Wall Street Report: Stocks Have a Difficult Week and Earnings Due Out Next Week
Hemera/Thinkstock(NEW YORK) — The markets open Monday after what was a mostly a rough week for stocks.The Dow was up two points at the Friday’s closing bell, the Nasdaq was down five and the S&P off four. Lots of earnings reports will be released …
Bad Day for the Markets, Despite Good News from the Fed
Hemera/Thinkstock(NEW YORK) — The markets on Wednesday suffered their worst day in months, despite an encouraging report from the Fed. The Dow dropped 129 points, the Nasdaq lost 13 and the S&P gave up nine. Meanwhile, the Fed offered a…
Firms Paying Dividends Highest in Decade
iStockphoto/Thinkstock(NEW YORK) — The number of S&P 500 companies that have paid dividends to their shareholders, 402, is the highest since 1999.The number of dividend payers is the highest it’s been in the 21st century, which is good news …
Stocks Mixed at Close; US Consumers More Budget Conscious
Hemera/Thinkstock(NEW YORK) — Stocks traded in a narrow range, teetering between gains and losses for most of the day. Wednesday the Dow and the S&P finally settled slightly higher, while the Nasdaq slipped. The Dow edged up seven points and …
Dow Kicks Off Week in Positive Territory
Hemera/Thinkstock(NEW YORK) — Monday was fairly quiet on Wall Street despite some financial unrest last week in Europe and some disappointing economic reports here at home.Investors were in a moderately good mood after Friday’s better than expected jo…
Stocks Rally Despite Report Showing Higher Unemployment Rate
Hemera/Thinkstock(NEW YORK) — The latest jobs report, which showed the unemployment rate ticked up from 8.2 to 8.3 percent last month, couldn’t keep the markets down Friday. U.S. stocks rallied before calling it a week. The Dow Jones Industrial A…
Stocks Finish Day Lower, European Central Bank Disappoints
iStockphoto/Thinkstock(NEW YORK) — New worries about the shaky financial situation in Europe forced U.S. markets down Thursday. Investors may have been disappointed with the European Central Bank’s (ECB) obscurity in addressing the region’s debt…
Facebook Stock Dips Below $20
Justin Sullivan/Getty Images(NEW YORK) — Facebook shares hit a new low Thursday, dipping under $20 for a short time.The company’s latest stock woes come on a day when bad news piled up for the social network.Top Facebook executives Katie Mitic a…
Stocks Close Lower as Fed Delays Action on Economy
iStockphoto/Thinkstock(NEW YORK) — The Federal Reserve’s decision not to take immediate action to stimulate the economy helped drive stocks lower Wednesday.The Dow closed at 12,976, a loss of 33 points. The Nasdaq lost 19 points, falling to 2,920, whi…
Stocks Close Day Down; Indexes Up for the Month
Hemera/Thinkstock(NEW YORK) — Stocks closed lower Tuesday ahead of two crucial meetings this week. Still, the Dow closed the month with gains for the ninth time in 10 months. Despite posting a 1 percent increase for July, the Dow Jones Industria…
Dow Closes Slightly Lower; Nasdaq and S&P Also Down
Hemera/Thinkstock(NEW YORK) — The markets saw minor changes Monday, as investors await important domestic data set to be released later this week. And if it wasn’t for one bank’s downgrade, the Dow may have actually finished the day higher.The Dow sun…
Dow Closes Above 13,000
Hemera/Thinkstock(NEW YORK) — The Dow ended the week with a bang. The index climbed higher Friday, closing above 13,000 for the first time since May 7.The Dow added 187.73 points, while the Nasdaq and S&P gained 64.84 points and 25.95, respectivel…
Facebook: New Mobile Products Coming, No Facebook Phone
Justin Sullivan/Getty Images(NEW YORK) — While Facebook’s earnings call was full of revenue generating strategies, including an increase in sponsored stories, Facebook COO Sheryl Sandberg and CEO Mark Zuckerberg stressed the company’s upco…
Stocks Rally to Finish Higher
Medioimages/Photodisc/Thinkstock(NEW YORK) — Stocks rallied Thursday on eased concerns for the euro zone, erasing losses for the week. The central bank in Europe has expressed willingness to help support the region’s troubled economies and save …
FB Earnings: Facebook Beats Sales Estimates; Shares Rise
Facebook(NEW YORK) — Facebook (Nasdaq: FB), after its disastrous initial share offer in May, issued its first earnings report as a public company today, topping analyst expectations for sales at $1.184 billion and meeting profit estimates. “Our goal i…
Stocks Mixed at Close; Dow Bounces Back
iStockphoto/Thinkstock(NEW YORK) — A couple of strong earnings reports paired with a sharp drop in new home sales led to a mixed market Wednesday. The Dow rose for the first time in four days, closing up 58.7 points at 12,676 after the rel…
Dow Has Third Consecutive Triple-Digit Loss
iStockphoto/Thinkstock(NEW YORK) — Weak corporate earnings led to another day of losses for stocks on Tuesday. The Dow tumbled, losing more than 100 points for a third straight session. The Dow closed down 104.14 points at 12,617.32….
Global Stocks Drag on Concerns Over Spain
Hemera/Thinkstock(NEW YORK) — Growing fears that Spain will need to be bailed out hit markets hard Monday, sending global stocks sharply lower and the euro down to a fresh two-year low against the dollar. The Dow lost 101 points Monday to close at 12,…
Global Stocks Drag on Concerns Over Spain
Hemera/Thinkstock(NEW YORK) — Growing fears that Spain will need to be bailed out hit markets hard Monday, sending global stocks sharply lower and the euro down to a fresh two-year low against the dollar. The Dow lost 101 points Monday to close at 12,…
Fiscal Pressures in Spain Trouble US Markets
Hemera Technologies/Thinkstock(NEW YORK) — The markets developed a new case of worries about Europe, particularly Spain, and stocks sank after three previously strong sessions. The Dow ended the week down 121 points, falling to 12,823. The Nasdaq…