S&P 500 – News Stories About S&P 500 - Page 50

MARKET Open

May 1, 2009 8:43 AM CDT

Stocks Flat After Strong April

(Newser) - Stocks began the month without much fanfare this morning, with the major indexes little changed in early trading, the Wall Street Journal reports. Earnings were generally negative, with MasterCard down 5% after profit fell 18%, and Hartford Financial Services plunging 14% after reporting a $1.21 billion loss. Last month...

Dow Has Best 2-Month
Showing Since 2002

MARKETS

Apr 30, 2009 3:28 PM CDT

Dow Has Best 2-Month Showing Since 2002

Mixed last day can't beat strong month

(Newser) - The markets were mixed today but wrapped up a strong month. The Dow, which fell 17.61 points to close at 8168.12, rose 7.4% in April, the Wall Street Journal reports. The Dow has risen 15.65% in two months—its best two-month showing since 2002 and the...

Earnings Send Stocks Higher

MARKET Open

Apr 30, 2009 8:42 AM CDT

Earnings Send Stocks Higher

(Newser) - Stocks surged at the open, as better-than-expected earnings buoyed hopes that the economy is ready for a comeback, the Wall Street Journal reports. The Dow was up 71 points, while the S&P and Nasdaq rose 8 and 20 points, respectively. Earnings reports have been surprisingly good this quarter; about...

Dow Surges 168 on Fed Hopes

MARKETS

Apr 29, 2009 3:40 PM CDT

Dow Surges 168 on Fed Hopes

Consumer spending bump supports solid gains

(Newser) - Stocks gained today but ended off session highs after good news from a key Federal Reserve body, the Wall Street Journal reports. The Open Market Committee said it saw evidence the economy is stabilizing, and the Fed said it may increase purchases of Treasury securities to lower borrowing costs. The...

Stocks Up, Despite GDP Plunge

Market Open

Apr 29, 2009 8:45 AM CDT

Stocks Up, Despite GDP Plunge

(Newser) - Stocks headed higher at the open today, despite a grisly first quarter GDP report. The Dow rose 61 points, while the S&P and Nasdaq rose 0.9% and 0.8%, respectively, buoyed in part by a surprise 2.2% boost in consumer spending for the quarter. But that optimism...

Financials Sink; Dow Off 8

MARKETS

Apr 28, 2009 3:24 PM CDT

Financials Sink; Dow Off 8

Rising consumer confidence gives stocks a boost

(Newser) - The markets ended flat after mixed economic signals today, the Wall Street Journal reports. Stress-test troubles for Bank of America and Citigroup depressed financials, but news that consumer confidence rose in April—to 39.2, from 26.9 in March—gave stocks a boost. The Dow fell 8.05...

Banks Give Stocks the Flu

MARKET Open

Apr 28, 2009 8:47 AM CDT

Banks Give Stocks the Flu

(Newser) - Swine flu fears, and negative reports about the banks left investors feeling ill this morning. The Dow fell 65 points, while Nasdaq fell 0.8% and the S&P 0.9%. Bank of America and Citigroup were headed south, down 7.5% and 6.2% respectively on reports that they’...

Flu Spooks Street; Dow Off 51

MARKETS

Apr 27, 2009 3:18 PM CDT

Flu Spooks Street; Dow Off 51

Firms likely to be hurt by reaction to disease see shares drop

(Newser) - Swine flu worried investors but wasn’t enough to spark a full-scale sell-off today, the Financial Times reports. AMR, parent of American Airlines, Marriott, and Expedia fell as investors bet against firms that may be specifically hurt. Shares of Gilead Sciences, developer of Tamiflu, were up nearly 4%, however. The...

Stocks Sink on Swine Flu Panic

MARKET Open

Apr 27, 2009 8:44 AM CDT

Stocks Sink on Swine Flu Panic

(Newser) - Swine flu panic swept across markets today, sending stocks lower around the world. In the US, the Dow sank 80 points at the open, while the S&P and Nasdaq fell 1.1% and 1.2% respectively. In Asia, the Hang Seng tumbled 2.7%, while many major European indexes...

Big Banks Rally; Dow Up 119

MARKETS

Apr 24, 2009 3:24 PM CDT

Big Banks Rally; Dow Up 119

Investors mull 'stress test' criteria

(Newser) - Stocks gained today on some positive earnings reports, but anxiety over the ramifications of government "stress tests" kept the lid on, the Wall Street Journal reports. The disclosure of the “stress test” methodology seemed to boost the biggest banks, like Bank of America, Wells Fargo, and US Bancorp,...

