stock market – News Stories About stock market - Page 152

MARKET opener

Oct 24, 2008 8:54 AM CDT

Stocks Take Early Plunge

(Newser) - Stocks took a big plunge at the open today, with the Dow down 411 points, after a morning that saw Dow and S&P futures fall so far that trading was halted. Driving the pessimism were similar plunges overseas, with the Nikkei down 9.6%, and London’s FTSE down...

Asian Markets Mauled

UPDATED

Oct 24, 2008 2:11 AM CDT

Asian Markets Mauled

Markets across Asia plummet to multi-year lows amid intractable recession fears

(Newser) - Asian markets took a hammering today for the third day in a row as investors looked ahead and saw nothing but gloom, Marketwatch reports. The Nikkei index nosedived 9.6% to a five-year low. Indexes in Hong Kong, South Korea, China, Taiwan, and Australia all sank to multi-year lows. Analysts...

Stocks Rise Despite Job Woes

MARKETS

Oct 23, 2008 8:58 AM CDT

Stocks Rise Despite Job Woes

But a modest hit

(Newser) - Stocks got a modest bump at the opening bell today despite an ugly job report, as mixed earnings clouded the waters. The Dow rose 69 points, while the S&P and Nasdaq rose 0.7% and 0.5% respectively. Jobless claims took an unexpected spike last week, and the Wall ...

Sour Earnings Sink Stocks

MARKET opener

Oct 22, 2008 8:51 AM CDT

Sour Earnings Sink Stocks

Recession fears keep bears growling

(Newser) - Recession fears kept bears roaring today, as the Dow shed 230 points at the open on a spate of lousy third-quarter results. Wachovia posted a staggering $23.9 billion loss to lead a group of five gloomy blue chip reports, the Wall Street Journal reports. “We’ve seen a...

Stocks Dive on Poor Profits

MARKET open

Oct 21, 2008 8:51 AM CDT

Stocks Dive on Poor Profits

But as ever, trust this move as far as you can throw it

(Newser) - Downbeat earnings put the kibosh on yesterday’s outbreak of optimism on Wall Street, sending stocks down at the open. The Dow dropped 107 points, while the Nasdaq and S&P fell 1.7% and 1.4% respectively, the Wall Street Journal reports. Dow components DuPont, Caterpillar, and Pfizer all...

Wall Street's Fear Index
Hits a Record High

Oct 20, 2008 11:24 AM CDT

Wall Street's Fear Index Hits a Record High

VIX, measuring volatility in markets, hit highest level in 15-year history Friday

(Newser) - A little known “fear index” that measures volatility in stock prices over 30 days has risen to prominence—and to off-the-charts numbers—as traders try to predict the market’s big swings, reports the New York Times. When the VIX climbs, it’s a sign market action is about...

Markets Rise as Credit Eases

MARKETS

Oct 20, 2008 8:46 AM CDT

Markets Rise as Credit Eases

Volatility probably ahead; oil prices up, too

(Newser) - Stocks rose at the open today, as investors saw signs the credit markets are easing, the Wall Street Journal reports. The Dow rose 104 points, while the Nasdaq and S&P saw modest 1.5% and 1.2% bumps, respectively. Stocks in Europe and Asia generally rose as well. We...

Time Is
Ripe to Pass
Cash to Heirs

Your money

Oct 18, 2008 12:05 PM CDT

Time Is Ripe to Pass Cash to Heirs

Struggling market can help you avoid paying estate tax

(Newser) - Sinking stocks offer a window of opportunity when it comes to passing your money on to heirs without incurring huge taxes, Anne Tergesen writes in the Wall Street Journal. Transferring struggling assets to the next generation can mean a big payoff for the heirs when conditions improve—without the estate...

Stocks Plunge on Housing Data

MARKETS

Oct 17, 2008 8:50 AM CDT

Stocks Plunge on Housing Data

Volatile day ahead

(Newser) - Stocks dropped today at the open, after a dour housing report reaffirmed market pessimism. But the day is expected to be a volatile one, the Wall Street Journal reports, after yesterday’s wild session. The Dow dropped 221 points at the bell, with the S&P and Nasdaq dropping 2....

Why Midafternoon
Brings Out the Bears

analysis

Oct 16, 2008 12:50 PM CDT

Why Midafternoon Brings Out the Bears

Wall Street is facing one of its worst bear markets since World War II

(Newser) - An increasingly familiar Wall Street phenomenon—a three-digit swing in the Dow, usually down, in the final hour of trading—is a direct result of population growth in one species: bears. Margin calls are forcing panicked sell-offs, it's true, but the situation is more complicated than that, experts tell...

