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Stocks Suffer Year’s Worst Day on Jobs Report

Stocks Suffer Year’s Worst Day on Jobs Report

iStockphoto/Thinkstock(NEW YORK) — After a dismal May jobs report, U.S. stocks on Friday had their worst day in 2012, erasing the gains for the year and touching lows for a number of benchmarks.The S&P 500 index fell nearly 2.5 percent to 1,278 as…

Stocks Settle in the Negative; Dow Has Worst Month in Two Years

Stocks Settle in the Negative; Dow Has Worst Month in Two Years

Hemera/Thinkstock(NEW YORK) — Stocks spent the last day of May moving between moderate losses and gains.At the end of what was the worst month for the Dow in about two years, the index Thursday closed down 26.41 points at 12,393.45. The Nasdaq lost 10…

Investor Anxieties over Europe Push Stocks Lower

Investor Anxieties over Europe Push Stocks Lower

iStockphoto/Thinkstock(NEW YORK) — Wednesday was a rough day for the markets with new worries about Europe’s financial problems pushing stocks into negative territory. The Dow lost 160.83 points Wednesday to 12,219.86.The Nasdaq gave up 33.63 poi…

Dow Climbs into Positive Territory; Facebook Continues to Slide

Dow Climbs into Positive Territory; Facebook Continues to Slide

Hemera/Thinkstock(NEW YORK) — An encouraging read on the housing market helped push the markets up to start the week. The Dow closed up 126 points Tuesday, while the Nasdaq and S&P added 33 points and 15 points, respectively.There are more signs t…

Investor Concern for Eurozone Brings Stocks Lower

Investor Concern for Eurozone Brings Stocks Lower

Hemera/Thinkstock(NEW YORK) — New worries about the shaky financial situation in Europe kept the markets down to end the week. Trading Friday was light ahead of the Memorial Day Weekend. The Dow closed down 75 points, or 0.6 percent, to 12,455. T…

Facebook Stock Jumps as Analysts Call for Better IPO Rules

Facebook Stock Jumps as Analysts Call for Better IPO Rules

EMMANUEL DUNAND/AFP/GettyImages(NEW YORK) — Facebook stock closed up for the second day in a row as Facebook’s underwriters continued to face heat over whether they gave an unfair advantage to preferred clients. Many average investors lost thousands o…

Stocks End the Day Mixed as European Concerns Linger

Stocks End the Day Mixed as European Concerns Linger

Hemera/Thinkstock(NEW YORK) — The markets finished mixed Thursday, with the Dow and S&P closing the session up 33 points and two points, respectively, while the Nasdaq gave up 11 points. Worries about Europe’s shaky financial situation kept t…

Late-Session Rally Reverses Stock Losses

Late-Session Rally Reverses Stock Losses

Hemera/Thinkstock(NEW YORK) — The markets staged a late-session comeback Wednesday, heading off what could have been one of the worst days in months. After falling off by almost 200 points earlier in the day, the Dow saw a late-session rally to 1…

Stocks Retreat from Monday’s Gains

Stocks Retreat from Monday’s Gains

Hemera/Thinkstock(NEW YORK) — The latest housing report didn’t do much Tuesday to help the markets.  The Dow closed down 1.6 points to 12,502.8, the Nasdaq lost 8 to 2,839, and the S&P dropped a fraction of a point to 1,316.6. Facebook i…

Stocks Bounce Back from Losing Streak

Stocks Bounce Back from Losing Streak

iStockphoto/Thinkstock(NEW YORK) — The market regained some lost ground Monday. Stocks rose following a report that shows economists are more optimistic about housing and employment. The Dow had its best day since April 17. The index rose 135 poi…

Nasdaq CEO ‘Embarassed’ by Glitches During Facebook’s IPO

Nasdaq CEO ‘Embarassed’ by Glitches During Facebook’s IPO

EMMANUEL DUNAND/AFP/GettyImages(NEW YORK) — The chief executive of the Nasdaq stock market admits he was “embarrassed” by what happened on Friday when trading glitches led to doubts about the market’s ability to handle hot IPOs. Nasd…

Facebook IPO Fizzles; Dow Extends Losing Streak

Facebook IPO Fizzles; Dow Extends Losing Streak

Zef Nikolla/Facebook(NEW YORK) — The much anticipated Facebook IPO couldn’t help stocks Friday. It was a bad end to a dead-end week on Wall Street.The Dow closed down 59 points at 12,383 — its 12th day of losses in 13 trading sessions. The Nasdaq los…

Facebook IPO: Nasdaq ‘FB’ Stock Opens Trading

Facebook IPO: Nasdaq ‘FB’ Stock Opens Trading

EMMANUEL DUNAND/AFP/GettyImages(NEW YORK) — After some technical hiccups, trading in Facebook’s blockbuster IPO officially opened to an eager public Friday at about $42.05 a share, but the price dropped below $40, lower than what many analysts expecte…

Facebook CEO Mark Zuckerberg Ushers in Historic IPO

Facebook CEO Mark Zuckerberg Ushers in Historic IPO

Zef Nikolla/Facebook(MENLO PARK, Calif.) — After some technical hiccups, trading in Facebook’s blockbuster IPO officially opened to an eager public Friday at about $42 a share, up 11 percent from its offer price of $38 a share. Mark Zuckerberg, CEO an…

Stocks Continue to Slide as Troubles Persist in Europe

Stocks Continue to Slide as Troubles Persist in Europe

Hemera Technologies/Thinkstock(NEW YORK) — Worry over the shaky situation in Europe forced the markets down again Thursday. The Dow had its 11th loss in 12 days, closing down 156 points at 12,442. The Nasdaq gave up 60 to close at 2,813, and the …

Stocks Fall for Fourth Consecutive Day

Stocks Fall for Fourth Consecutive Day

Hemera/Thinkstock(NEW YORK) — After initially climbing into positive territory upon news from the latest Federal Reserve meeting, stocks fell Wednesday on worries about Europe’s shaky financial situation, particularly in Greece.  The Dow closed d…

Third Straight Day of Losses for the Dow

Third Straight Day of Losses for the Dow

Hemera/Thinkstock(NEW YORK) — Stocks ended Tuesday’s session with a drop and some of the biggest losses in months, with the Dow closing down 63 points and the Nasdaq and S&P giving up nine points and eight points, respectively.The continued losses…

Dow’s Eighth Loss in Nine Sessions, Oil at Lows for the Year

Dow’s Eighth Loss in Nine Sessions, Oil at Lows for the Year

Hemera/Thinkstock(NEW YORK) — The Dow ended the day down 125.25 points, or 0.98 percent.  The S&P and Nasdaq also ended the day down more than one percent. Clearly between the European debt crises and the tainted reputation of America&rs…

Stocks Affected by JPMorgan Loss

Stocks Affected by JPMorgan Loss

Hemera/Thinkstock(NEW YORK) — Stunning news from the nation’s biggest bank prompted a sell off to end the week.The Dow closed down 24 points at 12,832 Friday. The Nasdaq finished up with a modest six point gain at 2,940, while the S&P lost three p…

The Dow Ekes Out a Positive Close

The Dow Ekes Out a Positive Close

iStockphoto/Thinkstock(NEW YORK) — The Dow snapped a six-day losing streak Thursday, ending the day up 19.98 points. The S&P was also higher, but the NASDAQ ended the day negative. In the U.S., there was slightly better news on weekly jo…

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