Corporate Earnings Help Erase July Losses on Wall Street
Hemera/Thinkstock(NEW YORK) — Wednesday marked another positive day on Wall Street. Investors were encouraged by another day of strong corporate earnings. The Dow Jones Industrial average closed up 103 points at 12,908. Technology stocks he…
Wall Street Bounces Back Amid Fed’s Uncertainty
Comstock/Thinkstock(NEW YORK) — After a few rough days, strong earnings helped to turn things around on Wall Street Tuesday. The Dow rose 0.6 percent to close up 78 points, while the Nasdaq and S&P gained 13 points and 10 points, respectively…
Dow Rallies: Financial Stocks Close Higher, Led by JPMorgan Earnings
John Foxx | Thinkstock(NEW YORK) — Friday proved to be a good day for stocks across the board, after six straight losing sessions.The Dow finished the day up almost 204 points, and the Nasdaq and S&P indeces picked up 42 points and 22 points, resp…
Groupon’s Stock Plunges
Scott Olson/Getty Images(NEW YORK) — Not a great deal for Groupon’s investors: The company’s stock dove down to $7.77 on Wednesday, when their initial public offering price was $20 a share, according to the New York Times.Since going public, the…
Stocks Reflect Investor Anxiety as Earnings Season Begins
Hemera/Thinkstock(NEW YORK) — Investors were not optimistic at the start of corporate earnings season. On Monday the stock market was down for a third straight session with more signs of instability coming out of Europe.The Dow lost 36 points Monday t…
Reacting to Jobs Data, Oil and Stock Markets Close Lower
Hemera/Thinkstock(NEW YORK) — All three major stock indices ended the day lower.The Dow Friday closed at 12,772, down 124 points or 0.96 percent. The S&P and NASDAQ ended the day lower as well, down 13 points and 39 points, respectively.Meanwhile,…
Stocks Lose Ground Despite Positive Jobs Reports
Hemera/Thinkstock(NEW YORK) — An encouraging weekly employment report didn’t do much to help the markets Thursday.The Dow closed down 23 points to 12,920. The Nasdaq added four points to close at 2,980. The S&P closed at 1,370 with a four point lo…
Markets Slump with Slowing Factory Activity; Gas Prices Down
Hemera/Thinkstock(NEW YORK) – The markets were steady at the open Monday, but by the end of the session, investors grew nervous about the dragging manufacturing sector. Stocks turned negative after new data showed U.S. manufacturing shrank in Ju…
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
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
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
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…
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…
Stocks Rise on Fed Stimulus Hopes
iStockphoto/Thinkstock(NEW YORK) — Despite worries about Europe’s debt and financial crisis, U.S. stocks are up for a second straight week. The big-stock Standard and Poor’s 500 Index and the Nasdaq have made gains four days in a row…
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…
Asian Markets Rally After Greek Election Results
Comstock/Thinkstock(NEW YORK) — Asian markets rallied Monday morning after voters in Greece narrowly backed pro-bailout parties in the country’s weekend election.The New Democracy party squeaked by the leftist Syriza bloc in Sunday’s historic vote, 29…
Asian Markets Rally After Greek Election Results
Comstock/Thinkstock(NEW YORK) — Asian markets rallied Monday morning after voters in Greece narrowly backed pro-bailout parties in the country’s weekend election.The New Democracy party squeaked by the leftist Syriza bloc in Sunday’s historic vote, 29…
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
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
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…