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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…

Wall Street Report: Stocks Have a Difficult Week and Earnings Due Out Next Week

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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,…

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