Stocks Edge Higher

Market Open

Apr 24, 2009 8:48 AM CDT

Stocks Edge Higher

(Newser) - Stocks got a modest boost at the open, as better-than-expected earnings battled with stress test anxiety. The Dow rose 51 points, while the S&P and Nasdaq added 0.6% and 0.4% respectively, the Wall Street Journal reports. Ford skyrocketed 19% after reporting a mere $1.4 billion—and...

Dow Up 70 on Mixed Earnings

MARKETS

Apr 23, 2009 3:16 PM CDT

Dow Up 70 on Mixed Earnings

Apple, eBay do well in first quarter; UPS, SunTrust banks post losses

(Newser) - Stocks gained today amid mixed earnings news, the Wall Street Journal reports. Market volatility has dropped, with neither of the past two sessions seeing any big moves. Apple, eBay, Coach and Radio Shack beat expectations, while UPS, SunTrust Banks and Fifth Third Bancorp saw losses. The Dow rose 70.49...

Stocks, Earnings Both Mixed

MARKET Open

Apr 23, 2009 8:42 AM CDT

Stocks, Earnings Both Mixed

(Newser) - Stocks barely budged at the open, after a good quarter from Apple and a lousy one from UPS. The Dow fluctuated between gains and losses, and was recently down 13 points. The S&P and Nasdaq were similarly flat. Apple rose 3% after beating expectations with a 15% earnings jump....

Pharma Pushes Dow Down 83

MARKETS

Apr 22, 2009 3:29 PM CDT

Pharma Pushes Dow Down 83

Sandisk gains after earnings beating expectations

(Newser) - Stocks were mixed today as pharmaceuticals declined but tech saw gains, the Wall Street Journal reports. GlaxoSmithKline reported a 13% drop in first-quarter earnings; GSK, Merck and Pfizer shares dropped. Yahoo and Sandisk were up despite posting quarterly losses. The Dow fell 82.99 to close at 7,886.57....

Stocks Slide on Grim Earnings

MARKET Open

Apr 22, 2009 8:43 AM CDT

Stocks Slide on Grim Earnings

(Newser) - Stocks headed lower at the open today, thanks to another round of dour corporate earnings. The Dow fell 44 points, while the S&P and Nasdaq dropped 0.9% and 0.8% respectively. Morgan Stanley tumbled more than 8%, after reporting a quarterly loss, and slashing its dividend. Wells Fargo,...

Dow Up 128 on Geithner Talk

MARKETS

Apr 21, 2009 3:25 PM CDT

Dow Up 128 on Geithner Talk

Banks rally after comments by Treasury secretary, Bank CEOs

(Newser) - Stocks gained today on upbeat comments from Timothy Geithner and the CEOs of Citigroup and US Bancorp, the Wall Street Journal reports. Banks rallied after the Treasury secretary said that the “vast majority” have sufficient capital. The Dow closed up 127.83 at 7,969.56. The Nasdaq rose...

Earnings Send Stocks South

MARKET Open

Apr 21, 2009 8:40 AM CDT

Earnings Send Stocks South

(Newser) - Stocks slid at the open this morning, after a rash of less-than-inspiring earnings reports from major companies. The Dow was down 30 points, as components Coca-Cola, Caterpillar, Dupont, and Merck all posted lousy first quarters. Caterpillar swung to a loss and slashed guidance, sending shares down 5%, while Dupont fell...

Banks Push Dow Down 290,
Below 8,000

MARKETS

Apr 20, 2009 3:25 PM CDT

Banks Push Dow Down 290, Below 8,000

Dow falls 289 on financial uncertainty

(Newser) - Stocks saw deep declines today as uneasiness over banking spilled into the broader market, the Wall Street Journal reports. Bank of America slid 22% on word of growing losses in its credit-card unit. Goldman Sachs, Citigroup and JPMorgan Chase also fell on reports of a Treasury move that may dilute...

Stocks Slump Despite Earnings

MARKET Open

Apr 20, 2009 8:50 AM CDT

Stocks Slump Despite Earnings

(Newser) - Stocks plummeted this morning, despite what’s been a generally positive earnings season so far, the Wall Street Journal reports. The Dow sunk 178 points, while the S&P and Nasdaq were both off 2.4%. That’s in the wake of a better-than-expected quarter from Bank of America, which...

Stocks Stall
on Earnings;
Dow Climbs 6

MARKETS

Apr 17, 2009 3:25 PM CDT

Stocks Stall on Earnings; Dow Climbs 6

But extend winning streak to 6th week

(Newser) - Stocks gave up afternoon gains to close higher by single digits as a week of first-quarter earnings reports failed to spark a selloff or surge, the Wall Street Journal reports. Google’s stock barely moved after the company reported slowing sales growth. GE and Citigroup earnings beat estimates, but GE...