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Dow Closes Up 228 Ahead of Fed Meeting

S&P 500, Nasdaq also end the day up

(Newser) - US stocks are closing solidly higher ahead of the start of a crucial Federal Reserve policy meeting. The Dow Jones industrial average gained 228 points, or 1.4%, to 16,599 today. The Standard & Poor's 500 index climbed 25 points, or 1.3%, to 1,978. The Nasdaq...

Dow Ends Day Up 102
 Dow Ends Day Up 102 

Dow Ends Day Up 102

Nasdaq, S&P 500 also see modest gains

(Newser) - Stocks are ending moderately higher after overcoming a few early stumbles. The Dow Jones industrial average gained 102 points, or 0.6%, to close at 16,433. The Standard & Poor's 500 index increased eight points, or 0.5%, to 1,961. The Nasdaq composite climbed 26 points, or...

Dow Ends Day Up 76
 Dow Ends Day Up 76 

Dow Ends Day Up 76

Nasdaq, S&P 500 also up modestly

(Newser) - Stocks are closing modestly higher as investors parse the latest news on the job market and try to anticipate what's next for US interest rates. The Dow Jones industrial average rose 76 points, or 0.5%, to close at 16,330 today. The Standard & Poor's 500 index...

Dow Ends Day Down 239
 Dow Ends Day Down 239 

Dow Ends Day Down 239

S&P 500, NASDAQ also decline

(Newser) - US stocks are closing lower after an early rally fizzled. The declines today were led by energy stocks as the price of crude oil fell sharply. Traders also worried that a report showing that the number of available jobs soared in July could help convince Federal Reserve policymakers to raise...

Dow Sees 2nd-Biggest Gain of the Year

Ends the day up 390

(Newser) - Stocks are closing sharply higher, bouncing back from a drop last week, as the market's recent bout of volatility continues. The Dow Jones industrial average jumped 390 points, or 2.4%, to 16,492 today. That's the Dow's second-biggest gain this year following an even bigger surge...

Market Ends Second-Worst Week This Year

Dow ends day down 272

(Newser) - Stocks are closing lower after the latest jobs report gave investors few clues about the Federal Reserve's next move on interest rates. It was the second-worst week for the market so far this year. The Dow Jones industrial average lost 272 points, or 1.7%, to 16,102 today....

Dow Ends Day Up 23
 Dow Ends Day Up 23 

Dow Ends Day Up 23

S&P 500 also up, though Nasdaq is down

(Newser) - Stocks are closing mostly higher as markets regain their footing after a turbulent few weeks. The Dow Jones industrial average edged up 23 points, or 0.1%, to 16,374 today. The Standard & Poor's 500 index rose two points, also 0.1%, to 1,951. The Nasdaq composite...

Dow Rebounds, Ends Day Up 293

Nasdaq, S&P 500 are also up

(Newser) - US stocks are closing broadly higher as the market bounces back from a plunge yesterday. The Dow Jones industrial average climbed 293 points, or 1.8%, to 16,351 today. The Standard & Poor's 500 index increased 35 points, or 1.8%, to 1,948. The Nasdaq composite gained...

Stocks See Third-Worst Drop This Year

Dow ends day down 469

(Newser) - Markets are turning turbulent again after investors were unnerved by more signs of weakness in China, the world's second-largest economy. US stocks sank 3% today, their third-worst drop this year. The two bigger falls occurred in the last two weeks. The Dow Jones industrial average dropped 469 points, or...

Dow Jumps 200 on Deal Reports
 Dow Jumps 200 
 on Deal Reports 
MARKETS

Dow Jumps 200 on Deal Reports

Market breathes a sigh of relief

(Newser) - Investors sprang into action today on reports that a Senate deal to reopen the government and raise the debt limit "is in hand," sending stocks soaring. At one point the Dow was up as much as 200 points in midday trading, and as of 11:39am was still...

