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Dow Surges to End Wild Week on Wall Street

Dow Surges to End Wild Week on Wall Street

iStockphoto/Thinkstock(NEW YORK) — Wall Street finished out a wild week with a major rally, as the Dow surged 207 points to end the week at 15,248.
Friday was the second best day of the year for the Dow Jones Industrial Average.  
All the major a…

Stocks Drift Lower

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

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…

Cat Beats Stock Pros in Investment Experiment

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

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…

Investors See Silver Lining in Budget Deal

Investors See Silver Lining in Budget Deal

Spencer Platt/Getty Images(NEW YORK) — The major stock indexes surged on Wednesday after Congress agreed to a budget deal late Tuesday night, bringing an end — for now — to the frenzy over the nation’s fiscal cliff.”I think it symbolizes that the de…

Markets Surge After Fiscal Cliff Deal

Markets Surge After Fiscal Cliff Deal

Hemera/Thinkstock(NEW YORK) — Wall Street is poised to get a big bounce on Wednesday after the House passed the Senate’s fiscal cliff agreement. U.S. stock futures shot up after the drama finally ended late Tuesday.  Economists had warned h…

Wall Street Closes Early with Stocks Down

Wall Street Closes Early with Stocks Down

Hemera/Thinkstock(NEW YORK) — It was an abbreviated trading day on Wall Street on Monday. Investors are getting concerned whether lawmakers will reach a budget deal that will prevent the economy from going over the fiscal cliff.  In a shortened h…

Will Fiscal Cliff Worries Cause Major Wall Street Sell Off?

Will Fiscal Cliff Worries Cause Major Wall Street Sell Off?

iStockphoto/Thinkstock(NEW YORK) — Fiscal cliff fears may lead to a major sell off Friday on Wall Street. After the Republican revolt in the House on Thursday, House Speaker John Boehner was forced to abandon his plan to avert tax increases for most A…

Stocks Rise as Markets Open After Hurricane Sandy

Stocks Rise as Markets Open After Hurricane Sandy

Spencer Platt/Getty Images(NEW YORK) — U.S. stocks opened up Wednesday morning after being closed for two days because of Hurricane Sandy — the longest weather-related closure since the blizzard of 1888 struck New York.The Dow Jones Industrial Averag…

Stocks Rise as Markets Open After Hurricane Sandy

Stocks Rise as Markets Open After Hurricane Sandy

Spencer Platt/Getty Images(NEW YORK) — U.S. stocks opened up Wednesday morning after being closed for two days because of Hurricane Sandy — the longest weather-related closure since the blizzard of 1888 struck New York.The Dow Jones Industrial Averag…

Stocks Rise as Markets Open After Hurricane Sandy

Stocks Rise as Markets Open After Hurricane Sandy

Spencer Platt/Getty Images(NEW YORK) — U.S. stocks opened up Wednesday morning after being closed for two days because of Hurricane Sandy — the longest weather-related closure since the blizzard of 1888 struck New York.The Dow Jones Industrial Averag…

Stocks Rise as Markets Open After Hurricane Sandy

Stocks Rise as Markets Open After Hurricane Sandy

Spencer Platt/Getty Images(NEW YORK) — U.S. stocks opened up Wednesday morning after being closed for two days because of Hurricane Sandy — the longest weather-related closure since the blizzard of 1888 struck New York.The Dow Jones Industrial Averag…

Stock Markets to Reopen After Hurricane Sandy Shut Down NYSE

Stock Markets to Reopen After Hurricane Sandy Shut Down NYSE

Hemera/Thinkstock(NEW YORK) — Hurricane Sandy‘s winds and rains subsided Tuesday, and the New York Stock Exchange announced it will open for normal operations on Wednesday.  This was the first time since 1888 that weather shut down stock tr…

Stock Markets to Reopen After Hurricane Sandy Shut Down NYSE

Stock Markets to Reopen After Hurricane Sandy Shut Down NYSE

Hemera/Thinkstock(NEW YORK) — Hurricane Sandy‘s winds and rains subsided Tuesday, and the New York Stock Exchange announced it will open for normal operations on Wednesday.  This was the first time since 1888 that weather shut down stock tr…

Stock Markets to Reopen After Hurricane Sandy Shut Down NYSE

Stock Markets to Reopen After Hurricane Sandy Shut Down NYSE

Hemera/Thinkstock(NEW YORK) — Hurricane Sandy‘s winds and rains subsided Tuesday, and the New York Stock Exchange announced it will open for normal operations on Wednesday.  This was the first time since 1888 that weather shut down stock tr…

Stock Markets to Reopen After Hurricane Sandy Shut Down NYSE

Stock Markets to Reopen After Hurricane Sandy Shut Down NYSE

Hemera/Thinkstock(NEW YORK) — Hurricane Sandy‘s winds and rains subsided Tuesday, and the New York Stock Exchange announced it will open for normal operations on Wednesday.  This was the first time since 1888 that weather shut down stock tr…

Billion Dollar Losses Likely from Hurricane Sandy

Billion Dollar Losses Likely from Hurricane Sandy

Metropolitan Transportation Authority / Aaron Donovan(NEW YORK) — The multi-billion dollar insurance losses from Hurricane Sandy could be larger than anyone expected before the massive storm blew ashore, and it may take weeks to assess the damage from…

Billion Dollar Losses Likely from Hurricane Sandy

Billion Dollar Losses Likely from Hurricane Sandy

Metropolitan Transportation Authority / Aaron Donovan(NEW YORK) — The multi-billion dollar insurance losses from Hurricane Sandy could be larger than anyone expected before the massive storm blew ashore, and it may take weeks to assess the damage from…

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…

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