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Despite Turmoil, Facebook Sticking with Nasdaq

Despite Turmoil, Facebook Sticking with Nasdaq

EMMANUEL DUNAND/AFP/Getty Images(NEW YORK) — Facebook’s marriage with Nasdaq got off to a rocky start, but Mark Zuckerberg has decided to stick with it anyway.Following the company’s bungled initial public offering on May 18, insiders say the Fa…

Markets Advance with Reports on European Bailouts

Markets Advance with Reports on European Bailouts

Hemera/Thinkstock(NEW YORK) — Encouraging news out of Europe pushed the markets to their best June in more than 10 years and ended the week with gains. The Dow closed up 278 points, while the Nasdaq and S&P added 86 points and 33 points, resp…

Stocks Make Up for Early Losses at Close

Stocks Make Up for Early Losses at Close

Hemera/Thinkstock(NEW YORK) — The markets saw a small reversal of fortune Thursday after initially posting sharp losses as the Supreme Court ruled on President Obama’s health care law. Stocks made up some ground before the closing bell, though. T…

Positive Economic Reports Push Stocks Higher

Positive Economic Reports Push Stocks Higher

iStockphoto/Thinkstock(NEW YORK) — Stocks closed higher with a second straight day of gains Wednesday on some welcome economic news about pending home sales and factory orders.  The Dow finished at 12,626.93, adding 92 points for the session. The…

Housing Data Gives Stocks a Boost

Housing Data Gives Stocks a Boost

Hemera/Thinkstock(NEW YORK) — The markets made up some of the ground lost on Monday after data released today showed favorable signs for home prices. The Dow managed to close up 61 points, while the Nasdaq and S&P gained 21 points and 8.6 poi…

Wall Street Suffers Drop

Wall Street Suffers Drop

Hemera/Thinkstock(NEW YORK) — Stocks were down Thursday, with the Dow having one of its worst days in weeks.  The Dow closed down 251 points, while the Nasdaq lost 71 and the S&P plunged 31 points.Worries about the economy here and in Europe …

Stocks Higher Looking Ahead to Possible Fed Announcement

Stocks Higher Looking Ahead to Possible Fed Announcement

Hemera/Thinkstock(NEW YORK) — U.S. stocks rallied Tuesday, apparently in anticipation of a Federal Reserve announcement to further loosen lending in the U.S. economy.The Dow climbed 96 points to 12,837. The Nasdaq added 34 points to close at 2,929, an…

US and European Stocks Mixed at Close

US and European Stocks Mixed at Close

Hemera/Thinkstock(NEW YORK) — It was a roller coaster of losses and gains for U.S. stocks Monday, with stocks mixed at the closing bell.While the Dow ended the day slightly lower by 25 points, the S&P and Nasdaq inched up nearly two points to 1,34…

US and Foreign Markets Up as Investors Await Greek Vote

US and Foreign Markets Up as Investors Await Greek Vote

Comstock/Thinkstock(NEW YORK) — U.S. and European markets ended the week higher Friday, but investors will still be watching over the weekend with an important election to happen Sunday in Greece.The Dow closed at 12,767.17, up 115.26 points or 0.91 p…

Foreign News Sparks Strong Day for Stocks

Foreign News Sparks Strong Day for Stocks

Comstock/Thinkstock(NEW YORK) — U.S. stocks jumped on news that central banks from major economies will take action if there is trouble in markets after the Greek elections, according to experts. The Dow ended the day at 12,651.91, up 155.53 poin…

Stocks End the Day in the Red

Stocks End the Day in the Red

STAN HONDA/AFP/Getty Images(NEW YORK) — It was a rollercoaster ride for the markets Wednesday, but stocks finished the session in the minus column. Though the Dow inched up above 12,598 for a brief period, it eventually closed down 77 points at 1…

Stocks End the Day in the Red

Stocks End the Day in the Red

STAN HONDA/AFP/Getty Images(NEW YORK) — It was a rollercoaster ride for the markets Wednesday, but stocks finished the session in the minus column. Though the Dow inched up above 12,598 for a brief period, it eventually closed down 77 points at 1…

Dow Rebounds from Monday Losses

Dow Rebounds from Monday Losses

iStockphoto/Thinkstock(NEW YORK) — The markets recovered after Monday’s sell-off following some reassuring words from a Fed official. The Dow soared 163 points, closing at 12,573.80 and bouncing back from Monday’s 143-point loss. The Nasdaq rose …

US Stocks End the Day Down, Gas Down Again

US Stocks End the Day Down, Gas Down Again

Medioimages/Photodisc/Thinkstock(NEW YORK) — The initial excitement about the Spanish bailout didn’t last long.  The Dow closed at 12,411.23 — down 142.97 points or 1.14 percent. The S&P and Nasdaq were down, 16.73 points and 48.69 po…

Stocks Rally to the Positive; Obama Clarifies Private Sector Remarks

Stocks Rally to the Positive; Obama Clarifies Private Sector Remarks

Hemera/Thinkstock(NEW YORK) — Stocks ended the week in positive territory although investors are keeping an eye on Europe’s problems, which threaten to weaken the U.S. economy. The Dow closed up 93 points to end the week’s trading at 12,554. The …

Stocks Mixed as Bernanke in Wait-and-See Mode

Stocks Mixed as Bernanke in Wait-and-See Mode

iZtockphoto/Thinkstock(NEW YORK) — U.S. stock markets were up early in the day as China announced an interest rate cut, but moved lower as Federal Reserve Chairman Ben Bernanke started speaking Thursday. The Dow was positive for a third straight …

US Stocks Rise After Europe Takes New Steps Toward Recovery

US Stocks Rise After Europe Takes New Steps Toward Recovery

Comstock/Thinkstock(NEW YORK) — The markets had their best day in months with some cryptic developments in Europe sending stocks soaring Wednesday. The Dow surged 287 points, turning the average positive for the year, after May’s dismal showing. …

Nasdaq Outlines $40M Fund for Facebook IPO Glitches

Nasdaq Outlines $40M Fund for Facebook IPO Glitches

EMMANUEL DUNAND/AFP/GettyImages(NEW YORK) — The Nasdaq stock exchange announced a $40 million fund Wednesday to compensate investors who were “disadvantaged” by technical problems during Facebook’s rocky IPO on May 18.The Nasdaq OMX …

Dow Breaks Four-Day Losing Streak

Dow Breaks Four-Day Losing Streak

Hemera/Thinkstock(NEW YORK) — The Dow snapped a four-day losing streak, closing up 25 points Tuesday. The Nasdaq gained 18 points, and the S&P added 10 for the session. On Tuesday, stocks spent most of the session volleying between slight gai…

Dow Down Fourth Straight Day, Facebook at New Low

Dow Down Fourth Straight Day, Facebook at New Low

Hemera/Thinkstock(NEW YORK) — After a sharp drop Friday, the Dow closed at 12,101.46 on Monday, down another 17.11 points in trading.The S&P ended the day flat at 1,278.18, while the NASDAQ managed to end the day up 12.53 points to close at 2,760….

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