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Dow Hits All-Time High

Posted on: March 5th 2013 in Market News.

In the face of great skepticism and a laundry list of reasons why it shouldn’t be happening, the Dow Jones Industrial Average (^DJI) burst higher in early trading today, eclipsing the previous closing high of 14,164 set on October 9, 2007. As it stands, the DJIA is also trading abov…

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Wall Street Hit by Worries on Economy, Greece but recovers from days low

Posted on: February 26th 2010 in Market News.

Stocks fall on renewed concerns about economy Market drops on concerns that weak US job market, Greece debt woes will stall economic rebound By Tim Paradis and Stephen Bernard, AP Business Writers , On Thursday February 25, 2010, 3:22 pm NEW YORK (AP) — The stock market regaine…

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Stocks retreat after disappointing consumer report – Wall Street

Posted on: February 24th 2010 in Market News.

Stocks pull back in afternoon trading after worse-than-expected consumer confidence report By Stephen Bernard, AP Business Writer , On Tuesday February 23, 2010, 2:47 pm NEW YORK (AP) — The stock market pulled back Tuesday after a surprising drop in consumer confidence reminded …

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Fed keeps rates steady, tone brighter – Wall Street

Posted on: January 28th 2010 in Market News.

By Mark Felsenthal and Pedro da Costa WASHINGTON (Reuters) – The Federal Reserve voiced a cautious note of optimism on the U.S. economy on Wednesday as it stuck to its pledge to keep interest rates near zero for a while to ensure a sustainable recovery. The policy statement reflec…

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Stocks fall on China lending curb, IBM outlook – Dow down 200

Posted on: January 20th 2010 in Market News.

By Rodrigo Campos NEW YORK (Reuters) – U.S. stocks were having their worst day of 2010 on Wednesday as lending restrictions in China worried investors about the global economic recovery, while a conservative outlook from IBM weighed down technology shares. Official media and banki…

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Dow, S&P dip on banks, energy

Posted on: December 3rd 2009 in Market News.

NEW YORK (Reuters) – The Dow and S&P slipped on Wednesday, pressured by the financial and energy sectors, although the Nasdaq rose on positive news on online retailers such as Amazon. Investors also weighed mixed news on the labor market. Stocks pared early gains on concerns …

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Stronger dollar, weak economic data pummels stocks – WallStreet

Posted on: November 20th 2009 in Market News.

Rising dollar, weak economic data drags stocks lower; Dow gives up more than 135 points NEW YORK (AP) — A stronger dollar and more discouraging signs of a subdued economic recovery triggered a broad sell-off in stocks. Major indexes tumbled more than 1 percent Thursday, including …

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US stocks down on recovery concerns

Posted on: October 29th 2009 in Market News.

US markets are trading lower on concerns over the pace of economic recovery following an unexpected decline in new home sales and overall consumer sentiments.. New home sales slid 3.6 percent in September to 402,000 from 417,000 in August, well below the 440,000 analysts had forecast. …

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Stocks End Sharply Lower on First Day of Q4; Dow Down 200 Points

Posted on: October 2nd 2009 in Market News.

Yahoo Finance: Stocks tumble on disappointing reports on manufacturing, unemployment; Dow slides 203 points NEW YORK (AP) — Stocks began the fourth quarter with a slide as pessimism about the economy gripped investors. The Dow Jones industrial average and the Standard & Poor&…

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Wall Street Drops on Recovery Worry, RIM Results

Posted on: September 26th 2009 in Market News.

NEW YORK (Reuters) – U.S. stocks fell for a third straight day on Friday on disappointing housing and durable goods data, while Research In Motion’s lackluster results dented optimism about technology spending. Economic reports showed that new orders for long-lasting U.S. man…

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