Category Archives: Gains

Wall Street set for mild start

By doris | Published: October 16, 2009

Full Story atmoney.cnn.com LONDON (CNNMoney.com) — U.S. stock futures rose Friday, supported by solid results from Google, although gains were slight as investors awaited more earnings reports. At 4:41 a.m. ET, S&P 500, Nasdaq-100 and Dow Jones industrial average futures were a shade higher. Futures measure current index values against their perceived future performance and [...]

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Optimism sends Fannie, Freddie shares soaring

By doris | Published: August 25, 2009

Full Story atmoney.cnn.com NEW YORK (CNNMoney.com) — Shares of bailed-out mortgage finance giants Fannie Mae and Freddie Mac soared Monday, as investors try to piggyback on a rally in shares of government-backed financial companies. Fannie (FNM, Fortune 500) shares rose nearly 50% in afternoon trading, while Freddie (FRE, Fortune 500) jumped almost 30%. The mortgage [...]

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Fed’s rosy view helps send stocks higher

By doris | Published: August 12, 2009

Full Story at msnbc.com NEW YORK – A more upbeat Federal Reserve reassured investors that they’ve been making the right bets. Stocks extended their sharp gains Wednesday after the Fed, ending a two-day policy meeting, issued a more optimistic view of the economy and said it appears to be “leveling out.” That was a change [...]

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Monthly Ford sales up for 1st time in two years

By doris | Published: August 3, 2009

Full Story at msnbc.com CHICAGO – Surging demand from the government’s “cash for clunkers” program has helped lift Ford Motor Co. to its first monthly increase in two years, the company’s top sales analyst said Sunday. July sales results mark the first year-over-year gain for Ford since November 2007 and apparently the first uptick by [...]

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Stocks stage late-day turnaround

By doris | Published: July 9, 2009

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — Wall Street erased most of its losses by the close Wednesday, as investors set aside concerns about the economy to gear up for the quarterly reporting period, which got underway after the closing bell with Alcoa. The Dow Jones industrial average (INDU) gained 15 points, or 0.2%. [...]

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Dow turns positive for ’09

By doris | Published: June 13, 2009

Full Story At Money.cnn.com NEW YORK (CNNMoney.com) — Stocks churned Friday, at the end of a mixed week on Wall Street, that nonetheless left the Dow industrials in positive territory for the year for the first time since January. The Dow Jones industrial average (INDU) gained 28 points, or 0.3%, ending above its 2008 close [...]

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Can the 3-month long stock rally continue?

By doris | Published: June 8, 2009

Full Story At money.cnn.com NEW YORK (CNNMoney.com) — Stocks have been on the best three-month tear since 1982 — and there’s little in the week ahead to interrupt the flow. But as the typically sluggish summer months on Wall Street take hold, momentum is bound to slow. “The move up is going to be slower [...]

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Stocks set to pull back

By doris | Published: May 11, 2009

Full Story At money.cnn.com LONDON (CNNMoney.com) — U.S. stock futures fell early Monday as investors prepared to pull back after Wall Street’s two-month old winning streak. At 4:45 a.m. ET, the Dow Jones industrial average, S&P 500 and Nasdaq-100 futures were lower. Futures measure current index values against perceived future performance and offer an indication [...]

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Stocks set to advance

By doris | Published: April 23, 2009

Full Story At money.cnn.com LONDON (CNNMoney.com) — U.S. stocks appeared poised for gains at Thursday’s open, as investors were buoyed by strong results from Apple. At 4:51 a.m. ET, Dow Jones industrial average, Standard & Poor’s 500 and Nasdaq 100 futures were all higher. Futures measure current index values against perceived future performance and give [...]

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Sanity returns to Wall Street – for now

By doris | Published: April 22, 2009

Full Story At money.cnn.com NEW YORK (CNNMoney.com) — The stock market has enjoyed six straight weeks of gains but it’s a toss-up as to whether it will hit a lucky seventh. The streak could be in jeopardy following Monday’s big market plunge — despite an impressive rebound on Tuesday. And to that I say, “Hip [...]

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Nasdaq hits 5-month high

By doris | Published: April 17, 2009

Full Story At NEW YORK (CNNMoney.com) — Wall Street recharged the advance Thursday, with the major gauges touching multi-month highs on JPMorgan Chase’s better-than-expected results and anticipation about Google’s profit report. After the close, Google (GOOG, Fortune 500) posted quarterly earnings that rose from a year ago and topped estimates on revenue that rose from [...]

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Layoffs rise despite hope recession is easing

By doris | Published: April 3, 2009

Full Story At news.yahoo.com WASHINGTON – Employers are laying off workers at a faster pace despite a few hopeful signs recently that the recession — now the longest since World War II — could be easing. The Labor Department on Friday is slated to release a report expected to show that a net total of [...]

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