Wall Street closed a stellar week on Friday after recent economic data, including a stronger-than-expected labor market report, bolstered optimism that the economy would not fall back into recession.
The S&P 500 gained 3.8 percent for the week, its best in eight, setting the stage for a more bullish mood when markets re-open Tuesday after the [...]
Posts Tagged ‘Nasdaq composite’
Stocks Rally as Jobs Data Spurs Optimism
September 3rd, 2010 by Financial Writer
Tags: Dow Jones Industrial, economic estimates, economists, financial markets, financial system, Nasdaq composite, US Treasuries, wall street
more...Stocks drop on global economic worries
August 24th, 2010 by Financial Writer
NEW YORK — Stocks retreated Tuesday as worries continue to mount about the pace of a global recovery.
U.S. traders braced for another disappointing report on the housing market later in the day. Overseas markets tumbled.
The Dow Jones industrial average fell more than 100 points in morning trading. Broader indexes also fell more than 1 percent. [...]
Tags: Dow Jones Industrial, economic growth, global recovery, home sales, housing market, interest rates, mortgage rates, Nasdaq composite, stock market, unemployment rate
Stocks Shrug Off Earnings, Wait for Bernanke
July 21st, 2010 by Financial Writer
U.S. stocks wavered, as lagging health-care stocks competed with enthusiasm over second-quarter earnings from financials ahead of testimony from Federal Reserve Chairman Ben Bernanke.
Investors will be listening for any guidance Mr. Bernanke offers on the possibility of the economy slowing down in the second half and what further tools the Fed has at its disposal [...]
Tags: Dow Jones Industrial, economic growth, economy recovery, financial system, investment, money, Nasdaq composite, us, us economic, us stocks, wells fargo
US Stocks Climb Modestly, Boosted By Deals, Early Earnings Reports
July 19th, 2010 by Financial Writer
U.S. stocks bounced back modestly Monday, as investors drew confidence from weekend deals and early earnings reports ahead of a week packed with corporate results and stocks regained some of their equilibrium following Friday’s sharp decline.
Better-than-expected earnings from Delta Air Lines and Halliburton helped boost expectations for the week’s crop of earnings releases, which will [...]
Tags: Dow Jones Industrial, economy recovery, euro zone, european economy, european union, IMF, investors, money, Nasdaq composite, us stocks
Wall Street Traders Return and Start Buying
July 6th, 2010 by Financial Writer
Traders returned to Wall Street on Tuesday from a long holiday weekend and promptly began to buy.
Shares in Europe and Asia were also higher as investors tried to recover losses that piled up after a string of disappointing economic reports.
The jump as investors looked past a report that growth in services businesses slowed last month. [...]
Tags: bank of england, bank stock, businesses, consumer spending, Dow Jones Industrial, economic growth, economic reports, economists, european central bank, investors, Nasdaq composite, wall street, world economic
Stocks jittery after jobs report
July 2nd, 2010 by Financial Writer
Stocks slipped Friday as investors eyed the weaker-than-expected June jobs report, and were cautious ahead of the long holiday weekend.
The Dow Jones industrial average (INDU) lost 36 points, or 0.4%, the Nasdaq (COMP) composite fell 8 points or 0.4% and the S&P 500 (SPX) index dipped 3 points, or 0.3%. On Thursday, the Dow and [...]
Tags: debt crisis, Dow Jones Industrial, economic, economists, european economy, investor market, Nasdaq composite, stock market, unemployment rate, us economic, us economy
Stocks struggle to rise
June 30th, 2010 by Financial Writer
Stocks struggled to gain Wednesday after a weaker-than-expected jobs report killed some momentum toward a market rebound.
The Dow Jones industrial average (INDU) was up slightly, while the S&P 500 (SPX) gained 0.4% and the Nasdaq (COMP) was up about 0.7%.
The ADP report showed less of a job-market gain than economists had hoped, which dented stocks [...]
Tags: businesses, Dow Jones Industrial, economic recovery, economists, global economic, Nasdaq composite, stocks, world markets
Stocks fall on jobs report and euro
June 4th, 2010 by Financial Writer
Stocks slumped Friday after a government report showed employers added fewer jobs than expected last month and the euro plunged to a new 4-year low, reviving worries about the health of the European economy.
The Dow Jones industrial average (INDU) lost 200 points, or 1.9%. The S&P 500 index (SPX) gave up 21 points, or 2%. [...]
Tags: Dow Jones Industrial, economy recovery, european economy, european markets, financial, financial stocks, Nasdaq composite, stock market, unemployment rate, united technologies, us economy, us stocks
Stocks extend a run
June 3rd, 2010 by Financial Writer
Stocks gained Thursday, building on the previous session’s advance, as investors looked past some weaker-than-expected economic news and focused on recovery hopes.
The Dow Jones industrial average (INDU) gained 46 points, or 0.4%. The S&P 500 index (SPX) rose 5 points, or 0.5% and the Nasdaq composite (COMP) gained 13 points or 0.6%.
On Wednesday, stocks bounced [...]
Tags: businesses, Dow Jones Industrial, economic, economists, european economy, financial markets, Global Economy, Nasdaq composite, stock bounce, stock market, unemployment
Stocks end at 2009 highs
September 10th, 2009 by Financial Writer
Wall Street cheers as strong debt auction, P&G forecast, Geithner comments and drop in jobless claims draw investors.
Stocks surged Thursday, with the major gauges ending at the highest point in nearly a year, having responded strongly to a debt auction and Procter & Gamble’s improved forecast.
The Dow Jones industrial average (INDU) gained 80 points, or [...]
Tags: Debt, Dow Jones Industrial, jobless, Nasdaq composite, recession