Feeds
Dow Jones & Co. said Thursday it is selling its one-third stake in its Stoxx Ltd. unit for $309 million.
Investors kept the stock market's upward momentum going Monday, sending shares sharply higher after retail sales rebounded more than expected in October and the dollar extended its slide. Major stock indexes rose more than 1 percent to new 13-month highs, including the Dow Jones industrial average, which jumped 136 points. The Standard & Poor's 500 index closed above the 1,100 mark for the first time in more than a year.
Asian markets were mostly lower Friday amid investor uncertainty about the global outlook after Wall Street fell on weak energy demand.
Another weak day for the dollar and upbeat economic news from China gave investors more reason to keep buying stocks.
The Dow Jones industrial average stormed to its highest level in more than a year Monday as a falling dollar boosted prices for commodities including gold and oil. Stocks also jumped as investors grew more confident that governments around the world will keep interest rates low to help the global economy. Energy and materials stocks led the market.
Stocks ended higher but well off their best levels of the day as volatility continued to tug at the market. Stocks jumped early Monday after strong reports on manufacturing and housing but were fluctuating by the afternoon. The Dow Jones industrial average ended up 77 points after being up as much as 146 points. The market has been volatile in recent days as investors try to determine whether the bets they've been placing on a rebound in the economy over the past several months are still sound.
Investors dumped stocks and locked in profits Friday after the glow of a week full of strong earnings reports faded. The retreat came as cautious forecasts from railroads caused unease about the economy and a rising dollar pushed prices of commodities lower, which hurt materials and energy stocks. Traders appeared eager to collect gains after stock indexes rose more than 6 percent in the three weeks leading into Friday.
The Dow Jones industrial average is back above 10,000 for the first time in a year as investors bet the economy is indeed recovering from the financial crisis and recession.
Stocks ended a strong week with a flash of selling after Bank of America Corp. and General Electric Co. signaled that businesses and consumers are still struggling to pay off their debts. Stocks slid Friday as results from the companies dented hopes that earnings would show strong signs of improvement in the July-September period. A rise in oil also helped the market end well off its lows, following a similar pattern from earlier in the week.
The stock market is pointing to a higher open as investors await companies' earnings reports for clues about consumers' mood and the economy's health.
A year ago this weekend, the Dow Jones industrial average had just finished a slow-motion crash. Over eight days, it fell 2,400 points, or 22 percent, and stood at 8,451.
Johnson & Johnson, the world's biggest healthcare company and a Dow Jones industrial average component, reports earnings for the third quarter Tuesday morning. Here's a summary of key developments and analyst opinion related to the period.
European stock markets rose modestly Friday after another strong finish on Wall Street, with more U.S. earnings reports expected to drive market sentiment later in the day.
The stock market is keeping its momentum going, giving shares their best week in more than two months. Moderate gains on Friday led by health care and utility companies pushed stocks to their best weekly performance since July after two down weeks. The Dow Jones industrial average reached its highest level in a year.
Investors retreated further from stocks Friday as the pile of disappointing economic reports grew larger.
Dow Jones & Co. will stop publishing the Far Eastern Economic Review in December.
Stock futures pointed to a modestly higher open Friday as investors try to shake a two-day losing streak.
Investors were encouraged by the Federal Reserve's improved assessment of the economy Wednesday, but not enough to propel the Dow Jones industrial average past 10,000. Stocks closed lower as a brief rally followed the Fed's economic statement but then faded. The Dow came within 82 points of crossing 10,000 for the first time since October, but ended the day with a loss of 81.
How far the Dow Jones industrial average has fallen or advanced each trading day since Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection on Sept. 15. Since Lehman's fall, which touched off a paralysis of the credit markets and deepened the recession, the stock market has gone through an extended period of volatility before kicking into a big rally starting this spring. The numbers are the closing levels for the Dow:
How far the Dow Jones industrial average has fallen or advanced each trading day since Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection on Sept. 15. Since Lehman's fall, which touched off a paralysis of the credit markets and deepened the recession, the stock market has gone through an extended period of volatility before kicking into a big rally starting this spring. The numbers are the closing levels for the Dow:
Rising commodities prices and stirrings of corporate takeovers are making investors more optimistic about the economy. Stocks gained for the third straight day Tuesday as gold topped $1,000 an ounce for the first time since February and oil jumped more than $3 a barrel. The rising prices helped lift material and energy stocks. A takeover bid from Kraft Foods Inc. for rival Cadbury PLC — even though Cadbury rejected it — combined with a big phone deal in England lifted hopes that takeover activity could be picking up.
How far the Dow Jones industrial average has fallen or advanced each trading day since Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection on Sept. 15. Since Lehman's fall, which touched off a paralysis of the credit markets and deepened the recession, the stock market has gone through an extended period of volatility before kicking into a big rally starting this spring. The numbers are the closing levels for the Dow:
After giving the stock market a big gain during August, investors still worried about the economy backtracked the final day of the month. Stocks fell in light trading Monday after a 6.7 percent plunge in China's main stock market sent a wave of selling around the world and added to concerns that stocks have rocketed too high, too fast since hitting 12-year lows in March. The Standard & Poor's 500 index is up 50.9 percent in that time, the best six-month run since 1938.
