stock market – News Stories About stock market - Page 159

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,...

Markets Drop
as KKR Unit Delays Payment

Feb 20, 2008 7:21 AM CST

Markets Drop as KKR Unit Delays Payment

Concern about liquidity in the US has investors selling off in Asia

(Newser) - Asian stocks slumped today after reports in the Financial Times that a struggling arm of private equity heavyweight Kohlberg Kravis Roberts. missed a second payment on billions of dollars of commercial debt just 6 months after two of its founders poured $270 million into the company. Investors cashed out as...

$100 Oil Extinguishes Rally

MARKETS

Feb 19, 2008 4:11 PM CST

$100 Oil Extinguishes Rally

After three-digit gain, the Dow ends down

(Newser) - After three-digit Dow gains, today's record surge in oil prices knocked out a broad rally, and the major indexes closed in the red. Analysts say the market won't be able to sustain a prolonged rally for some time. "The rallies we're seeing now are just bounces, not a new...

Techs Keep the Rally Going

MARKETS

Feb 13, 2008 3:30 PM CST

Techs Keep the Rally Going

Surge in demand for Applied Materials gives market a boost

(Newser) - Stocks rose for a third straight day today, spurred in part by a big tech rally and healthy retail sales at gas stations, Bloomberg reports. Big advances at Applied Materials, which makes superconductor equipment, led the tech gains. "The rally could last," said one analyst. "We see...

Buffett's Offer Cheers Investors

MARKETS

Feb 12, 2008 3:40 PM CST

Buffett's Offer Cheers Investors

Stocks end mixed as billionaire offers to reinsure bonds

(Newser) - Stocks ended mixed today, with the Dow up more than 100 points on Warren Buffet's offer to reinsure municipal bonds. "The important thing is that people are thinking we're now close to some kind of broader bailout of the bond insurers," an economist told the Wall Street Journal....

Stocks Climb Out of a Hole

MARKETS

Feb 11, 2008 3:44 PM CST

Stocks Climb Out of a Hole

Dow edges back up after AIG-sparked plummet

(Newser) - Stocks climbed to post modest gains today after a plunge early in the session. Financials fell early after AIG said its credit-derivatives portfolio lost $4.88 billion, significantly more than the company had estimated in December, reports the Wall Street Journal. The Dow closed up 57.88 at 12,240....

Rally Fizzles on Inflation Fears

MARKETS

Feb 6, 2008 3:26 PM CST

Rally Fizzles on Inflation Fears

Comments by Fed official dampen spirits

(Newser) - An early rally fizzled late over inflation fears, and stocks ended down today. The Philly Fed chief raised inflation worries when he said the Fed had to concentrate on "price stability" when considering future rate cuts, the Wall Street Journal reports. The Dow fell 65.03 to 12,200....

Banks Falter; Stocks Get Sacked

MARKETS

Feb 4, 2008 3:56 PM CST

Banks Falter; Stocks Get Sacked

Financial downgrades hit the market where it hurts

(Newser) - Stocks fell today on a spate of analyst downgrades of banks and credit-card issuers. American Express, Discover Financial, and Capital One were all hit with downgraded ratings by UBS, reports the Wall Street Journal. The Dow fell 108.03 at 12,635.18, the Nasdaq 30.51 at 2382.85,...

European Markets Open Higher as
Asia Rallies

Feb 4, 2008 7:33 AM CST

European Markets Open Higher as Asia Rallies

Street's positive close has investors upbeat

(Newser) - European markets opened higher on the heels of a mining and technology stock rally in Asia and a positive close on Wall Street Friday, reports the AP. China's benchmark Shanghai Composite Index surged 8.1%, in part on news in state-run papers that the snow emergency in China was overblown....

Another Day, Another Rally

MARKETS

Jan 29, 2008 3:43 PM CST

Another Day, Another Rally

Good news comes late in the day as rate-cut hopes persist

(Newser) - Stocks rose for a second straight session today thanks to a late rally. Flagging techs dragged down the markets initially, but then got a boost from a cheerful report on durable goods orders on the first day of the Fed meeting, reports CNNMoney. The Dow climbed 96.41 to 12,...

Errant iPhones? No Big Deal, Analyst Says

OPINION

Jan 28, 2008 8:41 PM CST

Errant iPhones? No Big Deal, Analyst Says

Apple profits can withstand unaccounted for gadgets without loss

(Newser) - An estimated 1.4 million iPhones that have been either inventoried or clandestinely unlocked may not pose a significant threat to techno-juggernaut Apple's overall profit. The "missing" phones could force stock prices to dip, "but if you look at Apple," reassures analyst Ezra Gottheil, "It's solidly...

