S&P 500 – News Stories About S&P 500 - Page 54

MARKETS

Mar 4, 2009 3:15 PM CST

Stocks Bounce, Dow Up 150

Optimism on Chinese stimulus felt around the world

(Newser) - Stocks made gains today as a rally in China’s Shanghai Composite lifted several sectors, the Wall Street Journal reports. Optimism over further stimulus efforts by Beijing lifted shares of firms in manufacturing, mining, and technology stocks around the world on hope of increased Chinese demand. The Dow Jones rose...

China's Rally Sends Stocks Up

MARKET Open

Mar 4, 2009 8:38 AM CST

China's Rally Sends Stocks Up

(Newser) - Stocks surged at today’s open, tracking a huge rally in China, the Wall Street Journal reports. The Dow climbed 100 points, while the S&P and Nasdaq each added 1.8%. That followed a more than 6% leap in the Shanghai Composite, on strong manufacturing data and stimulus discussion....

Stocks Gyrate; Dow Down 37

MARKETS

Mar 3, 2009 3:20 PM CST

Stocks Gyrate; Dow Down 37

Investors hope yesterday's sell-off brings the market close to a floor

(Newser) - Stocks looked set for rallies several times during today’s session in the wake of yesterday’s sell-off, but closed with mild losses, the Wall Street Journal reports. Shares of General Motors and Ford fell after both reported declining sales for February. The Dow fell 37.27 to close at...

Stocks Inch Up After Plunge

MARKET Open

Mar 3, 2009 8:48 AM CST

Stocks Inch Up After Plunge

(Newser) - Stocks limped higher at the open today, after a punishing Monday session that left the Dow below 7,000, its worst levels since April 1997. Today the Dow was up 80 points in early trading, the Wall Street Journal reports, while the S&P and Nasdaq added 1.6% and...

Dow Drops 300 to
Lowest Close Since '97

MARKETS

Mar 2, 2009 3:18 PM CST

Dow Drops 300 to Lowest Close Since '97

Index makes a beeline for 6,000

(Newser) - Investors sold stock in droves today amid continued financial-sector woes and a poor report on manufacturing, the Wall Street Journal reports. Financials sank, and the manufacturing woes sent General Electric, Boeing, Caterpillar and 3M into downward spirals. The Dow fell 299.64 to close at 6,763.29. The Nasdaq...

Dow Drops Below 7000

MARKETS

Mar 2, 2009 8:45 AM CST

Dow Drops Below 7000

(Newser) - Stocks sunk below 7000 at the open today, extending a global selloff fueled by trouble in financials. The Dow was off 161 points by mid-morning, while the S&P tumbled 2.5%, the Nasdaq 1.9%. Bad news abounded, with HSBC saying it planned to limit US lending, AIG’s...

Dow Falls 119 on Citi Fears

MARKETS

Feb 27, 2009 3:23 PM CST

Dow Falls 119 on Citi Fears

(Newser) - The government’s move to downgrade its shares in Citigroup pushed the Dow down today, Bloomberg reports. Not helping was news that GDP contracted 6.2% in the last quarter, and the end to a weeklong rally by other big banks. The Dow fell 119.15, to 7,062.93;...

Stocks Plunge on GDP, Citi

MARKET Open

Feb 27, 2009 8:44 AM CST

Stocks Plunge on GDP, Citi

(Newser) - Stocks took an early dive today, as investors digested a bleak GDP report and Citigroup’s new rescue package, the Wall Street Journal reports. The Dow tumbled about 125 points, while the S&P lost 2%. The Nasdaq dropped 1.1%. Citigroup shares plummeted 31% after it announced a deal...

Insurers Propel Dow Down 89

MARKETS

Feb 26, 2009 3:26 PM CST

Insurers Propel Dow Down 89

Obama budget boosts some financials

(Newser) - Stocks turned lower today amid grim economic news and varied responses to President Obama’s budget, the Wall Street Journal reports. Durable goods sank and jobless claims rose, and insurers Aetna and Humana dropped sharply over fears of adverse effects from the administration's healthcare reform. The Dow fell 88.81...

Jobs, GM Can't Knock Stocks

MARKET Open

Feb 26, 2009 8:50 AM CST

Jobs, GM Can't Knock Stocks

(Newser) - Stocks headed north early, with the Dow up 93 points, despite bleak economic data and a $9.6 billion loss from GM. Jobless claims unexpectedly leaped last week, with total claims topping 5 million for the first time, while durable goods orders sunk 5.2% in January. But JPMorgan rose...