Stocks Reverse Gains, Dive

MARKETS

Oct 16, 2008 10:49 AM CDT

Stocks Reverse Gains, Dive

After early surge, Dow drops 300

(Newser) - Stocks reversed their early gains to plunge downward today, with the Dow dropping as much as 324 points, the Wall Street Journal reports, after being up 140 earlier in the morning. The S&P was down 1.9%, thanks largely to a 6% slide in its consumer-staples sector, while the...

Stocks Gain at Open After Yesterday's Plunge

MARKETS

Oct 16, 2008 8:57 AM CDT

Stocks Gain at Open After Yesterday's Plunge

...And if you have faith that the story won't change by 4:30, you probably fell hard for that 'bridge in Brooklyn' bubble

(Newser) - Stocks saw a modest bounce at the open this morning, with the Dow up 42 points after a half-hour, following yesterday’s titanic losses, the Wall Street Journal reports. The S&P and Nasdaq rose 0.5% and 1.32% respectively. Panic was staved off by some sound economic data,...

Panic Has Passed,
but We Haven't Hit Bottom

Analysis

Oct 15, 2008 11:00 AM CDT

Panic Has Passed, but We Haven't Hit Bottom

Get ready for a long recession

(Newser) - The most panicky phase of the global financial crisis is likely over, thanks to the combined efforts of the world’s governments, writes Steven Pearlstein in the Washington Post. But don’t “confuse this moment of calm with a stock market bottom or a sign that a serious recession...

Stocks Trip Over Bad Econ Data

MARKETS

Oct 15, 2008 9:02 AM CDT

Stocks Trip Over Bad Econ Data

Good results from Coke, JP Morgan drowned out

(Newser) - The bears came out on Wall Street this morning, sending the Dow down 181 at the bell, as a host of negative economic reports drowned out some positive third-quarter results. Retail sales were worse than expected in September, and several other indexes showed manufacturing activity down. The S&P and...

Credit Markets Show
Signs of Thaw

Oct 15, 2008 7:43 AM CDT

Credit Markets Show Signs of Thaw

But experts warn that the credit market remains tight, and may not ease for months

(Newser) - The government’s move to take stakes in major banks has finally succeeded in easing some of the panic that’s locked up credit markets, reports the Wall Street Journal. Corporate-bond values rose and commercial paper began trading at lower rates, giving hope that the intervention is working, though experts...

Global Stocks Skid
Amid Recession Fears

Oct 15, 2008 5:40 AM CDT

Global Stocks Skid Amid Recession Fears

New rash of selling in Europe and Asia despite mammoth bailout packages

(Newser) - The global market rally lost steam today as fears of a deepening recession prompted investors to resume looking for cover after profit taking—despite more than $2 trillion being pledged by governments to help thaw frozen credit markets, reports Bloomberg. Markets closed lower in Hong Kong, Seoul and Sydney. London,...

Stocks Jump 350+ at Open

MARKETS

Oct 14, 2008 8:53 AM CDT

Stocks Jump 350+ at Open

Dow up nicely again

(Newser) - Stocks were up once again today at the open, as investors cheered the government’s latest rescue moves. The Dow rose 363, while the Nasdaq and S&P rose 2.2% and 3.7% respectively, the Wall Street Journal reports. American stocks were again following on the heels of recoveries...

Nikkei Up 14% in Record Rally

Oct 14, 2008 1:59 AM CDT

Nikkei Up 14% in Record Rally

Bank support plans boost Japan's index to biggest gain in its history

(Newser) - The Nikkei surged over 14% on the news that the US and Europe will buy up stakes in troubled banks, Bloomberg reports. The index's biggest gain in history follows its biggest loss in its history last week. Japan's markets were closed for a holiday yesterday when global indexes soared. Hong...

Following Herd Out of Market Will Sting in Long Run

OPINION

Oct 13, 2008 11:24 AM CDT

Following Herd Out of Market Will Sting in Long Run

No reason stocks won't be back: economist

(Newser) - Ready to pull the plug on the stock market and put all of your money under the mattress? Princeton economics professor Burton Malkiel writes in the Wall Street Journal that you’ll be better off riding out the storm. “No one has consistently made money by selling America short,...

Dow Rises 400 at Open

MARKETS

Oct 13, 2008 8:44 AM CDT

Dow Rises 400 at Open

Market could be recovering

(Newser) - Stocks took a big jump in the right direction this morning, reassured by worldwide efforts to prop up the banking system, the Wall Street Journal reports. The Dow rose more than 400 points at the bell, with the S&P and Nasdaq rising 4.4% and 4.7% respectively. The...