixed on Bad Tidings

MARKETS

Feb 15, 2008 3:55 PM CST

Stocks Mixed on Bad Tidings

Dow, Nasdaq dip slightly amid more recession fears; S&P ticks up

(Newser) - The markets ended a blustery week today with a session of light losses and minor gains on bad economic news from retail and manufacturing, MarketWatch reports. The Dow fell 28.77 to 12,348.21, and the Nasdaq fell 10.74 to 2,321.80. The S&P 500 capitalized...

Stocks Sink on Fed Comments

MARKETS

Feb 14, 2008 3:46 PM CST

Stocks Sink on Fed Comments

Bernanke sees weak growth because of credit trouble

(Newser) - The markets fell today after three days of growth as the Fed warned that continuing credit trouble will restrain the economy and several top brokerage firms saw their earnings estimates reduced, MarketWatch reports. The Dow slid 175.26 points to 12,376.98, the Nasdaq dropped 41.39 to 2,...

Stocks Rise Despite Bad Vibes

MARKETS

Feb 7, 2008 3:30 PM CST

Stocks Rise Despite Bad Vibes

Dow reverses three-day decline

(Newser) - The Dow climbed 46.90 points to 12,247 in the face of bad news, ending a seesaw day up and breaking a three-day slump. Existing homes sales fell 1.5% in December, and tech bellwether Cisco reported weaker third-quarter growth than expected, but prices were low enough to stave...

Market Plunges 370 Points

MARKETS

Feb 5, 2008 4:12 PM CST

Market Plunges 370 Points

Richmond Fed president's use of 'R' word spooks investors

(Newser) - The markets fell more today than they had in 11 months in the wake of news that the service industry contracted in January and remarks by the Richmond Fed president on the growing risk of recession, Marketwatch reports. The Dow plummeted 370.03 to 12,265.13, the Nasdaq 73....