Big Banks Up; Dow Down 80

MARKETS

Feb 25, 2009 3:17 PM CST

Big Banks Up; Dow Down 80

Troubled financials boosted by Bernanke comments, Treasury plan

(Newser) - Stocks suffered modest losses today, though prominent financial institutions gained, the Wall Street Journal reports. Details of the Treasury’s “stress tests” and comments from Ben Bernanke disavowing nationalization buoyed Citigroup, Bank of America and Wells Fargo—but another dismal home-sales report depressed the broader market. The Dow fell...

Street Battles Back; Dow Up 236

MARKETS

Feb 24, 2009 3:17 PM CST

Street Battles Back; Dow Up 236

Financials lead rally

(Newser) - Stocks rallied today as traders snapped up bargains in the wake of yesterday’s sell-off, the Financial Times reports. Citigroup and Bank of America led the surge after Ben Bernanke said the government would not have to resort to nationalization to save the beleaguered banks. The Dow gained 236.16,...

Dow Off 251;
Lowest Close Since '97

MARKETS

Feb 23, 2009 3:09 PM CST

Dow Off 251; Lowest Close Since '97

Financials do better on reports of that nationalization will be gentle

(Newser) - Stocks fell today as concerns about waning global demand sank shares of giants like IBM, Hewlett-Packard, General Electric, and Alcoa, the Wall Street Journal reports. Citigroup bucked the trend on reports that a government takeover wouldn’t wipe out shareholders, and rose 11%. The Dow fell 250.89 to 7,...

Stocks Make Modest Gains

MARKET Open

Feb 23, 2009 8:46 AM CST

Stocks Make Modest Gains

(Newser) - Stocks went modestly higher at the open today, with the Dow up about 60 points and the Nasdaq and S&P gaining 0.5% and 0.9% respectively, driven by big gains in financials. Citigroup was up 18%, after the Wall Street Journal reported that the government might convert its...

Dow Ends Sorry Week Off 101

MARKETS

Feb 20, 2009 3:21 PM CST

Dow Ends Sorry Week Off 101

Nationalization talk spurs financial sell-off

(Newser) - Stocks lost value again today as talk of nationalizing top US banks spurred investors to sell financials, MarketWatch reports. The Obama administration tried to tamp down the nationalization chatter, but without success. Meanwhile, General Electric and General Motors fell 6% and 16%, respectively. The Dow lost 100.28 to close...

Stocks Can't Stop Bleeding

MARKET Open

Feb 20, 2009 8:52 AM CST

Stocks Can't Stop Bleeding

(Newser) - Stocks continued their march downward at the open today, following a wave of selloffs around the globe. The Dow dropped 136 points, after closing at a six-year low yesterday. The S&P plunged 1.8%, while the Nasdaq was off 1.1%. Yesterday’s US losses triggered a wave of...

Dow Drops to 6-Year Low

MARKETS

Feb 19, 2009 3:22 PM CST

Dow Drops to 6-Year Low

Fifth Third Bancorp reports losses

(Newser) - Stocks fell again today, with the Dow sinking to its lowest point in six years, MarketWatch reports. The usual financials led declines, with poor results from Fifth Third Bancorp souring sentiment. The Dow fell 89.68 points to close at 7,465.95. The Nasdaq lost 25.15 points, closing...

Stocks Rise on Job, Price Data

MARKET Open

Feb 19, 2009 8:52 AM CST

Stocks Rise on Job, Price Data

(Newser) - Stocks climbed at the open, following jobless claims and wholesale price reports that, for once, didn’t contain any nasty surprises. The Dow was up 35 points, while the Nasdaq and S&P each rose about 0.8%. The producer-price index rose 0.8% in January, reflecting a widespread rise...

Stocks Mixed; Dow Up 3 Points

MARKETS

Feb 18, 2009 3:17 PM CST

Stocks Mixed; Dow Up 3 Points

Greenspan comments on nationalization keep financials down

(Newser) - Stocks vacillated between minor gains and losses today, perking up slightly after President Obama announced his housing plan, MarketWatch reports. Financials continued to slide after Alan Greenspan suggested in a Financial Times interview that bank nationalization would be the “least bad” way to solve the crisis. The Dow gained...

Stocks Flat Despite
Housing Plan

MARKET Open

Feb 18, 2009 8:49 AM CST

Stocks Flat Despite Housing Plan

(Newser) - Stocks barely budged at the open today, as optimism over President Obama’s home foreclosure plan was canceled out by grisly housing numbers. The Dow inched up a handful of points, while the Nasdaq and S&P each gained about 0.5%. Housing starts fell 16.8% in January, much...