The Dow Jones Industrial Average could get a new name.
Dow spurt puts it at highest level in 13 monthsThe Dow Jones industrial average stormed to its highest level in more than a year Monday as a falling dollar boosted prices for gold, oil and other commodities.
Markets Surge After U.S. Growth Report The news that the United States economy had grown for the first time in a year electrified investors on Thursday, sending stocks upward after four days of sizable drops.
UPDATE: US Stocks Rally Broadly, Push DJIA Back Above 10000 - WSJ.comNEW YORK (Dow Jones)--U.S.
Dow Crests 10,000; Republicans Insist It's Not A Big DealDow 10,000 just isn't that big a deal, House Republican leader John Boehner said Wednesday morning. And anyone who places significance on the stock market hitting this symbolic number is "certainly not talking to the American people."
Now, while you clean the soy chai latte off of your screen, allow me to justify my theory.
Berkowitz Dumps American Express - Holdings Reduced 73% The newest Oracle dumps a large percentage of AXP. What's that say?
Hold Onto Your Handbag, HoneyHold onto your handbag, Honey- the stock market looks like it's gonna take us for a ride. Fluctuations are one thing; you can expect those. Wild gyrations say something was not accounted for. And just limping along shows absolutely no direction.
Check The Charts Just out of curiosity, I like to check the charts on the Stock Market - Stock Market Milestones. When did it first hit 100? 200? And on and on. How long did it take to reach the next Milestone?, and things like that.
Stocks Rise; Investors Focus On Glimmers Of HopeNEW YORK (MarketWatch) -- U.S. stocks surged and the Dow Jones Industrial Average closed more than 100 points higher within as investors concentrated on signs of a turn in economic demand in comments from International Paper, Intel and in economic reports.
Perino: Bush Deserves Credit For Recent Market UptickFormer White House spokesperson Dana Perino said on Sunday that the Bush administration, while presiding over the start of the current recession, nevertheless deserved some credit for the modest uptick that Wall Street experienced this past week.
Citi Rouses Stocks - Forbes.comIt only took the mildest encouragement to ignite a rally on Wall Street Tuesday: news that Citigroup has managed to make a little money.
The New Reality? Dow Slides To 5,000, Oil Rises To $50And it just seems to be getting worse with some economists predicting a dramatic drop in the Dow Jones Industrial Average and an increase in the price of a barrel of oil in the coming weeks and months.
The list: Journalists who wrote political checksThe list of journalists making campaign donations, and their explanations.
Even Worse Than the Great Depression at SmartMoney.comOver the last couple years I loved to ridicule all the scaremongers who always said this, that or the other thing is "the worst since the Great Depression." I stand by my ridicule, for the most part -- those prophets of doom were mostly broken clocks who look right now just b …
Iconic U.S. firms crumbling under recessionWASHINGTON - The truisms have been familiar to generations of Americans: As General Motors goes, so goes the nation; Citigroup is too big to fail; General Electric, one of the 12 original companies in the Dow Jones industrial average in 1896, brings good things to life.
Obama's Radicalism Is Killing the DowBarack Obama Is Moving Us Toward a European-Style Social Welfare State and Long-Run Economic Stagnation
Did Obama Cause the Stock Slide?Wall Street has soured on the new Administration's policy moves. Can this relationship be saved?
Every investor knows the Dow Jones Average and every media outlet – print , radio and television announces the daily outcome of the market in terms of where the Dow finished.
Stocks Tumble After Worries Over Stimulus PlanThe Dow Jones Industrial Average was down more than 200 points, or nearly 3 percent. The S&P 500 shed about 4 percent and the tech-heavy Nasdaq lost more than 3 percent.
Forex Software Reviews for 2009There's Money to be Made Right Now Trading the Forex Because of the Market's Wild Swings. Below are 6 Products That Could Help You Cash in.Below we've reviewed a handful of products that offer value to people wanting to make money with forex investing.
White Powder Sent to Dow Jones, WSJ Harmless: NYPD White powder in about a dozen envelopes sent to Wall Street Journal and Dow Jones executives turned out to be harmless, the New York Police Department said on Wednesday.
U.S. Stocks Slide in Dow Average's Worst Inauguration Day DropU.S. stocks sank, sending the Dow Jones Industrial Average to its worst Inauguration Day decline, as speculation banks must raise more capital sent financial shares to an almost 14-year low.
Stocks rally as Wall Street shrugs off weak manufacturing dataThe stock market numbers went up despite a weak American manufacturing report for the month of December.
Stocks Begin '09 Tentatively HigherStocks in New York started 2009 slightly to the upside after bidding adieu to one of the worst years for equities in decades. The Dow Jones Industrial Average was up 34 points at 8810, and the S&P 500 was gaining 2 points at 605. The Nasdaq was adding 0.7 points at 1578.
'Financial 9/11' struck over $6.9 trillion from US economy during 20082008 is over, and we have survived it. Though for some of us, just barely. 2008 saw the greatest financial losses in generations, as $6.9 trillion poured from investors' coffers in the worst series of cascading disasters since the Great Depression.
Log In | Register