Stocks Up on Rate-Cut Hopes

MARKETS

Jan 28, 2008 3:48 PM CST

Stocks Up on Rate-Cut Hopes

Investors look for grim housing numbers to lead to a cut

(Newser) - Stocks finished in positive territory today, riding hopes that grim new housing numbers will lead the Fed to cut interest rates this week. "The main event for the week will be the Fed-rate decision on Wednesday," a strategist tells MarketWatch. The Dow was up 176.72 to 12,...

Stocks Rally on Stimulus News

MARKETS

Jan 24, 2008 3:57 PM CST

Stocks Rally on Stimulus News

Dow rises 108 points as Bush, Congress announce plan

(Newser) - Stocks enjoyed growth for a second consecutive day as the announcement of Congress’ economic stimulus plan raised investor confidence already bolstered by this week's rate cut by the Fed, the Wall Street Journal reports. Though jittery throughout the day, the Dow mounted a late rally to end up 108.44...

Markets Roar Back After Slide

MARKETS

Jan 23, 2008 3:34 PM CST

Markets Roar Back After Slide

Dow starts down 300 points, ends up 300 points

(Newser) - Stocks roared back today after their initial slide, with the Dow ending up nearly 300 points as markets closed after plunging more than 300 points when they opened. Still, recession fears are far from banished. "The broader issues that are troubling this market are going to be with us,...

Stocks Struggling
After Early Skid

UPDATED

Jan 23, 2008 8:50 AM CST

Stocks Struggling After Early Skid

Tech sector starts with a whimper as Apple earnings come in lower than hoped

(Newser) - Stocks continued their downward march today, with the Dow off 139.41 points by midmorning, up from a 228.75-point dive at the opening bell. Seeming to shrug off yesterday’s huge emergency rate cut from the Fed, investors are acting on fears of recession, and focusing on disappointing...

No Worm in Apple, Yet
Stock Falls

Jan 22, 2008 10:23 PM CST

No Worm in Apple, Yet Stock Falls

Record-high $1.5B earnings fail to placate nervous investors

(Newser) - Despite reporting record-high earnings, Apple saw its stocks fall more than 11% after the market closed today, the New York Times reports. Apple's lowered 2nd quarter earning expectations may have sparked the drop, analysts say, unless investors are anxious about the high-end electronics market in general as the US economy...

Advice Amid Market Turmoil:
Don't Panic!

Jan 22, 2008 12:55 PM CST

Advice Amid Market Turmoil: Don't Panic!

Ride out the storm and hang on to your 401k, experts say

(Newser) - If you’re watching today’s economic news with trepidation, financial experts want you to take a deep breath. “This is not the beginning of the end,” said one analyst. “If you’re going to invest in stocks, this kind of volatility comes with the territory.”...

Europe Sees Biggest Stock Plunge Since 9/11

Jan 21, 2008 4:10 PM CST

Europe Sees Biggest Stock Plunge Since 9/11

US futures drop, adding to fears for domestic markets

(Newser) - Amid continuing concerns about a US recession, European stocks took their biggest single-day plunge since 9/11 today, reports MarketWatch. Losses from financial institutions appeared to be the biggest culprit in the day's 5.4% drop, which added to a crippling trend: The Dow Jones Stoxx 600 index has dropped 23%...

Stocks Teeter on Oil News

MARKETS

Jan 16, 2008 3:42 PM CST

Stocks Teeter on Oil News

Some wonder if Fed might offer rate cut before month's end

(Newser) - Stocks ended slightly down today partly in response to falling oil prices, which could provide a possible jump-start for consumer spending, the Wall Street Journal reports. "Considering that oil was near $100 not too long ago, this is a big move," one trader said. The Dow ended down...

Citigroup Woes Sink Stocks

MARKETS

Jan 15, 2008 3:31 PM CST

Citigroup Woes Sink Stocks

Bleak retail numbers also contribute to steep decline

(Newser) - Stocks plunged today on news of Citigroup's big losses and surprisingly poor retail numbers. This is the worst start to a year by the S&P 500 since 1978, reports Bloomberg. "There seems to be no end of bad news,'' says one exec. The Dow was down 277....