Will Angelina Jolie Announcement Boost Biotech Stocks?
Photo by Astrid Stawiarz/WireImage(LOS ANGELES) — While Angelina Jolie’s announcement on Tuesday that she had a double mastectomy after learning she carried a genetic predisposition for breast cancer raised awareness about genetic testing, analy…
Dow Marks Third Straight Record Close
Hemera/Thinkstock(NEW YORK) — Thursday marked the third consecutive record close for the Dow Jones Industrial Average. The blue-chip index climbed 33.25 points to another all-time high of 14,329 at the session’s close.The Nasdaq added 9.72 points, or …
Another Record Close for Dow Jones Industrial Average
Hemera/Thinkstock(NEW YORK) — The Dow Jones Industrial Average saw another historic close Wednesday, despite losing some steam. The blue chips index still called it a session with an all-time high, up 42 points, or 0.3 percent, at 14,296. T…
Dow Jones Industrial Average Closes at All-Time High
Jin Lee/Bloomberg via Getty Images(NEW YORK) — The Dow Jones industrial average reached record highs on Tuesday, surpassing a key level in its recovery from the 2008 financial meltdown.After first hitting a record opening Tuesday morning, the Dow main…
Dow Inching Closer to All-Time High
Hemera/Thinkstock(NEW YORK) — The Dow closed up 175.24 points Monday, bringing the index within 89 points, or less than one percent, from its all-time high set in October 2007. This is the closest the Dow has been to that high in more than five years….
US Markets Recover from Big Losses
Hemera/Thinkstock(NEW YORK) — A jump in home sales and a boost in consumer confidence gave the markets a lift Tuesday.The Dow closed up 116 points, or 0.8 percent, at 13,900.13. On Monday, the index lost 216 points, its biggest drop of the year so far…
Gridlock in Italy Sends Stocks Tumbling
Hemera/Thinkstock(NEW YORK) — U.S stock markets tumbled as Italians voted for what appears to be political gridlock. Italy is a key member of the eurozone and political impasse there could reignite the European economic crisis. As results o…
Stocks End the Week Higher
Hemera/Thinkstock(NEW YORK) — Stocks reversed a two-day decline Friday, thanks to stronger earnings reports. The Dow closed up 120 points to end the week at 14,000.57. The Nasdaq Composite added 30 points, closing at 3,161.82. The S&P earned …
US Stock Indices Decline Again
Hemera/Thinkstock(NEW YORK) — Stocks slid again Thursday, despite an encouraging report on home sales, which rose from December to January. The Dow closed down 47 points, or 0.3 percent, at 13,880.62. The Nadsaq gave up 33 points, or one percent,…
Stocks Close Down After Fed Stimulus Debate
Hemera/Thinkstock(NEW YORK) — The Federal Reserve is considering tempering its efforts to stimulate the economy, according to minutes of their meeting released Wednesday afternoon.The Dow Jones Industrials had been trading down for much of the day but…
Dow Inches Lower; New York Manufacturing Shows Improvement
Hemera/Thinkstock(NEW YORK) — Stocks ended the week with a whimper. The Dow managed to eke out a small gain, closing up eight points at 13,981.76 on Friday. The index fell for the second consecutive week by 0.1 percent. The Nasdaq and the S&P…
Dow Drops Nine Points; USAirways Stock Slips
Hemera/Thinkstock(NEW YORK) — Investors didn’t have much love for the markets on Valentine’s Day. The Dow Jones Industrial Average closed down nine points and stayed below the 14,000 mark, at 13,973. The Nasdaq Composite closed up two points at 3…
Dow Creeps Lower on Day After State of the Union
Hemera/Thinkstock(NEW YORK) — The markets didn’t move much Wednesday. The Dow dropped back below 14,000 a day after coming within a point of a record close, fallingl 36 points. The index closed at 13,982.91. Some analysts believe the Dow ma…
Dow Closes Near Record High
Hemera/Thinkstock(NEW YORK) — Just hours before President Obama delivers his State of the Union address, major U.S. stock indexes closed higher.The Dow Jones Industrial Average traded above 14,000 for much of Tuesday’s session, ending up 47 points at …
Stocks Drift Lower
Hemera/Thinkstock(NEW YORK) — It may be time for Wall Street to take a pause, with the major market indexes recently nearing record highs.The Dow fell 22 points to close at 13,971.24 Monday. The S&P lost one point, led by a decline in its energy s…
Ahead of East Coast Blizzard, Stocks Close with Gains
Hemera/Thinkstock(NEW YORK) — Stocks got a boost to end the week from stronger than expected earnings reports, despite concerns about the impending blizzard on the east coast. The Dow closed up 49 points, or 0.35 percent, at 13,992.97. Earl…
Dow Snagged by Weak Boeing Stock
Stephen Morton/Bloomberg via Getty Images(NEW YORK) — A drop in a global aircraft manufacturer’s stock kept the Dow from taking off Wednesday. The Dow closed down 24 points at 13,511.23. However, the Nasdaq Composite gained seven points, helped b…
Cat Beats Stock Pros in Investment Experiment
Comstock/Thinkstock(LONDON) — It’s long been sniped that investing in the stock market all but amounts to a high-profile crap shoot, and an experiment recently conducted by the U.K.’s Guardian seems to bear that out.
The newspaper started 2012 by givi…
Cat Beats Stock Pros in Investment Experiment
Comstock/Thinkstock(LONDON) — It’s long been sniped that investing in the stock market all but amounts to a high-profile crap shoot, and an experiment recently conducted by the U.K.’s Guardian seems to bear that out.
The newspaper started 2012 by givi…
US Markets See Small Advances
Ben Hider/Getty Images(NEW YORK) — Stocks were modestly higher amid mixed news on the economy. The Dow closed up 80 points at 13,471.22, with Bank of America stocks leading the index. The bank’s shares closed at $11.35, a 35-cent increase. The Na…