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Dow Drops Nine Points; USAirways Stock Slips

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 Closes Near Record High

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

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…

Apple Shares Drop on Slowdown Worries

Apple Shares Drop on Slowdown Worries

Kevork Djansezian/Getty Images(NEW YORK) — Apple stock took a hit the morning after its first-quarter earnings were released, falling about 10 percent.  Investors are worried that growth is slowing at Apple, the world’s most valuable company.Shar…

Dow Snagged by Weak Boeing Stock

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

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…

Apple Stock Closes Near $500

Apple Stock Closes Near $500

SeongJoon Cho/Bloomberg via Getty Images(NEW YORK) — Shares of Apple Inc. (Nasdaq: AAPL) closed at $501.75 in New York trading Monday, falling 3.57 percent after reports that the tech company has decreased its orders for parts, but analysts will wait …

US Markets See Small Advances

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…

Markets Pull Back After Last Week’s Gains; Foreclosure Settlement Affects Bank Shares

Markets Pull Back After Last Week’s Gains; Foreclosure Settlement Affects Bank Shares

Hemera/Thinkstock(NEW YORK) — U.S. markets cooled off Monday after last week’s surge to their highest weekly advancements in over a year.Investors took profits from last week’s run-up, after the S&P reached levels not seen since the start of the G…

‘Fiscal Cliff’ Deal, Jobs Report Push Stocks Higher

‘Fiscal Cliff’ Deal, Jobs Report Push Stocks Higher

Hemera/Thinkstock(NEW YORK) — The markets ended the week higher, with the S&P closing at its highest level since 2007, before the financial crisis. The index closed the session at 1,466. The Dow Jones Industrial Average added 43 points Friday…

Federal Reserve Split on When to Halt QE3; Markets End the Day Slightly Lower

Federal Reserve Split on When to Halt QE3; Markets End the Day Slightly Lower

iStockphoto/Thinkstock(NEW YORK) — Members of the Federal Reserve are split on whether to keep stimulating the economy until the end of 2013, according to minutes from a Fed meeting released Thursday afternoon.  Some members of the Fed believe th…

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…

Stocks to Watch in 2013

Stocks to Watch in 2013

Comstock/Thinkstock(NEW YORK) — It’s that time of year, when we all want to know what stocks we should be buying in the coming year, or thinking about buying, or steering very, very clear of. So here are seven of the biggest stocks worth keeping your …

Stocks Rally to End the Year with Gains

Stocks Rally to End the Year with Gains

Hemera/Thinkstock(NEW YORK) — U.S. stocks rallied in the final hours of trading for the year as investors await a budget deal to take shape in Washington. The Dow Jones Industrial Average, after waffling much of the morning, jumped 166 points to …

Stocks Down While Legislators Discusses the Fiscal Cliff

Stocks Down While Legislators Discusses the Fiscal Cliff

Hemera/Thinkstock(NEW YORK) — On the last trading day of the week, stocks dropped, as investors lose hope that Washington will meet a self imposed deadline for avoiding the fiscal cliff.The Dow lost 158 points in a five day losing streak, the longest …

Fiscal Cliff Approaches and Stocks Decline

Fiscal Cliff Approaches and Stocks Decline

Hemera/Thinkstock(NEW YORK) — As debate continues over the looming fiscal cliff, stocks were down on Thursday.
The Dow dropped 18.28 points, and the S&P lost 1.73 points. The Nasdaq closed 4 and a quarter points in the red.U.S. consumer confidence…

Holiday Sales Decline and Stocks Fall

Holiday Sales Decline and Stocks Fall

Hemera/Thinkstock(NEW YORK) — Early signs of disappointing holiday sales dragged down the averages on Thursday.Stocks initially edged higher on some positive signs for the housing market, but then lost ground as shares of retailers sank. Data shows th…

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