Nasdaq Resumes Trading After Technical Glitch

Exchange was down about 3 hours

(Newser) - Nasdaq is back in business after an apparent technical glitch brought the exchange to a rare halt this afternoon for more than three hours, reports the Wall Street Journal . The exchange hasn't fully explained what happened, but trading of all Nasdaq securities ground to a halt just after noon...

Dow Passes All-Time High
 Dow Passes All-Time High 

Dow Passes All-Time High

Stocks soar at open after positive report from China

(Newser) - The Dow Jones Industrial Average reached its highest level ever just after the opening bell this morning, thanks in part to China's pronouncement that it would be maintaining its growth target. As of 9:51, the Dow was up 103 points, to 14,231. Its previous high, set in...

Stocks, Dollar Plunge After Obama Win
 Dow Plunges 300+
 on Obama Win 
MARKETS

Dow Plunges 300+ on Obama Win

Fiscal cliff worries loom

(Newser) - Wall Street wasn't exactly cheering over President Obama's reelection. Stocks have been positively plunging all morning, with the Dow down 338 points, the S&P falling 37, and the Nasdaq dropping 79 as of 11:30am. With Washington's makeup essentially unchanged, investors were worried about the oncoming...

Dow Plunges 200 on Bad Earnings
 Dow Plunges 200 
 on Bad Earnings 
MARKETS

Dow Plunges 200 on Bad Earnings

Stocks suffer biggest drop since June

(Newser) - Stocks plunged at the open today, with the Dow falling more than 200 points, sending it to its lowest level in seven weeks. As of 10:22am the Dow was down 206, while the Nasdaq and S&P were down 30 and 20 points respectively. The major cause for the...

Google Halts Trading After Earnings Misfire

Report, a bad one, gets out early

(Newser) - Google plummeted almost $80 per share, more than 10%, and trading in the stock was halted two and a half hours today after a disappointing earnings report was published ahead of schedule and surprised investors. Bleak figures in the report about online advertising dragged down Facebook stock, too, and the...

Key Groupon Investors Ditch the Troubled Stock

Critics say big pre-IPO investments overvalued the company

(Newser) - With Groupon having lost three-quarters of its IPO value, several of its key early investors, including web icon Marc Andreessen, have left the building, reports the Wall Street Journal . Andreessen's firm, Andreessen Horowitz, invested $40 million of the $950 million pumped into Groupon in the months before it went...

UBS to Sue Nasdaq Over Facebook IPO

Bank slams 'gross mishandling' of debut after losing $356M

(Newser) - More fallout from the Facebook IPO: UBS is planning to sue Nasdaq over a market debut that resulted in $356 million in losses for the Swiss bank. "As a market maker in one of the largest IPOs in US history, we received significant orders from clients," UBS said....

Spain Panic Sends Dow Down 200+
 Spain Panic Sends 
 Dow Down 200+ 
MARKETS

Spain Panic Sends Dow Down 200+

Spanish bonds hit dizzying high

(Newser) - The Dow took a nosedive this morning, as did markets the world over, after Spanish media reported that up to six regions may need assistance from the federal government, sending the yields on Spanish 10-year bonds to a new high of more than 7.5%. The Dow plunged 237 points...

Nasdaq: We Owe Industry Apology Over Facebook IPO

It's offering clients $40 million to cover losses

(Newser) - Nasdaq is offering $40 million in cash and rebates to its clients to make up for the glitches during the Facebook IPO, reports Reuters . One problem: Total claims by firms who lost money because of the technical snafus could reach $150 million to $200 million, say two senior finance execs....

Dow Plummets 200+ Points
 Dow Plummets 200+ Points 

Dow Plummets 200+ Points

Weak jobs report leads to market troubles

(Newser) - The Dow's gain for the year is gone, thanks to today's terrible jobs report . The Dow fell more than 200 points following the report, according to the AP . At 11am EDT, it was at 12,170, down 224 points. That's a loss of about 0.3% for...

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