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Stocks Erase Thursday Gains

Stocks Erase Thursday Gains

Hemera/Thinkstock(NEW YORK) — Stocks edged lower to end the week despite an employment report that surpassed expectations.  The Dow had gained some ground Thursday, but Friday closed down 139 points at 13,093, a loss of more than one percent. The…

Stocks Rally Thursday; Dow Up 136 Points

Stocks Rally Thursday; Dow Up 136 Points

Hemera/Thinkstock(NEW YORK) — Investors embraced some hopeful economic reports Thursday leading to a strong rally for the markets. The Dow closed up 136 points, or 1.04 percent, at 13,232.62. The Nasdaq gained 43 points, up1.44 percent to close a…

Stocks Mixed on First Trading Day After Sandy

Stocks Mixed on First Trading Day After Sandy

Hemera/Thinkstock(NEW YORK) — It was back to work for the U.S. markets Wednesday after an unplanned two-day break, thanks to Superstorm Sandy. The Dow lost 11 points to close at 13,096, down 0.08 percent from Friday.  The Nasdaq also gave up 11, …

Stocks Decline in Late Trading

Stocks Decline in Late Trading

Hemera/Thinkstock(NEW YORK) — U.S. markets ended the day slightly lower Wednesday.  The Dow was down 25 points, or 0.19 percent, closing at 13,077.The Nasdaq and S&P also saw losses, closing down nine points and 4 points, respectively. T…

US Markets End the Day Lower, Dow Down 243 Points

US Markets End the Day Lower, Dow Down 243 Points

Hemera/Thinkstock(NEW YORK) — The Dow had its lowest close since June and its third-biggest point drop for the year, though it’s still up seven percent for the year.The Dow ended Tuesday’s session down 243 points, at 13,103. The S&P and…

US Markets End the Day Lower, Dow Down 243 Points

US Markets End the Day Lower, Dow Down 243 Points

Hemera/Thinkstock(NEW YORK) — The Dow had its lowest close since June and its third-biggest point drop for the year, though it’s still up seven percent for the year.The Dow ended Tuesday’s session down 243 points, at 13,103. The S&P and…

Corporate Earnings Reports Still a Pull on Stocks

Corporate Earnings Reports Still a Pull on Stocks

Hemera/Thinkstock(NEW YORK) –  It seems corporate earnings reports are still impacting the major stock averages. A weak forecast from heavy equipment maker Caterpillar weighed on the market Monday for most of the session before the averages clawe…

Corporate Earnings Reports Still a Pull on Stocks

Corporate Earnings Reports Still a Pull on Stocks

Hemera/Thinkstock(NEW YORK) –  It seems corporate earnings reports are still impacting the major stock averages. A weak forecast from heavy equipment maker Caterpillar weighed on the market Monday for most of the session before the averages clawe…

Stocks Lose Big on Historic Wall Street Anniversary

Stocks Lose Big on Historic Wall Street Anniversary

Hemera/Thinkstock(NEW YORK) — On Friday, the 25th anniversary of the Black Monday crash of 1987, markets tanked. Poor earnings reports from three companies in the Dow Jones industrial average — Microsoft, General Electric and McDonalds — sent indexe…

Google’s Early Earnings Report Sends Nasdaq Tumbling

Google’s Early Earnings Report Sends Nasdaq Tumbling

Hemera/Thinkstock(NEW YORK) — U.S. stocks fell for the first day this week as jobless claims soared and shares of Google were halted Thursday. The Dow lost eight points to end the session at 13,549. The S&P dropped four points to 1,457. The N…

Stocks Close Up on Positive Housing Report

Stocks Close Up on Positive Housing Report

Hemera/Thinkstock(NEW YORK) — A report on home construction Wednesday beat expectations and helped to move stocks up off the session’s lows. The Dow closed up five points Wedensday, while the Nasdaq and S&P added just three points and six poi…

Stocks Rally for Second Day of Gains

Stocks Rally for Second Day of Gains

Hemera/Thinkstock(NEW YORK) — Stocks on Tuesday rallied for a second day on more earnings reports that exceeded expectations, as well as new confidence in home construction. The Dow closed up 1 percent — a 128-point jump — to 13,551.78. The Nas…

Retail and Earnings Reports Give Stocks a Boost

Retail and Earnings Reports Give Stocks a Boost

Hemera/Thinkstock(NEW YORK) — After what was the worst week in more than four months, the market rebounded with a push from increased retail sales and earnings from Citigroup that surpassed expectations.On Monday, the Dow rose 95 points to close at 13…

Wall Street Report: Stocks Have a Difficult Week and Earnings Due Out Next Week

Wall Street Report: Stocks Have a Difficult Week and Earnings Due Out Next Week

Hemera/Thinkstock(NEW YORK) — The markets open Monday after what was a mostly a rough week for stocks.The Dow was up two points at the Friday’s closing bell, the Nasdaq was down five and the S&P off four. Lots of earnings reports will be released …

Wall Street Report: Stocks Close Mostly Lower

Wall Street Report: Stocks Close Mostly Lower

Hemera/Thinkstock(NEW YORK) — The day on Wall Street saw the Dow down 19 points, the Nasdaq finishing down three points, and the S&P up just a fraction.The number of Americans who filed first time unemployment claims hit a four-year low last week….

Markets Slip Despite Lower Unemployment

Markets Slip Despite Lower Unemployment

Hemera/Thinkstock(NEW YORK) — Stocks seemed to retreat Friday despite a jobs report showing the unemployment rate has dropped to 7.8 percent.The Dow added just three points in afternoon trading Friday, closing at 13,578. The blue chips had posted adva…

Stocks Inch Higher on Jobs Report

Stocks Inch Higher on Jobs Report

Hemera/Thinkstock(NEW YORK) — The markets were up Thursday on better-than-expected reports on jobless claims and retail sales. The Dow closed up 81 points at 13,575. The Nasdaq gained 14 points, climbing to 3,149. The S&P added 10 points and …

Employment Reports Keep Stocks Afloat

Employment Reports Keep Stocks Afloat

Hemera/Thinkstock(NEW YORK) — A better-than-expected report on private sector hiring and news that the service sector’s growing faster kept stocks in positive territory Wednesday.  Gains were modest, though. The Dow closed up 12 points, clos…

Stocks Hit by More Eurozone Troubles

Stocks Hit by More Eurozone Troubles

Hemera/Thinkstock(NEW YORK) — U.S. markets, again, have been struck by more worries from Europe.  Spain Prime Minister Mariano Rajoy said Tuesday that the country’s request for bailout funds from the European Central Bank was not imminent.The Dow…

Markets Beginning Fourth Quarter with Gains

Markets Beginning Fourth Quarter with Gains

Hemera/Thinkstock(NEW YORK) — Stocks jumped out of the gate Monday as growth in manufacturing suggested the economy may be picking up, or at least, it may not be getting any worse. U.S. manufacturing grew for the first time in four months, buoyed by a…

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