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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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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 little changed ahead of Fed meeting – Wall Street

Posted on: August 11th 2009 in Market News.

Stock futures little changed as Federal Reserve begins meeting; productivity surges NEW YORK (AP) — Stock futures are little changed Tuesday as the Federal Reserve begins a two-day meeting that could provide new signs into how the economy is faring. A new report showing industria…

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Weak economic data puts stock market rally on hold

Posted on: August 6th 2009 in Market News.

Wall Street rally goes on hold after report of weakening business at service companies NEW YORK (AP) — Wall Street’s summer rally is on hold as reminders of the economy’s weakness give investors reason to take some profits. Stocks fell moderately Wednesday after an un…

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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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Wall Street Jumps as Analyst’s Comments Lift Financials

Posted on: July 14th 2009 in Press Releases.

NEW YORK (AP) — Investors are betting that strength in banks will flow to the rest of the economy. Rising financial stocks are pulling the market higher Monday after an influential banking analyst raised her rating on Goldman Sachs Group Inc., which reports earnings Tuesday. Analys…

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Bank confidence, data push Wall St higher

Posted on: May 9th 2009 in Press Releases.

NEW YORK (Reuters) – U.S. stocks rose on Friday, and the Nasdaq capped its longest stretch of weekly gains in a decade as stress test results and reassuring jobs data fueled hopes the worst is over for banks and the economy. …

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Stocks jump as fears ebb about bank ‘stress tests’ – Wallstreet

Posted on: May 7th 2009 in Press Releases.

NEW YORK (AP) — Investors felt more confident putting their money into banks on the eve of a government report card on big financial companies. Bank stocks pulled the market higher Wednesday as …

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S&P tops 900 as Wall Street rallies

Posted on: May 5th 2009 in Press Releases.

NEW YORK (Reuters) – Stocks extended gains on Monday, driving the benchmark S&P 500 (^SPX – News) back above the psychologically important 900 level for the first time since early January …

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Reversal in bank stocks lifts overall market – Wall Street

Posted on: April 21st 2009 in Press Releases.

NEW YORK (AP) — A reversal in bank stocks pulled the market higher Tuesday after Treasury Secretary Timothy Geithner told Congress that some banks could be allowed to repay financial bailout funds. Geithner said the decision on repayments would be left to bank regulators and that …

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