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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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Even as a Correction Looms, Investors Aren’t Getting Scared – Wall Street

Posted on: August 20th 2009 in Market News.

While most investment advisors are expecting a fairly substantial stock correction in the coming weeks, few are particularly frightened about the prospect. In fact, the prevailing sentiment among market pros is that investors should be holding steady in their positions or even adding in …

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Stocks drop as investors worry about consumers – Wall Street

Posted on: August 14th 2009 in Market News.

Stocks retreat after 2 days of gains as investors worry consumers will hurt economy’s recovery NEW YORK (AP) — The fear on Wall Street is that nervous consumers are going to short-circuit the economic recovery. Stocks fell sharply Friday after investors were disappointed by…

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Fed more hopeful on economy; holds record low rate – Wall Street

Posted on: August 13th 2009 in Market News.

Fed signals end of government debt-buying program; keeps key bank lending rate at record low WASHINGTON (AP) — The Federal Reserve delivered a vote of confidence in the U.S. economy Wednesday, saying it would slow the pace of an emergency rescue program as the recession appears to…

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Stock futures modestly lower ahead of opening – Wall street

Posted on: August 10th 2009 in Market News.

NEW YORK (AP) — Stock futures were modestly lower early Monday as investors turn their attention to an upcoming Federal Reserve Board meeting and earnings from some of the nation’s largest retailers. Overseas, Asian markets rose amid a positive report on Japanese machinery or…

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Wall St hit by caution before July jobs data

Posted on: August 7th 2009 in Market Outlook.

NEW YORK (Reuters) – Stocks fell on Thursday as investors turned cautious before the government’s crucial July jobs report, and took profits after a recent rally. The Dow Jones industrial average (DJI:^DJI – News) slipped 24.71 points, or 0.27 percent, to end unofficial…

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Morgan Stanley posts 2Q loss of more than $1.2B

Posted on: July 23rd 2009 in Press Releases.

NEW YORK (AP) — Morgan Stanley said Wednesday it lost more than $1.2 billion in the second quarter as it took charges to cover continuing losses in its real estate investments and its repayment of government bailout money. The investment bank said Wednesday it was also hurt for a s…

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Big tech earnings week will reveal economic trends – Wall Street

Posted on: July 19th 2009 in Press Releases.

SEATTLE (AP) — The technology sector is often talked about as if it were a unified front, an easy-to-define monolith. People say technology stocks rose or technology stocks fell. Tech helped drive a huge boom in the 1990s, and when that collapsed in 2001, tech contributed to the las…

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Strong results at Intel pull stocks sharply higher – Wall Street

Posted on: July 15th 2009 in Market News.

NEW YORK (AP) — Investors are betting on the economy again. Strong earnings and an upbeat forecast from Intel Corp. pulled investors into the stock market Wednesday as hopes grew that the economy could be starting to recover. The chip maker’s results signal that computer sale…

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Stock futures rise on hopes for economy – Wall Street

Posted on: July 15th 2009 in Press Releases.

NEW YORK (AP) — Investors who have been looking for signs the economy is on the mend are pushing stock futures higher Wednesday in the wake of better-than-expected earnings reports from Intel and Goldman Sachs. The upward move ahead of the market opening in New York followed gains …

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