Category Archives: Stocks

Stocks rally, recovering from sharp drop after Fed speech

By doris | Published: August 28, 2011

Full Story at msnbc.com NEW YORK — The Dow Jones industrial average ended another turbulent week with a strong gain Friday after Federal Reserve Chairman Ben Bernanke said the U.S. was headed for long-term economic growth. It was the first winning week in a month. Trading volume was light, a sign that many traders were [...]

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Wall Street soars; Dow’s best day in two weeks

By doris | Published: August 23, 2011

Full Story at msnbc.com NEW YORK — Stocks posted their biggest jump in nearly two weeks on Tuesday. Investors picked up cheaply priced stocks after fears that the U.S. would slip into a recession pounded the market over the last month. The Dow jumped 322 points, its best day since Aug. 11, when it gained [...]

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Behind market swings: Growing recession fears

By doris | Published: August 20, 2011

Full Story at msnbc.com There are many factors churning up market volatility and contributing to a frightening stock market sell-off, but chief among them is growing fear of a new recession. With growth averaging less than 1 percent in the first half of the year, the U.S. economy is already perilously close to recession. But [...]

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Stocks rally for third day, close with big gains

By doris | Published: August 16, 2011

Full Story at msnbc.com NEW YORK — Stocks are having their longest rally since early July. A $19 billion corporate buying spree and encouraging economic news form Japan sent the Dow Jones industrial average up 213 points and erased its losses from last week. The return of what’s called “Merger Monday” on Wall Street made [...]

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Stocks: Worst week in 2011

By doris | Published: July 29, 2011

Full Story atmoney.CNN.com NEW YORK (CNNMoney) — Stocks ended Friday’s session sharply lower, posting their worst weekly performance in more than a year, as investors grow increasingly worried that Washington may not reach a deal to raise the debt ceiling before the deadline. At the preliminary close, the Dow Jones industrial average (INDU) fell 97 [...]

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Stocks give up gains, end trading day mixed

By doris | Published: July 28, 2011

Full Story at msnbc.com NEW YORK — Stocks lost most of their gains late in the trading session Thursday, closing mixed after an unexpected decrease in unemployment claims sent the market slightly higher earlier even as a stalemate continued in Washington over how to avoid a U.S. debt default. The government said first-time applications for [...]

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Stocks start the week in sell mode

By doris | Published: July 18, 2011

Full Story at Money.CNN NEW YORK (CNNMoney) — Stocks sold off sharply Monday and gold prices rose, as worries about Europe’s debt crisis and uncertainty over the U.S. debt ceiling kept investors on edge. The Dow Jones industrial average (INDU) sank 95 points, or 0.7%, to end at 12,385. The S&P 500 (SPX) fell 11 [...]

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Stocks narrowly miss having worst week in a year

By doris | Published: July 17, 2011

Full Story at msnbc.com NEW YORK — A late rally Friday prevented the stock market from having its worst week in nearly a year. Investors seemed to largely ignore the ongoing debate in Washington over raising the country’s borrowing limit. Troubling questions over Europe’s financial health and manufacturing in the U.S. weighed down stock prices [...]

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Stocks: Best week in two years

By doris | Published: July 2, 2011

Full Story at Money.cnn.com NEW YORK (CNNMoney) — The fireworks came early on Wall Street. Stocks started the second half of the year firing on all cylinders Friday, posting the strongest week in two years, as fresh data boosted investor optimism about the state of the economy. After starting the day barely changed, the Dow [...]

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Wall Street rallies 4th day, gains in July seen

By doris | Published: June 30, 2011

Full Story at news.Yahoo.com NEW YORK (Reuters) – U.S. stocks ended a volatile quarter on Thursday with their biggest four-day rally since September as positive economic data and a temporary resolution of Greece’s debt crisis indicated further gains in July. Midwest business activity showed surprising strength this month, lifted by a jump in new orders, [...]

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Stocks soar on housing data

By doris | Published: June 28, 2011

Full Story at Money.com NEW YORK (CNNMoney) — U.S. stocks rallied on Tuesday, with the Dow jumping 145 points, as investors cheered a report showing home prices rose for the first time in nine months in April. “The market was hungry for some good news, particularly on housing,” said Fred Dickson, chief investment strategist with [...]

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Stocks have their first winning week since April

By doris | Published: June 17, 2011

Full Story atnews.Yahoo.com Signs that a solution to Greece’s debt problems could be near helped the stock market eke out its first week of gains since April. Germany softened its conditions for giving Greece more loans on Friday, putting Greece closer to getting more financial support and avoiding a default. Global financial markets were rattled [...]

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Wall Street rebounds from four days of losses

By doris | Published: June 7, 2011

Full Story at msnbc.com NEW YORK — Traders are eagerly awaiting indications from Federal Reserve chairman Ben Bernanke that interest rate hikes aren’t likely anytime soon. The hope that Bernanke will make that clear in remarks scheduled for Tuesday afternoon is keeping stocks afloat. Stocks recovered some of their losses Tuesday after sliding for four [...]

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Dow, S&P fall for fifth-straight week

By doris | Published: June 5, 2011

Full Story at CNNMoney NEW YORK (CNNMoney) — U.S. stocks fell sharply on Friday, with the Dow and S&P falling for the fifth-straight week, as investors digested a disappointing May jobs report. The Dow Jones industrial average (INDU) lost 97 points, or 0.8%, to end the week at 12,151. The Dow is on its longest [...]

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